Common use of Closure Programs and Budgets Clause in Contracts

Closure Programs and Budgets. When Operations at any Nevada JV Mine and related facilities cease, or are scheduled to cease, the Operating Member shall submit a Program and Budget for Closure Operations (a “Closure Program and Budget”) to the Board. If Closure Operations are not completed prior to completion of the initial Closure Program and Budget, the Operating Member shall propose additional successive Closure Programs and Budgets for the continuation of Closure Operations until completed. The Operating Member shall propose an additional Closure Program and Budget to the Board by no later than 30 days prior to expiration of the initial Closure Program and Budget and of any succeeding Closure Program and Budget. Each Closure Program and Budget shall cover a Calendar Year unless otherwise determined by the Board.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Newmont Goldcorp Corp /De/), Limited Liability Company Agreement (Barrick Gold Corp), Operating Agreement (Barrick Gold Corp)

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