SPECIAL TERMS AND CONDITIONS OF TRUST FOR THE FIRST Sample Clauses

The 'Special Terms and Conditions of Trust for the First' clause defines unique provisions that apply specifically to the initial trust arrangement outlined in the agreement. These terms may address matters such as the initial funding of the trust, specific powers or restrictions granted to the trustee, or particular rights of the beneficiaries during the trust's early stages. By setting out these tailored rules, the clause ensures that the first trust operates according to the parties' intentions and addresses any unique circumstances or requirements present at the trust's inception, thereby providing clarity and reducing the risk of disputes.
SPECIAL TERMS AND CONDITIONS OF TRUST FOR THE FIRST. TRUST GNMA REINVESTMENT INCOME TRUST "GRIT", SERIES 102 The following special terms and conditions are hereby agreed to: (A) The Securities defined in Section 1.01(5) listed in Schedule A hereto have been deposited in trust under this Trust Agreement and shall include any securities deposited in the Fund pursuant to Section 2.01 hereof. (B) The number of Units in the Trust referred to in Section 2.03 is set forth under "Summary of Essential Information - Initial Number of Units" in the Prospectus. (C) For the Trust the First General Record Date shall be set forth under "Summary of Essential Information" in the Prospectus. (D) For the Trust the First Settlement Date shall be set forth under "Summary of Essential Information - First Settlement Date" in the Prospectus. (E) For the Trust the Record Dates and the Distribution Dates shall be set forth under "Summary of Essential Information" in the Prospectus. (F) First Trust Advisors L.P.'s compensation as referred to in Section 4.03 of the Standard Terms and Conditions of Trust and FTP Services LLC's compensation as referred to in Section 3.17 of the Standard Terms and Conditions of Trust shall collectively be an annual fee in the amount of $0.60 per 100 Units. A. Notwithstanding any provision to the contrary in the Standard Terms and Conditions of Trust, the Trustee may deem and treat the FTPS Unit Servicing Agent as the sole Unit holder of FTPS Units for all purposes of the Indenture and shall not be affected by any notice to the contrary. Section 1.01 of the Standard Terms and Conditions of Trust shall be amended to include the following: Section 1.01 (18). "FTPS Unit" shall mean Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for FTP Services LLC is acting as FTPS Unit Servicing Agent."
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SPECIAL TERMS AND CONDITIONS OF TRUST FOR THE FIRST. TRUST GNMA REINVESTMENT INCOME TRUST SERIES 74 ("SERIES 74") The following special terms and conditions are hereby agreed to:
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SPECIAL TERMS AND CONDITIONS OF TRUST FOR THE FIRST. TRUST GNMA, SERIES 85 ("SERIES 85") The following special terms and conditions are hereby agreed to: (A) The Securities defined in Section 1.01(5) listed in Schedule A hereto have been deposited in trust under this Trust Agreement and shall include any securities deposited in the Fund pursuant to Section 2.01 hereof. (B) The number of Units in the Trust referred to in Section 2.03 is set forth under "Summary of Essential Information - Initial Number of Units" in the Prospectus. (C) For the Trust the First General Record Date shall be set forth under "Summary of Essential Information" in the Prospectus. (D) For the Trust the First Settlement Date shall be set forth under "Summary of Essential Information - First Settlement Date" in the Prospectus. (E) For the Trust the Record Dates and the Distribution Dates shall be set forth under "Summary of Essential Information" in the Prospectus. (F) First Trust Advisors L.P.'s compensation as referred to in Section 3.14 of the Standard Terms and Conditions of Trust shall be an annual fee in the amount of $0.48 per 100 Units. (G) The first sentence of Section 4.03. shall be amended to read as follows: "As compensation for providing evaluation services under this Indenture, the Evaluator shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the amount of $0.30 per 100 Units, calculated based on the largest number of Units outstanding during the calendar year except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which the Evaluator provides services during less than the whole of such year), plus for each issue of underlying Securities in excess of 50 issues (treating separate maturities as separate issues), the Evaluator shall receive an additional $0.25 per evaluation per issue. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase, after the date hereof, in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent o...
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SPECIAL TERMS AND CONDITIONS OF TRUST FOR THE FIRST. TRUST GNMA, SERIES 76 ("SERIES 76") The following special terms and conditions are hereby agreed to: (A) The Securities defined in Section 1.01(5) listed in Schedule A hereto have been deposited in trust under this Trust Agreement and shall include any securities deposited in the Fund pursuant to Section 2.01 hereof. (B) The number of Units in the Trust referred to in Section 2.03 is set forth under "Summary of Essential Information" in the Prospectus. (C) For the Trust the First General Record Date shall be set forth under "Summary of Essential Information " of the Prospectus. (D) For the Trust the First Settlement Date shall be set forth under "Summary of Essential Information " in the Prospectus. (E) For the Trust the Record Dates and the Distribution Dates shall be set forth under "Summary of Essential Information" in the Prospectus. (A) Unless the context otherwise requires, any reference in the Standard Terms and Conditions of Trust to "per 1,000 Units" shall be amended to read "per 100 Units," and any reference to "$1 per Unit" shall be amended to read "$10 per Unit." (B) Section 1.01(2) of the Standard Terms and Conditions of Trust shall be amended to read as follows:
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Related to SPECIAL TERMS AND CONDITIONS OF TRUST FOR THE FIRST

