Protection from Liens. Manager, solely in its capacity as Manager acting under this Agreement, shall not place any Liens on the assets, except for Permitted Encumbrances, or to the extent the Company directs Manager to do so or such liens or encumbrances arise as a result of any contract or agreement entered into or any action or inaction taken by the Manager at the direction or with the consent of the Company, such consent not to be unreasonably withheld, conditioned or delayed.
Appears in 3 contracts
Samples: Interim Investors Agreement, Management Services Agreement (Sanchez Energy Corp), Interim Investors Agreement (Sanchez Energy Corp)
Protection from Liens. Manager, solely in its capacity as Manager acting under this Agreement, shall not place any Liens on the assetsProperties, except for Permitted Encumbrances, or to the extent the Company Partnership directs Manager to do so or such liens or encumbrances arise as a result of any contract or agreement entered into or any action or inaction taken by the Manager at the direction or with the consent of the CompanyPartnership, such consent not to be unreasonably withheld, conditioned or delayed.
Appears in 3 contracts
Samples: Management Services Agreement (Sanchez Energy Corp), Securities Purchase Agreement (Sanchez Energy Corp), Securities Purchase Agreement (Sanchez Energy Corp)
