COLLATERAL AGREEMENT TO PURCHASE AND SALE AGREEMENTCollateral Agreement to Purchase and Sale Agreement • December 31st, 2018 • Viking Energy Group, Inc. • Crude petroleum & natural gas
THIS COLLATERAL AGREEMENT TO PURCHASE AND SALE AGREEMENT (this “Collateral Agreement”), dated as of December 26, 2018 (the “Execution Date”), is by and between Bodel Holdings, L.L.C., Cleveland Holdings, L.L.C., Delbo Holdings, L.L.C., DeQuincy Holdings, L.L.C., Gulf Coast Working Partners, L.L.C., Oakley Holdings, L.L.C., SamJam Energy, L.L.C., and Perry Point Holdings, L.L.C. (individually, each a “Seller” and collectively, “Sellers,” or individually, a “Seller Party”), and Viking Energy Group, Inc., a Nevada corporation (“Purchaser”). Sellers and Purchaser, or both of them, may be referred to herein as a “Party,” or collectively as the “Parties.” Capitalized terms used herein but not defined shall have the meanings ascribed to them in the PSA (as defined below).
