Environmental Custodial Trust Funding definition

Environmental Custodial Trust Funding means Cash in the total aggregate amount of approximately $266.5 million that ASARCO shall allocate and disburse to the various Environmental Custodial Trusts for remediation and restoration of, and other environmental costs related to, the Designated Properties, as further described in the Environmental Custodial Trust Settlement Agreements.
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Environmental Custodial Trust Funding means, with respect to each Environmental Custodial Trust, Cash that shall be disbursed to each such Trust to fund remediation and restoration of, and other environmental costs related to, the Designated Properties, as listed on Parent’s Plan Exhibit 18.
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Examples of Environmental Custodial Trust Funding in a sentence

  • Any Administrative Claims of the United States or any individual state under civil Environmental Laws relating to the Designated Properties shall be addressed through the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Funding, and the Environmental Custodial Trust Administration Funding to be paid by ASARCO to the Environmental Custodial Trusts.

  • Any Subsequent Administrative Claims of the United States or any individual state under civil Environmental Laws relating to the Designated Properties shall be addressed through the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Funding, and the Environmental Custodial Trust Administration Funding to be paid by ASARCO to the Environmental Custodial Trusts.

  • Once all Designated Elected Properties in any Environmental Custodial Trust have been cleaned up to regulatory closure and liquidated, any remaining applicable Environmental Custodial Trust Administration Funding, Environmental Custodial Trust Funding, proceeds from the sale of the applicable Designated Elected Properties, and any other Cash or assets of such Environmental Custodial Trust shall be distributed according to the terms of the applicable Environmental Custodial Trust Agreement.

  • With respect to each Designated Property transferred to an Environmental Custodial Trust, the amounts of Environmental Custodial Trust Administration Funding and Environmental Custodial Trust Funding listed in Exhibit 16-B to the Parent’s Plan will be transferred to the applicable Environmental Custodial Trust on account of each such Designated Elected Property.

  • Plan Funds” means, with respect to the Debtors’ Plan, the funds remaining from the Available Plan Sales Proceeds and the Distributable Cash, after the Debtors’ Plan Administrator has fully funded the Debtors’ Plan Administration Reserve, the Environmental Custodial Trust Administration Funding, the Environmental Custodial Trust Funding, the Litigation Expense Fund, the SCC Litigation Expense Fund, and the Residual Assets Liquidation Expense Fund.

  • Funding, the Environmental Custodial Trust Funding, the Liquidation Trust Expense Fund, the SCC Litigation Trust Expense Fund, and; (b) paid $27.5 million in Cash for purposes of Asbestos Trust Expenses; and (c) made the Class 4 Payment.

  • Any Administrative Claims of the United States or any individual state under civil Environmental Laws relating to the Designated Properties shall be addressed through the Environmental Custodial Trust Settlement Agreements, the Environmental Custodial Trust Funding, and the Environmental Custodial Trust Administration Funding to be paid by ASARCO to the Environmental Custodial Trusts pursuant to this Plan.

  • With respect to each Designated Property transferred to an Environmental Custodial Trust, the amounts of Environmental Custodial Trust Administration Funding and Environmental Custodial Trust Funding listed in Parent’s Plan Exhibit 16-B shall be transferred to the applicable Environmental Custodial Trust on account of each such Designated Elected Property.

Related to Environmental Custodial Trust Funding

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Custodial agency means an agency of the government designated to act on behalf of the government owner of the disposal site.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Master Servicer Servicing Personnel The divisions and individuals of the Master Servicer who are involved in the performance of the duties of the Master Servicer under this Agreement.

  • Servicer Mortgage File All documents pertaining to a Mortgage Loan not required to be included in the Trustee Mortgage File and held by the Master Servicer or the related Servicer or any Sub-Servicer.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Special Servicer Servicing Personnel The divisions and individuals of the Special Servicer who are involved in the performance of the duties of the Special Servicer under this Agreement.

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • CMSA Special Servicer Loan File The data file in the "CMSA Special Servicer Loan File" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "CMSA Special Servicer Loan File" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Special Servicer.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Certificate Administrator’s Website The internet website of the Certificate Administrator, initially located at xxx.xxxxxxx.xxx.