ASSIGNMENT OF SALT WATER DISPOSAL LEASES AND CONTRACTSLeases and Contracts • November 27th, 2020 • Nuverra Environmental Solutions, Inc. • Oil & gas field services, nec
THIS ASSIGNMENT OF SALT WATER DISPOSAL LEASES AND CONTRACTS (this “Assignment”) is made this 13th day of November, 2020, by and between the entities listed on Schedule 1 attached hereto (individually and/or collectively, as the contest may require, the “Assignor”) in favor of FIRST INTERNATIONAL BANK & TRUST, a North Dakota banking corporation (the “Assignee”).
INDEMNITY AGREEMENTIndemnity Agreement • November 27th, 2020 • Nuverra Environmental Solutions, Inc. • Oil & gas field services, nec
THIS INDEMNITY AGREEMENT (“Agreement”), is made and entered into as of this 13th day of November, 2020, by the undersigned, nuverra environmental solutions, INC., a Delaware corporation (hereinafter referred to as the “Borrower”), and BADLANDS POWER FUELS, LLC, a Delaware limited liability company, BADLANDS POWER FUELS, LLC, a North Dakota limited liability company, LANDTECH ENTERPRISES, L.L.C., a North Dakota limited liability company, IDEAL OILFIELD DISPOSAL, LLC, a North Dakota limited liability company, HECKMANN WATER RESOURCES CORPORATION, a Texas corporation, HECKMANN WATER RESOURCES (CVR), INC., a Texas corporation, 1960 WELL SERVICES, LLC, an Ohio limited liability company, NUVERRA OHIO DISPOSAL LLC, a Delaware limited liability company, CLEARWATER THREE, LLC, an Ohio limited liability company, CLEARWATER FIVE, LLC, an Ohio limited liability company, CLEARWATER SOLUTIONS, LLC, an Ohio limited liability company, and NUVERRA TOTAL SOLUTIONS, LLC, a Delaware limited liability comp
GUARANTYGuaranty • November 27th, 2020 • Nuverra Environmental Solutions, Inc. • Oil & gas field services, nec
In consideration of and in order to induce First International Bank & Trust, a North Dakota banking corporation (the “Lender”), to extend financial accommodations to Nuverra Environmental Solutions, Inc., a Delaware corporation (the “Borrower”), as evidenced by that certain Loan Agreement of even date herewith (“Loan Agreement”; capitalized terms used herein but not otherwise defined shall have the meanings provided for in the Loan Agreement) and those certain Promissory Notes of even date herewith executed by the Borrower and payable to the order of the Lender, as more fully described in the Loan Agreement (collectively, the “Note”), each of the undersigned (collectively, the “Guarantor”), hereby jointly and severally:
LOAN AGREEMENTLoan Agreement • November 27th, 2020 • Nuverra Environmental Solutions, Inc. • Oil & gas field services, nec • North Dakota
THIS LOAN AGREEMENT (as it may be amended, restated, replaced or otherwise modified from time to time, this “Agreement”) is made and entered into effective as of November 16, 2020, by and between NUVERRA ENVIRONMENTAL SOLUTIONS, INC., a Delaware corporation (“Borrower”), and FIRST INTERNATIONAL BANK & TRUST, a North Dakota banking corporation (together with its successors and assigns, “Lender”).
SECURITY AGREEMENTSecurity Agreement • November 27th, 2020 • Nuverra Environmental Solutions, Inc. • Oil & gas field services, nec
THIS SECURITY AGREEMENT, dated as of November 16, 2020 (the “Agreement”), between NUVERRA ENVIRONMENTAL SOLUTIONS, INC., a Delaware corporation (hereinafter referred to as the “Borrower”), and BADLANDS POWER FUELS, LLC, a Delaware limited liability company, BADLANDS POWER FUELS, LLC, a North Dakota limited liability company, LANDTECH ENTERPRISES, L.L.C., a North Dakota limited liability company, IDEAL OILFIELD DISPOSAL, LLC, a North Dakota limited liability company, HECKMANN WATER RESOURCES CORPORATION, a Texas corporation, HECKMANN WATER RESOURCES (CVR), INC., a Texas corporation, 1960 WELL SERVICES, LLC, an Ohio limited liability company, NUVERRA OHIO DISPOSAL LLC, a Delaware limited liability company, CLEARWATER THREE, LLC, an Ohio limited liability company, CLEARWATER FIVE, LLC, an Ohio limited liability company, CLEARWATER SOLUTIONS, LLC, an Ohio limited liability company, and NUVERRA TOTAL SOLUTIONS, LLC, a Delaware limited liability company (hereinafter collectively referred to
