Payment for Undertaking Perpetual Management Activities Sample Clauses

Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Grantor or the Secretary or Executive Director of the Agency, or designee, shall direct in writing to provide for the payment of the costs of undertaking activities to provide for the perpetual management of the Mitigation Bank covered by this Agreement pursuant to the requirements of the Mitigation Bank Permit. The Trustee shall reimburse persons specified by the Grantor or the Agency from the Fund for perpetual management expenditures in such amounts as the Grantor or the Agency shall direct in writing. In the event of conflicting instructions from the Grantor and the Agency, the Agency’s instructions shall prevail. The Trustee shall not make any payments from the principal of the Fund pursuant to the Grantor’s direction without the Department’s written consent. The Trustee shall cease honoring Grantor’s instructions if so directed by the Agency in writing. In addition, the Trustee shall refund to the Grantor such amounts as the Agency specifies in writing as unnecessary or excessive corpus for purposes of the trust. Upon refund, such funds shall no longer constitute part of the Fund as defined herein. (a) Any obligation of Grantor under a workers’ compensation, disability benefits, or unemployment compensation law or other similar law; (b) Bodily injury to an employee of Grantor arising from, and in the course of employment by Grantor; (c) Bodily injury or non-realty property damage arising from the ownership, maintenance, use, or entrustment to others by Grantor of any aircraft, motor vehicle, or watercraft; (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Grantor that is not the direct result of the construction and implementation of the Mitigation Bank; or (e) Bodily injury or property damage for which Grantor is obligated to pay damages by reason of the assumption of liability in a contract or agreement.
Sample 1Sample 2Sample 3See All (7)
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Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Regulation Director shall direct in writing to provide for the payment of the costs of undertaking activities to provide for the perpetual management of the mitigation bank covered by this Agreement pursuant to the requirements of the mitigation bank permit. The Trustee shall reimburse persons specified by the District from the Fund for perpetual management expenditures in such amounts as the District shall direct in writing. In addition, the Trustee shall refund to the Grantor such amounts as the District specifies in writing. Upon refund, such funds shall no longer constitute part of the Fund as defined herein. (a) Any obligation of Grantor under a workers' compensation, disability benefits, or unemployment compensation law or other similar law; (b) Bodily injury to an employee of Grantor arising from, and in the course of employment by Grantor; (c) Bodily injury or non-realty property damage arising from the ownership, maintenance, use, or entrustment to others of any aircraft, motor vehicle, or watercraft; (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Grantor that is not the direct result of the perpetual management of the mitigation bank; (e) Bodily injury or property damage for which Grantor is obligated to pay damages by reason of the assumption of liability in a contract or agreement.
Sample 1Sample 2See All (5)
Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Secretary or Executive Director of the Agency or designee shall direct in writing, to provide for the payment of the costs of undertaking activities to provide for the perpetual management of the mitigation bank covered by this Agreement pursuant to the requirements of the Mitigation Bank Permit. The Trustee shall reimburse persons specified by the Agency from the Fund for perpetual management expenditures in such amounts as the Agency shall direct in writing. In addition, the Trustee shall refund to the Grantor such amounts as the Agency specifies in writing as unnecessary or excessive corpus for purposes of the trust. Upon refund, such funds shall no longer constitute part of the Fund as defined herein. (a) Any obligation of Grantor under a workers’ compensation, disability benefits, or unemployment compensation law or other similar law; (b) Bodily injury to an employee of Grantor arising from, and in the course of employment by Grantor; (c) Bodily injury or non-realty property damage arising from the ownership, maintenance, use, or entrustment to others by Grantor of any aircraft, motor vehicle, or watercraft; (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Grantor that is not the direct result of the construction and implementation of the mitigation bank; or (e) Bodily injury or property damage for which Grantor is obligated to pay damages by reason of the assumption of liability in a contract or agreement.
