ML20071Q193
| ML20071Q193 | |
| Person / Time | |
|---|---|
| Site: | Browns Ferry  |
| Issue date: | 12/23/1982 |
| From: | Duck J MARSH & MCLENNAN, INC. |
| To: | Saltzman J NRC OFFICE OF STATE PROGRAMS (OSP) |
| References | |
| NUDOCS 8212290246 | |
| Download: ML20071Q193 (55) | |
Text
-
Warsh&
Wstennan I
Marsh a w tennan. tounw.ani 4(10 North Eml 5tn t t Daaas teus nmi hdephone 214 742-1941 December 23, 1982 Mr. Jerome Saltzman Assistant Director State & Licensee Relations Office of State Programs U. S. Nuclear Regulatory Commission Washington, D. C. 20555 Tennessee Valley Authority Browns Ferry Nuclear Plant Secondary Financial Protection ANI and MAELU Certificates
Dear Jerry:
Enclosed are the below listed items pertaining to the ANI and MAELU Secondary Financial Protection Certificates of Insurance N-38, N-39, N-40, M-38, M-39 and M-40 for the Tennessee Valley Authority Browns Ferry Nuclear Plant Excess Binders previously submitted to the NRC.
- 1. Two certified copies each of ANI Certificates N-38, N-39 and N-40 (Pages 1-6) and Endorsements 1, 2 and 3.
- 2. Two certified copies each of MAELU Certificates M-38, M-39 and M-40 (Pages 1-6) and Endorsements 1, 2 and 3.
In accordance with instructions received from AN1, these Certificates together with the Endorsements fulfill the NRC requirement to provide evidence of Secondary Financial Protection for Browns Ferry Nuclear Plant Units 1, 2 and 3.
Should you have any questions, Jerry, please give me a call.
Very truly yours, I
) ) .' l
^ $/b w~/ hI -
ohn R. Duck, Jr.
Assistant Vice President M&M Nuclear Consultants cc: L. L. Senli J. R. Monahan jf/ enclosure B212290246 021223 PDR ADOCK 05000259 lh .
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,tB A NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION jE 5._8 Eb Qg$
u o Certificate No. N-38 a
wm! p Forming Part of Master
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$ Policy No. I se jg mwo z E E >- E mm $
y$ CERTIFICATE OF INSURANCE iEE E gag W- ]Em gg DECLARATIONS AND g5W e:d g"8 g E BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS S;5 2 > E g$E
$5@h! hm$ Certificate of Insurance REnsE siU3 This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Nuclear Energy Liability Insurance Association. .
. Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage '
(1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83) _ _ _ __
Page l_ _ _ _ _ ,
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(3) which is discovered and for which written: claim is made against the insured not later than _ ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is mada against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1. Named insureds and addresses:
(a) Tennessee Valley Authority-633 Chestnut Street, 660 Connerce Union Building, Chattanooga, Tennessee 37401 I
Item 2. Additional insureds: !
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. Description and location of nuclear reactor: Unit 1 of the Browns' Ferry Nuclear Power Station located in Limestone County, Alabama.
Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's
, Policy NF- 198 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 66 $ 31,500,000 i
Page 2 of Certificate No. N 38
(b) The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit 2 of the Browns Ferry Nuclear Power Station.
Unit 3 of the Browns Ferry Nuclear Power Station.
Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August,1977 and continuing to,the' effective date and time of cancel-lation or termination of the Master Policy or this certificate, ,
whichever first occurs, eastern standard time.
Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $3,875,000.
1
! Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from_ August 1,1977 through December 31 following:
$1,948.35 i
Page 3 of Certificate No.N-38
.l - . .
.. .. BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS l
Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the "comoanies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other
-evidence of'such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whats6ever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. N-an
,J ,
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the nc, .d insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, .
these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time.
Attest or Witness Named Insureds: .-
Tennessee Valley Authorith ,
'1 (Named Insured - Typs, or Print) '
p - %-5.3 > 'By
.(SEAL)/
Assistant Sacratan (Signature > 1;\ . ,g J , . ' -
. L. L. Snell, Contracting Off1ce, r ,'. \.' -
(Type or Print flame & Title Date: /o/2-g /g 2 - *
(flamed Insured - Type or Print)
By -
(SEAL)
(Signature )
(Type or Print Name & Title)
Date:
(Named Insured - Type or Print)
By (SEAL)
(Signature)
(Type or Print Name & Title ) ~
Date:
Page 5 of Certificate No.N 38
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IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of' Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1,1977 .
eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of NUCLE ' ENERGY LIABILITY INSURANCE ASSOCIATION
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~"4BY: Burt C. Proom, President r
Countersigned by / Sf/9 [/~m (Authorizsd Representative) l k
Page 6 of Certificate No. N 38
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Nuclear Energy Liability insurance.
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-38 Forming Part of Master Policy No.1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date January 1,1978 Annual Premium $4,650.00 For Calenda; Year 1979 Effective Date January 1,1979 Annual Premium $4,650.00 For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium $4,650.00 For Calendar Year 1981 Effective Date January 1,1981 Annual Premium $4,650.00 For Calendar Year 1982 Effective Date January 1, 1982 .
