Interest and Dividends. 16. The following Client accounts, together with such others that may be required, will be maintained by JOHP.
Interest and Dividends. Until such time as the Securities Intermediary receives a notice of sole control delivered by the Collateral Agent in accordance with Section 2(b) above, the Loan Party may direct the Securities Intermediary with respect to the retention and/or distribution of interest, redemptions, distributions, dividends and other payments on Pledged Interests deposited in or credited to the Account.
Interest and Dividends. All interest earned and dividends paid on funds invested in U.S. Government Securities shall be deposited in the Escrow Account as additional Collateral for the exclusive benefit of the Beneficiaries and, if not required to be disbursed in accordance with the terms hereof, shall be reinvested in accordance with the terms hereof at the Company's written instruction.
Interest and Dividends. All interest earned and dividends ---------------------- paid on the Pledged Securities or any funds invested in U.S. Government Securities shall be deposited in the Escrow Account as additional Collateral and, if not required to be disbursed in accordance with the terms hereof, subject to subsections 6(b)(iii), 6(e) and 6(f), shall be reinvested in accordance with the terms hereof at the Company's written instruction unless a Default or Event of Default has occurred or Trustee has notified Escrow Agent that it should only take direction from Trustee or should no longer take direction from the Company.
Interest and Dividends. All interest earned and dividends paid on funds invested in Eligible Cash Equivalents shall be deposited in the Leasing Company Escrow Account as additional Collateral beneficially owned by the Leasing Company and pledged to the Senior Note Trustee, acting for its benefit and the equal and ratable benefit of the Holders of the Senior Notes, and to the Convertible Note Trustee, acting for its benefit and the equal and ratable benefit of the Holders of the Convertible Notes, and shall be reinvested in accordance with the terms hereof.
Interest and Dividends. All interest earned and dividends paid on funds invested in Government Securities shall be deposited in the Pledge Account as additional Collateral for the exclusive benefit of the Beneficiaries and, if not required to be disbursed in accordance with the terms hereof, shall be reinvested in accordance with the terms hereof at the Company's written instruction, and shall be available for disbursement to the Company upon satisfaction of the conditions set forth in Section 3.3.
Interest and Dividends. The Licensee shall be entitled to receive all interest and dividends from the collateral deposit items.
Interest and Dividends. All interest earned and dividends paid on funds invested in cash or Marketable Securities shall be deposited in the Securities Account as additional Collateral for the exclusive benefit of the Holders of the Notes and shall be reinvested in accordance with the terms hereof at the Company's direction, unless a Default or Event of Default or an event that with the lapse of time or the giving of a notice or both, would constitute an Event of Default has occurred and the Required Holders have notified the Depositary in writing that it should only take direction from the Required Holders or should no longer take further written direction from the Company.
Interest and Dividends. The Bank shall claim all amounts in respect of interest or dividends pertaining to the Customer’s Assets held in custody which are known to the Bank to be payable. Such amounts shall be paid to the Customer or held in a Customer money bank account as and when they are actually received by the Bank, but the Bank shall not be responsible for claiming any other distribution or entitlement or benefit the Customer may have on the Customer’s behalf, or for taking up or exercising any conversion rights, subscription rights or other rights of any nature, dealing with take-over or other offers or capital re- organisations. The Bank may execute in the Customer’s name whenever the Bank deems it appropriate such documents and other certificates as may be required to obtain the payment of income from the Customer’s Assets or the sale thereof.
Interest and Dividends. All interest earned and dividends paid on funds invested in such Marketable Securities shall be deposited in the Interest Escrow Account for the exclusive benefit of the Trustee for the ratable benefit of the holders of the Notes and shall be reinvested in accordance with the terms hereof at the Company's written instruction and subject to disbursement as provided herein.
