Accumulation of Income Sample Clauses

Accumulation of Income. Until the Termination Date, the Trustee shall accumulate the income from the Trust Fund and shall each month add such income to the capital of the Trust Fund to be dealt with as part of the capital.
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Accumulation of Income. 19.1 The Trustee may accumulate the amount (if any) by which the net income of a financial year calculated according to proper trust accounting principles exceeds the net income of that financial year as defined in clause 2.1.8 hereof.
Sample 1
Accumulation of Income. The Trustee may accumulate the residue of Income by investing the same for an Infant Beneficiary and the resulting Income shall be held or may be invested and Income from such investments absolutely held solely for that Infant Beneficiary.
Sample 1
Accumulation of Income. 9.1 All income received by the Trust, net of expenses and taxes, shall be accumulated and reinvested within the Trust.
Sample 1

Related to Accumulation of Income

  • Collection of Income The Custodian shall use reasonable commercial efforts to collect all income and other payments with respect to the Foreign Assets held hereunder to which the Portfolios shall be entitled and shall credit such income, as collected, to the applicable Portfolio. In the event that extraordinary measures are required to collect such income, the Fund and the Custodian shall consult as to such measures and as to the compensation and expenses of the Custodian relating to such measures.

  • TAXATION OF INCOME Article 6

  • Disposition of Income During the term of this Trust, all income received by the Trust, net of expenses and taxes, shall be accumulated and reinvested.

  • Collection of Income and Other Payments (A) collect and receive for the account of each Portfolio, all income, dividends, distributions, coupons, option premiums, other payments and similar items, included or to be included in the Property, and, in addition, promptly advise each Portfolio of such receipt and credit such income, as collected, to each Portfolio's custodian account;

  • Capitalization of Interest The Mortgage Note does not by its terms provide for the capitalization or forbearance of interest.

  • Sick Leave Accumulation Employees shall be credited with sick leave at the rate of 8 (eight) days per year. The maximum number of days that employees may accrue is as follows: 2020-2023 60 days Sick days are non-compensable at the time of termination of employment.

  • Accumulation of Sick Leave The unused portion of an Employee's sick leave shall accrue for her future benefit, up to a maximum of one hundred and thirty (130) days.

  • Carryover Notwithstanding any other provision of this Section 6, no adjustment shall be made to the number of shares of Common Stock to be delivered to the Warrantholder (or to the Exercise Price) if such adjustment represents less than 1% of the number of shares to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of shares to be so delivered.

  • Protection of Investments 1. All investments, whether direct or indirect, made by investors of one Contracting Party shall enjoy a fair and equitable treatment in the territory of the other Contracting Party.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

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