Owner Guaranty Sample Contracts

OWNER GUARANTY
Owner Guaranty • November 2nd, 2020 • California Resources Corp • Crude petroleum & natural gas • New York

This Guaranty (the “Guaranty”) is made as of October 27, 2020, by California Resources Corporation, a corporation formed under the laws of Delaware and having an office at 27200 Tourney Road, Suite 200, Santa Clarita, CA 91355 (“Guarantor”), to and for the benefit of Wilmington Trust, National Association, having an office at 1100 North Market Street, Wilmington, DE 19890, as Collateral Agent (as defined below) for the Secured Parties (in such capacity, together with its successors and permitted assigns in such capacity, “Beneficiary”).

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