Common Contracts
2 similar Revolver Loan Agreement contracts by Energy 11, L.P.
ContractRevolver Loan Agreement • May 5th, 2020 • Oklahoma
EX-10.6 2 ex10-6.htm EX-10.6 Exhibit 10.6 REVOLVER LOAN AGREEMENT Dated as of November 21, 2017 between ENERGY 11, L.P. AND ENERGY 11 OPERATING COMPANY, LLC COLLECTIVELY, “BORROWERS” AND BANK SNB “BANK” REVOLVER LOAN AGREEMENT THIS REVOLVER LOAN AGREEMENT, dated effective as of November 21, 2017, is entered into between ENERGY 11, L.P., a Delaware limited partnership (“ELP”), and Energy 11 Operating Company, LLC, a Delaware limited liability company (“ELLC” and together with ELP, collectively “Borrowers”, and each, a “Borrower”), and BANK SNB, an Oklahoma state banking corporation (the “Bank”). W I T N E S S E T H: WHEREAS, Borrowers have requested the Bank to establish a joint and several revolving line of credit facility in favor of Borrowers in the maximum principal amount of SEVENTY FIVE MILLION and NO/100 DOLLARS ($75,000,000.00) (the “Revolver Commitment”) until the Revolver Final Maturity Date to be evidenced by Borrowers’ Promissory Note (Revolver Note) payable to the order of
REVOLVER LOAN AGREEMENTRevolver Loan Agreement • November 22nd, 2017 • Energy 11, L.P. • Crude petroleum & natural gas • Oklahoma
THIS REVOLVER LOAN AGREEMENT, dated effective as of November 21, 2017, is entered into between ENERGY 11, L.P., a Delaware limited partnership (“ELP”), and Energy 11 Operating Company, LLC, a Delaware limited liability company (“ELLC” and together with ELP, collectively “Borrowers”, and each, a “Borrower”), and BANK SNB, an Oklahoma state banking corporation (the “Bank”).
