Mortgages and Other Instruments. The transfer of the Property to BUYER does not violate any covenants or restrictions imposed on SELLER by any bank or other financial institution in connection with a mortgage or other instrument, and will not result in the creation or imposition of a lien on any portion of the Property.
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Sources: Purchase and Sale Agreement (Parsley Energy, Inc.), Share and Pipeline Purchase Agreement (Stone Energy Corp)
Mortgages and Other Instruments. The transfer of the Property Assets to BUYER Buyer does not violate any material covenants or restrictions imposed on SELLER Seller or the Assets by any bank or other financial institution in connection with a mortgage or other instrumentinstrument executed by, through or under Seller or its Affiliates, and will not result in the creation or imposition of a lien on any portion of the PropertyAssets pursuant to any such mortgage or other instrument executed by, through or under Seller or its Affiliates.
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