Common use of Assignment, Pledge and Grant of Security Interest Clause in Contracts

Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, and grants to the Administrative Agent for the benefit of the Secured Parties a lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now owned or hereafter existing or arising (collectively, the “Collateral”):

Appears in 2 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)

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Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor of the Grantors hereby assigns, pledges, and grants to the Administrative Agent Secured Party for the benefit of the Secured Credit Parties a lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2the following, whether now owned or owned, hereafter acquired by such Grantor and wherever located and whether now owned any Grantor, or hereafter existing or arising arising, and wherever located (collectively, the “Collateral”):

Appears in 2 contracts

Samples: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc)

Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor of the Grantors hereby assigns, pledges, and grants to the Administrative Agent Secured Party for the benefit of the Secured Credit Parties a lien on and continuing security interest in all of such Grantor’s 's right, title and interest in, to and under, all items described in this Section 2the following, whether now owned or owned, hereafter acquired by such Grantor and wherever located and whether now owned any Grantor, or hereafter existing or arising arising, and wherever located (collectively, the "Collateral"):

Appears in 2 contracts

Samples: Credit Agreement (Mariner Energy Inc), Credit Agreement (Mariner Energy Resources, Inc.)

Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, charges, and grants to the Administrative Agent for the ratable benefit of the Secured Parties a lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now owned or hereafter existing or arising (collectively, the “Collateral”):

Appears in 1 contract

Samples: Revolving Credit Agreement (Seahawk Drilling, Inc.)

Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, and grants to the Administrative Agent Secured Party for the benefit of the Secured Parties Beneficiaries a lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now owned or hereafter existing or arising (collectively, the “Collateral”):

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

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Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, and grants to the Administrative Agent for the benefit of the Secured Parties a lien on and continuing security interest in all of such Grantor’s 's right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now owned or hereafter existing or arising (collectively, the "Collateral"):

Appears in 1 contract

Samples: Credit Agreement (Triangle Petroleum Corp)

Assignment, Pledge and Grant of Security Interest. As collateral security for the prompt and complete payment and performance when due of all Secured Obligations, each Grantor hereby assigns, pledges, and grants to the Administrative Agent for the benefit of the Secured Parties a lien Lien on and continuing security interest in all of such Grantor’s right, title and interest in, to and under, all items described in this Section 2, whether now owned or hereafter acquired by such Grantor and wherever located and whether now owned or hereafter existing or arising (collectively, the “Collateral”):

Appears in 1 contract

Samples: Credit Agreement (Jagged Peak Energy Inc.)

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