Perfecting Collateral Sample Clauses

Perfecting Collateral. Any obligation owed by the Borrower to the Bank arising under the ISDA Agreement shall (i) be deemed to be an advance against the line of credit established by the Credit Documents for the purpose of determining the amount of available credit remaining upon which the Borrower may draw, if any; and, (ii) upon notice to the Borrower by the Bank, shall also be deemed funds borrowed under the Credit Documents. Double Eagle Petroleum Co. S▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, President L▇▇▇▇▇ ▇▇▇▇▇, CFO