Qualifying Environmental Trust Clause Samples

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Qualifying Environmental Trust. 2.5.1 It is the express intention of the parties that the PRT settled hereby constitutes a Qualifying Environmental Trust, and this Agreement shall be read and interpreted to the greatest extent possible to comply with such definition. All parties involved, including the Company and the Trustee, shall take (or avoid taking, as the case may be) all actions as are reasonably possible and as may be required to ensure that the PRT is a Qualifying Environmental Trust. 2.5.2 Any amendments to this Agreement that are required in order for the PRT to constitute a Qualifying Environmental Trust, shall be deemed to have been made as of the day and year first written above, to the extent that such amendments, made with the consent of the CER further to section 13.1, do not render the PRT in breach of any other Applicable Laws.
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Qualifying Environmental Trust. It is the express intention of the parties hereto for the Trust settled under this Agreement to constitute a "qualifying environmental trust" as defined in subsection 211.6(1) of the Tax Act, as amended or replaced from time to time. This Agreement shall be read and interpreted in light of and consistently with the definition or "qualifying environment trust" in the Tax Act, and the Company, Beneficiaries and Trustee shall ensure that no actions are taken which would jeopardize the status of this Trust as a "qualifying environmental trust".
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Qualifying Environmental Trust. 2.4.1 It is the express intention of the parties that the PRT settled hereby constitutes a Qualifying Environmental Trust as defined in the Tax Act, and this Agreement shall be read and interpreted to the greatest extent possible to comply with such definition. The Company, the Contributor, the Primary Beneficiary and the Trustee shall take (or avoid taking, as the case may be) all actions as are reasonably possible and as may be required to ensure that the PRT is a Qualifying Environmental Trust. 2.4.2 Any amendments to this Agreement that are required in order for the PRT to constitute a Qualifying Environmental Trust, shall be deemed to have been made as of the day and year first written above, to the extent that such amendments do not render the PRT in breach of any other Applicable Laws.
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Qualifying Environmental Trust. Reclamation Obligation:
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Qualifying Environmental Trust. It is the express intention of the parties hereto for the Trust settled under this Agreement to constitute a QET. This Agreement shall be read and interpreted in light of and consistent with the QET definition and related provisions in the Tax Act, and the Company, other Beneficiaries and Trustee shall ensure that no actions are taken which would jeopardize the status of this Trust as a QET.
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Related to Qualifying Environmental Trust

  • Environmental Tobacco Smoke Public Law 103-227 (also known as the Pro-Children Act of 1994) and Vermont’s Act 135 (2014) (An act relating to smoking in lodging establishments, hospitals, and child care facilities, and on State lands) restrict the use of tobacco products in certain settings. Party shall ensure that no person is permitted: (i) to use tobacco products or tobacco substitutes as defined in 7 V.S.A. § 1001 on the premises, both indoor and outdoor, of any licensed child care center or afterschool program at any time; (ii) to use tobacco products or tobacco substitutes on the premises, both indoor and in any outdoor area designated for child care, health or day care services, kindergarten, pre-kindergarten, elementary, or secondary education or library services; and (iii) to use tobacco products or tobacco substitutes on the premises of a licensed or registered family child care home while children are present and in care. Party will refrain from promoting the use of tobacco products for all clients and from making tobacco products available to minors. Failure to comply with the provisions of the federal law may result in the imposition of a civil monetary penalty of up to $1,000 for each violation and/or the imposition of an administrative compliance order on the responsible entity. The federal Pro-Children Act of 1994, however, does not apply to portions of facilities used for inpatient drug or alcohol treatment; service providers whose sole source of applicable federal funds is Medicare or Medicaid; or facilities where Women, Infants, & Children (WIC) coupons are redeemed.

  • Physical and Environmental Security Controls that provide reasonable assurance that access to physical servers at the production data center or the facility housing Provider’s SFTP Server, if applicable, is limited to properly authorized individuals and that environmental controls are established to detect, prevent and control destruction due to environmental extremes. These controls include: a) Logging and monitoring of unauthorized access attempts to the data center by the data center security personnel; b) Camera surveillance systems at critical internal and external entry points to the data center; c) Systems that monitor and control the air temperature and humidity at appropriate levels for the computing equipment; and d) Uninterruptible Power Supply (UPS) modules and backup generators that provide back-up power in the event of an electrical failure.