Common use of As Extracted Collateral and Fixtures Clause in Contracts

As Extracted Collateral and Fixtures. Portions of the Collateral consist of (a) oil, gas and other minerals produced or to be produced from the lands described in the Leases (as extracted collateral), or (b) goods which are or will become fixtures attached to the real estate constituting a portion of the Mortgaged Property, and Debtor hereby agrees that this instrument shall be filed in the real estate records of the Counties in which the Mortgaged Property is located as a financing statement to perfect the security interest of Secured Party in said portions of the Collateral. The said oil, gas and other minerals will be financed at the wellhead of the oil and gas xxxxx located on the lands described in the Leases. The name of the record owner of the Mortgaged Property is the party named herein as Xxxxxxxxx and Debtor. Nothing herein contained shall impair or limit the effectiveness of this document as a security agreement or financing statement for other purposes. THIS FINANCING STATEMENT MAY BE FILED AGAINST THE TRACT INDEX OF THE REAL PROPERTY RECORDS IN EACH COUNTY IN OKLAHOMA WHERE THE MORTGAGED PROPERTY IS LOCATED.

Appears in 2 contracts

Samples: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Mach Natural Resources Lp)

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As Extracted Collateral and Fixtures. Portions of the Collateral consist of (ai) oil, gas and other minerals produced or to be produced from the lands described in the Leases (as extracted collateral), or (bii) goods which are or will become fixtures attached to the real estate constituting a portion of the Mortgaged Property, and Debtor hereby agrees that this instrument shall be filed in the real estate records of the Counties in which the Mortgaged Property is located as a financing statement to perfect the security interest of Secured Party in said portions of the Collateral. The said oil, gas and other minerals will be financed at the wellhead of the oil and gas xxxxx located on the lands described in the Leases. The name of the record owner of the Mortgaged Property is the party named herein as Xxxxxxxxx Mortgagor and Debtor. Nothing herein contained shall impair or limit the effectiveness of this document as a security agreement or financing statement for other purposes. THIS FINANCING STATEMENT MAY BE FILED AGAINST THE TRACT INDEX OF THE REAL PROPERTY RECORDS IN EACH COUNTY IN OKLAHOMA WHERE THE MORTGAGED PROPERTY IS LOCATED.

Appears in 1 contract

Samples: Credit Agreement (Energy & Exploration Partners, Inc.)

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As Extracted Collateral and Fixtures. Portions of the Collateral consist of (a) oil, gas and other minerals produced or to be produced from the lands described in the Leases (as extracted collateral), or (b) goods which are or will become fixtures attached to the real estate constituting a portion of the Mortgaged Property, and Debtor hereby agrees that this instrument shall be filed in the real estate records of the Counties in which the Mortgaged Property is located as a financing statement to perfect the security interest of Secured Party in said portions of the Collateral. The said oil, gas and other minerals will be financed at the wellhead of the oil and gas xxxxx located on the lands described in the Leases. The name of the record owner of the Mortgaged Property is the party named herein as Xxxxxxxxx and Debtor. Nothing herein contained shall impair or limit the effectiveness of this document as a security agreement or financing statement for other purposes. THIS FINANCING STATEMENT MAY BE FILED AGAINST THE TRACT INDEX OF THE REAL PROPERTY RECORDS IN EACH COUNTY IN OKLAHOMA WHERE THE MORTGAGED PROPERTY IS LOCATED.

Appears in 1 contract

Samples: Credit Agreement (Mach Natural Resources Lp)

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