Common use of Determination to Pay Clause in Contracts

Determination to Pay. Whenever the Customer shall determine to pay a dividend or distribution on Shares it shall furnish to the Custodian Instructions setting forth with respect to the Customer specified therein the date of the declaration of such dividend or distribution, the total amount payable and the payment date.

Appears in 2 contracts

Sources: Custody Agreement (1WS Credit Income Fund), Custody Agreement (Axonic Alternative Income Fund)