Common use of Payments under the Income Distribution Agreement Clause in Contracts

Payments under the Income Distribution Agreement. (a) On each Distribution Payment Date, in accordance with priority fifth of Section 5.2(a) and the terms of the Income Distribution Agreement, the Trustee shall cause the Up Trust to pay to the Down Trust the Up Income Distribution Payment, from amounts on deposit in the Distribution Account, if any such payment is owed by the Up Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(a) hereof. If the Up Trust has no Up Available Income on such Distribution Date, then the Up Trust shall not be required to make any payment under the Income Distribution Agreement on such Distribution Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.

Payments under the Income Distribution Agreement. (a) On each Distribution Payment Date, in accordance with priority fifth of Section 5.2(a) and the terms of the Income Distribution Agreement, the Trustee shall cause the Up Down Trust to pay to the Down Up Trust the Up Down Income Distribution Payment, from amounts on deposit in the Distribution Account, if any such payment is owed by the Up Down Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(a) hereof. If the Up Down Trust has no Up Down Available Income on such Distribution Date, then the Up Down Trust shall not be required to make any payment under the Income Distribution Agreement on such Distribution Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.

Payments under the Income Distribution Agreement. (a) On each Distribution Payment Date, in accordance with priority fifth of Section 5.2(a) and the terms of the Income Distribution Agreement, the Trustee shall cause the Up Trust to pay to the Down Trust the Up Income Distribution Payment, from amounts on deposit in the Distribution Account, if any such payment is owed by the Up Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(a4.2(a) hereof. If the Up Trust has had no Up Available Income on such Distribution Date, then the Up Trust shall not be required to make any payment under the Income Distribution Agreement on such the related Distribution Payment Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.

Payments under the Income Distribution Agreement. (a) On each Distribution Payment Date, in accordance with priority fifth of Section 5.2(a) and the terms of the Income Distribution Agreement, the Trustee shall cause the Up Trust to pay to the Down Trust the Up Income Distribution Payment, from amounts on deposit in the Distribution Account, if any such payment is owed by the Up Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(a) hereof. If the Up Trust has had no Up Available Income on such Distribution Date, then the Up Trust shall not be required to make any payment under the Income Distribution Agreement on such the related Distribution Payment Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.

Payments under the Income Distribution Agreement. (a) On each Distribution Payment Date, in accordance with priority fifth of Section 5.2(a) and the terms of the Income Distribution Agreement, the Trustee shall cause the Up Down Trust to pay to the Down Up Trust the Up Down Income Distribution Payment, from amounts on deposit in the Distribution Account, if any such payment is owed by the Up Down Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(a4.2(b) hereof. If the Up Down Trust has had no Up Down Available Income on such Distribution Date, then the Up Down Trust shall not be required to make any payment under the Income Distribution Agreement on such the related Distribution Payment Date or on any subsequent date and no interest shall accrue on any such unpaid amounts.