Common use of Collect Income and Proceeds Clause in Contracts

Collect Income and Proceeds. Collect income payable to and distributions due to the Trust and sign on behalf of the Trust any declarations, affidavits, certificates of ownership and other documents required to collect income and principal payments, including but not limited to, tax reclamations, rebates and other withheld amounts and collect proceeds from Fund Property, which may mature, provided that whenever a Fund Property offers the Trustee the option of receiving dividends in shares or cash, the Trustee is authorized to select the shares option;

Collect Income and Proceeds. Collect income payable to and distributions due to the Trust and sign on behalf of the Trust any declarations, affidavits, certificates of ownership and other documents required to collect income and principal payments, including but not limited to, tax reclamations, rebates and other withheld amounts and collect proceeds from Fund Property, which may mature, provided that whenever a Fund Property offers the Trustee the option of receiving dividends in shares or cash, the Trustee is authorized to select the shares option;.

Collect Income and Proceeds. Collect income payable to and distributions due to the Trust and sign on behalf of the Trust any declarations, affidavits, certificates of ownership and other documents required to collect income and principal other payments, including but not limited to, tax reclamations, rebates and other withheld amounts and collect proceeds from in respect of Fund Property, which may Property that mature, provided that whenever an issuer of a Fund Property offers the Trustee the option of receiving dividends in shares or cash, the Trustee is authorized may elect to select the receive shares option;or cash as it determines in its sole discretion.