Grant and Mortgage Sample Clauses

Grant and Mortgage. Mortgagor, in order to secure the payment and performance of the secured obligations hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby GRANT, BARGAIN, SELL, ALIEN, CONVEY, TRANSFER, MORTGAGE, ASSIGN, WARRANT, PLEDGE, HYPOTHECATE and CONFIRM to Mortgagee, its successors and assigns, the following described rights, titles, interests, properties and estates of Mortgagor (sometimes hereinafter collectively referred to as the “Mortgaged Properties”): all of Mortgagor’s right, title, interest and estate in, to and under the oil, gas or other mineral leases described in Exhibit A attached hereto and made a part hereof (the “Leases”); insofar as and only insofar as such Leases cover and pertain to the Target Formation, including such rights in and under the Leases as may be necessary to drill to, complete in and produce and market crude oil, natural gas and natural gas liquids (collectively, “Hydrocarbons”) from the Target Formation; but specifically excluding, however, all of Mortgagor’s rights, title, and interests in and to (i) any oil, gas, water supply, saltwater disposal or other well of any nature whatsoever now or hereafter located on the Subject Lands (including, but not limited to, those which are producing from, injecting into, or otherwise being operated with regard to the Target Formation) at the time of or prior to a foreclosure sale of the Mortgaged Properties, including, without limitation any Development Xxxxx (each a “Well” and collectively, the “Xxxxx”) together with such corresponding rights (and only such rights) in and to the Leases pertaining to each such Well as are reasonably necessary for Mortgagor to own and operate such Well and to produce, store, treat, condition, process, compress, dehydrate, gather, transport or market Hydrocarbons produced from such Well, and dispose of saltwater or other substances produced therefrom (collectively, the “Wellbore Leasehold Rights”); and (ii) all personal property, fixtures and equipment in or on or acquired or used in connection with the ownership or operation of the Xxxxx or the production, storage, treating, conditioning, processing, compressing, dehydrating, gathering, transporting or marketing of Hydrocarbons produced from the Xxxxx, or the disposal of saltwater or other substances, produced therefrom. TO HAVE AND TO HOLD the Mortgaged Properties unto Mortgagee, and Mortgagee’s succes...
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Grant and Mortgage. CHESAPEAKE EXPLORATION LIMITED PARTNERSHIP (herein called "Mortgagor"), for and in consideration of the sum of Ten Dollars ($10.00) to Mortgagor in hand paid, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby (a) GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to Carx Xxxxxxxx, Xrustee (the "Trustee"), and grant to Trustee a POWER OF SALE (pursuant to this Mortgage and applicable law) with respect to, those of the following described properties, rights and interests which are located in (or cover properties located in) the state of Texas or which are located within (or cover properties located within) the offshore area over which the United States of America asserts jurisdiction and to which the laws of Texas are applicable with respect to this Mortgage and/or the liens or security interests created hereby (the "Deed of Trust Mortgaged Properties"), and (b) MORTGAGE, ASSIGN, WARRANT, PLEDGE AND HYPOTHECATE to Agent (as hereinafter defined in Section 1.3(a)), and grant to Agent a POWER OF SALE (pursuant to this Mortgage and applicable law) with respect to, all of the following described rights, interests and properties (including, without limitation, those located in (or cover properties located in) the states of Arkansas, Kansas, Montana, New Mexico, North Dakota and Oklahoma) which were not granted to Trustee in clause (a) above (the "Other Mortgaged Properties"):
Grant and Mortgage. Mortgagor, in order to secure the payment and performance of the secured obligations hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby GRANT, BARGAIN, SELL, ALIEN, CONVEY, TRANSFER, MORTGAGE, ASSIGN, WARRANT, PLEDGE, HYPOTHECATE and CONFIRM to Mortgagee, its successors and assigns, for the benefit of Mortgagee, with mortgage covenants, and upon the statutory mortgage condition for the breach of which this Mortgage may be subject to foreclosure as provided by applicable law, all of the following described rights, interests and properties, to the extent applicable and subject to the Conveyances, which are located in Xxxxxx County, Pennsylvania (the “Mortgaged Properties”):
