{"component": "definition", "props": {"groups": [{"snippet": "means so-called \u201cfirst purchaser\u201d Lien, as defined in Texas Bus. & Com. Code Section 9.343, comparable laws of the state of Oklahoma, Kansas, Mississippi, Wyoming or New Mexico, or any other comparable law of any such jurisdiction or any other applicable jurisdiction.", "snippet_links": [{"key": "first-purchaser", "type": "definition", "offset": [17, 32]}, {"key": "in-texas", "type": "definition", "offset": [51, 59]}, {"key": "code-section", "type": "definition", "offset": [72, 84]}, {"key": "state-of", "type": "definition", "offset": [115, 123]}, {"key": "new-mexico", "type": "definition", "offset": [166, 176]}, {"key": "applicable-jurisdiction", "type": "definition", "offset": [244, 267]}], "size": 51, "samples": [{"hash": "eqnvoLQWQFX", "uri": "/contracts/eqnvoLQWQFX#first-purchaser-lien", "label": "Indenture (SemGroup Corp)", "score": 28.7207393646, "published": true}, {"hash": "2JiThmNtfmp", "uri": "https://www.sec.gov/Archives/edgar/data/1489136/000119312517090818/d334477dex41.htm", "label": "Indenture (SemGroup Corp)", "score": 19.2169742584, "published": false}, {"hash": "4UEi7DSu9YE", "uri": "https://www.sec.gov/Archives/edgar/data/1527622/000119312515191944/d927725dex41.htm", "label": "Indenture (Rose Rock Midstream, L.P.)", "score": 17.3744010925, "published": false}], "hash": "ecced44c5cf89b4cb35427df3343f484", "id": 1}, {"snippet": "means a statutory Lien created in connection with the sale and purchase of Petroleum Product, including the statutory Liens, if any, created under the laws of Texas, New Mexico, Wyoming, Kansas, Oklahoma, or any other state.", "snippet_links": [{"key": "lien-created", "type": "clause", "offset": [18, 30]}, {"key": "in-connection-with", "type": "clause", "offset": [31, 49]}, {"key": "sale-and-purchase-of", "type": "clause", "offset": [54, 74]}, {"key": "petroleum-product", "type": "definition", "offset": [75, 92]}, {"key": "statutory-liens", "type": "definition", "offset": [108, 123]}, {"key": "laws-of-texas", "type": "clause", "offset": [151, 164]}, {"key": "new-mexico", "type": "definition", "offset": [166, 176]}, {"key": "any-other-state", "type": "definition", "offset": [208, 223]}], "size": 7, "samples": [{"hash": "dSA9G6fEkDU", "uri": "/contracts/dSA9G6fEkDU#first-purchaser-lien", "label": "Credit Agreement (Alon USA Energy, Inc.)", "score": 21.2026004791, "published": true}, {"hash": "21TC9Ask4Pb", "uri": "/contracts/21TC9Ask4Pb#first-purchaser-lien", "label": "Credit Agreement (Alon Refining Krotz Springs, Inc.)", "score": 21.2026004791, "published": true}, {"hash": "hQOOzLsoEiP", "uri": "/contracts/hQOOzLsoEiP#first-purchaser-lien", "label": "Credit Agreement (Alon USA Energy, Inc.)", "score": 21.0, "published": true}], "hash": "db456b548bc54abcf4892889684148d0", "id": 2}, {"snippet": "means any security interest, whether or not evidenced by a filed financing statement, of any mineral interest owner against DCP or any Originator, which does or would represent a valid and enforceable first priority perfected security interest.", "snippet_links": [{"key": "financing-statement", "type": "definition", "offset": [65, 84]}, {"key": "mineral-interest-owner", "type": "definition", "offset": [93, 115]}, {"key": "valid-and-enforceable", "type": "clause", "offset": [179, 200]}, {"key": "first-priority-perfected-security-interest", "type": "clause", "offset": [201, 243]}], "size": 6, "samples": [{"hash": "aUltckcxzzX", "uri": "/contracts/aUltckcxzzX#first-purchaser-lien", "label": "Receivables Financing Agreement (DCP Midstream, LP)", "score": 33.8377838135, "published": true}, {"hash": "5ZRDLuEbaQh", "uri": "/contracts/5ZRDLuEbaQh#first-purchaser-lien", "label": "Receivables Financing Agreement (DCP Midstream, LP)", "score": 32.5893211365, "published": true}, {"hash": "1JCLeV0Nzkg", "uri": "/contracts/1JCLeV0Nzkg#first-purchaser-lien", "label": "Receivables Financing Agreement (DCP Midstream, LP)", "score": 32.5893211365, "published": true}], "hash": "5e58ba0f0dc3d76f5368f1be374e5f96", "id": 3}, {"snippet": "means all