Income and Distributions. The Collateral Agent shall transfer all income and distributions received by the Collateral Agent on account of the Pledged Senior Notes, the Pledged Applicable Ownership Interests or Permitted Investments from time to time held in the Collateral Account (ABA No. 000000000, Re: PNM Resources, Inc.) to the Purchase Contract Agent for distribution to the applicable Holders as provided in the Purchase Contracts or Purchase Contract Agreement.
Income and Distributions. 8 SECTION 3.02. Principal Payments Following Termination Event............... 8 SECTION 3.03. Principal Payments Prior to or on Purchase Contract Settlement Date ................................................... 9 SECTION 3.04. Payments to Purchase Contract Agent.......................... 9 SECTION 3.05. Assets Not Properly Released................................. 10
Income and Distributions. The Collateral Agent shall transfer to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement all income and distributions received by the Collateral Agent on account of (i) the Pledged Series A Trust Preferred Securities or Permitted Investments from time to time held in the Series A Collateral Account and (ii) the Pledged Series B Trust Preferred Securities or Permitted Investments from time to time held in the Series B Collateral Account.
Income and Distributions. The Collateral Agent shall transfer all income and distributions received by the Collateral Agent on account of the Pledged Trust Preferred Securities or Permitted Investments from time to time held in the Collateral Account (ABA No. 000-000-000, A/C No. 212937, Re: Xxxxxx Brothers MCAPS Collateral Account Trust VIII) to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement.
Income and Distributions. 7 Section 3.02. Payments Following Termination Event........................................... 7 Section 3.03. Payments Prior to or on Stock Purchase Date.................................... 7 Section 3.04. Payments to Stock Purchase Contract Agent...................................... 9 Section 3.05. Assets Not Properly Released................................................... 10
Income and Distributions. The Collateral Agent shall transfer all income and distributions received by the Securities Intermediary on account of the Pledged Senior Notes, the Pledged Applicable Ownership Interests or Permitted Investments from time to time held in the Collateral Account (ABA No. [_____], A/C No. [________], Re: The Chubb Corporation) to the Purchase Contract Agent for distribution to the applicable Holders as provided in the Purchase Contracts or Purchase Contract Agreement.
Income and Distributions. 7 Section 3.02. Principal Payments Following Termination Event.................
Income and Distributions. 6 Section 3.02. Payments Following Termination Event.......................6 Section 3.03. Payments Prior to or on Purchase Contract Settlement Date..6 Section 3.04.
Income and Distributions. The Collateral Agent shall transfer all income and distributions received by the Collateral Agent on account of the Pledged Convertible Preferred Shares and any Excess Proceeds, or Permitted Investments from time to time held in the Collateral Account (ABA No. 00000000, A/C No. 507943635, Re: Scottish Re Group Limited) to the Purchase Contract Agent for distribution to the applicable Holders as provided in the Purchase Contracts or Purchase Contract Agreement.
Income and Distributions. Until the Termination Date, the Trustee shall hold all Gross Income from the Trust for the benefit of the Beneficiary, provided however, the Beneficiary hereby directs the Trustee to make distributions as follows:
