Sentence examples for reclamation obligations from inspiring English sources
His nonprofit company would assume Patriot's environmental and reclamation obligations.
He took over reclamation obligations from Walter Energy, another mining company that had declared bankruptcy.
Surety companies that had insured Patriot's reclamation obligations agreed to release millions in cash so Mr. Clarke could start the work.
Permit blocking If a company fails to fulfill its mine reclamation obligations under the SMCRA, neither that company nor any of its principal owners are allowed to take out any more mining permits until those reclamation obligations have been met.
This defeats the original intention of a bonding system which should be to encourage mining companies to fulfill reclamation obligations and have the bond money returned.
Before a mine permit is issued, the mine operator must submit a reclamation bond to secure the performance of reclamation obligations (Bonogofsky et al. 2015).
If the amount calculated is too small, there will be a huge capital gap for reclamation and the land will be left unreclaimed or result in a great financial burden to the government and community to reclaim the operation once the mining company forfeits their reclamation obligation.
The judge agreed to oversee the deal's enforcement, which includes freeing the reclamation bureau of its drainage obligations and keeping the federal government and Westlands to a three-year payment schedule.
Land reclamation "was incompatible with the obligations on a state during dispute resolution proceedings", it added, since it involved causing "irreparable harm to the marine environment", building a "large artificial island in the Philippines' exclusive economic zone", and destroying "evidence of the natural condition of features in the South China Sea that formed part of the parties' dispute".
Although reclamation of the land, a legal obligation, has not kept up with the disturbance of the tar sands, it was "achievable".
(2) Performance bond A performance bond is a sum of money sufficient to complete reclamation, if the company were to avoid its obligations.
