No Right to Mortgage. No Party will have the right to mortgage, create or provide for a security interest in or convey in trust its rights, titles and interests in a Reclamation Trust created pursuant to this Mine Reclamation Agreement, or in funds held in a Reclamation Trust created pursuant to this Mine Reclamation Agreement, to a trustee or trustees under deeds of trust, mortgages or indentures, or to secured parties under a security agreement, as security for their present or future bonds or other obligations or securities, and to any successors or assigns thereof.
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Samples: Reclamation and Trust Funds Agreement, Reclamation and Trust Funds Agreement
No Right to Mortgage. No Party will have the right to mortgage, create or or provide for a security interest in or convey in trust its rights, titles and interests in a Reclamation Decommissioning Trust created pursuant to this Mine Reclamation Decommissioning Agreement, or in funds held in a Reclamation Decommissioning Trust created pursuant to this Mine Reclamation Decommissioning Agreement, to a trustee or trustees under deeds of trust, mortgages or indentures, or to secured parties under a security agreement, as security for their present or future bonds or other obligations or securities, and to any successors or assigns thereof.
Appears in 2 contracts
Samples: Decommissioning and Trust Funds Agreement, Decommissioning and Trust Funds Agreement
No Right to Mortgage. No Party will have the right to mortgage, create or or provide for a security interest in or convey in trust its rights, titles and interests in a Reclamation Trust created pursuant to this Mine Reclamation Agreement, or in funds held in a Reclamation Trust created pursuant to this Mine Reclamation Agreement, to a trustee or trustees under deeds of trust, mortgages or indentures, or to secured parties under a security agreement, as security for their present or future bonds or other obligations or securities, and to any successors or assigns thereof.
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No Right to Mortgage. No Party will have the right to mortgage, create or or provide for a security interest in or convey in trust its rights, titles and interests in a Reclamation Decommissioning Trust created pursuant to this Mine Reclamation Decommissioning Agreement, or in funds held in a Reclamation Decommissioning Trust created pursuant to this Mine Reclamation Decommissioning Agreement, to a trustee or trustees under deeds of trust, mortgages or indentures, or to secured parties under a security agreement, as security for their present or future bonds or other obligations or securities, and to any successors or assigns thereof.thereof.
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