Asset Protection. Where we act as your custodian, we have put in place a number of processes and procedures aimed at ensuring that assets held on your behalf will be protected. These processes include but are not limited to: • Maintaining clear and accurate internal records of the assets held on your behalf; • Having security procedures in relation to accepting instructions; • Regularly undertaking internal reconciliation of our records; • Satisfying our auditors that we have maintained systems adequate to protect your assets; • Hiring and training professional and competent staff; and • Using due care and skill in the selection of sub-custodians. Citibank, N.A., London Branch is a member of the Financial Services Compensation Scheme in the United Kingdom. The Financial Services Compensation Scheme is only available to certain types of claimants and claims where such eligible claims are against members of the Financial Services Compensation Scheme. Details of the Financial Services Compensation Scheme and who is eligible to claim are available on request or at the Financial Services Compensation Scheme’s official website at xxx.xxxx.xxx.xx.
Asset Protection. Xxxxxx agrees that it shall not injure, damage and/or destroy any fences, gates, roads, drainage structures, livestock, timber, or other property of Weyerhaeuser and/or of others on the Leased Property and shall be responsible for and shall reimburse Weyerhaeuser and/or others for any damages which may occur as a result of its activities. Xxxxxx agrees to promptly notify Weyerhaeuser of any injury or damage to the Leased Property. Damage fees will be assessed to Lessee in the event that damage occurs through Xxxxxx's use of the Leased Property in excess of normal expectations. Xxxxxx agrees that due care will be exercised to prevent forest fires on the Leased Property. Lessee will immediately notify the state forestry department and Weyerhaeuser of any fires that may occur on the Leased Property and will use its best efforts to safely extinguish any fires.
Asset Protection. OCWA will be the xxxxxxx of the Facility on behalf of the Client. OCWA will maintain the Facility based on industry standards for similar facilities, normal wear and tear excluded. OCWA will maintain and utilize the Client’s computerized maintenance management system (CMMS; currently incorporated into the CMMS of the Elgin Area Primary Water Supply System) to control and record all maintenance activities, including but not limited to routine, preventative and breakdown maintenance activities. OCWA will provide the Client with immediate and complete access to all available information relating to the Facility as well as regular reporting.
Asset Protection. The SI shall protect, support and maintain all MTA-Provided Systems and other assets, including all structures (including the Transit System), and any other real property whether owned by the MTA Group or any other person or entity, with their appurtenances and connections as the same may be affected by the SI's performance of the Work. The SI shall promptly reconstruct and restore all structures that are damaged thereby to at least as good a condition as existed before the construction was begun. All such work shall be known as "Miscellaneous and Incidental Work."
Asset Protection o Enhanced Protection: Assets are generally protected from creditors of both the grantor and beneficiaries, subject to certain exceptions.
Asset Protection. A Beneficial Trust, often referred to as a Beneficiary Trust, is designed to hold assets for the benefit of one or more beneficiaries. Asset protection in the context of a Beneficial Trust works through several mechanisms:
Asset Protection. Establishing separate beneficial trusts for personal and business assets can shield family assets from business-related risks, such as litigation or financial challenges.
Asset Protection. Assets held within a beneficial trust are shielded from the beneficiary’s personal liabilities, such as debts or legal claims. This protection is particularly beneficial for safeguarding family wealth from unforeseen risks.
Asset Protection. Discretionary trusts are often used to protect trust assets from creditors, lawsuits, or other claims against beneficiaries. Since beneficiaries do not have a fixed entitlement to trust assets, those assets are generally shielded from being considered part of the beneficiaries' personal assets.
Asset Protection. (Yards and Depots) 1. Provide advice on perimeter security, access control, alarms (intruder detection), surveillance, and National Key Points, physical security requirements, asset protection and cable theft; 2. Provide analysis of crime statistics and trends to inform the type of security services required so that crime risk is reduced across PRASA; 3. Ensure early detection of crime across PRASA infrastructure; 4. Effectively respond to and report incidents; 5. Conduct security checks over a specified area; 6. Conduct risk assessments and develop appropriate risk mitigation measures to target identified risks; 7. Ensure adherence to PRASA health and safety policies and procedures; 8. Utilise technology solutions to reduce crime incidents, tonnage losses and interruption of services; 9. Conduct regular aerial patrols to ensure protection of PRASA assets from theft and damage; 10. Conduct and manage surveillance of substations, relay rooms and GSM-R high sites; 11. Conduct and manage surveillance and patrol; 12. Conduct site surveys as and when required; 13. Conduct site profiling for risks.
