Dividends Received in Trust. All dividends and distributions which are received by Pledgor contrary to the provisions of Section 3.2 above shall be received in trust for the benefit of the Trustee, shall be segregated from other funds of Pledgor and shall be forthwith paid over to the Trustee as Collateral in the same form as so received (with any necessary endorsement).
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Samples: Pledge Agreement (Decora Industries Inc), Pledge Agreement (Decora Industries Inc)
Dividends Received in Trust. All dividends Dividends and distributions which are received by Pledgor contrary to the provisions of Section 3.2 above shall be received in trust for the benefit of the Trustee, shall be segregated from other funds of Pledgor and shall be forthwith paid over to the Trustee as Collateral in the same form as so received (with any necessary endorsement).
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Dividends Received in Trust. All dividends Dividends and distributions which are received by Pledgor contrary to the provisions of Section 3.2 above shall be received in trust for the benefit of the Trustee, shall be segregated from other funds of Pledgor and shall be forthwith paid over to the Trustee as Collateral in the same form as so received (with any necessary endorsement). 3.5.
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