Annual Premium $4,650.00 This is to certify that thio is a true copy of the original Endorsement having the endorcemen mber and being made part of the Nuclear Ener3./ Liability Poney (Facility Pora; as des-ignated hereon. No Insurance is afforded hereunder.
A
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truthi N President.Liat41ity niing John 1.
American Nucker Insunrs Eff;ctive Date of this Endorsemem as stated above To re m a part of Certificate No.
12:01 A.M. Standard Time issusd to Tennessee Vallev Authority Data cf issue nocomhpr 1R_ 14R9 For the su scribing co panies
~
By- l
/ General Manager 1
Endirsernent No Countersigned by NE-S-3
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Nuclear Energy Llability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-38 Forming Part of Master Policy No. 1 )
Nuclear Energy Liability Insurance (Secondary Financial Protection) t 1
i I
It is agreed that Item 4.(a) of the Declarations is amended to read l
as follows:
Item 4.(a) Identification of primary financial protection !
i applicable to the nuclear reactor and limit (s) l i
of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF- 198 $124,000,000 l 1
Mutual Atomic Energy Liability Underwriters' Policy MF- 66 $ 36,000,000 This is to certify that thic is a true copy of the original Endorsement havi"c +:.', er.ac - o _4 i u xd being cado part of the Nuclear Ena: .i L ;7 Fa. ' %ellity Form) as des-ignated hereon. No Insurance is alic dud hereunder..,
.s . z John L. Quattnahi. N Pre.+nt 1.isNiity Underwriting Ame* r %~' ~ 0 Efftetive Date of this Endorsement May 1, 1979 To form a part of Certificate No. N-38 12:01 A.M. Standard Time issurd to Tonnossoo Vallev Authority l
0112 of issue December 15, 1982 For the su icribing .co panies I l
l By
/
) b l u.n.r.i u.n.a.r !
Endirsement No 2 Countersigned by i
NE-S-2 !
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= e Nuclear Energy Liability Insurance NUCLEAR ENEROY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 .
This is to certify that, this is a true copy of the original Endorsement having the endorconent nuber and being made paw of the Nuclear Energy Liability Policy (Faoility Form) as des-ignated hereon. No Incurarue is Efforded hereunder.
A
.s. W John L. Quattnahl. Vice Presant-1) ability Underwriting American Nudar Insurers Effective Date of January 1. 1983 To form a part of Certi ficate "~30 inis Encorsement 12.01 A.M. Standard Time issuedto Tennessee Vallev Authority For the su ieribing co panies Date of issue December 15. 1982 By ifA
/#~ General Manager Endorsement No Counters 10 ned by
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$h NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION y Nsb I 8$%a Certificate No. N- 39 t@
E 3'% F :!{.,p g R Forming Part of Master Policy No. 1 z=e C ~W
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CERTIFICATE OF INSURANCE hits .5 g 5 E$$S$
DECLARATIONS AND Oo!Myg t j8$ B0ND FOR PAYMENT OF RETROSPECTIVE PREMIUMS S$WCW c5%
DEM e g g ;g mag JEm5 !E W Certificate of Insurance EUES$ E!$@
This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Nuclear Energy Liability Insurance Association. ,
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations,
! (c) to bodily injury or property damaae *
(1) with respect to which' the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83) Page 1
3 (3) which is discovered and for which written claim is made against the _ insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1. Named insureds and addresses:
(a) Tennessee Valley Authority-633 Chestnut Street, 660 Commerce Union Building, Chattanooga, Tennessee 37401 Item 2. Additional insureds: '
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. Description and location of nuclear reactor: Unit 2 of the Browns Ferry Nuclear Power Station located in Limestone County, Alabama.
Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's l
Policy NF- 198 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 66 $ 31.500,000 i
Page 2 of Certificate No. N-39 l l
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(b) The'following endorsements, attached to the primgy, 7 financial protection policies listed in item 4 (a)'also I
~
apply to the insurance afforded bysthe jaster Palhcy throup this certificate is though they were attached herei.6:
(1 Waiver of Defenses Endorsement (Extraordinary Nuclear l
q . , ,
Occurrence)and "
l
. (2) Supplementary Endorsement - Waivdr of Det'enses - Reactor ;q
- n Construction at the Facili h , -
)
i (c) The limits oflidbility, provided under the primary f banc_id s '
}
potection specified in Item 4 (a) above are notihared with 3 /
<.N i any other reactor except as follows: -
Urit'1, of the Browns Ferry Nuclear Power Station Unit 3 of the Browns Ferry Nuclear Power Station m I
Item 5. Limits of Liability: The amount of re.trospective premium actually [
received by the companies plus the amount of the companies' con- -
a tingent liability, if any, pursuant to Conditions 2, 3 ana 4 of the g _
Master Policy.
Item 6. Certificate Period: Beginning at 12:01 s.n. on the first day of t f
August, M77 and contir.uing to the effective date and time of cancel _
lation or termination of the Nster Policy or this certificate, , ;
whichever first occurs, eastern standard time.
Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) '
payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $3,875,000.
Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 through December 31 following:
$ 1,948.35 .
3 Page 3 of Certificate hc, N-39
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B0ND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge J. - that they are named insureds under the Master Policy aescribed in the above z
I Certificate of Insurance and 'leclarations. The named insureds do hereby
( covenant with and are held and are firmly bound to the members of Nuclear g Energy Liability Insurance Association subscribing the Master f Policy (hereinafter called the " companies") to pay to the companies all l retrospective premiums and allowances for premium taxes which shall become
, due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of 'such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; is iAnd it is further expressly agreed that the named insureds will indemnify the.
