Increased Costs Break Funding Payments Taxes Illegality. Section 5.01. Increased Costs 52 Section 5.02. Break Funding Payments 53 Section 5.03. Taxes 54 Section 5.04. Mitigation Obligations; Replacement of Lenders 57 Section 5.05. Illegality 59 ARTICLE VI Conditions Precedent Section 6.01. Effective Date 59 Section 6.02. Each Credit Event 61 ARTICLE VII Representations and Warranties Section 7.01. Organization; Powers 63 Section 7.02. Authority; Enforceability 63 Section 7.03. Approvals; No Conflicts 63 Section 7.04. Financial Condition; No Material Adverse Change 64 Section 7.05. Litigation 64 Section 7.06. Environmental Matters 64 Section 7.07. Compliance with Laws and Agreements; No Defaults 65 Section 7.08. Investment Company Act 65 Section 7.09. Taxes 66 Section 7.10. ERISA 66 Section 7.11. Disclosure; No Material Misstatements 67 Section 7.12. Insurance 67 Section 7.13. Restriction on Liens 67 Section 7.14. Subsidiaries 68 Section 7.15. Location of Business and Offices 68 Section 7.16. Properties; Titles, Etc 68 Section 7.17. Maintenance of Properties 69 Section 7.18. Material Gas Imbalances, Prepayments 69 Section 7.19. Marketing of Production 69 Section 7.20. Swap Agreements 70 Section 7.21. Use of Loans and Letters of Credit 70 Section 7.22. Solvency 70 Section 7.23. International Operations 70 Section 7.24. Anti-Corruption Laws and Sanctions 70 Section 7.25. Security Instruments 71 ARTICLE VIII Affirmative Covenants Section 8.01. Financial Statements; Other Information 71 Section 8.02. Notices of Material Events 75 Section 8.03. Existence; Conduct of Business 75 Section 8.04. Payment of Obligations 76 Section 8.05. Performance of Obligations under Loan Documents 76 Section 8.06. Operation and Maintenance of Properties 76 Section 8.07. Insurance 77 Section 8.08. Books and Records; Inspection Rights 77 Section 8.09. Compliance with Laws 77 Section 8.10. Environmental Matters 78 Section 8.11. Further Assurances 79 Section 8.12. Reserve Reports 79 Section 8.13. Title Information 80 Section 8.14. Additional Collateral; Additional Guarantors 81 Section 8.15. ERISA Compliance 82 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE IX Negative Covenants Section 9.01. Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").
Appears in 1 contract
Increased Costs Break Funding Payments Taxes Illegality. Section 5.01. 5.01 Increased Costs 52 43 Section 5.02. 5.02 Break Funding Payments 53 44 Section 5.03. 5.03 Taxes 54 45 Section 5.04. 5.04 Mitigation Obligations; Replacement of Lenders 57 Obligations 48 Section 5.05. 5.05 Illegality 59 ARTICLE 48 TABLE OF CONTENTS (Continued) Page Article VI Conditions Precedent Section 6.01. 6.01 Effective Date 59 49 Section 6.02. 6.02 Each Credit Event 61 ARTICLE 52 Article VII Representations and Warranties Section 7.01. 7.01 Organization; Powers 63 53 Section 7.02. 7.02 Authority; Enforceability 63 53 Section 7.03. 7.03 Approvals; No Conflicts 63 53 Section 7.04. 7.04 Financial Condition; No Material Adverse Change 64 54 Section 7.05. 7.05 Litigation 64 54 Section 7.06. 7.06 Environmental Matters 64 54 Section 7.07. 7.07 Compliance with the Laws and Agreements; No Defaults 65 56 Section 7.08. 7.08 Investment Company Act 65 56 Section 7.09. 7.09 Taxes 66 56 Section 7.10. 7.10 ERISA 66 56 Section 7.11. 7.11 Disclosure; No Material Misstatements 67 57 Section 7.12. 7.12 Insurance 67 58 Section 7.13. 7.13 Restriction on Liens 67 58 Section 7.14. 7.14 Subsidiaries 68 58 Section 7.15. 7.15 Location of Business and Offices 68 58 Section 7.16. 7.16 Properties; Titles, Etc 68 Etc. 58 Section 7.17. 7.17 Maintenance of Properties 69 59 Section 7.18. Material 7.18 Gas Imbalances, Prepayments 69 60 Section 7.19. 7.19 Marketing of Production 69 60 Section 7.20. 7.20 Swap Agreements 70 60 Section 7.21. 7.21 Use of Loans and Letters of Credit 70 60 Section 7.22. 7.22 Solvency 70 61 Section 7.23. International Operations 70 7.23 Acquisition 61 Section 7.24. Anti-Corruption Laws and Sanctions 70 Section 7.25. Security Instruments 71 ARTICLE VIII Affirmative Covenants Section 8.01. Financial Statements; Other Information 71 Section 8.02. Notices of Material Events 75 Section 8.03. Existence; Conduct of Business 75 Section 8.04. Payment of Obligations 76 Section 8.05. Performance of Obligations under Loan Documents 76 Section 8.06. Operation and Maintenance of Properties 76 Section 8.07. Insurance 77 Section 8.08. Books and Records; Inspection Rights 77 Section 8.09. Compliance with Laws 77 Section 8.10. Environmental Matters 78 Section 8.11. Further Assurances 79 Section 8.12. Reserve Reports 79 Section 8.13. Title Information 80 Section 8.14. Additional Collateral; Additional Guarantors 81 Section 8.15. ERISA Compliance 82 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE IX Negative Covenants Section 9.01. Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").7.24 OFAC 61 Article VIII
