Document: NRC Regulatory Guide
Document ID: 8ebf2253-f3d2-4bcd-ac80-7cbf6ab8d420
Document Type: regulatory_guide
Title: Assuring the Availability of Funds for Decommissioning Nuclear Reactors + HISTORY –HISTORY 02/2022 – DG-1348 Revision 1, Proposed Revision 3 06/2018 – DG-1348 , Proposed Revision 3 11/2016 – Periodic Review of Revision 2 – Reviewed with no issues identified 01/2011 – DG-1229 , Proposed Revision 2 05/2001 – DG-1106 , Proposed Revision 1 05/1989 – DG-1003 , Proposed Revision 0 (Rev. 1)
Source: NRC Regulatory Guide Division 1
Source URL: https://www.nrc.gov/docs/ML2134/ML21347A081.pdf
Revision Date: 2023-05
Chapter: 
Section ID: RG-1.159
CFR Part: 
CFR Title: 

Content:
and Expenses of the Escrow Agent The fee of the escrow agent for its services in establishing the escrow account shall be $_____, payable at the time of the execution of this Agreement, to be borne by [insert the name of the licensee], licensee. Expenses of the escrow agent for the administration of the escrow account, the compensation of the escrow agent for services subsequent to the establishing of the escrow account to the extent not paid directly by the licensee, and all other proper charges and disbursements shall be paid from the escrow account. Paragraph 11. Amendment to This Agreement This Agreement may be amended by an instrument in writing executed by the licensee and the escrow agent. However, this Agreement may not be amended in any material respect without written notification to the Document Control Desk as specified in 10 CFR 50.4 or 10 CFR 52.3, as applicable, at least 30 working days prior to the proposed effective date of the amendment. The escrow account may not be amended if the person responsible for managing that account receives written notice of objection from the Director of either the Office of Nuclear Reactor Regulation, the Office of New Reactors, or the Office of Nuclear Material Safety and Safeguards, as applicable, within the notice period. DG-1348 Revision 1, Appendix A, Page A-6 Paragraph 12. Termination This Agreement can be terminated by written notice of termination to the escrow agent, signed by [insert the name of licensee], licensee, and by the [insert the NRC or the name of the State regulatory agency] alone, if the licensee has ceased to exist. Paragraph 13. Interpretation This escrow Agreement constitutes the entire agreement between [insert the name of licensee] and [insert the name of the escrow agent]. The escrow agent shall not be bound by any other agreement or contract entered into by [insert name of licensee], and the only document that may be referenced in case of ambiguity in this escrow Agreement is the licensing