Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Mortgagee and the other Secured Parties to secure the Secured Obligations until the Secured Obligations have been paid as provided in Section 12.18(a) of the Credit Agreement.
Appears in 6 contracts
Samples: Sundance Energy Australia LTD, Sundance Energy Australia LTD, Sundance Energy Australia LTD
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Mortgagee and the other Other Secured Parties Persons to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been paid as provided in Section 12.18(a) of the Credit AgreementTermination Date.
Appears in 4 contracts
Samples: Credit Agreement (Talos Energy Inc.), Credit Agreement (Talos Energy Inc.), Credit Agreement (MBOW Four Star, L.L.C.)
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Mortgagee and the other Secured Parties to secure the Secured Obligations until the Secured Obligations have been paid as provided in Section 12.18(a) of the Credit AgreementObligations.
Appears in 2 contracts
Samples: Credit Agreement (Vine Resources Inc.), Credit Agreement (Vine Resources Inc.)
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Mortgagee and the other Secured Parties Persons to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been paid as provided in Release Date. This Section 12.18(a) 2.05 shall not be construed to nor grant any of the Credit AgreementSecured Persons the right to enforce the terms and provision of this Mortgage, such right being granted solely to the Mortgagee.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (SandRidge Mississippian Trust II), Mortgage and Security Agreement (SandRidge Mississippian Trust II)
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Mortgagee and the other Secured Parties to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been paid as provided in Section 12.18(a) of the Credit AgreementPayment In Full has occurred.
Appears in 1 contract
