Common use of Impairment of Security Interest Clause in Contracts

Impairment of Security Interest. Pledgor will not take or fail to take any action which would in any manner impair the enforceability of Pledgee's security interest in any Collateral.

Appears in 7 contracts

Sources: Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc)

Impairment of Security Interest. Pledgor will not take or fail to take any action which would in any manner impair the enforceability of Pledgee's ’s security interest in any Collateral.

Appears in 5 contracts

Sources: Pledge Agreement (Par Petroleum Corp/Co), Credit Agreement (Denbury Resources Inc), Credit Agreement (Chaparral Energy, Inc.)

Impairment of Security Interest. Pledgor will not take or fail to take any action which would in any manner impair the enforceability or priority of Pledgee's security interest in any Collateral.

Appears in 4 contracts

Sources: Pledge Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp)

Impairment of Security Interest. Pledgor will shall not take or fail to take any action which that would in any manner impair the value or enforceability of Pledgee's security interest in any Collateral.

Appears in 1 contract

Sources: Pledge and Security Agreement (Foreland Corp)

Impairment of Security Interest. Pledgor will not take or fail to take ------------------------------- any action which would in any manner impair the enforceability of Pledgee's security interest in any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Quicksilver Resources Inc)

Impairment of Security Interest. Pledgor will not take or fail to take any action which would in any manner impair the enforceability of Pledgee's ’s security interest in any CollateralCollateral for the ratable benefit of the Secured Parties.

Appears in 1 contract

Sources: Pledge Agreement (Par Petroleum Corp/Co)

Impairment of Security Interest. Pledgor will not take or fail to take any action which would in any manner impair the value or enforceability of Pledgee's security interest in any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (Canmax Inc /Wy/)