DEALINGS WITH CHARGED PROPERTY. Each Chargor covenants for the benefit of each Chargee that it will not: (a) (negative pledge) create a Security Interest or permit a Security Interest to subsist over any Charged Property except as permitted by clauses 10 and 11 of the Joint Venture Agreement; or (b) (no Disposal) Dispose of all or any of its Charged Property except in accordance with clause 1.5.
Appears in 2 contracts
Samples: Implementation Agreement (Rio Tinto LTD), Implementation Agreement (Rio Tinto LTD)
