Pro Rata Benefit. This Deed of Trust is executed and granted for the pro rata benefit and security of the Mortgagee and the Other Secured Persons to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been Paid In Full In Cash.
Appears in 3 contracts
Samples: Credit Agreement, Collateral Agency Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Pro Rata Benefit. This Deed of Trust is executed and granted for the pro rata benefit and security of the Mortgagee and the Other Second-Out Secured Persons Parties to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been Paid In Full In Cashpaid in full and satisfied.
Appears in 2 contracts
Samples: Credit Agreement (California Resources Corp), Passu Intercreditor Agreement (California Resources Corp)
Pro Rata Benefit. This Deed of Trust is executed and granted for the pro rata benefit and security of the Mortgagee and the Other Secured Persons to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been Paid In Full In CashFacility Termination.
Appears in 1 contract
Pro Rata Benefit. This Deed of Trust is executed and granted for the pro rata benefit and security of the Mortgagee and the Other Second-Out Secured Persons Parties to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been Paid In Full In Cash.paid in full and satisfied. Signature Page CALIFORNIA RESOURCES CORPORATION - Fifth Amendment
Appears in 1 contract
Samples: Passu Intercreditor Agreement (California Resources Corp)
