Common use of Collateral Matters; Swap Agreements Clause in Contracts

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi), no Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Diversified Energy Co PLC), Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Revolving Credit Agreement (Diversified Energy Co PLC)

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Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations Indebtedness shall also extend to and be available to the Secured Swap Providers Providers, subject to the limitations in respect the above definition of the Secured Swap Agreements as set forth hereinProvider”. Except as set forth in Section 12.02(b)(vi), no No Lender or any Affiliate of a Lender shall have any voting or consent rights under any Loan Document in its capacity as a Secured Swap Provider or as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 7 contracts

Samples: Credit Agreement (Permian Resources Corp), Credit Agreement (Centennial Resource Development, Inc.), Credit Agreement (Centennial Resource Development, Inc.)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi12.02(b)(v), no Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 7 contracts

Samples: Credit Agreement (Primeenergy Resources Corp), Credit Agreement (Rosehill Resources Inc.), Credit Agreement (Rosehill Resources Inc.)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral Collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi), no Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 4 contracts

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement (Lilis Energy, Inc.), Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp), Senior Secured Revolving Credit Agreement (Goodrich Petroleum Corp)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi), no No Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 4 contracts

Samples: Credit Agreement (Sundance Energy Inc.), Credit Agreement (Sundance Energy Inc.), Credit Agreement (Sundance Energy Inc.)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral Collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers and Banking Services Providers in respect of the Secured Swap Agreements as set forth hereinObligations and Banking Services Obligations. Except as set forth in Section 12.02(b)(vi9.02(b)(vi), no Lender or any Affiliate of a Lender Person shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Swap AgreementsObligations or any Banking Services Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Exco Resources Inc)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers Parties on a pro rata basis (but subject to the terms of the Loan Documents, including, without limitation, provisions thereof relating to the application and priority of payments to the Persons entitled thereto) in respect of the Secured Swap Agreements as set forth hereinObligations. Except as set forth in Section 12.02(b)(vi), no Lender or any Affiliate of a Lender No Secured Swap Party shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Swap AgreementsObligations.

Appears in 2 contracts

Samples: Credit Agreement (New Source Energy Partners L.P.), Credit Agreement (New Source Energy Partners L.P.)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured (in addition to Lenders and their Affiliates) any Lender’s Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi), no Designee and any Person which was a Lender or any Affiliate of a Lender when it entered into any Swap Agreement with the Borrowers or any of its Subsidiaries. No Approved Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 1 contract

Samples: Credit Agreement (Sanchez Energy Corp)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi12.02(b)(xi), no Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 1 contract

Samples: Credit Agreement (Rosehill Resources Inc.)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available on a pro rata basis to the any Secured Swap Providers Provider, in respect of the each case, after giving effect to all netting arrangements relating to any Secured Swap Agreements as set forth hereinbetween the Borrower or any other Loan Party and such Secured Swap Provider. Except as expressly set forth in Section 12.02(b)(vi)this Agreement, no Lender or any Affiliate of a Lender Person shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Swap Agreements.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)

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Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to Swap Counterparties to any Swap Agreement with the Secured Swap Providers Borrower or any of its Subsidiaries on a pro rata basis in respect of any obligations of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi), no Lender Borrower or any Affiliate of a Lender its Subsidiaries which arise under any such Swap Agreements. No Swap Counterparty shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers Parties (but subject to the terms of the Loan Documents, including provisions thereof relating to the application and priority of payments to the Persons entitled thereto) in respect of the any Secured Swap Agreements as set forth hereinObligations. Except as set forth expressly provided herein or in Section 12.02(b)(vi)the Swap Intercreditor Agreement, no Lender or any Affiliate of a Lender Secured Swap Party shall have any voting rights under any Loan Document as a result of the existence of obligations Secured Swap Obligations owed to it under any such Swap Agreementsit.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Northern Oil & Gas, Inc.)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations Indebtedness shall also extend to and be available to the Secured Swap Providers Parties on a pro rata basis (but subject to the terms of the Loan Documents, including, without limitation, provisions thereof relating to the application and priority of payments to the Persons entitled thereto) in respect of the any Secured Swap Agreements as set forth hereinObligations. Except as set forth in Section 12.02(b)(vi), no Lender or any Affiliate of a Lender No Secured Swap Party shall have any voting rights under any Loan Document Documents as a result of the existence of obligations Secured Swap Obligations owed to it under any such Swap Agreementsit.

Appears in 1 contract

Samples: Credit Agreement (Rex Energy Corp)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations Indebtedness shall also extend to to, and be available to as security for, obligations and amounts owed by the Borrower or any Subsidiary under any Secured Swap Providers in respect of the Secured Swap Agreements as set forth hereinAgreement. Except as set forth in Section 12.02(b)(vi), no No Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Secured Swap Agreements.

Appears in 1 contract

Samples: Credit Agreement (Kodiak Oil & Gas Corp)

Collateral Matters; Swap Agreements. The benefit of the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Secured Obligations shall also extend to and be available to the Secured Swap Providers in respect of the Secured Swap Agreements as set forth herein. Except as set forth in Section 12.02(b)(vi12.02(b)(ix), no Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

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