Income Distributions. 6 SECTION 3.2 Principal Payments Following Termination Event..........6 SECTION 3.3 Principal Payments Prior To or On Purchase Contract Settlement Date.........................................6 SECTION 3.4 Payments to Purchase Contract Agent.....................7 SECTION 3.5 Assets Not Properly Released............................7
Income Distributions. All income distributions received by the Securities Intermediary on account of the [Preferred Securities, the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) in the Treasury Portfolio,] the Notes or Permitted Investments from time to time held in the Collateral Account shall be distributed to the Purchase Contract Agent for the benefit of the applicable Holders as provided in the Purchase Contracts or the Purchase Contract Agreement.
Income Distributions. All income distributions received by the Securities Intermediary on account of Permitted Investments from time to time held in the Collateral Account shall be distributed to the Purchase Contract Agent for the benefit of the applicable Holders as provided in the Purchase Contracts.
Income Distributions. The Pledgor shall be entitled to receive all cash flows from the Collateral, including all interest, dividends, principal and other income distributions (other than liquidating dividends and distributions) from the Account in an aggregate amount not to exceed $2,500,000.00 from January 15, 2010 through and including February 15, 2011.”
Income Distributions. 5 3.2 Principal Payments Following Termination Event............................. 6 3.3 Principal Payments Prior To or On Purchase Contract Settlement Date........ 6 3.4
Income Distributions. All income distributions, including interest payments received by the Securities Intermediary or the Collateral Agent on account of the Pledged Senior Notes, the Pledged Treasury Portfolio Interest or Permitted Investments from time to time held in the Collateral Account, if any, shall be distributed to the Purchase Contract Agent for the benefit of the applicable Holders in whose names the Corporate PIES or Treasury PIES are registered at the close of business on the Record Date (as specified in the Purchase Contract Agreement) preceding the date of such distribution as provided in the Purchase Contract Agreement. Notwithstanding the foregoing, income distributions, including interest payments received by the Securities Intermediary or the Collateral Agent on account of the Treasury Portfolio Interest shall not exceed the Treasury Portfolio Return.
Income Distributions. All income distributions, including dividends, received by the Securities Intermediary on account of the Shares or Permitted Investments from time to time held in the Collateral Account shall be distributed to the Purchase Contract Agent for the benefit of the applicable Holders as provided in the Purchase Contracts.
Income Distributions. CIS Portfolios may earn interest and dividends from the underlying assets. This is declared as an income distribution if the interest and dividends exceed the CIS Portfolio’s total expenses. If the total expenses are more than the income earned, the CIS Portfolio will not make a distribution. The distribution can be monthly, quarterly, bi-annually or annually depending on the CIS Portfolio you have selected. Please refer to the relevant Portfolio Supplement(s) for any Portfolio specific information with regards to income distributions.
Income Distributions. . . 6 Section 3.2. Principal Payments Following Termination Event. . . . . . . . . . . . . . . . . . . . 6
Income Distributions. All income distributions received by the Securities Intermediary on account of the Preferred Securities, the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio, the [Subordinated] Notes or Permitted Investments from time to time held in the Collateral Account shall be distributed to the Purchase Contract Agent (ABA No. [ ], GLA No. [ ], A/C No. [ ], Re: Cinergy Corp.) for the benefit of the applicable Holders as provided in the Purchase Contracts or Purchase Contract Agreement.
