Maintenance of the Trust Account. (a) Trustee shall surrender for payment all maturing Assets and all Assets called for redemption, deposit the principal amount of the proceeds of any such payment into the Supplemental Trust Account and give notice to Beneficiary and Grantor of such action.
Appears in 2 contracts
Samples: Supplemental Trust Agreement (CNO Financial Group, Inc.), New York Supplemental Trust Agreement (CNO Financial Group, Inc.)
Maintenance of the Trust Account. (a) Trustee shall surrender for payment all maturing Assets and all Assets called for redemption, deposit the principal amount of the proceeds of any such payment into the Supplemental Reinsurance Trust Account and give notice to Beneficiary and Grantor of such action.
Appears in 1 contract
Samples: Reinsurance Trust Agreement (CNO Financial Group, Inc.)
Maintenance of the Trust Account. (a) Trustee shall surrender for payment all maturing Assets and all Assets called for redemption, deposit the principal amount of the proceeds of any such payment into the Supplemental Trust Account and give written notice to Beneficiary and Grantor of such action.
Appears in 1 contract
Samples: New York Trust Agreement (CNO Financial Group, Inc.)
