Accounts and Distributions. For a given Series of Trust, the Depositor on behalf of the Trust shall establish such accounts with the Custodian as it deems necessary for the debit and credit of the Series of Trust’s assets, the distribution and/or reserve thereof, in kind or in cash to the related Unitholders, Trust Agents/Independent Contractors and other relevant parties. For a given Series of Trust, the Depositor on behalf of the Trust is authorized to borrow monies therefor.
Appears in 2 contracts
Sources: Master Trust Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Master Trust Agreement (Equinox Trust)