Escrow and Deposit Accounts. All escrow and depository accounts of the Debtor and all credits, funds and entitlements therein, including, without limitation: (a) that certain Escrow Account No. 3228207 with Southwest Bank of Texas, N.A. pursuant to which Fifteen Million Dollars ($15,000,000.00) of the funds advanced under the CEC Note and the Series B Notes is held in escrow to fund the costs and expenses in preparing,
... drilling, testing and completing the Sub-Thrust Test Well (as defined in the Loan Agreement); (b) that certain Escrow Account No. 3228215 with Southwest Bank of Texas, N.A. pursuant to which the Debtor deposits monthly an amount equal to one-sixth (1/6th) of the next semi-annual interest payment due on the Debtor's senior notes under the Existing Indenture (as defined in the Loan Agreement); and (c) all deposit accounts of the Debtor and all deposit accounts relating to amounts due from the sale, production or processing of oil, gas or other petroleum products of the Debtor or any of its subsidiaries including, without limitation, Deposit Account No. 9159611 with Southwest Bank of Texas, N.A., Deposit Account No. 159611 with Southwest Bank of Texas, N.A., Deposit Account No. 172391 with Southwest Bank of Texas, N.A., Deposit Account No. 323241 with Southwest Bank of Texas, N.A., Deposit Account No. 323349 with Southwest Bank of Texas, N.A., Deposit Account No. 323276 with Southwest Bank of Texas, N.A., SEVEN SEAS PETROLEUM INC. SECURITY AGREEMENT 3 Deposit Account No. 323462 with Southwest Bank of Texas, N.A. and Deposit Account No. 503276347 with Fidelity Investments (the "Deposit Accounts").
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