Mining Title definition
Mining Title means fee simple title to surface and/or minerals or an undivided interest in fee simple title thereto or a leasehold interest in all or an undivided interest in surface and/or minerals together with no less than those real property, easements, licenses, privileges, rights and appurtenances as are necessary to mine, remove, process and transport minerals in the manner presently operated.
Mining Title means an undivided fee simple title to the real property interest (including interests in surface and/or coal mining rights) or a leasehold interest in an undivided interest in the real property interest (including interests in surface and/or coal mining rights) together with no less than those real properties, easements, licenses, privileges, rights and appurtenances as are necessary to mine, remove, process and transport coal in the manner operated at such time.
Mining Title means fee simple title to surface and/or Coal or an undivided interest in fee simple title thereto or a leasehold interest in all or an undivided interest in surface and/or Coal together with (A) for Real Property designated for surface mining, no less than those easements, licenses, privileges, rights and appurtenances as are necessary to mine, remove, and transport Coal by surface mining methods; (B) for Real Property designated for underground mining, no less than those easements, licenses, privileges, rights and appurtenances as are necessary to mine, remove, and transport Coal by underground mining methods; and (C) for Real Property where any Loan Party has facilities currently used in the Coal mining business, including office and administrative buildings, mine openings, air shafts, preparation and processing plants, slurries and gob disposal areas, retention and drainage ponds, unfinished Reclamation areas, coal terminals, and coal loading and storage facilities, no less than those easements, licenses, privileges, rights, and appurtenances as are necessary to operate such facilities in the manner presently operated.
Examples of Mining Title in a sentence
At the time this representation is made, Borrower has Mining Title to all Mining Facilities covered by outstanding Governmental Approvals issued to Borrower to the extent necessary to conduct its business as currently conducted and to utilize such properties for their intended purpose at such time.
The current Contract constitutes the sole and total agreement between the Parties in relation to the subject matter of the contract and prevails upon any verbal or written proposal, on all prior negotiation and all other communications between the Parties with respect to the subject matter of the Contract and, in particular, upon the Memorandum of Understanding for the Acquisition of a Mining Title, entered into between the Parties on September 23, 2011.
The duration of such suspension may not exceed the duration of the Exploration Mining Title.
Such benefits may not last beyond the term of an Exploration Mining Title.
This PSC shall become effective and shall bind the Parties upon signature by duly authorized representatives of OMNIS and Participants and after promulgation of a decree by the President of Madagascar approving the PSC, and after a decree granting the Mining Title to OMNIS.
More Definitions of Mining Title
Mining Title means any licence, right or lease granted under the provisions of the Minerals Act, the Quarries Act and the Petroleum Act or under the provisions of any other enactment regulating or authorising the wining of solid or other minerals;
Mining Title means the exploration permit and the mining permit, in accordance with the Mining Code in force.
Mining Title means a lease, licence, permit, authority or reservation issued under the Mining ▇▇▇ ▇▇▇▇ (WA), or by virtue of the Mining ▇▇▇ ▇▇▇▇ (WA), a Government Agreement or the ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ (WA) or the ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ (WA);
Mining Title means a claim, block of claims, mining lease or special grant and (depending on the context) includes any document evidencing a mining
Mining Title means fee simple title to surface and/or coal or an undivided interest in fee simple title thereto or a leasehold interest in all or an undivided interest in surface and/or coal together with no less than those real property, easements, licenses, privileges, rights and appurtenances as are necessary to mine, remove, process and transport coal in the manner currently conducted by the Company or one of its Subsidiaries. “Moody’s” means ▇▇▇▇▇’▇ Investors Service, Inc. and its successors. “Mortgage” shall have the meaning set forth in the Security Agreement. “Mortgage Documents” shall have the meaning set forth in the Security Agreement. “MSHA” means the Federal Mine Safety and Health Act of 1977, 30 U.S.C. §§ 801 et seq., as amended. “Multiemployer Plan” means any “multiemployer plan” as defined in Section 3(37) of ERISA that is sponsored, maintained or contributed to by, or required to be contributed to by, any Credit Party or any of its ERISA Affiliates or with respect to which any Credit Party or any of its ERISA Affiliates previously sponsored, maintained or contributed to or was required to contribute to, at any time during the preceding six calendar years, and still has liability. “Net Proceeds (Asset Dispositions)” means, in connection with any Permitted Asset Disposition (other than the sale of Inventory in the Ordinary Course of Business), the difference between (a) the aggregate amount of cash or Cash Equivalents received by a Credit Party or Subsidiary in connection with such Permitted Asset Disposition, and (b) the sum of (i) all reasonable and customary costs and expenses incurred in connection with such Permitted Asset Disposition up to an amount not to exceed the Threshold Amount; (ii) amounts applied to repayment of Debt secured by a Permitted Lien senior to Administrative Agent’s Liens on assets sold; (iii) taxes reasonably estimated to be actually payable within two years of the date of the relevant transaction as a result of any gain recognized in connection therewith; provided, that any such estimated amount reserved for taxes shall be held in an escrow account; provided, further, if the amount of any estimated taxes pursuant to this subclause (iii) exceeds the amount of taxes actually required to be paid in cash in respect of such Permitted Asset Disposition, the aggregate amount of such excess shall constitute Net Proceeds (Asset Dispositions); (iv) amounts held in escrow to be applied as part of the purchase price for such assets; and (...
Mining Title means any mineral title in any form whatsoever (including mineral claims (whether staked or map-designated), mining exploration licenses, mining leases, exploration licenses, leases to mine, mining concession or any other mining right, title or interest issued under the Mining Act, R.S.Q., chap. M-13.1) and any mineral title into which any such mining title may converted and any renewals or restaking thereof or substitutions therefor;
Mining Title means fee simple title to surface and/or Coal or an undivided interest in fee simple title thereto or a leasehold interest in all or an undivided interest in surface and/or Coal together with (A) for Real Property designated for surface mining, no less than those easements, licenses, privileges, rights and appurtenances as are necessary for Borrower or any of its Subsidiaries to mine, remove, and transport Coal by surface mining methods for a period of five (5) years without incurring a Material Adverse Effect; (B) for Real Property designated for underground mining, no less than those easements, licenses, privileges, rights and appurtenances as are necessary for Borrower or any of its Subsidiaries to mine, remove, and transport Coal by underground mining methods for a period of five