-companies against any and all liability, losses and expenses of whats6ever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or pro /isions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
L l .
J I Page 4 of Certificate No.J M L __
p .
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, .
these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time.
Attest or Witness Named Insureds:
_ Tennessee Valley Authority '
(NamedInsured-Type 05 Print) ,
y-~-m Mde By (SEAL) 40dklELI 85CIBbi) (Signature ) .h. .
- ,. t,
. t #
. L. L. Snell, Contracting Officer c ,',, ;
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(Type or Print Name & Titic ). (, 'l Y' Date: m,/2s,/f L (Named Insured - Type or Print)
By -
(SEAL) ,
(Signature )
(Type or Print Name & Title)-
Date: i t
(Named Insured - Type or Print) '
By (SEAL)
(Signature) I (Type or Print Name & Title) I Date:
Page 5 of Certificate No.N- 39
. r.
IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1,1977 castern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of NUCLE 3 ENERGY LIABILITY' INSURANCE ASSOCIATION 1
c r u ~
y Y: O Bdrt C. Proom, President Countersigned by ((//4M d%m (Authorized' Repr6sentative) i i
Page 6 of Certificate No. N 39
m Nuclear Energy Liability insurance.
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-39 Forming Part of Master Policy No.1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium $4,650.00 For Calendar Year 1979 Effective Date Januan 1,1979 Annual Premium $4,650.00 For Calendar Year 1980 Effective Date January 1 1980 Annual Premium $4,650.0d For Calendar Year 1981 Effeetive Date January-1 1981 Annual Premium $4,650.0d For Calendar Year 1982 Effective Date Janua 1 1982 This is to"$NihftliaYth 'l "a "npy of the original Endorsement having the enuorse o.i. aumber and being n: ado parti of the Nuclear Energy LiabLic/ rolicy (Facility Form) as das*
ignated hereon. No nauratteo is a11orded herc nder.
Juhm L 3.
rocchi. Vice
,g g d. 4 Arnerican Nucteer Irwrvra Effsetive Date of this Endorsement as stated above To forrn a part of Certificate No. N-39 12:01 A.M. Standard Time issu:dto Tonnessee Vallev Authority Data of issue nocomhor 1r;. 19 A 7 __ For the su scribing co panies By
]
General Manager Endtrsement No Countersigned by NE-S-3
Nuclear Energy Liability insurance NUCLEAR ENERGY 1. LABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-39 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declaratione is amended to read as follows:
Item 4.(a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF- 198 $124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 66 $ 36,000,000 This is to cortify that th? n in 't " / r or the original Endorsement havi"3 t h e a rm .a d Jaing made part of the Nuclear Er.ucci Lia ;o ., (r.cility Form) as des-ignated hereon. No Insuranco is allorded hereunder.
.$ < nW t w hi VIC" P#*EU #'t,g;,3tgity u John L. 4 Arnerican Nuclear ImLers Eff;ctive Date of this Endorsement May 1, 1979 To form a part of Certificate No.
12:01 A.M. Standard Time issutd to Tennessee Valley Authority Date of issue nocomber 15. 1982 For the su scribing co panies By V
) -
General Manager 2
End;rsement No Countersigned by NE-S-2
O
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Nuclear Energy Liability insurance l NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION l
ANNUALPREMIUMEN00kSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 .
This is to certify that this is a true copy of the original Endorseaent having the endorovaout nuaber and being made part of the Nuclear Energy Liability Policy (Fao111ty Form) as des-ignated hereon. No Insurance is afforded hereunder.
A
.s. W John L. Quattrucchi, Vice President Liability Underwriting Antritaa Nudoar lasarers Ef fective Date of I inis Encorsement January 1. 1983 To form a part of Certificate N-39 1 Tennesse~e Va$ fey
- Mu'tNoEff'[ '**
lssued to Date of Issue December 15, 1982 For the s ictibing co panies By b Ai
/F~ General Manager Endorsement No Counterslaned by .
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-gm!E '
52 # , -
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EE m 8 NUCLEAR ENERGY LIABILITY INSURANCF ASSOCIATION xB
[80%
l Certificate No. N-40 EMI E fE$ $$ g Forming Part of Master
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Policy No. I
[W$$m-_ {$
MCSE -
sE CERTIFICATE OF INSURANCE
-= =g hh"gs w *$ DECLARATIONS AND gm$y $o oldSa!G GEE BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS ESNM o55 Meses! g JQ Certificate of Insurance iE g , a ,.y ,E
. . 2<
g-This is to certify that the persons and organizations designated in Item 1 of the' Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein i called the " Master Policy", issued by Nuclear Energy Liability Insurance Association. ,
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage '
(1) with respect to which'the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and
. (2) which is caused during the certificate period stated in Item !
6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 1 3 of the Declarations, and NSFC-1 (1/1/83) Page 1 9;
s, .
(3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written i
claim is made against the insured not later than twenty years after the date of t1e extraordinary nuclear occurrence.
