Common use of Liability of Certificateholders Clause in Contracts

Liability of Certificateholders. 7 Section 2.09. Title to Trust Property.......................................................................7 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Warranties and Covenants of the Depositor....................................7 Section 2.12. Federal Income Tax Allocations................................................................8

Liability of Certificateholders. 7 Section 2.09. 10 SECTION 2.7 Title to Trust Property.......................................................................7 Section 2.10. ........................................................ 10 SECTION 2.8 Situs of Trust................................................................................7 Section 2.11. Representations, ................................................................. 10 SECTION 2.9 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. Federal Income Tax Allocations................................................................8.................................... 10 SECTION 2.10

Liability of Certificateholders. 7 Section 2.09. 9 SECTION 2.7 Title to Trust Property.......................................................................7 Section 2.10. ............................................................................ 9 SECTION 2.8 Situs of Trust................................................................................7 Section 2.11. Representations, ..................................................................................... 9 SECTION 2.9 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. Federal Income Tax Allocations................................................................8........................................................ 9 SECTION 2.10

Liability of Certificateholders. 7 Section 2.09. 9 SECTION 2.7 Title to Trust Property.......................................................................7 Section 2.10. .............................................................. 9 SECTION 2.8 Situs of Trust................................................................................7 Section 2.11. Representations, ....................................................................... 9 SECTION 2.9 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. Federal Income Tax Allocations................................................................8.......................................... 10 SECTION 2.10

Liability of Certificateholders. 7 Section 2.09. Title to Trust Property.......................................................................7 ......................................................................8 Section 2.10. Situs of Trust................................................................................7 Issuer..............................................................................8 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ..............................................8 Section 2.12. Federal Income Tax Allocations................................................................8...............................................................9 ARTICLE THREE TRUST CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 Section 2.09. SECTION 2.8 Title to Trust Property.......................................................................7 Section 2.10. .................................................. 8 SECTION 2.9 Situs of Trust................................................................................7 Section 2.11. Representations, ........................................................... 8 SECTION 2.10 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. .......................... 8 SECTION 2.11 Federal Income Tax Allocations................................................................8Matters............................................... 9

Liability of Certificateholders. 7 Section 2.09. 2.09 Title to Trust Property..................................................................................................................7 Section 2.10. 2.10 Situs of Trust................................................................................7 ....................................................8 Section 2.11. 2.11 Representations, Warranties and Covenants of the Depositor....................................7 ........8 Section 2.12. 2.12 Federal Income Tax Allocations................................................................8....................................9 ARTICLE III

Liability of Certificateholders. 7 4 Section 2.09. 2.09 Title to Trust Property.......................................................................7 Property ................................................... 4 Section 2.10. 2.10 Situs of Trust................................................................................7 Trust ............................................................ 4 Section 2.11. 2.11 Representations, Warranties and Covenants of the Depositor....................................7 Depositor ................ 4 Section 2.12. 2.12 Federal Income Tax Allocations................................................................8Allocations ............................................ 5

Liability of Certificateholders. 7 6 Section 2.09. Title to Trust Property.......................................................................7 6 Section 2.10. Situs of Trust................................................................................7 6 Section 2.11. Representations, Warranties and Covenants of the Depositor....................................7 6 Section 2.12. Federal Income Tax Allocations................................................................8Matters....................................................................7

Liability of Certificateholders. 7 8 Section 2.092.08. Title to Trust Property.......................................................................7 8 Section 2.09. Situs of Issuer...............................................................................8 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ...............................................9 Section 2.122.11. Federal Income Tax Allocations................................................................8Matters...................................................................10 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 6 Section 2.09. Title to Trust Property.......................................................................7 ........................................6 Section 2.10. Situs of Trust................................................................................7 .................................................6 Section 2.11. Representations, Warranties and Covenants of the Depositor....................................7 .....6 Section 2.12. Federal Income Tax Allocations................................................................8.

Liability of Certificateholders. 7 Section 2.09. 10 SECTION 2.8 Title to Trust Property.......................................................................7 Section 2.10. .............................................. 10 SECTION 2.9 Situs of Trust................................................................................7 Section 2.11. Representations, ....................................................... 10 SECTION 2.10 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. ...................... 10 SECTION 2.11 Federal Income Tax Allocations................................................................8Matters........................................... 12

Liability of Certificateholders. 7 12 Section 2.092.9. Title to Trust Property.......................................................................7 .......................................12 Section 2.10. Situs of Trust................................................................................7 ................................................12 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ...................12 Section 2.12. Federal Income Tax Allocations................................................................8Treatment.................................................14 Section 2.13. Retained Interest.............................................14 Section 2.14. Additional Underlying Securities and Certificates.............14 Section 2.15. Call Options, Exercise of Call Options and Exchange of Certificates for Underlying Securities........................15 Section 2.16. Mergers.......................................................18 Section 2.17. Grant of Security Interest....................................19

Liability of Certificateholders. 7 Section 2.09. 6 SECTION 2.8 Title to Trust Property............................................................................................................... 7 Section 2.10. SECTION 2.9 Situs of Trust................................................................................................................................. 7 Section 2.11. Representations, SECTION 2.10 Representations and Warranties and Covenants of the Depositor.................................................... 7 Section 2.12. SECTION 2.11 Federal Income Tax Allocations................................................................Matters..................................... 8

Liability of Certificateholders. 7 Section 2.09. 9 SECTION 2.7 Title to Trust Property.......................................................................7 Section 2.10. ................................................................... 9 SECTION 2.8 Situs of Trust................................................................................7 Section 2.11. Representations, ............................................................................ 9 SECTION 2.9 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. Federal Income Tax Allocations................................................................8............................................... 9 SECTION 2.10

