Common use of Creation and Development Fee Clause in Contracts

Creation and Development Fee. If the Prospectus related to the Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "CREATION AND DEVELOPMENT ACCOUNT"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust. This Reference Trust Agreement shall be deemed effective when executed and delivered by the Sponsor and the Trustee.

Creation and Development Fee. If the Prospectus related to the Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-non- Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "CREATION AND DEVELOPMENT ACCOUNTCreation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust. This Reference Trust Agreement shall be deemed effective when executed and delivered by the Sponsor and the Trustee.

Creation and Development Fee. If the Prospectus related to the Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "CREATION AND DEVELOPMENT ACCOUNTCreation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust. This Reference Trust Agreement shall be deemed effective when executed and delivered by the Sponsor and the Trustee.