Financial Assurances definition

Examples of Financial Assurances in a sentence

Any renewal of Service is subject to the Financial Assurances provisions in Article 10 of the General Terms and Conditions.
Shipper represents and warrants that the financial assurances (including the Initial Financial Assurances and Security) (if any) shall remain in place throughout the term hereof, unless Shipper and Union agree otherwise.
The ISO shall not create, incur, assume or suffer to exist any lien, pledge, security interest or other change or encumbrance, or any other type of preferential arrangement (including a banker’s right of set off) against any Invoiced Amounts, any accounts receivables representing Invoiced Amounts, the settlement account maintained by the ISO into which payments on Invoiced Amounts are made and from which remittances are made to the PTOs or any Financial Assurances.
Refer to Financial Assurances Specifications F.1 through F.3 of the WDRs. C.
Other Agency Financial Assurances Securing Reclamation of Disturbed Lands: Provide information regarding current bonds, held with other agencies that exercise jurisdiction over the SMO, that cover the costs of achieving the approved reclamation plan performance standards and end use.

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 means: (a) a prepayment (which will be held by Carrier without interest accruing thereon) in an amount and in a form satisfactory to Carrier; (b) a standby irrevocable letter of credit in favor of Carrier in an amount and in a form satisfactory to Carrier and issued by a financial institution acceptable to Carrier; or (c) a guaranty in an amount and in a form satisfactory to Carrier and provided by a guarantor acceptable to Carrier; or (d) other enforceable collateral security or credit support, in form and substance acceptable to Carrier.

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

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.

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

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

Financial Assurances means any bonds, sureties, letters of credit, guarantees, indemnity agreements or other financial assurances.