Examples of Retained Permits in a sentence
The Reorganized Debtors may submit applications for revisions, modifications or amendments to the Retained Permits as the Reorganized Debtors may determine to be desirable or necessary to amend the terms and conditions of any Retained Permit or to facilitate bond reduction, bond release and/or efficient and cost effective completion of reclamation.
The Reorganized Debtors shall provide full cost bonding with respect to any remaining Retained Permits by no later than 60 days after Effective Date.
To the extent the Restructuring Transactions, as a technical matter, may require updates or modifications of the Retained Permits that constitute permit transfers under applicable law, the Reorganized Debtors and the Department agree to cooperate and work in good faith with each other to effectuate such updates, modifications or transfers upon the Reorganized Debtors' application therefor.
By: Its: Exhibit 1 [Schedule of Retained Permits] SCHEDULE OF RETAINED PERMITS COMPLEX PERMIT NUMBER PERMITTEE MINE STATUS Twin Star 1101960 TWIN STAR MINING, INC.
Any applications for revision, modification or amendment of the Retained Permits will be advertised in accordance with applicable regulatory requirements and otherwise comply with applicable regulatory requirements.
The Reorganized Debtors and the Department agree to work in good faith with each other to ensure that the reclamation, mitigation and water treatment work with respect to the Retained Permits is sequenced and otherwise conducted in a manner that maximizes the reclamation work that can be completed with the resources available.
For the avoidance of doubt, nothing herein affects the rights of the Department to take all enforcement actions consistent with applicable Commonwealth and federal law on any Retained Permits for any other violation.
With respect to all Material Asset Sales of assets involving mining assets located in the Commonwealth or Retained Permits, the Reorganized Debtors shall provide reasonable notice of, and consult with the Department regarding, the proposed Material Asset Sale.
If the Reorganized Debtors are performing the reclamation, mitigation and water treatment obligations under the Retained Permits in accordance with their time frames and provisions or any applicable Reclamation Agreements or consent orders, the Department shall take no action to forfeit the reclamation bonds relating to the Retained Permits or issue any notice of noncompliance or cessation order based solely on a failure to undertake reclamation in a timely manner.
Seller shall reasonably cooperate with Buyer to facilitate Buyer's obtainment of the Retained Permits.