Establishment of Trusts. (a) Within 30 Business Days of approval of the Trust Deeds under clause 20.5 the Regional Trustee must execute Trust Deeds to establish each of the following Trusts:
Establishment of Trusts. (a) Within 30 days of approval of the Trust Deeds under clause 22.5, the Corporate Trustee must execute Trust Deeds to establish each of the following Trusts:
Establishment of Trusts. Persons desiring to establish a trust under this Agreement shall enter into a "Joinder Agreement" with Trustor. Each Joinder Agreement shall (a) incorporate the provisions of this First Party OSNT by reference, designate the person with disabilities for whom supplemental financial assistance shall be provided during his or her lifetime (the "Beneficiary"), (c) designate one or more persons or organizations ("Remainder Beneficiaries") to receive the trust assets remaining at the death of the Beneficiary, and (d) designate the shares or portions of the remaining trust assets distributable to each Remainder Beneficiary. Joinder Agreements may also contain such additional binding and nonbinding provisions as Trustor may deem advisable under the circumstances, but no such other terms and conditions may alter the provisions of this First Party OSNT or the rights, duties, and responsibilities of Trustee.
Establishment of Trusts. All Trust Assets received by the Trustee from time to time shall be held for and on behalf of the relevant Investor on trust for such Investor, to be paid and/or utilised in accordance with this Declaration of Trust. For the purposes of this clause, the Trustee is deemed to have received Trust Assets if the Trustee takes control of any Trust Assets or if the Trust Assets (being monies) are received by the Trustee into the Trustee’s bank account.
Establishment of Trusts. Should a Borrower suffer unforeseen hardship and apply to the Trustee to vary the terms of the Loan contract pursuant to part 2 subpart 8 of the CCCFA, the Trustee may vary the said terms , in accordance with the provisions of the CCCFA, provided such variation would be agreed by an investor acting reasonably and responsibly.
Establishment of Trusts. 5.1 Trusts
Establishment of Trusts. From and after the Closing Date, in the event that (i) Purchaser ceases to maintain either (A) a Standard & Poor’s Corporation insurer financial strength rating of at least AA- or (B) an A.M. Best Company rating of A; (ii) Purchaser fails to maintain a ratio of (A) Total Adjusted Capital (as defined in the Risk-Based Capital (RBC) Model Act or in the rules and procedures prescribed by the NAIC with respect thereto, in each case as in effect as of December 31, 2000) to (B) the Company Action Level RBC (as defined in the Risk-Based Capital (RBC) Model Act or in the rules and procedures prescribed by the NAIC with respect thereto, in each case as in effect as of December 31, 2000) of at least one hundred and twenty-five percent (125%); (iii) Purchaser or any Purchaser Affiliate commits a material breach of any term or condition under any of the Services Agreements and such breach is not cured within thirty (30) days of receipt of written notice from Sellers of such breach or act; or (iv) Purchaser fails to ensure that Lincoln Life, Lincoln Barbados or LAL is able to take full statutory reserve credit in the jurisdiction in which it is domiciled for the reinsurance under the Reinsurance Agreements (each, a “Trust Establishment Event”), Purchaser shall:
Establishment of Trusts. 5.1 Trusts 5.2 Trusts in respect of the Credit Facility 5.3 Rights of Pool Creditors other than the Ancillary Services Provider 5.4 Rights of Ancillary Services Provider 5.5 Trusts in respect of Pool Reserve Assets 5.6 Overdue amounts 5.7 Shortfall 5.8 Providing Members' rights to funds 5.9 Funds not to be withdrawn 5.10 Providing Members' rights to withdraw funds 5.11 Waiver of Providing Members' rights 5.12 Pool Reserve Assets 5.13 Providing Members' rights and interests in the Pool Reserve Account 5.14 Overpayments to be held on trust 5.15 Reimbursement of overpayments 5.16 Repayment of loans 5.17 No claim for breach of trust
Establishment of Trusts. 5.1 Trusts: the Pool Funds Administrator shall hold all moneys deposited with or paid to it (other than Pool Reserve Assets) and such rights as may from time to time be vested in it with regard to payment by Pool Members (apart from fees owed or paid to it for its services in accordance with Schedule 15 and any amounts payable to it pursuant to that Schedule upon its removal as Pool Funds Administrator or the expiry or termination of its appointment as such) by and from each Pool Debtor or with regard to the provision of Security Cover by each Pool Member, including:-