Sample 1Sample 2
Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Grantor or the Environmental Resource Permitting Bureau Chief, or designee, shall direct in writing to provide for the payment of the costs of undertaking activities to provide for the perpetual management of the mitigation bank covered by this Agreement pursuant to the requirements of the mitigation bank permit. The Trustee shall reimburse persons specified by the Grantor or the District from the Fund for perpetual management expenditures in such amounts as the Grantor or the District shall direct in writing. In the event of conflicting instructions from the Grantor and the District, the District’s instructions shall prevail. The Trustee shall not make any payments from the principal of the Fund pursuant to the Grantor’s direction without the District’s written consent. The Trustee shall cease honoring Xxxxxxx’s instructions if so directed by the District in writing. In addition, the Trustee shall refund to the Grantor such amounts as the District specifies in writing. Upon refund, such funds shall no longer constitute part of the Fund as defined herein. The Fund may not be drawn upon to cover any of the following: Any obligation of Grantor under a workers’ compensation, disability benefits, or unemployment compensation law or other similar law: Bodily injury to an employee of Grantor arising from, and in the course of employment by Xxxxxxx:
Sample 1
Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Grantor or the Environmental Resource Permitting Bureau Chief, or designee, shall direct in writing to provide for the payment of the costs of undertaking activities to provide for the perpetual management of the mitigation bank covered by this Agreement pursuant to the requirements of the mitigation bank permit. The Trustee shall reimburse persons specified by the Grantor or the District from the Fund for perpetual management expenditures in such amounts as the Grantor or the District shall direct in writing. In the event of conflicting instructions from the Grantor and the District, the District’s instructions shall prevail. The Trustee shall not make any payments from the principal of the Fund pursuant to the Grantor’s direction without the District’s written consent. The Trustee shall cease honoring Grantor’s instructions if so directed by the District in writing. In addition, the Trustee shall refund to the Grantor such amounts as the District specifies in writing. Upon refund, such funds shall no longer constitute part of the Fund as defined herein. (a) Any obligation of Grantor under a workers’ compensation, disability benefits, or unemployment compensation law or other similar law: (b) Bodily injury to an employee of Grantor arising from, and in the course of employment by Grantor: (c) Bodily injury or non-realty property damage arising from the ownership, maintenance, use, or entrustment to others of any aircraft, motor vehicle, or watercraft: (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Grantor that is not the direct result of the construction and implementation of the mitigation bank; (e) Bodily injury or property damage for which Grantor is obligated to pay damages by reason of the assumption of liability in a contract or agreement.
Sample 1
Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Grantor or the Deputy Executive Director of Resource Regulation shall direct in writing to provide for the payment of the costs of undertaking activities to provide for the perpetual management (a) Any obligation of Grantor under a workers’ compensation, disability benefits, or unemployment compensation law or other similar law: (b) Bodily injury to an employee of Grantor arising from, and in the course of employment by Xxxxxxx: (c) Bodily injury or non-realty property damage arising from the ownership, maintenance, use, or entrustment to others of any aircraft, motor vehicle, or watercraft: (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Grantor that is not the direct result of the construction and implementation of the mitigation bank; (e) Bodily injury or property damage for which Grantor is obligated to pay damages by reason of the assumption of liability in a contract or agreement.
Sample 1
Payment for Undertaking Perpetual Management Activities. The Trustee shall make payments from the Fund as the Secretary or Executive Director of the Agency or designee shall direct in writing, to provide for the payment of the costs of undertaking activities to provide for the perpetual management of the mitigation bank covered by this Agreement pursuant to the requirements of the Mitigation Bank Permit. The Trustee shall reimburse persons specified by the Agency from the Fund for perpetual management expenditures in such amounts as the Agency shall direct in writing. In addition, the Trustee shall refund to the Grantor such amounts as the Agency specifies in writing as unnecessary or excessive corpus for purposes of the trust. Upon refund, such funds shall no longer constitute part of the Fund as defined herein. The Fund may not be drawn upon to cover any of the following: (a) Any obligation of Grantor under a workers’ compensation, disability benefits, or unemployment compensation law or other similar law; (b) Bodily injury to an employee of Grantor arising from, and in the course of employment by Grantor; (c) Bodily injury or non-realty property damage arising from the ownership, maintenance, use, or entrustment to others by Grantor of any aircraft, motor vehicle, or watercraft; (d) Property damage to any property owned, rented, loaned to, in the care, custody, or control of, or occupied by Grantor that is not the direct result of the construction and implementation of the mitigation bank; or (e) Bodily injury or property damage for which Grantor is obligated to pay damages by reason of the assumption of liability in a contract or agreement.
Sample 1
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Related to Payment for Undertaking Perpetual Management Activities

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