accounts and inventory which are subject to a Lien securing the obligations of a \u201cfirst purchaser\u201d of oil and gas production as provided in Texas Bus. & Com. Code Section 9.343, or any other similar law in any other jurisdiction, except for inventory which has been purchased by a Borrower or any of its Subsidiaries pursuant to a Letter of Credit issued pursuant to this Agreement.", "snippet_links": [{"key": "accounts-and-inventory", "type": "clause", "offset": [10, 32]}, {"key": "subject-to", "type": "definition", "offset": [43, 53]}, {"key": "obligations-of", "type": "clause", "offset": [74, 88]}, {"key": "first-purchaser", "type": "definition", "offset": [92, 107]}, {"key": "oil-and-gas-production", "type": "definition", "offset": [112, 134]}, {"key": "in-texas", "type": "definition", "offset": [147, 155]}, {"key": "code-section", "type": "definition", "offset": [168, 180]}, {"key": "similar-law", "type": "definition", "offset": [201, 212]}, {"key": "other-jurisdiction", "type": "definition", "offset": [220, 238]}, {"key": "a-letter-of-credit", "type": "definition", "offset": [339, 357]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [365, 391]}], "size": 5, "samples": [{"hash": "cLBrSJwTIfn", "uri": "/contracts/cLBrSJwTIfn#first-purchaser-lien", "label": "Credit Agreement (MxEnergy Holdings Inc)", "score": 21.0, "published": true}, {"hash": "7neA67hsMww", "uri": "/contracts/7neA67hsMww#first-purchaser-lien", "label": "Credit Agreement (Total Gas & Electricity (PA) Inc)", "score": 21.0, "published": true}, {"hash": "21C28oXVRsF", "uri": "/contracts/21C28oXVRsF#first-purchaser-lien", "label": "Credit Agreement (MxEnergy Holdings Inc)", "score": 21.0, "published": true}], "hash": "4d907e894d2b31ba34b3526305923ce7", "id": 4}, {"snippet": "has the meaning specified in the definition of \u201cBorrowing Base Advance Cap.\u201d", "snippet_links": [{"key": "the-definition-of", "type": "definition", "offset": [29, 46]}, {"key": "borrowing-base-advance-cap", "type": "definition", "offset": [48, 74]}], "size": 4, "samples": [{"hash": "hfxVoE1I7Cq", "uri": "/contracts/hfxVoE1I7Cq#first-purchaser-lien", "label": "Credit Agreement (Black Hills Corp /Sd/)", "score": 21.0, "published": true}, {"hash": "cJU7jSFKTja", "uri": "/contracts/cJU7jSFKTja#first-purchaser-lien", "label": "Credit Agreement (Black Hills Corp /Sd/)", "score": 21.0, "published": true}, {"hash": "9STYlTzs9a5", "uri": "/contracts/9STYlTzs9a5#first-purchaser-lien", "label": "Credit Agreement (Black Hills Corp /Sd/)", "score": 21.0, "published": true}], "hash": "86dc6943c2b862af36c4f355630a4e90", "id": 5}, {"snippet": "means a Lien as defined in the Texas Business & Commerce Code Section 9.343, or comparable laws of any other state.", "snippet_links": [{"key": "code-section", "type": "definition", "offset": [57, 69]}, {"key": "any-other-state", "type": "definition", "offset": [99, 114]}], "size": 3, "samples": [{"hash": "kBf1IdNQVov", "uri": "/contracts/kBf1IdNQVov#first-purchaser-lien", "label": "Credit Agreement", "score": 26.5961666107, "published": true}, {"hash": "4ijsPD2t5Es", "uri": "/contracts/4ijsPD2t5Es#first-purchaser-lien", "label": "Credit Agreement (JP Energy Partners LP)", "score": 25.3477077484, "published": true}], "hash": "d00e092a0b508e40bd5767e52d99b4c6", "id": 6}, {"snippet": "means, with respect to any Receivable that arises (in whole or in part) from an Originator\u2019s sale of oil, gas or other minerals for which such Originator was the first purchaser, (a) any Lien on such Receivable in favor of any owner or holder (or its assignees) of an interest in such oil, gas or other minerals, which Lien secures the obligations of the first purchaser of such oil, gas or other minerals, and (b) any Lien on such Receivable in favor of a Governmental Authority, which Lien secures the payment of royalties or taxes that are paid or required to be paid as a result of the first purchase of such oil, gas or other minerals. For the avoidance of doubt and as examples without limitation, Liens on Receivables that arise pursuant to Section 9-343 of the Texas