Declarations Item 1. Named insureds and addresses:
(a) Tennessee Valley Autharity-633 Chestnut Street, 660 Commerce Union Building, Chattanooga, Tennessee 37401 Item 2. Additional insureds:
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. Description and location of nuclear reactor: Unit 3 of the Browns Ferry Nuclear Power Station located in Limestone County, Alabama.
Item 4. (a) Identification of primary financial protection applicable to
- the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF- 198 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 66 $ 31,500,000 Page 2 of Certificate No. N-40
- r. -
(b) The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this~ certificate.as though they were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence)and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with
-any other reactor excep't as follows:
Unit 1 of the Browns Ferry Nuclear Power Station.
Unit 2 of the Browns Ferry Nuclear Power Station.
Item 5. Limits of-Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August,1977 and continuing to, the effective date and time of cancel-lation or termination of the Master Policy or this certificate, ,
. whichever first occurs, eastern standard time.
- Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes)
I payable pursuant to Condition 2 of the Master Policy with respect to 1
each nuclear incident: $3,875,000.
Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 through December 31 following:
$1.948.35 .
1 I
Page 3 of Certificate No.N-40
BOND FOR PAYMENT OF RETROSPECIIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the ?Dster Polic/, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first named insured as provided in Cendition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective pre;aiums and allowances for premium taxes due and payable or other evidence of 'such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whats6ever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of i the named insureds to comply with the coveriants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
. _ . - .Page 4 of Certificate f[o. N40.__
.'^.*
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums
. and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS tlHEREOF, the named insureds have caused this Certificate, .
these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time.
Attest or Witness Named Insureds: i l h
Tennessee Valley Authority h
(Named Insured - Type or Print)
W-m e Yv /M e By #; [ _-
~
(SEAL)
Af{i!!E'Lt SNI2!2;; (Signature ) , (,
L. L. Snell, Contracting Officer (Type or Print Name & Title)- ,-
Date: /S/29/)]L i 1 (Named Insured - Type or Print)
By ~
(SEAL)
(Signature).
l (Type or Print Name & Title)- !
Date: l 1
l (Named Insured - Type or Print) l By (SEAL)
(Signature) - '
(Type or Print Name & Title)- -
Date:
Page 5 of Certificate No.N- 40
IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1,1977 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of NUCLEd)ENERGYLIABILITYINSURANCEASSOCI t e 0 ,,L ]/ J g . (I & m
' ' ~ ~ ~
BLrt C. Proom, President Countersigned by NN [Af?u (Authorize'd Repfesentative)
Page 6 of Certificate No. N 40 l
r
' ~
Nuclear Energy Liability insurance.
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-40 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date Janua n 1, 1978 Annual Premium $4,650.00 For Calendar Year 1979_
Effective Date Januan 1 1979 Annual Prenium _$4,65fi.0d For Calendar Year 1980 Effective Date Janu:ary 1 1980 Annual Premium 54,550.0d For Calendar Year 1981 Effective Date Jar.uary 1 1981 Annual Premium 54,650.06 For Calendar Year 1982 Effective Date January 1 1982 ,
Annual Premium $4,650.06 This is to certify that this is a true copy or +he ori ppl Endo. e ;L naving the endorcement number and a: rt
- o. .s . A Energy Liability Policy (Facil .. .. aus.
ignawa hereon. No Insurance is afforded ere auer.
John L. Quattrmhi. Vice Pres &ct Liability Underwriting Amencan NuclearInsurers Effrctive Date of this Endorsement as stated above 12:01 A.M. Standard Time To forrn a part of Certificate No. N-40 i l
issu;d to Tonnossee Vallev Authority Data of issue December 15, 1982 For the su scribing co panies
~
By General Manager End:rnment No I Countersigned by NE-S-3
r -
Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEME!.T TO CERTIFICATE NO. N-40 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4.(a) Identification of primarf financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclecr Energy Liability Insurance Association's Policy NF- 198 $124,000,000 Mutual Atomic Energy Liability Underwriters '
Policy MF- 66 $ 36,000,000 This is to certify that thir in a tm "opy of the original Endorsement havinc c.~ _ c :1 being made part of the Naclear Caer , .. ./o i e .cility Form) as des-ignated hereon. No Insurance is umdud h ounder..
.i;, . , lect-Luday M John L ; ttrnce .
American ,,aclear Iranra Effective Date of this Endorsement May 1, 1979 N-40 To forrn a part of Certificate No.
12:01 A.M. Standard Time issued to Tennessee Valley Authority Date of Issue December 15, 1982 For the su scribing co panies By
/
)
General Manager 2
Endorsement No Countersigned by NE-S-2
$l Nuclear Energy Liability insurance NUCLEAR ENEROY LIABILITY INSURANCE ASSOCIATION ANNUALPREMIUMEND0kSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 .
This is to certify that this is a true copy of the original Endorsement having the endorsoment number and being made part of the Nuclear Energy Liability Polloy (Facility Form) as ces-fforded hereunder.
L6aa d hereon. No Insuranco i John L. Qattroahi. Vice President-Liability Underwriting Amerwan Nudear tasurers Effective Date of 1983 To form a part of' Certi ficate N-40 enes Enoorsement Januarv 1 12:01 A.M. Standard Time issued to Tonnocco, t/mitou a,,c hn,- r eu For the su icribing Co panies Date of issue December 15, 1982 l
By l A
/F General Manager 3 counterstoned by Endorsement No ,,
i
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$ MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS
@ey .8 5 EgEE 7 gh uw a sa e Certificate No. M- 38 rc sg ge Forming Part of Master ga r
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a r>
Policy No. I mf=EE EE!
