NO PROHIBITION ON PERFECTION OF SECURITY DOCUMENTS. None of the terms or provisions of any indenture, mortgage, deed of trust, agreement or other instrument to which the Borrower or any of its Subsidiaries is a party or by which the Borrower or any of its Subsidiaries or the property of the Borrower or any of its Subsidiaries is bound prohibit the filing or recordation of any of the Loan Documents or any other action which is necessary or appropriate in connection with the perfection of the Liens evidenced and created by any of the Loan Documents.
Appears in 5 contracts
Samples: Credit Agreement (Esenjay Exploration Inc), Credit Agreement (Future Petroleum Corp/Ut/), Credit Agreement (Esenjay Exploration Inc)
NO PROHIBITION ON PERFECTION OF SECURITY DOCUMENTS. None of the terms or provisions of any indenture, mortgage, deed of trust, agreement or other instrument to which the any Borrower or any of its Subsidiaries is a party or by which the any Borrower or any of its Subsidiaries or the property of the any Borrower or any of its Subsidiaries is bound prohibit the filing or recordation of any of the Loan Documents or any other action which is necessary or appropriate in connection with the perfection of the Liens evidenced and created by any of the Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (American Rivers Oil Co /De/), Credit Agreement (Alliance Resources PLC)
NO PROHIBITION ON PERFECTION OF SECURITY DOCUMENTS. None of the terms or provisions of any indenture, mortgage, deed of trust, agreement or other instrument to which the any Borrower or any of its Subsidiaries is a party or by which the any Borrower or any of its Subsidiaries or the property of the any Borrower or any of its Subsidiaries is bound prohibit the filing or recordation of any of the Loan Documents or any other action which is necessary or appropriate in connection with the perfection of the Liens evidenced and created by any of the Loan Documents.
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