DYNAMIC SAND, LLC, a Texas limited liability company, as agent (“Secured Party”), has scheduled the date on which it will conduct a public foreclosure sale of all limited liability company interests in (a) SAND REVOLUTION II, LLC, a Texas limited liability company (“Sand Revolution”); and (b) FEVID TRANSPORT, LLC, a Nevada limited liability company (“Fevid”; Fevid and Sand Revolution are collectively referred to herein as the “Companies”) which are owned by SAND REVOLUTION HOLDINGS, LLC, a Delaware limited liability company (“Debtor”), such limited liability company interests are collectively referred to herein as, the “Collateral.”
The public foreclosure sale will be held at the following date, time and place:
Day and Date: THURSDAY, AUGUST 13, 2020
Time: 10:00 a.m., Central Daylight Time
Place: Nathan Sommers Jacobs, A Professional Corporation
2800 Post Oak Boulevard
Houston, Texas 77056
Secured Party was granted a security interest in and to the Collateral pursuant to that certain Credit Agreement dated as of September 6, 2019, as amended by that certain First Amendment to Credit Agreement dated as of March 2, 2020, and that certain Security Agreement, Pledge and Collateral Assignment dated September 6, 2019, by and among Debtor, Secured Party (as successor in interest to ORIGIN BANK), as agent for the lenders described therein, and Secured Party (as successor in interest to ORIGIN BANK), as the sole lender thereunder. The Collateral will be sold at a public foreclosure sale in whole, as a single lot, without recourse to Secured Party. Secured Party does not claim title to any of the Collateral being sold and disclaims any warranty of title, merchantability, suitability, marketability, value, or quality of the Collateral. Secured Party will sell only such right or title as Secured Party may have in and to the Collateral, and the Collateral will be sold subject to any and all organizational and governance documents, agreements and instruments which are applicable thereto. Each prospective purchaser should make such investigations as it deems necessary to determine the value of the Collateral and the merits and risks thereof. No one is authorized to provide any information or to make any representations about the Collateral. Secured Party makes no representation or warranty, express or implied, or with respect to Sand Revolution, Fevid, or their respective businesses, assets, or liabilities, or their respective revenues, incomes, expenses, or financial conditions and Secured Party disclaims making expressly or otherwise any such representations or warranties. The Collateral will be sold to the bidder with the highest bid for cash (in U.S. Dollars). Notwithstanding the above, Secured Party fully reserves the right to bid at the sale and to credit bid all or any part of the total amount of its secured claims in partial or full satisfaction of the purchase price. In the event that Secured Party is the highest bidder, via cash or credit bid, Secured Party reserves the right to take title to the Collateral in its own name or to direct title be taken in the name and for the account of a subsidiary or affiliate of Secured Party. Secured Party further reserves its right, on or prior to the date of sale, to modify, waive or amend any terms or conditions of the sale or impose any other terms or conditions on the sale, and, if Secured Party deems appropriate, to reject any bids and/or to adjourn, delay or terminate the sale.
For inquiries, and for more information relating to the public foreclosure sale announced herein or the Collateral, please contact counsel for Secured Party at: firstname.lastname@example.org.