Reclamation Bonds definition

Reclamation Bonds means the bonds pledged or posted by one or more Sellers in connection with the operation of the portion of the Acquired Assets owned by such Seller. A description of all Reclamation Bonds is set forth on Schedule 1.1F.

Reclamation Bonds means all cash (or cash equivalent), letters of credit and surety bonds posted by or for the benefit of any of the Arch Companies to secure the performance of their respective reclamation or other obligations pursuant to, in connection with or as a condition of the licenses held by any of them, as set forth on Schedule 4.2.31(1).

Reclamation Bonds has the meaning set forth in Section 3.14.

Examples of Reclamation Bonds in a sentence

• Purchaser shall cooperate with Sellers to obtain the requisite consent from all Governmental Authorities to the release of the Reclamation Bonds.

• Each Seller hereby agrees that, until Purchaser is able to post its own bonds with each applicable Governmental Authority, the Reclamation Bonds will remain in full force and effect and the applicable Seller shall not apply for any release thereof.

• As of the Closing Date, Buyer shall deliver to the applicable Governmental Authorities duly executed Replacement Bonds and Buyer shall use its best efforts to cause such agencies to fully and unconditionally release Sellers and their respective Affiliates from all obligations relating to the Reclamation Bonds and any liabilities related thereto.

• The restrictions in this Section relating to Debt shall not apply to Mine Reclamation Bonds, surety bonds, banking agreements, letters of credit, or other financial commitment related to providing financial security or assurance for the TMPA's mine reclamation responsibilities.

• Rich Perry presented an update with a PowerPoint presentation regarding Geothermal Resources and Pooling of Reclamation Bonds with two Hearings at the November CMR meeting, and Mining Claims with an expected Hearing at the February 2020 CMR meeting.

More Definitions of Reclamation Bonds

Reclamation Bonds means cash deposits and other forms of security held in the name of or on behalf of the Votorantim in connection with reclamation obligations in respect of the Acquisition Property, as set out in Section 1.1(i) of the Disclosure Schedule.

Reclamation Bonds has the meaning set forth in Section 5.12.

Reclamation Bonds shall include those bonds set forth on the attached schedule of “Surety Bond Without Premium,” as the same may be updated and/or revised by the Parties from time to time.

Reclamation Bonds means all reclamation bonds, surety and other security provided by Golden Star, the Seller, the Company Group or any of its Affiliates as set forth in Schedule 1.1(nnnn) of the Seller Disclosure Letter;

Reclamation Bonds means the cash deposits held in the name of the Vendor in Account Number 00000000 and Account Number 00-0000-00 with Xxxxx Fargo Bank, N.A., pursuant to the Trust Agreement dated August 31, 1993 by and between the Vendor, as Grantor, and Xxxxx Fargo Bank, N.A., as Trustee for the benefit of the Texas Commission on Environmental Quality, or the Trust Agreement dated June 26, 2009 by and between the Vendor, as Grantor, and Xxxxx Fargo Bank, N.A., as Trustee for the benefit of the Texas Commission on Environmental Quality.

Reclamation Bonds meanss all bonds, required by any Governmental Authority in connection with the conduct or contemplated conduct of mining operations, including, without limitation, all performance and reclamation bonds required in connection with the mining permits for the Coal Properties.

Reclamation Bonds means those bonds held to secure reclamation obligations, more particularly described on the list of assets in Schedule A.