Payment of Dividends and Interest. Any assets which pay dividends or interest will declare a record date to establish entitlement for such payment. Syfe shall claim all amounts in respect of interest or dividends pertaining to your Authorised Investments held in custody which are known to Syfe to be payable. Such amounts shall be paid to you or held in a segregated trust account with Syfe as and when they are actually received, but neither Syfe nor its Delegate shall be responsible for claiming any other distribution or entitlement or benefit you may have on your behalf, or for taking up or exercising any conversion rights, subscription rights or other rights of any nature, dealing with takeover or other offers or capital reorganisations. Syfe and/or its Delegate may execute in your name whenever it deems it appropriate such documents and other certificates as may be required to obtain the payment of income from your Authorised Investments or the sale thereof.
Payment of Dividends and Interest. Any dividends, interest or other moneys or property hereby charged which may be received by the Shareholder after the power of sale under clause 7.1 has arisen shall be held in trust for the Pledgee and paid or delivered to the Pledgee on demand in writing for application in accordance with clause 5.2.
Payment of Dividends and Interest. We will Transfer to you, on the first Business Day after receipt of any Dividend or the Business Day on which any applicable Interest becomes payable, any Equivalent Dividends or Interest, provided that we reasonably consider that to do so would not require a Margin Delivery Amount to be transferred if that Business Day were a Valuation Date.
Payment of Dividends and Interest. Any dividends, interest or other moneys or property hereby charged which may be received by the Shareholder after the power of sale under clause 7.1 (Enforcement) has arisen shall be held in trust for the Security Agent and paid or delivered to the Security Agent on demand in writing for application in accordance with clause 5.2 (Dividend rights).
Payment of Dividends and Interest. We will Transfer to you, on the first (1) Business Day after receipt of any Dividend or the Business Day on which any applicable Interest becomes payable, any Equivalent Dividends or Interest, provided that we reasonably consider that to do so would not require a Margin Delivery Amount to be transferred if that Business Day were a Valuation Date. SUBSTITUTIONS Substitution: You may, with our prior written consent, Transfer new Acceptable Margin to us in substitution for the Transferred Margin having the same nominal value and of the same amount as determined by us, as such new Acceptable Margin, whereupon we will Transfer to you Equivalent Margin in respect of the Transferred Margin being substituted.
