Common use of SPLIT OF STRYPES Clause in Contracts

SPLIT OF STRYPES. Each Purchaser consents to the split of such Purchaser's STRYPES. Subsequent to the determination of the public offering price per STRYPES and related underwriting discount for the STRYPES to be sold to the Underwriters (as defined in the Amended and Restated Trust Agreement of the Trust dated as of March 26, 1997, by ML IBK Positions, Inc. and Bear, Xxxxxxx & Co. Inc., as sponsors, and the trustees named therein) but prior to the sale of the STRYPES to the Underwriters, each STRYPES purchased hereby shall be split into a greater number of STRYPES so that immediately following such split the value of each STRYPES held by the Purchasers will equal the aforesaid public offering price per STRYPES.

SPLIT OF STRYPES. Each The Purchaser consents to the split of such the Purchaser's STRYPES. Subsequent to the determination of the public offering price per STRYPES and related underwriting discount for the STRYPES to be sold to the Underwriters (as defined in the Amended and Restated Trust Agreement of the Trust dated as of March 26September 15, 1997, by ML IBK Positions, Inc. and Bear, Xxxxxxx & Co. Inc., as sponsorssponsor, and the trustees named therein) but prior to the sale of the STRYPES to the Underwriters, each the STRYPES purchased hereby shall be split into a greater number of STRYPES so that immediately following such split the value of each STRYPES held by the Purchasers Purchaser will equal the aforesaid public offering price per STRYPES.

SPLIT OF STRYPES. Each The Purchaser consents to the split of such Purchaser's STRYPES. Subsequent to the determination of the public offering price per STRYPES and related underwriting discount for the STRYPES to be sold to the Underwriters Underwriter (as defined in the Amended and Restated Trust Agreement of the Trust dated as of March 26_____ __, 1997, by ML IBK Positions, Inc. and Bear, Xxxxxxx & Co. Inc., as sponsorssponsor, and the trustees named therein) but prior to the sale of the STRYPES to the UnderwritersUnderwriter, each STRYPES purchased hereby shall be split into a greater number of STRYPES so that immediately following such split the value of each STRYPES held by the Purchasers will equal the aforesaid public offering price per STRYPES.

SPLIT OF STRYPES. Each The Purchaser consents to the split of such the Purchaser's STRYPES. Subsequent to the determination of the public offering price per STRYPES and related underwriting discount for the STRYPES to be sold to the Underwriters (as defined in the Amended and Restated Trust Agreement of the Trust to be dated as of March 26May 1, 19971998, by ML IBK Positions, Inc. and Bear, Xxxxxxx & Co. Inc., as sponsorssponsor, and the trustees named therein) but prior to the sale of the STRYPES to the Underwriters, each the STRYPES purchased hereby shall be split into a greater number of STRYPES so that immediately following such split the value of each STRYPES held by the Purchasers Purchaser will equal the aforesaid public offering price per STRYPES.