Titles, etc. Each Borrower and Guarantor has good and defensible title to all of its respective material assets, including without limitation, the Oil and Gas Properties and other Collateral, free and clear of all Liens or other encumbrances except Permitted Liens.
Appears in 2 contracts
Sources: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Parallel Petroleum Corp)
Titles, etc. Each Borrower and each Guarantor has have good and defensible title to all of its respective their material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each Borrower and each Guarantor has good and defensible title to all of its respective their material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each Borrower and Guarantor has each have good and defensible title to all of its respective material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Sources: Loan Agreement (Gothic Energy Corp)
Titles, etc. Each Borrower and each Guarantor has good and defensible title to all of its respective their material assets, including without limitation, the Oil and Gas Properties and other Collateral, free and clear of all Liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each Borrower and each Subsidiary Guarantor has have good and defensible title to all of its respective their material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each Borrower and Guarantor has good and defensible title to all ------------ of its respective material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Sources: Credit Agreement (3tec Energy Corp)
Titles, etc. Each Borrower and Guarantor has Guarantors have good and defensible title to all of its respective material their assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Sources: Senior Secured Loan Agreement (Southwest Royalties Holdings Inc)
Titles, etc. Each Borrower and each Guarantor has good and defensible title to all of its respective their material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each Borrower and Guarantor has each have good and defensible title to all of its respective material assets, including without limitation, the Oil and Gas Properties and other CollateralProperties, free and clear of all Liens liens or other encumbrances except Permitted Liens.
Appears in 1 contract