Common use of Unclaimed Distributions Clause in Contracts

Unclaimed Distributions. Upon the termination of the Environmental Response Trust, and after payment of all obligations of the Environmental Response Trust in accordance with applicable law, the Environmental Response Trust Administrative Trustee shall, as expeditiously as is consistent with the conservation and preservation of the Environmental Trust Assets, distribute any remaining assets in the Environmental Response Trust in accordance with this Agreement and the terms of Paragraphs 53, 54, 77, and 82 of the Settlement Agreement.

Appears in 4 contracts

Samples: Environmental Response Trust Agreement, Environmental Response Trust Agreement, Environmental Response Trust Agreement

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