Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.
Financial assurance means the mechanisms used to
Financial assurance means a performance bond, escrow, cash, certificate of deposit, irrevocable letter of credit, corporate guarantee, or other equivalent security, or any combination thereof.
Examples of Financial assurance in a sentence
Review of Reclamation Plan, Financial Assurance Cost Estimate (FACE) and other related documents to ensure compliance with Surface Mining and Reclamation Act of 1975 (SMARA).
Inspection Services related Reclamation Plan, Financial Assurance Cost Estimate (FACE) and other related documents to ensure compliance with Surface Mining And Reclamation Act of 1975 (SMARA).
More Definitions of Financial assurance
Financial assurance means the mechanisms used to demonstrate that the funds necessary to meet the cost of closure, postclosure maintenance and monitoring, and corrective action will be available whenever they are needed.
Financial assurance means one or more of,
Financial assurance means a remedial action that consists of an assurance provided to ecology under WAC 173-340-440(11) that suffi- cient financial resources are available to provide for the long-term effectiveness of engineered or institutional controls.
Financial assurance means reasonable assurance from a credit worthy party, examples of which include a surety bond, trust instrument, cash escrow, or irrevocable letter of credit.
Financial assurance means a security required under the Environmental Protection Act 1994 by the administering authority to cover the cost of rehabilitation or remediation of disturbed land or to secure compliance with the environmental authority.
Financial assurance means a commitment of funds or re- sources by an operator to a regulatory authority that satisfies the requirements in s. NR 135.40 and is sufficient to pay for reclama- tion activities required by this chapter.
Financial assurance means a mechanism or instrument intended to provide funds if necessary to the department to conduct closure, monitoring, or cleanup of a specific facility or site in accordance with the applicable environmental requirements provided in this title.