Common Contracts

DEBTOR-IN-POSSESSION CREDIT AGREEMENT

Debt Agreement • July 2nd, 2009 • New York

• Contract Type
  Debt Agreement
• Filed
  July 2nd, 2009
• Jurisdiction
  New York

This DEBTOR-IN-POSSESSION CREDIT AGREEMENT (this “Agreement”), dated as of July [●], 2009, is by and among NOVA BIOFUELS SENECA, LLC, a Delaware limited liability company and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (as defined below) (“Seneca”), NOVA BIOSOURCE FUELS, INC., a Nevada corporation and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (“Biosource Fuels”), BIOSOURCE AMERICA, INC., a Texas corporation and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (“Biosource America”), NOVA BIOSOURCE TECHNOLOGIES, LLC, a Texas limited liability company and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (“Technologies”), NOVA BIOFUELS CLINTON COUNTY, LLC, a Delaware limited liability company and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (“Clinton”) and NOVA BIOFUELS TRADE GROUP, LLC, a Delaware limited liability company and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (“Biofuels Trad