Insurance Trustee definition

Insurance Trustee means an entity authorized to carry on the business of a trust company under the laws of Alberta selected from time to time on resolution of the Board, whose duties include the receiving, holding and disbursing of proceeds of policies of insurance pursuant to these Bylaws and the Act. If no Insurance Trustee is appointed, then the Insurance Trustee shall be the Board;
Insurance Trustee means The Bank of New York, New York, New York, or any successor thereto, as the Insurance Trustee under the Policy.
Insurance Trustee means United States Trust Company of New York, or any successor thereto, as the Insurance Trustee under the Policy.

Examples of Insurance Trustee in a sentence

  • The Insurance Trustee shall not be required to pay out any insurance moneys where Xxxxxx fails to supply satisfactory evidence of the payment of work, labor, services or materials performed, furnished or supplied, as aforesaid.

  • Tenant shall furnish the Insurance Trustee at the time of any such payment with evidence reasonably satisfactory to the Insurance Trustee that there are no unpaid past due bills in respect to any work, labor, services or materials performed, furnished or supplied in connection with such Restoration.


More Definitions of Insurance Trustee

Insurance Trustee means a person, firm or corporation selected from time to time on resolution of the Board, whose duties include the receiving, holding and disbursing of proceeds of policies of insurance pursuant to these Bylaws and the Act. If no Insurance Trustee is appointed, then the Insurance Trustee is the Board;
Insurance Trustee has the meaning given to it in Section 12.9;
Insurance Trustee has the meaning set forth in the preamble to this Agreement.
Insurance Trustee has the meaning specified in the Insurance Policy. The Insurance Policy specifies that the United States Trust Company of New York is initially the Insurance Trustee.
Insurance Trustee means the Trustee or, if the Trustee so elects, any bank, trust company or insurance company with a net worth in excess of $100,000,000, designated by the Trustee.
Insurance Trustee means the trustee to be appointed under the Insurance Trust Agreement.
Insurance Trustee means the insurance trustee (if any) appointed pursuant to the Condominium Bylaws.