Examples of West Chicago Trust in a sentence
The West Chicago Trust shall not be required to pay any cure costs, to the extent required.
The Lead Agency shall have the authority to approve or disapprove the proposed budget for the relevant West Chicago Trust Environmental Cost or West Chicago Trust Work Account after consultation with the Non-Lead Agency, if such consultation is requested.
Notwithstanding the foregoing, for the avoidance of doubt, it is agreed that the West Chicago Trustee/Licensee shall have no obligation to implement the REF License or perform work required by the REF License if the cost of such work exceeds the value of the West Chicago Trust Environmental Cost Account for the REF.
The purpose of the West Chicago Trust Environmental Cost Account for the REF shall be to provide funding for future Environmental Actions and certain past and future oversight costs of the State of Illinois with respect to the REF (such past costs are unpaid costs incurred by IEMA during the period July 1, 2010 through the Effective Date and payable pursuant to Section 331.200 of the Radiation Protection regulations, 32 Ill.
The West Chicago Trustee/Licensee shall ensure that all Title X Reimbursements received by the West Chicago Trust after the Effective Date from the Department of Energy are deposited in the West Chicago Trust Title X Account, as set forth in Sections 2.1.8 and 2.2.1 below.
The West Chicago Trustee/Licensee is authorized to execute and deliver all documents on behalf of the West Chicago Trust to accomplish the purposes of this Agreement and the Settlement Agreement.
The West Chicago Trustee/Licensee, not individually but in its representative capacity on behalf of the West Chicago Trust, hereby accepts and agrees to hold the West Chicago Trust Assets in the West Chicago Trust for the benefit of the Beneficiaries for the purposes described in Section 2.2 below, subject to the terms of the Settlement Agreement, this Agreement, and any applicable orders of the Court.
Further, by January 1 of each year during the term of the West Chicago Trust and within nine (9) months after termination of the West Chicago Trust, the West Chicago Trustee/Licensee shall prepare and submit to the Beneficiaries an annual report with respect to each of the West Chicago Trust Environmental Cost Accounts and West Chicago Trust Work Accounts.
This is a reduction in comparison to 2019-2020 when ten complaints and four appeals were received.
All interest, dividends, and other revenue earned in a West Chicago Trust Account shall be retained in the respective West Chicago Trust Account and used only for the same purposes as the principal in that account as provided in this Agreement and the Settlement Agreement, subject to any reallocation approved by the State of Illinois, the United States and, as applicable, the Local Communities, in accordance with the terms of this Agreement and the Settlement Agreement.