Common use of Application of Collateral Clause in Contracts

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Collateral pledged by any Grantor shall be applied by the Administrative Agent as set forth in Section 7.6 of the Credit Agreement.

Appears in 7 contracts

Samples: Security Agreement (Triangle Petroleum Corp), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Berry Petroleum Corp)

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Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by any Grantor the Pledgors shall be applied by the Administrative Agent as set forth in Section 7.6 7.06 of the Credit Agreement.

Appears in 7 contracts

Samples: Subordinated Credit Agreement (Cano Petroleum, Inc), Security Agreement (Cano Petroleum, Inc), Pledge and Security Agreement (CorEnergy Infrastructure Trust, Inc.)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Collateral pledged by any Grantor shall be applied by the Administrative Agent as set forth in Section 7.6 7.06 of the Credit Agreement.

Appears in 5 contracts

Samples: Credit Agreement (Three Forks, Inc.), Security Agreement (Cano Petroleum, Inc), Security Agreement (Cano Petroleum, Inc)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by any Grantor the Pledgors shall be applied by the Administrative Agent as set forth in Section 7.6 of the Credit Agreement.

Appears in 5 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Security Agreement (Triangle Petroleum Corp)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Senior Credit Agreement) upon all or any part of the Collateral pledged by any Grantor shall be applied by the Administrative Agent Collateral Trustee as set forth in Section 7.6 4.4 of the Credit Collateral Trust Agreement.

Appears in 3 contracts

Samples: Pledge Agreement (Cano Petroleum, Inc), Security Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by any Grantor shall be applied by the Administrative Agent as set forth in Section 7.6 7.06 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (MxEnergy Holdings Inc), Pledge Agreement (Total Gas & Electricity (PA) Inc)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Senior Credit Agreement) upon all or any part of the Collateral pledged by any Grantor shall be applied by the Administrative Agent as set forth in Section 7.6 7.06 of the Credit Agreement.

Appears in 2 contracts

Samples: Subordinated Security Agreement (Cano Petroleum, Inc), Subordinated Security Agreement (Cano Petroleum, Inc)

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Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreementsenior credit agreement) upon all or any part of the Collateral collateral pledged by any Grantor grantor shall be applied by the Administrative Agent administrative agent as set forth in Section 7.6 section 7.06 of the Credit Agreementcredit agreement.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Cano Petroleum, Inc)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Collateral pledged by any Grantor shall be applied by the Administrative Collateral Agent as in order set forth in Section 7.6 Clause 32.5 of the Revolving Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Pride International Inc)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Collateral pledged by any Grantor shall be applied by the Administrative Agent as set forth in Section 7.6 7.06 of the Credit Agreement. Section 12.

Appears in 1 contract

Samples: Security Agreement (ReoStar Energy CORP)

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