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<br /> <br />(b) The phased completion of reclamation requirements by <br />the Principal, resulting in a decrease in total reclamation <br />costs; <br />(c) A decrease in reclamation costs due to a change in <br />economic conditions, as may be determined from time to time <br />between the State and the Principal. <br />(6) The description of the Project Area above set forth is for <br />convenience of reference only, and no error in such description nor any <br />revision of the licensed Project Area shall alter or diminish the ot.ligations <br />of the Principal or the Surety hereunder. <br />(7) This bond is provided as a means of assuring the Department <br />and the State that sufficient funds will be available for the decommissioning, <br />decontamination, and reclamation of the Project Area. This bond is issued <br />pursuant to the financial surety requirements of the regulations of the <br />Department, and the right to demand payment hereunder is an enforceable <br />condition of the License. If the Principal fails to decommission, <br />decontaminate or reclaim the Project Area in accordance with the te;~s and <br />conditions of the License, the Department, in addition to its statutory <br />enforcement remedies and subject to the provisions of paragraphs 8 :ind 9 of <br />this band, shall have the right to demand and receive payment under this bond <br />up to the full amount of its value, in order to cover expenses incu.-red as a <br />result of such failure of the Principal. <br />-40- <br />