ML19206B061

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Forwards Insurance Binder Indicating Nelia Portion of Secondary Financial Protection Coverage Is Being Maintained
ML19206B061
Person / Time
Site: Crane  
Issue date: 08/01/1977
From: Gerety H
GENERAL PUBLIC UTILITIES CORP.
To: Saltzman J
Office of Nuclear Reactor Regulation
References
NUDOCS 7904210750
Download: ML19206B061 (11)
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Dear Mr. Salt :

an: Re: See cdary Financial Protec tion Sree '!ilt Island Incl: sed are tse certified copies cf a binder which indicates tha: the T'. A portion of the sec:ndary fitancial pr::ectica coverage a t Bree Mile Island is bein;; : sic:ained. 7ery truly y urs, / - f7 / // ) ,/ 9 ic - uu.., /'dar:7F.Cere:7/ pdd Marager, !:surance Cla1=s Inclosures cc: (vi:h encls.) Mr. J. G. herbein ( -1:hout encls.) Messrs. R. C. Arnold R. W. Conrad I. R. ri=fr:cx, ::.

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. 2 -...,...-,a,- .: ueve... I t e, 1. Namec insurecs and accre-_ _ (a) Metrecoli::n Ediscn C meany 3.0. Sex 5 2, :eading, :: 195:2 (b) Cersey Can:rai 2cwer & Light Ccccray - ?.0. Ecx 1279 3., N:rrist:wn,:!J -:795: (c) Pennsylvania Electric C m any - ?.0. Ecx 539, Jchnst:wn, ? A 15907 Item 2. Additional insureds: Any 0:ner :erson or organization who wculd be covered under cri arv financial cr.tertion cescribed in Item Of :nis binder Out cr exnaustien of :ne,ilm1t c,.,41abi..ty of such crimarv 'irarcial il cratection. Item 3. Descriction and location of ne nuclear reac:cr: Unit i of :ne Three."ile Islana Nuclear Station located in Dau nin Ccunty, Pennsylvania Item 4. Identifica:icn of crimary financial crotection a:clica:le to the nuclear reactor and limit of liacility :nereo,f: .1uclear. energy Liab111ty. insurance essecta:1cn,rolicy.- --, - d i <s, : u,.,.. s ir-c:a Mutual Atomic :nergy Liabl,ii ty L,ne,eruriters,oll y M- / ; - a ;1, : u,.,.,. r

o otner nuclear reacters snare the limit of liability rovicec unce-tnc crir.arv #inancial cretecticn?

y o, ,.c *. 3. ...4... ~a I:em 5. Yaximum retros:ective cremium (exclusive of allcwarce for re-ium taxes; rajacie to :ne ccm anies under -he raf 'daste- :clicv wi:n es:ec :: each nuclear inciden-- 53,375,0C0. N I

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.n e . X. v..e. n 5:. M s.: r.r. t u : . o..r.u r ". u s A4. Kn:w All "en By These Presents, :na: the uncersigned do her::y acknowie ge ra; tney are named insureds under the Craft " aster :Clicy cescrited in tne accve Sincer anc Declarations. The namec insurecs co nere:y c:ve-an wi n and a e neid and are firmly bound to the subscribing mem ers of Nuclear Ener:y Liability !nsurance Ass:ciatien (hereinafter called the "::m:anies") to :ay to tne cercanies ~ all retroscective premiums and alicwances for premium taxes unica shall bec me

ue and payable in accordance with the terms of :ne Dra#- vaster Oclicy wi:n interest on such premiums and allowances for taxes to te cercutec a :ne rate
roviced in
ne Draft " aster Policy frem the date payment trereof is s:ecifiec to be due one ccmaanles in a written notice :: the named insurec, as providec in Condi-icn 1 cf the Draft vaster Policy until paid.

And it is hereby expressly agreed :nat cc ies of written notices of retr:s:ective premiums and allcwances for premium taxes due and payable Or ner evidence Of sucn amounts due and payable sworn to by a duly authorized recresen:ative of the c:::anies snail be crima facie evidence of the fact and extent of :ne liacili y of the named insureds for such amcunts. And it is further expressly agreed that the named insureds aili indemnify :ne c maanies against any and all liability, ic.sses and ex:enses of wqa scever kind or nature (includirig but no; limited to interest, court costs anc counsel fees) wnich the c mpani=s may sustain or incur (1) by reascn Of the failure Of tre named insureds to c:mely wi:n tne covenants and provisions of -his Scre or (2) in enforcing any of the covenants Or pr0 visions of :nis Scnd, cr any previs' ens of the Draft. Vaster Policy relating c sucn covenant: cr provisi:ns.

