Retained Bonds definition
Examples of Retained Bonds in a sentence
All Retained Bonds shall remain in place or shall be replaced with Surety Bonds or other financial assurance reasonably acceptable to the Department of an identical amount.
All Retained Bonds shall remain in place or shall be replaced with Surety Bonds or other Financial Assurance reasonably acceptable to the Department of an identical amount; provided that, nothing herein shall limit the Reorganized Debtors' obligation to provide full cost bonding pursuant to Paragraph 6(a) herein.
All Retained Bonds shall remain in place or shall be replaced with Surety Bonds or other Financial Assurance reasonably acceptable to the Department of an identical amount.
For the avoidance of doubt, the Reorganized Debtors may not use the funds in the Restricted Cash Accounts (a) for the payment of premiums on the Retained Bonds or any Surety Bonds or other Financial Assurance that replace or supplement the Retained Bonds; or (b) to pay for maintenance or general upkeep of the Mining Complex unrelated to the reclamation, mitigation or water treatment and management approved by the Department in the Reclamation Schedule.
All Retained Bonds shall remain in place or shall be replaced with Surety Bonds or other Financial Assurance reasonably acceptable to OSMRE of an identical amount.