Common use of Allocation of Earnings Clause in Contracts

Allocation of Earnings. Any income, profit or loss on such investments shall be deposited in or charged to the respective funds from which such investments were made; provided, however, that all income received on the investment of amounts on deposit in the Reserve Fund shall be applied as set forth in Section 4.02.

Appears in 2 contracts

Sources: Trust Agreement, Trust Agreement

Allocation of Earnings. Any income, profit or loss on such investments shall be deposited in or charged to the respective funds from which such investments were made; provided, however, that all income received on the investment of amounts on deposit in the Reserve Fund shall be applied as set forth in Section 4.02.

Appears in 1 contract

Sources: Installment Sale Agreement