Common use of Maximum Secured Amount Clause in Contracts

Maximum Secured Amount. Pursuant to Kentucky Revised Statutes (“KRS”) 382.520, this Mortgage shall secure the payment of the Secured Debt in the original amount of $100,000,000, plus an additional amount up to $100,000,000, plus accrued interest and costs and fees.

Appears in 2 contracts

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

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Maximum Secured Amount. Pursuant to Kentucky Revised Statutes (“KRS”) 382.520, this Mortgage shall secure the payment of the Secured Debt in the original amount of $100,000,00050,000,000, plus an additional amount up to $100,000,00050,000,000, plus accrued interest and costs and fees. Mortgagor hereby irrevocably waives any and all rights to require Mortgagee to release the lien of this Mortgage as to any amount as provided in Section 382.520(2) of KRS.

Appears in 1 contract

Samples: Intercreditor Agreement (Armstrong Coal Company, Inc.)

Maximum Secured Amount. Pursuant to Kentucky Revised Statutes (“KRS) 382.520, this Mortgage shall secure the payment of the Secured Debt in the original amount of $100,000,00050,000,000, plus an additional amount up to $100,000,00050,000,000, plus accrued interest and costs and fees.

Appears in 1 contract

Samples: Security Agreement (Armstrong Energy, Inc.)

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Maximum Secured Amount. Pursuant to Kentucky Revised Statutes (“KRS”) 382.520, this Mortgage shall secure the payment of the Secured Debt in the original amount of $100,000,00050,000,000, plus an additional amount up to $100,000,00050,000,000, plus accrued interest and costs and fees.

Appears in 1 contract

Samples: Security Agreement (Armstrong Resource Partners, L.P.)

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