Abandonment Property definition

Abandonment Property has the meaning set out in Section 7(d).

Abandonment Property has the meaning given to it in Clause ‎6.13.

Abandonment Property has the meaning provided in Section 7.2(a);

Examples of Abandonment Property in a sentence

• On the last business day of each month, the ERS was required to transfer “[e]mployer [c]ontributions” to a designated Fiscal Agent, i.e., the Bank of New York Mellon, for deposit into a “[r]evenue [a]ccount,” by the next business day.

• At any time within 30 days of receipt of notice, the Seller may deliver notice to the Purchaser that the Seller desire the Purchaser to convey the Abandonment Property to the Seller.

• If the Seller do not request a reconveyance within the thirty (30) day period, the Sellers’ right to do so shall be terminated and the Purchaser may abandon or surrender the Abandonment Property.

• Legal Definition of Abandonment: Property over which the owner has voluntarily given up dominion and control with no intention of recovering it.

• If no settlement agreement is reached with respect to the treatment of an Abandonment Property after the good faith efforts of the Liquidation Trust and the environmental authorities, the Liquidation Trust may seek to abandon the property under, and subject to, the terms of Section IV.M.1.

More Definitions of Abandonment Property

Abandonment Property has the meaning set forth in Section 6(j).

Abandonment Property means, individually, (a) the St. Louis Property only if designated as a Terminated Property; (b) the Detroit Axle Property only if designated as a Terminated Property; (c) any Terminated Other Property only if such property has been designated as an Abandonment Property pursuant to the provisions of Section IV.O.2.e; and (d) any Environmental Response Trust Property designated as an Abandonment Property pursuant to the provisions of Section IV.O.2.c.

Abandonment Property has the meaning set out in Section 8.14. “Additional Term” has the meaning set out in Section 6.1(a).

Abandonment Property means, collectively, any real property interests, mineral claims, mineral or mining leases or mineral exploration licenses in respect of which an Obligor has determined, in accordance with prudent mining and business practices, that it is not economical to mine minerals therefrom and which such Obligor, accordingly, intends to abandon, surrender, relinquish or allow to lapse, whether by way of ceasing to maintain any Authorizations in respect thereof, or otherwise, provided that no part of the Material Brucejack Mine Real Property shall constitute “Abandonment Property” for the purposes of this Agreement.

Abandonment Property has the meaning set out in Section 8.7.

Abandonment Property has the meaning given to it in Section 10.1. “Acquiring Party” has the meaning given to it in Section 12.2.‌

Abandonment Property has the meaning given to it in Section 9.0. “Acquired Properties” has the meaning given to it in Section 5.2(d).‌