Mining Financial Assurances definition

Mining Financial Assurances has the meaning specified in Section 5.10.
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Mining Financial Assurances means any and all surety bonds or escrow agreements and any payment or prepayments made with respect to, or certificates of deposit or other sums or assets required to be posted by the Borrower under Mining Law for Reclamation or otherwise.
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Mining Financial Assurances means letters of credit or performance bonds for reclamation or otherwise, surety bonds or escrow agreements and any payment or prepayment made with respect to, or certificates of deposit or other sums or assets required to be posted by the Borrower under Mining Laws for reclamation or otherwise.
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Examples of Mining Financial Assurances in a sentence

  • For additional discussion, see U.S. Government Accountability Office, Surface Coal Mining, Financial Assurances for, and Long-Term Oversight of, Mines with Valley Fills in Four Appalachian States, GAO-10- 206, January 2010.

  • For more information on the role the Clean Water Act plays in the regulation of the surface effects of coal mining, see GAO, Surface Coal Mining: Financial Assurances for, and Long-Term Oversight of, Mines with Valley Fills in Four Appalachian States, GAO-10-206 (Washington, D.C.: Jan.

  • All Mining Financial Assurances have been obtained by each Borrower and each of its Subsidiaries.

  • Schedule 5.13 sets forth a complete and accurate list of all Mining Financial Assurances held by Sellers with respect to the Purchased Assets, categorized by Transferred Permit/License or the Purchased Assets, and including the name of the provider, the amount provided, and the amounts of collateral held by the provider.


More Definitions of Mining Financial Assurances

Mining Financial Assurances means performance bonds for reclamation or otherwise, surety bonds or escrow agreements and any payment or prepayment made with respect to, or certificates of deposit or other sums or assets required to be posted by any Loan Party under Applicable Law for reclamation or otherwise.
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Mining Financial Assurances shall have the meaning assigned to such term in Section 6.02(k)(viii)(B).
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Mining Financial Assurances means performance bonds for reclamation or otherwise, surety bonds or escrow agreements and any payment or prepayment made with respect to, or certificates of deposit or other sums or assets required to be posted by the Company under Mining Laws for reclamation or otherwise.
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Related to Mining Financial Assurances

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

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  • Financial assistance means the transfer of money or property to an Applicant or Participant to accomplish a public purpose of support authorized by Federal statute through Grants or Cooperative Agreements and sub-awards. For DOE, it does not include direct loans, loan guarantees, price guarantees, purchase agreements, Cooperative Research and Development Agreements (CRADAs), or any other type of financial incentive instrument.

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