Common Contracts
2 similar Security Agreement contracts by Gibson Energy ULC
SECURITY AGREEMENT JOINDER AGREEMENTSecurity Agreement • April 29th, 2011 • Gibson Energy ULC • Oil & gas field services, nec • Alberta
This Joinder Agreement supplements the Security Agreement and is delivered by the undersigned, Gibson (U.S.) Holdco Corp. (the “New Obligor”), pursuant to Section 5.11 of the Security Agreement. The New Obligor hereby agrees to be bound as an Obligor party to the Security Agreement by all of the terms, covenants and conditions set forth in the Security Agreement to the same extent that it would have been bound if it had been a signatory Obligor to the Security Agreement on the date of the Security Agreement. Without limiting the generality of the foregoing, the New Obligor grants to the Collateral Agent, for the benefit of the Secured Creditors, a security interest in, and assigns, mortgages, charges, hypothecates and pledges to the Collateral Agent, for the benefit of the Secured Creditors, substantially all of the property of such New Obligor of the type and description set forth in Section 2.1 of the Security Agreement whether now owned or hereafter acquired. The New Obligor also ex
SECURITY AGREEMENT JOINDER AGREEMENTSecurity Agreement • April 29th, 2011 • Gibson Energy ULC • Oil & gas field services, nec • Alberta
This Joinder Agreement supplements the Security Agreement and is delivered by the undersigned, Gibson Finance Ltd. (the “New Obligor”), pursuant to Section 5.11 of the Security Agreement. The New Obligor hereby agrees to be bound as an Obligor party to the Security Agreement by all of the terms, covenants and conditions set forth in the Security Agreement to the same extent that it would have been bound if it had been a signatory Obligor to the Security Agreement on the date of the Security Agreement. Without limiting the generality of the foregoing, the New Obligor grants to the Collateral Agent, for the benefit of the Secured Creditors, a security interest in, and assigns, mortgages, charges, hypothecates and pledges to the Collateral Agent, for the benefit of the Secured Creditors, substantially all of the property of such New Obligor of the type and description set forth in Section 2.1 of the Security Agreement whether now owned or hereafter acquired. The New Obligor also expressly
