COLLATERAL AGENCY AGREEMENT dated as of September 12, 2023 among HIGHPEAK ENERGY, INC., as the Company, the other Grantors from time to time party hereto, TEXAS CAPITAL BANK, as the Collateral Agent, MERCURIA ENERGY TRADING SA, as the First-Out...Collateral Agency Agreement • September 15th, 2023 • HighPeak Energy, Inc. • Drilling oil & gas wells • New York
This COLLATERAL AGENCY AGREEMENT (as amended, supplemented, amended and restated or otherwise modified from time to time in accordance with Section 7.1 hereof, this “Agreement”) is dated as of September 12, 2023 and is by and among HIGHPEAK ENERGY, INC., a Delaware corporation (the “Company”), the other Grantors from time to time party hereto, TEXAS CAPITAL BANK (“Texas Capital”) in its capacity as the Collateral Agent (as defined below) for the benefit of itself and the other Secured Parties, MERCURIA ENERGY TRADING SA, in its capacity as First-Out Representative (as defined below) and each of the undersigned Senior Hedging Parties (as defined below), CHAMBERS ENERGY MANAGEMENT, LP (“Chambers Energy”), in its capacity as the Term Representative (as defined below), and any other First-Out Debt Holder or other Representative that from time to time becomes party hereto by executing and delivering a Collateral Agency Joinder.
CREDIT AGREEMENT among HIGHPEAK ENERGY, INC. as Borrower, The Several Lenders from Time to Time Parties Hereto, and TEXAS CAPITAL BANK, as Administrative Agent, and CHAMBERS ENERGY MANAGEMENT, LP, as Collateral Agent Dated as of September 12, 2023...Credit Agreement • September 15th, 2023 • HighPeak Energy, Inc. • Drilling oil & gas wells • New York
This CREDIT AGREEMENT, dated as of September 12, 2023, is by and among HIGHPEAK ENERGY, INC., a Delaware corporation (“Borrower”), the several banks and other financial institutions or entities from time to time parties to this Agreement (the “Lenders”), TEXAS CAPITAL BANK, as administrative agent (in such capacity, “Administrative Agent”), and CHAMBERS ENERGY MANAGEMENT, LP as collateral agent (in such capacity, “Collateral Agent”).
