Common use of Letters in Lieu of Transfer Orders or Division Orders Clause in Contracts

Letters in Lieu of Transfer Orders or Division Orders. Promptly upon request by the Agent at any time and from time to time, and without limitation on the rights of the Agent pursuant to the provisions of Section 2.22 and Section 2.23, execute such letters in lieu of transfer or division orders, in addition to the letters delivered to the Agent in satisfaction of the condition set forth in Section 3.1(f), as are necessary or appropriate to transfer and deliver to the Agent proceeds from or attributable to any Mortgaged Property.

Appears in 4 contracts

Sources: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Primeenergy Corp), Credit Agreement (Lucas Energy, Inc.)

Letters in Lieu of Transfer Orders or Division Orders. Promptly upon request by the Agent at any time and from time to time, and without limitation on the rights of the Agent pursuant to the provisions of Section 2.22 and Section 2.232.17, execute such letters in lieu of transfer or division orders, in addition to the letters delivered to the Agent in satisfaction of the condition set forth in Section 3.1(f)clause (f) of Article III, as are necessary or appropriate to transfer and deliver to the remittances of Agent proceeds from or attributable to any of the Mortgaged Property.

Appears in 2 contracts

Sources: Term Loan Agreement (Royale Energy Holdings, Inc.), Term Loan Agreement (Royale Energy Holdings, Inc.)

Letters in Lieu of Transfer Orders or Division Orders. Promptly upon request by the Agent at any time and from time to time, and without limitation on the rights of the Agent pursuant to the provisions of Section 2.22 and Section 2.232.17, execute such letters in lieu of transfer or division orders, in addition to the letters delivered to the Agent in satisfaction of the condition set forth in Section 3.1(f), orders as are necessary or appropriate to transfer and deliver to the remittances of Agent proceeds from or attributable to any of the Mortgaged Property.

Appears in 1 contract

Sources: Term Loan Agreement (Viking Energy Group, Inc.)

Letters in Lieu of Transfer Orders or Division Orders. Promptly upon request by the Administrative Agent at any time and from time to time, and without limitation on the rights of the Administrative Agent pursuant to the provisions of Section 2.22 2.8 and Section 2.23, 2.9 execute such letters in lieu of transfer or division orders, in addition to the letters delivered to the Agent in satisfaction of the condition set forth in Section 3.1(f), orders as are necessary or appropriate to transfer and deliver to the Collateral Agent proceeds from or attributable to any Mortgaged Property.

Appears in 1 contract

Sources: Credit Agreement (Gastar Exploration LTD)