Personalty Collateral means all of Mortgagor’s interest now owned or hereafter acquired in and to (a) all Operating Equipment, (b) all Hydrocarbons severed and extracted from or attributable to the Oil and Gas Properties, including oil in tanks and all other “as-extracted” collateral from or attributable to the Oil and Gas Properties, (c) all accounts (including accounts resulting from the sale of Hydrocarbons at the wellhead), contract rights and general intangibles, including all accounts, contract rights and general intangibles now or hereafter arising regardless of whether any of the foregoing is in connection with the sale or other disposition of any Hydrocarbons or otherwise, including all Liens securing the same, (d) all accounts, contract rights and general intangibles now or hereafter arising regardless of whether any of the foregoing is in connection with or resulting from any of the Contracts, including all Liens securing the same, (e) all proceeds and products of the Realty Collateral and any other contracts or agreements, (f) all information concerning the Oil and Gas Properties and all xxxxx located thereon, including abstracts of title, title opinions, geological and geophysical information and logs, lease files, well files, and other books and records (including computerized records and data), (g) any deposit or time accounts with Mortgagee, the Collateral Agent the Administrative Agent or any Lender, including Mortgagor’s operating bank account and all funds and investments therein, (h) any options or rights of first refusal to acquire any Realty Collateral, and (i) all proceeds, products, renewals, increases, profits, substitutions, replacements, additions, amendments and accessions of, to or for any of the foregoing; provided that “Personalty Collateral” shall not include any Excluded Property.
Personalty Collateral means all of Grantor’s right, title and interest now owned or hereafter acquired in and to (a) all Operating Equipment, (b) all Hydrocarbons severed and extracted from or attributable to the Oil and Gas Properties, including oil in tanks and all other “as-extracted” collateral from or attributable to the Oil and Gas Properties, (c) all accounts (including accounts resulting from the sale of Hydrocarbons at the wellhead), contract rights and general intangibles, including all accounts, contract rights and general intangibles now or hereafter arising from any of the Contracts regardless of whether any of the foregoing is in connection with the sale or other disposition of any Hydrocarbons or otherwise, including all Liens securing the same, (d) all proceeds and products of the Realty Collateral and any other contracts or agreements relating to the Realty Collateral, (e) all information concerning the Oil and Gas Properties and all wells located thereon, including abstracts of title, title opinions, geological and geophysical information and logs, lease files, well files, and other books and records (including computerized records and data), (f) any deposit or time accounts with any Holder, including Grantor’s operating bank account and all funds and investments therein, (g) any options or rights of first refusal to acquire any Realty Collateral, and (h) all proceeds, products, renewals, increases, profits, substitutions, replacements, additions, amendments and accessions of, to or for any of the foregoing.
Personalty Collateral means any part of the Mortgaged Property constituting personal property or with respect to which the UCC governs the creation, attachment, and perfection of liens and security interests in such property, whether or not such property is exclusively considered “personal property” pursuant to any applicable Legal Requirement of any jurisdiction in which such property is located or pursuant to the Legal Requirements of which the character, constitution, or classification of such property may be determined.
Examples of Personalty Collateral in a sentence
Mortgagee may require Mortgagor to assemble the Personalty Collateral and make it available to Mortgagee at a place to be designated by Mortgagee which is reasonably convenient to both parties.
Mortgagee shall have the right to take possession of the Personalty Collateral, and for this purpose Mortgagee may enter upon any premises on which any or all of the Personalty Collateral is situated and, to the extent that Mortgagor could do so, take possession of and operate the Personalty Collateral or remove it therefrom.
The Personalty Collateral and Fixture Collateral in which Mortgagee has a security interest include goods which shall become fixtures on the Realty Collateral.
TO HAVE AND TO HOLD the Realty Collateral, the Fixture Collateral, and the Personalty Collateral unto Mortgagee and its successors, assigns or substitutes forever, together with all and singular the rights, hereditaments and appurtenances thereto in any way appertaining or belonging, to secure payment of the Obligations and the performance of the covenants of Mortgagor contained in this Mortgage and in the Finance Documents.
The term "Personalty Collateral" will mean "movable property" as that term is used in the Louisiana Civil Code.
