DISTRIBUTION OF TRUST FUNDS Sample Clauses

DISTRIBUTION OF TRUST FUNDS. 7.1 Withdrawal of Preneed Funds. Preneed Funds held in the Preneed Trust Fund which are related to Preneed Contracts shall be retained in the Preneed Trust Fund by Trustee until Trustee receives from Cemetery Authority a written request for withdrawal from the Preneed Trust Fund of requested amounts relating to the Preneed Contract, including, in the case of the death of the “Beneficiary” (as the term is used in Title 27, Chapter 17A of the Code of Alabama 1975) of the Preneed Contract, proper documentation as required under Title 27, Chapter 17A of the Code of Alabama 1975.
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DISTRIBUTION OF TRUST FUNDS. 7.1 Withdrawal of Preneed Funds. Preneed Funds held in the Preneed Trust Fund which are related to Preneed Contracts shall be retained in the Preneed Trust Fund by Trustee until Trustee receives from Funeral Establishment a written request for withdrawal from the Preneed Trust Fund of requested amounts relating to the Preneed Contract, including, in the case of the death of the “Beneficiary” (as the term is used in Title 27, Chapter 17A of the Code of Alabama 1975) of the Preneed Contract, proper documentation as required under Title 27, Chapter 17A of the Code of Alabama 1975. The written request must include a valid death certificate or other valid proof of death, a letter from the Preneed Contract holder cancelling the Preneed Contract or valid proof the Preneed Contract has been cancelled in accordance with Section 27-17A-33, or valid proof the merchandise has been delivered and installed, and services have been performed. For all Preneed Contracts effective on or after January 1, 2015, the amount that may be withdrawn from the Preneed Trust Fund upon fulfillment or cancellation of any particular Preneed Contract may not exceed the amount attributable to that Preneed Contract in proportion to the total amount held in trust for all Preneed Contracts as of the date of withdrawal. For all Preneed Contracts in effect before January 1, 2015, the valuation of each Preneed Contract and the amount withdrawn from the Preneed Trust may be calculated using any valuation method that had been approved by the Commissioner or Department before January 1, 2015.
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DISTRIBUTION OF TRUST FUNDS. 7.1 Withdrawal of Preneed Funds. Preneed Funds held in the Preneed Trust Fund which are related to Preneed Contracts shall be retained in the Preneed Trust Fund by Trustee until Trustee receives from Cemetery a written request for withdrawal from the Preneed Trust Fund of requested amounts relating to the Preneed Contract, including, in the case of the death of the “Beneficiary” (as the term is used in (Insert statutory citation) of the Preneed Contract, proper documentation as required under (Insert statutory citation).
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DISTRIBUTION OF TRUST FUNDS. Class Counsel shall pay the Net Settlement Funds to the Claims Administrator in trust and the Claims Administrator shall pay Abuse Claims in accordance with this Distribution Protocol. Within 60 days of determining the last of the Abuse Claims and any requests for reconsideration, the Claims Administrator shall prepare a report on the distribution of the Net Settlement Funds, which will be provided to the parties and filed with the Court. Upon filing its report with the Court, the Claims Administrator shall pay any remaining portion of the Net Settlement Funds in accordance with the Settlement Agreement. SCHEDULE “A” TRAINING SCHOOL SEXUAL ABUSE CLASS ACTION ATTESTATION I , of the [City/Town] of , [Full Name] [City/Town] in the Province of hereby swear, under Penalty of Perjury, [Province] that I was subjected to sexual misconduct while resident at [Institution] during . [Date(s)] My date of birth is . My place of birth is . [Date of Birth] [Place of Birth] Formerly, I was named [if applicable]. [Former Name] DECLARED BEFORE ME at the City of , in the Province of , this day of , 20 . WITNESS ATTESTOR SCHEDULE “B” Training School Sexual Abuse Class Action Claim for Compensation 2017 01G 2568 CP IN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR GENERAL DIVISION BETWEEN: XXXX XXX (#7), XXXX XXX (#9), (Discontinued) AND: XXXX XXX (#10) AND XXXX XXX (#11) PLAINTIFFS HER MAJESTY IN RIGHT OF NEWFOUNDLAND AND LABRADOR DEFENDANT Brought under the Class Actions Act, S.N.L. 2001, c. C-18.1 STATUTORY DECLARATION (Track 2) I, [Full Name] of the City or Town of [City/Town] in the Province of , DO SOLEMNLY DECLARE [Province] THAT THE ANSWERS AND INFORMATION THAT I HAVE GIVEN BELOW ARE TRUE:
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DISTRIBUTION OF TRUST FUNDS 
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Related to DISTRIBUTION OF TRUST FUNDS

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

  • TRUST FUNDS The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • The Trust Fund Xxxxxx Mae, acting in its capacity as Trustee for the Lower Tier REMIC, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Xxx, acting in its capacity as Trustee for the Trust Fund established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Lower Tier Regular Classes, including all payments of principal and interest thereon received after the month of the Issue Date.

  • Termination of Trust Agreement Section 9.01.

  • Termination of Trust Section 9.01

  • Distribution of Agreement The Employer agrees to make available to each employee a copy of this Agreement and to provide a copy of the same Agreement to all new employees entering the employment of the Employer.

  • Distribution of the Agreement 1. The Board will continue as in the past to print the Agreement for distribution to the members of the bargaining unit.

  • Trust Fund The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

  • Application of Trust Money The Trustee shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from U.S. Government Obligations through the Paying Agent and in accordance with this Indenture to the payment of principal of and interest on the Securities.

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