Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the Agency. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to the Agency’s instructions are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the Agency, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 14 contracts
Samples: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement
Establishment of Fund. The Grantor grantor and the Trustee trustee hereby establish a trust fund (fund, the Fund)"fund", for the benefit of the Agencylicensing authority. The Grantor grantor and the Trustee trustee intend that no third party have access to the Fund fund except as herein provided. The Fund fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are trustee, described in schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and trustee is referred to as the Fundfund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee trustee pursuant to this Agreementagreement. The Fund shall fund will be held by the Trusteetrustee, IN TRUST for the benefit of the Agencyin trust, as hereinafter provided. The Trustee trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantorgrantor, any payments necessary to discharge any liabilities of the Grantor grantor established by the Agencylicensing authority.
Appears in 8 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyDistrict. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor provider of financial assurance pursuant to the AgencyDistrict’s instructions are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, District as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDistrict.
Appears in 6 contracts
Samples: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), ) for the benefit of the AgencyFDEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyFDEP.
Appears in 5 contracts
Samples: Solid Waste Facility Trust Fund Agreement, Trust Fund Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund)", for the benefit of the AgencyNDEQ. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyNEVERTHELESS, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any and payments necessary to discharge any liabilities of the Grantor established by the AgencyNDEQ.
Appears in 4 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyAgency (hereafter sometimes referred to as the “Beneficiary”). The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $ into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible responsible, nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 4 contracts
Samples: Trust Fund Agreement, Trust Fund Agreement, Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyFDEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor provider of financial assurance pursuant to instructions from the Agency’s instructions FDEP Secretary or the Secretary's designee ("designee") are transferred to the Trustee and are referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the GrantorGrantor as provider of financial assurance, any payments necessary to discharge any liabilities liability of the Grantor established by the AgencyFDEP.
Appears in 4 contracts
Samples: Storage Tank Trust Fund Agreement, Storage Tank Trust Fund Agreement, Storage Tank Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyAgency (hereafter sometimes referred to as the “Beneficiary”). The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $________ into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 4 contracts
Samples: Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement, Mitigation Bank Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the Agency. Agency (hereafter sometimes referred to as the “Beneficiary”) The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $ into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 3 contracts
Samples: Trust Fund Agreement, Trust Fund Agreement, Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyDivision. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible responsible, nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDivision.
Appears in 3 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyDepartment. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee Trustee, pursuant to this Agreement. The Fund fund shall be held by the Trustee, Trustee IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDepartment.
Appears in 2 contracts
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyDistrict. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to the AgencyDistrict’s instructions are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyDistrict, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDistrict.
Appears in 2 contracts
Samples: Mitigation Bank Standby Trust Fund Agreement, Mitigation Bank Standby Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyADEQ. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyADEQ.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the Agency. Agency (hereafter sometimes referred to as the “Beneficiary”) The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $________ into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 2 contracts
Samples: Trust Fund Agreement, Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund)”, for the benefit of the Agencya NDEQ. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyNDEQ.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyDEEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDEEP.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the Agency. Agency (hereafter sometimes referred to as the “Beneficiary”) The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $ 397,944.50 into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 1 contract
Samples: Mitigation Bank Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyNJDEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyNJDEP.
Appears in 1 contract
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the Agency. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. This property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings earnings, and profits thereonon earnings, less any payments or distributions made by the Trustee pursuant to under this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyTCEQ. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyTCEQ.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyAgency (hereafter sometimes referred to as the “Beneficiary”). The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $ into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible responsible, nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 1 contract
Samples: Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyGAEPD. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor provider of financial assurance pursuant to instructions from the AgencyGAEPD Director or the Director’s instructions designee ("designee") are transferred to the Trustee and are referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the GrantorGrantor as provider of financial assurance, any payments necessary to discharge any liabilities liability of the Grantor established by the AgencyGAEPD.
Appears in 1 contract
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyDistrict. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to the Agency’s District's instructions are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyDistrict, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDistrict.
Appears in 1 contract
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the Agency. Agency (hereafter sometimes referred to as the “Beneficiary”) The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to the Agency’s instructions are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 1 contract
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyDEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor provider of financial assurance pursuant to instructions from the Agency’s instructions DEP Secretary or the Secretary's designee ("designee") are transferred to the Trustee and are referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the GrantorGrantor as provider of financial assurance, any payments necessary to discharge any liabilities liability of the Grantor established by the AgencyDEP.
Appears in 1 contract
Samples: Storage Tank Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyDEEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein here in provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDEEP.
Appears in 1 contract
Samples: Trust Agreement for Closure
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), for the benefit of the AgencyAgency (hereafter sometimes referred to as the “Beneficiary”). The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist of any property. Payments made by the Grantor pursuant to Grantor’s deposit of $ into the Agency’s instructions Fund. Such monies and other monies subsequently placed in the Fund are transferred to the Trustee and referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST TRUST, for the benefit of the Agency, Agency as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the Agency.
Appears in 1 contract
Samples: Mitigation Bank Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (the Fund), ) for the benefit of the AgencyFDEP. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B2 attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyFDEP.
Appears in 1 contract
Samples: Trust Fund Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the ``Fund), ,'' for the benefit of the AgencyConnecticut Department of Energy and Environmental Protection (“DEEP”). The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDEEP.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyNCDEQ. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyNCDEQ.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), ," for the benefit of the AgencyDivision. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDivision.
Appears in 1 contract
Samples: Trust Fund / Standby Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund)", for the benefit of the AgencyIEPA. The Grantor and the Trustee intend that no other third party have access to the Fund except as herein providedprovided in this agreement. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached to this agreement. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereonon the Fund, less any payments or distributions made by the Trustee pursuant to this Agreementagreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the Agencyin trust, as hereinafter providedprovided in this agreement. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyGrantor.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyDepartment. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDepartment.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the “Fund), ,” for the benefit of the AgencyDEQ. The Grantor and the Trustee intend that no third party have access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyDEQ.
Appears in 1 contract
Samples: Trust Agreement
Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund (fund, the "Fund), " for the benefit of the AgencyBeneficiary. The Grantor and the Trustee intend that no third party have has access to the Fund except as herein provided. The Fund is established initially as a standby to receive payments and shall not consist consisting of any the property. Payments made by the Grantor pursuant , which is acceptable to the Agency’s instructions are Trustee, described in Schedule B attached hereto. Such property and any other property subsequently transferred to the Trustee and is referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Trustee pursuant to this Agreement. The Fund shall be held by the Trustee, IN TRUST for the benefit of the AgencyTRUST, as hereinafter provided. The Trustee shall not be responsible nor shall it undertake any responsibility for the amount or adequacy of, nor any duty to collect from the Grantor, any payments necessary to discharge any liabilities of the Grantor established by the AgencyBeneficiary.
Appears in 1 contract
Samples: Trust Agreement