Reclamation Costs Review Sample Clauses

Reclamation Costs Review. A Reclamation Costs Review is a technical‌ assessment performed (or caused to be performed) by the Reclamation Trust Funds Operating Agent of reclamation methods, status and costs using appropriate reclamation scenarios as determined by the Reclamation Oversight Committee. An initial Reclamation Costs Review will be commenced as soon as practicable after Survey 1 is both completed and approved by the Reclamation Oversight Committee as provided in Exhibit 7. A second Reclamation Costs Review will be performed as soon as practicable after Survey 2 is both completed and approved by the Reclamation Oversight Committee as provided in Exhibit 7. At the request of any Party made at any time after the second Reclamation Costs Review, the Reclamation Trust Funds Operating Agent will perform (or cause to be performed) a further Reclamation Costs Review; provided, such further review will not be required more frequently than every two (2) years. The Reclamation Costs Review will report estimated Pre-2017YE Reclamation Liability Costs and Post-2017YE Reclamation Liability Costs based on the results of the most current Survey. The Reclamation Oversight Committee will establish reasonable goals, timelines and procedures with respect to the manner in which the required Reclamation Costs Review is to be conducted. 5.2.1 In performing the Reclamation Costs Review, the Reclamation Trust Funds Operating Agent (and its contractor or agent) will consult with SJCC and will utilize, as appropriate, information that may be provided by SJCC in reassessing reclamation methods, status and costs, including SJCC’s anticipated annual reclamation expenditures. 5.2.2 The study period for purposes of a Reclamation Costs Review will be from January 1 of the year that the Reclamation Costs Review commences through Reclamation Bond Release. 5.2.3 The Reclamation Trust Funds Operating Agent will present a Final Reclamation Report to the Reclamation Oversight Committee. 5.2.4 The Reclamation Oversight Committee will, consistent with the voting procedures set out in Section 7.4, promptly either (i) approve the Final Reclamation Report; or (ii) direct that further study or revisions be made to the Final Reclamation Report. In the event the Reclamation Oversight Committee directs further study or revisions, the Reclamation Trust Funds Operating Agent will submit a new Final Reclamation Report to the Reclamation Oversight Committee. Upon approval of the Final Reclamation Report by the Reclamation ...
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Reclamation Costs Review. At the request of any Participant made at any time after the Effective Date, and thereafter no more frequently than every two

Related to Reclamation Costs Review

  • Transportation Costs The cost of transporting a Warranted Part claimed to be defective to the facilities designated by the Seller and for the return therefrom of a repaired or replaced Warranted Part shall be borne by the Buyer.

  • Construction Costs Under no circumstances shall the Consultant be liable for extra costs or other consequences due to unknown conditions or related to the failure of contractors to perform work in accordance with the plans and specifications. Consultant shall have no liability whatsoever for any costs arising out of the Client’s decision to obtain bids or proceed with construction before the Consultant has issued final, fully-approved plans and specifications. The Client acknowledges that all preliminary plans are subject to substantial revision until plans are fully approved and all permits obtained.

  • Periodic Review of Costs of Environmental Compliance In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in a Material Adverse Change.

  • Administration Costs The Borrower shall pay the Bank for all reasonable costs incurred by the Bank in connection with administering this Agreement.

  • Covered Expenses Supervisors must have received prior authorization from their Appointing Authority before incurring any expenses authorized by this Article.

  • Training Costs All costs and expenses incurred by the Contractor in the training of its employees engaged in Petroleum Operations, and such other training as is required by this Agreement.

  • Litigation Costs If any legal action or other proceeding is brought for the enforcement of this Agreement or to remedy its breach, the prevailing party in such action or proceeding shall be entitled to recover its actual attorney's fees and other costs incurred in the action or proceeding, in addition to such other relief to which it may be entitled.

