Financial Assurance Amount definition

Financial Assurance Amount means the amount calculated pursuant to
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Financial Assurance Amount means that amount of money necessary to conduct and complete reclamation on the mined lands in accordance with the approved reclamation plan, plus a reasonable estimate of the administrative costs and expenses which would be incurred by the lead agency or the Department of Conservation, the total of which shall be calculated in accordance with section 3804, and shall constitute an obligation to pay by the operator.
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Financial Assurance Amount has the meaning set forth in Section 4.13(f).
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Examples of Financial Assurance Amount in a sentence

  • In accordance with applicable Law, Seller shall take all commercially reasonable actions necessary with the applicable Governmental Authorities to withdraw the entire Financial Assurance Amount (such withdrawn amounts, the “Withdrawn Amounts”) effective on the day prior to the Closing Date (and prior to such time, shall continue to fund the Financial Assurance Amount as required by applicable Law).

  • Approval by the applicable Governmental Authorities to the substitution of Buyer for Seller under the Consent Decree; the release of Seller from all obligations under the Consent Decree; and replacement of the Financial Assurance Amount by Buyer as contemplated by Section 6.10 (or, in lieu thereof in the event required by the applicable Governmental Authorities, the transfer of all right, title and interest to the Financial Assurance Amount to Buyer), shall have been obtained.

  • Approval by the applicable Governmental Authorities to the substitution of Buyer for Seller under the Consent Decree; the release of Seller from all obligations under the Consent Decree; and replacement of the Financial Assurance Amount by Xxxxx as contemplated by Section 6.10 (or, in lieu thereof in the event required by the applicable Governmental Authorities, the transfer of all right, title and interest to the Financial Assurance Amount to Buyer), shall have been obtained.

  • If Concessionaire Is: Then the Financial Assurance Amount Is: Full Service Rental Car Concessionaire and Incumbent Company $520,000 Incumbent Company but not Full Service Rental Car Concessionaire $370,000 Full Service Rental Car Concessionaire but not an Incumbent Company $230,000 The Financial Assurance shall secure the Concessionaire‟s full and faithful performance of all of Concessionaire‟s obligations under ARTICLE 18 and ARTICLE 19 of this Agreement (“the Environmental Covenants”).


More Definitions of Financial Assurance Amount

Financial Assurance Amount means that amount of money necessary to conduct and complete reclamation on the mined lands in accordance with
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Financial Assurance Amount has the meaning assigned to such term in Section 2.6(k)(ii).
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Related to Financial Assurance Amount

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 21.

  • Financial Assistance Agreement means the Financial Assistance Agreement by and between the State of Wisconsin by the Department of Natural Resources and the Department of Administration and the Municipality pursuant to which the Bonds are to be issued and sold to the State, substantially in the form attached hereto and incorporated herein by this reference;

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Financial Instruments means commodities, securities, and derivatives of all types, including, without limitation, stocks and other equity instruments, bonds and other debt instruments, commodities and futures, forwards, swaps, and options that derive their value from bonds, equities, commodities or indices thereof. EXHIBIT C