Common use of Income on Collateral Clause in Contracts

Income on Collateral. All dividends, interest, principal and premium (if any), whether in the form of cash or other property relating to any of the Collateral shall be pledged, assigned and otherwise subject to the security interest hereunder as provided for in Article II and delivered as provided in Section 5.4 by Pledgor and shall be held as Collateral hereunder, unless and until released in accordance with Article V hereof.

Income on Collateral. All dividends, interestinterest and, if any, principal and premium (if any), whether in the form of cash or other property relating to any all of the Collateral shall be pledged, assigned and otherwise subject to the security interest hereunder as provided for in Article II Section 2 and delivered as provided in Section 5.4 by Pledgor and shall be held as Collateral hereunder, unless and until released in accordance with Article V hereof.