Reclamation Obligations definition

Reclamation Obligations means statutory, contractual, constructive or legal obligations, including the principal component of any obligations in respect of letters of credit, bank guarantees, performance or surety bonds or other similar instruments, associated with decommissioning of mining operations and reclamation and rehabilitation costs, including the cost of complying with applicable environmental regulation.

Reclamation Obligations means statutory, contractual, constructive or legal obligations associated with decommissioning of mining operations and/or mineral processing facilities and reclamation and rehabilitation costs arising when environmental disturbance is caused by the exploration or development of mineral properties, plant and equipment.

Reclamation Obligations means statutory, contractual, constructive or legal obligations, including the principal component of any obligations in respect of letters of credit, bank guarantees, performance or surety bonds or other similar instruments, associated with decommissioning of mining operations, oil and gas operations and power operations and reclamation and rehabilitation costs, including the cost of complying with applicable environmental regulation.

Examples of Reclamation Obligations in a sentence

• Reclamation Obligations Estimated reclamation costs are based on legal, environmental and regulatory requirements.

• For greater certainty, access to the Fund, including the precise amount of the Fund to be released for payment of amounts required to satisfy the Reclamation Obligations of the Beneficiaries, is subject to the Tribunal’s written approval.

• Subject to Article 5, the Trustee shall draw upon the Fund solely for the purpose of funding the discharge of the Reclamation Obligations of the Beneficiaries.

• Please refer to Table 1 in the Amended Application for the Leach Creek Segment Reclamation Obligations by Reimbursement Date.

• The Trustee, and every delegate of the Trustee, including any Investment Manager appointed pursuant to this Agreement, is to ensure that every expense item about to be incurred in the discharge of a Trustee duty or the exercise of a Trustee power is necessarily incurred and is demonstratively reasonable in cost, the intent of such prudence being to maximize the Trust Fund resources that are available for Reclamation Obligations.

More Definitions of Reclamation Obligations

Reclamation Obligations means all reclamation and similar obligations arising from Sellers’ and their Affiliates’ ownership and operation of the Business, including, without limitation, all obligations under SMCRA.

Reclamation Obligations has the meaning set forth in the recitals.

Reclamation Obligations has the meaning set forth in the definition of “Original Collateral Bond.”

Reclamation Obligations means the current and future obligations of the Beneficiaries to carry out Reclamation of the Site;

Reclamation Obligations means, with respect to any Person, all mine closure, asset retirement and environmental reclamation obligations of such Person, whether matured, real or contingent, on a consolidated basis at such time (except to the extent fully defeased by cash collateral).

Reclamation Obligations means the reclamation and remediation obligations under the EPEA and PLA in respect of the 216 Disposition Lands, the JMB Disposition Lands, the JMB Active Royalty Lands and the JMB Inactive Royalty Lands;

Reclamation Obligations means the abandonment, reclamation and remediation obligations under the Regulatory Legislation in respect of the 216 Disposition Lands, the JMB Disposition Lands, the JMB Active Royalty Lands and the JMB Inactive Royalty Lands, including under any EPOs, EOs or other regulatory orders issued under the Regulatory Legislation by the AEP;