AMENDED AND RESTATED SECURITY AGREEMENT BETWEEN EASTERN OIL WELL SERVICE COMPANY EOWS MIDLAND COMPANY (DEBTOR) AND GUARANTY BANK, FSB, AS AGENT (SECURED PARTY) DECEMBER 28, 2006Security Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
This AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”), dated as of December 28, 2006, is by and between EOWS MIDLAND COMPANY, a Texas corporation EASTERN OIL WELL SERVICE COMPANY, a West Virginia Corporation (collectively the “Debtor’”) and GUARANTY BANK, FSB, a federal savings bank as Agent for the benefit of the Lenders (“Secured Party”).
COMPLETION AND LIQUIDITY MAINTENANCE AGREEMENTCompletion and Liquidity Maintenance Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
THIS COMPLETION AGREEMENT AND LIQUIDITY MAINTENANCE AGREEMENT (“Agreement”) is made and entered into effective as of June 29, 2006 between PRIMEENERGY CORPORATION (“Prime”), GUARANTY BANK, FSB (“Guaranty”) and PRIME OFFSHORE L.L.C. (“Offshore”).
AMENDED AND RESTATED SECURITY AGREEMENT (Membership Pledge) BY PRIMEENERGY CORPORATION IN FAVOR OF GUARANTY BANK, FSB, as Agent December 28, 2006 CREDIT FACILITY TO PRIMEENERGY CORPORATION PRIMEENERGY MANAGEMENT CORPORATION PRIME OPERATING COMPANY...Security Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
THIS AMENDED AND RESTATED SECURITY AGREEMENT (Membership Pledge) (this “Security Agreement”) dated as of December 28, 2006, is entered into by and between PRIMEENERGY CORPORATION, a Delaware corporation (the “Pledgor”), and GUARANTY BANK, FSB, a federal savings bank as agent for the benefit of the Lenders (the “Agent”).
SUBORDINATION AGREEMENTSubordination Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
THIS SUBORDINATION AGREEMENT (this “Agreement”) is made and entered into effective this 29th day of June, 2006, by and among PRIME OFFSHORE L.L.C. (the “Borrower”). PRIMEENERGY CORPORATION (the “Subordinated Party”) and GUARANTY BANK, FSB, a federal savings bank (the “Agent” and a “Lender”).
AMENDED AND RESTATED SECURITY AGREEMENT BETWEEN PRIMEENERGY CORPORATION PRIMEENERGY MANAGEMENT CORPORATION PRIME OPERATING COMPANY EASTERN OIL WELL SERVICE COMPANY SOUTHWEST OILFIELD CONSTRUCTION COMPANY EOWS MIDLAND COMPANY (DEBTOR) AND GUARANTY...Amended and Restated Security Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
This AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”), dated as of December 28, 2006, is by and between PRIMEENERGY CORPORATION, a Delaware corporation (“PEC”), PRIMEENERGY MANAGEMENT CORPORATION, a New York corporation, PRIME OPERATING COMPANY, a Texas corporation, EASTERN OIL WELL SERVICE COMPANY, a West Virginia corporation, SOUTHWEST OILFIELD CONSTRUCTION COMPANY, an Oklahoma corporation, and EOWS MIDLAND COMPANY, a Texas corporation (collectively, the “Debtor”), and GUARANTY BANK, FSB, a federal savings bank, as Agent for the benefit of the Lenders (“Secured Party”).
SECURITY AGREEMENT BETWEEN PRIME OFFSHORE L.L.C. (DEBTOR) AND GUARANTY BANK, FSB, AS AGENT (SECURED PARTY) JUNE 29, 2006Security Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
This SECURITY AGREEMENT (this “Agreement”), dated as of June 29, 2006, is by and between PRIME OFFSHORE L.L.C., a Delaware limited liability company (the “Debtor”) and GUARANTY BANK, FSB, a federal savings bank, as Agent (“Secured Party”).
PLEDGE AGREEMENTPledge Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
THIS PLEDGE AGREEMENT (this “Agreement”), is made as of June 29, 2006, by and between GUARANTY BANK, FSB, a federal savings bank, as Agent for itself and certain other lenders (the “Secured Party”), and PRIME OFFSHORE L.L.C., a Delaware limited liability company (“Pledgor”), with reference to the following:
AMENDED AND RESTATED CREDIT AGREEMENT AMONG PRIMEENERGY CORPORATION PRIMEENERGY MANAGEMENT CORPORATION PRIME OPERATING COMPANY EASTERN OIL WELL SERVICE COMPANY SOUTHWEST OILFIELD CONSTRUCTION COMPANY EOWS MIDLAND COMPANY AND GUARANTY BANK, FSB AS...Credit Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
This ASSIGNMENT AGREEMENT (as amended, supplemented, restated or otherwise modified from time to time, this “Agreement”) is dated as of , , by and between (the “Assignor”) and (the “Assignee”).
