SWAP INTERCREDITOR AGREEMENTSwap Intercreditor Agreement • March 17th, 2016 • Warren Resources Inc • Crude petroleum & natural gas • New York
THIS SWAP INTERCREDITOR AGREEMENT (this “Agreement”) is entered into as of May 22, 2015 by and among Warren Resources, Inc., a Maryland corporation (“Borrower”) the other subsidiaries of Borrower party as Guarantors under the Credit Agreement (collectively referred to as “Guarantors,” and together with Borrower, collectively referred to as “Credit Parties”), Cargill, Incorporated, acting through its Cargill Risk Management Business Unit (the “Initial Secured Swap Counterparty”), any other Person that hereafter becomes a party to this Agreement as a “Secured Swap Counterparty” pursuant to the Joinder Supplement, Wilmington Trust, National Association, as administrative agent for the Lenders under the Credit Agreement (in such capacity, “Administrative Agent”) and each other Person that from time to time becomes a party hereto in accordance with the terms of this Agreement.
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.
