Common use of Release of Trust Account Assets to the Grantor Clause in Contracts

Release of Trust Account Assets to the Grantor. (a) The Grantor agrees that all proceeds from the sale or substitution of the Assets in the Trust Account and the collection of interest, dividends and other income in respect to the Assets in the Trust Account shall be retained in the Trust Account and shall not be released to the Grantor, except in accordance with the provisions set forth in subparagraphs (b) and (c) in this Section 6.3.

Appears in 3 contracts

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

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Release of Trust Account Assets to the Grantor. (a) The Grantor agrees that all All proceeds from the sale or substitution of the Assets in the Trust Account and the collection of interest, dividends and other income in respect to the Assets in the Trust Account shall be retained in the Trust Account and shall not be released to the Grantor, except in accordance with the provisions set forth in subparagraphs (b) and (c) in this Section 6.3.

Appears in 3 contracts

Samples: Trust Agreement (American International Group Inc), Trust Agreement (American International Group Inc), Administrative Services Agreement (American International Group Inc)

Release of Trust Account Assets to the Grantor. (a) The Grantor agrees that all All proceeds from the sale or substitution of the Assets in the Trust Account and the collection of interest, dividends and other income in respect to the Assets in the Trust Account shall be retained in the Trust Account and shall not be released to the Grantor, except in accordance with the provisions set forth in subparagraphs subparagraph (b) and (c) in this Section 6.3.

Appears in 2 contracts

Samples: Trust Agreement (American International Group Inc), Trust Agreement (American International Group Inc)

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Release of Trust Account Assets to the Grantor. (a) The Grantor agrees that all proceeds from the sale or substitution of the Assets in the Trust Account and the collection of interest, dividends and other income in respect to the Assets in the Trust Account shall be retained in the Trust Account and shall not be released to the Grantor, except in accordance with the provisions set forth in subparagraphs subparagraph (b) and (c) in of this Section 6.35.2.

Appears in 1 contract

Samples: Retrocession Agreement (Cigna Corp)

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