in its entirety. All Units so tendered by a Unitholder (a "Rollover Unitholder") shall be redeemed and cancelled during the Special Redemption and Liquidation Period. Subject to payment by such Rollover Unitholder of any tax or other governmental charges which may be imposed thereon, such redemption is to be made in kind pursuant to Section 5.02 by distribution of cash and/or Securities to the Distribution Agent based on the net asset value on the date the Units are redeemed and cancelled multiplied by the number of Units being redeemed (herein called the "Rollover Distribution").
Appears in 11 contracts
Samples: Trust Indenture and Agreement (Nuveen Unit Trusts Series 59), Trust Indenture and Agreement (Nuveen Unit Trusts Series 50), Trust Indenture and Agreement (Nuveen Unit Trusts Series 49)
in its entirety. All Units so tendered by a Unitholder (a "Rollover Unitholder") shall be redeemed and cancelled on such date during the Special Redemption and Liquidation PeriodPeriod as the Depositor shall determine and notify the Trustee thereof. Subject to payment by such Rollover Unitholder of any tax or other governmental charges which may be imposed thereon, such redemption is to be made in kind pursuant to Section 5.02 by distribution of cash and/or Securities to the Distribution Agent based on the net asset value on the date the Units are redeemed and cancelled multiplied by the number of Units being redeemed (herein called the "Rollover Distribution").
Appears in 8 contracts
Samples: Trust Indenture and Agreement (Nuveen Unit Trusts Series 58), Trust Indenture and Agreement (Nuveen Unit Trusts Series 38), Trust Indenture and Agreement (Nuveen Unit Trusts Series 56)