Common use of Interest on Trust Accounts Clause in Contracts

Interest on Trust Accounts. Any trust account Broker maintains under this agreement may be an interest-bearing or income producing account. Broker may retain any interest or income from such account as compensation under this agreement. Broker will remove any interest or income payable under this Paragraph 11 D from the trust account not later than the 30th day after the interest or income is paid.

Appears in 3 contracts

Samples: mccawpropertymanagement.com, mccawpropertymanagement.com, mccawpropertymanagement.com

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Interest on Trust Accounts. Any trust account Broker maintains under this agreement may be an interest-bearing interest­bearing or income producing account. Broker may retain any interest or income from such account as compensation under this agreement. Broker will remove any interest or income payable under this Paragraph 11 D 12E from the trust account not later than the 30th day after the interest or income is paid.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

Interest on Trust Accounts. Any trust account Broker maintains under this agreement may be an interest-bearing or income producing account. Broker may retain any interest or income from such account as compensation under this agreement. Broker will remove any interest or income payable under this Paragraph 11 D 12F from the trust account not later than the 30th day after the interest or income is paid.

Appears in 1 contract

Samples: Property Management Agreement

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Interest on Trust Accounts. Any trust account Broker maintains under this agreement may be an interest-bearing or income producing account. Broker may retain any interest or income from such account as compensation under this agreement. Broker will remove any interest or income payable under this Paragraph 11 D 11G from the trust account not later than the 30th day after the interest or income is paid.

Appears in 1 contract

Samples: Management Agreement

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