More Definitions of Personalty Collateral
Personalty Collateral means all of Mortgagor's interest now owned or hereafter acquired in and to (a) all Operating Equipment, (b) all Hydrocarbons severed and extracted from or attributable to the Oil and Gas Properties, including oil in tanks and all other "as-extracted" collateral from or attributable to the Oil and Gas Properties, (c) all accounts (including accounts resulting from the sale of Hydrocarbons at the wellhead), contract rights and general intangibles, including all accounts, contract rights and general intangibles now or hereafter arising regardless of whether any of the foregoing is in connection with the sale or other disposition of any Hydrocarbons or otherwise, including all Liens securing the same, (d) all accounts, contract rights and general intangibles now or hereafter arising regardless of whether any of the foregoing is in connection with or resulting from any of the Contracts, including all Liens securing the same, (e) all proceeds and products of the Realty Collateral (as defined below) and any other contracts or agreements, (f) all information concerning the Oil and Gas Properties and all xxxxx located thereon, including abstracts of title, title opinions, geological and geophysical information and logs, lease files, well files, and other books and records (including computerized records and data), (g) any deposit or time accounts with any Credit Party, including Mortgagor's operating bank account and all funds and investments therein, (h) any options or rights of first refusal to acquire any Realty Collateral, and (i) all proceeds, products, renewals, increases, profits, substitutions, replacements, additions, amendments and accessions of, to or for any of the foregoing.
Personalty Collateral or “Fixture Collateral” and no Building or Manufactured (Mobile) Home is hereby encumbered
Personalty Collateral means all of Trustor’s interest now owned or hereafter acquired in and to: (i) all Products attributable to the Royalty Interests, (ii) all Production Sales Contracts, (iii) all Royalty Agreements, (iv) all Refinery Accounts, (v) the Debt Service Reserve Account, and (vi) all accounts, contract rights and general intangibles now existing or hereafter arising in connection with the exploration for, production, processing, treatment, storage, transportation, manufacture or sale of Products attributable to the Royalty Interests.
Personalty Collateral means all of Mortgagor's interest now owned or hereafter acquired in and to (i) all Operating Equipment, (ii) all Hydrocarbons severed and extracted from or attributable to the Oil and Gas Properties, including oil in tanks, (iii) all accounts (including, but not limited to, accounts resulting from the sale of Hydrocarbons at the wellhead), contract rights and general intangibles now or hereafter arising in connection with the sale or other disposition of any Hydrocarbons, (iv) all Contracts and all general intangibles now or hereafter arising in connection with or resulting from Contracts, (v) all proceeds and products of the Realty Collateral and/or Immovable Collateral, and (vi) all rents, issues, proceeds, products, renewals, increases, profits, substitutions, replacements, additions, amendments and accessions of, to or for all of the property described in this subparagraph.
Personalty Collateral means all of Mortgagor's interest in and to all Operating Equipment, all Hydrocarbons extracted from or attributable to the Oil and Gas Property, all Production Sale Contracts, and all rents, issues, profits, proceeds, products, revenues, and other income from or attributable to the preceding collateral.
Personalty Collateral means all of Mortgagor’s interest now owned or hereafter acquired in and to (a) all Operating Equipment, (b) all Hydrocarbons severed and extracted from or attributable to the Oil and Gas Properties, including oil in tanks and all other “as-extracted” collateral from or attributable to the Oil and Gas Properties, (c) all accounts (including accounts resulting from the sale of Hydrocarbons at the wellhead), contract rights, and general intangibles, now or hereafter arising in connection with the sale or other disposition of any such Hydrocarbons, including all security interests securing the same, (d) all proceeds and products of the Realty Collateral and any related Contracts or agreements, (e) all information concerning the Oil and Gas Properties and all xxxxx located thereon, including abstracts of title, title opinions, geological and geophysical information and logs (but excluding such data licensed by Mortgagor where such licenses prohibit or restrict encumbrance, pledge or assignment), lease files, well files, and other books and records (including computerized records and data), (f) all options or rights of first refusal to acquire any Realty Collateral, (g) all other accounts, Contracts, contract rights, and general intangibles now or hereafter arising in connection with any of the foregoing, and (h) all proceeds, products, renewals, increases, profits, substitutions, replacements, additions, amendments, and accessions of, to, or for any of the foregoing.
Personalty Collateral means all of Mortgagor's interest now owned or hereafter acquired in and to: (i) all Operating Equipment; (ii) all Hydrocarbons, whether or not extracted from or attributable to the Oil and Gas Property; (iii) all Production Sales Contracts; and (iv) all other personal property, movable and immovable, tangible or intangible, of whatsoever nature and kind, wherever located, including, without limitation, all accounts, contract rights, general intangibles, equipment, inventory, goods, chattel paper, permits, authorizations, seismic or other data, title information, title abstracts and maps, now owned or existing or hereafter acquired by Mortgagor or arising in connection with the conduct by Mortgagor of any activity on or relating to the Collateral, except that organizational, tax and other internal records, agreements or documents of the Mortgagor or any partner therein which are not related to or necessary for the ownership and operation of the Collateral and sale of Hydrocarbons are excluded from Personalty Collateral.