Common use of Reclamation Clause in Contracts

Reclamation. At its sole cost and expense, Purchaser shall reclaim and leave the Property at termination in a condition satisfactory to the University and consistent with the terms of this Agreement including but not limited to Paragraph 8 above, and in full compliance with all federal, state and local codes, regulations and statutes including but not limited to, compliance with Alaska Statutes 27.19 and 11 Alaska Administrative Code 97 (including but not limited to 11 AAC 97.250) and other applicable statutes and regulations that may be enacted by an entity with jurisdiction over the operations conducted on the Property during the Term. Purchaser’s responsibility to reclaim the Property shall include all areas developed, mined or otherwise disturbed by Purchaser. Purchaser’s responsibility to reclaim the Property under the terms of this Agreement shall survive termination of this Agreement. It is the intent of this Agreement that Purchaser shall reclaim all disturbed areas as soon as Purchaser’s use of the area is concluded.

Reclamation. At its sole cost and expense, Purchaser shall reclaim and leave the Property at termination in a condition satisfactory to the University and consistent with the terms of this Agreement (including but not limited to Paragraph 8 9.F. above, and in full compliance with all federal, state and local codes, regulations and statutes including but not limited to, compliance with Alaska Statutes 27.19 and 11 Alaska Administrative Code 97 (including but not limited to 11 AAC 97.250) and other applicable statutes and regulations that may be enacted by an entity with jurisdiction over the operations operation conducted on the Property during the Term. Purchaser’s responsibility to reclaim the Property shall include all areas developed, mined or otherwise disturbed by Purchaser. Purchaser’s responsibility to reclaim the Property under the terms of this Agreement shall survive termination of this Agreement. It is the intent of this Agreement that Purchaser shall reclaim all disturbed areas as soon as Purchaser’s use of the area is concluded.