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' • -13- • <br />(5) the Division shall, at hearing before the Board, recommend <br />an amount for the Salvage Value of the project's fixtures <br />and equipment, <br />r <br />(6) the Board shall, after considering the Division's recom- <br />mend at ion, sworn testimony offered by the warrantor(s), <br />Operator or any party to the proceeding and other facts <br />adduced at the hearing fix the amount of the Salvage Value <br />for the project related fixtures and equipment. <br />(f) Each financial warrantor providing proof of Financial responsi- <br />bility in a form described in Rule 7.4 (f-h) shall notify the <br />Board within sixty days of any net loss incurred in any quarterly <br />period. <br />(g) Whenever the Board receives a notice under Rule 7.5 (f). or fails <br />to receive a certification as required by Rule 7.4 (k), or <br />otherwise has reason to believe that a Financial Warranty has <br />been materially impaired, it may convene a hearing for the <br />purpose of determining whether impairment has in fact occurred. <br />(h) Whenever the Board elects to convene a hearing pursuant to <br />Rule 7.5 (g), it may hire an independent consultant to provide <br />expert advice at the hearing. The fees for any such consultant <br />shall be paid by the financial warrantor, and no consultant shall <br />be hired until the financial warrantor signs a written fee <br />agreement in such form as the Board may prescribe. In the event <br />that a financial warrantor refuses to sign such an agreement, the <br />Board may, without hearing, order the financial warrantor to <br />provide an alternate form of Financial Warranty. <br />PD 1000.22 68 <br />