Financial Assurances definition

Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 19.

Financial Assurances means the financial assurances provided by Shipper and accepted by Carrier in accordance with Rule 21.

Financial Assurances means monetary funds, securities, or other instruments provided by the operator to ensure that surface mining operations are reclaimed according to the approved reclamation plan, should the operator abandon the mine site.

Examples of Financial Assurances in a sentence

• The Carrier shall not be obligated to accept Crude Petroleum for transportation from an existing or prospective Shipper if the Shipper or prospective Shipper fails to deliver the Financial Assurances to Carrier.

• Any renewal of Service is subject to the Financial Assurances provisions in Article 10 of the General Terms and Conditions.

• The Carrier shall not be obligated to accept Crude Petroleum for transportation from an existing or prospective Shipper if Shipper or prospective Shipper fails to deliver the Financial Assurances to the Carrier within ten (10) days of Shipper's receipt of the Carrier's written request for such Financial Assurances.

• The Carrier will not provide a notice of acceptance of a transfer until such time as the transferee has satisfied the Carrier of its capacity to undertake the transferor’s obligations and has provided any Financial Assurances requested by the Carrier in accordance with Rule 22 of this tariff.

• The Carrier shall not be obligated to accept Crude Petroleum for transportation from an existing or prospective Shipper if the Shipper or prospective Shipper fails to deliver the Financial Assurances to Carrier within ten (10) days of Shipper's receipt of Carrier's written request for such Financial Assurances.

More Definitions of Financial Assurances

Financial Assurances means the Financial Assurances provided by the Shippers and accepted by the Carrier in accordance with Item 125.

Financial Assurances means a current approved financial assurance cost estimate and a financial assurance mechanism that is at least equal to the current approved financial assurance cost estimate. (Added by Stats. 2016, Ch. 7, Sec. 4. Effective January 1, 2017.)

Financial Assurances means one or more of the forms of security set forth in Section 6.2.3(c).

Financial Assurances has the meaning set forth in Section 4.18(a).

Financial Assurances shall have the meaning ascribed thereto in Section 3.10(b) of this Agreement.

Financial Assurances as herein used means the Financial Assurances provided by Shippers and accepted by Carrier in accordance with Item No. 72 herein.

Financial Assurances is defined in Section 3.5.