Uncertificated Units. All Units shall be held in uncertificated form, unless and as the Trustee may deem it appropriate to issue certificates or if so directed by the Depositor. The Trustee may deem and treat the person in whose name any Unit is registered upon the books of the Trustee as the owner thereof for all purposes and the Trustee shall not be affected by any notice to the contrary.
Appears in 4 contracts
Samples: Indenture and Agreement (National Equity Tr Short Term Low 5 Cover Write Opt Tr Ser 1), Distribution Agency Agreement (National Equity Trust Otc Growth Trust Series 5), Trust Indenture and Agreement (National Equity Trust Low Five Portfolio Series 31)
Uncertificated Units. All Units shall may be held in uncertificated form, unless and as the Trustee may deem it appropriate to issue certificates or provided that the Trustee shall issue Certificates if so directed by the Depositor. The Trustee may deem and treat the person in whose name any Unit is registered upon the books of the Trustee as the owner thereof for all purposes and the Trustee shall not be affected by any notice to the contrary.
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)
Uncertificated Units. All Units shall be held in uncertificated form, unless and as the Trustee may deem it appropriate to issue certificates or if so directed by the Depositorcertificates. The Trustee may deem and treat the person in whose name any Unit is registered upon the books of the Trustee as the owner thereof for all purposes and the Trustee shall not be affected by any notice to the contrary.
Appears in 1 contract
Samples: Distribution Agency Agreement (National Equity Trust Forbes Semiconductor Index Trust)
