Common use of Account Status Upon Termination Clause in Contracts

Account Status Upon Termination. Upon the Agreement’s termination, (1) the District’s unspent advance contributions to the Plan Species Account shall be promptly released to the District, (2) if funds remain in the Plan Species Account after the return of the District’s advance contributions, then the Tributary Committee shall remain in existence and continue to operate according to the terms of this Agreement until the funds in the Plan Species Account are exhausted, and (3) all real and personal property which the District holds title shall remain its property.

Appears in 4 contracts

Samples: Anadromous Fish Agreement and Habitat Conservation Plan, Anadromous Fish Agreement and Habitat Conservation Plan, Anadromous Fish Agreement and Habitat Conservation Plan

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Account Status Upon Termination. Upon the Agreement’s termination, (1) the District’s unspent advance advanced contributions to the Plan Species Account shall be promptly released to the District, (2) if funds remain in the Plan Species Account after the return of the District’s advance contributions, then the Tributary Committee shall remain in existence and continue to operate according to the terms of this Agreement until the funds in the Plan Species Account are exhausted, and (3) all real and personal property which the District holds title shall remain its property.and

Appears in 3 contracts

Samples: Anadromous Fish Agreement and Habitat Conservation Plan, Anadromous Fish Agreement and Habitat Conservation Plan, Anadromous Fish Agreement and Habitat Conservation Plan

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