Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 7, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNR, or by the Trustee and IDNR, 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
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 714 of this Appendix above, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe Department, if the Grantor ceases to exist. Upon termination Termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract
Samples: Standby Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 715, this Trust trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNRthe NRC or State agency, or by the Trustee and IDNRthe NRC or State agency, if the Grantor ceases to exist. Upon termination of the Trust, all trust,-all remaining trust property, less final trust administration expenses, ,. shall be delivered to the Grantor. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibilityits successor.
Appears in 1 contract
Samples: Standby Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 714, this Trust shall be trust is irrevocable and shall continue continues until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNREcology, if the Grantor ceases to exist. Upon termination of the Trusttrust, all remaining trust property, less final trust administration expenses, shall must be delivered to the Grantor. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract
Samples: Standby Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 715, this Trust trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNRNRC, or by the Trustee and IDNR, 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 Grantor. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibilityits successor.
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 713, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe State Water Control Board, 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
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 714, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe DEP 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 714, this Trust shall be trust is irrevocable and shall continue continues until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe Washington State Department of Ecology, if the Grantor ceases to exist. Upon termination of the Trusttrust, all remaining trust property, less final trust administration expenses, shall must be delivered de- livered to the Grantor. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
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 714, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe GAEPD Director 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract
Samples: Underground Storage Tank Standby Trust Fund Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 715, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNRthe TCEQ executive director, or by the Trustee and IDNR, the TCEQ executive 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
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 7, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNR, or by the Trustee and IDNR, 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract
Samples: Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend arnend this Agreement as provided in Section 714, this Trust trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNRthe NRC or State agency, or by the Trustee and IDNRthe NRC or State agency, 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibilityits successor.
Appears in 1 contract
Samples: Standby Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 714, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe State Water Control Board, 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract
Samples: Fully Funded Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 715, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNRthe Division, or by the Trustee and IDNRthe Division, 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 GrantorGrantor or its successor. Pursuant The Division will agree to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by termination of the Grantor only if Trust when the Grantor licensee substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibilityassurance.
Appears in 1 contract
Samples: Standby Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 714, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and IDNRthe Agency Commissioner, or by the Trustee and IDNRthe Agency Commissioner, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered paid to the Grantor. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
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 713, this Trust shall be irrevocable and shall continue until terminated at the written agreement direction of the Grantor, Grantor and the Trustee, and IDNR, or by the Trustee and IDNRthe GAEPD Director 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. Pursuant to IAC 567 Chapter 113.14(6)“a”, said Agreement may be terminated by the Grantor only if the Grantor substitutes alternative financial assurance or if the Grantor is no longer required to demonstrate financial responsibility.
Appears in 1 contract