Common use of Assignment of Security Clause in Contracts

Assignment of Security. Mortgagor, for the same consideration, hereby grants to Mortgagee any and all rights of Mortgagor to Liens securing payment of proceeds from the sale of production from the Mortgaged Property.

Appears in 3 contracts

Samples: Mortgage, Security Agreement, Financing Statement and Assignment of Production (High Plains Gas, Inc.), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Primeenergy Corp), Mortgage, Deed of Trust, Security Agreement, Financing Statement and Assignment of Production (Primeenergy Corp)

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Assignment of Security. Mortgagor, for the same consideration, hereby grants to Mortgagee any and all rights of Mortgagor to Liens securing payment of proceeds from the sale of production from the Supplemental Mortgaged Property.

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

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