Common use of U S E S Clause in Contracts

U S E S. FIRST. The Trustor hereby irrevocably delivers and transfers to the Trustee, and the Trustee hereby receives and accepts delivery of the the share certificate representing the SBC Shares, in the trust and for the purposes set forth in this Agreement. The Trustee shall then grant to the Trustor the receipt that corresponds to the assets held in this trust. At any time, the Beneficiary may transfer to this Trust additional Series "AA" shares of Telmex in order to fulfill the purposes of this trust, and such shares shall become assets of this trust; provided, that the Beneficiary shall not transfer to this trust a higher percentage of Series "AA" shares than that allowed by Telmex's bylaws.

U S E S. FIRST. The Trustor hereby irrevocably delivers and transfers to the Trustee, and the Trustee hereby receives and accepts delivery of the the share certificate representing the SBC Shares, in the trust and for the purposes set forth in this Agreement. The Trustee shall then grant to the Trustor the receipt that corresponds to the assets held in this trust. At any time, the Beneficiary may transfer to this Trust additional Series "AA" shares of Telmex America Movil in order to fulfill the purposes of this trust, and such shares shall become assets of this trust; provided, that the Beneficiary shall not transfer to this trust a higher percentage of Series "AA" shares than that allowed by TelmexAmerica Movil's bylaws.