Examples of Mine Reclamation Agreement in a sentence
Note: Exhibit 1C is subject to adjustment as provided in this Mine Reclamation Agreement.
The Reclamation Oversight Committee will be activated on the Effective Date of this Mine Reclamation Agreement and will remain in existence during the term of this Mine Reclamation Agreement.
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.
Within ninety (90) days after the Effective Date of this Mine Reclamation Agreement, PNMR-D will deposit into its Reclamation Trust immediately available funds sufficient to satisfy its Reclamation Share of the Reclamation Funding Target Amount for calendar year 2015.
The Reclamation Investment Committee will have no authority to modify any of the provisions of this Mine Reclamation Agreement.
The Reclamation Investment Committee will remain in existence during the term 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.
A Party, the Mandatory Provisions of whose Reclamation Trust Agreement have been determined by the Reclamation Investment Committee, pursuant to Section 6.3.6, not to be in compliance with the requirements of this Mine Reclamation Agreement, will act promptly to bring itself into compliance therewith and will promptly inform the Reclamation Investment Committee of actions taken to bring itself into compliance.
The Council intends to develop / adapt internal procedures and technical specifications to be used by external contractors in accordance with technical guidance relating to investigations of this nature (e.g. British Standard Code of Practice for investigation of potentially contaminated sites BS 10175:2011+A1:2013).
The purpose of this Agreement is to provide funding for the payment to SJCC of certain coal mine reclamation costs, in accordance with Party A’s obligations as set out in the Mine Reclamation Agreement.