Insurance Trust Account definition

Insurance Trust Account means Account No. ▼ at [Bank];

Insurance Trust Account has the meaning given to it in the Credit Agreement.

Insurance Trust Account means Account No. <*> at <*>.

Examples of Insurance Trust Account in a sentence

• The Municipal Council does hereby request permission of the Director, in accordance with N.J.S.A. 40A:4-39, to pay expenditures of the Edison Reserve for Self Insurance Trust Account in consideration of the dedication provided hereunder.

• The Account Trustee further agrees that it shall make such requests to the Bank for additional information with respect to the Insurance Trust Account as the Lenders’ Agent may from time to time request in writing.

• The dedicated revenues anticipated by the Township during 2014 from the Edison Reserve for Self Insurance Trust Account are hereby anticipated as revenue and are hereby appropriated for the purposes to which said revenue is dedicated by statute (specifically pursuant to N.J.S.A. 40A:10-6) or other legal requirement.

• The Mayor, or his designee, is hereby authorized to execute a contract in the amount of $75,000.00 and any other necessary documents, with PEOPLE FOR ANIMALS, INC., for the services described herein.EXPLANATION: A Resolution to request permission to dedicate by rider to the Township budget the anticipated revenues from the Edison Reserve for Self Insurance Trust Account.

• The Insurance Trustee shall not release, distribute or transfer any funds from the Insurance Trust Account other than in accordance with the terms of this Insurance Trust Agreement.

More Definitions of Insurance Trust Account

Insurance Trust Account means account 000-00000-00 at BMO Xxxxxxx Xxxxx.

Insurance Trust Account has the meaning set out in the Trust Indenture;

Insurance Trust Account means an account with account number at the Account Bank (as defined in the Trust Indenture) opened in accordance with the Insurance Trust Agreement, together with any replacement and substitute accounts opened pursuant to the Insurance Trust Agreement and any sub-accounts of the foregoing;

Insurance Trust Account means [REDACTED] at [REDACTED].

Insurance Trust Account has the meaning set forth in subsection 14.3(E) (Insurance Trust Account).

Insurance Trust Account has the meaning set out in the Credit Agreement; “Liability Report” has the meaning given in Section 3.5;

Insurance Trust Account means an account in the name of the Insurance Trustee, in trust for the parties set forth in the Insurance Trust Agreement, and maintained at the sole expense of Project Co and into which shall be paid certain proceeds of insurance and which account shall operate pursuant to, and in accordance with, the Insurance Trust Agreement; Insured means those parties so described in the policy declarations; Insurers means the insurer or insurers underwriting this insurance policy; Project means the project described in the declarations to this Policy; Project Co means Brookfield Infrastructure Partnerships Surrey; and Senior Lender means The Canada Life Assurance Company;