Covenants Regarding Specific Collateral. Each Grantor covenants and agrees with the Administrative Agent that from and after the date of this Security Agreement and until the Secured Obligations (including all Letter of Credit Obligations) are fully satisfied (other than contingent indemnification obligations), all Letters of Credit have terminated or expired, all obligations of the Issuing Bank and the Lenders in respect of Letters of Credit have terminated or expired and the Commitments have terminated or expired:
Appears in 2 contracts
Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)
Covenants Regarding Specific Collateral. Each Grantor covenants and agrees with the Administrative Agent that from and after the date of this Security Agreement and until the so long as any Secured Obligations (including all Letter of Credit Obligations) are fully satisfied Obligation (other than contingent indemnification obligations), all Letters of Credit have terminated obligations which are not due and payable and which by their terms survive the termination or expired, all obligations expiration of the Issuing Bank Credit Agreement and the Lenders in respect of Letters of other Credit have terminated or expired and the Commitments have terminated or expiredDocuments) shall remain unpaid:
Appears in 2 contracts
Samples: Security Agreement (Pioneer Energy Services Corp), Security Agreement (Pioneer Energy Services Corp)
