Coal Reserves definition

Coal Reserves means the coal reserves on, under and/or comprising the Assets, with such changes therein as occur in the Ordinary Course of Business.

Coal Reserves means the coal reserve estimates of the Company and its Subsidiaries as reported in the reserve studies listed on Section 1.1(a) of the Seller’s Disclosure Schedule.

Coal Reserves shall have the meaning set forth in Section 3.5 (b) hereof.

Examples of Coal Reserves in a sentence

• The information in the original ASX announcements that related to Coal Reserves, Mining, Coal Preparation, Infrastructure, Production Targets and Cost Estimation is based on, and fairly represents, information compiled or reviewed by Messrs.

• Lessor and Lessee acknowledge that, after the Date of Termination, it will be necessary to maintain the Xxx Ranch mine in which the Coal Reserves are located and from which the Coal Reserves are or may be produced.

• Lessor, through its agents, may enter upon the Coal Reserves at any time for the purpose of verifying the quantity of coal removed therefrom.

• Lessee’s obligations to conduct mining operations under this Lease shall be suspended in the event coal mining operations on the Coal Reserves are suspended or are prevented or prohibited by any event of force majeure.

• Lessor or its representatives at all reasonable times, and upon advance notice, shall have the right to enter the Coal Reserves for the purpose of inspecting the mine workings and premises or to make surveys of the workings in the Coal Reserves herein leased to determine the accuracy of Lessee’s surveys of such workings and to examine maps and engineering records of Lessee with reference to said surveys.

More Definitions of Coal Reserves

Coal Reserves means any and all coal reserves (expressly excluding inventory) which could be economically and legally extracted or produced at the time of determination for which: (a) quantity is computed from dimensions revealed in outcrops, trenches, workings or drill holes; grade and/or quality are computed from the results of detailed sampling and (b) the sites for inspection, sampling, and measurement are either: (i) spaced so closely and the geologic character is so well defined that size, shape, depth, and mineral content of coal reserves are well-established or (ii) farther apart or are otherwise less adequately spaced, and a degree of assurance, although lower than that for proved reserves as described in the preceding clause (i), is high enough to assume continuity between points of observation, in any case by available exploration data and which meet minimum industry accepted standards, and in any case wheresoever located and whether now owned or hereafter acquired by any Loan Party.

Coal Reserves has the meaning specified in Article II.

Coal Reserves shall have the meaning specified in Subsection ------------- 5.10.1(a) hereof.

Coal Reserves means the coal reserves that are jointly owned by NIMPA and the other Prairie State Project co-owners.

Coal Reserves means the estates, interests and mineral rights to approximately 50 million tons of recoverable coal reserves to be acquired by Borrower pursuant to the Coal Reserve Purchase Agreement, and, as the context requires, the land upon or within which such reserves are located, as more particularly described in the Coal Reserve Purchase Agreement.

Coal Reserves has the meaning set forth in Section 2.1(b).

Coal Reserves means, with respect to any tract or parcel of land and the seams of coal located therein, as applicable, all of the coal. “Code” means 26 U.S.C. § 1 et seq. “Collective Bargaining Agreement” means any oral or written Contract or agreement with any collective bargaining representatives, employee representative, trade or labor or management organization or union, group of employees, or works councils or similar representative bodies, including all national or sector specific collective agreements which are applicable to any employees, and any modifications of, or amendments to, such Contract or agreement and any rules, procedures, awards or decisions of competent jurisdiction interpreting or applying such Contract or agreement. “Confidentiality Agreement” means that certain Confidentiality Agreement dated October 26, 2020, by and between Coronado Coal Corporation and Ramaco Resources, LLC. “CONSOL 2016 Purchase Agreement” means that certain Membership Interest and Asset Purchase Agreement dated February 26, 2016, by and among CONSOL Energy Inc., et al., Consol Xxxxxxxx Mining Company LLC, now known as Xxxxxxxx Mining Company LLC, and Coronado IV LLC, as amended or otherwise modified. “CONSOL Amonate Assets” means the (i) CONSOL Amonate Owned Real Property (including the Option Real Property (as defined in the CONSOL 2016 Purchase Agreement)) and (ii) all other CONSOL Amonate Assets (as defined in the CONSOL 2016 Purchase Agreement), except, in each case, for the Outconveyed AEP Property. “CONSOL Amonate Owned Real Property” means, collectively, (i) the CONSOL Amonate Owned Real Property (as defined in the CONSOL 2016 Purchase Agreement) and (ii) the Option Assets (as defined in the CONSOL 2016 Purchase Agreement), except for the Outconveyed AEP Property. “CONSOL Corrective Deeds” means corrective deeds from the CONSOL Entities, as applicable, to Coronado IV, correcting the CONSOL Source Deeds, as necessary, such that all of the right, title and interest of the CONSOL Entities in and to all of the CONSOL Amonate Owned Real Property (including, without limitation, the Specified Surface Tracts and the Specified Coal Reserves) are properly conveyed to Coronado IV, as contemplated by the CONSOL 2016 Purchase Agreement and the CONSOL Option Documents. “CONSOL Entities” means CONSOL Energy Inc., CONSOL Amonate Mining Company LLC, CONSOL Amonate Facility LLC and their respective Affiliates. “CONSOL Option Documents” means, collectively, (i) that certain Option Agree...