Disposition of Income Sample Clauses

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.
AutoNDA by SimpleDocs
Disposition of Income. During the term of this Trust, all income received by the Trust, net of expenses, shall be accumulated and reinvested.
Disposition of Income. Except as otherwise specifically provided herein, during the term of this Trust, all income received by the Trust, net of expenses and taxes, shall be accumulated and reinvested.
Disposition of Income. (a) Prior to a Change in Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.
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. Section 7.
Disposition of Income. (a) Prior to a Change of Control, all income received by the Trust, net of expenses and taxes, may be returned to the Company or accumulated and reinvested within the Trust at the direction of the Company.
Disposition of Income. 7.1 Each Account shall reflect an undivided interest in the assets of the Trust and shall not require any segregation of particular assets. The Trustee shall allocate investment income and expenses generated from amounts attributable to the Accounts of Participants who have separated from service in proportion to their balances. The Trustee shall allocate investment income and expenses generated from amounts attributable to the Accounts of Participants who have not separated from service to a separate earnings account for the Company (the “Earnings Account”). During the term of the Trust, all income received by the Trust, net of taxes withheld, shall be accumulated and used to pay amounts due to Participants (except with amounts to be allocated to the Earnings Account, which shall be paid to the Company). Assets allocated to an Account under the Trust for one Agreement may not be used to provide benefits under any other Agreement.
AutoNDA by SimpleDocs
Disposition of Income. During the term of this Trust Agreement, all income received by the Trust, net of expenses and taxes, shall be accumulated and reinvested.
Disposition of Income. During the term of this Trust, all income (if any) received by the Trust, net of expenses and taxes, shall be accumulated and reinvested to the maximum extent practicable in Common Stock, except that cash dividends (if any) paid to the Trust with respect to Common Stock shall be paid to Company immediately upon receipt by Trustee.
Disposition of Income. During the term of this Trust, all income received by the Trust, net of expenses charged to income and taxes, shall be added to principal and reinvested.
Time is Money Join Law Insider Premium to draft better contracts faster.