Common use of Deposit of Additional Securities Clause in Contracts

Deposit of Additional Securities. (a) From time to time and in the discretion of the Depositor, the Depositor may make deposits of (i) Additional Securities duly endorsed in blank or accompanied by all necessary instruments of assignment and transfer in proper form (or contracts to purchase Additional Securities and cash or an irrevocable letter of credit in an amount necessary to consummate the purchase of any Additional Securities pursuant to such contracts ("Additional

Appears in 1 contract

Sources: Trust Indenture and Agreement (Quilts Equity Strategic Ten Series 1)

Deposit of Additional Securities. (a) From time to time and in the discretion of the Depositor, the Depositor may make deposits of (i) Additional Securities duly endorsed in blank or accompanied by all necessary instruments of assignment and transfer in proper form (or contracts to purchase Additional Securities and cash or an irrevocable letter of credit in an amount necessary to consummate the purchase of any Additional Securities pursuant to such contracts ("Additionalcontracts

Appears in 1 contract

Sources: Trust Indenture and Agreement (National Equity Tr Short Term Low 5 Cover Write Opt Tr Ser 1)