Common Contracts

2 similar Business Loan Agreement (Asset Based) contracts by Mammoth Energy Partners LP

BUSINESS LOAN AGREEMENT (ASSET BASED)
Business Loan Agreement (Asset Based) • September 24th, 2014 • Mammoth Energy Partners LP • Oil & gas field services, nec

THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated October 7, 2013, is made and executed between Redback Energy Services LLC (“Borrower”) and Legacy Bank (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

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BUSINESS LOAN AGREEMENT (ASSET BASED)
Business Loan Agreement (Asset Based) • August 12th, 2014 • Mammoth Energy Partners LP • Oil & gas field services, nec

THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated October 7, 2013, is made and executed between Redback Energy Services LLC (“Borrower”) and Legacy Bank (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

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