SECOND LIEN SECURITY AGREEMENTSecond Lien Security Agreement • June 27th, 2023 • Louisiana
Contract Type FiledJune 27th, 2023 JurisdictionTHIS SECOND LIEN SECURITY AGREEMENT (this “Agreement”) is made effective as of July <>, 2023 (the “Effective Date”) by Navitas Buckskin US, LLC, a Delaware limited liability company (“Debtor”), in favor of Strauss, Lazer Trust Company (1992) Ltd., as Trustee for the benefit of the Debenture Holders of the Series E Debentures issued pursuant to the NPLP Deed of Trust (each, as defined below) (in such capacity, “Secured Party”). Debtor hereby agrees with Secured Party as follows: