OR IN ITS FAVOUR (OTHER THAN A PROJECT ASSET) IS AND REMAINS AT ALL
TIMES THE SUBJECT OF A MINING TENEMENT SECURITY AND (2) IF ANY SUCH OBLIGOR
ACQUIRES, LEASES, LICENSES OR OTHERWISE OBTAINS ANY RIGHTS TO ANY ADDITIONAL
PROPERTY OR ASSET AFTER THE LISTING DATE (OTHER THAN US EXCLUDED PROPERTY), SUCH
OBLIGOR SHALL EXECUTE AND DELIVER TO THE SECURITY TRUSTEE FOR THE BENEFIT OF THE
BENEFICIARIES, THE TRANSACTION SECURITY DOCUMENTS REASONABLY NECESSARY, OR AS
THE AGENT MAY REASONABLY DEEM NECESSARY, TO GRANT FIRST PRIORITY PERFECTED
SECURITY AND SECURITY INTERESTS (SUBJECT ONLY TO PERMITTED SECURITY) IN AND TO
SUCH PROPERTY OR ASSET OF SUCH OBLIGOR, IN EACH CASE IN ACCORDANCE WITH THE
TERMS OF THE FINANCE DOCUMENTS.
(B)
WHENEVER THE AGENT OR THE SECURITY TRUSTEE REQUESTS AN OBLIGOR TO DO
ANYTHING: (I) TO ENSURE ANY FINANCE DOCUMENT (OR ANY SECURITY INTEREST (AS
DEFINED IN THE PPSA) OR OTHER SECURITY UNDER ANY FINANCE DOCUMENT) IS FULLY
EFFECTIVE, ENFORCEABLE AND PERFECTED WITH THE CONTEMPLATED PRIORITY; (II) FOR
MORE SATISFACTORILY ASSURING OR SECURING TO THE FINANCE PARTIES THE PROPERTY THE
SUBJECT OF ANY SUCH SECURITY INTEREST OR OTHER SECURITY IN A MANNER CONSISTENT
WITH THE FINANCE DOCUMENTS; OR (III) FOR AIDING THE EXERCISE OF ANY POWER IN ANY
FINANCE DOCUMENT, THE OBLIGOR SHALL DO IT PROMPTLY AT ITS OWN COST. THIS MAY
INCLUDE OBTAINING CONSENTS, SIGNING DOCUMENTS, GETTING DOCUMENTS COMPLETED AND
SIGNED AND SUPPLYING INFORMATION, DELIVERING DOCUMENTS AND EVIDENCE OF TITLE AND
EXECUTED BLANK TRANSFERS, OR OTHERWISE GIVING POSSESSION OR CONTROL WITH RESPECT
TO ANY PROPERTY THE SUBJECT OF ANY SECURITY INTEREST OR SECURITY, AND/OR
EXECUTING, ENDORSING, ACKNOWLEDGING, FILING OR DELIVERING TO THE SECURITY
TRUSTEE, PROMPTLY, UPON THE REASONABLE REQUEST OF THE AGENT OR THE SECURITY
TRUSTEE, ANY DOCUMENT OR INSTRUMENT SUPPLEMENTAL TO OR CONFIRMATORY OF THE
TRANSACTION SECURITY DOCUMENTS, INCLUDING OPINIONS OF COUNSEL, OR OTHERWISE
DEEMED BY THE AGENT OR THE SECURITY TRUSTEE REASONABLY NECESSARY FOR THE
CONTINUED VALIDITY, PERFECTION (OR THE EQUIVALENT UNDER APPLICABLE AUSTRALIAN
LAW) AND PRIORITY OF THE TRANSACTION SECURITY COVERED THEREBY SUBJECT TO NO
OTHER SECURITY EXCEPT FOR PERMITTED SECURITY OR AS OTHERWISE PERMITTED BY THE
APPLICABLE TRANSACTION SECURITY DOCUMENT.
(C)
WITHOUT LIMITATION OF CLAUSE (A) OR (B) ABOVE, WITH RESPECT TO REAL
PROPERTY;
(I)
IF ANY OBLIGOR ACQUIRES, LEASES OR LICENSES ANY REAL PROPERTY AFTER THE
LISTING DATE, SUCH OBLIGOR SHALL PROMPTLY PROVIDE TO THE SECURITY TRUSTEE AND
AGENT
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NOTICE THEREOF WITH DETAILS AS TO SUCH REAL PROPERTY, AND WITHIN ONE HUNDRED
TWENTY (120) DAYS THEREAFTER (OR SUCH LONGER PERIOD AS MAY BE EXTENDED BY THE
AGENT IN ITS SOLE DISCRETION), SHALL WORK DILIGENTLY WITH THE SECURITY TRUSTEE
AND AGENT TO CONFIRM THAT ALL DOCUMENTATION HAS BEEN PREPARED, EXECUTED AND
DELIVERED (INCLUDING THIRD PARTY CONSENTS) WHICH IS NECESSARY TO GRANT A
FIRST-PRIORITY PERFECTED TRANSACTION SECURITY ON ALL SUCH REAL PROPERTY,
INCLUDING AS EXTRACTED MINERALS AND FIXTURES OF THE OBLIGORS IN CONNECTION WITH
SUCH REAL PROPERTY (OTHER THAN US EXCLUDED PROPERTY) IN FAVOR OF THE SECURITY
TRUSTEE, INCLUDING OPINIONS OF LOCAL COUNSEL IN EACH APPLICABLE JURISDICTION