Decommissioning Cost definition
Examples of Decommissioning Cost in a sentence
The estimated net market value of scrap or recyclable materials shall be considered in calculating the Decommissioning Cost Estimate.
The Decommissioning Cost Estimate shall be updated every five (5) years at Company’s sole expense.
No later than the Commercialization Date, and for the remaining duration of the Commercial Term (as it may be extended), Company shall post or arrange for the posting of security funds in a manner and amount sufficient to ensure decommissioning of the Solar Facility and removal of the Solar Facility Equipment from the Leased Property consistent with the Decommissioning Cost Estimate, as it may be updated (“Decommissioning Security”).
To the extent of any deficiency between the Decommissioning Cost Estimate and the amount required to be posted by the governmental authority, then Company shall post security in the amount of the deficiency consistent with acceptable forms of such security listed in this Section 7.4. Company shall provide written evidence to Landowner of Company’s posting of security within thirty (30) days of such posting.
On December 14, 2021, PG&E filed the Application of Pacific Gas and Electric Company in its 2021 Nuclear Decommissioning Cost Triennial Proceeding, A.▇▇-▇▇-▇▇▇ (“2021 NDCTP Application”).