Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 48 6.1.2 Subsidiaries and Owners; Investment Companies 48 6.1.3 Validity and Binding Effect 49
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 59 6.1.2 Capitalization and Ownership 59 6.1.3 Subsidiaries 59 6.1.4 Validity and Binding Effect 60 6.1.5 No Conflict; Material Agreements; Consents 60 6.1.6 Litigation 60 6.1.7 Financial Statements 60 6.1.8 Margin Stock 61 6.1.9 Full Disclosure 61 6.1.10 Taxes 61 6.1.11 Patents, Trademarks, Copyrights, Licenses, Etc. 61 6.1.12 Insurance 62
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default. 62 6.1.2 Subsidiaries; Investment Companies. 63 6.1.3 Validity and Binding Effect. 63 6.1.4 No Conflict; Material Agreements; Consents. 63 6.1.5 Litigation. 64 6.1.6 Financial Statements. 64 6.1.7 Margin Stock. 64 6.1.8 Full Disclosure. 64 6.1.9 Taxes. 65 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc. 65 6.1.11 Liens in the Collateral. 65 6.1.12 Insurance. 65 6.1.13 ERISA Compliance. 65 6.1.14 Environmental Matters. 66 6.1.15 Solvency. 66 6.1.16 Anti-Terrorism Laws. 66 6.1.17 EEA Financial Institution. 66 6.1.18 Material Contracts; Burdensome Restrictions. 66 6.1.19 Employment Matters. 67 6.2 Updates to Schedules. 67
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 49 6.1.2 Subsidiaries and Owners; Investment Companies 50 6.1.3 Validity and Binding Effect 50 6.1.4 No Conflict; Material Agreements; Consents 50 6.1.5 Litigation 50 6.1.6 Financial Statements 51 6.1.7 Margin Stock 51 6.1.8 Full Disclosure 51 6.1.9 Taxes 52 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc. 52 6.1.11 Liens in the Collateral 52 6.1.12 Insurance 52 6.1.13 ERISA Compliance 52 6.1.14 Environmental Matters 53 6.1.15 Solvency 53 6.1.16 Coal Act; Black Lung Act 53 6.1.17 Bonding Capacity 54 6.1.18 Permit Blockage 54 6.1.19 Xxxxxxxxx Land Company and Elk Creek, L.P 54 6.1.20 Vendor Liens. No default exists with respect to any of the Vendor Liens 54 6.2 Updates to Schedules 54
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 56 6.1.2 Subsidiaries and Owners; Investment Companies 56 6.1.3 Validity and Binding Effect 57 6.1.4 No Conflict; Material Agreements; Consents 57 6.1.5 Litigation 57 6.1.6 Financial Statements 57 6.1.7 Margin Stock 58 6.1.8 Full Disclosure 58 6.1.9 Taxes 58 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc. 59 6.1.11 Liens in the Collateral 59 6.1.12 Insurance 59 6.1.13 ERISA Compliance 59 6.1.14 Environmental Matters 60 6.1.15 Solvency 60 6.2 Updates to Schedules 60 7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 60 7.1 First Loans and Letters of Credit 60 7.1.1 Deliveries 61 7/1/2002 Payment of Fees 62 7.2 Each Loan or Letter of Credit 62 8. COVENANTS 62 8.1 Affirmative Covenants 62 8/1/2001 Preservation of Existence, Etc. 62 8/1/2002 Payment of Liabilities, Including Taxes, Etc. 62 8/1/2003 Maintenance of Insurance 62 8/1/2004 Maintenance of Properties and Leases 63 8/1/2005 Visitation Rights 63 8/1/2006 Keeping of Records and Books of Account 63 8/1/2007 Compliance with Laws; Use of Proceeds 63 8/1/2008 Further Assurances 63 8/1/2009 Anti-Terrorism Laws 63 8.2 Negative Covenants 64 8/2/2001 Indebtedness 64 8/2/2002 Liens; Lien Covenants 66 8/2/2003 Guaranties 66 8/2/2004 Loans and Investments 66 8/2/2005 Dividends and Related Distributions 67 8/2/2006 Liquidations, Mergers, Consolidations, Acquisitions 68 8/2/2007 Dispositions of Assets or