Assignment of Liens and Security Interests. For the same consideration and to further secure the Obligations, Mortgagor hereby assigns and conveys to Mortgagee for its benefit and the benefit of the other Credit Parties any security interests held by Mortgagor arising under, and any liens granted to the Mortgagor pursuant to, Title 12A of the Oklahoma Statutes (as amended from time to time).
Appears in 4 contracts
Samples: Security Agreement (Cano Petroleum, Inc), Subordinated Credit Agreement (Cano Petroleum, Inc), Pledge Agreement (Cano Petroleum, Inc)
Assignment of Liens and Security Interests. For the same consideration and to further secure the Obligations, Mortgagor hereby assigns and conveys to Mortgagee for its benefit and the benefit of the other Credit Parties any security interests held by Mortgagor arising under, and any liens granted to the Mortgagor pursuant to, the Uniform Commercial Code as in effect in Oklahoma, Title 12A of the Oklahoma Statutes (as amended from time to time).
Appears in 1 contract
Samples: Credit Agreement (Isramco Inc)