Common use of Creation and Distribution Clause in Contracts

Creation and Distribution. Ownership of the Beneficial Interest shall be divided into 46,750,000 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or the Transfer Agent. The Trust Unitholders shall be the sole beneficial owners of the Trust Estate and the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 13,863,889 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof shall be evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The holders of the Trust Unitholders Units from time to time shall be the sole beneficial owners beneficiaries of the Trust Estate principal and interest of the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 17,605,000 Trust Units, of which 35,062,500 13,203,750 shall be Common Units and 11,687,500 4,401,250 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The holders of the Trust Unitholders Units from time to time shall be the sole beneficial owners beneficiaries of the Trust Estate principal and interest of the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 18,400,000 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof shall be evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The holders of the Trust Unitholders Units from time to time shall be the sole beneficial owners beneficiaries of the Trust Estate principal and interest of the Trust.

Creation and Distribution. Ownership of the Beneficial Interest shall be divided into 46,750,000 52,500,000 Trust Units, of which 35,062,500 39,375,000 shall be Common Units and 11,687,500 13,125,000 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The Trust Unitholders shall be the sole beneficial owners of the Trust Estate and the Trust.

Creation and Distribution. Ownership of the Beneficial Interest shall be divided into 46,750,000 28,000,000 Trust Units, of which 35,062,500 21,000,000 shall be Common Units and 11,687,500 7,000,000 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The Trust Unitholders shall be the sole beneficial owners of the Trust Estate and the Trust.

Creation and Distribution. Ownership of the Beneficial Interest shall be divided into 46,750,000 49,000,000 Trust Units, of which 35,062,500 36,750,000 shall be Common Units and 11,687,500 12,250,000 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or the Transfer Agent. The Trust Unitholders shall be the sole beneficial owners of the Trust Estate and the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 17,000,000 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof shall be evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The holders of the Trust Unitholders Units from time to time shall be the sole beneficial owners beneficiaries of the Trust Estate principal and interest of the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 16,540,000 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof shall be evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The holders of the Trust Unitholders Units from time to time shall be the sole beneficial owners beneficiaries of the Trust Estate principal and interest of the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 11,500,000 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof shall be evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The holders of the Trust Unitholders Units from time to time shall be the sole beneficial owners beneficiaries of the Trust Estate principal and interest of the Trust.

Creation and Distribution. Ownership of the entire Beneficial Interest shall be divided into 46,750,000 33,000,000 Trust Units, of which 35,062,500 shall be Common Units and 11,687,500 shall be Subordinated Units. The Trust Units shall initially be uncertificated and ownership thereof shall be evidenced by entry of a notation in an ownership ledger maintained for such purpose by the Trustee or a transfer agent designated by the Transfer AgentTrustee. The Trust Unitholders from time to time shall be the sole beneficial owners of the Trust Estate and the TrustEstate.