Allocation of Realized Losses and Trust Expenses. With respect to any Series, Realized Losses and Extraordinary Trust Expenses, if any, shall be allocated on any Distribution Date in accordance with the Allocation Ratio, provided, however, that distributions pursuant to Section 3.04 shall be completed as the earliest practicable date.
Appears in 63 contracts
Samples: Series Supplement (Merrill Lynch Depositor Inc Pplus Trust Series CMT-1), Series Supplement (PPlus Trust Series GSC-4), Series Supplement (Merrill Lynch Depositor Inc Public Steers Ser 1999 Ren C1 Tr)
Allocation of Realized Losses and Trust Expenses. With respect to any SeriesSeries of Certificates, Realized Losses Losses, Eligible Expenses, Allowable Expense Amounts and Extraordinary Trust Expenses, if any, shall be allocated on any Distribution Date in accordance with the Allocation Ratio, provided, however, that distributions pursuant to Section 3.04 shall be completed as the earliest practicable date.
Appears in 2 contracts
Samples: Trust Agreement (Merrill Lynch Depositor Inc), Trust Agreement (Merrill Lynch Depositor Inc)
