Common use of Income and Distributions Clause in Contracts

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.

Appears in 1 contract

Samples: Pledge Agreement (Chubb Corp)

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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. [_____]048503, A/C No. [________]021000018, Re: The Chubb Corporation) to the Purchase Contract Warrant Agent for distribution to distrixxxxxx xx the applicable Holders as provided in the Purchase Contracts Warrants or Purchase Contract Warrant Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Chubb Corp)

Income and Distributions. The Collateral Agent shall transfer all income and distributions received by the Securities Intermediary 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 to the Purchase Contract Agent (ABA No. [_________], A/C No. [_________], Re: The Chubb CorporationHartford Financial Services Group, Inc.) to the Purchase Contract Agent for distribution to the applicable Holders as provided in the Purchase Contracts or Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Hartford Financial Services Group Inc/De)

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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. [_____]000000000, A/C No. [________]252997, 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.

Appears in 1 contract

Samples: Pledge Agreement (Chubb Corp)

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