=-wa So$m CERTIFICATE OF INSURANCE
[EMSc zem r a cc a ._CS sz-
"Eigg =Q 8 DECLARATIONS AND U.%
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c a o BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS gm y Ne s LE 33 g3Edd;t en f.E m Certificate of Insurance l v' Edsst7 .l % =dA< RQ>5 j This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -
l Nuclear Energy Liability Insurance (Secondary Financial Protection),herein i
called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor d acribed in Item 3 of the Declarations, and MSFC-1 (1/1/83) Page 1
N .
(3) which is discovered and for which written claim is made against the insured not later than ' ten years af ter the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subpar $ graph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1. Named insureds and addresses:
(a) Tennessee Valley Authority - 633 Chestnut Street, 660 Commerce Union Building, Chattanooga, Tennessee 37401 Item 2. Additional insureds:- .
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. Description and location of nuclear reactor: Unit 1 of the Browns Ferry Nuclear Power Station located in Limestone County, Alabama. -
Item 4. (a) Identification of primary financial protection applicable to the nucicar reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's 4
Policy NF 198 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 66 $ 31,500,000 Page 2 of Certificate fio. M-3L
'(b) ihe following endorsements. attached to the primary financial protection policies listed in item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1) Waiver $f Defenses Endorsement (Extraordinary fluc1' ear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit 2 of the Browns Ferry Nuclear Power Station Unit 3 of the Browns Ferry Nuclear Power Station item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August, 1977 and continuing to the effective date and time of ca. cellation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $1,125,000 Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1, 1977 through December 31 following:
$ 565.65 Page 3 of Certificate tio. M 38
BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All min By these Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do her'eby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay. to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at-the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M-38
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy Dr the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHERE0F, the named insureds have caused this Certificate, these Declarations and this Bord for Payment of Retrospe'etive Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time.
, Tennessee Val _ ley Authority ',.
(flamed Inrured - Type.or Print)
Gl- , . -
ge P/ By (( k (SEAL)
ACS!$!Di 80Mi$ (Signature) <d '
O .
L. L. Snell, Contracting Of ficer'"f 1,,W',.
(Type or Prin$ flame & Title). '.'.. .'
Date: in,/>B/T*
(tiamed Insured - Type or Print)
By (SEAL)
(Signature)
(Type or Print flame & Title)
Date:
(flamed Insured - Type or Print) ;
- By (SEAL)
(Signa ture ) l i
(Type or Print flame & Title -)
Date:
l l Page 5 of Certificate flo. [1- 38_
g . ., . .
IN WITNESS WHERE0F, th2 companics subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1, 1977 eastern standard' time, and countersigned below by a duly authorized representative.
Attest cr Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERWRIT RS
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m' ,8Y:
s M . h/ [w-Authorized Agent ' ~p Countersigned by (W//? bv (Authorized'Repr sentative)
~
Subscribing Companies PROPORTION OF 100%
American Mutual Liability Insurance Company, Wakefield, MA 15.0000000
' Employers Insurance of Wausau, A Mutual Company, Wausaa, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insbrance, A Mutual Company, Stevens Point, WI 5.0000000 l
l l
l l
Page 6 of Certificate No, M- 38 l
~ -
NUCLEAR ENERGY LIAf . .!Y INSURANCE l
,%UTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS l ENDORSEMENT TO CERTIFICATE N0. M-38 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT
$ It is agreed that the Annual Premiums applicable to the periods "n designated below are as follows:
9 e <3 E O li For Calendar Year 1978 j y j (* Effective Date January 1,1978 o y 7,9 Annual Premium $1.350.00 5#$9 ut 8 For Calendar Year 1979 "g }3, Effective Date JaniiaTy' l.1979 gybg Annual Premium $1,350.00 oagoaE 3 5
$ For Calendar Year 1980 hyoD 7, Effective Date January 1,1980 e o, Q [ Annual Premium $1,350.00 mo,-
, ij O $ e For Calendar Year 1981
$jj$
,3g
){ -
Effective Date. January 1, 1981 Annual Premium $1.350.00 n
- 5 >" "c
- For Calendar Year 1982 bE S y i Effective Date January 1,1982 Og Annual Premium $1,350.00 4ayo d
- u- 4 3!.38
,E*$
EE e "e0 S R To form a part 4
" 4 YEtective Date of as stated above M-38 this Endorsement of Certificato Mn
~
Valley Authority Issue to Date of Issua December 15, 1982 For the Subscribing Companies M UAL ATOMIC ENERGY LIAy,IUTY U ERWRITERS By -
- l 1
Endorement No. Counternigned by --
ME-S-3
~
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE N0. M-38 -
Forming Part of Master Policy No.1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read j y as follows:
E82
$ykf Item 4. (a) Identification of primary financial protection E2b*l S o$
g j$
applicable to the nuclear reactor and limit (s) gggg N g of liability thereof:
O -g g e dJT
- E ., " a Nuclear Energy Liability Insurance Association's y O H l)
$ Policy NF 198 $124,000,000 i
a$0e - .
me 53jg e ea w j
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Mutual Atomic Er.ergy Liability Underwriters'
$ 5 F3,5
- jg Policy MF- 66 $36,000,000 UEhE df*
8e oE .{
3lE2 eomo
- E*3 oo
- ffective Date of To form a part is 5" % 5 Endorsement o This ce May 1, 1979 of Certificato Nn M-38 y,, g, Tennessee Valley Authority December 15, 1982 Date of Issua For the Subscribing Companies M UAL ATOMIC ENERGY LIAjILITY U ERWitITERS gjy _- -# _ W1
//b %
2 counternignent by Endornernent No. =.
