ML20127N103

Amend 8 to Indemnity Agreement B-42

ML20127N103
Person / Time
Site:	Monticello
Issue date:	08/08/1978
From:	Saltzman J Office of Nuclear Reactor Regulation
To:
Shared Package
ML20127N097	List: ML20127N095 ML20127N103
References
B-42, NUDOCS 9211300568
Download: ML20127N103 (2)

Text

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Docket No. 50-263 AMENDHENT TO IHOEMNITY AGREEMENT NO. B-42 N4ENDMENT NO. 8 Ef fective August 1,1977, Indemnity Agreement No. B-42. between Northern States Power Company, and the Atomic Energy Comission, dated October 3, 1969, as amended, is hereby further amended by adding a new Article VIII to read as follows:

" ARTICLE VIII "1. If the licensee fails to pay assessed deferred premiums, the Comission reserves the right to pay those premiums on behalf of the licensee and to recover the amount of such prenttmis from the licensec.

"2. The Comission shall require the immediate submission of financial statements _ by those licensees who indicate, after an assessment of the retrospective premium by the insurance pools, that they will not pay the assessment. Such financial statements shall include, as a minimum, exhibits indicating internally generated funds from operations and accumulated retained earnings. Subsequent submission of financial statements by such licensees may be requested by the Comission, as required.

"3. If premitzus are paid by the Comission as provided in paragraph 1, payment by the Comission shall create a lien in the amount paid in favor of the United States upon all property and rights to property, whether real or persona), belonging to such itcensee. The lien shall arise at the time payment is made by the Comission and shall continue until the liability

! for the amount (or a judgment against the licensee arising out of such liability) is satisfied or becomes unenforceable. The .

Comission will issue a certificate of release of any such lien if it finds that the liability for the amount has been fully satisfied or has become legally unenforceable.

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l "4. If the Comission determines that the licensee is financially able to reimburse the Comission for a deferred premium payment made in its behalf, and the licensee, after notice of such detemination by the Comission fails to make such reimbursement within 120 days, the Comission will take appropriate steps to suspend the license for 30 days. The Ccaraission may take any further action as necessary if reimbursement is not made within the 30-day suspension period including, but not limited to, termination of the operating license."

FOR THE UNITED STATES NUCLEAR REGULATORY COINISSION hl EROME SALTZMAN Jerome Saltzman, Chief Antitrust and Indemnity Group Office of Nuclear Reactor Regulation Accepted . 1978 By T0llTilERN STATES POWER COMPANY Distribution:

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FROMt IPMGXNA NYK l' ZCZC 020 PDB FAX AGNA NEW YORK NY 25 105BA EST TLX B-9569 USAEC HQS GTVN BT UNITED STATES ATOMIC ENERGY COMMISSION GERMANTOWN AE!5 MD ATTENTION J SALTZMAN, DIVISION OF STATE & LICENSEE RELATIONS THIS WILL CONFIRM THAT MAELU HAS ISSUED ENDORSEMENTS INCREASING THE LIMIT OF LIABILITY FROM 115,450,000 TO 121,375,000 EFFECTIVE MARCH 1,1972 VITH RESPECT TO THE FOLLOVING INSUREDS:

COMMONVEALTH EDISON CO - DRESDEN 123 (MF 22)

' YANKEE ATOMIC ELECTRIC COMPANY (MF 26)

CONSOLIDATED EDISON CO 0F NEW YORK (MF 29)

EOUTHERN CALIFORNIA EDISON COMPANY (MF 38)

CONNECTICUT YANKEE ATOMIC POWER COMPANY (MF 39)

N!AGARA MOHAWK POWER CORPORATION (MF 46)

JERSEY CENTRAL POWER AND LIGHT COMPANY (MF 44)

ROCHESTER GAS & ELECTRIC COMPANY (MF 47)

• L CONNECTICUT LIGHT & POVER COMPANY (MF 52)

NORTHERN STATES POWER COMPANY - MONTICELLO (MF SI)

WISCONSIN ELECTRIC POWER COMPANY - POINT BEACH I & 2 (MF 53)

CAROLINA POWER AND LIGHT COMPANY (MF 49)

COMMONVEALTH EDISON COMPANY - QUAD CITIES (MF $4)

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L MUTUAL ATOMIC ENERQY LI ABILITY UNDERVRITERS CFM 118,450,000 121.375,000 1 1972 1 2 3 MF 22 MF 26 MF 29

MF 35 MF 39 MF 46 MF 44 MF 47 MF $2 MF SI 12 MF $3 MF 49 MF 54

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