Grant and Mortgage. Xxxxxxxxx, in order to secure the payment and performance of the secured obligations hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby MORTGAGE, WARRANT, PLEDGE, HYPOTHECATE and CONFIRM to Mortgagee, its successors and assigns, the following described rights, titles, interests, properties and estates of Mortgagor (sometimes hereinafter collectively referred to as the “Mortgaged Properties”):
Grant and Mortgage. PACIFIC ENERGY RESOURCES LTD., A DELAWARE CORPORATION (herein called "MORTGAGOR"), for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to CHICAGO TITLE COMPANY, a California corporation, Trustee (the "TRUSTEE"), IN TRUST for the benefit of X. Xxxx & Company, as Agent ("AGENT"), WITH POWER OF SALE (pursuant to this Mortgage and applicable law) the entirety of Mortgagor's interest in and to the following described properties, rights, and interests (the "MORTGAGED PROPERTIES"):
Grant and Mortgage. Mortgagor (upon and subject to all the terms, covenants, provisions, conditions and authorization set forth in the Original Mortgage, as amended hereby) does hereby (a) GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to Carx Xxxxxxxx, Xrustee (the "Trustee"), and grant to Trustee a POWER OF SALE (pursuant to the Mortgage and applicable law) with respect to, those of the following described properties, rights and interests which are located in (or cover properties located in) the state of Texas (the "Additional Deed of Trust Mortgaged Properties"), and (b) MORTGAGE, ASSIGN, WARRANT, PLEDGE and HYPOTHECATE to Agent, and grant to Agent a POWER OF SALE (pursuant to the Mortgage and applicable law) with respect to, all of the following described 240 rights, interests and properties which were not granted to Trustee in clause (a) above (the "Additional Other Mortgaged Properties")
Grant and Mortgage. In consideration of the moneys and credit advanced under the Loan Agreement for the benefit of Mortgagor, and in consideration of the mutual covenants contained herein, and for the purpose of securing payment and performance of the Secured Obligations (as defined below), Mortgagor does hereby GRANT, WARRANT, ASSIGN, PLEDGE, TRANSFER, CONVEY AND MORTGAGE to Mortgagee, with mortgage covenants (except for and subject to Permitted Liens and except as otherwise herein provided) and upon the statutory mortgage condition (except for and subject to Permitted Liens and except as otherwise herein provided) for the breach of which this Mortgage is subject to foreclosure as provided by law (provided, however, that, in the event of a conflict between the provisions of this Mortgage and the statutory mortgage condition and/or statutory mortgage covenants, the provisions of this Mortgage will prevail), all of Mortgagor’s right, title and interest in and to the following real and personal properties, rights and interests (collectively, the “Collateral”), whether presently owned or held or hereafter acquired:
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Grant and Mortgage. Mortgagor, for and in consideration of the sum of Ten Dollars ($10.00) to Mortgagor in hand paid, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby MORTGAGE, ASSIGN, WARRANT, PLEDGE AND HYPOTHECATE to DEUTSCHE BANK TRUST COMPANY AMERICAS, as Collateral Agent for the benefit of the Secured Parties (as defined in the Credit Agreement (hereinafter defined)) (in such capacity, together with its successors and assigns in such capacity, “Mortgagee”) the following described properties, rights and interests (the “Mortgaged Properties”):
Grant and Mortgage. Mortgagor, for the consideration and benefits described above and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in order to secure the payment and performance of the Secured Obligations (as herein defined), does hereby GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to Trustee, for the benefit of Mortgagee and grant to Trustee a POWER OF SALE (pursuant to this Deed of Trust and applicable law) with respect to, the following described properties, rights, and interests (“Mortgaged Properties”):;
Grant and Mortgage. This instrument is executed in connection with, and pursuant to the terms of the Credit Agreement (the "Credit Agreement") dated May 6, 2004 between Mortgagor, and Whitney National Bank, a national banking association (the "Lender"). Petroreal of Louisiana, L.L.C., a Louisiana limited liability company, whose principal place of business and mailing address is 400 Poydras Street, Suite 1100, Nex Xxxxxxx, Xxxxxxxxx 00000 (xxxxxx xxxxxx "Xxxxxxxxx"), xxx good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby MORTGAGE, ASSIGN, WARRANTY, PLEDGE and HYPOTHECATE to WHITNEY NATIONAL BANK, as Lender and grant to Lender a continuing security interest in (pursuant to this Mortgage and applicable law) with respect to, all of the following described rights, interests and properties:
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