Common use of Collateral Matters; Swap Agreements Clause in Contracts

Collateral Matters; Swap Agreements. The benefit of the Security Documents and of the provisions of this Agreement relating to the Collateral shall also extend to and be available to any counterparty to any Swap Agreements on a pro rata basis (subject to Section 2.18(b) hereof) in respect of any obligations of the Borrowers which arise under any Swap Agreement, provided that such counterparty is a Lender or an Affiliate of a Lender at the time such counterparty entered into such Swap Agreement. [END OF TEXT]

Appears in 3 contracts

Samples: Credit Agreement (Hiland Holdings GP, LP), Credit Agreement (Hiland Partners, LP), Credit Agreement (Hiland Partners, LP)

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Collateral Matters; Swap Agreements. The benefit of the Security Documents Instruments and of the provisions of this Agreement relating to any collateral securing the Collateral Indebtedness shall also extend to and be available to any counterparty to any Swap Agreements on a pro rata basis (subject to Section 2.18(b) hereof) in respect of any obligations of the Borrowers which arise Person under any Swap Agreement, provided that Agreement between the Borrower or any Restricted Subsidiary and such counterparty is a Lender or an Affiliate of a Lender at the time such counterparty entered into such Swap Agreement. [END OF TEXT]Person if either

Appears in 2 contracts

Samples: Senior Revolving Credit Agreement (Petrohawk Energy Corp), Senior Revolving Credit Agreement (Petrohawk Energy Corp)

Collateral Matters; Swap Agreements. The benefit of the Security Documents Instruments and of the provisions of this Agreement relating to any collateral securing the Collateral Indebtedness shall also extend to and be available to any counterparty to any Swap Agreements Agreement between the Borrower or any Subsidiary and a Lender or its Affiliates on a pro rata basis (subject to Section 2.18(b) hereof) in respect of any obligations of the Borrowers which arise under any Swap Agreement, provided that such counterparty is a Lender or an Affiliate of a Lender at the time such counterparty entered into such Swap Agreement. [END OF TEXT]Credit Parties.

Appears in 2 contracts

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

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Collateral Matters; Swap Agreements. The benefit of the Security Documents Instruments and of the provisions of this Agreement relating to any collateral securing the Collateral Indebtedness shall also extend to and be available to any counterparty to any Secured Swap Agreements Agreement on a pro rata basis (subject to Section 2.18(b) hereof) in respect of any obligations of the Borrowers which arise under any Swap Agreement, provided that such counterparty is a Lender or an Affiliate of a Lender at the time such counterparty entered into such Swap Agreement. [END OF TEXT]Credit Parties.

Appears in 1 contract

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

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