ORE Property definition
ORE Property means real property owned by Seller that was acquired by reason of a defaulted loan (or under similar circumstances) and is not currently used in the Banking Operations.
ORE Property means the mineral bearing lands of a mine from which underground ore is mined, stockpiles of underground ore, buildings, plants, facilities, equipment, tools and supplies, but exclusive of any lands held primarily for timber purposes, used in connection with the mining and transportation of the underground ore.