Deer Run Mine definition
Examples of Deer Run Mine in a sentence
Borrower has not conducted and is not conducting any business or activities other than businesses and activities directly or indirectly relating to the ownership, development, construction, operation, maintenance and financing of the Deer Run Mine and business activities reasonably related thereto.
Borrower is the sole owner of, legally and beneficially, and has good marketable and insurable title in fee simple to, or a valid leasehold interest in, all its Property (including the Deer Run Mine), and none of such Property is subject to any claims, liabilities, obligations, charges or restrictions of any kind, nature or description or to any Lien other than General Permitted Liens and Equipment Permitted Liens.
Evidence of insurance coverage for Borrower and the Deer Run Mine satisfying the requirements of the Transaction Documents, which insurance shall be in form and substance reasonably satisfactory to Administrative Agent, together with evidence that such policy or policies are in full force and effect, shall have been delivered to Administrative Agent.
Conduct any business or activities other than businesses and activities directly or indirectly relating to the ownership, development, construction, operation, maintenance and financing of the Deer Run Mine and business activities reasonably related thereto.
Contributor agrees to provide, or cause to be provided, to Borrower all resources (in the form of cash or other appropriate form) necessary to enable Borrower to achieve the Commercial Operation Date (including by obtaining debt sources for financing of the construction and development costs with respect to the Deer Run Mine).
For so long as the Deer Run Entities are Unrestricted Subsidiaries, the Borrower shall not permit any of the Deer Run Entities to dividend or otherwise distribute insurance proceeds received in connection with, or in respect of, the Deer Run Mine to any Person other than the Borrower.