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.
Appears in 4 contracts
Samples: Pledge Agreement (Nisource Inc), Pledge Agreement (New Nisource Inc), Pledge Agreement (New Nisource Inc)
Income Distributions. All income distributions distributions, including interest, received by the Securities Intermediary on account of the Senior 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.
Appears in 3 contracts
Samples: Pledge Agreement (Dominion Resources Capital Trust Iv), Pledge Agreement (Dominion Resources Inc /Va/), Pledge Agreement (Dominion Resources Inc /Va/)
Income Distributions. All income distributions received by the Securities Intermediary on account of the Senior Deferrable 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.
Appears in 2 contracts
Samples: Pledge Agreement (Georgia Pacific Corp), Pledge Agreement (Georgia Pacific Corp)
Income Distributions. All income distributions received by the Securities Intermediary on account of 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.
Appears in 1 contract
