Mineral Interest Descriptions Sample Clauses

Mineral Interest Descriptions. The leasehold and mineral interests described in the applicable UCC-1 Financing Statements naming (a) Ramaco Resources, LLC, as debtor, and the Agent, as secured party, previously prepared by the Borrowers and delivered to Agent, for filing of record in the official records of Logan County, West Virginia, McDowell County, West Virginia, Wyoming County, West Virginia, Buchanan County, Virginia, and Tazewell County, Virginia, as applicable, constitute all of the leasehold and mineral interests of Ramaco Resources, LLC in counties from which Ramaco Resources, LLC presently extracts coal or other minerals, and (b) Ramaco Resources Land Holdings, LLC, as debtor, and the Agent, as secured party, previously prepared by the Borrowers and delivered to Agent, for filing of record in the official records of Tazwell County, Virginia, constitute all of the leasehold and mineral interests of Ramaco Resources Land Holdings, LLC in counties from which Ramaco Resources Land Holdings, LLC presently extracts coal or other minerals. The interests in the “as extracted collateral” of Xxxxx Coal LLC described in the applicable UCC-1 Financing Statements to be delivered pursuant to Section 8.3(b) naming (i) Xxxxx Coal LLC, as debtor, and the Agent, as secured party, prepared by the Borrowers and delivered to Agent, for filing of record in the official records of the Office of the Clerk of the County Commission of Raleigh County, West Virginia, and (ii) Xxxxx Coal LLC, as debtor, and the Agent, as secured party, prepared by the Borrowers and delivered to Agent, for filing of record in the official records of the Office of the Clerk of the County Commission of Wyoming County, West Virginia, constitute all of Xxxxx Coal LLC’s interests in “as extracted collateral” in counties from which Xxxxx Coal LLC presently extracts coal or other minerals. No Borrower other than Ramaco Resources, LLC, Ramaco Resources Land Holdings, LLC, and Xxxxx Coal LLC has any leasehold or mineral interests in any counties from which it presently extracts coal or other minerals. Not later than ten (10) days before any Borrower commences extraction of coal or other minerals from any property not described in the UCC-1 Financing Statements referenced in this Section 4.22, the applicable Borrower shall prepare and deliver to the Agent a UCC-1 Financing Statement naming such Borrower, as debtor, and the Agent, as secured party. Such UCC-1 Financing Statement shall describe such new property from which such Borro...
Sample 1
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Mineral Interest Descriptions. The leasehold and mineral interests described in the applicable UCC-1 Financing Statements naming Ramaco Resources, LLC, as debtor, and the Lender, as lender, previously prepared by the Borrowers and delivered to Lender, for filing of record in the official records of Xxxxx County, West Virginia, XxXxxxxx County, West Virginia, Wyoming County, West Virginia, Xxxxxxxx County, Virginia, and Tazewell County, Virginia, as applicable, constitute all of the leasehold and mineral interests of Ramaco Resources, LLC in such counties from which Ramaco Resources, LLC presently extracts coal or other minerals. No Borrower other than Ramaco Resources, LLC has any leasehold and mineral interests in such counties from which it presently extracts coal or other minerals. Not later than ten (10) days before Ramaco Resources LLC or any other Borrower commences extraction of coal or other minerals from any property not described in such UCC-1 Financing Statements, the applicable Borrower shall prepare and deliver to the Lender a UCC-1 Financing Statement naming such Borrower, as debtor, and the Lender, as lender. Such UCC-1 Financing Statement shall describe such new property from which such Borrower anticipates extraction of coal or other mineral interests, shall be in form sufficient for filing in the official records of the applicable county in which such new property sits, and shall be reasonably acceptable to the Lender.
Sample 1

Related to Mineral Interest Descriptions

  • Payment of Principal, Premium, if any, and Interest The Company covenants and agrees for the benefit of the Holders of the Securities that it will duly and punctually pay the principal of and any premium and interest (including any Additional Interest) on the Securities in accordance with the terms of the Securities and this Indenture.

  • Notice of Sales of Oil and Gas Properties In the event the Borrower or any Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Subsidiary in accordance with Section 9.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof requested by the Administrative Agent or any Lender.

  • Payment of Principal, Premium and Interest The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

  • Sales and Lease-Backs No Credit Party shall, nor shall it permit any of its Subsidiaries to, directly or indirectly, become or remain liable as lessee or as a guarantor or other surety with respect to any lease of any property (whether real, personal or mixed), whether now owned or hereafter acquired, which such Credit Party (a) has sold or transferred or is to sell or to transfer to any other Person (other than Holdings or any of its Subsidiaries), or (b) intends to use for substantially the same purpose as any other property which has been or is to be sold or transferred by such Credit Party to any Person (other than Holdings or any of its Subsidiaries) in connection with such lease.

  • Delivery of Earnings Statements to Security Holders The Company will make generally available to its security holders as soon as practicable, but not later than the first day of the fifteenth full calendar month following the Effective Date, an earnings statement (which need not be certified by independent public or independent certified public accountants unless required by the Act or the Regulations, but which shall satisfy the provisions of Rule 158(a) under Section 11(a) of the Act) covering a period of at least twelve consecutive months beginning after the Effective Date.

  • Non-Reliance on Company Estimates, Projections, Forecasts, Forward-Looking Statements and Business Plans In connection with the due diligence investigation of the Company by Parent and Merger Subsidiary, Parent and Merger Subsidiary have received and may continue to receive from the Company certain estimates, projections, forecasts and other forward-looking information, as well as certain business plan information, regarding the Company and its business and operations. Parent and Merger Subsidiary hereby acknowledge that there are uncertainties inherent in attempting to make such estimates, projections, forecasts and other forward-looking statements, as well as in such business plans, with which Parent and Merger Subsidiary are familiar, that Parent and Merger Subsidiary are taking full responsibility for making their own evaluation of the adequacy and accuracy of all estimates, projections, forecasts and other forward-looking information, as well as such business plans, so furnished to them (including the reasonableness of the assumptions underlying such estimates, projections, forecasts, forward-looking information or business plans), and that Parent and Merger Subsidiary will have no claim, right or obligation under this Agreement or otherwise (including under Article 9) against the Company or any of its Subsidiaries, or any of their respective Representatives, or any other Person, with respect thereto. Accordingly, Parent and Merger Subsidiary hereby acknowledge that none of the Company nor any of its Subsidiaries, nor any of their respective Representatives, nor any other Person, has made or is making any representation or warranty with respect to such estimates, projections, forecasts, forward-looking statements or business plans (including the reasonableness of the assumptions underlying such estimates, projections, forecasts, forward-looking statements or business plans).

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