Definition of AU Security


AU Security means a first ranking deed of charge on the terms attached and incorporated as Exhibit G and registered against TQI with all relevant government authorities in Australia to secure the Obligations of TQI under this Agreement and attached Exhibits, including the payment of the Retained Overriding Royalty;
Sample 1

Examples of AU Security in a sentence

Tipperary Parties shall cause TQI to execute and deliver and TQI shall execute and deliver to Tri-Star all forms required for registration of the AU Security and the US Security with relevant governmental authorities, including the Australian Securities and Investments Commission and Queensland Department of Natural Resources and the Secretary of State of Texas and Colorado.