Common use of Income and Distributions Clause in Contracts

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.

Appears in 1 contract

Samples: Collateral Agreement (Lehman Brothers Holdings Inc)

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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 Notes, the Pledged Applicable Ownership Interests or Permitted Investments from time to time held in the Collateral Account (ABA No. 000-000-000[o], A/C No. 212937[o], Re: Xxxxxx Brothers MCAPS Collateral Account Trust VIIIThe Phoenix Companies, Inc.) to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Phoenix Companies Inc/De)

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 STACKS or Permitted Investments from time to time held in the Collateral Account (ABA No. 000-000-000[ ], A/C No. 212937[ ], Re: Xxxxxxxx & Xxxxxx Brothers MCAPS Collateral Account Trust VIIICorporation) to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Marshall & Ilsley Corp/Wi/)

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 Notes 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[________], Attention: [___________]) to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Teekay Shipping Corp)

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 Subordinated Notes, the Pledged Applicable Ownership Interests 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 VIIIONEOK, Inc.) to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Oneok Inc /New/)

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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 AgreementAgreement all income and distributions received by the Collateral Agent on account of the Pledged Debentures or Permitted Investments from time to time held in the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (American International Group Inc)

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 Notes, the Pledged Applicable Ownership Interests 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________, Attention: ________) to the Stock Purchase Contract Agent for distribution to the applicable Holders as provided in the Stock Purchase Contracts or Stock Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Scottish Annuity & Life Holdings LTD)

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