Common use of Notice to Depositor Clause in Contracts

Notice to Depositor. In the event that the Trustee shall have been notified at any time of any action to be taken or proposed to be taken with respect to the Securities (including but not limited to the making of any demand, direction, request, giving of any notice, consent or waiver or the voting with respect to any amendment or supplement to any indenture, resolution, agreement or other instrument under or pursuant to which the Securities have been issued) the Trustee shall promptly notify the Depositor and shall thereupon take such action or refrain from taking any action, as appropriate, so as to insure that such Securities are voted as closely as possible in the same manner and the same general proportion, with respect to all issues, as are the shares of such Securities held by owners other than the Trust."

Appears in 42 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1278), Trust Agreement (Van Kampen Unit Trusts Series 1270), Trust Agreement (Van Kampen Unit Trusts Series 1254)

AutoNDA by SimpleDocs

Notice to Depositor. In the event that the Trustee shall have been notified at any time of any action to be taken or proposed to be taken with respect to the Securities (including but not limited to the making of any demand, direction, request, giving of any notice, consent or waiver or the voting with respect to any amendment or supplement to any indenture, resolution, agreement or other instrument under or pursuant to which the Securities have been issued) the Trustee shall promptly notify the Depositor and shall thereupon take such action or refrain from taking any action, as appropriate, so as to insure that such Securities are voted as closely as possible in the same manner and the same general proportion, with respect to all issues, as are the shares of such Securities held by owners other than the TrustTrust unless the Depositor instructs otherwise within five Business Days of the giving of such notice to the Depositor."

Appears in 41 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 556), Trust Agreement (Van Kampen Unit Trusts Series 454), Trust Agreement (Van Kampen Unit Trusts Series 479)

Notice to Depositor. In the event that the Trustee shall have been notified at any time of any action to be taken or proposed to be taken with respect to the Securities (including but not limited to the making of any demand, direction, request, giving of any notice, consent or waiver or the voting with respect to any amendment or supplement to any indenture, resolution, agreement or other instrument under or pursuant to which the Securities have been issued) the Trustee shall promptly notify the Depositor and shall thereupon take such action or refrain from taking any action, as appropriate, so as to insure that such Securities are voted as closely as possible in the same manner and the same general proportion, with respect to all issues, as are the shares of such Securities held by owners other than the Trust."

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 730), Trust Agreement (Van Kampen Unit Trusts Series 775), Trust Agreement (Van Kampen Unit Trusts Series 752)

Notice to Depositor. In the event that the Trustee shall have been notified at any time of any action to be taken or proposed to be taken with respect to by holders of the Securities (including but not limited to the making of any demand, direction, request, giving of any notice, consent or waiver or the voting with respect to any amendment or supplement to any indenture, resolution, agreement or other instrument under or pursuant to which the Securities have been issued) ), the Trustee shall promptly notify the Depositor and shall thereupon take such action or refrain from taking any action, as appropriate, action so as to insure that such the Equity Securities are voted as closely as possible in the same manner and the same general proportion, with respect to all issues, as are the shares of such Securities that are held by owners other than the Trust."

Appears in 1 contract

Samples: Trust Agreement (Matrix Unit Trust Series 2)

AutoNDA by SimpleDocs

Notice to Depositor. In the event that the Trustee shall have been notified at any time of any action to be taken or proposed to be taken with respect to the Securities (including but not or limited to the making of any demand, direction, request, giving of any notice, consent or waiver or the voting with respect to any amendment or supplement to any indenture, resolution, agreement or other instrument under or pursuant to which the Securities have been issued) the Trustee shall promptly notify the Depositor and shall thereupon take such action or refrain from taking any action, as appropriate, so as to insure that such Securities are voted as closely as possible in the same manner and the same general proportion, with respect to all issues, as are the shares of such Securities held by owners other than the TrustTrust unless the Depositor instructs otherwise within five Business Days of the giving of such notice to the Depositor."

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 493)

Time is Money Join Law Insider Premium to draft better contracts faster.