Common use of Priority Security Interest Clause in Contracts

Priority Security Interest. The Collateral and Borrowing Base Properties shall be free and clear of all Liens, except Liens permitted by Section 7.2.

Appears in 1 contract

Sources: Credit Agreement (National Energy Group Inc)

Priority Security Interest. The Collateral and Borrowing Base Properties shall be free and clear of all Liens, except Liens permitted by Section 7.2SECTION 7.

Appears in 1 contract

Sources: Credit Agreement (Forest Oil Corp)