Financial surety definition

Financial surety means a general obligation bond, revenue bond, performance bond, or any other type of financial guaranty, in fully marketable form, as evidence to the commitment of the construction of a public wastewater project.
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Financial surety or “financial warranty” means the method of assuring that sufficient funds will be available at the time of license termination and decommissioning of the facility to cover all costs associated with the decommissioning.
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Financial surety or “financial warranty” means the method of assuring that sufficient funds will
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Examples of Financial surety in a sentence

  • F.2.3.3 Uranium Recovery Waste Management Facilities Financial surety arrangements must be established by each mill operator prior to the start of operations to assure sufficient funds will be available to carry out the Decontamination and Decommissioning (D&D) of the mill and site and for the reclamation of any tailings or waste disposal areas in the event the licensee is unable to do so.

  • Financial surety arrangements generally acceptable to NRC include: surety bonds, cash deposits, certificates of deposit, deposits of government securities, escrow accounts, irrevocable letters or lines of credit, trust funds, and combinations of the above or other arrangements approved by NRC.

  • Modified: now same requirements for PCMs as HEWs 8.8.2.1(b)(4)New requirement 8.8.2.3 Onsite Audits of Immediate Downstream ProvidersEvidence of e-Stewards certification could include a copy of the certificate or a dated screenshot of the e-Stewards website listing Financial surety: see 6.4 The final sentence of this section refers to verification of contingency planning information for the IDP’s downstream.

  • At any time, a Party may seek or obtain preliminary, interim or conservatory measures from the arbitrators or from a court.

  • Financial surety is required to support these obligations, either through the original security or by provision of a specific fund.

  • Financial surety for improvements required within Section 7 shall be subject to the Black Diamond Engineering Design and Construction Standards (Exhibit “E”) as referenced in Subsection 7.1.4. All other permits shall provide bonding surety or other financial guarantee as required by BDMC 17.20.050.B (Exhibit “E”) and the Black Diamond Engineering Design and Construction Standards Section 1.5 (Exhibit “E”) .”).

  • That the Corporate Policy & Resources Committee approve the revised CRB Policy – now the DBS policy and the policy is adopted for all employees of the council.

  • Financial surety shall be received and approved prior to issuance of a site development permit for the SUBJECT PROPERTY.

  • Financial surety in form acceptable to the County Enforcing Agency may be required as a condition of a SESC Permit.

  • Criterion 9 - Financial surety arrangements shall be established by each mill ~ operator to assure that sufficient funds will be available to carry out the d5 contamination and decommissioning of the mill and site and for the : reclamation of any tallings or waste disposal areas.

Related to Financial surety

  • Financial aid means loans and/or grants to needy students

  • Financial Indebtedness means any indebtedness for or in respect of:

  • Academy Financial Year means the academic year from 1st of September to 31st of August in any year;

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • Solvency mean, with respect to any Person on any date of determination, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.