Common use of Income on Current Collections Clause in Contracts

Income on Current Collections. As of the end of each accounting period ofthe Trust, the undistributed income of the Trust shall, for purposes of all subsequent accounting periods, be treated as Trust principal.

Appears in 3 contracts

Samples: Customer Credit Trust Agreement, Trust Agreement, Customer Credit Trust Agreement

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Income on Current Collections. As of the end of each accounting period ofthe of the Trust, the undistributed income of the Trust shall, for purposes of all subsequent accounting periods, be treated as Trust principal.

Appears in 3 contracts

Samples: Customer Credit Trust Agreement, Customer Credit Trust Agreement, Customer Credit Trust Agreement

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