Common use of The Trust Account Clause in Contracts

The Trust Account. The Trustees shall, upon issuance of the STRYPES, establish with the Paying Agent an account to be called the "Trust Account". All moneys received by the Trustees in respect of the Contract, the U.S. Treasury Securities and any Temporary Investments held pursuant to Section 3.4 hereof, all moneys received from the sale of the STRYPES to the Sponsors, and any proceeds from the sale of the STRYPES to the Underwriters after the purchase of the Contract and the U.S. Treasury Securities shall be credited to the Trust Account.

Appears in 2 contracts

Samples: Trust Agreement (Xyz Strypes Trust), Trust Agreement (Nextel Strypes Trust)

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The Trust Account. The Trustees shall, upon issuance of the STRYPESTrust Securities, establish with the Paying Agent an account to be called the "Trust Account". All moneys received by the Trustees in respect of the ContractContracts, the stripped Treasury Securities, any other U.S. Treasury Government Securities delivered to the Trust and any Temporary Investments held pursuant to Section 3.4 hereof, all moneys received from the sale of the STRYPES Trust Securities to the Sponsors, and any proceeds from the sale of the STRYPES to the Underwriters after the purchase of the Contract and the U.S. Treasury Securities Settlor shall be credited to the Trust Account.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (2017 Mandatory Exchangeable Trust)

The Trust Account. The Trustees shall, upon issuance of the ----------------- STRYPES, establish with the Paying Agent an account to be called the "Trust Account". All moneys received by the Trustees in respect of the Contract, the U.S. Treasury Securities and any Temporary Investments held pursuant to Section 3.4 hereof, all moneys received from the sale of the STRYPES to the SponsorsSponsor, and any proceeds from the sale of the STRYPES to the Underwriters after the purchase of the Contract and the U.S. Treasury Securities shall be credited to the Trust Account.

Appears in 1 contract

Samples: Trust Agreement (Snyder Strypes Trust)

The Trust Account. The Trustees shall, upon issuance of the STRYPES, establish with the Paying Agent an account to be called the "Trust Account". ." All moneys received by the Trustees in respect of the Contract, the U.S. Treasury Securities and any Temporary Investments held pursuant to Section 3.4 hereof, all moneys received from the sale of the STRYPES to the SponsorsSponsor, and any proceeds from the sale of the STRYPES to the Underwriters Underwriter after the purchase of the Contract and the U.S. Treasury Securities shall be credited to the Trust Account.

Appears in 1 contract

Samples: Trust Agreement (WBK Strypes Trust)

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The Trust Account. The Trustees shall, upon issuance of the STRYPES, establish with the Paying Agent an account to be called the "Trust Account". All moneys received by the Trustees in respect of the Contract, the U.S. Treasury Securities and any Temporary Investments held pursuant to Section 3.4 3.04 hereof, all moneys received from the sale of the STRYPES to the SponsorsSponsor, and any proceeds from the sale of the STRYPES to the Underwriters after the purchase of the Contract and the U.S. Treasury Securities shall be credited to the Trust Account.

Appears in 1 contract

Samples: Trust Agreement (Dollar General Strypes Trust)

The Trust Account. The Trustees shall, upon issuance of the STRYPESSecurities, establish with the Paying Agent an account to be called the "Trust Account". All moneys received by the Trustees in respect of the Contract, the Treasury Securities, any other U.S. Treasury Government Securities delivered to the Trust and any Temporary Investments held pursuant to Section 3.4 hereof3.5, all moneys received from the sale of the STRYPES to the Sponsors, and any proceeds from the sale of the STRYPES to the Underwriters after the purchase of the Contract and the U.S. Treasury Securities shall be credited to the Trust Account.the

Appears in 1 contract

Samples: Trust Agreement (Amdocs Automatic Common Exchange Security Trust)

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