Deposit of Assets. Prior to depositing assets in the Trust Account, Reinsurer will execute assignments or endorsements in blank, or transfer legal title to the trustee of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the trustee upon the direction of the Ceding Company, may whenever necessary negotiate these assets without the consent or signature from the Reinsurer or any other entity.
Deposit of Assets. The Trust will initially transfer and deposit or cause to be transferred and deposited with the Custodian all of the Securities, other property and cash owned by each Fund at the time this Agreement becomes effective, provided that the Custodian shall have the right, in its sole discretion, to refuse to accept any securities or other property that are not in proper form for deposit or any reason. Such transfer and deposit shall be evidenced by appropriate schedules duly executed by the Trust on behalf of the Funds. The Trust may deposit with the Custodian additional Securities of the Funds and dividends or interest collected on such Securities as the same are acquired from time to time. The Trust will cause to be deposited with the Custodian from time to time (i) the net proceeds of Securities sold, (ii) the applicable net asset value of Shares sold, whether representing initial issue or any other securities and (iii) cash as may be acquired. Deposits with respect to sales of Shares shall be accompanied by Written or Oral Instructions stating the amount to be deposited with the Custodian and registration instructions. The Custodian will provide timely notification to each applicable Fund of any receipt by it of payments for Shares of the Funds.
Deposit of Assets. Except as otherwise set forth in the Trust Agreement, prior to depositing assets in the Trust Account, the Reinsurer or the Ceding Company, as applicable, will execute assignments or endorsements in blank, or transfer legal title to the Trustee of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the Trustee upon the direction of the Ceding Company, may whenever necessary negotiate these assets without the consent or signature from the Reinsurer or any other entity.
Deposit of Assets. Prior to depositing assets in the SLDI Reserve Trust Account, Reinsurer will execute assignments or endorsements in blank, or transfer legal title to the trustee of all shares, obligations or any other assets requiring assignments, in order that the Company, or the trustee upon the direction of the Company, may whenever necessary negotiate these assets without the consent or signature from the Reinsurer or any other entity.
Deposit of Assets. Prior to depositing assets in the Trust Account, the Reinsurer will execute assignments, endorsements, medallion guaranteed stock powers, and medallion guaranteed bond powers in blank (collectively “Transfer Instruments”) as appropriate in each instance for the type of asset, to transfer legal title to the trustee of all shares, obligations or any other assets requiring assignment, conveyance or transfer, in order that the Company, or the trustee upon the direction of the Company, may whenever necessary negotiate the assets, attach the endorsements and record the assignments without any additional consent or signature from the Reinsurer or any other entity. The Transfer Instruments shall be accompanied by a Certificate duly executed by an Assistant Secretary of the Reinsurer evidencing the due authority of the signatories to execute the Transfer Instruments on behalf of the Reinsurer.
Deposit of Assets. (a) On or before the Effective Date, Grantor shall deposit assets consisting of assets in compliance with the Investment Guidelines (the “Assets”). The Assets deposited in the Supplemental Trust Account shall be valued according to their current fair market value and shall be invested in accordance with the Investment Guidelines or as otherwise agreed upon by Grantor and Beneficiary.
Deposit of Assets. (a) The Companies shall initially furnish, transfer and credit or deposit, or cause to be furnished, transferred and credited or deposited, with the Custodian all Assets owned by the Companies for which the Companies wish the Custodian to have custody, as contemplated by this Agreement, provided that the Custodian shall have the right, in its reasonable discretion, to refuse, upon providing written notice to the Companies, to accept any Securities or other property that are not in proper form for credit or deposit or recordkeeping, or for any other reason. Such transfer and credit or deposit shall be evidenced by Appropriate Instructions to receive such Assets. The Companies may cause additional Assets, including dividends or interest collected on Assets, as the same are acquired from time to time by the Companies, to be delivered to the Custodian pursuant to the terms hereof. The Companies may cause to be credited or deposited with the Custodian from time to time (i) the net proceeds of Assets sold, and (ii) Assets consisting of cash as may be acquired by the Companies.
Deposit of Assets. Prior to depositing assets in the FAFLIC Trust Account, Reinsurer shall execute assignments or endorsements in blank, or transfer legal title to the Trustee of all shares, obligations or any other assets requiring assignments, in order that FAFLIC, or the Trustee upon the direction of FAFLIC, may whenever necessary negotiate these assets without the consent or signature from the Reinsurer or any other entity.
Deposit of Assets. 36 Section 5.6. Withdrawal of Assets from the Trust Account 36 Section 5.7. Adjustment of Security and Withdrawals 36 Section 5.8. Continuation of a Triggering Event 39 Section 5.9. Security Interest. 39 ARTICLE VI. OVERSIGHTS; COOPERATION 40 Section 6.1. Oversights 40 Section 6.2. Cooperation 40 Section 6.3. Changes to RBC Ratio and [***] 40 ARTICLE VII. INSOLVENCY 41 Section 7.1. Insolvency of the Ceding Company 41 ARTICLE VIII. DURATION; RECAPTURE 42 Section 8.1. Duration 42 Section 8.2. Survival 42 Section 8.3. Recapture 42 Section 8.4. Recapture Payments 43
Deposit of Assets. Prior to depositing assets in the Trust Account, the Reinsurer will, at its option, do one of the following: (i) execute assignments or endorsements in blank in favor of the trustee pursuant to the Trust Agreement or (ii) transfer legal title to the trustee, in either case, of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the trustee upon the direction of the Ceding Company, may whenever necessary negotiate these assets without the consent or signature from the Reinsurer or any other entity.
