Common use of Principal Account Clause in Contracts

Principal Account. The Securities in the Trust and all cash, other than amounts credited to the Income Account, received by the Trustee in respect of the Securities in the Trust shall be credited to a separate account for the Trust to be known as the "Principal Account."

Appears in 4 contracts

Samples: Trust Indenture and Agreement (National Equity Trust Low Five Portfolio Series 31), Trust Indenture and Agreement (National Equity Tr Short Term Low 5 Cover Write Opt Tr Ser 1), Trust Indenture and Agreement (Morgan Stanley Dean Wit Sel Equity Tr 5 Industrial 2000-2)

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Principal Account. The Securities in the Trust and all cashmonies, including capital gains paid on the Fund Shares, other than amounts credited to the Income AccountAccount for the Trust, received by the Trustee in respect of the Securities in the Trust shall be credited to a separate account for the Trust to be known as the "Principal Account" for the Trust."

Appears in 4 contracts

Samples: Trust Indenture and Agreement (Government Securities Equity Trust Series 10), Trust Indenture and Agreement (Government Securities Equity Trust Series 11), Trust Indenture and Agreement (Government Securities Equity Trust Series 12)

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Principal Account. The Securities in the Trust and all cashmoneys, including all moneys paid pursuant to any Insurance contract representing principal of any Bond in the Trust, other than amounts credited to the Income AccountInterest Account for the Trust, received by the Trustee in respect of the Securities in the Trust shall be credited to a separate account for the Trust to be known as the "Principal Account" for the Trust."

Appears in 1 contract

Samples: Trust Indenture (National Municipal Trust Series 164)

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