BETWEENLoan Agreement • March 27th, 1996 • Mallon Resources Corp • Crude petroleum & natural gas • Texas
UNLIMITED GUARANTY THIS UNLIMITED GUARANTY ("Guaranty") is made as of the 20th day of March, 1996, by Guarantor (as hereinafter defined) for the benefit of Bank (as hereinafter defined). 1. Definitions. As used in this Guaranty, the following terms...Unlimited Guaranty • March 27th, 1996 • Mallon Resources Corp • Crude petroleum & natural gas • Texas
ATTENTION ____________________ COUNTY CLERK: Recording requested by and when recorded mail to: BANK ONE, TEXAS, N.A. c/o Robert N. Rule, Jr., Esq. Locke Purnell Rain Harrell, P.C. 2200 Ross Avenue, Suite 2200 Dallas, Texas 75201 MORTGAGE, SECURITY...Mortgage, Security Agreement, Assignment of Production and Financing Statement • March 27th, 1996 • Mallon Resources Corp • Crude petroleum & natural gas
ADVANCE NOTE $2,000,000.00 Dallas, Texas March 20, 1996 FOR VALUE RECEIVED, the undersigned MALLON OIL COMPANY, a Colorado corporation (referred to herein as "Borrower") hereby unconditionally promises to pay to the order of BANK ONE, TEXAS, N.A., a...Advance Note • March 27th, 1996 • Mallon Resources Corp • Crude petroleum & natural gas
This Note is executed pursuant to that certain Loan Agreement dated of even date herewith between Borrower and Bank (the "Loan Agreement"), and is the Advance Note referred to therein. This Note is secured by certain Security Instruments (as such term is defined in the Loan Agreement) of even date herewith between Borrower and Bank. Reference is made to the Loan Agreement and the Security Instruments for a statement of prepayment, rights and obligations of Borrower, description of the properties mortgaged and assigned, the nature and extent of such security and the rights of the parties under the Security Instruments in respect to such security and for a statement of the terms and conditions under which the due date of this Note may be accelerated. Upon the occurrence of an Event of Default, as that term is defined in the Loan Agreement and Security Instruments, the holder hereof (i) may declare forthwith to be entirely and immediately due and payable the principal balance hereof and t
REVOLVING NOTE $35,000,000.00 Dallas, Texas March 20, 1996 FOR VALUE RECEIVED, the undersigned MALLON OIL COMPANY, a Colorado corporation (referred to herein as "Borrower") hereby unconditionally promises to pay to the order of BANK ONE, TEXAS, N.A.,...Revolving Note • March 27th, 1996 • Mallon Resources Corp • Crude petroleum & natural gas
This Note is executed pursuant to that certain Loan Agreement dated of even date herewith between Borrower and Bank (the "Loan Agreement"), and is the Revolving Note referred to therein. This Note is secured by certain Security Instruments (as such term is defined in the Loan Agreement) of even date herewith between Borrower and Bank. Reference is made to the Loan Agreement and the Security Instruments for a statement of prepayment, rights and obligations of Borrower, description of the properties mortgaged and assigned, the nature and extent of such security and the rights of the parties under the Security Instruments in respect to such security and for a statement of the terms and conditions under which the due date of this Note may be accelerated. Upon the occurrence of an Event of Default, as that term is defined in the Loan Agreement and Security Instruments, the holder hereof (i) may declare forthwith to be entirely and immediately due and payable the principal balance hereof and
