Common use of Operation of Property by Mortgagee Clause in Contracts

Operation of Property by Mortgagee. Upon the occurrence and during the continuance of an Event of Default, and in addition to all other rights of Mortgagee, Mortgagee shall have the following rights and powers (but no obligation):

Appears in 9 contracts

Samples: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp), Credit Agreement (Jagged Peak Energy Inc.)

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Operation of Property by Mortgagee. Upon the occurrence and during the continuance of an any Event of Default, and in addition to all other rights of Mortgagee, Mortgagee shall have the following rights and powers (but no obligation):

Appears in 8 contracts

Samples: Credit Agreement (Holly Energy Partners Lp), Security Agreement (Holly Energy Partners Lp), Security Agreement (Callon Petroleum Co)

Operation of Property by Mortgagee. Upon the occurrence and during the continuance of an Event of Default, and in addition to all other rights of Mortgagee, Mortgagee shall have the following rights and powers (but no obligation):

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

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Operation of Property by Mortgagee. Upon the occurrence and during the continuance continuation of an Event of Default, and in addition to all other rights of Mortgagee, Mortgagee shall have the following rights and powers (but no obligation):) to the full extent not prohibited by applicable Governmental Requirement:

Appears in 1 contract

Samples: Second Lien Security Agreement

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