Common use of Irrevocability and Termination Clause in Contracts

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP Secretary, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 6 contracts

Samples: Hazardous Waste Facility Standby Trust Fund Agreement, Hazardous Waste Facility Trust Fund Agreement, Trust Fund Agreement

AutoNDA by SimpleDocs

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, or designee, or by the Trustee and the FDEP Secretary, or designee, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 5 contracts

Samples: Solid Waste Facility Trust Fund Agreement, Solid Waste Facility Standby Trust Fund Agreement, Solid Waste Facility Standby Trust Fund Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1614, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP Secretary, State Fire Marshal if the Grantor ceases to exist. Upon termination of the Trusttrust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 4 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1613, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP SecretarySecretary or designee, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 4 contracts

Samples: Storage Tank Trust Fund Agreement, Storage Tank Trust Fund Agreement, Storage Tank Trust Fund Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement Agreement, as provided in Section 1615, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, Trustee and the FDEP Secretary, Department or by of the Trustee and the FDEP SecretaryDepartment, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 4 contracts

Samples: Remediation Trust Fund Agreement, Remediation Trust Fund Agreement, Remediation Trust Fund Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryNDEQ Director, or by the Trustee and the FDEP Secretary, NDEQ Director if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 4 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretarycommissioner, or by the Trustee and the FDEP Secretarycommissioner, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement for Closure, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDivision, or by the Trustee and the FDEP SecretaryDivision, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at by the written agreement of the Grantor, the Trustee, and the FDEP SecretaryKDHE, or by the Trustee and the FDEP Secretary, KDHE if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration administrative expenses, shall be delivered to the Grantor.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1615, this Trust trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryNRC, or by the Trustee and the FDEP Secretary, NRC if the Grantor ceases to exist. Upon termination of the Trusttrust, all remaining trust property, less final trust administration expenses, shall be delivered to the GrantorGrantor or its successor.

Appears in 2 contracts

Samples: Standby Trust Agreement, Standby Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretaryadministrative authority, or by the Trustee and the FDEP Secretaryadministrative authority, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall will be irrevocable and shall will continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, director or by the Trustee and the FDEP Secretary, director if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall will be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDEQ, or by the Trustee and the FDEP SecretaryDEQ, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. The DEQ will agree to termination of the Trust when the permit holder or applicant substitutes alternate financial assurance as specified in this section.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1614, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP SecretarySecretary or designee, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Storage Tank Standby Trust Fund Agreement, Storage Tank Standby Trust Fund Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretarydirector, or by the Trustee and the FDEP Secretarydirector, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretarydirector, or by the Trustee and the FDEP Secretarydirector, if the Grantor ceases to exist. Upon termination of the Trust, Trust all remaining trust property, less final trust administration expenses, expenses shall be delivered to the Grantor. The director will agree to termination of the Trust when the owner or operator substitutes alternate financial assurance as specified in this section.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1614, this Trust trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, Trustee and the FDEP SecretaryNRC, or by the Trustee and the FDEP Secretary, NRC if the Grantor ceases to exist. Upon termination of the Trusttrust, all remaining trust property, less final trust administration expenses, to the extent not paid directly to the Trustee, shall be delivered to the GrantorGrantor or its successor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryCommissioner of the NJDEP, or by the Trustee and the FDEP SecretaryCommissioner of the NJDEP, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement for Closure and/or Post Closure

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryNDEQ Director, or by the Trustee and the FDEP SecretaryNDEQ Director, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1617, this Trust shall be irrevocable and shall continue until terminated at any time by the written agreement of the Grantor, the Trustee, and the FDEP SecretaryCommissioner, or by the Trustee and the FDEP SecretaryCommissioner, if the Grantor ceases to existexist or until 30 days following the end of the period of closure and/or post-closure care for the facility. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretarydirector, or by the Trustee and the FDEP Secretarydirector, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. The director will agree to termination of the Trust when the owner or operator substitutes alternate financial assurance as specified in this section.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDepartment, or by the Trustee and the FDEP SecretaryDepartment, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Standby Trust Fund Agreement, Trust Fund Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryADEQ Director, or by the Trustee and the FDEP SecretaryADEQ Director, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDirector of the Division, or by the Trustee and the FDEP SecretaryDirector of the Division, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust Trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretarycommissioner of Energy and Environmental Protection, or by the Trustee and the FDEP Secretarycommissioner of Energy and Environmental Protection, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, Trustee and the FDEP Secretary, or by the Trustee and the FDEP Secretary, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. The FDEP Secretary will agree to termination of the Trust when the owner or operator substitutes alternate financial assurance as specified in this section.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1613, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP SecretaryDEP Secretary or designee, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Storage Tank Trust Fund Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDivision, or by the Trustee and the FDEP SecretaryDivision, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Fund / Standby Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryBeneficiary, or by the Trustee and the FDEP SecretaryBeneficiary, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement Agreement, as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretaryadministrative authority, or by the Trustee and the FDEP Secretaryadministrative authority, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, Trustee and the FDEP SecretaryIEPA Director or his/her designee, or by the Trustee and the FDEP SecretaryIEPA Director or his/her designee, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryCOMMISSIONER, or by the Trustee and the FDEP SecretaryCOMMISSIONER, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. The COMMISSIONER will agree to termination of the Trust when the owner or operator substitutes alternate financial assurance as specified in this section.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryAgency Commissioner, or by the Trustee and the FDEP SecretaryAgency Commissioner, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 13 and in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryAgency Commissioner, or by the Trustee and the FDEP SecretaryAgency Commissioner, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor or to any successors or assigns of the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDEQ Director, or by the Trustee and the FDEP SecretaryDEQ Director, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDEQ Director, or by the Trustee and the FDEP SecretaryDEQ Director, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP Secretary, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, EPD Director or by the Trustee and the FDEP SecretaryEPD Director, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. The EPD Director will agree to termination of the Trust when the owner or operator substitutes alternate financial assurance as specified in this section.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this his Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryNDEQ, or by the Trustee and the FDEP SecretaryNDEQ, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, EPD Director or by the Trustee and the FDEP Secretary, EPD Director if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryBeneficiary, or by the Trustee and the FDEP SecretaryBeneficiary, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. The Beneficiary will agree to termination of the Trust when the owner or operator substitutes alternate financial assurance as specified in this section.

Appears in 1 contract

Samples: Trust Agreement

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP SecretaryDepartment, or by the Trustee and the FDEP SecretaryDepartment, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

Appears in 1 contract

Samples: Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!