Common use of Trust Clause in Contracts

Trust. This Indenture may not be amended, however, without the consent of all Unitholders then outstanding, so as (1) to permit, except in accordance with the terms and conditions hereof, the acquisition hereunder of any Securities other than those specified in the Schedules to the Trust Agreement or (2) to reduce the aforesaid percentage of Units the holders of which are required to consent to certain of such amendments. This Indenture may not be amended so as to reduce the interest in a Trust represented by Units without the consent of all affected Unitholders.

Appears in 72 contracts

Samples: Trust Agreement (Advisors Disciplined Trust 1605), Trust Agreement (Advisors Disciplined Trust 1623), Trust Agreement (Advisors Disciplined Trust 1503)

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