Common use of Right to Vote Assets and Payments Clause in Contracts

Right to Vote Assets and Payments. of Dividends and Interest 5 Section 4.2 Responsibilities of Trustee 5 Section 4.3 Monthly Report 6 Section 4.4 Reliance on Authority 6 Section 4.5 Charges of Trustee 6 Section 4.6 Indemnification of Trustee 6 Section 4.7 Resignation or Removal of Trustee 6 Section 4.8 Additional Trustee Provisions 7 Article V Term; Termination 7 Section 5.1 Term; Termination 7 Section 5.2 Effect of Termination 7 Article VI Miscellaneous Provisions 8 Section 6.1 Assignment and Delegation 8 Section 6.2 Construction 8 Section 6.3 Counterparts 8 Section 6.4 Entire Agreement 8 Section 6.5 Governing Law 8 Section 6.6 Notices 8 Section 6.7 Other Instruments 10 Section 6.8 Severability 10 Section 6.9 Waiver of Breach 10 THIS NEW YORK SUPPLEMENTAL TRUST AGREEMENT (this “New York Supplemental Trust Agreement”) is made and entered into by and among Bankers Conseco Life Insurance Company, a New York stock life insurance company (“Beneficiary”), Beechwood Re Ltd, a Cayman Islands stock life reinsurance company (“Grantor”), and Wilmington Trust, National Association, a national banking association (“Trustee”) for the purpose of establishing a supplemental trust account (the “Supplemental Trust Account”) in relation to that certain New York Reinsurance Agreement. Beneficiary, Grantor and Trustee are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.”

Right to Vote Assets and Payments. of Dividends and Interest 5 Section 4.2 Responsibilities of Trustee 5 Section 4.3 Monthly Report 6 Section 4.4 Reliance on Authority 6 Section 4.5 Charges of Trustee 6 Section 4.6 Indemnification of Trustee 6 Section 4.7 Resignation or Removal of Trustee 6 Section 4.8 Additional Trustee Provisions 7 Article V Term; Termination 7 Section 5.1 Term; Termination 7 Section 5.2 Effect of Termination 7 Article VI Miscellaneous Provisions 8 Section 6.1 Assignment and Delegation 8 Section 6.2 Construction 8 Section 6.3 Counterparts 8 Section 6.4 Entire Agreement 8 Section 6.5 Governing Law 8 Section 6.6 Notices 8 Section 6.7 Other Instruments 10 Section 6.8 Severability 10 Section 6.9 Waiver of Breach 10 THIS NEW YORK SUPPLEMENTAL REINSURANCE TRUST AGREEMENT (this “New York Supplemental Reinsurance Trust Agreement”) is made and entered into by and among Bankers Conseco Life Washington National Insurance Company, a New York an Indiana stock life insurance company (“Beneficiary”), Beechwood Re Ltd, a Cayman Islands stock life reinsurance company (“Grantor”), and Wilmington Trust, National Association, a national banking association (“Trustee”) for the purpose of establishing a supplemental trust account (the “Supplemental Trust Account”) in relation to that certain New York Reinsurance Agreement). Beneficiary, Grantor and Trustee are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.”

Right to Vote Assets and Payments. of Dividends and Interest 5 Section 4.2 Responsibilities of Trustee 5 Section 4.3 Monthly Report 6 Section 4.4 Reliance on Authority 6 Section 4.5 Charges of Trustee 6 Section 4.6 Indemnification of Trustee 6 Section 4.7 Resignation or Removal of Trustee 6 Section 4.8 Additional Trustee Provisions 7 Article V Term; Termination 7 Section 5.1 Term; Termination 7 Section 5.2 Effect of Termination 7 Article VI Miscellaneous Provisions 8 Section 6.1 Assignment and Delegation 8 Section 6.2 Construction 8 Section 6.3 Counterparts 8 Section 6.4 Entire Agreement 8 Section 6.5 Governing Law 8 Section 6.6 Notices 8 9 Section 6.7 Other Instruments 10 Section 6.8 Severability 10 Section 6.9 Waiver of Breach 10 THIS NEW YORK SUPPLEMENTAL TRUST AGREEMENT (this “New York Supplemental Trust Agreement”) is made and entered into by and among Bankers Conseco Life Washington National Insurance Company, a New York an Indiana stock life insurance company (“Beneficiary”), Beechwood Re Ltd, a Cayman Islands stock life reinsurance company (“Grantor”), and Wilmington Trust, National Association, a national banking association (“Trustee”) for the purpose of establishing a supplemental trust account (the “Supplemental Trust Account”) in relation to that certain New York Reinsurance Agreement. Beneficiary, Grantor and Trustee are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.”