EIGHTEENTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 30th, 2016 • Tengasco Inc • Crude petroleum & natural gas • Texas
This Eighteenth Amendment to Loan and Security Agreement (this “Amendment”) is made and entered into as of March 28, 2016 (“Effective Date”), by and between PROSPERITY BANK, a Texas state banking association, successor by merger to The F&M Bank & Trust Company (“Lender”), acting as a lender on its own behalf, as Agent under the Loan Agreement (as defined below), and as collateral agent on behalf of CARGILL, INCORPORATED, a Delaware corporation (“Cargill”) as a Hedge Provider, and TENGASCO, INC., a Delaware corporation (“Borrower”), TENNESSEE LAND & MINERAL CORPORATION (“TLMC”), TENGASCO PIPELINE CORPORATION (“TPC”) and MANUFACTURED METHANE CORPORATION (“MMC”) (each of TLMC, TPC, and MMC are a “Guarantor” and collectively “Guarantors”) (collectively referred to herein as the “Parties”).
