Common use of Financial protection Clause in Contracts

Financial protection. The Corporation shall obtain and maintain, at its expense, financial protection to cover Public Liability, as described in Section 40.4(b) in such amount and of such type as is commercially available at commercially reasonable rates, terms and conditions, provided that in the event the NRC grants a license for a uranium enrichment facility not located on federally-owned property, the amount is no more than the amount required by the NRC for the other facility.

Financial protection. The Corporation shall obtain and maintain, at its expense, financial protection to cover Public Liabilitypublic liability, as described in Section 40.4(bparagraph (d)(2) below in such amount and of such type as is commercially available at commercially reasonable rates, terms and conditions, provided that in the event the NRC Nuclear Regulatory Commission (NRC) grants a license for a uranium enrichment facility not located on federally-owned property, the amount is no more than the amount required by the NRC for the other facility.

Financial protection. The Corporation shall obtain and maintain, at its expense, financial protection to cover Public Liabilitypublic liability, as described in Section 40.4(bparagraph (d)(2) below in such amount and of such type as is commercially available at commercially reasonable ratesrates , terms and conditions, provided that in the event the NRC Nuclear Regulatory Commission (NRC) grants a license for a uranium enrichment facility not located on federally-owned property, the amount is no more than that the amount required by the NRC for the other facility.

Financial protection. The Corporation shall obtain and maintain, at its expense, financial protection to cover Public Liabilitypublic liability, as described in Section 40.4(bparagraph (d)(2) below in such amount and of such type as is commercially available at commercially reasonable rates, terms and conditions, provided that in the event the NRC grants a license for a uranium enrichment facility not located on federally-owned property, the amount is no more than the amount required by the NRC for the other facility.