Common use of Trustee Not to Amortize Clause in Contracts

Trustee Not to Amortize. Nothing in this Indenture, or otherwise, shall be construed to require the Trustee to make any adjustments between the Interest and Principal Accounts of any Trust by reason of any premium or discount in respect of any of the Securities.

Appears in 2 contracts

Sources: Trust Indenture and Agreement (Nuveen Unit Trusts), Standard Terms and Conditions of Trust (Nuveen Unit Trusts Series 1)

Trustee Not to Amortize. Nothing in this Indenture, or otherwise, shall be construed to require the Trustee to make any adjustments between the Interest and Principal Accounts of any the Trust Fund by reason of any premium or discount in respect of any of the SecuritiesBonds.

Appears in 1 contract

Sources: Trust Indenture and Agreement (Voyageur Unit Investment Trust Series 1)