Common use of Financial Assurance Clause in Contracts

Financial Assurance. The Lessor will base the determination for the amounts of all SAP, COP, and decommissioning financial assurance requirements on estimates of the cost to meet all accrued lease obligations. The Lessor determines the amount of supplemental and decommissioning financial assurance requirements on a case-by-case basis. The amount of financial assurance required to meet all lease obligations includes:  The projected amount of rent and other payments due the Lessor over the next 12 months;  Any past due rent and other payments;  Other monetary obligations (e.g., fines, liens); and  The estimated cost of facility decommissioning.

Financial Assurance. The Lessor will base the determination for the amounts of all SAP, COP, and decommissioning financial assurance requirements on estimates of the cost to meet all accrued lease obligations. The Lessor determines the amount of supplemental and decommissioning financial assurance requirements on a case-by-case basis. The amount of financial assurance required to meet all lease obligations includes:  • The projected amount of rent and other payments due the Lessor over the next 12 months;  • Any past due rent and other payments;  • Other monetary obligations (e.g., fines, liens); and  • The estimated cost of facility decommissioning.

Financial Assurance. The Lessor will base the determination for the amounts of all SAP, COP, and decommissioning financial assurance requirements on estimates of the cost to meet all accrued lease obligations. The Lessor determines the amount of supplemental and decommissioning financial assurance requirements on a case-by-case case‐by‐case basis. The amount of financial assurance required to meet all lease obligations includes:  The projected amount of rent and other payments due the Lessor over the next 12 months;  Any past due rent and other payments;  Other monetary obligations (e.g., fines, liens); and  The estimated cost of facility decommissioning.

Financial Assurance. The Lessor will base the determination for the amounts of all SAP, COP, and decommissioning financial assurance requirements on estimates of the cost to meet all accrued lease obligations. The Lessor determines the amount of supplemental and decommissioning financial assurance requirements on a case-by-case case‐by‐case basis. The amount of financial assurance required to meet all lease obligations includes:  • The projected amount of rent and other payments due the Lessor over the next 12 months;  • Any past due rent and other payments;  • Other monetary obligations (e.g., fines, liens); and  • The estimated cost of facility decommissioning.