Common use of Disposition of Income Clause in Contracts

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.

Appears in 3 contracts

Samples: Trust Agreement (Cabot Oil & Gas Corp), Trust Agreement (Cabot Oil & Gas Corp), Trust Agreement (Oreilly Automotive Inc)

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Disposition of Income. During the term of this Trust, all income received by the Trust, net of expenses charged to income expenses, taxes and taxesPayments, shall be accumulated and reinvested and added to principal and reinvestedwhenever convenient.

Appears in 1 contract

Samples: Retention Trust Agreement (RJR Nabisco Inc)

Disposition of Income. 6.1 During the term of this Trust, all of the income received by the Trust, net of expenses charged to income and taxes, shall be added to the principal of the Trust and reinvested.

Appears in 1 contract

Samples: Non Qualified Deferred Compensation Plan (Gentex Corp)

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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 accumulated and reinvested and added to principal and reinvestedprincipal.

Appears in 1 contract

Samples: Trust Agreement (Lockheed Martin Corp)

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