Income Distributions. All income distributions, including dividends, received by the Securities Intermediary on account of the Shares or Permitted Investments from time to time held in the Collateral Account shall be distributed to the Purchase Contract Agent for the benefit of the applicable Holders as provided in the Purchase Contracts.
Appears in 4 contracts
Samples: Pledge Agreement (Washington Mutual Inc), Pledge Agreement (Bank United Corp), Pledge Agreement (Bank United Corp)