Common use of Financial Assurance Clause in Contracts

Financial Assurance. Proponent shall establish and maintain a financial assurance mechanism pursuant to California Health and Safety Code section 25355.2 and DTSC’s costs incurred in overseeing these activities prior to implementing any required O&M activities, LUC-related activities, and five-year review activities. Proponent shall demonstrate and maintain one or more of the financial assurance mechanisms set forth in subdivisions (a) to (e), inclusive, of Section 66265.143 of Title 22 of the California Code of Regulations.

Appears in 3 contracts

Samples: Standard Voluntary Agreement, Standard Voluntary Agreement, Standard Voluntary Agreement

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Financial Assurance. Proponent [Agency] shall establish and maintain a financial assurance mechanism pursuant to California Health and Safety Code section 25355.2 and DTSC’s costs incurred in overseeing these activities prior to implementing any required O&M activities, LUC-LUC- related activities, and five-year review activities. Proponent [Agency] shall demonstrate and maintain one or more of the financial assurance mechanisms set forth in subdivisions (a) to (e), inclusive, of Section 66265.143 of Title 22 of the California Code of Regulations.

Appears in 2 contracts

Samples: Local Agency Agreement, Local Agency Agreement

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