Examples of Environmental Trust Parties in a sentence
No Beneficiary shall be deemed to be an owner, operator, Environmental Trustee, partner, agent, shareholder, officer, or director of the Environmental Response Trust or the Environmental Trust Parties, or to be an owner or operator of any of the DPH Sites, solely on account of this Agreement or the Stipulation and Settlement Agreement, or actions contemplated thereby, or its status as a Beneficiary or party to this Agreement or the Stipulation and Settlement Agreement.
This meant that border agencies needed talk to each other to move such goods quickly.
This Stipulation and Settlement Agreement applies to, is binding upon, and shall inure to the benefit of the Parties, the Environmental Trust Parties, their legal successors and assigns, and any trustee, examiner, or receiver appointed in the Bankruptcy Cases.
Except as otherwise provided in Paragraph 41, in no event shall any of the Environmental Trust Parties be held liable to any third parties for any liability, action, or inaction of any other party, including Reorganized Debtors or any other Environmental Trust Party.
The Governments expressly reserve, and this Settlement Agreement is without prejudice to, all rights against the Debtors, Lender Parties, PHI, the Liquidation Trust, and the Environmental Trust Parties, with respect to all matters other than those set forth in the Covenants.
Except as otherwise provided in Paragraph 69, in no event shall any of the Environmental Trust Parties be held liable to any third parties for any liability, action, or inaction of any other party, including Debtors, Lender Parties or any other Environmental Trust Party.
No Beneficiary shall be deemed to be an owner, operator, partner, agent, shareholder, officer, or director of the Environmental Response Trust or the Environmental Trust Parties, or to be an owner or operator of any Designated Site, solely on account of this Agreement or the Consent Decree and Settlement Agreement, or actions contemplated thereby, or its status as a Beneficiary or party to this Agreement or the Consent Decree and Settlement Agreement.
The Environmental Trust Parties shall further be indemnified and exculpated in accordance with Section 4.9 of this Agreement.