Withdrawal of Assets from the Trust Account. (a) Without notice to or the consent of the Grantor, the Beneficiary shall have the right, at any time and from time to time, to withdraw from the Trust Account, upon providing written notice to the Trustee (the “Beneficiary Withdrawal Notice”), such Assets as are specified in such Beneficiary Withdrawal Notice. The Beneficiary need present no statement or document in addition to a Beneficiary Withdrawal Notice in order to withdraw any Assets. The Beneficiary Withdrawal Notice shall be substantially in the form attached as Exhibit A.
Appears in 9 contracts
Samples: Coinsurance Trust Agreement, Coinsurance Trust Agreement (Primerica, Inc.), Excess Trust Agreement (Primerica, Inc.)
Withdrawal of Assets from the Trust Account. (a) Without notice to or the consent of the Grantor, the Beneficiary shall have the right, at any time and from time to time, to withdraw Assets from the Trust Account, upon providing written notice to the Trustee (the “Beneficiary Withdrawal Notice”), such . The Withdrawal Notice may designate a third party (the “Designee”) to whom Assets as are specified in such Beneficiary Withdrawal Noticetherein shall be delivered. The Beneficiary need present no statement or document in addition to a Beneficiary Withdrawal Notice in order to withdraw any Assets. The Beneficiary Withdrawal Notice shall be substantially in the form attached as Exhibit A..
Appears in 5 contracts
Samples: Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc), Trust Agreement (Genworth Financial Inc)
Withdrawal of Assets from the Trust Account. (a) Without notice to or the consent of the Grantor, the Beneficiary shall have the right, at any time and from time to time, to withdraw from the Trust Account, upon providing written notice to the Trustee (the “Beneficiary "Withdrawal Notice”"), such Assets as are specified in such Beneficiary Withdrawal Notice. The Withdrawal Notice may designate a third party (the "Designee") to whom Assets specified therein shall be delivered. The Beneficiary need present no statement or document in addition to a Beneficiary Withdrawal Notice in order to withdraw any Assets. The Beneficiary Withdrawal Notice shall be substantially in the form attached as Exhibit A..
Appears in 3 contracts
Samples: Trust Agreement (Darwin Professional Underwriters Inc), Trust Agreement (Darwin Professional Underwriters Inc), Trust Agreement (Darwin Professional Underwriters Inc)
Withdrawal of Assets from the Trust Account. (a) Without notice to or Except as otherwise provided in this Section 2, the Beneficiary, without the consent of the Grantor, the Beneficiary shall have the right, at any time and from time to time, to withdraw from the Trust AccountAccount for the purposes set forth in Section 3, upon providing written notice to the Trustee (the “Beneficiary Withdrawal Notice”), such Assets as are specified in such Beneficiary Withdrawal Notice. The Beneficiary need present no statement or document in addition to a Beneficiary , provided the Grantor has at least ten Business Days prior written notice of the Withdrawal Notice in order and has not objected to withdraw any Assets. The Beneficiary Withdrawal Notice shall be substantially in the form attached as Exhibit A.it;
Appears in 1 contract
Samples: Trust Agreement (Donegal Group Inc)
Withdrawal of Assets from the Trust Account. (a) Without the notice to or the consent of the Grantor, the Beneficiary shall have the right, at any time and from time to time, to withdraw from the Trust Account, upon providing written notice to the Trustee (the “Beneficiary Withdrawal Notice”), such Assets from the Trust Account as are specified in such Beneficiary Withdrawal Notice. The Beneficiary need present no statement or document in addition to other than a Beneficiary Withdrawal Notice in order to withdraw any Assets. The , except that the Beneficiary Withdrawal Notice shall be substantially in the form attached as Exhibit A.must acknowledge receipt of any withdrawn Assets.
Appears in 1 contract
Samples: Stock Purchase Agreement (Montpelier Re Holdings LTD)
Withdrawal of Assets from the Trust Account. (a) Without notice to or the consent of the Grantor, the Beneficiary shall have the right, at any time and from time to time, to withdraw from the Trust Account, upon providing subject only to written notice from the Beneficiary to the Trustee (the “Beneficiary Withdrawal Notice”), such Assets as are specified in such Beneficiary Withdrawal Notice. The Beneficiary need present no statement or document in addition to a Beneficiary Withdrawal Notice in order to withdraw any Assets. The Beneficiary Withdrawal Notice shall be substantially in the form attached as Exhibit A.such
Appears in 1 contract
Samples: Aggregate Loss Portfolio Reinsurance Agreement (Assured Guaranty LTD)
