Common use of Decommissioning Security Clause in Contracts

Decommissioning Security. Concurrently with the execution of this Lease, PEF has furnished Ranchcorp with security for its obligations under Section 8.13 in the form required under Section 4.2(e) of the Option Agreement.

Appears in 2 contracts

Sources: Ground Lease (Tejon Ranch Co), Option Agreement (Tejon Ranch Co)