Common use of Dedication of Reserves Clause in Contracts

Dedication of Reserves. Seller represents that it owns or has leased, and will dedicate and set aside for this Agreement, such quality and quantity of coal reserves at Seller’s Mines, as are required for full performance of Seller’s obligations hereunder. Seller represents and warrants that it has the legal right to mine and sell such coal reserves. Seller will not sell, nor contract to sell to others, coal from said reserves in such quantity as to jeopardize Seller’s ability to deliver the total quantity of coal Seller is obligated to deliver to Buyer under this Agreement.

Appears in 4 contracts

Samples: Coal Supply Agreement (Vectren Utility Holdings Inc), Coal Supply Agreement (Vectren Utility Holdings Inc), Coal Supply Agreement (Vectren Utility Holdings Inc)

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Dedication of Reserves. Seller represents that it owns owns, or has leased, and will dedicate and set aside for this Agreement, such quality and quantity of coal reserves at in Seller’s Mines's Mine, as are required for full performance of Seller’s 's obligations hereunder. Seller represents and warrants that it has the legal right to mine and sell such coal reserves. Seller will not sell, nor contract to sell to others, coal from said reserves in such quantity as to jeopardize Seller’s 's ability to deliver the total quantity of coal Seller is obligated to deliver to Buyer under this Agreement.

Appears in 1 contract

Samples: Coal Supply Agreement (Vectren Corp)

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