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.
Appears in 4 contracts
Samples: Pledge Agreement (Dominion Resources Inc /Va/), Pledge Agreement (Bank United Corp), Pledge Agreement (Washington Mutual Inc)
Income Distributions. All income distributions, including dividends, distributions 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.
Appears in 4 contracts
Samples: Pledge Agreement (New Nisource Inc), Pledge Agreement (Nisource Inc), Pledge Agreement (New Nisource Inc)
Income Distributions. All income distributions, including dividendsinterest, received by the Securities Intermediary on account of the Shares 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 Inc /Va/), Pledge Agreement (Dominion Resources Inc /Va/), Pledge Agreement (Dominion Resources Capital Trust Iv)
Income Distributions. All income distributions, including dividends, distributions received by the Securities Intermediary on account of the Shares 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)
