Mining Real Property definition
Examples of Mining Real Property in a sentence
No Company has leased, licensed or otherwise granted to any Person (other than the Companies) the right to use or occupy such Mining Real Property.
There are no options, contracts, or other agreements under which any Company has a right to purchase, lease or otherwise acquire, or the obligation to sell, lease, or otherwise divest, any Mining Real Property or interests in Mining Real Property.
To the Knowledge of the Company, no condemnation proceeding or proposed Action or agreement for taking in lieu of condemnation with respect to the Mining Real Property is pending or threatened.
The Companies have good and marketable title to the Mining Real Property, free and clear of all Encumbrances, except for Permitted Encumbrances, and the Mining Real Property is sufficient for conduct of the business of the Companies as presently conducted and as conducted during the twelve months prior to the date of this Agreement.
Except as set forth on Section 3.23 of the Company Disclosure Letter, the Companies enjoy peaceful and quiet access, use and/or occupation of the Mining Real Property.