New York Trust Agreement definition

New York Trust Agreement means the Company’s Declaration of Trust, dated October 10, 1994, creating a trust in accordance with the New York Insurance Law.
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New York Trust Agreement means the New York Regulation 114 Trust Agreement in the form set forth in Exhibit B .
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New York Trust Agreement means the New York Regulation 114 Trust Agreement in the form set forth in Exhibit B.
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Examples of New York Trust Agreement in a sentence

  • The exchange of copies of this New York Trust Agreement and of signature pages by facsimile or other electronic transmission shall constitute effective execution and delivery of this New York Trust Agreement as to the Parties and may be used in lieu of the original agreement for all purposes.

  • All references to “Articles” and “Sections” refer to the corresponding Articles and Sections of this New York Trust Agreement.

  • Towards that end, as of the Closing Date and at all times during the term of this New York Reinsurance Agreement, Reinsurer shall provide collateral and enter into the New York Trust Agreement as required by Section 4.2.

  • This New York Trust Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original copy of this New York Trust Agreement and all of which, when taken together, shall be deemed to constitute one and the same agreement.

  • This New York Trust Agreement may not be assigned, and the duties and obligations hereunder may not be delegated, by any Party unless such assignment or delegation is agreed to in advance in writing by all Parties hereto.

  • This New York Trust Agreement shall be effective as of the Effective Date and until terminated.

  • Grantor and Beneficiary hereby acknowledge that the foregoing indemnities shall survive the resignation or discharge of Trustee or the termination of this New York Trust Agreement.

  • The headings of Articles and Sections in this New York Trust Agreement are provided for convenience only and shall not affect its construction or interpretation.

  • The New York Trust Agreement shall contain those provisions necessary to effect the terms and conditions of this New York Reinsurance Agreement and shall comply with the requirements of the State of New York, including New York Insurance Regulation 114.

  • Reinsurer shall establish in accordance with such New York Trust Agreement a trust account (the “Reg 114 Trust Account”) with an independent financial institution reasonably acceptable to New York Ceding Company for the sole use and benefit of New York Ceding Company, for so long as there are New York Insurance Policies reinsured under this New York Reinsurance Agreement.


More Definitions of New York Trust Agreement

New York Trust Agreement means the New York Regulation 114 Trust Agreement in the form set forth in Exhibit B. “Party” or “Parties” shall have the meaning ascribed to it in the Preamble. “Person” means any individual, corporation, partnership, limited partnership, joint venture, limited liability company, trust or unincorporated organization or Governmental Authority or any other entity. “Qualifying Trust Assets” shall have the meaning ascribed to it in Section 4.2(c). “Quarterly Reports” shall have the meaning ascribed to it in Section 4.5. “Reg 114 Trust Account” shall have the meaning ascribed to it in Section 4.2(a). “SHIP” means Senior Health Insurance Company of Pennsylvania. “Supplemental Trust Account” shall have the meaning ascribed to it in Section 4.3(a). “Special Considerations Letter” means the letter published each year by the New York Department of Financial Services regarding special considerations relating to year-end reserves and other solvency issues. “Third Party Accountant” means a nationally recognized independent accounting firm which is mutually acceptable to New York Ceding Company and Reinsurer, or, if New York Ceding Company and Reinsurer are unable to agree on such an accounting firm, an independent accounting firm selected by mutual agreement of New York Ceding Company’s and Reinsurer’s independent auditors. 4 “Trust Amount” means pursuant to Section 4.1, the book value of the statutory reserves necessary for New York Ceding Company to take full statutory credit for the reinsurance ceded pursuant to this New York Reinsurance Agreement. “WNIC” shall have the meaning ascribed to it in the Recitals. “WNIC Indemnity Reinsurance Agreement” means that certain Indemnity Reinsurance Agreement, dated as of [•], 2013, by and between WNIC and Beechwood Re Ltd. “WNIC Supplemental Trust Account” shall have the meaning ascribed to it in Section 4.3(f). Article II
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New York Trust Agreement shall have the meaning ascribed to it in the Preamble.
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Related to New York Trust Agreement

  • Trust Agreement means the Amended and Restated Trust Agreement, dated as of the Closing Date, between the Seller and the Owner Trustee, as the same may be amended and supplemented from time to time.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Class A Trust Agreement means the Basic Agreement, as supplemented by Trust Supplement No. 2015-1A thereto, dated as of the date hereof, governing the creation and administration of the American Airlines Pass Through Trust 2015-1A and the issuance of the Class A Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Voting Trust Agreement means the Voting Trust Agreement entered into ---------------------- as of April 15, 1996 by and among Xxxxxx X. Xxxx; Xxxxx X. Xxxx, Xx.; Xxxxx X. Xxxx, Xx.; and F. Xxxxxx Xxxxxxx as the Voting Trustees and the stockholders of LSAI Holding Corp. who are parties thereto.

  • Class B Trust Agreement means the Basic Agreement, as supplemented by the Trust Supplement No. 2016-1B thereto, governing the creation and administration of the United Airlines Pass Through Trust 2016-1B and the issuance of the Class B Certificates, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of April 16, 2014, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Trust Agreements shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Supplemental Trust Agreement means any trust agreement then in full force and effect which has been duly executed and delivered by the Authority and the Trustee amendatory hereof or supplemental hereto; but only if and to the extent that such Supplemental Trust Agreement is executed and delivered pursuant to the provisions hereof.

  • Related Pass Through Trust Agreement Means the Basic Agreement as supplemented by the Trust Supplement No. 1998-1B-S dated the date hereof relating to the Continental Airlines Pass Through Trust 1998-1B-S and entered into by the Company and the Trustee, which agreement becomes effective upon the execution and delivery of the Assignment and Assumption Agreement pursuant to Section 7.01 of this Trust Supplement.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Refinancing Trust Agreement has the meaning specified in Section 9.1(c).

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Voting and Exchange Trust Agreement means the voting and exchange trust agreement to be made among Parent, CallCo, the Company and the Share Trustee in connection with the Plan of Arrangement substantially in the form of Exhibit D to the Transaction Agreement, as may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Trustee Agreement means the trustee agreement entered into on or before the First Issue Date, between the Issuer and the Trustee, or any replacement trustee agreement entered into after the First Issue Date between the Issuer and a trustee, regarding, inter alia, the remuneration payable to the Trustee or a replacement trustee.

  • Trust Common Securities means the securities representing common undivided beneficial interests in the assets of the Trust.

  • Original Declaration of Trust shall have the meaning set forth in the recitals to this Declaration of Trust;