Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.
Examples of Mandatory Termination Date in a sentence
The Trust Agreement will terminate upon the sale or other disposition of the last Security held thereunder, but in no event will it continue beyond the Mandatory Termination Date.
More Definitions of Mandatory Termination Date
Mandatory Termination Date means the “Termination Date” set forth under “Essential Information” in the Prospectus for each Trust.
Mandatory Termination Date. Record Date," "Securities" and "Unit" and to add the following definitions: Capital Distribution Date The meaning assigned to it in the Prospectus for a Trust. Mandatory Termination Date The meaning assigned to it in the Prospectus for a Trust. Contract Securities The Securities which are to be acquired by any Trust Fund pursuant to a contract or contracts for the purchase of such securities which have been assigned to the Trustee along with the amounts required for their purchase which have been delivered to the Trustee. Evaluator The party designated in the Prospectus for a Trust or any party appointed by the Sponsor. Initial Date of Deposit The meaning assigned to it in the Prospectus for each respective Trust Fund.