Common use of Establishment of Fund Clause in Contracts

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the “Fund,” for the benefit of any and all third parties injured or damaged by accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up to $1 million] per occurrence and [up to $2 million] annual aggregate for sudden accidental occurrences and [up to $3 million] per occurrence and [up to $6 million] annual aggregate for nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund, hereinafter hereafter the “Fund,” ”, for the benefit of any and all third parties injured or damaged by accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up [up to $1 million] per occurrence and [up [up to $2 million] annual aggregate for sudden accidental occurrences and [up [up to $3 million] per occurrence and [up [up to $6 million] annual aggregate for nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Waste Management Facility

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund,” ", for the benefit of any and all third parties injured or damaged by accidental occurrences arising from operation of the facility(ies) [sudden and/or nonsudden] covered by this guarantee, in the amounts of [up per occurrence and [up to $1 million] per occurrence and [up million] [up to $2 million] million] annual aggregate for sudden accidental occurrences and [up per occurrence and [up to $3 million] per occurrence and [up to $6 million] million] annual aggregate for nonsudden occurrences, except that the Fund is not [up to $6 million] established for the benefit of third parties for the following:

Appears in 1 contract

Samples: floridadep.gov

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up ---------[up to $1 million] million] per occurrence and [up [up to $2 million] million] annual aggregate for sudden accidental occurrences and [up -------- [up to $3 million] million] per occurrence and [up [up to $6 million] million] annual aggregate for nonsudden non-sudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund, hereinafter hereafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up ---------[up to $1 million] million] per occurrence and [up ---------[up to $2 million] million] annual aggregate for sudden accidental occurrences and [up [up to $3 million] million] per occurrence and [up [up to $6 million] million] annual aggregate for nonsudden non-sudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden or non-sudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up [up to $1 million] million] per occurrence and [up [up to $2 million] million] annual -[up to $6 million] annual aggregate for non-sudden accidental occurrences and [up to $3 million] per occurrence and [up to $6 million] annual aggregate for nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by (sudden and/or nonsudden) accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up (up to $1 million] million) per occurrence and [up (up to $2 million] million) annual aggregate for sudden accidental occurrences and [up (up to $3 million] million) per occurrence and [up (up to $6 million] million) annual aggregate for nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement for Liability

Establishment of Fund. The Grantor and the Trustee hereby establish a trust fund, hereinafter the "Fund," for the benefit of any and all third parties injured or damaged by sudden, nonsudden accidental occurrences arising from operation of the facility(iesfacility(ies)/TTU(s) covered by this guaranteeGuarantee, in the amounts of [up to $1 million] per of: Per occurrence and [up to $2 million] annual Annual aggregate for sudden Sudden accidental occurrences and [up $ $ up to $3 million] per occurrence and [up one million dollars up to $6 million] annual aggregate for nonsudden occurrences, two million dollars Nonsudden accidental occurrences $ $ up to three million dollars up to six million dollars except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Trust Agreement

Establishment of Fund. The Grantor and the Trustee hereby establish a standby trust fund, hereinafter hereafter the "Fund," for the benefit of any and all third parties injured or damaged by [sudden and/or nonsudden] accidental occurrences arising from operation of the facility(ies) covered by this guarantee, in the amounts of [up [up to $1 million] million] per occurrence and [up [up to $2 million] million] annual aggregate for sudden accidental occurrences and [up [up to $3 million] million] per occurrence and [up [up to $6 million] million] annual aggregate for nonsudden occurrences, except that the Fund is not established for the benefit of third parties for the following:

Appears in 1 contract

Samples: Standby Trust Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.