  • SPECIAL TERMS AND CONDITIONS OF TRUST The following special terms and conditions are hereby agreed to: 1. The Bonds listed in the Schedule hereto have been deposited in trust under this Trust Agreement. 2. The fractional undivided interest in and ownership of a Trust represented by each Unit thereof is a fractional amount, the numerator of which is one and the denominator of which is the amount set forth under "Summary of Essential Financial Information--General Information--Number of Units" in the Prospectus Part I for such Trust. 3. The aggregate number of Units described in Section 2.03(a) for a Trust is that number of Units set forth under "Summary of Essential Financial Information--General Information--Number of Units" in the Prospectus Part I for such Trust.

  • STANDARD TERMS AND CONDITIONS OF TRUST Subject to the provisions of Part II hereof, all the provisions contained in the Standard Terms and Conditions of Trust are herein incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully and to the same extent as though said provisions had been set forth in full in this instrument.

  • of the Standard Terms and Conditions of Trust The Portfolio Supervisor may employ one or more sub- Portfolio Supervisors to assist in performing the services set forth in this Section 4.05 and shall not be answerable for the default of any such sub-Portfolio Supervisors if such sub-Portfolio Supervisors shall have been selected with reasonable care, provided, however, that the Portfolio Supervisor will indemnify and hold the Trust harmless from and against any loss occurring as a result of a sub- Portfolio Supervisor's willful misfeasance, reckless disregard, bad faith, or gross negligence in performing supervisory duties. The fees and expenses charged by such sub-Portfolio Supervisors shall be paid by the Portfolio Supervisor out of proceeds received by the Portfolio Supervisor in accordance with Section 4.03 hereof."

  • General Terms and Conditions of the Notes Section 201.

  • Miscellaneous Terms and Conditions 11.1 Nothing contained in this Amendment shall be deemed: (a) to obligate Verizon to offer or provide unbundled access to any UNE (whether as a stand-alone UNE, as part of a combination, or otherwise) that was not already available to Customer under the Agreements prior to this Amendment, (b) to obligate Verizon to offer or provide unbundled access at rates prescribed under Section 251(c)(3) of the Act to any facility that is or becomes a Discontinued UNE, whether as a stand-alone UNE, as part of a combination, or otherwise or (c) to limit any right of Verizon under the Agreement (independent of this Amendment), any Verizon tariff or SGAT, or otherwise, to cease providing a Discontinued UNE, whether as a stand-alone facility, as part of a combination, or otherwise. 11.2 Notwithstanding any other provision of the Agreement, and without limiting any existing rights Verizon may have to cease providing UNEs that are discontinued under Applicable Law, in the event that the FCC determines or has determined (whether by forbearance of existing rules, a rule change or otherwise) that Verizon is not required to provide any UNEs contained in the Amended Agreements beyond the UNEs specifically addressed in this Amendment, then Verizon (to the extent it has not already done so prior to execution of this Amendment) may implement such discontinuation by notifying Customer and/or by publishing notice of such discontinuation on Verizon’s wholesale website, and no amendment to the Amended Agreement shall be required for such purposes. Any such notice that Verizon issues (or has issued) shall address, among other things, the date on which new orders are disallowed and any transition period that is required for the embedded base (which shall be at least 90 (ninety) days unless the FCC requires a longer transition period for the embedded base). After the end of any such transition period, Customer’s embedded base of the subject UNE will be treated as a Discontinued UNE under Section 10 above.