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.4.. <br />IV. RECITALS <br />1 . On ---- n - -ftyg- us -.. .-- - - - - -- [_7 Permit Nimtber _ M _ 1 _ 9. - 7.3 6J - -- was granted to <br />R- o6. ; KsQh_ t?r `1 —�� -� -o ►+tP -&j�y-- - -- (existing operator) ( "Per ), pursuant to which <br />Pcrmittee has been conducting a raining operation in the County of JE� �ev�5oti State of Colorado. <br />2. 1'crmittee wishes to assign the permit to �r�er �.._. _& �i_ ��_ _':►'►C.___._.___...__.____(1 <br />operator), as Successor Operator ( "Successor ") and Successor wishes to become Successor Pei mittee under the <br />permit. <br />Successor understands that the reclamation plan (the "Plan ") required by the permit and by applicable <br />Slatc laws and regulations has not been completed and is willing to assume full responsibility for the completion of <br />the Plan. <br />V. ACREEN1ENTS <br />Permitter and Successor hereby agree, for their own benefit and for the benefit of the State, such agreements to be <br />ef fective j�,q f;rcto upon the approval by the State of the transfer of the PerTnit from Perrnittcc to Successor, as <br />fi�llows: <br />1. Successor has inspected the mining and reclamation operations to its entire satisfaction and is fully aware <br />of the conditions thereof. Successor understands and accepts all of the conditions of the Pernut. <br />2. Successor will complete tite reclamation plan, and hereby assumes liability far completing such plan as to <br />all areas heretofore disturbed, as well as to all areas hereafter disturbed. Successor will perform all of the <br />obligations of the Pernuttee under the Permit which have not heretofore been performed by Perrnittec. <br />Successor hereby tenders to the State.e its attached PCrforrnarlCe and Financial Warranties *, which are to be <br />substituted for the Performancc and Financial Warranties heretofore tiled by the Permittee, effective upon the <br />release of the latter Warranties. <br />}. Successor represents to the State that, to the best of its knowledge, information and behef, it is not in <br />iolation of'am of the provisions of the Colorado Mined Lind reclamation Act with respect to any other operation <br />conducted by it in the State of Colorado. <br />I Ire and SuccCssur hereby request the State to consent to the assignment of the Permit, to reco` tim— Successor <br />s4icccsurr Operatm under the Permit, and to accept the tendered substitute Performancc and Financial <br />Wanantics in place of Walrantic presently on file with the State. <br />