SECOND AMENDED AND RESTATED CREDIT AGREEMENT Dated effective as of May 10, 2017 among CORTLAND CAPITAL MARKET SERVICES LLC, as Administrative Agent; and OTHER FINANCIAL INSTITUTIONS AND BANKS, as Banks; and ENERJEX KANSAS, INC. (f/k/a MIDWEST ENERGY,...Credit Agreement • May 12th, 2017 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Texas
AMENDED AND RESTATED NOTEEnerJex Resources, Inc. • May 12th, 2017 • Crude petroleum & natural gas
FOR VALUE RECEIVED, ENERJEX KANSAS, INC., BLACK RAVEN ENERGY, INC., WORKING INTEREST, LLC, ADENA, LLC, KANSAS HOLDINGS, LLC and BLACK SABLE ENERGY, LLC (collectively, “Borrowers”), jointly and severally, hereby promise to pay to the order of PASS CREEK RESOURCES LLC, a Delaware limited liability company, or its registered assigns (“Bank”), in accordance with the provisions of the Agreement (as hereinafter defined) the principal amount of FOUR MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($4,500,000.00) or so much thereof as may be outstanding from time to time, pursuant to the terms and conditions of that certain Second Amended and Restated Credit Agreement, dated as of even date herewith (as the same may be amended, restated, extended, or supplemented from time to time, the “Agreement”), among Borrowers, Cortland Capital Market Services LLC, as Administrative Agent and the Banks party thereto from time to time. Capitalized terms used but not defined in this Note have the meanings
GUARANTY OF RECOURSE CARVEOUTSGuaranty of Recourse Carveouts • May 12th, 2017 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Texas
THIS GUARANTY OF RECOURSE CARVEOUTS (this “Guaranty”) is executed as of May 10, 2017 by ENERJEX RESOURCES, INC., a Nevada corporation (“Guarantor”), for the benefit of CORTLAND CAPITAL MARKET SERVICES LLC, a Delaware limited liability company, having an address at 225 W. Washington St. 21st Floor, Chicago, Illinois 60606 (“Cortland”), acting in its capacity as agent (Cortland in such capacity, together with its successors and assigns in such capacity, “Agent”) for the ratable benefit of Agent and any Banks (as hereafter defined).
