Common use of Ongoing Funding of Collateral Trust Account Clause in Contracts

Ongoing Funding of Collateral Trust Account. In accordance with the requirements of the Collateral Trust Agreement, unless there is a Collateral Triggering Event or a Reinsurance Credit Event, the Reinsurer shall not be required to deposit additional assets into the Collateral Trust Account after the Closing Date. All transfers to and withdrawals from the Collateral Trust Account shall be in accordance with the terms set forth herein and subject to the requirements set forth in the Collateral Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp)

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Ongoing Funding of Collateral Trust Account. In accordance with the requirements of the Collateral Trust Agreement, unless there is a Collateral Triggering Event or a Reinsurance Credit Event, the Reinsurer shall not be required to deposit additional assets into the Collateral Trust Account after the Closing Inception Date. All transfers to and withdrawals from the Collateral Trust Account shall be in accordance with the terms set forth herein and subject to the requirements set forth in the Collateral Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Hartford Financial Services Group Inc/De)

Ongoing Funding of Collateral Trust Account. In accordance with the requirements of the Collateral Trust Agreement, unless there is a Collateral Triggering Event or a Reinsurance Credit Event, the Reinsurer shall not be required to deposit additional assets into the Collateral Trust Account after the Closing Date. All transfers to and withdrawals from the Collateral Trust Account shall be in accordance with the terms set forth herein and subject to the requirements set forth in the Collateral Trust Agreement.All

Appears in 1 contract

Samples: Trust Agreement

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Ongoing Funding of Collateral Trust Account. In accordance with the requirements of the Collateral Trust Agreement, unless there is a Collateral Triggering Event or a Reinsurance Retrocession Credit Event, the Reinsurer NICO shall not be required to deposit additional assets into the Collateral Trust Account after the Closing Date. All transfers to and withdrawals from the Collateral Trust Account shall be in accordance with the terms set forth herein and subject to the requirements set forth in the Collateral Trust Agreement.

Appears in 1 contract

Samples: Administrative Services Agreement (American International Group Inc)

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