Common use of Issue of Units Clause in Contracts

Issue of Units. By executing the Reference Trust -------------- Agreement, the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.1, and simultaneously with the receipt of said deposit, pursuant to the Depositors' written direction, will register on the registration books of the Trust the ownership by the Depositors of such Units or, if requested by the Depositors, the ownership by DTC of all of such Units and will cause such Units to be credited at DTC to the account of the Depositors or, pursuant to the Depositors' direction and as hereafter provided, the account of the issuer of the letter of credit referred to in Section 2.01. The Depositors shall not sell, pledge, hypothecate or otherwise transfer such Units, prior to the effectiveness of the registration statement covering the Units filed with the Securities and Exchange Commission under the Securities Act of 1933, except that the Depositors may place the Units as security for any letter of credit provided in connection with the deposit of contracts described in Section 2.1. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the Depositors, on any day on which the Depositors are the only Unitholders, which revised number of Units shall be recorded by the Trustee on its books.

Issue of Units. By executing the Reference Trust -------------- Agreement, the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.1, and simultaneously with the receipt of said deposit, pursuant to the Depositors' Depositor’s written direction, will register on the registration books of the Trust the ownership by the Depositors Depositor of such Units or, if requested by the DepositorsDepositor, the ownership by DTC of all of such Units and will cause such Units to be credited at DTC to the account of the Depositors Depositor or, pursuant to the Depositors' Depositor’s direction and as hereafter provided, the account of the issuer of the letter of credit referred to in Section 2.01. The Depositors Depositor shall not sell, pledge, hypothecate or otherwise transfer such Units, prior to the effectiveness of the registration statement covering the Units filed with the Securities and Exchange Commission under the Securities Act of 1933, except that the Depositors Depositor may place the Units as security for any letter of credit provided in connection with the deposit of contracts described in Section 2.1. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the DepositorsDepositor, on any day on which the Depositors are Depositor is the only UnitholdersUnitholder, which revised number of Units shall be recorded by the Trustee on its books.

Issue of Units. By executing the Reference Trust -------------- Agreement, the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.1, and simultaneously with the receipt of said deposit, pursuant to the Depositors' Depositor's written direction, will register on the registration books of the Trust the ownership by the Depositors Depositor of such Units or, if requested by the DepositorsDepositor, the ownership by DTC of all of such Units and will cause such Units to be credited at DTC to the account of the Depositors Depositor or, pursuant to the Depositors' Depositor's direction and as hereafter provided, the account of the issuer of the letter of credit referred to in Section 2.01. The Depositors Depositor shall not sell, pledge, hypothecate or otherwise transfer such Units, prior to the effectiveness of the registration statement covering the Units filed with the Securities and Exchange Commission under the Securities Act of 1933, except that the Depositors Depositor may place the Units as security for any letter of credit provided in connection with the deposit of contracts described in Section 2.1. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the DepositorsDepositor, on any day on which the Depositors are Depositor is the only UnitholdersUnitholder, which revised number of Units shall be recorded by the Trustee on its books.

Issue of Units. By executing the Reference Trust -------------- Agreement, -------------- the Trustee will thereby acknowledge receipt of the deposit relating to the Trust to which such Reference Trust Agreement relates, referred to in Section 2.1, and simultaneously with the receipt of said deposit, pursuant to the Depositors' written direction, will register on the registration books of the Trust the ownership by the Depositors of such Units or, if requested by the Depositors, the ownership by DTC of all of such Units and will cause such Units to be credited at DTC to the account of the Depositors or, pursuant to the Depositors' direction and as hereafter provided, the account of the issuer of the letter of credit referred to in Section 2.01. The Depositors shall not sell, pledge, hypothecate or otherwise transfer such Units, prior to the effectiveness of the registration statement covering the Units filed with the Securities and Exchange Commission under the Securities Act of 1933, except that the Depositors may place the Units as security for any letter of credit provided in connection with the deposit of contracts described in Section 2.1. The number of Units may be increased through a split of the Units or decreased through a reverse split thereof, as directed by the Depositors, on any day on which the Depositors are the only Unitholders, which revised number of Units shall be recorded by the Trustee on its books.