or the cursose of recording this agreement, a chetoc;;y ackncwiecged before a Nc:ary Public to be a trus cecy hereof shall be regarded as an original, su.. :: n n. :. 2 y. r. -

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. c. ---,.......e . C G.r ?.P....s. Iten 1. Named insurecs anc accresses: (3) Ye:r :cli::n Ediscn Ccc any 0.0. Box 522 Reading, : 195C2 (c) .'ersey Can:ral cwer & Light Com any - P.O. Eox 1279 R, vorris wn, NJ 2795: (c) Pennsylvania Electric Comcany - ?.0. Eox 529, Jonnst:wn, A 15:07 Item 2. Additicnal insureds: Any cther :ersen or organization who wculd be covered unde-Crimary

  1. inancial crotec*icn described in item J cf this bi-cer bu: "cr exca;stian of :ne I'mi Of liacility of sucn criTarv "narcial cro*ection.

Item 3. Descriction and locaticn of the nuclear resc r Uni: 1 Of :ne nree 'Ble Island Nuclear Staticn loca ed in Daupnin Cour:y, Pennsylvania Item 4 Identification of crimarv financial orotection applicable t -he nuclear reac Or and limit of 11acill;y :nereof-i. d,uclear Energy,mi acil i ty I nsurance r, s s oci a ti cn 7c. i cy,i. ._u -: i ',,,:.C ,,.,.u, Yutual Atomi: Energy Liability Uncerwriters Oclicy "F-73 -5 21,5 C,2:C ". o... e. r r "v.1 =. =. - *. =..= c. r 2 a.+..= r. a. ...a. l i n '. '. c f l i.> 'i 1 4...v ..., '.d a. d. .w=. the crimarv i'nancial

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... e r s. e... o:.. e.er.],ap o.- n a i. ...a v. Master Policy. Item 3. Biacer :eriod: 3egi.ning On ne first cay Of lugust, 1977, arc ..,....... j,. g.,..,., e, : 3. c. 4../..33 3n. 4-2 -s -2 aa m r..3..2..^r' er .s. ~- w..a e .' ~ v. tiCn Of tre 3r3f t as*.ar EOlicy or *Nis Oincer, aniC"eVer # irs! sC urs, eastern s'ancar :1.Te. . ~l,. '. P. 3,,, y -,I 4 UT 5 0. Nu.e.. --, y - - -. y,,.y e OLi s ~ FL.I.s; ""L.... - M.- 0. <n0w All Men By These Presents, that *ne undersigned do nere y ackncwie:ge 'na: Oney are named insureds uncer :ne Draft Master :Olicy described in :ne a:Ove Sincer anc 2eclaraticns. The named insurecs co nere y covenan witn arc are held and are firmly bcund to the sucscribing memcers of Nuclear Enera..v Liaci'i:.V !nsurance Asscciation (hereinaf ter callec the ccm anies") to :ay to tne cor:anies a,il retros:ec-ive premiums and a,iicwances,cr premium taxes wnicn sha,ii tecome due and :ayacle in ac::rdance with the terms of the Dra't vaster ?clicy witn interest on sucn premiums and allowances for taxes t te ccmouted a tre rate

rovided in the Craf* Master Policy f rom the date payment :nereof is s;ecified to be due the C epanies in a written notice *o tre named insured, as pr0Vicec in Canditicn 1 of tne Draft Master Policy until paid.

.a d i: 1s hereoy expressly agreed hat cocies of written notices of retroscective n premiums and allcwances fcr premium taxes due anc Daya:le or other evicence of such amcunts due and payable sworn to by a culy authorized re resentative of tne ccmcanies snall be prima facie evidence of :ne fact and exten: of tre liatility of the named insureds for such amcunts. And it is further expressly agreed tha the named insureds will indemnify the c: meanies against any and all liability, losses and ex:enses of wcatsoever kinc or nature (inclucing but not limited to interest, court ces s and counsel fees) wnich the c;mpanies may sustain or incur (1) by reason of the failure of the named insureds to comely with the c0venants and provisions of this Sord or (2) in enforcing any of the covenants or pr0 visions at. this :cnd, or any provisicns of One Draft " aster Policy relating t0 such C0venants cr prcvisions. For the purpose of recording this agreement, a photocopy ackncwiedgec cefore a Notary.:vblic to be a true copy herecf shall be regarded as an Original. .-no* --..,......e -r .y ,n c.- y. +f ~ D rr'.," e..... - E ". -...., aPC MO d 01.1U05,. C '.LF K.M i l u s t o rats OL,t s

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