Common Contracts

2 similar Second Lien Guaranty and Collateral Agreement contracts by ABC Funding, Inc, Petro Resources Corp

SECOND LIEN GUARANTY AND COLLATERAL AGREEMENT dated as of September 9, 2008 made by PETRO RESOURCES CORPORATION and EACH OF THE OTHER GRANTORS (AS DEFINED HEREIN) in favor of CIT CAPITAL USA INC., as Administrative Agent
Second Lien Guaranty and Collateral Agreement • September 11th, 2008 • Petro Resources Corp • Crude petroleum & natural gas • Texas

This SECOND LIEN GUARANTY AND COLLATERAL AGREEMENT, dated as of September 9, 2008, is made by Petro Resources Corporation, a Delaware corporation (the “Borrower”) and each of the signatories hereto (the Borrower and each of the signatories hereto, together with any Subsidiary of the Borrower that becomes a party hereto from time to time after the date hereof, the “Grantors”) in favor of CIT Capital USA Inc., as administrative agent (in such capacity, together with its successors in such capacity, the “Administrative Agent”) for the banks and other financial institutions (the “Lenders”) from time to time parties to the Second Lien Term Loan Agreement, dated as of September 9, 2008 (as amended, supplemented or otherwise modified from time to time, the “Term Loan Agreement”), among the Borrower, the Administrative Agent and the Lenders.

SECOND LIEN GUARANTY AND COLLATERAL AGREEMENT dated as of September 2, 2008 made by ABC FUNDING, INC. and EACH OF THE OTHER GRANTORS (AS DEFINED HEREIN) in favor of CIT CAPITAL USA INC., as Administrative Agent
Second Lien Guaranty and Collateral Agreement • September 9th, 2008 • ABC Funding, Inc • Crude petroleum & natural gas • Texas

This SECOND LIEN GUARANTY AND COLLATERAL AGREEMENT, dated as of September 2, 2008, is made by ABC Funding, Inc., a Nevada corporation (the “Borrower”) and each of the signatories hereto (the Borrower and each of the signatories hereto, together with any Subsidiary of the Borrower that becomes a party hereto from time to time after the date hereof, the “Grantors”) in favor of CIT Capital USA Inc., as administrative agent (in such capacity, together with its successors in such capacity, the “Administrative Agent”) for the banks and other financial institutions (the “Lenders”) from time to time parties to the Second Lien Term Loan Agreement, dated as of September 2, 2008 (as amended, supplemented or otherwise modified from time to time, the “Term Loan Agreement”), among the Borrower, the Administrative Agent and the Lenders.