Trust Administration Costs definition

Trust Administration Costs means all expenditures of Trust Assets by the Trustee.
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Trust Administration Costs has the meaning given to that term in the Unit Holders Deed; unexpected contamination means any contamination at the site which is not baseline contamination;
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Examples of Trust Administration Costs in a sentence

  • The Trustee shall debit those Trust Administration Costs associated with a particular Eligible Mitigation Action request against the Trust Administration Cost Subaccount allocation of the Beneficiary that requested the funds associated with that Eligible Mitigation Action.

  • The Trustee shall debit all other Trust Administration Costs (“Shared Administration Costs”) among all Beneficiaries, weighted in accordance with each Beneficiary’s Trust Administration Cost Subaccount allocation in place at the time such costs are incurred.

  • On the tenth anniversary of the Trust Effective Date, the Trustee shall file with the Court, deliver to the United States, by and through EPA, and to each Beneficiary, and publish on its public-facing website, an accounting of all Trust Assets that have not by that date been expended on or obligated to approved Eligible Mitigation Actions or prior Trust Administration Costs, together with an estimate of funding reasonably needed to cover the remaining Trust Administration Costs.

  • No additional Trust Assets may be directed to the Trust Administration Cost Subaccount, or to the payment of Trust Administration Costs, other than investment earnings on the Trust Administration Cost Subaccount, absent further order of the Court.

  • No additional Trust Assets may be directed to the Trust Administration Cost Subaccount, or to the payment of Trust Administration Costs, absent further order of the Court.

  • The purpose of the Trust Account shall be to receive deposits from the Settling Defendants, to receive income gains from any investment of Trust Assets (collectively, “Trust Funds”), and to make disbursements to fund Eligible Mitigation Actions and pay Trust Administration Costs, all in accordance with the Consent Decree and this Trust Agreement.

  • The Trustee shall debit all other Trust Administration Costs (“Shared Administration Costs”) among all Beneficiaries, weighted in accordance with each Beneficiary’s Trust Administration Cost Subaccount allocation.

  • As soon as practicable after the Trust Effective Date, the Trustee shall fund a subaccount to pay for Trust Administration Costs (“Trust Administration Cost Subaccount”) by transferring into it from the Trust Account the funds allocated to that subaccount in accordance with Appendix D-1.

  • On the tenth anniversary of the Trust Effective Date, the Trustee shall file with the Court, deliver to the United States, by and through the EPA, and to each Beneficiary, and publish on its public website, an accounting of all Trust Assets that have not by that date been expended on or obligated to approved Eligible Mitigation Actions or prior Trust Administration Costs, together with an estimate of funding reasonably needed to cover the remaining Trust Administration Costs.

  • The Trustee shall invest and reinvest the principal and income of the Trust Assets in those investments that are reasonably calculated to preserve the principal value, taking into account the need for the safety and liquidity of principal as may be required to fund Eligible Mitigation Actions and Trust Administration Costs.