Environmental Trust Assets means all Owned Sites and related assets that are identified in the Environmental Claims Settlement Agreement and which will be transferred to the Environmental Response Trusts on the Effective Date; provided, however, that Tronox may, at its expense and in accordance with applicable health and safety requirements, remove certain equipment and other assets related to Tronox’s operations from each of the Savannah, GA, Soda Springs, ID and Mobile, AL sites and transfer such equipment and assets to alternate locations to be determined by Reorganized Tronox.
Environmental Trust Assets has the meaning set forth in the Environmental Trust Agreement.
Environmental Trust Assets means (a) those assets and properties, including the DPH Sites and sources of funding to be transferred to the Environmental Response Trust pursuant to the Stipulation and Settlement Agreement and
Examples of Environmental Trust Assets in a sentence
All Environmental Trust Assets shall be used solely for the purposes provided in this Consent Decree and the Environmental Trust Agreement, with the remainder to be distributed pursuant to Paragraph17.b.
Upon its transfer to the Environmental Trust, the Poor Charlie Stock Trust shall terminate and the Poor Charlie Stock Trust assets shall become Environmental Trust Assets.
Settling Defendant’s and the Revocable Trust’s conveyance of the Poor Charlie Stock Trust to the Environmental Trust, in accordance with SectionVII, (b) the final distribution of Environmental Trust Assets, if any, in accordance with Paragraph 17.b.i of this Consent Decree, and (c) recovery of proceeds from Insurance Policies, if any, as specified in Section VIII.
The Revocable Trust shall retain no ownership or residual interest whatsoever with respect to the Environmental Trust or the Environmental Trust Assets after making the required transfer to the Environmental Trust pursuant to Paragraph11, except as provided in Paragraph 17.b.ii.
More Definitions of Environmental Trust Assets
Environmental Trust Assets means all Owned Sites and related assets that are identified in the Environmental Claims Settlement Agreement and which will be transferred to the Environmental Response Trusts on the Effective Date; provided, however, that Tronox with the consent of the Equity Committee may, at Tronox’s expense and in accordance with applicable health and safety requirements, (a) with the consent of the Equity Committee, remove certain equipment and other assets related to Tronox’s operations from each of the Savannah, GA, Soda Springs, ID and Mobile, AL sites and transfer such equipment and assets to alternate locations to be determined by Reorganized Tronox; and (b) at the direction of the Equity Committee, remove the Savannah, GA facilities in part or in their entirety.
Environmental Trust Assets means all Owned Sites and related assets that are identified in the
Environmental Trust Assets means all Owned Sites and related assets that are to be identified in the Environmental Claims Settlement Agreement and which will be transferred to the Environmental Response Trusts on the Effective Date; provided, however, that the Company may, at its expense and in accordance with applicable health and safety requirements and under the supervision of the United States and the relevant state, remove certain equipment and other assets related to the Debtors’ operations from each of the Savannah, GA, Soda Springs, ID and Mobile, AL sites and transfer such equipment and assets to alternate locations to be determined by the Company.
Environmental Trust Assets means any and all assets of the Environmental Trust, including, without limitation, all of the stock of Poor Charlie and Company and the Poor Charlie Assets.
Environmental Trust Assets means (a) those assets and properties, including without limitation the Transferred Debtor Assets, the NPP Bond Payments, and the Initial Funding, transferred by any party to the Environmental Response Trust pursuant to the Consent Decree and Settlement Agreement (see Paragraphs 6, 7, 9, 10, 32-34 of the Consent Decree and Settlement Agreement), and (b) such other assets acquired, earned, or held by the Environmental Response Trust from time to time pursuant to this Agreement and the Consent Decree and Settlement Agreement, including the Environmental Trust Proceeds (defined below).
Environmental Trust Assets means: (a) the Gulfport Facility and any portion of the Gulfport Adjoining Parcels that are ultimately transferred to the Environmental Response Trust; (b) the Funds (defined herein), and any documents and/or information (including Environmental Information or Real Property Information, as defined in the Settlement Agreement) concerning the Gulfport Property in the possession of Debtors or environmental contractors or consultants previously retained by the Debtors, to be transferred to the Environmental Response Trust; (c) the funds currently held in the Reichhold Chemicals, Inc. Standby Trust to be transferred into the Environmental Response Trust; and (d) such other assets acquired or held by the Environmental Response Trust from time to time pursuant to the Settlement Agreement, this Agreement, or an order of the Court.