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Common use of Habendum Clause in Contracts

Habendum. The Holder shall have and hold the Mortgaged Property and the rights hereby conferred on the Holder for the use and purpose and with the powers and authorities herein expressed.

Appears in 3 contracts

Samples: Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Forest Oil Corp)

Habendum. The Holder shall have and hold the Mortgaged Property and the rights hereby conferred on the Holder for the use and purpose and with the powers and authorities herein expressedexpressed for the benefit of the Beneficiaries.

Appears in 1 contract

Samples: Credit Agreement (Nacg Finance LLC)

Habendum. The Holder shall have and hold the Mortgaged Property and the rights hereby conferred on the Holder for the use and purpose and with the powers and authorities herein expressed, for the benefit of the Beneficiaries.

Appears in 1 contract

Samples: Credit Agreement (Bellatrix Exploration Ltd.)