Environmental Custodial Trust Assets definition

Environmental Custodial Trust Assets means the Designated Properties and related contracts, fixtures, and personalty to be transferred to the Environmental Custodial Trusts in accordance with the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Administration Funding, and the Environmental Custodial Trust Funding.
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Environmental Custodial Trust Assets means, with respect to each Environmental Custodial Trust (a) the Designated Elected Properties and related contracts, fixtures, and personalty transferred to such Environmental Custodial Trust, (b) the Environmental Custodial Trust Administration Funding, and (c) the Environmental Custodial Trust Funding.
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Examples of Environmental Custodial Trust Assets in a sentence

  • The Parent’s Plan Administrator shall maintain the Environmental Custodial Trust Assets in the Disputed Claims Reserve pending such final resolution.

  • To the extent that, on the Effective Date, the DOJ or any agency represented by the DOJ maintains a claim that it is entitled to setoff environmental claims held by such agency against the Tax Refund, then the Plan Administrator shall include the Tax Refund in the Environmental Custodial Trust Assets, releasing an equivalent amount of Cash to fund other distributions required under the Parent’s Plan.

  • On the Effective Date (or as soon thereafter as is reasonably practicable), the Parent’s Plan Administrator shall (i) fund the Section 524(g) Trust with the Section 524(g) Trust Assets, (ii) fund the Environmental Custodial Trusts with the Environmental Custodial Trust Assets, (iii) fund the Disputed Claims Reserve as provided for in Article 13.8 hereof, (iv) fund the Litigation Trust with the Litigation Trust Assets; and (v) fund the SCC Litigation Trust with the SCC Litigation Trust Expense Fund.

  • On the Effective Date (or as soon thereafter as is reasonably practicable), the Parent’s Plan Administrator shall (i) fund the Section 524(g) Trust with the Section 524(g) Trust Assets, (ii) fund the Environmental Custodial Trusts with the Environmental Custodial Trust Assets, and (iii) fund the Disputed Claims Reserve as provided for in Article 13.8 hereof, in accordance with the Parent’s Plan.

  • In exchange for the Environmental Custodial Trust Assets, each Environmental Custodial Trust shall assume liability for all Environmental Trust Claims with respect to the Designated Elected Properties transferred to it.

  • To the extent that, on the Effective Date, the DOJ or any agency represented by the DOJ maintains a claim that it is entitled to setoff environmental claims held by such agency against the Tax Refund, then the Plan Administrator will include the Tax Refund in the Environmental Custodial Trust Assets, releasing an equivalent amount of Cash to fund other distributions required under the Parent’sPlan.

  • The Parent’s Plan Administrator shall maintain the Environmental Custodial Trust Assets in the Disputed Claims Reserve pending such final resolution.2.2 Priority Tax Claims.

Related to Environmental Custodial Trust Assets

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Certificate Custodian Initially, Wachovia Bank, National Association; thereafter any other Certificate Custodian acceptable to The Depository Trust Company and selected by the Trustee.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Custodial agency means an agency of the government designated to act on behalf of the government owner of the disposal site.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • Custodial File As to each Mortgage Loan, any mortgage loan documents which are delivered to the Custodian or which at any time come into the possession of the Custodian as set forth in Section 2 of this Custodial Agreement.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).