Additional Main Band Colliery Land Sample Clauses

Additional Main Band Colliery Land. The Second Owner and Developer covenant as follows:
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Additional Main Band Colliery Land. 3.1. The Council shall continue to hold the money obtained by the Council for the restoration of the main band colliery pursuant to the 1988 S33 Agreement (including interest accrued) in a bank account until:
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Additional Main Band Colliery Land the part of the former main band colliery located outside of the Site shown hatched dark pink on Plan 1 in the Second Owner’s land within titles CU45201 and CU209637 Aftercare Condition the condition(s)of the Planning Permission addressing the aftercare of the Site substantively in the form of Draft Condition 8 or such other condition or conditions dealing with the same or similar issues as Draft Condition H imposed by the Secretary of State addressing the aftercare of the Site or such condition varying or replacing it subsequent to the grant of the Planning Permission Aftercare Land all parts of the Site above ground shown shaded Green on Plan 1 Aftercare Period the total period of 10 years from the end of the Restoration Period or the issue of a certificate by the Council certifying that all required aftercare has been carried out to its reasonable satisfaction (whichever is the later) Aftercare Scheme the scheme and programme for the aftercare of the Aftercare Land approved pursuant to the Aftercare Condition AMC the Fourth Owner's mortgagee comprising the Agricultural Mortgage Corporation PLC (Company Registration Number: 00234742) whose registered office is situated at Charlton Place, Charlton Road, Andover, Hants, SP10 1RE AMC's Mortgage registered charges in favour of AMC dated 6 June 2008 and 24 December 2015 over part of the Site under title number CU99323 and a registered charge dated 24 December 2015 over part of the Site under title number CU255418 Annual Heritage Contribution the sum of £5,000 (five thousand pounds) Annual Index Payment an additional payment as Restoration Security calculated as follows: Annual index payment = A x (B/C) - A Where: A = the current total cumulative amount of all Restoration Securities B = the figure for the Index that applied immediately prior to the date of the current annual payment C = the figure for the Index that applied immediately prior to either: (a) in respect of the first Annual Index Payment, the start of the Preliminary Works; or (b) in respect of any subsequent Annual Index Payment, the date of the last annual payment that was made or the date of the Independent Surveyor’s final determination on the last Review (whichever is the later) If the Index has decreased in any given annual period the security from all Restoration Securities shall remain unchanged (without any decrease) Application the application referenced 4/17/9007 submitted to the Council Appropriate Contingency such reasonable contingen...
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