Realty Collateral definition

Realty Collateral means all of Mortgagor’s interest now owned or hereafter acquired in and to the Oil and Gas Properties, including any access rights, water and water rights, and all unsevered and unextracted Hydrocarbons (even though Mortgagor’s interest therein may be incorrectly described in, or a description of a part or all of such interest may be omitted from, Exhibit A); provided that “Realty Collateral” shall not include any Excluded Property.

Realty Collateral has the meaning set forth in the Mortgages.

Realty Collateral means any part of the Mortgaged Property constituting real property, whether or not such property is exclusively considered “real property” pursuant to any applicable Legal Requirement of any jurisdiction in which such property is located or pursuant to the Legal Requirements of which the character, constitution, or classification of such property may be determined.

Examples of Realty Collateral in a sentence

• To the extent that Mortgagor could do so, to collect, receive and receipt for all Hydrocarbons produced and sold from the Realty Collateral, to make repairs, to purchase machinery and equipment, to conduct workover operations, to drill additional wells, and to exercise every power, right and privilege of Mortgagor with respect to the Realty Collateral.

• All of the proceeds from the sale of Hydrocarbons produced from the Realty Collateral are being properly and timely paid to Mortgagor by the purchasers or other remitters of production proceeds without suspense.

• The Personalty Collateral and Fixture Collateral in which Mortgagee has a security interest include goods which shall become fixtures on the Realty Collateral.

• This Mortgage shall be filed in the mortgage records of the parish or parishes in the state in which any part of the Realty Collateral is located.

• TO HAVE AND TO HOLD the Realty Collateral, the Fixture Collateral, and the Personalty Collateral unto Mortgagee and its successors, assigns or substitutes forever, together with all and singular the rights, hereditaments and appurtenances thereto in any way appertaining or belonging, to secure payment of the Obligations and the performance of the covenants of Mortgagor contained in this Mortgage and in the Finance Documents.

More Definitions of Realty Collateral

Realty Collateral means all of Trustor’s interest in and to the Royalty Interests, including, but not limited to, the interests of Trustor described or specified in Parts I, II and III of Exhibit A hereto.

Realty Collateral means all of Mortgagor's interest now owned or hereafter acquired, legal or beneficial in and to the Oil and Gas Properties and all unsevered and unextracted Hydrocarbons (even though Mortgagor's interest therein be incorrectly described in, or a description of a part or all such interest be omitted from, Exhibit A).

Realty Collateral means all of Mortgagor’s interest, now owned or hereafter acquired, in and to the Oil and Gas Property. Other terms are defined hereafter in this Mortgage.

Realty Collateral all of the Borrower’s interest now owned or hereafter acquired in and to the Oil and Gas Properties, including any access rights, water and water rights, and all unsevered and unextracted Hydrocarbons.

Realty Collateral means all of Mortgagor's interest in axx xx xxx Oil and Gas Property, including, but not limited to, the interests of Mortgagor described or specified in Exhibit A hereto.

Realty Collateral means all of Trustor's interest, whether now owned or hereafter acquired with proceeds of the Loan, in and to the Royalty Interests, including, but not limited to, the interests of Trustor described or specified in Parts I and II of Exhibit A hereto. ------- -- ---------

Realty Collateral and collectively with the Personalty Collateral, the “Collateral”; all such liens on the Collateral, the “PBGC Lien”).