Liens securing Non. Recourse Indebtedness; provided, however, that the related Non-Recourse Indebtedness shall not be secured by any property or assets of the Company or any Restricted Subsidiary other than the property and assets acquired by the Company with the proceeds of such Non-Recourse Indebtedness. Notwithstanding anything in clauses (a) through (w) of this definition, the term "Permitted Liens" does not include any Liens resulting from the creation, incurrence, issuance, assumption or guarantee of any Production Payments other than Production Payments that are created, incurred, issued, assumed or guaranteed in connection with the financing of, and within 30 days after, the acquisition of the properties or assets that are subject thereto.
Appears in 2 contracts
Samples: Indenture (Cross Timbers Oil Co), Indenture (Cross Timbers Oil Co)
Liens securing Non. Recourse Indebtedness; provided, however, that the related Non-Recourse Indebtedness shall not be secured by any property or assets Property of the Company or any Restricted Subsidiary other than the property and assets Property acquired by the Company with the proceeds of such Non-Recourse Indebtedness. ; Notwithstanding anything in clauses (a) through (w) of this definition, the term "Permitted Liens" does not include any Liens resulting from the creation, incurrence, issuance, assumption or guarantee of any Production Payments other than Production Payments that are created, incurred, issued, assumed or guaranteed in connection with the financing of, and within 30 days after, the acquisition of the properties or assets Properties that are subject thereto.
Appears in 1 contract
Samples: Indenture (Flores & Rucks Inc /De/)
Liens securing Non. Recourse Indebtedness; provided, however, that the related Non-Recourse Indebtedness shall not be secured by any property or assets Property of the Company or any Restricted Subsidiary other than the property and assets Property acquired by the Company with the proceeds of such Non-Recourse Indebtedness. Notwithstanding anything in clauses (a) through (w) of this definition, the term "Permitted Liens" does shall not include any Liens resulting from the creation, incurrence, issuance, assumption or guarantee of any Production Payments other than Production Payments that are created, incurred, issued, assumed or guaranteed in connection with the financing of, and within 30 days after, the acquisition of the properties or assets Properties that are subject thereto.
Appears in 1 contract
Samples: Indenture (KCS Energy Inc)