Alternative Exercise. Notwithstanding any other provision of this Trust Agreement, in connection with any exercise of Warrants, if the Warrantholder beneficially owns Class B Units on the date of such exercise, the portion of the Warrant exercise equal to an amount corresponding to the amount of the Class B Units the Warrantholder beneficially owns shall be designated as an "
Appears in 6 contracts
Samples: Trust Agreement (MS Structured Saturns Series 2005-2), Trust Agreement (MS Structured Saturns Series 2004-7), Trust Agreement (MS Structured Saturns Series 2004-5)
