Common use of Reminders Clause in Contracts

Reminders. The Standby Trust Agreement for Third Party Liability is to be used with the Irrevocable Standby Letter of Credit for Third Party; The Company must provide NJDEP with an originally signed copy of the Standby Trust Agreement for Third Party Liability. It must be signed by the Company and the Trustee; The Standby Trust Agreement for Third Party Liability must be accompanied by: Schedule A, Schedule B, Exhibit A, and a Certificate of Acknowledgement; The Standby Trust Agreement for Third Party Liability must be irrevocable; that is, it can not be changed or recalled without the written agreement of the NJDEP; At least 30 days before the anniversary of the establishment of the trust fund, the Trustee must send an annual statement to the NJDEP confirming the value of the trust fund; The wording for this financial assurance instrument (Standby Trust Agreement for Third Party Liability) must be in compliance with 40 C.F.R. 264.151(n)(1); and N.J.A.C. 7:26G-8.1 and 9.1; Replace wording in brackets and fill in required information as instructed. Please be advised that if you are using a SINGLE RCRA FA mechanism to provide coverage for multiple facilities, outside of the State of New Jersey in addition to a facility(ies) located in New Jersey, then notice should also be provided to the EPA Regional Administrator(s) in the region(s) where the facility(ies) are located, as well as the NJDEP Commissioner. Both the Federal and NJ regulations require notice to both the NJDEP and the EPA Regional Administrator(s) of the region affected by the owner and operator’s RCRA FA mechanisms and/or the regions where the facilities are located. When mailing documentation to the EPA Regional Administrator(s), please mail with the ATTENTION TO: Chief RCRA Branch. Addresses for EPA Regional Administrators can be found on the EPA website, ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.

Reminders. The Standby Trust Agreement for Third Party Liability is to must be used with funded for the Irrevocable Standby Letter of Credit full amount for the Third PartyParty Liability Coverage; The Company must provide NJDEP with an originally signed copy of the Standby Trust Agreement for Third Party Liability. It must be signed by the Company and the Trustee; The Standby Trust Agreement for Third Party Liability must be accompanied by: Schedule A, Schedule B, Exhibit A, and a Certificate of Acknowledgement; The Standby Trust Agreement for Third Party Liability must be irrevocable; that is, it can not be changed or recalled without the written agreement of the NJDEP; At least 30 days before the anniversary of the establishment of the trust fund, the Trustee must send an annual statement to the NJDEP confirming the value of the trust fund; The wording for this financial assurance instrument (Standby Trust Agreement for Third Party Liability) must be in compliance with 40 C.F.R. 264.151(n)(1264.151(m)(1); and N.J.A.C. 7:26G-8.1 and 9.1; Replace wording in brackets and fill in required information as instructed. Please be advised that if you are using a SINGLE RCRA FA mechanism to provide coverage for multiple facilities, outside of the State of New Jersey in addition to a facility(ies) located in New Jersey, then notice should also be provided to the EPA Regional Administrator(s) in the region(s) where the facility(ies) are located, as well as the NJDEP Commissioner. Both the Federal and NJ regulations require notice to both the NJDEP and the EPA Regional Administrator(s) of the region affected by the owner and operator’s RCRA FA mechanisms and/or the regions where the facilities are located. When mailing documentation to the EPA Regional Administrator(s), please mail with the ATTENTION TO: Chief RCRA Branch. Addresses for EPA Regional Administrators can be found on the EPA website, ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.