Other Information from Funding Agreement
This Pre-Merger Loan and Funding Agreement (hereinafter the "Agreement") is entered into and shall become effective as of February 26, 2015, by and between VICTORY ENERGY CORPORATION, a Nevada corporation ("Victory"), and LUCAS ENERGY, INC., a Nevada corporation ("Lucas"). Victory and Lucas are referred to individually as a "Party" and, collectively, as the "Parties."
Other Information. Until the Note has been paid in full, Lucas shall promptly provide Victory with any reports, management letters or other information that are created or received concerning material aspects of its and/or any subsidiary's operations and financial affairs to the extent not otherwise provided to Victory. Within ten days following Victory's request, Lucas shall provide Victory with such other information and financial data concerning itself or any subsidiary as Victory may reasonably request, including, but not limited to, copies of the minutes of management meetings and any resolutions adopted by the managing body.