Common use of Special Collateral Clause in Contracts

Special Collateral. No part of the portion of the Equipment consisting of gas compressors is or will become Fixtures. No other portion of the Goods is known by Grantor to be Fixtures, except possibly for pipelines (as to which Grantor does not so intend, but as to which no such representation is made). No part of the Goods is leased or held for lease by Grantor to others.

Appears in 2 contracts

Samples: Security Agreement (GMX Resources Inc), Security Agreement (GMX Resources Inc)

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Special Collateral. No part of the portion of the Equipment consisting of gas compressors is or will become Fixturesfixtures. No other portion of the Goods is known by Grantor to be Fixturesfixtures, except possibly for pipelines (as to which Grantor does not so intend, but as to which no such representation is made). No part of the Goods is leased or held for lease by the Grantor to others.

Appears in 2 contracts

Samples: Security Agreement (GMX Resources Inc), Security Agreement (GMX Resources Inc)

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