Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 10% AT&T Corporation, 10% Chevron Corporation, 10% E.I. du Pont de Nemours & Company, 10% Exxon Corporation, 10% General Motors Corporation, 10% International Paper Company, 10% Minnesota Mining & Manufacturing Company, 10% X.X. Xxxxxx & Company, Inc., 10% Xxxxxx Xxxxxx Companies, Inc., 10% Texaco, Inc.
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit is as set forth in the Prospectus under "Schedule of Investments."
Conditions of Trust. The Trustee (which term shall be deemed to include for purposes of this Section 11.01 the paying agent and registrar, unless the context otherwise requires) hereby accepts the trusts imposed upon it by this Agreement, and agrees to perform said trusts, but only upon and subject to the following express terms and conditions:
(a) The Trustee may execute any of the obligations or powers hereof and perform any of its duties either directly or by or through attorneys, agents, receivers or employees and the Trustee shall not be responsible for any misconduct or negligence on the part of any attorney, agent, receiver or employee appointed with due care by it hereunder.
(b) The Trustee may consult with counsel of its selection concerning all matters of trust hereof and duties hereunder, and the written advice of such counsel or any opinion of such counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon.
(c) The Trustee shall not be responsible for, nor have any liability with respect to, any recital herein or in the Bonds (except in respect of the certificate of the Trustee endorsed on the Bonds), the validity of this Agreement or of any supplements hereto or instruments of further assurance, the maintenance, validity or sufficiency of the security for the Bonds issued hereunder or intended to be secured hereby, or any lien or property to be created hereby, but the Trustee may require of the Authority or the Company full information and advice as to the performance of the covenants, conditions and agreements aforesaid.
(d) The Trustee shall not be accountable for, or have any liability with respect to, the use of any Bonds authenticated or delivered hereunder after such Bonds shall have been delivered in accordance with instructions of the Authority. The Trustee may become the owner of Bonds secured hereby with the same rights that it would have if it were not the Trustee.
(e) The Trustee shall be fully protected in acting upon any notice, request, consent, certificate, order, affidavit, letter, telegram or other paper or document believed in good faith to be genuine and correct and to have been signed or sent by the proper person or persons. Any action taken by the Trustee pursuant to this Agreement upon the request or authority or consent of any person who at the time of making such request or giving such authority or consent is the owner of any Bond...
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit:
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 3.29% AT&T Corporation, 3.30% Chevron Corporation, 3.28% E.I. du Pont de Nemours & Company, 3.29% Exxon Corporation, 3.28% General Motors Corporation, 3.28% Goodyear Tire & Rubber Company, 3.28% International Paper Company, 3.29% Minnesota Mining & Manufacturing Company, 3.28% X.X. Xxxxxx & Company, Inc., 3.28% Xxxxxx Xxxxxx Companies, Inc., 3.29% Allied Domecq Plc, 3.29% BG Plc, 3.29% BTR Plc, 3.28% British Telecommunications Plc, 3.29% Courtaulds Plc, 3.29% Imperial Chemical Industries Plc, 3.28% National Westminster Bank, 3.28% Peninsular & Oriental Steam Navigation Company, 3.29% Royal & Sun Alliance Insurance Group, 3.29% Xxxx & Xxxx Plc, 3.44% Amoy Properties Limited, 3.61% Cathay Pacific Airways, 3.68% Hang Lung Development Company, 3.45% Xxxxxxxxx Investment Ltd., 2.80% Xxxxxxxxx Land Development Company Ltd., 3.52% Hong Kong Electric Holdings Ltd., 3.19% Hong Kong Telecommunications Ltd., 3.67% Hysan Development, 3.50% Shun Tak Holdings Ltd., 3.42% South China Morning Post (Holdings) Ltd.
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 6.68% AT&T Corporation, 6.67% Chevron Corporation, 6.67% General Motors Corporation, 6.67% International Paper Company, 6.69% Minnesota Mining & Manufacturing Company, 6.67% BICC Plc, 6.67% BTR Plc, 6.67% British Gas Plc, 6.67% Courtaulds Plc, 6.67% Xxxxxx Plc, 6.79% Amoy Properties Limited, 6.72% Cathay Pacific Airways, 6.51% Xxxxxxxxx Investment Ltd., 6.84% Shun Tak Holdings Ltd., 6.41% South China Morning Post (Holdings) Ltd.
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 20% AT&T Corporation, 20% Chevron Corporation, 20% Xxxxxxx Kodak Corporation 20% General Motors Corporation, 20% International Paper Company D. The Record Date shall be as set forth in the prospectus for the sale of Units dated the date hereof (the "Prospectus") under "Summary of Essential Information."
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 6.68% AT&T Corporation, 6.68% Exxon Corporation, 6.69% General Motors Corporation, 6.69% International Paper Company, 6.68% Xxxxxx Xxxxxx Companies, Inc., 6.68% Allied Domecq Plc, 6.68% BG Plc, 6.68% BTR Plc, 6.68% British Telecommunications Plc, 6.68% Courtaulds Plc, 6.71% Amoy Properties Limited, 6.60% Cathay Pacific Airways, 6.71% Xxxxxxxxx Investment Ltd., 6.67% Shun Tak Holdings Ltd., 6.49% South China Morning Post (Holdings) Ltd.
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 3.97% Nautica Enterprises, Inc., 4.00% St. Xxxx Knits, Inc., 3.99% Xxxxx Xxxxxxxx Corporation, 3.99% The Coca- Cola Company, 4.01% PepsiCo, Inc., 4.01% The Xxxx Disney Company, 4.01% X.X. Xxxxx Company, 3.99% Xxxx Xxx Corporation, 4.03% The Clorox Company, 3.94% Colgate-Palmolive Company, 4.02% Xxxxxx Co., 4.00% The Procter & Xxxxxx Company, 3.94% Xxxxxxx & Xxxxxxx, 4.02% American Home Products Corporation, 4.01% Xxxxxxx-Xxxxx Squibb Company, 3.97% Schering-Plough Corporation, 4.05% Callaway Golf Company, 3.99% Carnival Corporation, 4.05% Harley-Davidson, Inc., 4.02% XxXxxxxx'x Corporation, 4.04% Gap Inc., 3.98% Intel Corporation, 4.00% Xxxxxx Xxxxxx Incorporated, 4.00% Xxx Xxxxxxxx Xxxxxxx, 3.97% Mattel, Inc.
Conditions of Trust. The Percentage Ratio is as follows on the Initial Date of Deposit: 11.05% American Express Company, 11.40% Berkshire Hathaway, Inc. (Class B), 11.05% The Coca-Cola Company, 11.05% The Xxxx Disney Company, 10.99% Federal Home Loan Mortgage Corporation, 11.12% Xxx Xxxxxxxx Xxxxxxx, 11.08% XxXxxxxx'x Corporation, 11.08% Washington Post Company (Class B), 11.18% Xxxxx Fargo & Company
