CREDIT AGREEMENTCredit Agreement • May 14th, 2021 • Natural Gas Services Group Inc • Oil & gas field services, nec • Texas
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • May 14th, 2021 • Natural Gas Services Group Inc • Oil & gas field services, nec • Texas
This PLEDGE AND SECURITY AGREEMENT (as it may be amended, restated, supplemented or modified from time to time, this “Security Agreement”) is entered into as of May 11, 2021, by and among each of the undersigned identified on the signature pages hereto as Grantors (together with any other entity that may become a party hereto as provided herein, each a “Grantor, and collectively, the “Grantors”), and TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent (the “Administrative Agent”) for the Lenders and the other Secured Parties.
NoteCredit Agreement • May 14th, 2021 • Natural Gas Services Group Inc • Oil & gas field services, nec
FOR VALUE RECEIVED, Natural Gas Services Group, Inc. (“Holdings”, and together with any Domestic Subsidiary of Holdings that becomes a “Borrower” thereto, each a “Borrower” and, collectively, the “Borrowers”), hereby promise to pay to Texas Capital Bank, National Association (“Lender”), in accordance with the provisions of the Credit Agreement (as hereinafter defined), the principal sum of TWENTY MILLION AND 00/100 DOLLARS ($20,000,000.00) or so much thereof as may be advanced by Lender (in its capacity as Lender or Swing Line Lender, as applicable) from time to time to or for the benefit or account of Borrowers under that certain Credit Agreement dated as of May 11, 2021 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as therein defined), among Borrowers, the other Loan Parties from time to time party thereto, the Lenders from time to time party thereto, an
