SWAP INTERCREDITOR AGREEMENT Dated as of August 11, 2021 among SANDRIDGE ENERGY, INC. as the Borrower SANDRIDGE HOLDINGS, INC. as a Guarantor SANDRIDGE EXPLORATION AND PRODUCTION, LLC, as a Guarantor SANDRIDGE MIDSREAM INC. as a Guarantor SANDRIDGE...Swap Intercreditor Agreement • August 13th, 2021 • Sandridge Energy Inc • Crude petroleum & natural gas • New York
(4)By entering into this Agreement, the Energy Hedge Provider has become an Eligible Secured Swap Counterparty and the obligations of the Borrower in respect of the Energy Hedge Agreement are secured on a first priority basis by Liens on the Collateral pursuant to the terms of the Collateral Documents, which Liens are pari passu with the Liens that secure the obligations of the Borrower in respect of the Credit Agreement.
