Annual Valuations. The Trustee shall annually, at least 30 days prior to the anniversary date of the establishment of the Trust Fund, furnish to the Grantor and to the Director a written statement of the current value of the Trust Fund. Any securities in the Trust Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the Trust Fund.
Appears in 3 contracts
Samples: Hazardous Waste Management Trust Agreement, Hazardous Waste Management Trust Agreement, Trust Agreement
Annual Valuations. The Trustee shall annually, at least 30 days prior to the anniversary date of the establishment of the Trust Fund, furnish to the Grantor and to the Director Agency Commissioner a written statement of confirming the current value of the Trust FundTrust. Any securities in the Trust Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the Trust 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 Agency
Appears in 1 contract
Samples: Trust Agreement
