Common use of Distribution of Income Clause in Contracts

Distribution of Income. The Trustee shall hold, manage, invest and reinvest the Trust Estate and shall collect the income therefrom in accordance with the terms of this Declaration. The Trustee shall not distribute any of the income or proceeds of the Trust Estate to the Beneficiary other than as provided in Section 2 of this Article I hereof. The Additional Properties Trustee shall hold, manage, invest and reinvest the Additional Properties Trust Estate, and shall collect the income therefrom in accordance with the terms of this Declaration. The Additional Properties Trustee shall not distribute any of the income or proceeds of the Additional Properties Trust Estate to the Beneficiary other than as provided in Section 2 of this Article I hereof.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Inland Western Retail Real Estate Trust Inc), Contribution Agreement (Inland Western Retail Real Estate Trust Inc), Contribution Agreement (Inland Western Retail Real Estate Trust Inc)

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