Common use of Deposit of Assets to the Trust Account Clause in Contracts

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes the Trust Account with the Trustee for the sole use and benefit of the Beneficiary, under the terms set forth herein. The Trustee shall administer the Trust Account in its name as Trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 7 contracts

Samples: Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc), Trust Agreement (Ge Life & Annuity Assurance Co)

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Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes shall establish the Trust Account with and the Trustee for the sole use and benefit of the Beneficiary, under the terms set forth herein. The Trustee shall administer the Trust Account in its name as Trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 5 contracts

Samples: Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc)

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes shall establish the Trust Account with and the Trustee for the sole use and benefit of the Beneficiary, under the terms set forth herein. The Trustee shall administer the Trust Account in its name as Trustee trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Darwin Professional Underwriters Inc), Trust Agreement (Darwin Professional Underwriters Inc), Trust Agreement (Darwin Professional Underwriters Inc)

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes shall establish the Trust Account with and the Trustee for the sole use and benefit of the Beneficiary, under the terms set forth herein. The Trustee shall administer the Trust Account in its name as Trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Lincoln Life & Annuity Variable Annuity Account H), Trust Agreement (Zenith National Insurance Corp)

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes shall establish the Trust Account with on the Trustee date hereof for the sole use and benefit of the Beneficiary, under and the terms set forth herein. The Trustee shall receive Assets (as defined below) hereunder and administer the Trust Account and the trust established hereunder in its name as Trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by Beneficiary (the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement“Trust”).

Appears in 2 contracts

Samples: Coinsurance Agreement, Trust Agreement (Athene Holding LTD)

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes shall establish the Trust Account with the Trustee for the sole use and benefit of the Beneficiary, under the terms set forth herein. The Trustee shall administer the Trust Account in its name as Trustee the trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Security National Financial Corp), Trust Agreement (Security National Financial Corp)

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Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes the Trust Account with the Trustee for the sole use and benefit of the Beneficiary, under upon the terms and conditions hereinafter set forth hereinforth. The Trustee shall administer the Trust Account in its name as Trustee trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 1 contract

Samples: Stop Loss Agreement (Assured Guaranty LTD)

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes shall establish the Trust Account with and the Trustee for the sole use and benefit of the Beneficiary, under the terms set forth herein. The Trustee shall administer the Trust Account in its name as Trustee for the sole use and benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 1 contract

Samples: Automatic Yrt Agreement (C M Life Variable Life Separate Account I)

Deposit of Assets to the Trust Account. (a) The Grantor hereby establishes has established the Trust Account with the Trustee for the sole use and benefit of the Beneficiary, under Beneficiary and the terms set forth herein. The Trustee shall administer the Trust Account in its name as the Trustee for the sole benefit of the Beneficiary. The Trust Account shall be subject to withdrawal by the Beneficiary solely as provided herein. The Trustee hereby accepts the Trust Account upon the terms set forth in this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Horace Mann Life Insurance Co Separate Account)

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