Trustee Not to Amortize. Nothing in this Indenture, or otherwise, shall be construed to require the Trustee to make any adjustments between the Interest Account and the Principal Account of the Trust by reason of any premium or discount in respect of any of the Securities except as required by any applicable law or accounting practice.
Appears in 4 contracts
Samples: Trust Indenture and Agreement (Government Securities Equity Trust Series 8), Trust Indenture and Agreement (Government Securities Equity Trust Series 11), Trust Indenture and Agreement (Government Securities Equity Trust Series 12)
Trustee Not to Amortize. Nothing in this Indenture, or otherwise, shall be construed to require the Trustee to make any adjustments between the Interest Account and the Principal Account of the Trust Accounts by reason of any premium or discount in respect of any of the Securities except as required by any applicable law or accounting practiceBonds.
Appears in 3 contracts
Samples: Trust Indenture (Glickenhaus Special Situations Trust Series 1), Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 134), Trust Indenture (Empire State Municipal Exempt Trust Guaranteed Series 182)
Trustee Not to Amortize. Nothing in this Indenture, or otherwise, shall be construed to require the Trustee to make any adjustments between the Interest Account and the Principal Account Accounts of the Trust by reason of any premium or discount in respect of any of the Securities except as required by any applicable law or accounting practiceBonds.
Appears in 1 contract
Samples: Trust Indenture (National Municipal Trust Series 164)
