No Modification of Payment Obligations. Nothing herein contained shall modify or otherwise alter the obligation of Mortgagor to make prompt payment of all principal and interest owing on the Indebtedness when and as the same become due regardless of whether the proceeds of the Hydrocarbons are sufficient to pay the same and the rights provided in accordance with the foregoing assignment provision shall be cumulative of all other security of any and every character now or hereafter existing to secure payment of the Indebtedness.
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Samples: Collateral Security Agreement and Financing (Energy Hunter Resources, Inc.), Credit Agreement (Brigham Exploration Co), Subordinated Credit Agreement (Brigham Exploration Co)
No Modification of Payment Obligations. Nothing herein contained shall modify or otherwise alter the obligation of the Borrower, the other Obligor or the Mortgagor to make prompt payment of all principal and interest owing on the Indebtedness when and as the same become due regardless of whether the proceeds of the Hydrocarbons are sufficient to pay the same same, and the rights provided in accordance with the foregoing assignment provision shall be cumulative of all other security of any and every character now or hereafter existing to secure payment of the Indebtedness.
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No Modification of Payment Obligations. Nothing herein contained shall modify or otherwise alter alter, limit or modify the absolute obligation of Mortgagor to make prompt payment of all principal and interest owing on the Indebtedness secured obligations when and as the same become due regardless of whether the proceeds of the Hydrocarbons Production Proceeds are sufficient to pay the same and the rights provided in accordance with the foregoing assignment provision shall be cumulative of all other security of any and every character now or hereafter existing to secure payment of the Indebtednesssecured obligations.
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Samples: Term Conveyance (ECA Marcellus Trust I), ECA Marcellus Trust I
No Modification of Payment Obligations. Nothing herein contained shall modify or otherwise alter the obligation of Mortgagor to make prompt payment of all principal and interest owing on the Indebtedness when and as the same become due due, regardless of whether the proceeds of the Hydrocarbons are sufficient to pay the same same, and the rights provided in accordance with the foregoing assignment provision shall be cumulative of all other security of any and every character now or hereafter existing to secure payment of the Indebtedness.
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No Modification of Payment Obligations. Nothing herein contained shall modify or otherwise alter the obligation of the Mortgagor to make prompt payment of all principal and interest owing on the Indebtedness when and as the same become due regardless of whether the proceeds of the Hydrocarbons Rents herein assigned are sufficient to pay the same and the rights provided in accordance with the foregoing assignment provision shall be cumulative of all other security of any and every character now or hereafter existing to secure payment of the Indebtedness.
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