Common use of Reclamation Bonds Clause in Contracts

Reclamation Bonds. Schedule 3.8 contains a list of all bonds, including guaranties, indemnities, letters of credit and other forms of surety, posted by and/or for the benefit of the Asset Sale Companies to secure the performance of their respective reclamation or other Liabilities pursuant to, in connection with or as a condition of, the Permits (collectively, the "PCC Bonds"). The PCC Bonds are sufficient to permit the Asset Sale Companies and their Affiliates to conduct the Mining Activities in compliance with Laws and are in full force and effect.

Reclamation Bonds. Schedule 3.8 3.9 contains a list of all bonds, including guaranties, indemnities, letters of credit and other forms of surety, posted by and/or for the benefit of the Asset Sale Companies to secure the performance of their respective reclamation or other Liabilities pursuant to, in connection with or as a condition of, the Permits (collectively, the "PCC Bonds"). The PCC Bonds are sufficient to permit the Asset Sale Companies and their Affiliates to conduct the Mining Activities in compliance with Laws and are in full force and effect.