Common use of Bearer Units Clause in Contracts

Bearer Units. Unless otherwise specified in any applicable free writing prospectus, Term Sheet and Pricing Supplement, Bearer Units will be issued only in denominations of a single Unit and any integral multiple thereof, with face amounts in denominations as indicated in any applicable free writing prospectus, Term Sheet and Pricing Supplement, generally corresponding to the denominations of any Notes or other securities comprised by such Units.

Appears in 4 contracts

Samples: Euro Distribution Agreement (Morgan Stanley Capital Trust XII), Euro Distribution Agreement (Morgan Stanley), Euro Distribution Agreement (Morgan Stanley Capital Trust XI)

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