Common use of Deposit of Assets Clause in Contracts

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.

Appears in 5 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Seven)

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Deposit of Assets. Prior to depositing assets in the Trust Account, the 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.

Appears in 4 contracts

Samples: Transition Services Agreement (AXA Equitable Holdings, Inc.), Transition Services Agreement (Protective Life Insurance Co), Transition Services Agreement (Protective Life Corp)

Deposit of Assets. Prior to depositing assets in the Trust Account, the Reinsurer will execute assignments or endorsements in blank, or transfer legal title to the trustee Trustee of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the trustee 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.

Appears in 3 contracts

Samples: Master Transaction Agreement (Cna Financial Corp), Coinsurance Agreement (Everlake Life Insurance Co), Master Transaction Agreement (Assurant Inc)

Deposit of Assets. Prior Except as otherwise set forth in the Trust Agreement, prior to depositing assets in the Trust Account, the Reinsurer will execute assignments or endorsements in blank, or transfer legal title to the trustee Trustee of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the trustee Trustee upon the direction of the Ceding Company, may whenever necessary negotiate these any such assets without the consent or signature from the Reinsurer or any other entity.

Appears in 2 contracts

Samples: Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A), Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)

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Deposit of Assets. Prior to depositing assets in the Trust Account, the Reinsurer will shall execute assignments or endorsements in blank, or transfer legal title to the trustee Trustee of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the trustee 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.

Appears in 1 contract

Samples: Reinsurance Agreement (Farmers Annuity Separate Account A)

Deposit of Assets. Prior to depositing assets in the Trust Account, the Reinsurer will execute assignments or endorsements in blank, or transfer legal title to the trustee Trustee of all shares, obligations or any other assets requiring assignments, in order that the Ceding Company, or the trustee Trustee upon the direction of the Ceding Company, may whenever necessary negotiate these any such assets without the consent or signature from the Reinsurer or any other entity.

Appears in 1 contract

Samples: Coinsurance and Modified Coinsurance Agreement (Minnesota Life Variable Life Account)

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