Common use of Principal Account Clause in Contracts

Principal Account. The Securities in the Trust and all monies, including capital gains paid on the Fund Shares, other than amounts credited to the Income Account for the Trust, received by the Trustee in respect of the Securities in the Trust shall be credited to a separate account for the Trust to be known as the "Principal Account" for the Trust.

Appears in 4 contracts

Samples: Trust Indenture and Agreement (Government Securities Equity Trust Series 8), Trust Indenture and Agreement (Government Securities Equity Trust Series 10), Trust Indenture and Agreement (Government Securities Equity Trust Series 11)

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Principal Account. The Securities in the Trust and all moniesmoneys, including capital gains all moneys paid on pursuant to any Insurance contract representing principal of any Bond in the Fund SharesTrust, other than amounts credited to the Income Interest Account for the Trust, received by the Trustee in respect of the Securities in the Trust shall be credited to a separate account for the Trust to be known as the "Principal Account" for the Trust.

Appears in 1 contract

Samples: Trust Indenture and Agreement (National Municipal Trust Series 164)

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