Liability of Certificateholders. 7 9 Section 2.092.08. Title to Trust Property.......................................................................7 .........................................9 Section 2.09. Situs of Issuer.................................................9 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 .................9 Section 2.122.11. Federal Income Tax Allocations................................................................8Matters.....................................10 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 9 Section 2.092.08. Title to Trust Property.......................................................................7 ........................................9 Section 2.09. Situs of Issuer................................................9 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ................9 Section 2.122.11. Federal Income Tax Allocations................................................................8Matters....................................10 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 Section 2.09. 6 SECTION 2.8 Title to Trust Property.......................................................................7 Section 2.10. ........................................ 6 SECTION 2.9 Situs of Trust................................................................................7 Section 2.11. Representations, ................................................. 6 SECTION 2.10 Representations and Warranties and Covenants of the Depositor.................................................... 7 Section 2.12. SECTION 2.11 Federal Income Tax Allocations................................................................Matters..................................... 8

Liability of Certificateholders. 7 4 Section 2.09. 2.09 Title to Trust Property.......................................................................7 ..................................4 Section 2.10. 2.10 Situs of Trust................................................................................7 ...........................................4 Section 2.11. 2.11 Representations, Warranties and Covenants of the Depositor....................................7 .........................................4 Section 2.12. 2.12 Federal Income Tax Allocations................................................................8...........................5

Liability of Certificateholders. 7 5 Section 2.09. Title to Trust Property.......................................................................7 5 Section 2.10. Situs of Trust................................................................................7 5 Section 2.11. Representations, Warranties and Covenants of the Depositor....................................7 6 Section 2.12. Federal Income Tax Allocations................................................................8Matters....................................................................7

Liability of Certificateholders. 7 8 Section 2.092.08. Title to Trust Property.......................................................................7 .............................................................................9 Section 2.09. Situs of Issuer.....................................................................................9 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 .....................................................9 Section 2.122.11. Federal Income Tax Allocations................................................................8Matters.........................................................................10 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 8 Section 2.092.08. Title to Trust Property.......................................................................7 ..........................................8 Section 2.09. Situs of Issuer..................................................9 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ..................9 Section 2.122.11. Federal Income Tax Allocations................................................................8Matters......................................10 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 5 Section 2.09. 2.09 Title to Trust Property.......................................................................7 ...................................5 Section 2.10. 2.10 Situs of Trust................................................................................7 ............................................5 Section 2.11. 2.11 Representations, Warranties and Covenants of the Depositor....................................7 .................................................6 Section 2.12. 2.12 Federal Income Tax Allocations................................................................8............................7

Liability of Certificateholders. 7 8 Section 2.092.08. Title to Trust Property.......................................................................7 ........................................8 Section 2.09. Situs of Issuer................................................9 Section 2.10. Situs of Trust................................................................................7 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ................9 Section 2.122.11. Federal Income Tax Allocations................................................................8Matters....................................10 ARTICLE THREE CERTIFICATES AND TRANSFER OF INTERESTS

Liability of Certificateholders. 7 Section 2.09. 8 SECTION 2.8 Title to Trust Property.......................................................................7 Section 2.10. Property .............................................. 8 SECTION 2.9 Situs of Trust................................................................................7 Section 2.11. Representations, Trust ....................................................... 8 SECTION 2.10 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. Depositor ...................... 8 SECTION 2.11 Federal Income Tax Allocations................................................................8Matters ........................................... 9

Liability of Certificateholders. 7 Section 2.09. 6 SECTION 2.8 Title to Trust Property.......................................................................7 Section 2.10. ................................................................6 SECTION 2.9 Situs of Trust................................................................................7 Section 2.11. Representations, .........................................................................6 SECTION 2.10 Representations and Warranties and Covenants of the Depositor............................................................................7 Section 2.12. SECTION 2.11 Federal Income Tax Allocations................................................................Matters.............................................................8

Liability of Certificateholders. 7 12 Section 2.092.9. Title to Trust Property.......................................................................7 ....................................... 12 Section 2.10. Situs of Trust................................................................................7 ................................................ 12 Section 2.11. Representations, Representations and Warranties and Covenants of the Depositor....................................7 ................... 13 Section 2.12. Federal Income Tax Allocations................................................................8Treatment................................................. 14 Section 2.13. Retained Interest............................................. 14 Section 2.14. Additional Underlying Securities and Certificates............. 14 Section 2.15. Call Options, Exercise of Call Options and Exchange of Certificates for Underlying Securities........................ 15 Section 2.16. Mergers....................................................... 19 Section 2.17. Grant of Security Interest.................................... 19

Liability of Certificateholders. 7 Section 2.09. SECTION 2.8 Title to Trust Property.......................................................................Property .............................................................. 7 Section 2.10. SECTION 2.9 Situs of Trust................................................................................Trust ....................................................................... 7 Section 2.11. Representations, SECTION 2.10 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. Depositor ...................................... 8 SECTION 2.11 Federal Income Tax Allocations................................................................8Matters ........................................................... 9

Liability of Certificateholders. 7 Section 2.09. 8 SECTION 2.8 Title to Trust Property.......................................................................7 Section 2.10. ........................................ 8 SECTION 2.9 Situs of Trust................................................................................7 Section 2.11. Representations, ................................................. 8 SECTION 2.10 Representations and Warranties and Covenants of the Depositor....................................7 Section 2.12. ................ 8 SECTION 2.11 Federal Income Tax Allocations................................................................8Matters..................................... 9