UCC, Section 594.3 of the Oklahoma Oil and Gas Statute (52 OK Stat \u00a7 52-", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "sale-of", "type": "clause", "offset": [93, 100]}, {"key": "other-minerals", "type": "clause", "offset": [113, 127]}, {"key": "first-purchaser", "type": "definition", "offset": [162, 177]}, {"key": "in-favor-of", "type": "clause", "offset": [211, 222]}, {"key": "owner-or-holder", "type": "definition", "offset": [227, 242]}, {"key": "an-interest", "type": "clause", "offset": [265, 276]}, {"key": "obligations-of-the", "type": "clause", "offset": [336, 354]}, {"key": "governmental-authority", "type": "definition", "offset": [457, 479]}, {"key": "payment-of-royalties", "type": "clause", "offset": [504, 524]}, {"key": "purchase-of", "type": "clause", "offset": [596, 607]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [641, 667]}, {"key": "without-limitation", "type": "clause", "offset": [684, 702]}, {"key": "pursuant-to-section-9", "type": "clause", "offset": [736, 757]}, {"key": "texas-ucc", "type": "definition", "offset": [769, 778]}, {"key": "oil-and-gas", "type": "definition", "offset": [810, 821]}], "size": 2, "samples": [{"hash": "a5RJb65L3ne", "uri": "https://investors.enlink.com/sec-filings/all-sec-filings/content/0001104659-20-117026/0001104659-20-117026.pdf", "label": "investors.enlink.com", "score": 17.7770824432, "published": false}, {"hash": "leVtKwJkzwF", "uri": "https://investors.enlink.com/sec-filings/all-sec-filings/content/0001104659-20-117025/0001104659-20-117025.pdf", "label": "investors.enlink.com", "score": 11.4188909531, "published": false}], "hash": "7b44f905a90af6ad31311f012eed36d6", "id": 7}, {"snippet": "means, with respect to any Receivable that arises (in whole or in part) from an Originator\u2019s sale of oil, gas or other minerals for which such Originator was the first purchaser, (a) any Lien on such Receivable in favor of any owner or holder (or its assignees) of an interest in such oil, gas or other minerals, which Lien secures the obligations of the first purchaser of such oil, gas or other minerals, and (b) any Lien on such Receivable in favor of a Governmental Authority, which Lien secures the payment of royalties or taxes that are paid or required to be paid as a result of the first purchase of such oil, gas or other minerals. For the avoidance of doubt and as examples without limitation, Liens on Receivables that arise pursuant to Section 9-343 of the Texas UCC, Section 594.3 of the Oklahoma Oil and Gas Statute (52 OK Stat \u00a7 52-549.3 (2019)) or the New Mexico Oil and Gas Products Lien Act (NM Stat \u00a7\u00a748-9-1 \u2013 48-9-8 (2019)) shall constitute First Purchaser Liens.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "sale-of", "type": "clause", "offset": [93, 100]}, {"key": "other-minerals", "type": "clause", "offset": [113, 127]}, {"key": "in-favor-of", "type": "clause", "offset": [211, 222]}, {"key": "owner-or-holder", "type": "definition", "offset": [227, 242]}, {"key": "an-interest", "type": "clause", "offset": [265, 276]}, {"key": "obligations-of-the", "type": "clause", "offset": [336, 354]}, {"key": "governmental-authority", "type": "definition", "offset": [457, 479]}, {"key": "payment-of-royalties", "type": "clause", "offset": [504, 524]}, {"key": "purchase-of", "type": "clause", "offset": [596, 607]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [641, 667]}, {"key": "without-limitation", "type": "clause", "offset": [684, 702]}, {"key": "pursuant-to-section-9", "type": "clause", "offset": [736, 757]}, {"key": "texas-ucc", "type": "definition", "offset": [769, 778]}, {"key": "oil-and-gas", "type": "definition", "offset": [810, 821]}, {"key": "new-mexico", "type": "definition", "offset": [868, 878]}, {"key": "lien-act", "type": "definition", "offset": [900, 908]}, {"key": "first-purchaser-liens", "type": "clause", "offset": [961, 982]}], "size": 2, "samples": [{"hash": "k9kt3kfPtEA", "uri": "/contracts/k9kt3kfPtEA#first-purchaser-lien", "label": "Receivables Financing Agreement (EnLink Midstream, LLC)", "score": 