Coal Interests definition

Coal Interests means all of Coal Party’s interests in the Pennsylvania Mine Area.
Coal Interests has the meaning set forth in the recitals to this Agreement and, for the avoidance of doubt, means all interests in coal seams and coal rights that are owned or controlled by a Coal Party within the Cooperation Area as of the Effective Time, together with all such interests that are acquired by a Coal Party after the Effective Time within the AAI Area; and, collectively, all such interests owned or controlled by every Coal Party. The term “Coal Interest” shall be construed accordingly, as appropriate to the context in which it is used.
Coal Interests means any and all rights, estates, titles and interests in the Coal Leases, all royalty interests, net profits interests, carried interests and any and all other interests in coal, whether any of the same be real or personal, now owned or hereafter acquired by the Borrower or its Subsidiaries, directly or indirectly, and all properties, rights and interests covered thereby, whether arising by contract, by order, or by operation of laws, which now or hereafter include all or any part of the foregoing.

Examples of Coal Interests in a sentence

  • The closed group is also the extended closed group.In addition to the members of the extended closed group, the Iluka group also includes the following Australian companies: Ashton Coal Interests Pty Ltd (Iluka interest 93.4 per cent) and Iluka International (Brazil) Pty Ltd (Iluka interest 100.0 per cent).

  • Any funds allocated to finance the development of the Coal Interests may be to the disadvantage of the development of SRL’s other mineral projects;• if the Coal Interests were retained by SRL and developed into successful coal projects it would be expected that this would be to the benefit of SRL and its shareholders.

  • See Tory, Sarah, “How Utah Coal Interests Helped Push a Secret Plan to Export Coal from California”, High Country News, (7/21/2016), available at: http://www.hcn.org/articles/how-a- utah-coal-company-fueled-a-secret-plan-to-export-coal-from-california-Keep-It-In-The-Ground- Oakland-terminal.

  • Accordingly, the sale of the Coal Interests from SRL to SAR under the Proposed Transaction is to facilitate the Restructure proposed by the Board.

  • SAR will require additional funding in the future to finance acquisitions or meet capital expenditure requirements including for the Coal Interests transaction and completion of the contingent payment due under the northern Leases acquisition.

  • Mr Storey consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.SAR has also entered into an agreement to acquire the Coal Interests located in Brunei and Madagascar.

  • The Company will acquire the Coal Interests for an aggregate consideration of US$100.3 million (US$92.1 million for the Madagascar Interest and US$8.2 million for the Brunei Interest) through its wholly-owned subsidiaries, Reyka Wahana Digdjaya Pte Ltd (“RWD”) and Straits Asia Energy Pte Ltd (“SAE”) respectively.As part of the Proposed Restructure, the Company will seek a dual listing with a secondary listing on the Australian Securities Exchange (“ASX”) (the “Secondary Listing”).

  • On completion of the sale of Coal Interests (the “ Final Completion”), SAE and RWD will pay to SBI the balance of the Brunei Consideration (US$5,330,000) and the balance of the Madagascar Consideration (US$59,865,000) respectively.

  • In determining the feasibility of developing the Coal Interests, Straits Asia will use estimates of coal resources and reserves that are made by its qualified internal personnel and, in most cases, reviewed by an independent mining consultant.

  • SAR paying fair value is to the benefit of the non-Associated Shareholders;• the sale of the Coal Interests to SAR is an important part of the Restructure strategy and assists in aligning each vehicle with a particular focus.


More Definitions of Coal Interests

Coal Interests means any and all rights, estates, titles and interests in the Coal Leases, all royalty interests, net profits interests, carried interests and any and all other interests in coal, whether any of the
Coal Interests means any and all rights, estates, titles and interests in the Coal Leases, all royalty interests, net profits interests, carried interests and any and all other interests in coal, whether any of the same be real or personal, now owned or hereafter acquired by the Borrower or its Subsidiaries, directly or indirectly, and all properties, rights and interests covered thereby, whether arising by contract, by order, or by operation

Related to Coal Interests

  • Mineral Interests means rights, estates, titles, and interests in and to oil and gas leases and any oil and gas interests, royalty and overriding royalty interest, production payment, net profits interests, oil and gas fee interests, and other rights therein, including, without limitation, any reversionary or carried interests relating to the foregoing, together with rights, titles, and interests created by or arising under the terms of any unitization, communization, and pooling agreements or arrangements, and all properties, rights and interests covered thereby, whether arising by contract, by order, or by operation of Laws, which now or hereafter include all or any part of the foregoing.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Capital Interests means any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, including, without limitation, with respect to partnerships, partnership interests (whether general or limited) and any other interest or participation that confers on a person the right to receive a share of the profits and losses of, or distributions of assets of, such partnership.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Contributed Interests has the meaning set forth in the recitals.

  • Preferred Interests means, with respect to any Person, Equity Interests issued by such Person that are entitled to a preference or priority over any other Equity Interests issued by such Person upon any distribution of such Person’s property and assets, whether by dividend or upon liquidation.

  • Assigned Interests has the meaning set forth in Section 2 hereof;

  • Purchased Interest means, at any time, the undivided percentage ownership interest of the Purchasers in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage ownership interest shall be computed as:

  • Residual Interests As specified in the Preliminary Statement.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Acquired Interests has the meaning set forth in the Recitals.

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Membership Interests has the meaning set forth in the recitals.

  • Subject Interests means Assignor’s undivided interests in the Subject Lands, as determined prior to giving effect to this Conveyance (or as may be made part of the Subject Interests pursuant to Section 3.1 or 3.2 of the Development Agreement), whether as lessee under leases, as an owner of the Subject Minerals (or the right to extract such Minerals) or otherwise, by virtue of which undivided interests Assignor has the right to conduct exploration, drilling, development and Mineral production operations on the Subject Lands, or to cause such operations to be conducted, or to participate in such operations by paying and bearing all or any part of the costs, risks and liabilities of such operations, to drill, test, complete, equip, operate and produce xxxxx to exploit the Minerals. The “Subject Interests” (a) may be owned by Assignor pursuant to leases, deeds, operating, pooling or unitization agreements, orders or any other instruments, agreements or documents, recorded or unrecorded, (b) include any and all extensions or renewals of leases covering the Subject Lands (or any portion thereof) obtained by Assignor, or any Affiliate thereof, within six (6) months after the expiration or termination of any such lease, and (c) are subject to the Permitted Encumbrances. For the avoidance of doubt, the “Subject Interests” do not include: (i) Assignor’s interests in the Excluded Assets; (ii) Assignor’s rights to substances other than Minerals; (iii) Assignor’s rights to Minerals (other than Assignee Minerals) under contracts for the purchase, sale, transportation, storage, processing or other handling or disposition of Minerals; (iv) Assignor’s interests in, or rights to Minerals (other than Assignee Minerals) held in pipelines, gathering systems, storage facilities, processing facilities or other equipment or facilities, other than Development Xxxxx; or (v) any additional or enlarged interests in the Development Xxxxx, Subject Lands or Subject Minerals acquired by Assignor after the Closing Time, except (1) to the extent any such additional or enlarged interest becomes a part of the Subject Interests by amendment to this Conveyance pursuant to Section 3.1 or 3.2 of the Development Agreement, (2) as may result from the operation of the terms of the instruments creating the Subject Interests, or (3) as may be reflected in extensions and renewals covered by the preceding sentence.

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Related interests means the interests of a coastal State directly affected or threatened by a wreck, such as:

  • LLC Interests shall have the meaning given to such term in Section 5.1.3.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Allocated interests means the following interests allocated to each unit:

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.