Notice to Depositor. In the event that the Trustee shall have been notified at any time of any action to be taken or proposed to be taken by holders of the Securities (including but not limited to the making of any demand, direction, request, giving of any notice, consent or waiver or the voting with respect to any matter relating to the Securities), the Trustee shall promptly notify the Depositor and shall thereupon take such action or refrain from taking any action with respect to the Equity Securities so as to insure that the Equity Securities are voted as closely as possible in the same manner and the same general proportion, with respect to all issues, as are shares of such Equity Securities that are held by owners other than the Trust. 10. Section 3.12(a) of the Standard Terms and Conditions of Trust shall be replaced in its entirety with the following: (a) The Replacement Securities shall be Securities as originally selected for deposit in the Trust or securities which the Depositor determines to be similar in character as Securities originally selected for deposit in the Trust;" 11. The Depositor's annual compensation as set forth under Section 3.13 shall be that dollar amount per 100 Units set forth under "Investment Summary-- Fees and Expenses--Annual operating expenses--Supervisory, evaluation and administration fees" in the Prospectus for the Trust. 12. The Standard Terms and Conditions of Trust shall be amended to include the following section:
Appears in 5 contracts
Samples: Trust Agreement (Advisors Disciplined Trust 114), Trust Agreement (Advisors Disciplined Trust 113), Trust Agreement (Advisors Disciplined Trust 107)
