Mining Titles Security definition

Mining Titles Security means mortgage bonds to be given by each of Southold and Puma in favour of Standard Chartered Bank and registered in the Mineral and Petroleum Titles Registration Office over all the Mining Titles, in a form and on terms acceptable to the Facility Agent as security for, amongst other things, the Secured Liabilities, as supplemented or otherwise modified from time to time;
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Examples of Mining Titles Security in a sentence

  • All monies received or recovered by the Parallel Debt Agent in respect of the Parallel Debt or the enforcement or realisation of the Mining Titles Security, shall be paid to the Security Agent for application to the Lenders as set out herein.

  • The Security granted under the Mining Titles Security to the Parallel Debt Agent to secure the Parallel Debt is granted to the Parallel Debt Agent in its capacity as creditor of the Parallel Debt and shall not be held on trust.

  • A Parallel Debt Agent will not be obliged to transmit to its principal any confidential information or other information relating to any Party or the Mining Titles Security which the Parallel Debt Agent may have acquired otherwise than in its capacity as Parallel Debt Agent.

Related to Mining Titles Security

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph __.32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Additional Pledged Collateral means any Pledged Collateral acquired by any Grantor after the date hereof and in which a security interest is granted pursuant to Section 2.2 (Grant of Security Interest in Collateral), including, to the extent a security interest is granted therein pursuant to Section 2.2 (

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

  • Covered Security means a security as defined in Section 2(a)(36) of the Act, which includes: any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.