Income of Assets Sample Clauses

Income of Assets. (a) Agent shall take all steps necessary to collect the dividends, interest and other income on the Assets and shall credit said income on payable date to the appropriate account designated by Owner from time to time in Clearinghouse or Available Funds as determined by the Assets. All income credited to Owner's account shall be promptly reinvested or distributed to Owner in accordance with Owner's Instructions given from time to time.
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Income of Assets. Agent will collect the income and after deducting any charges and expenses, remit the net income to the Customer or reinvest the income or transfer the net income to principal periodically in accordance with the Customer's instructions. 2 (a) Unless otherwise instructed in writing, Agent shall retain in the appropriate account of Customer any stock dividends, subscription rights and other non-cash distributions on the Assets, or the proceeds from the sale of any distributions.
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Income of Assets. (a) Bank shall take all steps necessary to collect the dividends, interest and other income on the Assets and shall credit said income on payable date to the appropriate account designated by Fund from time to time in Available Funds as determined by the Assets. All income credited to Fund's account shall be promptly reinvested or distributed to Fund in accordance with Fund's Instructions given from time to time.
Sample 1

Related to Income of Assets

  • Sales of Assets Neither the Borrower nor any of its Subsidiaries shall sell, assign, transfer, lease, convey or otherwise dispose of any property, whether now owned or hereafter acquired, or any income or profits therefrom, or enter into any agreement to do so, except:

  • Sales, Etc. of Assets Sell, lease, transfer or otherwise dispose of, or permit any of its Subsidiaries to sell, lease, transfer or otherwise dispose of, any assets, or grant any option or other right to purchase, lease or otherwise acquire any assets, except:

  • Contribution of Assets Subject to and upon the terms and conditions contained herein, on the Closing Date, Dentist shall convey, transfer, deliver and assign to Pentegra or any affiliate of Pentegra designated by Pentegra all of Dentist's right, title and interest in and to those certain assets described on EXHIBIT 1.1 attached hereto (individually, "Asset", and collectively "Assets"), free and clear of all obligations, security interests, claims, liens and encumbrances, except as specifically assumed, or taken subject to, by Pentegra pursuant to SECTION 1.3(b) hereof.

  • Sale of Assets The Company or the Bank sells to a third party all or substantially all of its assets.

  • VALUATION OF ASSETS (a) Except as may be required by the 1940 Act, the Board of Managers shall value or have valued any Securities or other assets and liabilities of the Fund as of the close of business on the last day of each Fiscal Period in accordance with such valuation procedures as shall be established from time to time by the Board of Managers and which conform to the requirements of the 1940 Act. In determining the value of the assets of the Fund, no value shall be placed on the goodwill or name of the Fund, or the office records, files, statistical data or any similar intangible assets of the Fund not normally reflected in the Fund's accounting records, but there shall be taken into consideration any items of income earned but not received, expenses incurred but not yet paid, liabilities, fixed or contingent, and any other prepaid expenses to the extent not otherwise reflected in the books of account, and the value of options or commitments to purchase or sell Securities or commodities pursuant to agreements entered into prior to such valuation date.

  • Acquisition of Assets In the event the Company or any Subsidiary acquires any assets or other properties, such assets or properties shall constitute a part of the Collateral (as defined in the Security Agreement) and the Company shall take all action necessary to perfect the Purchasers’ security interest in such assets or properties pursuant to the Security Agreement.

  • Disposal of Assets Other than Permitted Dispositions, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of the assets of any Borrower.

  • Distribution of Assets In case the Company shall declare or make any distribution of its assets (including cash) to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining shareholders entitled to such distribution, but prior to the date of distribution, the holder of this Warrant shall be entitled upon exercise of this Warrant for the purchase of any or all of the shares of Common Stock subject hereto, to receive the amount of such assets which would have been payable to the holder had such holder been the holder of such shares of Common Stock on the record date for the determination of shareholders entitled to such distribution.

  • No disposal of assets The Borrower will not transfer, lease or otherwise dispose of:

  • Purchases of Assets Fund will, on each business day on which a purchase of Assets shall be made by it, deliver to Custodian Instructions which shall specify with respect to each such purchase:

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