Common Contracts
2 similar Letter Loan Agreement contracts by Lucas Energy, Inc.
SECOND AMENDED LETTER LOAN AGREEMENT November 18, 2014, to be effective as of November 13, 2014Letter Loan Agreement • February 17th, 2015 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
This Second Amended Letter Loan Agreement is intended to amend the Letter Loan Agreement between the parties dated August 13, 2013, and as previously amended effective March 14, 2014, regarding the loan from Louise H. Rogers, as her separate property, to Lucas Energy, Inc., in the original principal amount of $7,500,000.00, to reflect the parties’ agreement to restructure the loan effective as of November 13, 2014, as follows:
LETTER LOAN AGREEMENTLetter Loan Agreement • August 14th, 2013 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
The undersigned, Lucas Energy, Inc., a corporation duly organized and existing under the laws of the State of Nevada (“LEI”), with its principal place of business at 3555 Timmons Lane, Suite 1550, Houston, Texas, 77027, as Borrower, has requested that Louise H. Rogers (“Rogers”), as Lender, lend to LEI the sum of $7,500,000.00. Capitalized terms in this Letter Loan Agreement (as may be amended from time to time, this “Agreement”) that are not defined in the text are defined in Schedule A, entitled “Definitions,” and Schedule A is incorporated by reference into this Agreement. Subject to the terms of this Agreement, LEI and Rogers agree as follows:
