Decommissioning Fund definition

Decommissioning Fund means the fund or funds established by UAMPS for the payment of Decommissioning Costs as provided in Section 22.
Decommissioning Fund means a fund established under section 78 of the Petroleum (Exploration and Production) Act, 2011;
Decommissioning Fund means the fund established in accordance with Article 93;

Examples of Decommissioning Fund in a sentence

  • Any amounts contributed to the Qualified Decommissioning Fund while such request is pending before the IRS and which turn out to exceed the applicable amounts provided in the schedule of ruling amounts issued by the IRS will be withdrawn from the Qualified Decommissioning Fund within the period provided under Treas.

  • All rulings requested shall be consistent with private letter rulings issued as of the date of this Agreement by the IRS with respect to the transfer of a Qualified Decommissioning Fund to a non-regulated buyer.

  • Without limiting the generality of the foregoing, the Buyer and the Sellers shall use Commercially Reasonable Efforts to obtain one or more private letter ruling(s) from the IRS determining that (i) the transfer of assets from the Sellers' Qualified Decommissioning Funds to the Buyer's Qualified Decommissioning Fund is a disposition that, pursuant to the IRS' authority under Treas.

  • Neither the Buyer nor the Sellers shall take any action that would cause the transfer of assets from the Sellers' Qualified Decommissioning Funds to the Buyer's Qualified Decommissioning Fund to fail to satisfy the requirements of Treas.

  • NMPC has made available to Buyer information from which Buyer can determine the Tax Basis as of the second Business Day before Closing of all assets (other than cash) of the Nonqualified Decommissioning Fund transferred to the Trustee of the Post-Closing Decommissioning Agreement pursuant to Section 6.12.


More Definitions of Decommissioning Fund

Decommissioning Fund means the fund established to cover the costs of decommissioning operations.
Decommissioning Fund has the meaning provided in Section 9.3.3(b).
Decommissioning Fund means an account established by the Right Holder to cover the cost of planning, preparation and implementation of a plan for cessation of Petroleum Activities and decommissioning of Facilities.
Decommissioning Fund means a fund to be used exclusively for the funding of the costs and expenses of performing decommissioning operations;
Decommissioning Fund means any account or fund established by agreement of the Licensee and the Commissioner for which the Licensee shall be required to make periodic contributions to fund some or all future Decommissioning obligations arising in connection with Petroleum Operations.
Decommissioning Fund means any type of financial resources intended specifically to cover the expenditure necessary for decommissioning nuclear installations;
Decommissioning Fund means the fund established in accordance with Article 92;