Termination of the Trust Account. (a) The Trust Account and this Trust Agreement, except for the indemnities provided herein, may be terminated only after the Grantor and Beneficiary mutually give the Trustee written notice of their intention to terminate the Trust Account (the “Notice of Intention”). The Notice of Intention shall specify the date on which the Parties intend the Trust Account to terminate (the “Termination Date”). (b) On the Termination Date, the Trustee shall transfer to the Grantor all of the Assets not previously withdrawn by the Beneficiary.
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Samples: Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc)
Termination of the Trust Account. (a) The Trust Account and this Trust Agreement, except for the indemnities provided herein, which shall survive termination, may be terminated only after (i) the Grantor and Beneficiary mutually give has given the Trustee written notice of their its intention to terminate the Trust Account (the “Notice of Intention”), and (ii) the Trustee has given the Grantor and the Beneficiaries the written notice specified in paragraph (b) of this Section 10. The Notice of Intention shall specify the date on which the Parties intend Grantor intends the Trust Account to terminate (the “Termination Proposed Date”).
(b) On the Termination Date, the Trustee shall transfer to the Grantor all of the Assets not previously withdrawn by the Beneficiary.
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Samples: Stock Purchase Agreement (Allstate Corp), Stock Purchase Agreement (White Mountains Insurance Group LTD)
Termination of the Trust Account. (a) The Trust Account and this Trust Agreement, except for the indemnities indemnity provided herein, may be terminated only after (i) the Grantor and or the Beneficiary mutually give has given the Trustee written notice of their its intention to terminate the Trust Account (the “Notice of Intention”), and (ii) the Trustee has given the Grantor and the Beneficiary the written notice specified in paragraph (b) of this Section 10. The Notice of Intention shall specify the date on which the Parties intend notifying Party intends the Trust Account to terminate (the “Termination Proposed Date”).
(b) On the Termination Date, the Trustee shall transfer to the Grantor all of the Assets not previously withdrawn by the Beneficiary.
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