  • Relocation Costs If relocation occurs after the Commencement Date, then Landlord shall pay Tenant's reasonable third-party costs of moving Tenant's furnishings, telephone and computer wiring, and other property to the Substitute Premises, and reasonable printing costs associated with the change of address.

  • Arbitration Costs Each party shall bear its own costs of arbitration except that the fees and charges of the arbitrator shall be shared equally by the parties.

  • Program Costs a. The Seller Parties shall reimburse Administrative Agent and Buyers for any of Administrative Agent’s and Buyers’ reasonable and documented out-of-pocket costs, including due diligence review costs and reasonable attorneys’ fees, incurred by Administrative Agent and Buyers in determining the acceptability to Administrative Agent and Buyers of any Purchased Asset or REO Property. The Seller Parties shall also pay, or reimburse Administrative Agent and Buyers if Administrative Agent or Buyers shall pay, any termination fee, which may be due any Servicer. The Seller Parties shall pay the reasonable and documented out-of-pocket fees and expenses of Administrative Agent’s and Buyers’ counsel in connection with the Program Agreements. Reasonable and documented legal fees for any subsequent amendments to this Agreement or related documents shall be borne by the Seller Parties. The Seller Parties shall pay ongoing custodial fees and expenses as set forth in the Custodial Agreement, and any other ongoing fees and expenses payable in accordance with any other Program Agreement. Without limiting the foregoing, the Seller Parties shall pay all fees as and when required under the Pricing Side Letter. b. If any Buyer determines that, due to the introduction of, any change in, or the compliance by such Buyer with (i) any eurocurrency reserve requirement or (ii) the interpretation of any law, regulation or any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), there shall be an increase in the cost to such Buyer in engaging in the present or any future Transactions, then, to the extent each Seller Party and Guarantor received notice of such amounts no later than thirty (30) days after the incurrence of such costs, then each Seller Party and Guarantor may, at its option and in its sole discretion, either (i) terminate this Agreement and repurchase the Purchased Assets and pay costs or (ii) promptly pay such Buyer the actual cost of additional amounts as specified by such Buyer to compensate such Buyer for such increased costs; provided, however, that any such determination by any Buyer must also be made in a manner substantially consistent with respect to similarly situated counterparties with substantially similar assets in similar facilities. c. With respect to any Transaction, Administrative Agent and Buyers may conclusively rely upon, and shall incur no liability to any Seller Party or Guarantor in acting upon, any request or other communication that Administrative Agent and Buyers reasonably believe to have been given or made by a person authorized to enter into a Transaction on each Seller Party’s behalf, whether or not such person is listed on the certificate delivered pursuant to Section 10.a(5) hereof. d. Notwithstanding the assignment of the Program Agreements with respect to each Purchased Asset to Administrative Agent for the benefit of Buyers, Seller Parties and Guarantor agrees and covenants with Administrative Agent and Buyers to reasonably enforce in a commercially reasonable manner Seller Parties’ and Guarantor’s rights and remedies with respect to parties other than Administrative Agent and Buyers set forth in the Program Agreements. (i) Any payments made by a Seller Party or Guarantor to Administrative Agent or a Buyer or a Buyer assignee or participant hereunder or any Program Agreement shall be made free and clear of and without deduction or withholding for any Taxes, except as required by applicable law. If a Seller Party or Guarantor shall be required by applicable law (as determined in the good faith discretion of the applicable withholding agent) to deduct or withhold any Tax from any sums payable to Administrative Agent or a Buyer or Buyer assignee or participant, then (1) a Seller Party or Guarantor shall make such deductions or withholdings and pay the full amount deducted to the relevant Governmental Authority in accordance with applicable law; (2) to the extent the withheld or deducted Tax is an Indemnified Tax, the sum payable shall be increased as necessary so that after making such deductions and withholdings (including such deductions and withholdings applicable to additional sums payable under this Section 11.e Administrative Agent or a Buyer receives an amount equal to the sum it would have received had no such deductions or withholdings been made; and

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