Dividends on Escrowed Securities. You may receive a dividend or other distribution on your Escrowed Securities, and elect the manner of payment from the standard options offered by the Issuer. If the Escrow Agent receives a dividend or other distribution on your Escrowed Securities, other than Additional Escrowed Securities, the Escrow Agent will pay the dividend or other distribution to you on receipt.
Appears in 6 contracts
Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement
Dividends on Escrowed Securities. β You may receive a dividend or other distribution on your Escrowed Securities, and elect the manner of payment from the standard options offered by the Issuer. If the Escrow Agent receives a dividend or other distribution on your Escrowed Securities, other than Additional Escrowed Securities, the Escrow Agent will pay the dividend or other distribution to you on receipt.receipt.β
Appears in 1 contract
Samples: Escrow Agreement
