Use as Performance Guarantee Clause Samples

Use as Performance Guarantee. In negotiating the terms of the Consent Decree with the United States, Atlantic Richfield, the Regional Board, and any other State Party that is a party to the Consent Decree shall use good faith efforts to allow Atlantic Richfield to utilize the Trust to satisfy, in whole or in part, Atlantic Richfield’s performance guarantee obligations under the Consent Decree. The Regional Board and any other State Party to the Consent Decree agree to provide available and necessary information to EPA regarding the Trust as required for use of the Trust as a performance guarantee.