Common use of SPLIT OF STRYPES Clause in Contracts

SPLIT OF STRYPES. 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 Underwriter (as defined in the Amended and Restated Trust Agreement of the Trust dated as of _____ __, 1997, ML IBK Positions, Inc., as sponsor, and the trustees named therein) but prior to the sale of the STRYPES to the Underwriter, 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. 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 Underwriter Underwriters (as defined in the Amended and Restated Trust Agreement of the Trust to be dated as of _____ __May 1, 19971998, by ML IBK Positions, Inc., as sponsor, and the trustees named therein) but prior to the sale of the STRYPES to the UnderwriterUnderwriters, 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. The 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 Underwriter 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, ▇▇▇▇▇▇▇ & Co. Inc., as sponsorsponsors, and the trustees named therein) but prior to the sale of the STRYPES to the UnderwriterUnderwriters, 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. 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 Underwriter Underwriters (as defined in the Amended and Restated Trust Agreement of the Trust dated as of _____ __September 15, 1997, by ML IBK Positions, Inc., as sponsor, and the trustees named therein) but prior to the sale of the STRYPES to the UnderwriterUnderwriters, 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.