Common use of Material Properties Clause in Contracts

Material Properties. The ▇▇▇▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇ Uranium Project located in New Mexico, the Crownpoint and Hosta Butte Uranium Project located in New Mexico and the ▇▇▇▇▇▇ Project located in Texas are the only properties which enCore currently considers to be “material” in which enCore has an interest and enCore (or one of the enCore Subsidiaries) is the absolute legal and beneficial owner of, and has good and marketable title to, the interests in the ▇▇▇▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇ Uranium Project, the Crownpoint and Hosta Butte Project and the ▇▇▇▇▇▇ Project or assets as described in the enCore Public Records, and except as disclosed in the enCore Disclosure Letter or enCore Public Records, such interests are free of all mortgages, liens, charges, pledges, security interests, encumbrances, claims or demands whatsoever and no other property rights are necessary for the conduct of the activities of enCore on the ▇▇▇▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇ Uranium Project, the Crownpoint and Hosta Butte Project and the ▇▇▇▇▇▇ Project as currently conducted, and enCore does not know of any claim or the basis for any claim that might or could materially adversely affect the right thereof to use, transfer or otherwise exploit such property rights and, except as disclosed in the enCore Disclosure Letter or enCore Public Records.