Common use of Establishment of Reserve Account Clause in Contracts

Establishment of Reserve Account. From time to time the Trustee may withdraw from the Income or Capital Accounts of each Trust Fund such amounts as it, in its sole discretion, shall deem requisite to establish a reserve for any applicable taxes or other governmental charges that may be payable out of such Trust Fund or for indemnification or extraordinary expenses of the Depositor or Trustee pursuant to Section 7.02, 8.01 or 8.

Establishment of Reserve Account. From time to time the Trustee may withdraw from the Income Interest or Capital Principal Accounts of each Trust Fund such amounts as it, in its sole discretion, shall deem requisite to establish a reserve for any applicable taxes or other governmental charges that may be payable out of such Trust Fund or for indemnification or extraordinary expenses of the Depositor or Trustee pursuant to Section 7.02, 8.01 or 8.