Deposited Units definition

Deposited Units means such of the units of preceding series of National Municipal Trust, if any, deposited in irrevocable trust and listed in the Schedule to the Reference Trust Agreement, as may from time to time continue to be held as a part of the Trust to which such Reference Trust Agreement relates.
Deposited Units means Units deposited, sold, assigned and transferred by Depositing Unitholders, including all right, title and interest in and to the Units;
Deposited Units means such units of a previous series of ▇▇▇▇ ▇▇▇▇▇▇ Select Equity Trust as are listed on a Schedule to the Reference Trust Agreement.

Examples of Deposited Units in a sentence

  • Upon receipt of such direction from the Depositor, upon which the Trustee shall rely, the Trustee shall proceed to sell or redeem the specified Deposited Units in accordance with such direction.

  • After the effective time of any such adjustment or increase, the Trustee shall also be entitled to charge an additional reasonable fee at a rate or amount to be determined by the Trustee and the Depositor based upon the face amount of Deposited Units in the Trust for the Trustee's services in such Deposited Units.

  • The Trustee shall not be liable or responsible in any way for depreciation or loss incurred by reason of any sale or redemption made pursuant to any such direction or by reason of the failure of the Depositor to give any such direction, and in the absence of such direction the Trustee shall have no duty to sell any Deposited Units under this Section 3.13.

  • Upon receipt of such direction from the Depositors, upon which the Trustee shall rely, the Trustee shall proceed to sell or redeem the specified Deposited Units in accordance with such direction.

  • At the Closing, Nashland shall also deposit with the Escrow Agent three original executed assignments of the Nashland Deposited Units in blank and HRE shall deposit with the Escrow Agent three original executed assignments of the HRE Deposited Units in blank.

  • At the time of any such adjustment or increase, the Trustee shall also be entitled to charge thereafter an additional reasonable fee at a rate or amount to be determined by the Trustee and the Depositors of the affected Trust based upon the face amount of Deposited Units in the Trust for the Trustee's services in maintaining such Deposited Units.

  • The Trustee shall not be liable or responsible in any way for depreciation or loss incurred by reason of any sale or redemption made pursuant to any such direction or by reason of the failure of the Depositors to give any such direction, and in the absence of such direction the Trustee shall have no duty to sell any Deposited Units under this Section 3.13.


More Definitions of Deposited Units

Deposited Units means such units of a previous series of Sears Equity Investment Trust as are listed on a Schedule to the Reference Trust Agreement.
Deposited Units shall have the meaning set forth in Section 14.05. "Designated Properties" shall have the meaning set forth in Section 3.06. "Environmental Requirements" shall mean all applicable statues, laws, ordinances, rules, and regulations of all Governmental Authorities relating to the environment or the impact of the environment on human health and safety. "Escrow Agent" shall have the meaning set forth in Section 3.02(a). "Escrow Fund" shall have the meaning set forth in Section 14.05. "Escrow Income" shall have the meaning set forth in Section 14.05. "Excepted Items" shall mean, with respect to each Center: (i) all items of personal property owned by the Managing Agent, Tenants, subtenants, independent contractors, business invitees, utilities or Adjoining Owners; (ii) all items of personal property not owned but leased by Transferor (it being understood that at the Closing such leases are to be assigned by Transferor pursuant to the terms of this Agreement); (iii) all cash on hand, checks, money orders, prepaid postage in postage meters and, subject to Article VI, accounts receivable and (iv) all software, operating manuals, marketing materials and other similar items proprietary to any Managing Agent (provided that Transferee shall be furnished with hard copies of all operating data contained therein). "Excluded Center" shall have the meaning set forth in Section 10.04. "Existing Debt" shall mean (i) the portion of the indebtedness of Transferor held by the State Street Bank and Trust Company, as trustee for the Telephone Real Estate Equity Trust evidenced or secured by the documents listed on Part A of Schedule 1 which is allocable to the Properties, which allocable portion on the Closing Date shall consist of approximately $112,878,000 (including principal and