Reclamation Security definition

Reclamation Security means any security for Reclamation Obligations required under the Regulatory Legislation;

Reclamation Security means security for Reclamation Obligations granted or delivered to the MEP pursuant to the JMB Royalty Registrations in accordance with the EPEA;

Reclamation Security means the amount of $16,500,000 plus any interest earned thereon set aside by Gibraltar to secure its Reclamation Obligations which has been held and invested pursuant to the terms and conditions of a Safekeeping Agreement, as well as certain tangible security, to secure the Reclamation Obligations as detailed in the Reclamation Agreement and the Asset Security Agreement; and

Examples of Reclamation Security in a sentence

• Over the period of the license and in accordance with the Reclamation Security Agreement schedule, the Company must issue promissory notes, secured generally over all the assets of the Company, and place funds in escrow.

• Demonstration plots of food crops and common commercial species are established within areas of restorable lands.In terms of the Reclamation Security Agreement with the EPA, an update of the Costed Reclamation Plan is submitted every two years, and this includes a Completion Progress Report, describing work performed in relation to tracts of “disturbed land” and the level of reclamation.

• An estimate of the dollar amounts required for Construction Security, Operating Security, and Decommissioning and Reclamation Security under Article 8.

• The Company has provided a Reclamation Security Agreement which pledges the Mactung Property as security for any amounts owing under the license and monies owed by way of secured promissory notes.

• The EA covers a number of topics that it was felt were not adequately regulated at the time the mine was approved and includes Traditional Knowledge, Archaeology, Water, Air Quality, and Reclamation Security.

• Associations referenced several policies and regulations already in existence as examples for the Public Interest Bonding Strategy to consider such as the Major Mines Reclamation Security Policy (Interim), the Contaminates Sites Regulation, and the Comprehensive Liability Management Plan.

• Similarly, environmental organizations and the First Nations Energy and Mining Council explicitly stated that the any policies arising from the Public Interest Bonding Strategy, along with the Major Mines Reclamation Security Policy (Interim) (the policy) should be made into regulations.

• Specific unit costs for granite capping were provided by BHP Billiton in the Ekati Mine 2013 Reclamation Security Estimate.

• A detailed explanation of how the Board determined the total security deposit is provided in Appendix 2: Detailed Reasons for Decision for the Determination of the Gahcho Kué Project Reclamation Security.

• It was asked if there is any way to determine how much a mining company such as Miramar has actually contributed to the Reclamation Security Trust beyond the initial $455 million.

More Definitions of Reclamation Security

Reclamation Security means the letters of credit issued by the Bank of Nova Scotia as security for the Reclamation obligations of the Vendor and Placer (CLA) pursuant to the Reclamation Permits; (am)

Reclamation Security means the security required under Section 88 of the Act to be provided for the reclamation of the area that may be disturbed by the activities of a licensee, lessee, registrant or holder of a letter of authorization or excavation registration, or their agent or assignee;