Common use of Certification of Legal Compliance and Disposition of Unused Funds Clause in Contracts

Certification of Legal Compliance and Disposition of Unused Funds. The Beneficiary certifies and agrees that, in connection with all actions related to the Trust and the Trust Agreement, the Beneficiary has followed and will follow all applicable law and will assume full responsibility for its decisions in that regard. The Beneficiary further certifies that all funds received on account of any Eligible Mitigation Action request that are not used for the Eligible Mitigation Action shall be returned to the Trust for credit to the Beneficiary’s allocation.

Appears in 19 contracts

Samples: Environmental Mitigation Trust Agreement, Environmental Mitigation Trust Agreement, Environmental Mitigation Trust Agreement

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Certification of Legal Compliance and Disposition of Unused Funds. The Beneficiary certifies and agrees that, in connection with all actions related to the Trust and the Trust Agreement, the Beneficiary has followed and will follow all applicable law and will assume full responsibility for its decisions in that regard. The Beneficiary further certifies that all funds received on account of any Eligible Mitigation Action request that are not used for the Eligible Mitigation Action shall be returned to the Trust for credit to the Beneficiary’s allocationTribal Allocation Subaccount.

Appears in 6 contracts

Samples: Environmental Mitigation Trust Agreement, Environmental Mitigation Trust Agreement, www.4cleanair.org

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