Mining Titles definition
Examples of Mining Titles in a sentence
All monies received or recovered by the Parallel Debt Agent in respect of the Parallel Debt or the enforcement or realisation of the Mining Titles Security, shall be paid to the Security Agent for application to the Lenders as set out herein.
The Security granted under the Mining Titles Security to the Parallel Debt Agent to secure the Parallel Debt is granted to the Parallel Debt Agent in its capacity as creditor of the Parallel Debt and shall not be held on trust.
A Parallel Debt Agent will not be obliged to transmit to its principal any confidential information or other information relating to any Party or the Mining Titles Security which the Parallel Debt Agent may have acquired otherwise than in its capacity as Parallel Debt Agent.
Once the Debt is indefeasibly paid in full to the Pledgee and the Continued Representation has permanently ceased, the pledge of the Mining Titles shall be released without the need of any action or guarantee by the Pledgee and shall be released by the Pledgee, all without recourse, representation or warranty whatsoever and at the Pledgor’s sole expense.
Chapter 1 refers to the Deeds (Hfice and chapter 2 refers to the office of the Registrar of Mining Titles.