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Case 1:20-bk-12043 Doc 465-1 Filed 10/09/20 Entered 10/09/20 14:01:47 Desc <br /> Exhibit 1 - Sale Agreement between certain Debtors and the Stalking Horse Bidder Page 19 of 207 <br /> "Priming Taxes" means all unpaid Taxes assessed on the Purchased Assets that are not <br /> permitted to be discharged in the Bankruptcy Cases and must be paid to transfer the Purchased <br /> Assets free and clear of any statutory senior priority lien on the Purchased Assets. <br /> "Professional" means any Person retained by the Sellers or the Committee in the <br /> Bankruptcy Cases pursuant to an Order of the Bankruptcy Court under Section 327, 363 or 1103 <br /> of the Bankruptcy Code, or any Person retained by the DIP Lenders or the Purchaser in <br /> connection with the Bankruptcy Cases. <br /> "Professional Fee Claims" means any administrative claim for the compensation of <br /> Professionals and the reimbursement of expenses incurred by such Professionals in connection <br /> with the Bankruptcy Cases through and including the Closing Date to the extent such fees and <br /> expenses have not been paid pursuant to an order of the Bankruptcy Court. To the extent the <br /> Bankruptcy Court denies or reduces by a Final Order any amount of a Professional's requested <br /> fees and expenses, then the amount by which such fees or expenses are reduced or denied shall <br /> reduce the applicable Professional Fee Claim. <br /> "Purchased Asset Group 6 Assets" means (i) the Purchased Colorado Property Assets <br /> and (ii) those certain assets of Sellers described as Taylorsville Reserve, Leesville Reserve, and <br /> McClane Canyon Reserve in Asset Group 6 of the Bidding Procedures Order. <br /> "Purchased Coal Inventory" means all coal inventory located on (or, to the extent in <br /> possession of Sellers at the Closing, mined or extracted from) the properties owned, leased or <br /> otherwise controlled by Sellers or all coal in transit or otherwise belonging to the Sellers, less the <br /> Castle Valley Coal Inventory and the Jewell Valley Coal Inventory to the extent purchased in a <br /> Complementary Transaction. <br /> "Purchased Colorado Property Assets" means the Colorado Property Assets (which for <br /> purposes of clarity does not include the McClane Canyon Reserve Assets). <br /> "Purchased Operations" means the operations of Sellers related to the CAM Mining <br /> Assets, Hopedale Mining Assets, the Bonded Colorado Property Assets, the Purchased Asset <br /> Group 6 Assets and Leesville Land. <br /> "Purchased Real Property" means the Owned Real Property, except for any Owned Real <br /> Property set forth in Schedule 2.2(f) as an Excluded Asset, and the Purchased Leased Real <br /> Property. <br /> "Purchased Working Capital" means the Accounts Receivable and the Purchased Coal <br /> Inventory. <br /> "Purchaser Material Adverse Effect" means any event, change, effect, condition, state of <br /> facts or occurrence (regardless of whether such event, change, effect, condition, state of facts or <br /> 14 <br /> 4844-9981-3577v6 <br /> 4821-9091-9881.v1 <br />