Common use of Annual Valuation Clause in Contracts

Annual Valuation. The Trustee shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The Trustee shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Secretary Agency (to the attention of the FDEPEnvironmental Resource Permitting Program for the ________________ (name) Mitigation Bank, or designee, Permit No. _____) a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor or the Agency to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Agency shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The Trustee Trust shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Secretary Agency (to the attention of Environmental Resource Permitting Program for the FDEP________ (name) Mitigation Bank, or designee, Permit #____) a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor or the Agency to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Agency shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The After payment has been made into this standby trust fund, the Trustee shall annually, at least 30 days prior to before the anniversary date of establishment receipt of payment into the Fundstandby trust fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, NRC a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to before the anniversary date of the establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, NRC shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to the matters disclosed in the statement.

Annual Valuation. The Trustee shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Secretary Commissioner of the FDEP, or designee, NJDEP a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Commissioner of the NJDEP shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The After payment has been made into this standby trust fund, the Trustee shall annually, at least 30 days prior to before the anniversary date of establishment receipt of payment into the Fundstandby trust fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, NRC a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to before the anniversary date of the establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, NRC shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to the matters disclosed in the statement.

Annual Valuation. The After payment has been made into this standby trust fund, the Trustee shall annually, at least 30 days prior to the anniversary date of establishment receipt of payment into the Fundstandby trust fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, NRC a statement •, j confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the such anniversary date of establishment of the funddate. The failure of the Grantor to object in writing to the Trustee within with 90 calendar days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, NRC shall constitute a an conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The After payment has been made into this standby trust fund, the Trustee shall annually, at least 30 days prior to before the anniversary date of establishment receipt of payment into the Fundstandby trust fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, NRC a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to before the anniversary date of the establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor grantor and the FDEP SecretaryNRC, or designeeState agency, shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to the matters disclosed in the statement.

Annual Valuation. The Trustee shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, ; furnish to the Grantor and to the Secretary of the FDEP, or designee, FDEP a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Secretary shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The After payment has been made into this standby trust fund, the Trustee shall annually, at least 30 days prior to before the anniversary date of establishment receipt of payment into the Fundstandby trust fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, NRC a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to before the anniversary date of the establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, NRC shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to the matters disclosed in the statement.

Annual Valuation. The Trustee shall annually, at least 30 thirty (30) days prior to the anniversary date of establishment establish- ment of the Fund, furnish to the Grantor and to the Secretary Director of the FDEP, or designee, Division a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 sixty (60) days prior to the anniversary date of establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 ninety (90) days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Director of the Division shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The Trustee Trust shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Secretary Agency (to the attention of Environmental Resource Permitting Program for the FDEP(name) Mitigation Bank, or designee, Permit # ) a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor or the Agency to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Agency shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The Trustee shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the Secretary Agency (to the attention of the FDEPEnvironmental Resource Permitting Program for the (name) Mitigation Bank, or designee, Permit No. ) a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the fund. The failure of the Grantor or the Agency to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Agency shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.

Annual Valuation. The After payment has been made into this standby trust fund, the Trustee shall annually, at least 30 days prior to before the anniversary date of establishment receipt of payment into the Fundstandby trust fund, furnish to the Grantor and to the Secretary of the FDEP, or designee, Division a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to before the anniversary date of the establishment of the fundFund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the FDEP Secretary, or designee, Division shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to the matters disclosed in the statement.