Payment of Income. Until such time that Custodian shall receive a Notice of Default from Buyer pursuant to Paragraph 8, Custodian shall credit to Seller’s Account Income received by Custodian. After receipt of such Notice of Default from Buyer, Custodian shall credit to Buyer’s Account Income received by Custodian.
Appears in 3 contracts
Samples: Custodial Undertaking (Tiaa-Cref Funds), Custodial Agreement (Vanguard CMT Funds), Custodial Agreement (Vanguard CMT Funds)
Payment of Income. Until such time that Custodian shall receive a Notice of Default from Buyer pursuant to Paragraph 8, Custodian shall credit to Seller’s 's Account Income received by Custodian. After receipt of such Notice of Default from Buyer, Custodian shall credit to Buyer’s 's Account Income received by Custodian.
Appears in 2 contracts
Samples: Custodial Undertaking (College Retirement Equities Fund), Custodial Undertaking in Connection With Master Repurchase Agreement (Vanguard CMT Funds)
Payment of Income. Until such time that Custodian shall receive a Notice of Default from Buyer pursuant to Paragraph 8, Custodian shall credit to Seller’s 's Account Income received by Custodian. After receipt of such Notice of Default from Buyer, Custodian shall credit to Buyer’s Xxxxx's Account Income received by Custodian.
Appears in 1 contract
Samples: Master Repurchase Agreement
