Required Security. As security for the Loan the Borrower will timely execute, and deliver, or cause to be executed and delivered, to the Lender a share pledge agreement in the form attached hereto as Schedule B, pursuant to which the Borrower will pledge to the Lender 100% of the issued and outstanding shares in the capital of Falls Mountain Coal Inc. (the "Security").
Appears in 2 contracts
Sources: Loan Agreement (Pine Valley Mining Corp), Loan Agreement (Pine Valley Mining Corp)