Bond release definition
Bond release means the time at which the appropriate regulatory authority returns a reclamation or performance bond based upon its determination that reclamation work (including, in the case of underground mines, mine sealing and abandonment procedures) has been satisfactorily completed.
Bond release means the time at which the appropriate regulatory authority returns a reclamation or performance bond based upon its determination that reclamation work has been satisfactorily completed.
Bond release means the time at which the appropriate regulatory authority returns a reclamation or performance bond
Examples of Bond release in a sentence
Upon release of any BOEM Bond under this Section 7.4(f), Exhibit 5C hereof shall be deemed to have been amended accordingly to reflect such BOEM Bond release.
Final Bond release shall be subject to receipt and acceptance of the project Sewer As-Builts.
The holder or holders of this Bond, by the acceptance hereof, and as part of the consideration for this Bond, release all claims and waive all liabilities against the foregoing persons in connection with this Bond.
More Definitions of Bond release
Bond release means the time at which the Division of Reclamation returns or reduces liability on a performance bond based upon its determination that reclamation work (including, in the case of underground mines, mine sealing and abandonment procedures) has been satisfactorily completed.
Bond release means that certain officer’s certificate of ▇▇▇▇▇▇▇ to be delivered to the Trustee (as defined in the Griffon Indenture) pursuant to Section 10.06 of the Griffon Indenture in order to obtain a release of the obligations of the ▇▇▇▇ Target Companies under the senior notes issued pursuant thereto.
Bond release. Section 3C