Investment of Trust Assets. The assets held in the Trust Account shall be valued at their Reinsurer Statutory Book Value (including investment income due and accrued). The assets that may be held in the Trust Account shall consist of cash and investments consistent with the investment guidelines as set forth on Exhibit C (the assets pursuant to this sentence being the “Eligible Assets”).
Appears in 3 contracts
Samples: Master Agreement (AXA Equitable Holdings, Inc.), Master Agreement (Protective Life Insurance Co), Master Agreement (Protective Life Corp)
Investment of Trust Assets. The assets held in the Trust Account shall be valued at their Reinsurer Statutory Book Value (including investment income due and accrued). The assets that may be held in the Trust Account shall consist of cash and investments consistent with the investment guidelines as set forth on Exhibit EXHIBIT C (the assets pursuant to this sentence being the “Eligible Assets”"ELIGIBLE ASSETS").
Appears in 1 contract
Samples: Reinsurance Agreement (Mony America Variable Account L)
