Common use of Delivery of Trust Distributions Clause in Contracts

Delivery of Trust Distributions. All distributions under this Trust Agreement to any Beneficiary shall be made at the address of such Beneficiary as set forth in the register or at such other address as such Beneficiary shall have specified for payment purposes in a written notice to the Trustees at least fifteen (15) days prior to such distribution date. In the event that any distribution to any holder is returned as undeliverable, the Trustees shall use reasonable efforts to determine the current address of such holder, but no distribution to such holder shall be made unless and until the Trustees have determined the then current address of such holder, at which time such distribution shall be made to such holder without interest; provided, however, that such undeliverable or unclaimed distributions shall be deemed unclaimed property at the expiration of one year from the date of distribution. The Trustee shall reallocate all undeliverable and unclaimed distributions for the benefit of all other Beneficiaries.

Delivery of Trust Distributions. All distributions under this Trust Agreement to any Beneficiary holder of Preferred Equity Trust Interests shall be made at the address of such Beneficiary holder as set forth in the register or at such other address as such Beneficiary holder of Preferred Equity Trust Interests shall have specified for payment purposes in a written notice to the Trustees Trustee at least fifteen twenty (1520) days prior to such distribution date. In the event that any distribution to any holder is returned as undeliverable, the Trustees Trustee shall use reasonable efforts to determine the current address of such holder, but no distribution to such holder shall be made unless and until the Trustees have Trustee has determined the then current address of such holder, at which time such distribution shall be made to such holder without interest; provided, however, that such undeliverable or unclaimed distributions shall be deemed unclaimed property at the expiration of one year from the date of distribution. The Trustee shall reallocate all undeliverable and unclaimed distributions for the benefit of all other Beneficiaries.

Delivery of Trust Distributions. All distributions under this Trust Agreement to any Beneficiary holder of Common Equity Trust Interests shall be made at the address of such Beneficiary holder as set forth in the register or at such other address as such Beneficiary holder of Common Equity Trust Interests shall have specified for payment purposes in a written notice to the Trustees Trustee at least fifteen (15) days prior to such distribution date. In the event that any distribution to any holder is returned as undeliverable, the Trustees Trustee shall use reasonable efforts to determine the current address of such holder, but no distribution to such holder shall be made unless and until the Trustees have Trustee has determined the then current address of such holder, at which time such distribution shall be made to such holder without interest; provided, however, that such undeliverable or unclaimed distributions shall be deemed unclaimed property at the expiration of one year from the date of distribution. The Trustee shall reallocate all undeliverable and unclaimed distributions for the benefit of all other Beneficiaries.