Original Issue of Certificates. On the date Securities sold pursuant to the Underwriting Agreement are originally issued, certificates for the Securities shall be issued by the Trust, and, at the request of the Trustees, registered in such names and such denominations as the underwriters shall have previously requested of the Trustees, executed manually or in facsimile by the Managing Trustee and countersigned by the Paying Agent. At no time shall the aggregate number of Securities represented by such countersigned certificates exceed the number of then outstanding Securities.
Appears in 6 contracts
Samples: Paying Agent Agreement (Second Automatic Common Exchange Security Trust), Paying Agent Agreement (Fourth Automatic Common Exchange Security Trust), Paying Agent Agreement (CVS Automatic Common Exchange Security Trust)
Original Issue of Certificates. On the date the Securities are originally issued and sold pursuant to the Underwriting Agreement are originally issuedAgreement, certificates for the Securities shall be issued by the Trust, and, at the request of the Trustees, registered in such names and such denominations as the underwriters Underwriters shall have previously requested of the Trustees, executed manually or in facsimile by the Managing Trustee and countersigned manually by the Paying Agent. At no time shall the aggregate number of Securities represented by such countersigned certificates exceed the number of then outstanding Securities.
Appears in 4 contracts
Samples: Paying Agent Agreement (Ameritrade Automatic Common Exchange Security Tr), Paying Agent Agreement (Eleventh Automatic Common Exchange Security Trust), Paying Agent Agreement (Amdocs Automatic Common Exchange Security Trust)
Original Issue of Certificates. On the date the Securities are originally issued and sold pursuant to the Underwriting Agreement are originally issuedPurchase Agreement, certificates for the Securities shall be issued by the Trust, and, at the request of the Trustees, registered in such names and such denominations as the underwriters Purchasers shall have previously requested of the Trustees, executed manually or in facsimile by the Managing Trustee and countersigned manually by the Paying Agent. At no time shall the aggregate number of Securities represented by such countersigned certificates exceed the number of then outstanding Securities.
Appears in 1 contract
Samples: Paying Agent Agreement (2010 Swift Mandatory Common Exchange Security Trust)
Original Issue of Certificates. On the date Securities sold pursuant to the Underwriting Agreement are originally issued, certificates for the Securities shall be issued by the Trust, and, at the request of the Trustees, registered in such names and such denominations as the underwriters Underwriter shall have previously requested of the Trustees, executed manually or in facsimile by the Managing Trustee and countersigned manually by the Paying Agent. At no time shall the aggregate number of Securities represented by such countersigned certificates exceed the number of then outstanding Securities.
Appears in 1 contract
Samples: Paying Agent Agreement (Estee Lauder Automatic Common Exchange Security Trust Ii)
Original Issue of Certificates. On the date the Securities are originally issued and sold pursuant to the Underwriting Agreement are originally issuedSecurities Purchase Agreement, certificates for the Securities shall be issued by the Trust, and, at the request of the Trustees, registered in such names and such denominations as the underwriters Purchasers shall have previously requested of the Trustees, executed manually or in facsimile by the Managing Trustee and countersigned manually by the Paying Agent. At no time shall the aggregate number of Securities represented by such countersigned certificates exceed the number of then outstanding Securities.
Appears in 1 contract
Samples: Paying Agent Agreement (2009 Dole Food Automatic Common Exchange Security Trust)
