Client-controlled Assets. The Bank will exclude Client-controlled Assets from the Account statements. The Grantor and the Beneficiary hereby acknowledge that (i) such assets are not held in the Account and (ii) the Bank is not trustee of such assets and not responsible for performing any duties under this Agreement with respect to such assets.
Appears in 3 contracts
Samples: Insurance Trust Agreement (Bowhead Specialty Holdings Inc.), Insurance Trust Agreement (Bowhead Specialty Holdings Inc.), Insurance Trust Agreement (Bowhead Specialty Holdings Inc.)
Client-controlled Assets. The Bank will exclude Client-controlled Assets from the Account statements. The Grantor and the Beneficiary Customer hereby acknowledge acknowledges that (i) such assets are not held in the Account and (ii) the Bank is not trustee of such assets and not responsible for performing any duties under this Agreement with respect to such assets.
Appears in 1 contract
Samples: Benefits Protection Trust Agreement (Potlatchdeltic Corp)
