Environmental Custodial Trust Funding definition

Environmental Custodial Trust Funding means Cash in the total aggregate amount of approximately $266.5 million that ASARCO shall allocate and disburse to the various Environmental Custodial Trusts for remediation and restoration of, and other environmental costs related to, the Designated Properties, as further described in the Environmental Custodial Trust Settlement Agreements.
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Environmental Custodial Trust Funding means, with respect to each Environmental Custodial Trust, Cash that shall be disbursed to each such Trust to fund remediation and restoration of, and other environmental costs related to, the Designated Properties, as listed on Parent’s Plan Exhibit 18.
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Examples of Environmental Custodial Trust Funding in a sentence

  • Any Administrative Claims of the United States or any individual state under civil Environmental Laws relating to the Designated Properties shall be addressed through the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Funding, and the Environmental Custodial Trust Administration Funding to be paid by ASARCO to the Environmental Custodial Trusts.

  • Any Subsequent Administrative Claims of the United States or any individual state under civil Environmental Laws relating to the Designated Properties shall be addressed through the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Funding, and the Environmental Custodial Trust Administration Funding to be paid by ASARCO to the Environmental Custodial Trusts.

  • Accord- ing to the Court, the UK judge when deciding the case proceeded with the neces- sary caution, being aware of the need to ensure appropriate procedural guaran- tees of the defence and the right of the complainants to a fair trial.

  • Funding, the Environmental Custodial Trust Funding, the Liquidation Trust Expense Fund, the SCC Litigation Trust Expense Fund, and; (b) paid $27.5 million in Cash for purposes of Asbestos Trust Expenses; and (c) made the Class 4 Payment.

  • Once all Designated Elected Properties in any Environmental Custodial Trust have been cleaned up to regulatory closure and liquidated, any remaining applicable Environmental Custodial Trust Administration Funding, Environmental Custodial Trust Funding, proceeds from the sale of the applicable Designated Elected Properties, and any other Cash or assets of such Environmental Custodial Trust shall be distributed according to the terms of the applicable Environmental Custodial Trust Agreement.

  • Plan Funds” means, with respect to the Debtors’ Plan, the funds remaining from the Available Plan Sales Proceeds and the Distributable Cash, after the Debtors’ Plan Administrator has fully funded the Debtors’ Plan Administration Reserve, the Environmental Custodial Trust Administration Funding, the Environmental Custodial Trust Funding, the Litigation Expense Fund, the SCC Litigation Expense Fund, and the Residual Assets Liquidation Expense Fund.

  • With respect to each Designated Property transferred to an Environmental Custodial Trust, the amounts of Environmental Custodial Trust Administration Funding and Environmental Custodial Trust Funding listed in Parent’s Plan Exhibit 16-B shall be transferred to the applicable Environmental Custodial Trust on account of each such Designated Elected Property.

  • Any Administrative Claims of the United States or any individual state under civil Environmental Laws relating to the Designated Properties shall be addressed through the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Funding, and the Environmental Custodial Trust Administration Funding to be paid by ASARCO to the Environmental Custodial Trusts pursuant to this Plan.

Related to Environmental Custodial Trust Funding

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

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

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

  • 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.

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

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

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

  • 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).

  • 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.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

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

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

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

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

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

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