Common use of Application of Collateral Clause in Contracts

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 the Pledgors shall be applied by the Secured Party as set forth in Section 7.06 of the Credit Agreement.

Appears in 11 contracts

Sources: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Isramco Inc), Credit Agreement (Holly Energy Partners Lp)

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 the Pledgors shall be applied by the Secured Party Administrative Agent as set forth in Section 7.06 of the Credit Agreement.

Appears in 8 contracts

Sources: Pledge and Security Agreement (CorEnergy Infrastructure Trust, Inc.), Pledge and Security Agreement (CorEnergy Infrastructure Trust, Inc.), Credit Agreement (Cano Petroleum, 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 the Pledgors any Grantor shall be applied by the Secured Party as set forth in Section 7.06 of the Credit Agreement.

Appears in 7 contracts

Sources: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Isramco Inc), Credit Agreement (Holly Energy Partners Lp)

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 the Pledgors shall be applied by the Secured Party Administrative Agent as set forth in Section 7.06 7.6 of the Credit Agreement.

Appears in 7 contracts

Sources: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp), Credit Agreement (Jagged Peak Energy 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 the Pledgors shall be applied by the Secured Party as in the order set forth in in, and subject to the terms of, Section 7.06 of the Credit Agreement.

Appears in 4 contracts

Sources: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc), Credit Agreement (Mariner Energy 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 the Pledgors Pledgor shall be applied by the Secured Party as set forth in Section 7.06 of the Credit Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Brigham Exploration Co), Credit Agreement (Brigham Exploration Co)

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 the Pledgors each Pledgor shall be applied by the Secured Party Collateral Agent as set forth in Section 7.06 of the Credit Agreement.

Appears in 2 contracts

Sources: 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 the Pledgors Pledgor shall be applied by the Secured Party Administrative Agent as set forth in Section 7.06 of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Isramco 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 the Pledgors Pledgor shall be applied by the Secured Party as set forth in Section 7.06 of the Subordinated Credit Agreement.

Appears in 1 contract

Sources: Subordinated Credit Agreement (Brigham Exploration Co)

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 the Pledgors each Pledgor shall be applied by the Secured Party as set forth in Section 7.06 2.13(c) of the Credit Agreement.

Appears in 1 contract

Sources: Pledge Agreement (Cinedigm Corp.)