Common use of Trust Fund Evaluation Clause in Contracts

Trust Fund Evaluation. As of the Evaluation Time next following any tender by a Unitholder for redemption and on any other business day desired by it or as may be required hereunder, the Trustee shall as to each Trust Fund: Add (1) cash on hand in the Trust Fund (other than cash held especially for the purchase of Contract Securities) and moneys in the process of being collected from declared dividends, (2) the aggregate value of each issue of the Securities in the Trust Fund (including Contract Securities) as determined by the Evaluator pursuant to Section 4.01, and (3) all other assets of the Trust; (1) amounts representing any applicable taxes, governmental charges or other charges pursuant to Section 3.03 payable out of the Trust Fund and for which no deductions shall have previously been made for the purpose of addition to the Reserve Account, (2) amounts representing estimated accrued fees and expenses of the Trust Fund including but not limited to unpaid fees and expenses of the Trustee (including legal and auditing expenses), the Evaluator, the Depositor and counsel, and (3) amounts representing unpaid accrued organization costs, and (4) cash allocated for distribution to Unitholders of the Trust Fund of record as of the business day prior to the evaluation then being made.

Trust Fund Evaluation. As of the Evaluation Time next following any tender by a Unitholder for redemption and on any other business day desired by it or as may be required hereunder, the Trustee shall as to each Trust Fund: Add (1) cash on hand in the Trust Fund (other than cash held especially for the purchase of Contract Securities) and moneys in the process of being collected from declared dividends, (2) the aggregate value of each issue of the Securities in the Trust Fund (including Contract Securities) as determined by the Evaluator pursuant to Section 4.01, and (3) all other assets of the Trust; (1) amounts representing any applicable taxes, governmental charges or other charges pursuant to Section 3.03 payable out of the Trust Fund and for which no deductions shall have previously been made for the purpose of addition to the Reserve Account, (2) amounts representing estimated accrued fees and expenses of the Trust Fund including but not limited to unpaid fees and expenses of the Trustee (including legal and auditing expenses), the Evaluator, the Depositor and counsel, and (3) amounts representing unpaid accrued organization organizational and offering costs, and (4) cash allocated for distribution to Unitholders of the Trust Fund of record as of the business day prior to the evaluation then being made.

Trust Fund Evaluation. As of the Evaluation Time next following any tender by a Unitholder for redemption and on any other business day desired by it or as may be required hereunder, the Trustee shall as to each Trust Fund: Add (1) cash on hand in the a Trust Fund (other than cash held especially for the purchase of Contract Securities) and moneys in the process of being collected from declared dividends, (2) the aggregate value of each issue of the Securities in the a Trust Fund (including Contract Securities) as determined by the Evaluator pursuant to Section 4.01, and (3) all other assets of the a Trust; (1) amounts representing any applicable taxes, governmental charges or other charges pursuant to Section 3.03 payable out of the a Trust Fund and for which no deductions shall have previously been made for the purpose of addition to the Reserve Account, (2) amounts representing estimated accrued fees and expenses of the a Trust Fund including but not limited to unpaid fees and expenses of the Trustee (including legal and auditing expenses), the Evaluator, the Depositor and counsel, and (3) amounts representing unpaid accrued organization costs, and (4) cash allocated for distribution to Unitholders of the a Trust Fund of record as of the business day prior to the evaluation then being made.