Common use of The Income Account Clause in Contracts

The Income Account. All payments of interest and dividends actually received in respect of Assets in the Trust Account shall be deposited by the Trustee, subject to deduction of the Trustee's compensation and expenses as provided in Section 8 of the Agreement, in a separate account (the "Income Account") established and maintained by the Grantor at an office of the Trustee in New York City. The Grantor shall have the right to withdraw funds from the Income Account at any time.

The Income Account. All payments of interest and dividends actually received in respect of Assets in the Trust Account shall be deposited by the Trustee, subject to deduction of the Trustee's compensation and expenses as provided in Section 8 of the Agreement, in a separate account (the "Income Account") established and maintained by the Grantor at an office of the Trustee in New York Citythe United States. The Grantor shall have the right to withdraw funds from the Income Account at any time. The Grantor shall provide the Trustee with the appropriate wiring instructions for such withdrawals from the Income Account.

The Income Account. All payments of interest and dividends actually received in respect of Assets in the Trust Account shall be deposited by the Trustee, subject to deduction of the Trustee's ’s compensation and expenses as provided in Section 8 of the Agreement, in a separate account (the "‘‘Income Account"”) established and maintained by the Grantor at an office of the Trustee in New York CityTrustee. The Grantor shall have the right to withdraw funds from the Income Account at any time. For the avoidance of doubt, payments of principal received in respect of Assets in the Trust Account shall not be considered payments of interest or dividends.

The Income Account. All payments of interest and dividends actually received in respect of Assets in the Trust Account shall be deposited by the Trustee, subject to deduction of the Trustee's compensation and expenses as provided in Section 8 of the this Agreement, in a separate account (the "Income Account") established and maintained by the Grantor at an office of the Trustee in New York CityTrustee. The Grantor shall have the right to withdraw funds from the Income Account at any time.