Common use of No Impairment of Security Clause in Contracts

No Impairment of Security. To the extent allowed by applicable law, the lien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligations, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged Properties, or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligations.

Appears in 10 contracts

Samples: Mortgage With Power of Sale (Chesapeake Granite Wash Trust), Mortgage With Power of Sale (Chesapeake Granite Wash Trust), Mortgage With Power of Sale (Chesapeake Granite Wash Trust)

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No Impairment of Security. To the extent allowed by applicable law, the The lien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged PropertiesProperty (including without limitation Production Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 4 contracts

Samples: Energytec Inc, Credit Agreement (Chesapeake Energy Corp), Cheniere Energy Inc

No Impairment of Security. To the extent allowed by applicable law, the The lien, privilege, security interest and --------------------------- other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted granted, including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be maybe granted in respect of the Mortgaged PropertiesProperty (including without limitation Production Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 3 contracts

Samples: St Mary Land & Exploration Co, St Mary Land & Exploration Co, St Mary Land & Exploration Co

No Impairment of Security. To the extent allowed by applicable law, the The lien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted includinggranted, but not limited to, including any renewal, extension or modification which may be granted with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged PropertiesProperty (including Production Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 3 contracts

Samples: Hyperdynamics Corp, Pacific Energy Resources LTD, Pacific Energy Resources LTD

No Impairment of Security. To the extent allowed permitted by applicable law, the lien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged PropertiesProperty, or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 2 contracts

Samples: Quest Resource Corp, Quest Resource Corp

No Impairment of Security. To the extent allowed by applicable law, the lien, privilege, security interest privilege and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligations, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged Properties, or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligations.

Appears in 2 contracts

Samples: Deed of Trust (SandRidge Permian Trust), SandRidge Permian Trust

No Impairment of Security. To the extent allowed by applicable law, the lien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligations, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged PropertiesProperties (including Production Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligations.

Appears in 2 contracts

Samples: Term Conveyance (ECA Marcellus Trust I), ECA Marcellus Trust I

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No Impairment of Security. To the extent allowed by applicable law, the The lien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted granted, including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be maybe granted in respect of the Mortgaged PropertiesProperty (including, without limitation, Production Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 1 contract

Samples: St Mary Land & Exploration Co

No Impairment of Security. To the extent allowed by applicable lawany Requirement of Law, the lienLien, privilege, security interest and other security rights hereunder shall not be impaired by any indulgence, moratorium or release which may be granted including, but not limited to, any renewal, extension or modification which may be granted with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Mortgaged PropertiesProperty, or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 1 contract

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

No Impairment of Security. To the extent allowed by applicable law, the The lien, privilege, security interest and -------------------------- other security rights of Lender hereunder shall not be impaired by any indulgence, moratorium or release which may be granted by Lender including, but not BUT NOT limited to, any renewal, extension or modification which Lender may be granted grant with respect to any secured obligationsindebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which Lender may be granted grant in respect of the Mortgaged PropertiesProperty (including without limitation Proceeds), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured obligationsindebtedness.

Appears in 1 contract

Samples: Assignment, Security Agreement (Markwest Hydrocarbon Inc)

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