Common use of No Impairment of the Security Interests Clause in Contracts

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

Appears in 4 contracts

Samples: Indenture (Comstock Oil & Gas, LP), Indenture (Comstock Oil & Gas, LP), Registration Rights Agreement (Comstock Oil & Gas, LP)

AutoNDA by SimpleDocs

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Pari Passu Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

Appears in 2 contracts

Samples: Indenture (Comstock Oil & Gas, LP), Supplemental Indenture (Comstock Oil & Gas, LP)

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Amended Indenture, the Collateral Trust and Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

Appears in 2 contracts

Samples: Supplemental Indenture, Indenture

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Collateral Trust and Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).

Appears in 1 contract

Samples: www.mesquite-energy.com

AutoNDA by SimpleDocs

No Impairment of the Security Interests. The Company shall not, and shall not permit any other Collateral Grantor to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the validity, perfection or priority of the security interests in the Collateral created by the Collateral Agreements (except as permitted in this Indenture, the Pari Passu Intercreditor Agreement or the other Collateral Agreements, including any action that would result in a Permitted Collateral Lien).. 95

Appears in 1 contract

Samples: Indenture (Comstock Oil & Gas GP, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.