Common use of Coal Act; Black Lung Act Clause in Contracts

Coal Act; Black Lung Act. To the extent applicable, the Borrower, its Subsidiaries and its "related persons" (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the Borrower, its Subsidiaries or its related persons has any liability under the Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change. The Loan Parties (other than Hallador) are in compliance in all material respects with the Black Lung Act, and none of the Loan Parties (other than Hallador) has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Petroleum Co)

AutoNDA by SimpleDocs

Coal Act; Black Lung Act. To the extent applicable, the each Borrower, its Subsidiaries each of the other Loan Parties and its "related persons" (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the BorrowerBorrowers, its Subsidiaries the other Loan Parties or its related persons has any liability under the Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change. The Each Borrower and the other Loan Parties (other than Hallador) are in compliance in all material respects with the Black Lung Act, and none of neither the Borrowers nor the other Loan Parties (other than Hallador) has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Armstrong Energy, Inc.), Credit Agreement (Armstrong Resource Partners, L.P.), Credit Agreement (Armstrong Energy, Inc.)

Coal Act; Black Lung Act. To the extent applicable, the Borrower, its Loan Parties and the Specified Excluded Subsidiaries and its "their “related persons" (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the BorrowerLoan Parties, its Specified Excluded Subsidiaries or its their respective related persons has any liability under the Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change. The Loan Parties (other than Hallador) are in compliance in all material respects with the Black Lung Act, and none of the Loan Parties (other than Hallador) has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co)

Coal Act; Black Lung Act. To the extent applicable, the Borrower, its Subsidiaries each of the other Loan Parties and its "related persons" (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the Borrower, its Subsidiaries the other Loan Parties or its related persons has any liability under the Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change. The Borrower and the other Loan Parties (other than Hallador) are in compliance in all material respects with the Black Lung Act, and none of neither the Borrower nor the other Loan Parties (other than Hallador) has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Armstrong Coal Company, Inc.), Credit Agreement (Armstrong Energy, Inc.)

AutoNDA by SimpleDocs

Coal Act; Black Lung Act. To the extent applicable, the Borrower, its Subsidiaries and its "related persons" (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the Borrower, its Subsidiaries or its related persons has any liability under the Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would could not reasonably be expected to result in a Material Adverse Change. The Loan Parties (other than Hallador) Borrower and its Subsidiaries are in compliance in all material respects with the Black Lung Act, and none of neither the Loan Parties (other than Hallador) Borrower nor its Subsidiaries has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Nacco Industries Inc), Revolving Credit Facility (Nacco Industries Inc)

Coal Act; Black Lung Act. To the extent applicable, the Borrower, its Subsidiaries and its "related persons" (as defined in the Coal Act) are in compliance in all material respects with the Coal Act and none of the Borrower, its Subsidiaries or its related persons has any liability under the Coal Act except with respect to premiums or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would could not reasonably be expected to result in a Material Adverse Change. The Loan Parties (other than Hallador) Borrower and its Subsidiaries are in compliance in all material respects with the Black Lung Act, and none of neither the Loan Parties (other than Hallador) Borrower nor its Subsidiaries has any liability under the Black Lung Act except with respect to premiums, contributions or other payments required thereunder which have been paid when due and except to the extent that the liability thereunder would could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Nacco Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!