Common use of Issue of Units Clause in Contracts

Issue of Units. By executing the Reference Trust Agreement, the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.01, and simultaneously with the receipt of said deposit, will either (a) record on its books for the account of the Depositor the aggregate number of Units of the Trust issued in exchange therefor or (b) execute Certificates substantially in the form above recited representing the ownership of all Units of the Trust, as specified in Part II of the Reference Trust Agreement and deliver same to the Depositor. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the Depositor, which revised number of Units shall be recorded by the Trustee on its books. The Trusts created by this Indenture are separate and distinct trusts for all purposes and the assets of one such trust may not be commingled with the assets of any other nor shall the expenses of any such trust be charged against the other. The Units or Certificates therefor representing the ownership of a fractional undivided interest in one Trust shall not be exchangeable for Units or certificates representing the ownership of an undivided fractional interest in any other.

Issue of Units. By executing the Reference Trust AgreementAgreement and receipt for deposited property, the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.01, and simultaneously with the receipt of said deposit, will either (a) record on its books for the account of the Depositor the aggregate number of Units of the Trust issued in exchange therefor or (b) execute Certificates substantially in the form above recited representing the ownership of all Units of the Trust, as specified in Part II of the Reference Trust Agreement and deliver same to the DepositorAgreement. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the Depositor, which revised number of Units shall be recorded by the Trustee on its books. The Trusts created by this Indenture are separate and distinct trusts for all purposes and the assets of one such trust may not be commingled with the assets of any other other, nor shall the expenses of any such trust be charged against the other. The Units or Certificates therefor representing the ownership of a fractional undivided interest in one Trust shall not be exchangeable for Units or certificates representing the ownership of an undivided fractional interest in any otherother except as set forth in the applicable Prospectus.

Issue of Units. By executing the Reference Trust AgreementAgreement and receipt for deposited property, the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.01, and simultaneously with the receipt of said deposit, will either (a) record on its books for the account of the Depositor the aggregate number of Units of the Trust issued in exchange therefor or (b) execute Certificates substantially in the form above recited representing the ownership of all Units of the Trust, as specified in Part II of the Reference Trust Agreement and deliver same to the DepositorAgreement. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the Depositor, which revised number of Units shall be recorded by the Trustee on its books. The Trusts created by this Indenture are separate and distinct trusts for all purposes and the assets of one such trust may not be commingled with the assets of any other other, nor shall the expenses of any such trust be charged against the other. The Units or Certificates therefor representing the ownership of a fractional undivided interest in one Trust shall not be exchangeable for Units or certificates representing the ownership of an undivided fractional interest in any otherother except as set forth in the Prospectus.