A t#TH oistzt:ss lle:nteus:Ntain t:
ME-S-2
I NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 1,350.00 .
This is to certify that this is a true copy .Scr aof'. the original being mado p trt
.ac 3 Endorcencat having the endo r of tha Euclear EnerJy L101 t i r/ Polic'/ (i'.tc tlity Fora) as dos-16nated hsreon. Ilo Insuranco la afforded heroundor.
s .c MO Jahn L. quattrocchi, Vi e Prrrident-Lilitty Underwritinc Arnencan Nudar Ir.eurtrs EITective Date of To form n imrt this Endorsement January 1, 1983 of Certificate No. H-38 3
Tennessee Valley Authortty Date of Isauo December 15, 1982 For the Subscribing Companies Ml; 'UAI, ATOMIC ENHitGY I,l AlllLITY ll )EltWl(ITHl(S Ily L M *d- _
Endoracment No. 3 counti minned by ..
Acruoinn o newaew r4rne:
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-39 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENCORSEMENT It is agreed that the Annual Premiums applicable to the periods
%*.r designated below are as follows:
sa E .0 I For Calendar Year 1978 E2~ EffectiveDateJanuarg.1,1978
$1,3 00 j Annual Premium S For Calendar Year 1979
$e$]
- f
[ Effective Date Januar[0.001, 1979 5 j "e 3 Annual Premium $1,3
, , n ,g %
o, o o 8i~* f For Calendar Year 1980 e3 j Effective Date January 1,1980 3yq$3 d p 2 Annual Premium $1,350.00
,omd ,1 e@DS l$%e j e For Calendar Year 1981 Effective Date January 1, 1981 Annual Premium $1,350.00 g 2g '
%S
- E "D O
. 'E For Calendar Year 1982 S
g j"k e .
] -
Effective Da6e January 1,1982 Annual Premium $1,350.00 5% d [Y -
x=4 oo o 8u d B$=8E
,o c
-Eo3 f In*do se$ent as stated above Tennessee Valley Authority of CEr*if$c ta n e, M-39
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Issue to December 15, 1982 Daw of Isaua For the Subscribing Companies M UAL ATOMIC ENERGY LIAy,IUTY U M:RWRUPERS ny -
b,- hvp
, 1 l
Endornoment No. Counternignc<l by --
ME-S-3 i
i
o NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-39 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
- 4 It is agreed that Item 4.(a) of the Declarations is amended to read N
}S
%8H g as follows:
n am M g' Item 4. (a) Identification of primary financial protection 5#%- applicable to the nuclear reactor and limit (s)
$h38 5 g,gj.8 of liability thereof:
n oe g ,l O oE D$ ,"e Nuclear Energy Liability Insurance Association's
- cog 3 38M#
i$e $
2 Policy NF 198 $124,000,000 C4 O 2 3 ,o - 9 E Sf;j .
ge Mutual Atomic Energy Liability Underwriters' g h {3 $ Policy MF-66 $36,000,000
$$f$
8538
-4 d J3 e.;
O ti ;E E $4 80 m uS fi %
c Effectivo Date of To form a part 5 di U # this Endorsement - I6 1. 1979 of Certificato Nn_ M-39 y
Tennessee Valley Authority December 15, 1982 Date of Isaua For the Subscrit ing Companics ML UAL ATOMIC ENERGY LIAJJILITY U JERWillTERS :
Ily _- C-q l
2 Endornoment No. counternignc<l by ..
Aierm uu,i n,rie.ww r :n n
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ME-S-2 l
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- - NUCLEAR ENERGY LIABILITY INSURANCE l
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS
, ANNUAL PREMIUM END0RSEMENT r
Calendar Year 1983 l
ANNUAL PREMIUM: It is agreed that the Annual Premium due the cocpanies for-the period designated above is: $ 1,350.00 .
t This is to certify that this is a true copy of the original ,
Endorcoccat hm "a en'lorrn r.on, n2.Acr and boing made part of the kal2ar La ,,, L12 12 1 L / folicy (Facility Form) as des-ignated helcon. lio Insuranco is afforded hereunder.
.s. eMAK John L. Quattrocchi, Vice President-Liability, Underwriting American Nudear Iraurers .
