Security Instruments described on Exhibit E. In connection with the execution and delivery of the Security Instruments, the Administrative Agent shall be reasonably satisfied that the Liens under the Security Instruments will, upon the recording of the Security Instruments, be first priority, perfected Liens (subject only to Permitted Liens) on all Property purported to be pledged as Collateral pursuant to the Security Instruments.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (Rice Energy Inc.), Credit Agreement (Rice Energy Inc.)
Security Instruments described on Exhibit E. In connection with the execution and delivery of the Security Instruments, the Administrative Agent shall be reasonably satisfied that the Liens under the Security Instruments will, upon the recording of the Security InstrumentsDocuments, be first priority, perfected Liens (subject only to Permitted Liens) on all Property purported to be pledged as Collateral pursuant to the Security InstrumentsOil and Gas Properties subject thereto.
Appears in 1 contract
Samples: Credit Agreement (Rice Energy Inc.)