Common use of Secured Property Clause in Contracts

Secured Property. (1) there is no Encumbrance over any of its Secured Property, other than a Permitted Encumbrance or any Encumbrance disclosed to the Agent in the ▇▇▇▇▇▇▇ Title Reports; and (2) no person holds an interest in its Secured Property other than under a Permitted Encumbrance or any interest disclosed to the Agent in the ▇▇▇▇▇▇▇ Title Reports;

Appears in 2 contracts

Sources: Neutron Energy Facility Extension (Neutron Energy, Inc.), Facility Agreement (Neutron Energy, Inc.)

Secured Property. (1) there is no Encumbrance over any of its Secured Property, other than a Permitted Encumbrance or any Encumbrance disclosed to the Agent in the ▇▇▇▇▇▇▇ Title ReportsEncumbrance; and (2) no person holds an interest in its Secured Property other than under a Permitted Encumbrance or any interest disclosed to the Agent in the ▇▇▇▇▇▇▇ Title ReportsEncumbrance;

Appears in 2 contracts

Sources: Facility Agreement (Bullfrog Gold Corp.), Facility Agreement (Solitario Exploration & Royalty Corp.)

Secured Property. (1) there is no Encumbrance over any of its Secured Property, other than a Permitted Encumbrance or any Encumbrance disclosed to the Agent in the ▇▇▇▇▇▇▇ Title ReportsEncumbrance; and (2) no person holds an interest in its Secured Property other than under a Permitted Encumbrance or any interest disclosed to the Agent in the ▇▇▇▇▇▇▇ Title Reportsa Permitted Interest;

Appears in 1 contract

Sources: Facility Agreement (Ur-Energy Inc)