Common use of Authorization to Take Further Action Clause in Contracts

Authorization to Take Further Action. The New Subsidiary hereby authorizes the Administrative Agent to file such financing statements and any amendments and extensions thereof as may be necessary or desirable in order to perfect the Liens under the Security Agreement or any modification, extension or ratification thereof.

Appears in 5 contracts

Samples: Security Agreement and Guaranty Agreement (Magnum Hunter Resources Corp), Intercreditor Agreement (Magnum Hunter Resources Corp), Credit Agreement (Magnum Hunter Resources Corp)

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Authorization to Take Further Action. The New Subsidiary and the New Subsidiary Parent hereby authorizes authorize the Administrative Agent to file such financing statements and any amendments and extensions thereof as may be necessary or desirable in order to perfect the Liens under the Security Agreement or and any modification, extension or ratification thereof.

Appears in 1 contract

Samples: Credit Agreement (Dynamic Materials Corp)

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