valid Encumbrances. (1) upon execution and delivery of a Security Document, that Security Document will be effective to create in favour of the Finance Parties, legal, valid and enforceable Encumbrances on, and security interests in, all right, title and interests of the relevant Transaction Party (as the case may be) in and to the property the subject of that Security Document and the proceeds of that property; and
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Samples: Facility Agreement (Bullfrog Gold Corp.), Facility Agreement (Ur-Energy Inc)
valid Encumbrances. (1) upon on execution and delivery of a Security DocumentSecurity, that Security Document will be effective to create in favour of the Finance Parties, Parties legal, valid and enforceable Encumbrances on, and security interests in, all right, title and interests of the relevant Transaction Party (as the case may be) in and to the property the subject of that Security Document and the proceeds of that property; and
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Samples: Apollo Gold Corp, Apollo Gold Corp
valid Encumbrances. (1) upon on execution and delivery of a Security DocumentSecurity, that Security Document will be effective to create in favour of the Finance Parties, subject to the reservations and assumptions set out the legal opinions described in clauses 2.1(m) and 9.1(g), legal, valid and enforceable Encumbrances on, and security interests in, all right, title and interests of the relevant Transaction Party (as the case may be) in and to the property the subject of that Security Document and the proceeds of that property; and
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valid Encumbrances. (1) upon execution and delivery of a Security Document, that Security Document will be effective to create in favour favor of the Finance Parties, legal, valid and enforceable Encumbrances on, and security interests in, all right, title and interests of the relevant Transaction Party (as the case may be) Borrower in and to the property the subject of that Security Document and the proceeds of that property; and
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Samples: Facility Agreement (Solitario Exploration & Royalty Corp.)
valid Encumbrances. (1) upon on execution and delivery of a Security DocumentSecurity, that Security Document will be effective to create in favour of the Finance Parties, Parties legal, valid and enforceable Encumbrances on, and security interests in, all right, title and interests of the relevant Transaction Party (as the case may be) in and to the property the subject of that Security Document and the proceeds of that property; and, in each case not subject to any Encumbrances, other than Permitted Encumbrances;
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valid Encumbrances. (1) upon on execution and delivery of a Security DocumentSecurity, that Security Document will be effective to create in favour of the Finance Parties, subject to the reservations and assumptions set out the legal opinions described in clauses 9.1(m) and 16.1(g), legal, valid and enforceable Encumbrances on, and security interests in, all right, title and interests of the relevant Transaction Party (as the case may be) in and to the property the subject of that Security Document and the proceeds of that property; and
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