Common use of Power to Create Lien and Security Clause in Contracts

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 14 contracts

Samples: Mortgage (Progress Precision Inc.), Financing Agreement (Lakes Entertainment Inc), Progress Precision Inc.

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Power to Create Lien and Security. The Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever is required in connection with the execution and delivery by the Mortgagor of this Mortgage.

Appears in 6 contracts

Samples: Sundance Energy Australia LTD, Sundance Energy Australia LTD, Sundance Energy Australia LTD

Power to Create Lien and Security. The Mortgagor has has, in all material respects, full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage mortgage, and convey a Lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person party or parties whomsoever.

Appears in 2 contracts

Samples: Credit Agreement (Brigham Exploration Co), Security Agreement (Brigham Holdings Ii LLC)

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (Ascendia Brands, Inc.), Ascendia Brands, Inc.

Power to Create Lien and Security. The Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage with a power of sale and convey a Lien and security interest in all of the Mortgaged Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever is required in connection with the execution and delivery by the Mortgagor of this Mortgage.

Appears in 1 contract

Samples: Nacco Industries Inc

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Power to Create Lien and Security. The Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever that has not been obtained is required in connection with the execution and delivery by the Mortgagor of this Deed of Trust with respect to any material Collateral.

Appears in 1 contract

Samples: Prairie Operating Co.

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 1 contract

Samples: Joinder Agreement (Verso Corp)

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person (exclusive of the Senior Lienholder to the extent the Senior Lienholder has such rights under the Senior Mortgage) whomsoever.

Appears in 1 contract

Samples: Intercreditor Agreement (Angiotech Pharmaceuticals Inc)

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