Common use of Regarding the Tribal Allocation Subaccount Clause in Contracts

Regarding the Tribal Allocation Subaccount. the Trustee shall provide cumulative and calendar year accounting, as of the Financial Reporting Date, of: (i) the initial allocation of Trust Assets in the Tribal Allocation Subaccount; (ii) any allocation adjustments pursuant to this Indian Tribe Trust Agreement; (iii) line item descriptions of completed disbursements on account of approved Eligible Mitigation Action; and (iv) the remaining and projected amount in the Tribal Allocation Subaccount. Such accounting shall also include, for each Beneficiary, a balance statement and projected annual budget of disbursements taking into account those Eligible Mitigation Actions that have been approved as of the Financial Reporting Date;

Appears in 6 contracts

Samples: Environmental Mitigation Trust Agreement, Environmental Mitigation Trust Agreement, www.4cleanair.org

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