Creation and Development Fee. If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development
Appears in 14 contracts
Sources: Reference Trust Agreement (Claymore Securities Defined Portfolios Series 149), Reference Trust Agreement (Claymore Securities Defined Portfolios Series 146), Reference Trust Agreement (Claymore Securities Defined Portfolios Series 148)
Creation and Development Fee. If the Prospectus related to a the Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development
Appears in 1 contract
Sources: Reference Trust Agreement (Claymore Securities Defined Portfolios Series 131)