31.8062973022, "published": true}, {"hash": "hfqEDCCycrn", "uri": "/contracts/hfqEDCCycrn#first-purchaser-lien", "label": "Receivables Financing Agreement (EnLink Midstream Partners, LP)", "score": 31.8062973022, "published": true}], "hash": "425dfbf12ef4e35eacd87478cafa9aef", "id": 8}, {"snippet": "means a \"Lien\" as so defined in Texas Bus. & Com. Code Section 9.343 or any comparable law.", "snippet_links": [{"key": "in-texas", "type": "definition", "offset": [29, 37]}, {"key": "code-section", "type": "definition", "offset": [50, 62]}], "size": 2, "samples": [{"hash": "gM5krXO32H4", "uri": "/contracts/gM5krXO32H4#first-purchaser-lien", "label": "Credit Agreement (Copano Energy, L.L.C.)", "score": 21.0, "published": true}, {"hash": "eFaq18Ah3VE", "uri": "/contracts/eFaq18Ah3VE#first-purchaser-lien", "label": "Credit Agreement (Copano Energy, L.L.C.)", "score": 21.0, "published": true}], "hash": "432d8bc91d6119d02346690c99e7d9c2", "id": 9}, {"snippet": "a so-called \u201cfirst purchaser\u201d Lien, as defined in Texas Bus. & Com. Code Section 9.343, comparable Laws of the states of North Dakota, Oklahoma, Kansas, Mississippi, Wyoming, Montana or New Mexico, or any other comparable Law of any such jurisdiction or any other applicable jurisdiction. \u201cFirst Purchaser Lien Amount\u201d: as of any date, in respect of any property of a Loan Party subject to a First Purchaser Lien, the aggregate amount of the obligations outstanding as of such date giving rise to such First Purchaser Lien, less any portion of such obligations that are secured or supported by a Letter of Credit. \u201cFiscal Year\u201d: with respect to any Person, such Person\u2019s fiscal year, which consists of a twelve (12) month period beginning on each January 1 and ending on each December 31. \u201cFloor\u201d: a rate of interest equal to 0.25%. \u201cForeign Lender\u201d: a Lender that is not a U.S. Person. \u201cForward Contract\u201d: as of any date of determination, a Commodity Contract with a delivery date or, with respect to a Commodity OTC Agreement, price settlement date, one day or later after such date of determination. \u201cForward Contract Counterparty\u201d: any counterparty to a Forward Contract of any Loan Party. \u201cFutures Contracts\u201d: contracts for making or taking delivery of Eligible Commodities that are traded on a market-recognized commodity exchange, which such contracts", "snippet_links": [{"key": "in-texas", "type": "definition", "offset": [47, 55]}, {"key": "code-section", "type": "definition", "offset": [68, 80]}, {"key": "north-dakota", "type": "definition", "offset": [121, 133]}, {"key": "new-mexico", "type": "definition", "offset": [186, 196]}, {"key": "applicable-jurisdiction", "type": "definition", "offset": [264, 287]}, {"key": "first-purchaser-lien-amount", "type": "definition", "offset": [290, 317]}, {"key": "in-respect-of", "type": "definition", "offset": [336, 349]}, {"key": "loan-party", "type": "definition", "offset": [368, 378]}, {"key": "subject-to", "type": "definition", "offset": [379, 389]}, {"key": "aggregate-amount", "type": "definition", "offset": [418, 434]}, {"key": "obligations-outstanding", "type": "clause", "offset": [442, 465]}, {"key": "a-letter-of-credit", "type": "definition", "offset": [594, 612]}, {"key": "fiscal-year", "type": "clause", "offset": [615, 626]}, {"key": "with-respect-to", "type": "clause", "offset": [629, 644]}, {"key": "any-person", "type": "definition", "offset": [645, 655]}, {"key": "beginning-on", "type": "clause", "offset": [729, 741]}, {"key": "rate-of-interest", "type": "definition", "offset": [800, 816]}, {"key": "equal-to", "type": "definition", "offset": [817, 825]}, {"key": "foreign-lender", "type": "clause", "offset": [834, 848]}, {"key": "a-lender", "type": "definition", "offset": [851, 859]}, {"key": "not-a-us", "type": "clause", "offset": [868, 877]}, {"key": "date-of-determination", "type": "definition", "offset": [917, 938]}, {"key": "commodity-contract", "type": "clause", "offset": [942, 960]}, {"key": "delivery-date", "type": "definition", "offset": [968, 