Common use of Additions to Trust; Substitutions Clause in Contracts

Additions to Trust; Substitutions. From time to time after the Initial Contribution and prior to the termination of the Trust, the Company may make, and the Trustee shall accept, Additional Contributions, in all cases to satisfy the purpose of the Trust as set forth in Section 1.03. The Company shall have the right to substitute other assets for Trust assets if such substituted assets are of equivalent value, confirmation of which equivalent value shall be subject to CPUC Approval (and the Company shall furnish to the CPUC information regarding the relative values of such substituted assets and the Trust assets being replaced).

Additions to Trust; Substitutions. From time to time after the Initial Contribution and prior to the termination of the Trust, the Company may make, and the Trustee shall accept, Additional Contributions, in all cases to satisfy the purpose of the Trust as set forth in Section 1.03. The 1.03.The Company shall have the right to substitute other assets for Trust assets if such substituted assets are of equivalent value, confirmation of which equivalent value shall be subject to CPUC Approval (and the Company shall furnish to the CPUC information regarding the relative values of such substituted assets and the Trust assets being replaced).