Common use of Interest on Notes Clause in Contracts

Interest on Notes. (a) The Collateral Agent shall transfer all interest received from time to time by the Collateral Agent on account of the Pledged Notes to the Paying Agent. (b) The Custodial Agent shall transfer all interest received from time to time by the Custodial Agent on account of the Custody Notes to the Paying Agent.

Appears in 14 contracts

Samples: Collateral Agreement, Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Wachovia Corp New)

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Interest on Notes. (a) The Collateral Agent shall transfer all interest received from time to time by the Collateral Agent on account of the Pledged Notes to the Paying Agent.. Amended and Restated Collateral Agreement (b) The Custodial Agent shall transfer all interest received from time to time by the Custodial Agent on account of the Custody Notes to the Paying Agent.

Appears in 1 contract

Samples: Collateral Agreement (Us Bancorp \De\)

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