Common use of Establishment of Fund Clause in Contracts

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund (the Fund) for the benefit of the NRC. The Grantor and the Trustee intend that no third party have access to the Fund except as provided herein.

Appears in 3 contracts

Samples: Trust Agreement, the Agreement, Trust Agreement, the Agreement, Trust Agreement

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Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund (the Fund) for the benefit of the NRC. The Grantor and the Trustee intend that no third party have access to the Fund except as provided herein.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund (the Fund) for the benefit of the NRC. The Grantor and the Trustee intend that no third party shall have access to the Fund except as provided herein.

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a standby decommissioning trust fund (the Fund) for the benefit of the NRC. The Grantor and the Trustee intend that no third party shall have access to the Fund except as provided herein. This Trust Agreement shall not become effective until approved by NRC.

Appears in 1 contract

Samples: Trust Agreement

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Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund (the Fund) t ast for the benefit of the NRC. The Grantor and the Trustee intend that no third party have access to the Fund fund except as provided herein.. This Standby Trust is to be funded when:

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund (the Fund) for the benefit of the NRC. The Grantor and the Trustee . intend that no third party have access to the Fund except as provided herein.. _ _ _ _ _ _

Appears in 1 contract

Samples: Trust Agreement

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