Effective Date of To form a part this Endorsement January 1,1983 of Certificate No. M-39 Issue to Tennessee Valley Authority i Date of Inaua December 15, 1982 1
1 For the Suliscriliing Companica Ml; 'UAI, ATOMIC ENRIIGY I,IAlllLITY ll 'j)EftWit!TElts
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Ily b U ._ I -
//k ni Endoraement No. 3 Count. rsigne 1 liy _
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Certificate fio. ~ M- 39 ssea o se e M o Forming Part of Master segmz m !S a >a z p , .
ggsge g Policy No. 1 esEE ma-e 5
$dg e xa%
, se oe c5 CERTIFICATE OF INSURAfiCE'
- .J "gh DECLARATIONS AND
<-e 8$m 3
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>. e $ 5 % BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS-5%F (5= ,
u !'! 3 ? w s o "- ,
S 5tig E N Certificate of Insurance y 9 E i as 4 $$ '
eli :1 88 ffW
$dihb bcertify that the persons and organizations designated in Item 1 .
of the Declarations are named insureds under the Master Policy - ,
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters.
Such insurance as is provided by the Master Policy applies, through this i
certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations,
[ (b) for the certificate period stated in Item 6 of the,'Occiarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item I l
3 of the Declarations, and )
l 1
MSFC-1 (1/1/83) Page 1 l
,je *
- s -
'(3) which is discovered and for which written c! aim is made
~
against the insured not later than ten years af ter the end of the certificate period stated in Item 6 of the Occlarations.
'.y However, with respect to bodily injury or property damage causedbyanextraordinarynuclearoccurrencethissubpar$ graph
< (3) shall not operate to bar coverage for bodily injury or j
property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1. Named insureds and addresses:
(a) Tennessee Valley Authority - 633 Chestnut Street, 660 Commerce Union Building, Chattanooga, Tenressee 37401 Item 2. Additional insureds:-
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. Description and location of nuclear reactor: Unit 2 of the Browns Ferry Nuclear Power Station located in Limestone County, Alabama.
Item 4. (a) Identification of primary financial prntection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-198 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF 66 $ 31,500,000
- Page 2 of Certificate l'o. _M- 39
f _ ,~, , . . ,. '
(b) - The following endorsements, attached to the primary I
financial protection policies listed in item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary flucl' ear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit 1 of the Browns Ferry Nuclear Power Station Unit 3 of the Browns Ferry Nuclear Power Station Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of Augus t,1977 and continuing to 'the eff'ective date and time of ~
cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
I teIi* 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $1,125,000 Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 through December 31 following:
$ 565.65 ,
Page 3 of Certificate fio. M- 39
BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Min By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for' taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the. companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a dui 9thorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisionn For the purpose of recording this agreement, a photocopy acknowledged before ,
a' Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M-39
~,- .. .
The preceding Certificate of Insurance, Declarations and Bond fonn a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHERE0F, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time. ,, ,
,:q ,
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.s Tennessee Valley Authority ,,
(Named Insured - Type or Print) I' m
Mm ae * /W By (SEAL)/'
fa!!!!GI $20!!!2Tj, (Signature) },*<,
g' /,'
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L. L. Snell, Contracting' 0f fice'r,' .* -
(Type or Prin$ Name & Title)
Date: /o[7c/9,L (Named Insured - Type or Print)
By (SEAL)
(Signature)
(Type or Print Name & Title)
Date:
(Named Insured - Type or Print)
~
By (SEAL)
(Signature)
(Type or Print Name & Title Date:
Page 5 of Certificate No. fi- 39,
,- 3 ,
IN WITNESS WHEREOF, thm compani::s subscribing tha Master Policy have caused the Certificate of ' Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1,1977 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of i
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS L
T Y F QY: D ' M . hh'
( AutDorized Agent ' ~
Countersigned by / #fMr [Afrs (Authorizecr Repr4senta tive)
Subscribing Companies PROPORT'ON OF 100%
American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual C[xnpany, Stevens Point, WI 5.0000000 Page 6 of Certificate No. M- 39
- 4
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5 , .
o-u E9g-E MUTUAL ATOMIC Ef4ERGY LIABILITY UNDERWRITERS E:i o -
wS x$ w 5
[x$ $7 Certificate No. M- 40 k g $ _. Forming Part of Master c ome fe -
Ehn; sm Policy I;o. 1 r a u.<
" Y E Wm ?
g ,$ $ CERTIFICATE OF INSURANCE E88 gEgdo *Jg L DECLARATIONS AND assdi0 gg < g sea BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS
- m m< ,ge s;$ d e co o g -a dh o
- o$E5 axo c[ h Certificate of Insurance ,
. a- m mG;ee[mjishertifythatthepersonsandorganizationsdesignatedinItem1 9
g of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters.
' ich insurance as is provided by the Master Policy applies, through this cer ificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damaae (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of I
or in connection with the nuclear reactor described in Item l l
3 of the Declarations, and l MSFC-1 (1/1/83) Page 1 l
(3) which is discovered and for which written claim is made
~
against the insured not later than ten years af ter the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage causedbyanextraordinarynuclearoccurrencethissubpar$ graph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declara tions Item 1. Named insureds and addresses:
l (a) Tennessee Valley Authority - 633 Chestnut Street, 660 Commerce Union Building, Chattanooga, Tennessee 37401 Item 2. Additional insureds:-
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. Description and location of nuclear reactor: Unit 3 of the Browns Ferry Nuclear Power Station located in Limestone County, Alabama.
