Nations Separate Account Trust definition

Nations Separate Account Trust and "Trustees of Nations Separate Account Trust" refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally. All parties hereto acknowledge and agree that any and all liabilities of the Trust arising, directly or indirectly, under this Agreement will be satisfied solely out of the assets of the Trust and that no Trustee, officer or shareholder shall be personally liable for any such liabilities. All persons dealing with any Portfolio of the Trust must look solely to the property belonging to such Portfolio for the enforcement of any claims against the Trust.
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Nations Separate Account Trust entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Interestholders, or representatives of the Trust personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of Shares of the Trust Property, and all persons dealing with any class of Shares of the Trust must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Trust.
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Nations Separate Account Trust and "Trustees of Nations Separate Account Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and the Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of State of Delaware and the principal office of the Trust. The obligations of "Nations Separate Account Trust" entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, or representatives of the Trust personally, but bind only the Trust Property (as defined in the Declaration of Trust) and all persons dealing with any class of shares of the Trust must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Trust.
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Examples of Nations Separate Account Trust in a sentence

  • The names "Nations Separate Account Trust" and "Trustees of Nations Separate Account Trust" refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally.

  • The names "Nations Separate Account Trust" and "Trustees of ------- Nations Separate Account Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust which is hereby referred to and a copy of which is on file at the principal office of the Trust.

  • To the Separate Account Trust: Nations Separate Account Trust One Bank of America Plaza 000 Xxxxx Xxxxx Xxxxxx Charlotte, NC 28255-0001 Attention: Secretary To BACAP Distributors: BACAP Distributors, LLC One Bank of America Plaza 000 Xxxxx Xxxxx Xxxxxx Charlotte, NC 28255-0001 Attention: Secretary To BNY: The Bank of New York 00 Xxxxxxxxxx Xxxxxx 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxxx X.

  • The names "Nations Separate Account Trust" and "Trustees of ------- Nations Separate Account Trust" refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally.

  • Nations Separate Account Trust (Formerly Nations Annuity Trust) 1.

  • If to the Trust: Nations Separate Account Trust NCI-002-33-31 000 Xxxxx Xxxxx Xxxxxx Charlotte, NC 28255 Attention: Xxxxxxx X.

  • The Fund and the Distributor hereby consent to the Company's use of the name Nations Separate Account Trust and the names of the Portfolios listed on Schedule 2, as may be amended from time to time, in connection with marketing the Contracts, subject to the terms of Sections 3.6 and 3.7 of this Agreement.

  • Nations Separate Account Trust (Formerly Nations Annuity Trust): 1.

  • The names "Nations Separate Account Trust" and "Trustees of Nations Separate Account Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and the Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of State of Delaware and the principal office of the Trust.

  • The names "Nations Separate Account Trust" and "Trustees of Nations Separate Account Trust" refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust and Certificate of Trust dated November 24, 1997, which is hereby referred to and a copy of which is on file at the office of the Secretary of State of Delaware and at the principal office of the Trust.


More Definitions of Nations Separate Account Trust

Nations Separate Account Trust and "Trustees of Nations Separate Account Trust" refer respectively to the Trust created by the Declaration of Trust and the Trustees as Trustees but not individually or personally. All parties hereto acknowledge and agree that any and all liabilities of the Trust arising, directly or indirectly, under this Agreement will be satisfied solely out of the assets of the Trust and that no Trustee, officer or shareholder shall be personally liable for any such liabilities. All persons dealing with any Portfolio of the Trust must look solely to the property belonging to such Portfolio for the enforcement of any claims against the Trust. Nothing in this Section 18 shall be deemed to limit the liabilities to which a Trustee, officer or shareholder of the Trust may be subject under applicable law arising from such person's own wrongful conduct.
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Nations Separate Account Trust and "Trustees of Nations Separate Account Trust" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust which is hereby referred to and a copy of which is on file at the principal office of the Trust. The obligations of "Nations Separate Account Trust" entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Interestholders, or representatives of the Trust personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of Shares of the Trust Property, and all persons dealing with any class of Shares of the Trust must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Trust.
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Related to Nations Separate Account Trust

  • Administration Account As defined in Section 7.02.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Member Account means the regular account and the variable account.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Separate Accounts means the accounts which are to be prepared for each

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Collection Accounts As defined in Section 3.10(a).

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.