Re: Amended and Restated Credit Agreement dated December 28, 2006 by and among PrimeEnergy Corporation (“PEC”) et al as “Borrower”, Guaranty Bank, FSB, as Agent and the Lenders signatory thereto (“Agreement”)Primeenergy Corp • April 2nd, 2007 • Crude petroleum & natural gas
Guaranty Bank FSB (“Guaranty”) and Prime Offshore L.L.C. (“Offshore”) entered into a Credit Agreement dated June 29, 2006 (“Offshore Credit Agreement”) and as part of the Offshore Credit Agreement, Guaranty, Offshore and PEC entered into a Completion and Liquidity Maintenance Agreement (“CLMA”) of even date therewith, whereby PEC agreed to maintain liquidity consisting of unused revolver availability under the Agreement and/or unrestricted cash and cash equivalents of $25,000,000. This required level of liquidity will reduce, dollar-for-dollar, with any additional shareholder advances by PEC to Offshore and increase, dollar-for-dollar, to a maximum of $25,000,000 with any repayment of shareholder advances.
PUT RIGHT AGREEMENTPut Right Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
THIS PUT RIGHT AGREEMENT (“Agreement”) is made effective June 29, 2006 by and among PRIMEENERGY CORPORATION, a Delaware corporation (“PEC”) and PRIME OFFSHORE L.L.C., a Delaware limited liability corporation (“POS”).
CREDIT AGREEMENT Dated as of June 1, 2006 (but effective for all purposes as of August 22, 2005) Between PRIME OFFSHORE L.L.C. as Borrower and PRIMEENERGY CORPORATION as LenderCredit Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
THIS CREDIT AGREEMENT, dated as of June 1, 2006, but effective for all purposes as of August 22, 2005 (the “Effective Date”) is between PRIME OFFSHORE L.L.C., a Delaware limited liability company (the “Borrower”), and PRIMEENERGY CORPORATION, a Delaware corporation (the “Lender”).
AMENDED AND RESTATED SECURITY AGREEMENT BETWEEN PRIMEENERGY CORPORATION PRIMEENERGY MANAGEMENT CORPORATION PRIME OPERATING COMPANY EASTERN OIL WELL SERVICE COMPANY SOUTHWEST OILFIELD CONSTRUCTION COMPANY EOWS MIDLAND COMPANY (DEBTOR) AND GUARANTY...Amended and Restated Security Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
This AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”), dated as of December 28, 2006, is by and between PRIMEENERGY CORPORATION, a Delaware corporation (“PEC”), PRIMEENERGY MANAGEMENT CORPORATION, a New York corporation, PRIME OPERATING COMPANY, a Texas corporation, EASTERN OIL WELL SERVICE COMPANY, a West Virginia corporation, SOUTHWEST OILFIELD CONSTRUCTION COMPANY, an Oklahoma corporation, and EOWS MIDLAND COMPANY, a Texas corporation (collectively, the “:Debtor”), and GUARANTY BANK, FSB, a federal savings bank, as Agent for the benefit of the Lenders (“Secured Party”).
CREDIT AGREEMENT BETWEEN PRIME OFFSHORE L.L.C. AND GUARANTY BANK, FSB, AS AGENT AND A LENDER JUNE 29, 2006 REVOLVING LINE OF CREDIT OF UP TO $200,000,000Credit Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
AMENDED AND RESTATED SECURITY AGREEMENT BETWEEN SOUTHWEST OILFIELD CONSTRUCTION COMPANY (DEBTOR) AND GUARANTY BANK, FSB, AGENT (SECURED PARTY) DECEMBER 28, 2006Security Agreement • April 2nd, 2007 • Primeenergy Corp • Crude petroleum & natural gas • Texas
This AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”), dated as of December 28, 2006, is by and between SOUTHWEST OILFIELD CONSTRUCTION COMPANY, an Oklahoma corporation (the “Debtor”) and GUARANTY BANK, FSB, a federal savings bank as Agent for the benefit of the Lenders (“Secured Party”).
