Common use of Additional Financial Assurance Clause in Contracts

Additional Financial Assurance. In addition to the initial lease-specific financial assurance discussed above, the Lessee is also required to provide additional supplemental bonds associated with the SAP and COP, or other form of financial assurances and a decommissioning bond or other approved means of meeting the Lessee’s decommissioning obligations.‌

Appears in 4 contracts

Samples: www.boem.gov, www.boem.gov, www.boem.gov

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Additional Financial Assurance. In addition to the initial lease-specific financial assurance previously discussed aboveand as set forth in 30 CFR 585.516-.517, the Lessee is also required to provide additional supplemental bonds associated with the SAP and COP, or other form of financial assurances and a decommissioning bond or other approved means of meeting the Lessee’s decommissioning obligations.‌obligations.

Appears in 2 contracts

Samples: cdn.cocodoc.com, www.boem.gov

Additional Financial Assurance. In addition to the initial lease-specific financial assurance discussed above, the Lessee is also required to provide additional supplemental bonds associated with the SAP and COP, or other form of financial assurances assurances, and a decommissioning bond or other approved means of meeting the Lessee’s decommissioning obligations.‌obligations.

Appears in 1 contract

Samples: www.boem.gov

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Additional Financial Assurance. In addition to the initial lease-specific and supplemental financial assurance discussed above, the Lessee is also required to provide an additional supplemental bonds associated with the SAP and COPbond, or other form of financial assurances assurance, and a decommissioning bond or other approved means of meeting the Lessee’s decommissioning obligations.‌obligations.

Appears in 1 contract

Samples: www.boem.gov

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