0001477932-18-003059 Sample Contracts

PROMISSORY NOTE (REVOLVER Note)
Viking Energy Group, Inc. • June 15th, 2018 • Crude petroleum & natural gas

FOR VALUE RECEIVED, PETRODOME ENERGY, LLC, a Texas limited liability company, MID-CON PETROLEUM, LLC, MID-CON DEVELOPMENT, LLC, and MID-CON DRILLING, LLC, each a Kansas limited liability company (collectively, the “Borrowers”), hereby jointly and severally promise to pay to the order of CROSSFIRST BANK, a Kansas banking corporation (the “Bank”), at the Bank’s principal banking offices in Tulsa, Oklahoma, in lawful money of the United States of America, the principal sum of THIRTY MILLION and NO/100 DOLLARS ($30,000,000.00), or so much thereof as shall have been advanced hereunder as described in the Loan Agreement (as hereinafter defined) and remains unpaid and together with interest thereon from the date hereof on the unpaid balance of principal from time to time outstanding, and on any past due interest, at the adjustable variable annual rate of interest hereinafter specified, which interest is due and payable in consecutive monthly installments on the last day of each calendar month

AutoNDA by SimpleDocs
REVOLVER LOAN AGREEMENT Dated as of June 13, 2018 between and among PETRODOME ENERGY, LLC, MID-CON PETROLEUM LLC, MID-CON DEVELOPMENT LLC AND MID-CON DRILLING LLC AND CROSSFIRST BANK REVOLVER LOAN AGREEMENT
Revolver Loan Agreement • June 15th, 2018 • Viking Energy Group, Inc. • Crude petroleum & natural gas • Oklahoma

THIS REVOLVER LOAN AGREEMENT, dated effective as of June 13, 2018, is entered into between and among PETRODOME ENERGY, LLC, a Texas limited liability company (“Petrodome”), MID-CON PETROLEUM LLC, a Kansas limited liability company (“Petroleum”), MID-CON DEVELOPMENT LLC, a Kansas limited liability company (“Development”) and MID-CON DRILLING LLC, a Kansas limited liability company (“Drilling” and together with Petrodome, Petroleum and Development collectively and individually, “Borrower”), and CROSSFIRST BANK, a Kansas banking corporation (“Bank”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!