0001104659-10-043296 Sample Contracts

CONSENT AND FORBEARANCE AGREEMENT

Consent and Forbearance Agreement • August 10th, 2010 • Cano Petroleum, Inc • Crude petroleum & natural gas • Texas

• Contract Type
  Consent and Forbearance Agreement
• Filed
  August 10th, 2010
• Company
  Cano Petroleum, Inc
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Texas

This CONSENT AND FORBEARANCE AGREEMENT (the “Agreement”) dated effective as of August 5, 2010 (“Effective Date”) is by and among Cano Petroleum, Inc., a Delaware corporation (the “Borrower”), the Guarantors (as defined below), the Lenders (as defined below), and Union Bank, N.A. (f/k/a Union Bank of California, N.A.), as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders and as issuing lender for such Lenders (in such capacity, the “Issuing Lender”).