ML12097A241: Difference between revisions

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| issue date = 04/04/2012
| issue date = 04/04/2012
| title = Letter Regarding Nuclear Labyrinth Acquiring the Ownership of the Stock and Business of Aerotest Operations
| title = Letter Regarding Nuclear Labyrinth Acquiring the Ownership of the Stock and Business of Aerotest Operations
| author name = Slaughter D M
| author name = Slaughter D
| author affiliation = Aerotest Operations, Inc, Nuclear Labyrinth LLC
| author affiliation = Aerotest Operations, Inc, Nuclear Labyrinth LLC
| addressee name =  
| addressee name =  
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| page count = 1
| page count = 1
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{{#Wiki_filter:/*,        UCLEAR L_ABYRINTH Document Control Desk                                                                        April 4,2012 US Nuclear Regulatory Commission                                                  Docket Number. 50-228 11555 Rockville Pike Rockville, Maryland 20852 Via Express Delivery RE: 10CFR 50.80 (a)
Buyer Commitment for Aerotest Radiography and Research Reactor License No R-98 Nuclear Labyrinth LLC ("Buyer)" is considering acquiring the ownership of the stock and business of Aerotest operations, Inc ("Aerotest") from Autoliv ASP, Inc. (the ultimate parent corporation of Aerotest) ("Seller"). A date certain for this transaction has not been determined, although it is expected to occur on or before September 30, 2012. If the Buyer acquires Aerotest, Buyer intends to continue operation of the facility and enhance its principle mission to include education, training and research in the area of neutron science and engineering. It is understood that all operations are subject to Reactor License R-98 (Aerotest Radiography and Research Reactor ("ARRR") License).
Buyer understands that under the terms of the ARRR license, Seller is subject to a number of constraints, conditions, requirements and commitments. Prior to acquisition, Seller will remain responsible for the compliance with the ARRR license and any violations occur prior to the effective date of the acquisition.
After the effect date of acquisition, Buyer agrees to abide by all of the constraints, conditions, requirements, and commitments of the ARRR license and any violations that occur after the effective date of acquisition.
Upon License transfer, buyer will establish a decommissioning trust fund consistent with 10 CFR 50.75 (e) (1) under terms acceptable to the NRC. A draft of the trust documents will be submitted to the NRC for review at a later date.
I appreciate your assistance in this matter. Should you have any questions, please feel free to contact me directly.
Sit cerely, David M. Slaughter, PhD,
: CEO, Nuclear Labyrinth LLC University Research Park - P.O. Box 58023 - Salt Lake City, UT 84158-0023}}

Latest revision as of 05:18, 12 November 2019

Letter Regarding Nuclear Labyrinth Acquiring the Ownership of the Stock and Business of Aerotest Operations
ML12097A241
Person / Time
Site: Aerotest
Issue date: 04/04/2012
From: Slaughter D
Aerotest, Nuclear Labyrinth LLC
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML12097A241 (1)
v • d • e


Text

/*, UCLEAR L_ABYRINTH Document Control Desk April 4,2012 US Nuclear Regulatory Commission Docket Number. 50-228 11555 Rockville Pike Rockville, Maryland 20852 Via Express Delivery RE: 10CFR 50.80 (a)

Buyer Commitment for Aerotest Radiography and Research Reactor License No R-98 Nuclear Labyrinth LLC ("Buyer)" is considering acquiring the ownership of the stock and business of Aerotest operations, Inc ("Aerotest") from Autoliv ASP, Inc. (the ultimate parent corporation of Aerotest) ("Seller"). A date certain for this transaction has not been determined, although it is expected to occur on or before September 30, 2012. If the Buyer acquires Aerotest, Buyer intends to continue operation of the facility and enhance its principle mission to include education, training and research in the area of neutron science and engineering. It is understood that all operations are subject to Reactor License R-98 (Aerotest Radiography and Research Reactor ("ARRR") License).

Buyer understands that under the terms of the ARRR license, Seller is subject to a number of constraints, conditions, requirements and commitments. Prior to acquisition, Seller will remain responsible for the compliance with the ARRR license and any violations occur prior to the effective date of the acquisition.

After the effect date of acquisition, Buyer agrees to abide by all of the constraints, conditions, requirements, and commitments of the ARRR license and any violations that occur after the effective date of acquisition.

Upon License transfer, buyer will establish a decommissioning trust fund consistent with 10 CFR 50.75 (e) (1) under terms acceptable to the NRC. A draft of the trust documents will be submitted to the NRC for review at a later date.

I appreciate your assistance in this matter. Should you have any questions, please feel free to contact me directly.

Sit cerely, David M. Slaughter, PhD,

CEO, Nuclear Labyrinth LLC University Research Park - P.O. Box 58023 - Salt Lake City, UT 84158-0023
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