981]}, {"key": "commodity-otc-agreement", "type": "definition", "offset": [1004, 1027]}, {"key": "settlement-date", "type": "definition", "offset": [1035, 1050]}, {"key": "forward-contract-counterparty", "type": "definition", "offset": [1104, 1133]}, {"key": "any-loan", "type": "clause", "offset": [1178, 1186]}, {"key": "futures-contracts", "type": "definition", "offset": [1195, 1212]}, {"key": "contracts-for", "type": "clause", "offset": [1215, 1228]}, {"key": "delivery-of", "type": "clause", "offset": [1246, 1257]}, {"key": "eligible-commodities", "type": "definition", "offset": [1258, 1278]}, {"key": "commodity-exchange", "type": "clause", "offset": [1318, 1336]}], "size": 2, "samples": [{"hash": "f0nhKL4h3tw", "uri": "/contracts/f0nhKL4h3tw#first-purchaser-lien", "label": "Credit Agreement (Sprague Resources LP)", "score": 30.6680355072, "published": true}], "hash": "27602f26a3abdf428bb6f8a2f6e99980", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIdZmlyc3QtcHVyY2hhc2VyLWxpZW4jMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "First Purchaser Lien", "snippet": "means so-called \u201cfirst purchaser\u201d Lien, as defined in Texas Bus. & Com. Code Section 9.343, comparable laws of the state of Oklahoma, Kansas, Mississippi, Wyoming or New Mexico, or any other comparable law of any such jurisdiction or any other applicable jurisdiction.", "size": 87, "id": "first-purchaser-lien", "examples": ["None of the Hydrocarbon Products owned or purchased by any Loan Party is subject to a <strong>First Purchaser Lien</strong> except as any Loan Party may have previously notified the Agent in writing and indicated on each Borrowing Base Certificate provided to the Lenders.", "None of the Petroleum Product owned or purchased by the Obligors is subject to a <strong>First Purchaser Lien</strong> except as the Obligors may have previously notified the Agent in accordance with Section 5.05(d).", "None of the Petroleum Product owned or purchased by the Borrower is subject to a <strong>First Purchaser Lien</strong> except as the Borrower may have previously notified the Agent in accordance with Section 5.3(k).", "Section 1.01 of the Financing Agreement is hereby amended by adding the following new definitions, in appropriate alphabetical order: &quot;&quot;Existing Term Loan Agreement&quot; means the Amended and Restated Credit Agreement, dated as of June 22, 2006, among the Parent, as borrower, the lenders party thereto and CS, as administrative agent, as in effect on the Effective Date.&quot; &quot;&quot;<strong>First Purchaser Lien</strong>&quot; means a so-called &quot;first purchaser&quot; Lien, as defined in Texas Bus.", "None of the Petroleum Product owned or purchased by Borrower is subject to a <strong>First Purchaser Lien</strong> except as Borrower may have previously notified Issuing Bank.", "None of the Petroleum Product owned or purchased by the Obligors is subject to a <strong>First Purchaser Lien</strong> except as the Obligors may have previously notified the Agent in accordance with Section 10.1.5(i).", "None of the Petroleum Product owned or purchased by the Obligated Parties is subject to a <strong>First Purchaser Lien</strong> except as the Obligated Parties may have previously notified the Agent in accordance with Section 5.3(k).", "As of the Effective Date, no Inventory or other Collateral is subject to a <strong>First Purchaser Lien</strong>.", "None of the Petroleum Product owned or purchased by the Obligors is subject to a <strong>First Purchaser Lien</strong> except as the Obligors may have previously notified the Agent in accordance with Section 10.1.5(h)."], "related": [["first-purchaser", "First purchaser", "First purchaser"], ["final-closing-indebtedness", "Final Closing Indebtedness", "Final Closing Indebtedness"], ["first-priority-lien", "First Priority Lien", "First Priority Lien"], ["priority-lien-secured-parties", "Priority Lien Secured Parties", "Priority Lien Secured Parties"], ["second-closing", "Second Closing", "Second Closing"]], "related_snippets": [], "updated": "2026-03-14T06:33:37+00:00"}, "json": true, "cursor": ""}}