ASSIGNMENT OF LOANS AND LIENSAssignment of Loans and Liens • August 16th, 2024 • Phoenix Capital Group Holdings, LLC • Metal mining
This ASSIGNMENT OF LOANS AND LIENS (this “Assignment”) dated as of August 12, 2024 (the “Effective Date”), is among PHOENIX CAPITAL GROUP HOLDINGS, LLC, a Delaware limited liability company (“PCGH”), PHOENIX OPERATING LLC, a Delaware limited liability company (“Phoenix Operating”, and together with PCGH, the “Borrower”), the Guarantors (as defined below) party hereto, AMARILLO NATIONAL BANK (“ANB”), as Existing Lender (as defined below), FORTRESS CREDIT CORP. (“Fortress”), as Administrative Agent (as defined below) and as Collateral Agent (as defined below), and the New Lender (as defined below) party hereto.
