Common use of No Impairment of Security Clause in Contracts

No Impairment of Security. No lien, security interest or other security right hereunder shall be impaired by any indulgence, moratorium or release, or any renewal, extension or modification, with respect to any secured indebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Property (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 indebtedness.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.), Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.)

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No Impairment of Security. No The lien, security interest or and other security right rights hereunder shall not be impaired by any indulgence, moratorium or releaserelease which may be granted including, or but not limited to, any renewal, extension or modification, modification which may be granted with respect to any secured indebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Property (including Production Proceeds)Property, or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (Targa Resources Investments Inc.), Credit Agreement (Targa Resources Partners LP)

No Impairment of Security. No The lien, security interest or and other security right rights hereunder shall not be impaired by any indulgence, moratorium or releaserelease which may be granted, or including, but not limited to, any renewal, extension or modification, modification which may be granted with respect to any secured indebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Property (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 indebtedness.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co), Credit Agreement (International PetroReal Oil CORP)

No Impairment of Security. No The lien, security interest or and other security right rights hereunder shall not be impaired by any indulgence, moratorium or releaserelease which may be granted, or including any renewal, extension or modification, modification which may be granted with respect to any secured indebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Property (including Production Proceeds)Property, or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Uranium Resources Inc /De/)

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No Impairment of Security. No The lien, security interest or and other security right rights hereunder shall not be impaired by any indulgence, moratorium or releaserelease which may be granted, or including any renewal, extension or modification, modification which may be granted with respect to any secured indebtedness, or any surrender, compromise, release, renewal, extension, exchange or substitution which may be granted in respect of the Property (including Production ProceedsRents), or any part thereof or any interest therein, or any release or indulgence granted to any endorser, guarantor or surety of any secured indebtedness.

Appears in 1 contract

Samples: Deed of Trust, Assignment, Security Agreement, Fixture Filing and Financing Statement (Pacific Energy Resources LTD)

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