Ratification of Security Documents. The Company, Agent and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations arising under or in connection with the Notes are Obligations and is secured indebtedness under, and is secured by, each and every Security Document to which the Company is a party. The Company hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company described as collateral in any Security Document.
Appears in 13 contracts
Samples: Credit Agreement (Plains Resources Inc), Credit Agreement (Plains Resources Inc), Credit Agreement (Plains Resources Inc)
Ratification of Security Documents. The Company, Agent and ---------------------------------- Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations arising under or in connection with the Notes are Obligations and is secured indebtedness under, and is secured by, each and every Security Document to which the Company is a party. The Company hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company described as collateral in any Security Document.
Appears in 4 contracts
Samples: Credit Agreement (Plains Resources Inc), Credit Agreement (Plains Resources Inc), Credit Agreement (Plains Resources Inc)
Ratification of Security Documents. The CompanyBorrower, Agent Administrative Agent, and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations obligations, arising under or in connection with the Notes LC Obligations or the Notes, are Obligations and is are secured indebtedness under, and is are secured by, each and every Security Document to which the Company is a partyDocument. The Company Borrower hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company Borrower described as collateral Collateral in any Security Document.
Appears in 4 contracts
Samples: Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains All American Pipeline Lp), Restated Credit Agreement (Plains All American Pipeline Lp)
Ratification of Security Documents. The CompanyRestricted Persons, Agent Administrative Agent, and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations arising under or in connection with the Notes are Obligations and is are secured indebtedness under, and is are secured by, each and every Security Document to which the Company any Restricted Person is a party. The Company Each Restricted Person hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company such Restricted Person described as collateral Collateral in any Security Document.
Appears in 2 contracts
Samples: Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains All American Pipeline Lp)
Ratification of Security Documents. The CompanyBorrower, Agent Administrative Agent, and Lenders each acknowledge acknowledges and agree agrees that any and all indebtedness, liabilities or obligations obligations, arising under or in connection with the Notes LC Obligations or the Notes, are Obligations and is are secured indebtedness under, and is are secured by, each and every Security Document to which the Company is a partyDocument. The Company Borrower hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company Borrower described as collateral Collateral in any Security Document.
Appears in 2 contracts
Samples: Second Restated Credit Agreement (Plains All American Pipeline Lp), Second Restated Credit Agreement (Plains All American Pipeline Lp)
Ratification of Security Documents. The CompanyBorrower, Agent Administrative Agent, and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations obligations, arising under or in connection with the Notes LC Obligations or the Notes, are Obligations and is are secured indebtedness under, are guarantied by, and is are secured by, each and every Security Document to which the Company is a partyDocument. The Company Borrower hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company Borrower described as collateral Collateral in any Security Document.
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