Remuneration for Environmental Response Trustee’s Start-Up Fees and Expenses Sample Clauses

Remuneration for Environmental Response Trustee’s Start-Up Fees and Expenses. The Environmental Response Trustee shall be entitled to remuneration from the Environmental Response Trust Administrative Account of up to $130,000 for its reasonable fees and expenses in connection with the formation of the Environmental Response Trust prior to the Effective Date. Within 60 days of the Effective Date, the Environmental Response Trustee will submit detailed invoices reflecting its pre-Effective Date fees and expenses for approval by the EPA. Where the Environmental Response Trustee, the United States, and the relevant Lead Agency jointly agree in writing that the Environmental Response Trustee accrued pre-Effective Date fees and expenses in furtherance of activities that post-Effective Date would constitute an Environmental Action, those pre-Effective Date fees and expenses shall be paid from any applicable Environmental Response Trust Environmental Cost Account.
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