Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in section 14, this Trust Fund shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Director, or by the Trustee and the Director, if the Grantor ceases to exist. Upon termination of the Trust Fund, all remaining trust property, less final trust administration expenses, shall be paid to the Grantor.
Appears in 3 contracts
Sources: Hazardous Waste Management Liability Trust Agreement, Hazardous Waste Management Liability Trust Agreement, Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in section 14, this Trust Fund shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Director, or by the Trustee and the Director, if the Grantor ceases to exist. Upon termination of the Trust FundTrust, all remaining trust property, less final trust administration expenses, shall be paid to the Grantor.
Appears in 3 contracts
Sources: Hazardous Waste Management Liability Standby Trust Agreement, Hazardous Waste Management Liability Standby Trust Agreement, Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in section Section 14, this Trust Fund shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Directordirector, or by the Trustee and the Directordirector, if the Grantor ceases to exist. Upon termination of the Trust FundTrust, all remaining trust property, less final trust administration expenses, shall be paid to the Grantor. The director will agree to termination of the Trust when the owner or operator substitutes alternative financial assurance as specified in this section.
Appears in 3 contracts
Sources: Trust Agreement, Trust Agreement, Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in section 1415, this Trust Fund shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Director, or by the Trustee and the Director, if the Grantor ceases to exist. Upon termination of the Trust Fund, all remaining trust property, less final trust administration expenses, shall be paid to the Grantor, or if the Grantor ceases to exist, to the Director.
Appears in 3 contracts
Sources: Hazardous Waste Management Trust Agreement, Hazardous Waste Management Trust Agreement, Trust Agreement
Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in section Section 14, this Trust Fund shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Directordirector, or by the Trustee and the Director, director if the Grantor ceases to exist. Upon termination of the Trust FundTrust, all remaining trust property, less final trust administration expenses, shall be paid delivered to the Grantor. The director will agree to termination of the Trust when the owner or operator substitutes alternative financial assurance as specified in this section.
Appears in 2 contracts
Sources: Trust Agreement, Trust Agreement