Ceding Company Withdrawals from Trust Account Sample Clauses

Ceding Company Withdrawals from Trust Account. (A) In the event the Accounts Required Reserves-Fund Withheld is greater than the Funds Withheld Account Balance, the absolute value of such amount shall be withdrawn from the Trust Account by the Ceding Company (in accordance with the terms of the Trust Agreement) and deposited into the Funds Withheld Account. Any assets other than cash that are withdrawn from the Trust Account and deposited into the Funds Withheld Account must satisfy clause (iv) of the definition of Permitted Asset and shall be valued according to Fair Market Value.
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