Common use of Pre-Approved Assignments Clause in Contracts

Pre-Approved Assignments. Each Party shall have the right without the prior consent of the others to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Appears in 8 contracts

Samples: Crude Oil Treating Agreement (Noble Midstream Partners LP), Agreement Terms and Conditions (Noble Midstream Partners LP), Agreement Terms and Conditions (Noble Midstream Partners LP)

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Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (ai) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (bii) make a transfer pursuant to any security interest arrangement described in (ai) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Appears in 5 contracts

Samples: Fresh Water Services Agreement (Noble Midstream Partners LP), Texas Agreement (Noble Midstream Partners LP), Texas Agreement (Noble Midstream Partners LP)

Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (ai) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (bii) make a transfer pursuant to any security interest arrangement described in clause (ai) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Appears in 4 contracts

Samples: Texas Agreement (Noble Midstream Partners LP), Gas Gathering and Compression Agreement (Noble Midstream Partners LP), Oil Gathering Agreement (Noble Midstream Partners LP)

Pre-Approved Assignments. Each Party shall have the right without the prior consent of the others other Party to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Appears in 2 contracts

Samples: Gas Gathering Agreement (Rosehill Resources Inc.), Oil Gathering Agreement (Rosehill Resources Inc.)

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Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in clause (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Appears in 1 contract

Samples: Produced Water Services Agreement (Noble Midstream Partners LP)

Pre-Approved Assignments. Each Either Party shall have the right without the prior consent of the others other to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Appears in 1 contract

Samples: Memorandum of Services Agreement (Noble Midstream Partners LP)

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