Subsidiaries 68 8/2/2008 Affiliate Transactions 69 8/2/2009 Subsidiaries, Partnerships and Joint Ventures 70 8/2/2010 Continuation of or Change in Business 70 8/2/2011 Fiscal Year 70 8/2/2012 Changes in Organizational Documents 70 8/2/2013 Capital Expenditures and Leases 70 8/2/2014 Minimum Fixed Charge Coverage Ratio 71 8/2/2015 Maximum Leverage Ratio. The Loan Parties shall not at any time permit the Leverage Ratio to be greater than 3.00 to 1.00 71 8.3 Reporting Requirements 72 8/3/2001 Quarterly Financial Statements 72 8/3/2002 Annual Financial Statements 72 8/3/2003 Certificate of the Borrower 72 8/3/2004 Notices 73 9. DEFAULT 74 9.1 Events of Default 74 9/1/2001 Payments Under Loan Documents 74 9/1/2002 Breach of Warranty 74 9.1.39.1.49.1.59.1.69.1.79.1.89.1.99.1.109.1.11 Breach of Negative Covenants or Visitation RightsBreach of Other CovenantsDefaults in Other AgreementsFinal Judgments or OrdersLoan Document UnenforceableUninsured Losses; Proceedings Against AssetsEvents Relating to PlansChange of ControlRelief Proceedings 747475757575757575 9.2 Consequenc...
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default. 62 6.1.2 Subsidiaries and Owners; Investment Companies. 63 6.1.3 Xxxxxxxx and Binding Effect. 63 6.1.4 No Conflict; Material Agreements; Consents. 63 6.1.5 Litigation. 64 6.1.6 Financial Statements. 64 6.1.7 Margin Stock. 64 6.1.8 Full Disclosure. 65 6.1.9 Taxes. 65 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc. 65 6.1.11 Liens in the Collateral. 65 6.1.12 Accounts. 65 6.1.13 Inventory. 66 6.1.14 Insurance. 66 6.1.15 ERISA Compliance. 66 6.1.16 Environmental Matters. 67 6.1.17 Solvency. 67 6.1.18 Coal Act; Black Lung Act. 67 6.1.19 Bonding Capacity. 67 6.1.20 Permit Blockage. 67 6.1.21 Xxxxxxxxx Energy, Inc. 68 6.1.22 Excluded Subsidiaries. 68
Organization and Qualification; Power and Authority; Compliance With Laws. 6.1.2 Subsidiaries and Owners of Borrower; Investment Companies; Regulated Entities
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default 62 6.1.2 Subsidiaries and Owners; Investment Companies 62 6.1.3 Validity and Binding Effect 63 6.1.4 No Conflict; Material Agreements; Consents 63 6.1.5 Litigation 63 6.1.6 Financial Statements 64 6.1.7 Margin Stock 64 6.1.8 Full Disclosure 64 6.1.9 Taxes 64 6.1.10 Patents, Trademarks, Copyrights, Licenses, Etc. 65 6.1.11 Reserved 65 6.1.12 Insurance 65 6.1.13 ERISA Compliance 65 6.1.14 Environmental Matters 66 6.1.15 Solvency 66 6.1.16 Anti-Money Laundering/International Trade Law Compliance 66 7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 66 7.1 First Loans and Letters of Credit 66 7.1.1 Deliveries 66 7.1.2 Payment of Fees 68 7.2 Each Loan or Letter of Credit 68 8. COVENANTS 68 8.1 Affirmative Covenants 68
Organization and Qualification; Power and Authority; Compliance With Laws. Title to Properties; Event of Default. ..................................................................... 59 6.1.2 Subsidiaries; Investment Companies. ..................................................................... 60 6.1.3 Validity and Binding Effect. ................................................................................... 60 6.1.4 No Conflict; Material Agreements; Consents. ........................................................ 60 6.1.5 Litigation. ................................................................................................................ 60 6.1.6
