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the permittee shall remain in effect for the duration of this Permit, unless part (b), <br />below, has been complied with. <br />(b) The permittee may, upon written request to EPA, change the type of financial <br />mechanism or instrument utilized. A change in demonstration of financial <br />responsibility must be approved by the Director. A minor Permit modification <br />shall be made to reflect any change in financial mechanisms, without further <br />opportunity for public comment. <br />2. Insolvency of Financiallnstitution. In the event that an alternate demonstration <br />of financial responsibility has been approved under (b) above, the permittee must <br />submit an alternate demonstration of financial responsibility acceptable to the <br />Director within sixty (60) days after either of the following events occur: <br />(a) The institution issuing the trust or f nancial instrument files for bankruptcy; or <br />(b) The authority of the trustee institution to act as trustee, or the authority of the <br />institution issuing the financial instrument, is suspended or revoked. <br />3. Cancellation of Demonstration by Financial Institution. The permittee must <br />submit an alternative demonstration of financial responsibility acceptable to the <br />Director, within sixty (60) days after the institution issuing the trust or financial <br />instrument serves 120-day notice to the EPA of their intent to cancel the trust or <br />financial instrument. <br />PART III. GENERAL PERMIT CONDITIONS <br />A. EFFECT OF PERMIT <br />**~ <br />APPENDIX I (Groundwater and Surface Water Monitoring Plan) <br />~~* <br />APPENDIX J (Subsidence Monitoring Plan) <br />**~ <br />IS MODIFIED TO READ: <br />PART II. SPECIFIC PERMIT CONDITIONS <br />FINAL: Modification No. 9, UIC Area Permit No. C030858-00000 <br />Page 6 of 46 <br />