Examples of Mine Reclamation Agreement in a sentence
Upon delivery of the Default Declaration, the Party in Default under this Decommissioning Agreement will lose all its rights but retain its obligations under this Decommissioning Agreement, the Mine Reclamation Agreement and the Restructuring Agreement so long as the Default is in effect.
The Parties desire to accommodate such assignee elections in a manner that will: (i) not unduly restrict or interfere with an Assigning Party’s ability to transfer or assign its rights, titles and interests in the Project and under this Mine Reclamation Agreement; and (ii) assure that the rights and expectations of the non-assigning Parties, as well as SJCC and PNM, are fully protected by providing for appropriate levels of funding of a Reclamation Trust established by the assignee of the Assigning Party.
No interest in the Trust Funds established pursuant to this Agreement will be transferable or assignable, voluntarily or involuntarily, or be subject to the claims of Party A or its creditors, PNM or its creditors or SJCC or its creditors other than as provided in the Mine Reclamation Agreement.
However, the European Commission itself so far has not decided to introduce any binding law (regulations or direc- tives) against unfair use of a bargaining power of purchasers, but it adopted in 2014 the Communication on tackling unfair trading practices (UTPs) in the business-to-business food supply chain12 and in 2016 addressed the report on unfair business-to-business trading practices in the food supply chain to the European Parliament and the Council13.
Except as provided in the previous sentence, nothing in this Mine Reclamation Agreement will create or be deemed to create any third party beneficiary rights in any person not a party to this Mine Reclamation Agreement.
Further, each Party represents and warrants to the other Parties that, to the best of its knowledge and upon reasonable inquiry, there is no claim pending or threatened against it which seeks a writ, judgment, order or decree restraining, enjoining or otherwise prohibiting or making illegal any of the transactions contemplated by this Mine Reclamation Agreement or which could result in the filing of any mechanic’s or materialman’s lien against the SJGS Plant Site.
The Reclamation Oversight Committee will have no authority to modify any of the provisions of this Mine Reclamation Agreement.
A Trust created pursuant to this Agreement is irrevocable and will not be modified by Party A in a manner that (i) is inconsistent with the Mine Reclamation Agreement; or (ii) will adversely affect the interests of the Beneficiary.
In no event will the obligation to pay under this Mine Reclamation Agreement be considered an obligation against the general faith and credit or general taxing power of Farmington or Los Alamos.
Notwithstanding any other provision of this Mine Reclamation Agreement, the payment for all purchases, fees or charges made by Farmington and Los Alamos under this Mine Reclamation Agreement will be made from the legally-available revenues of Farmington’s and/or Los Alamos’s Electric Utility System.