SUBORDINATED PLEDGE AGREEMENTSubordinated Pledge Agreement • May 8th, 2008 • Cano Petroleum, Inc • Crude petroleum & natural gas • Texas
THIS SUBORDINATED PLEDGE AGREEMENT dated as of March 17, 2008 (this “Pledge Agreement”) is by and among CANO PETROLEUM, INC., a Delaware corporation (“Borrower”), each subsidiary of the Borrower signatory hereto (together with the Borrower, the “Pledgors” and individually, each a “Pledgor”) and UnionBanCal Equities, Inc. as Administrative Agent (in such capacity the “Administrative Agent”) under the Credit Agreement (as hereinafter defined), for its benefit and the benefit of the Lenders (as hereinafter defined).
SUBORDINATED GUARANTY AGREEMENTSubordinated Guaranty Agreement • May 8th, 2008 • Cano Petroleum, Inc • Crude petroleum & natural gas • Texas
This Subordinated Guaranty Agreement dated as of March 17, 2008 (this “Guaranty”) is executed by each of the undersigned (individually a “Guarantor” and collectively, the “Guarantors”), in favor of UnionBanCal Equities, Inc., as Administrative Agent for the ratable benefit of itself, the Lenders (as defined below) (together with the Administrative Agent and the Lenders, individually a “Beneficiary”, and collectively, the “Beneficiaries”).
SUBORDINATED SECURITY AGREEMENTSubordinated Security Agreement • May 8th, 2008 • Cano Petroleum, Inc • Crude petroleum & natural gas • Texas
THIS SUBORDINATED SECURITY AGREEMENT dated as of March 17, 2008 (this “Security Agreement”) is by and among CANO PETROLEUM, INC., a Delaware corporation (“Borrower”), each subsidiary of the Borrower party hereto from time to time (together with the Borrower, the “Grantors” and individually, each a “Grantor”) and UnionBanCal Equities, Inc. as administrative agent (in such capacity the “Administrative Agent”) for the ratable benefit of itself and the Lenders (as defined below) (together with the Lenders, individually a “Secured Party”, and collectively, the “Secured Parties”).
CONSENT AGREEMENTConsent Agreement • May 8th, 2008 • Cano Petroleum, Inc • Crude petroleum & natural gas • Texas
This CONSENT AGREEMENT (“Agreement”) made effective as of February 21, 2008 (“Effective Date”) is among Cano Petroleum, Inc., a Delaware corporation (“Borrower”), the Guarantors (as defined below), the Lenders (as defined below), and Union Bank of California, N.A., as administrative agent for such Lenders (in such capacity, the “Administrative Agent”) and as issuing lender (in such capacity, the “Issuing Lender”).
