Common use of Transfer or Interchange of Certificates Clause in Contracts

Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transfer. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder to the Trustee. The Trustee may require a Unit Holder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositor. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 2 contracts

Samples: Trust Indenture and Agreement (Government Securities Equity Trust Series 11), Trust Indenture and Agreement (Government Securities Equity Trust Series 12)

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Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate unit investment trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit Unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transfer. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder to the Trustee. The Trustee may require a Unit Holder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositorinterchange. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 2 contracts

Samples: Trust Indenture and Agreement (Morgan Stanley Dean Wit Sel Equity Tr 10 Industrial 2000-2), Trust Indenture and Agreement (Morgan Stanley Dean Wit Sel Equity Tr 5 Industrial 2000-2)

Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder Certificateholder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust Fund executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates of the Trust Fund in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit or any integral multiple thereof or a fraction thereof as may be requested by the Certificateholder of one Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transferany multiple thereof. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, hereunder and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder Certificateholder to the Trustee. The Trustee may require a Unit Holder Certificateholder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositorinterchange. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 1 contract

Samples: Trust Indenture and Agreement (Voyageur Unit Investment Trust Series 1)

Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transfer. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder to the Trustee. The Trustee may require a Unit Holder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositor. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 1 contract

Samples: Trust Indenture and Agreement (Government Securities Equity Trust Series 10)

Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate unit investment trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder Certificate- holder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit Unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transferCertificateholder. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, hereunder and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and or treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder Certificateholder to the Trustee. The Trustee may require a Unit Holder Certificateholder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositorinterchange. All Certificates cancelled canceled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 1 contract

Samples: Indenture and Agreement (Equity Securities Trust Series 6)

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Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit Unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transfer. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder to the Trustee. The Trustee may require a Unit Holder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositorinterchange. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 1 contract

Samples: Trust Indenture and Agreement (National Municipal Trust Series 164)

Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder Certificateholder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor Depositors will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transferCertificateholder. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, hereunder and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder Certificateholder to the Trustee. The Trustee may require a Unit Holder Certificateholder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositorinterchange. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 1 contract

Samples: Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 134)

Transfer or Interchange of Certificates. A Certificate (and the Units it represents) may be transferred by the registered holder thereof by presentation and surrender of such Certificate at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder Certificateholder or his authorized attorney, whereupon a new registered Certificate or Certificates for the same number of Units of the Trust executed by the Trustee and the Depositor will be issued in exchange and substitution therefor. Certificates issued pursuant to this Indenture are interchangeable for one or more other Certificates in an equal aggregate number of Units of the Trust and all Certificates issued shall be issued in denominations of one unit or any integral multiple thereof or a fraction thereof as may be requested by the Unit Holder. If Units are uncertificated, Units may be transferred by the registered holder thereof by presentation of transfer instructions, at the corporate trust office of the Trustee properly endorsed or accompanied by a written instrument or instruments of transfer in form satisfactory to the Trustee and executed by the Unit Holder or his authorized attorney as the Trustee deems necessary to evidence the authority of the person making the transferCertificateholder. The Trustee may deem and treat the person in whose name any Certificate or Unit shall be registered upon the books of the Trustee as the owner of such Certificate or Unit for all purposes hereunder, hereunder and the Trustee shall not be affected by any notice to the contrary, nor be liable to any person or in any way for so deeming and treating the person in whose name any Certificate or Unit shall be so registered. A sum sufficient to pay any tax or other governmental charge that may be imposed in connection with any such transfer or interchange shall be paid by the Unit Holder Certificateholder to the Trustee. The Trustee may require a Unit Holder Certificateholder to pay $2.00 for each new Certificate issued on any such transfer or interchange or such other amount as may be specified by the Trustee and approved by the Depositorinterchange. All Certificates cancelled pursuant to this Indenture shall be disposed of by the Trustee without liability on its part.

Appears in 1 contract

Samples: Special Situations (Glickenhaus Special Situations Trust Series 1)

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