Common use of Disposition of Assets Upon Termination Clause in Contracts

Disposition of Assets Upon Termination. Upon a termination pursuant to this Article IX, the Trustee shall distribute all Assets held and deposited under this Trust Agreement, to the Grantor and shall take any and all steps necessary to transfer absolutely and unequivocally all right, title and interest in such Assets and to deliver physical custody, if applicable, in such Assets to the Grantor or as otherwise directed by the Grantor.

Appears in 3 contracts

Samples: Trust Agreement (American International Group Inc), Trust Agreement (American International Group Inc), Administrative Services Agreement (American International Group Inc)

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Disposition of Assets Upon Termination. Upon a termination pursuant to this Article IXVI, the Trustee shall distribute all Assets held and deposited under this Trust Agreement, subject to the written approval of the Beneficiary, to the Grantor and shall take any and all steps necessary to transfer absolutely and unequivocally all right, title and interest in such Assets and to deliver physical custody, if applicable, in such Assets to the Grantor or as otherwise directed by the Grantor.

Appears in 2 contracts

Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp)

Disposition of Assets Upon Termination. Upon a termination pursuant to this Article IXVIII, the Trustee shall distribute all Assets held and deposited under this Trust Agreement, subject to the written approval of the Beneficiaries, to the Grantor and shall take any and all steps necessary to transfer absolutely and unequivocally all right, title and interest in such Assets and to deliver physical custody, if applicable, in such Assets to the Grantor or as otherwise directed by the Grantor.

Appears in 2 contracts

Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp)

Disposition of Assets Upon Termination. Upon a termination pursuant to this Article IXVI, the Trustee shall distribute all Assets held and deposited under this Trust Agreement, subject to the written approval of the Beneficiary, to the Grantor and shall take any and all steps necessary to transfer absolutely and unequivocally all right, title and interest in such Assets and to deliver physical custody, if applicable, in such Assets to the Grantor or as otherwise directed by the Grantor.. ARTICLE VII

Appears in 1 contract

Samples: Trust Agreement

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Disposition of Assets Upon Termination. Upon a termination pursuant to this Article IXVII, the Trustee shall distribute all Assets held and deposited under this Trust Agreement, Agreement to the Grantor and shall take any and all steps necessary to transfer absolutely and unequivocally all right, title and interest in such Assets and to deliver physical custody, if applicable, in such Assets to the Grantor or as otherwise directed by the Grantor.

Appears in 1 contract

Samples: Retrocession Agreement (Cigna Corp)

Disposition of Assets Upon Termination. Upon a termination pursuant to this Article IXVIII, the Trustee shall distribute all Assets held and deposited under this Trust Agreement, subject to the written approval of the Beneficiary, to the Grantor and shall take any and all steps necessary to transfer absolutely and unequivocally all right, title and interest in such Assets and to deliver physical custody, if applicable, in such Assets to the Grantor or as otherwise directed by the Grantor.

Appears in 1 contract

Samples: Trust Agreement (Hartford Financial Services Group Inc/De)

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