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NOl4, THEP.EFORE, The conditions of this obligation are s;:ch <br /> that if the above bounded Principal sha)1, in conducting such under- <br />• gro•~nd coal mining operations, faithfully perform the requir eruents <br /> of tine reclamation plan, the provisions of the application appr o'/ed <br /> 'r'_' the Mined Land Reclamation Board, and the conditions of the per- <br /> m.it issued to engage in underground coal mining operations by the <br /> .._n_d Land Reclamation Board, relating to the Colorado Mined Land <br /> R=c1=r,.a lion Act, as amended (1976 Sess. Laws H.B. ).065), and the <br /> R;ules~ and Regulations adoPte3 o_rsua^.t thereto, ::pon the btire3 Land <br /> Reclamation Board making a finding that the lands described above, <br /> or any portion of such lands, hate been satisfactorily reclaimed <br /> and upon approving the Operator's request £or a bond release on such <br /> lands, 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 /> Hond for an amount greater in the aggregate than the sum designated <br /> in the first paragraph hereof, unless increased by a later amend- <br />• rent to this Bond. This Bond, shall be reviewed by the Boars from <br /> time to time, in accordance with the ,provisions of the Act, and the <br /> Board may request an increase in the =ace value of this Dona to <br /> cover increases in the costs of reclamation. The Surety shall not <br /> be liable as respects any obligation relate3 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 /> icr all obligations :or all underg-oun3 seal r..i r.i ng an3 reclam.a ticn <br /> operations performed during the effective dates of this bond; and <br /> 2) is acceptable to the Mined Land Reclamation Board; or unless <br /> the ;Ai ned Land Reclamation Hoard otherwise releases this surety. <br />• <br />