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trust agreementAn attachment to a life insurance policy stipulating that proceeds should be paid into a trust under certain conditions.
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trust agreementA supplemental settlement agreement which distributes the proceeds in a special way, much as a regular fiduciary trust does. Insurance companies cannot enter into trust agreements.
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trust agreementDefinition A documented legal arrangement in which a grantor may transfer ownership rights of property to a trust to be managed by a trustee for the benefit of someone other than the grantor (benefici [..]
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trust agreementIn a trusteed pension plan, the contract between the plan sponsor and the trustee that describes the trustee's authority and responsibilities for investing and administering plan assets. Trust ag [..]
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trust agreementan agreement establishing and setting forth the material terms of a trust
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trust agreementAgreement between the issuer and the trustee (1) authorizing and securing the bonds; (2) containing the issuer’s covenants and obligations with respect to the project and payment of debt service; (3) specifying the events of default; and (4) outlining the trustee’s fiduciary responsibilities and bondholders' rights. Generally does not include [..]
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trust agreementAgreement between the issuer and the trustee (1) authorizing and securing the bonds; (2) containing the issuer’s covenants and obligations with respect to the project and payment of debt service; (3) [..]
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trust agreement(1) A supplemental agreement attached to and made a part of a life insurance policy setting forth the manner in which the proceeds are to be paid, in lieu of having them paid in a lump sum or under on [..]
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