Common use of Application of Collateral Clause in Contracts

Application of Collateral. The proceeds of any sale, or other realization upon all or any part of the Collateral pledged by any Pledgor shall be applied by the Administrative Agent as set forth in Section 7.06 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

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Application of Collateral. The proceeds of any sale, or other realization upon all or any part of the Collateral pledged by any each Pledgor shall be applied by the Administrative Collateral Agent as set forth in Section 7.06 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Willbros Group Inc), Credit Agreement (Willbros Group Inc)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by any Pledgor the Pledgors shall be applied by the Administrative Agent as set forth in Section 7.06 7.6 of the Credit Agreement.. Exhibit H – Form of Pledge Agreement

Appears in 2 contracts

Samples: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by any Pledgor the Pledgors shall be applied by the Administrative Agent as set forth in Section 7.06 of the Credit Agreement. 5.06.

Appears in 1 contract

Samples: Pledge Agreement (ReoStar Energy CORP)

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Application of Collateral. The proceeds of any sale, or other realization upon all or any part of the Collateral pledged by any each Pledgor shall be applied by the Administrative Agent as set forth in Section 7.06 7.6 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Pioneer Energy Services Corp)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by any the Pledgor shall be applied by the Administrative Agent as set forth in Section 7.06 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

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