Initial Depositor definition

Initial Depositor means EFCAR, LLC, in its capacity as depositor under the Initial Trust Agreement.
Initial Depositor means the Bank of Montreal.
Initial Depositor means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, a Delaware corporation, or its successor.

Examples of Initial Depositor in a sentence

  • Notwithstanding Section 6.2 of the Standard Terms, the Trust shall terminate by the Trustee mailing notice of such termination to the Owners of all Receipts then outstanding at least 30 days prior to the date set for termination if the Initial Depositor notifies the Trustee of its decision to terminate the Trust.

  • EFCAR, LLC, as the Initial Depositor, hereby consents to the amendment of the Initial Trust Agreement by this Agreement and acknowledges and agrees that all of its rights and obligations as depositor with respect to the Holding Trust are hereby assumed by the Seller.

  • Subject to the terms of the Gold Storage Agreement, the Initial Depositor, in its sole and absolute discretion, will determine whether the physical Gold Bullion holdings in the Initial Depositor’s account are in coin, bar, wafer, or ingot form.

  • However, the Amendment does not apply to the Market 2000+ HOLDRS or a future HOLDRS Trust agreed upon by the Initial Depositor and the Trustee.

  • Neither the Initial Depositor nor the Trustee shall be liable for any action or non-action by it in reliance upon the advice of or information from legal counsel, accountants, any person presenting Securities for deposit, any Owner or Beneficial Owner, or any other person believed by it in good faith to be competent to give such advice or information.


More Definitions of Initial Depositor

Initial Depositor means Epoch Securities, Inc., a Delaware corporation, or its successor.
Initial Depositor has the meaning specified in the recitals to this Trust Agreement.
Initial Depositor has the meaning set forth in the first paragraph of this Trust Agreement.
Initial Depositor means Salomon Smith Barney Inc., a New York corporation, or its successor.
Initial Depositor means SIG Indices, LLLP, or its successor, as initial depositor under the Depositary Trust Agreement.
Initial Depositor. Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, a Delaware corporation, acting for its own account or as agent for owners of the Deposited Shares.
Initial Depositor means MLPF&S, as the initial depositor under each Subject HOLDRS Trust Agreement.