Common use of Establishment of Fund Clause in Contracts

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up to $1 million] per occurrence and [up to $2 million] annual -[up to $6 million] annual aggregate for non-sudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

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Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up [up to $1 million] million] per occurrence and [up [up to $2 million] million] annual -[up aggregate for sudden accidental occurrences and [up to $3 million] per occurrence and [up to $6 million] million] annual aggregate for non-sudden nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund, hereinafter hereafter the "Fund," ”, for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up [up to $1 million] million] per occurrence and [up [up to $2 million] million] annual -[up aggregate for sudden accidental occurrences and [up to $3 million] per occurrence and [up to $6 million] million] annual aggregate for non-sudden nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Waste Management Facility

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] , nonsudden accidental occurrences arising from operation of the facility(iesfacility(ies)/TTU(s) covered by this guaranteeGuarantee, in the amounts of [of: Per occurrence Annual aggregate Sudden accidental occurrences $ $ up to $1 million] per occurrence and [one million dollars up to $2 million] annual -[up two million dollars Nonsudden accidental occurrences $ $ up to $6 million] annual aggregate for non-sudden occurrences, three million dollars up to six million dollars except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up ---------[up to $1 million] per occurrence and [up to $2 million] annual -[up aggregate for sudden accidental occurrences and -------- [up to $3 million] per occurrence and [up to $6 million] annual aggregate for non-sudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

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Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [(sudden or non-sudden] and/or nonsudden) accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [(up to $1 million] ) per occurrence and [(up to $2 million] ) annual -[up aggregate for sudden accidental occurrences and (up to $3 million) per occurrence and (up to $6 million] ) annual aggregate for non-sudden nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement for Liability

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," ", for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) [sudden and/or nonsudden] covered by this guarantee, in the amounts of per occurrence and [up to $1 million] per occurrence and [up to $2 million] annual -[up aggregate for sudden accidental occurrences and per occurrence and [up to $6 3 million] annual aggregate for non-sudden nonsudden occurrences, except that the Fund is not [up to $6 million] established for the benefit of third parties for the following:

Appears in 1 contract

Samples: floridadep.gov

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