Decommissioning Plan definition
Examples of Decommissioning Plan in a sentence
The Licencee shall submit within one (1) year prior to closure of the facility, for the approval of the Director, a formal detailed Decommissioning Plan for the facility.
A surety bond or letter of credit for the benefit of the County in the amount of the Revised Cost shall be established on or before the sixth anniversary of the Decommissioning Plan Date and every five years thereafter.
In accordance with the Development Agreement, NEMO shall file with the County a revised Decommissioning Plan on or before the fifth anniversary of the Decommissioning Plan Date, and every five years thereafter (each a “Revised Plan”).
As detailed in the Decommissioning Plan, the estimated cost of decommissioning exceeds the estimated salvage value by $[ ] and in accordance with Development Agreement, ▇▇▇▇ has agreed to provide a letter of credit in such amount (“Letter of Credit”).
The Parties participating in the development will before submission of a development plan to the Danish Energy Agency agree on a Decommissioning Plan, which will be drafted in accordance with any applicable laws, regulations, guidelines and governmental decisions.