Security Rights. In addition to any other security rights and remedies provided by law with respect to services rendered or materials and equipment furnished under this Agreement, OPERATOR shall have a first lien upon each PARTY'S PARTICIPATING and/or WORKING INTEREST, including the production and equipment credited thereto, in order to secure payment of charges against such PARTY, together with interest thereon at the rate set forth in Exhibit "C" or the maximum rate allowed by law, whichever is less, plus attorneys' fees, court costs and other related collection costs. If any PARTY does not pay such charges when due, OPERATOR shall have the additional right to collect from the purchaser the proceeds from the sale of such PARTY'S share of production until the amount owed has been paid. Each purchaser shall be entitled to rely on OPERATOR'S statement concerning the amount owed. Each NON-OPERATOR shall have comparable security rights on OPERATOR'S PARTICIPATING and/or WORKING INTEREST.
Security Rights. 6.1. The Customer hereby grants to IDN a lien or equivalent security interest in respect of all goods, documents and moneys which IDN holds or will hold in his possession whatever the reason and the purpose thereof may be, as against any party requiring their delivery to secure the Customer’s payment obligations hereunder with respect to such Shipment or any other Shipment. If the goods are forwarded on, IDN shall be entitled to collect the sum due on subsequent delivery or draw a xxxx therefore with the shipping documents annexed.
Security Rights. In addition to any other security rights and remedies provided by law with respect to services rendered or materials and equipment furnished under this Agreement, for and in consideration of the covenants and mutual undertakings of the Operator and the Non-Operators herein, the Parties shall have the following security rights:
Security Rights. If an Event of Default shall occur and be continuing, the Lender may enforce any and all rights available to it by law or in equity pursuant to the Security Interest granted hereunder with respect to the Collateral. Without limiting the rights available to the Lender pursuant to the foregoing sentence, the Lender shall have all rights and remedies available to creditors under the Uniform Commercial Code, as in effect from time to time in the State of New York.
Security Rights. 10.1 ING ComFin shall have a lien from or for the benefit of Client as set forth in the FSA, in the Agreement on stock financing and financing of acquisition of goods and in any other agreement between the Client and ING ComFin. AFV Xxxxxx ADJUSTED BY REQUEST OF CLIENT, 2009 / 1
Security Rights. Addressed in Exhibit “F” of this Agreement and is incorporated into this Agreement by this reference.
Security Rights. Each Party grants to each of the other Party (ies) a first lien upon all its right, title and interest in the Lease and a security interest in its share of oil and gas when extracted and its interest in all equipment and property, including fixtures located upon and/or used or useful in the production of oil and gas from the Lease. In order to perfect this lien, Operator is authorized to file this Agreement or a declaration thereof in the records of the appropriate county or parish and in the records of the U.S. Department of Interior, Bureau of Ocean Energy Management ("BOEM"). To the extent that a Party has a security interest under the Uniform Commercial Code ("UCC"), Operator is also authorized to file a financing statement in appropriate records and each Party shall be entitled to exercise the rights and remedies of a secured party under the UCC. The bringing of a suit and the obtaining of judgment by any Party for the secured indebtedness shall not be deemed an election of remedies or otherwise affect the rights or security interest for the payment thereof. The liability of each Party under the Joint Operating Agreement and the first lien and security interest granted hereby shall be limited (and no party shall be entitled to enforce the same against each Party for an amount exceeding) to the actual obligations and indebtedness (including all interest charges, costs, attorneys fees, and other charges provided for in this Joint Operating Agreement) outstanding and unpaid and that are attributable to or charged against the interest of such Party pursuant to this Joint Operating Agreement.
Security Rights. You agree not to terminate or cancel registration of your Airtel mobile phone number (MSISDN) when you have any Outstanding Amounts.
Security Rights. Lessor shall provide, at no cost to Lessee when occupancy begins; (1) a window latch one each window; (2) a doorknob lock or keyed dead bolt lock on each exterior door; (3) a pin lock, plus a security bar or door hand latch on each sliding glass door; and (4) a keyless bolting device (keyless dead bolt lock) and door viewer (peephole) on each exterior door. Lessee must make repair requests to Lessor of any faulty security device in writing. If Lessor fails to install or rekey security devices as required by this Section, Lessee has the right to do so and deduct the reasonable cost from the next rent payment due under the Lease. Lessor may require Lessee to pay in advance for repair or replacement of a security device if the repair or replacement is necessitated by misuse or damage by the tenant, a member of the tenant’s family, an occupant, or a guest, and not by normal wear and tear. Lessee must provide request or notice in writing to Lessor for any repair or replacement of security device(s). The Lessor at the Lessor’s expense is required to equip the dwelling, when the tenant takes possession, with the security devices described by Sections 92.153(a)(1)-(4) and (6), Texas Property Code; the landlord is not required to install a doorknob lock or keyed dead bolt at the landlord ’s expense if the exterior doors meet the requirements of Section 92.153(f), Texas Property Code; the landlord is not required to install a keyless bolting device at the landlord ’s expense on an exterior door if the landlord is expressly required or permitted to periodically check on the well-being or health of the tenant as provided by Section 92.153(e)(3), Texas Property Code; and the tenant has the right to install or rekey a security device required by this subchapter and deduct the reasonable cost from the tenant’s next rent payment, as provided by Section 92.164(a)(1), Texas Property Code. If Lessee vacates the premises in breach of a this written lease, Lessor may deduct from the Lessee's security deposit the reasonable cost incurred by the Lessor to rekey a security device required by law and as authorized by Section 92.156(e), Texas Property Code.
Security Rights. 4.1 The Parties agree on and agree to implement the procedure and steps set out in Sections 4.2 through 4.11 to enable Evonik to obtain one or more executory title(s) in respect of MEMC’s payment of the Settlement Amount (or any parts thereof) (not exceeding the Settlement Amount) that is (are) readily enforceable in Italy and the US and which shall serve as security to Evonik in respect of MEMC’s payment of the Settlement Amount. MEMC undertakes to comply with the provisions set forth in Sections 4.2 through 4.11 and to take such other reasonable actions, make such other statements and otherwise conduct themselves as required from time to time for Evonik to promptly obtain such readily enforceable executory title(s).
