![]() Note B Rate means the Note B Rate set forth on the Mortgage Loan Schedule. For the initial Accrual Period, the Class B Rate shall mean the Initial Accrual Rate plus 1.50% based on an Actual/360 accrual method. on such day received to the Administrative Agent from a Federal funds broker of recognized standing selected by it provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.Ĭlass A-2b Rate means LIBOR plus 0.07% per annum (computed on the basis of the actual number of days elapsed during the relevant Interest Period and a 360 day year) provided that, if the sum of LIBOR plus 0.07% is less than 0.00% for any Interest Period, then the Class A-2b Rate for such Interest Period shall be deemed to be 0.00%.Ĭlass B Rate means, for any Accrual Period after the initial Accrual Period, One-Month LIBOR, as determined on the related LIBOR Determination Date, plus 1.50% based on an Actual/360 accrual method. For more information about putting the services of RPM Solutions to work regarding gob piles, contact us at Rate means the rate for a federal funds transaction quoted at 11:00 a.m. RPM Solutions provides a range of technical services to help optimize efficiency and improve bottom line performance. One method is to regrade the pile to eliminate steep slopes, then use various water management practices to keep water from infiltrating the pile and to cap the pile with soils and other amendments to promote the growth of vegetation. If it is cost-prohibitive to burn a gob pile in a CFB power plant, the pile may have to be spread out and mixed with soil and alkaline material to allow revegetation of the area.įor gob piles having little commercial value, other reclamation methods may have to be employed. Power companies are able to burn the coal that was left behind in gob piles using a technology called Circulating Fluidized Bed (CFB) combustion. Energy companies can reclaim abandoned gob piles because the waste coal provides cheap fuel. Many gob piles can be commercially reprocessed to harvest the remaining coal from other waste materials, especially those having high coal (energy) content.īesides the environmental degradation, gob piles sink property values and contribute to economic decline. They generally don’t support the growth of much vegetation and are characterized by their steep, eroded, unstable dark gray banks. Gob piles have too often become permanent fixtures on the landscape and are responsible for environmental degradation, as well as being hazards and eyesores. RPM Solutions recovers waste coal from gob piles and uses the proceeds to offset the cost of reclamation.īecause the separation process is far from perfect, coal itself is generally a major constituent of gob piles. What to do with a mountain of junk coal has been a topic of debate for years, due to environmental concerns. The required government permits can be difficult for coal companies to obtain. Gob has been an ongoing problem for coal companies throughout West Virginia, Pennsylvania, parts of Ohio, Kentucky and Virginia. Gob piles generally consist of coal, shale, bone coal, sulfates and carbonates. A waste gob pile is heterogeneous rather than homogeneous in composition and variation will occur, both horizontally and vertically. A partial solution to the dilemma could lie in the redemption of waste gob piles which can result in the production of much needed energy while reducing the ecologic and aesthetic problems these banks currently represent. One of the major problems facing the electric power generating industry is the ever increasing demand for energy coupled with a real and vociferous public demand for reduced pollution levels. They are major sources of land, air and water pollution and represent public health hazards. Piles of gob left behind after mining extractions can spontaneously combust or catch fire from lightning strikes and can also leach acid mine water and hazardous substances. Heavy metals that exist in refuse can pollute waterways by leaching into the groundwater or flowing directly into water sources. The disposal of coal refuse can contaminate local waterways, soils and air from their toxic components. There are several ways to manage coal refuse, but most often it is put into massive gob piles, resembling hills or mountains. RPM Solutions uses proprietary equipment technology and refined operating skills to provide an innovative approach to coal yard reclamation and ash pond management. ![]() RPM Solutions, a reclamation, ash management and environmental services company, specializes in dealing with gob piles. This waste material is typically composed of shale, as well as smaller quantities of carboniferous shale and various other residues. A gob pile is a pile built of accumulated spoil, the waste rock removed during coal mining.
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