Reclamation Security definition

Reclamation Security means security for Reclamation Obligations granted or delivered to the MEP pursuant to the JMB Royalty Registrations in accordance with the EPEA;
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Reclamation Security means any security for Reclamation Obligations required under the Regulatory Legislation;
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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;
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Examples of Reclamation Security in a sentence

  • 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.

  • Abosso has signed a Reclamation Security Agreement with the EPA, which is secured by the provision of an Irrevocable Letter of Credit in the amount of US$2 million and a cash deposit of US$200,000.

  • The terms of the reclamation bonding are currently being negotiated with the EPA in the form of a standard Reclamation Security Agreement.In addition, the Company received the Environmental Invoice (the "Invoice") and Water Use Permits for the Esaase deposit from the relevant Ghanaian Regulatory Authorities in March 2014.

  • There are three levels of accepted completion and associated reduced bonding costs: Primary completion reduced to 30% Completion 20% Final completion 0% (bond no longer required for this area) At the time of the Reclamation Security Agreement of September 2003, the adjusted cost estimate derived in this manner was USD12.0M.

  • The Parties acknowledge that a Closure Plan dated July 22, 2013 has been previously filed by MineCo with the Government of Ghana as reflected in a Reclamation Security Agreement between MineCo and the Government of Ghana dated October 21, 2014, which Closure Plan will be reviewed and approved with necessary modifications by the Management Committee from time to time.

  • The annual Mining Operating Plan also contains details related to closure and reclamation.Rehabilitation and closure of the existing operations (including processing plant, TSF’s, pit excavations, waste dumps and transport corridor) are covered under the EMP, Reclamation Security Agreement and associated bank guarantee (bond).

  • There are three levels of accepted completion and associated reduced bonding costs: Gold Fields and IAMGold, Takwa ITR Primary completion reduced to 30% Completion 20% Final completion 0% (bond no longer required for this area) At the time of the Reclamation Security Agreement of September 2003, the adjusted cost estimate derived in this manner was USD12.0M.

  • Since then, the former heap leach area has been encompassed within TSF1 and most of the open pit excavations have been rehabilitated or expanded by subsequent mining.Disturbances by the legacy operations are covered by the Reclamation Security Agreement and Wassa closure plan and financially addressed by the company asset retirement obligations as well as the bond required by the EPA.


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)
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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
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Related to Reclamation Security

  • Transaction Security means the Security provided for the Secured Obligations pursuant to the Security Documents.

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Information Security shall have the same meanings as the terms “information technology” and “information security”, respectively, in §24-37.5-102, C.R.S. Capitalized terms used herein and not otherwise defined herein or in the HIPAA Rules shall have the meanings ascribed to them in the Contract.

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • System Security means the secure state of the Grid achieved when the System Operator acts in accordance with its principal performance obligations in relation to common quality and dispatch that are set out in Part 7 of the Code;

  • Collateral has the meaning set forth in Section 2.

  • Common Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $25 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • Salvage vehicle means any vehicle which is within the last ten (10) model years and which has been damaged by collision or other occurrence to the extent that the cost of repairing the vehicle for safe operation on the highway exceeds sixty percent (60%) of its fair market value, as defined by Section 1111 of this title, immediately prior to the damage. For purposes of this section, actual repair costs shall only include labor and parts for actual damage to the suspension, motor, transmission, frame or unibody and designated structural components;

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Foreign Security Documents means the collective reference to the security agreements, debentures, pledge agreements, charges and other similar documents and agreements pursuant to which any Grantor purports to pledge or grant a security interest in any property or assets located outside of the United States (including any Pledged Equity Interests of any Issuer organized under a jurisdiction other than the United States or any state or locality thereof securing the Secured Obligations).

  • the vehicle means the vehicle named in the licence.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • The Vessel means the vessel named in Box 5 and with particulars as stated in Boxes 6 to 12.

  • Information Security Program means the administrative, technical, and physical safeguards that a licensee uses to access, collect, distribute, process, protect, store, use, transmit, dispose of, or otherwise handle nonpublic information.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Mortgage-related security means an obligation that is rated AA or higher (or the equivalent) by a securities rating agency recognized by the Securities Valuation Office of the NAIC and that either:

  • Tender Security means the security required to be submitted by the Tenderer with its Tender Offer.