Bond release definition

Bond release means the time at which the appropriate regulatory authority returns a reclamation or performance bond based upon its determination that reclamation work (including, in the case of underground mines, mine sealing and abandonment procedures) has been satisfactorily completed.
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Bond release means the time at which the appropriate regulatory authority returns a reclamation or performance bond based upon its determination that reclamation work has been satisfactorily completed.
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Bond release means the time at which the appropriate regulatory authority returns a reclamation or performance bond
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Examples of Bond release in a sentence

  • Upon release of any BOEM Bond under this Section 7.4(f), Exhibit 5C hereof shall be deemed to have been amended accordingly to reflect such BOEM Bond release.

  • Final Bond release shall be subject to receipt and acceptance of the project Sewer As-Builts.

  • The holder or holders of this Bond, by the acceptance hereof, and as part of the consideration for this Bond, release all claims and waive all liabilities against the foregoing persons in connection with this Bond.


More Definitions of Bond release

Bond release. Section 3C
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Bond release means the time at which the Division of Reclamation returns or reduces liability on a performance bond based upon its determination that reclamation work (including, in the case of underground mines, mine sealing and abandonment procedures) has been satisfactorily completed.
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Related to Bond release

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit B (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Conditional release means a revocable modification of a

  • Earned release means earned release from confinement as