1 Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF- 198 $108,500,000 I Mutual Atomic Energy Liability Underwriters' 1
Policy MF- 66 $ 31,500,000 Page 2 of Certificate No. M- 40
(b) The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1) Waiver df Defenses Endorsement (Extraordinary Nuc1' ear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit 1 of the Browns Ferry Nuclear Power Station Unit 2 of the Browns Ferry Nuclear Power Station Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August,1977 and continuing to the effective date and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $1,125,000 Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 through December 31 following:
$ 565.65
( Page 3 of Certificate No. M- 40 I
l - - -- . .- . . . _ . . . . -
f_
- BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The nr.med insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allouances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoevbr kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such ccvenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M 40
- ~ .
The preceding Certificate of Insurance, Declarations and Bond fonn a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHERE0F, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time.
, Tennessee Valley Authority .
(Named Insured - Type'or' Print)
Ne#b L
By (SEAL)'
As:!sitt S:cn!cq (Signature) ,-
L. L. Snell < s' Contracting Officer ,' .
,Fj:' ,,:. , . ,
(Type or Prin$ Name & Title)- . c, Date: /C/M
/ /
/A u (Named Insured - Type or Print)
By (SEAL)
(Signature)
(Type or Print Name & Title)
Date:
)
(Named Insured - Type or Print)
By (SEAL)
(Signa ture )
(Type or Print Name & Title)
Date: 1 Page 5 of Certificate No. th10__
IN WITNESS WHEREOF, th; companies subscribing th2 Master Policy havo caused the Cedificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1,1977 below by a duly authorized representative.castern standard time, and countersigned Attest or Witness For the Subscribing Companies of f MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ha W Y:
-C h ~ ~ b,W l
t AulporizedAgent Countersigned by / (//// Nov (Authoriz(d Rept esentative)
Subscribing Companies i PROP 0RTION OF 100%
American Mutual liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 l
l Page 6 of Certificate No. M- 40
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE N0. M-40 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT tnI It is agreed that the Annual Premiums applicable to the periods g,.5 designated below are as follows:
a 'ad 8 For Calendar Year 1978 yfg, o3%g Effective Date January 1,1978 Annual Premium $1,350.00 hp S "Q d For Calendar Year 1979
%3}{5 j Effective Date January 1,1979 g ; o Annual Premium $1,350.00 o ,g,, ,; a . -
l] 1 g a
]d For Calendar Year 1980 Effective Date January 1, 1980
- Py Annual Premium $1,350.00 3we e For Calendar Year 1981 ay%"l 35 jg Effective Date January 1, 1981 53]
- .ag a, g Annual Premium $1,350.00
. n 5 S x c. 1 For Calendar Year 1982
",, u $ %
Effective Date January 1,1982 ty59 !.
j]e Annual Premium $1.350.00
- e a .
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oa 8 4M u
O!E$
R0 E 0'O hRective Date of To form a part 5 M o ethis Endorsement as stated above of Certificata N,t M-40 g
Tennessee Valley Authority December 15, 1982 Date of Issua For the Subscribing Companies M UAL ATOMIC ENEllGY LIAy!LITY U ERWitITERS l BY
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Endornoment No.
I Counternigncil by -
ME-S-3 l
',, . NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE N0. M-40 -
Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
Th It is agreed that Item 4.(a) of the Declarations is amended to read E5 2eE as follows:
E!
E *!8* 7
, { '" j Item 4. (a) Identification of primary financial protection c .: -c
[T$l
._ Q $ 9 g
.{g applicable to the nuclear reactor and limit (s) 5 @ rf $ $ of liability thereof:
0$50 !
8E3$ D
$ e ;; t
,ew*
ja Nuclear Energy Liability Insurance Association's ed
- "33 i Policy NF 198 $124,000,000 28~
a O m$
'e
- ne y"ga 8
, , gj Mutual Atomic Energy Liability Underwriters' 35 ea uneesom 0d v3 eoiicy Me 66 536,000,000
- 2?k ck l
38.3E kN-e o~c
- Ej3 Se"9 n c '- LE:fToctive Date of
- To form a part
'l.his Endorsement May 1, 1979 of Certificato Nn. M-40 Issueto Tennessee Valley Authority December 15, 1982 Daw of Iw For the Subscribing Companies M UAL ATOMIC ENE11GY LIApILITY U ERWillTERS 11y
-#2 vpt N Endornement No. 2 Counteniigncil by ..
Aorminu.:i. n :rur4e:marne:
ME-S-2
7 D
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AfiNUAL PREMIUM Ef1DORSEMEf1T Calendar Year 1983 AriNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 1,350.00 .
Tnie lu to cortify tnat this is a L w uupy of tne original Endorseuent having the endcrce a r .u.2bor and being made part of the Ecclear Energy Liabidty Policy (hcility Form) as des-ignated hereon. No Insttrance is a1Torded hereunder.
.z. W John L. Quattrocchi, Vice President Liability Underwriting ,
American Nucker insurers Effective Date of To form n onrt this Endorsement January 1,1983 of Certificate fio. M-40 7,,,, ,
Tennessee Valley Authority Date of Issun December 15, 1982 For the Subscribing Companies Mt; 'tJAL ATOMIC ENEltGY LIA ILITY 11 JEllWitITGIts Ily _ _ E -C t, f
'/kg s ,
Endoraement No. 3 Countersigne 1 by . . . .
A o rmmun. strema r4nn: