ML19344D933
| ML19344D933 | |
| Person / Time | |
|---|---|
| Site: | Yankee Rowe |
| Issue date: | 08/14/1980 |
| From: | Catherine Scott, Matthew Smith SCOTIABANK (BANK OF NOVA SCOTIA) |
| To: | Dinitz I, Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8008260376 | |
| Download: ML19344D933 (1) | |
Text
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Scotiabank i THE BANK OF NOVA SCOTIA III Franklin Street, RO. Box 2799, Boston, Massachusetts 02208 Telephone:(617) 482 9131 August 14, 1980 Mr. Jerome Saltzman, Chief Antitrust & Indemnity Group Nuclear Reactor Regulation UNITED STATES NUCLEAR REGULATORY COMMISSION Washington, D.C.
20555 Attn: Mr.IraDi$itz, RE: Yankee Atcmic Electric Company - Docket No. 50-29 Indemnity Specialist
Dear Sirs:
We confirm having established the following line of credit for purposes of meeting the requirements of the Nuclear Regulatory Comission in accordance with the Price Anderson Act as amended.
Amount:
U.S. $2,800,000.00 Borrower:
Yankee Atomic Electric Company l
Tem:
One year from August 1,1980.
Purpose:
The line is available for use at any time during the indicated term and is reserved for utilization only in the event of a nuclear reactor incident which requires payment by the company i
of their share of retrospective premium I
as called for under the tems of the Price Anderson Act.
Conditions:
/
The line of credit may not be used for
/
any other purpose and we must be satis-f fied as to the reasons for drawings re-quested by the company before payments will be made under the tems of the credit.
j I
, /
Yours ly,.
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C. Peter Scott f
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