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~OIP, THEREFORE, The conditions of this obligation are such <br /> that if the above bounded principal shall, in conducting such under- <br />. ground coal mining operations, faithfully Perform the requirements <br /> of the reclamation plan, the provisions of the application approved <br /> by the Mined Land Reclamation Board, and the conditions of the per- <br /> mit issued to engage in underground coal mining operations by the <br /> Mined Land Reclamation Board, relating to the Colorado Mined Land <br /> Reclamation Act, as amended (1976 Sess. Laws H.B. 1065) and the <br /> Rules and Aegulations adopted pursuant thereto, upon the Mined Land <br /> Reclamation Board making a finding that the lands described above, <br /> or any portion of such lands have been satisfactorily reclaimed <br /> and approving the Operator's request for a bond release on such <br /> lauds, or anY portion thereof, then this obligation shall be exon- <br /> erated and discharged and become null and void; otherwise to remain <br /> in full force and effect. <br /> PROVIDED, However, the Surety shall not be liable under this <br /> Bond for an amount greater in the aggregate than the sum designated <br /> in the first paragraph hereof, unless increased by a later amend- <br />. went to this Bond. This Bond, shall be reviewed by the Hoard from <br /> time to time, in accordance with the provisions of the Act, and the <br /> Board may request an increase in the face value of this Bond to <br /> cover increases in the costs of reclamation. The Surety shall not <br /> be liable as respects an}' obligation related to the underground <br /> coal mining and reclamation operations performed after the effec- <br /> tive date of a cancellation of this Bond pursuant to the terms of <br /> C.R.S. 1973, 39-32-117(3), as amended (1976 Sess. Laws H.B. 1065). <br /> This Bond shall remain in force and effect as respects all obliga- <br /> tions for all underground coal mining and reclamation operations <br /> performed prior to the effective date of such cancellation unless <br /> the Principal files a substitute bond which: 1) assumes liability <br /> for all obligations for all underground coal mining and reclamation <br /> operations performed during the effective dates of this bond; and <br /> 2) is acceptable to the Alined Land Reclamation Board; or unless <br /> the Afi ned Land Reclamation Doard otherwise releases this surety. <br />1I <br />u <br />