Appears in 1 contract
Increased Costs Break Funding Payments Taxes Illegality. Section 5.01. 5.01 Increased Costs 52 61 Section 5.02. 5.02 Break Funding Payments 53 62 Section 5.03. 5.03 Taxes 54 62 Section 5.04. 5.04 Mitigation Obligations; Replacement of Lenders 57 66 Section 5.05. 5.05 Illegality 59 ARTICLE 67 Article VI Conditions Precedent Section 6.01. 6.01 Effective Date 59 67 Section 6.02. 6.02 Each Credit Event 61 ARTICLE 71 Article VII Representations and Warranties Section 7.01. 7.01 Organization; Powers 63 72 Section 7.02. 7.02 Authority; Enforceability 63 72 Section 7.03. 7.03 Approvals; No Conflicts 63 73 Section 7.04. 7.04 Financial Condition; No Material Adverse Change 64 73 Section 7.05. 7.05 Litigation 64 74 Section 7.06. 7.06 Environmental Matters 64 74 Section 7.07. 7.07 Compliance with the Laws and Agreements; No Defaults 65 75 Section 7.08. 7.08 Investment Company Act 65 76 Section 7.09. 7.09 Taxes 66 76 Section 7.10. 7.10 ERISA 66 76 Section 7.11. 7.11 Disclosure; No Material Misstatements 67 76 Section 7.12. 7.12 Insurance 67 77 Section 7.13. 7.13 Restriction on Liens 67 77 Section 7.14. 7.14 Subsidiaries 68 77 Section 7.15. 7.15 Location of Business and Offices 68 78 Section 7.16. 7.16 Properties; Titles, Etc 68 78 Section 7.17. 7.17 Maintenance of Properties 69 79 Section 7.18. Material 7.18 Gas Imbalances, Prepayments 69 79 Section 7.19. 7.19 Marketing of Production 69 79 Section 7.20. 7.20 Swap Agreements 70 and Qualified ECP Guarantor 80 Section 7.21. 7.21 Use of Loans and Letters of Credit 70 80 Section 7.22. 7.22 Solvency 70 80 Section 7.23. International Operations 70 Section 7.24. 7.23 Anti-Corruption Laws and Laws; Sanctions 70 80 Section 7.25. 7.24 EEA Financial Institutions 81 Section 7.25 Security Instruments 71 ARTICLE 81 Article VIII Affirmative Covenants Section 8.01. 8.01 Financial Statements; Other Information 71 82 Section 8.02. 8.02 Notices of Material Events 75 85 Section 8.03. 8.03 Existence; Conduct of Business 75 85 Section 8.04. 8.04 Payment of Obligations 76 85 Section 8.05. 8.05 Performance of Obligations under Loan Documents 76 86 Section 8.06. 8.06 Operation and Maintenance of Properties 76 86 Section 8.07. 8.07 Insurance 77 87 Section 8.08. 8.08 Books and Records; Inspection Rights 77 87 Section 8.09. 8.09 Compliance with Laws 77 87 Section 8.10. 8.10 Environmental Matters 78 88 Section 8.11. 8.11 Further Assurances 79 89 Section 8.12. 8.12 Reserve Reports 79 89 Section 8.13. 8.13 Title Information 80 91 Section 8.14. 8.14 Additional Collateral; Collateral and Additional Guarantors 81 92 Section 8.15. 8.15 ERISA Compliance 82 93 Section 8.16. 8.16 Commodity Price Risk Management Policy 93 Section 8.17 Deposit Accounts; Commodities Accounts and Securities Accounts 93 Section 8.18 Commodity Exchange Act Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE Provisions 94 Article IX Negative Covenants Section 9.01. 9.01 Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 9.02 Debt 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").97
Appears in 1 contract
Increased Costs Break Funding Payments Taxes Illegality. 57 Section 5.01. Increased Costs 52 57 Section 5.02. Break Funding Payments 53 59 Section 5.03. Taxes 54 59 Section 5.04. Mitigation Obligations; Replacement of Lenders 57 63 Section 5.05. Illegality 59 63 ARTICLE VI Conditions Precedent 64 Section 6.01. Effective Date 59 Conditions to Execution 64 Section 6.02. Conditions to Effectiveness 66 Section 6.03. Conditions Precedent to Each Credit Event 61 70 ARTICLE VII Representations and Warranties 71 Section 7.01. Organization; Powers 63 71 Section 7.02. Authority; Enforceability 63 71 Section 7.03. Approvals; No Conflicts 63 72 Section 7.04. Financial Condition; No Material Adverse Change 64 72 Section 7.05. Litigation 64 73 Section 7.06. Environmental Matters 64 73 Section 7.07. Compliance with the Laws and Agreements; No Defaults 65 74 Section 7.08. Investment Company Act 65 74 Section 7.09. Taxes 66 74 Section 7.10. ERISA 66 75 Section 7.11. Disclosure; No Material Misstatements 67 76 Section 7.12. Insurance 67 76 Section 7.13. Restriction on Liens 67 77 Section 7.14. Subsidiaries 68 77 Section 7.15. Location of Business and Offices 68 77 Section 7.16. Properties; Titles, Etc 68 77 Section 7.17. Maintenance of Properties 69 78 Section 7.18. Material Gas Imbalances, Prepayments 69 79 Section 7.19. Marketing of Production 69 79 Section 7.20. Swap Agreements 70 79 Section 7.21. Use of Loans and Letters of Credit 70 79 Section 7.22. Solvency 70 80 Section 7.23. International Operations 70 Section 7.24. Anti-Corruption Laws and Sanctions 70 80 Section 7.24. Security Instruments 81 Section 7.25. Security Instruments 71 Article 8 of Uniform Commercial Code 81 ARTICLE VIII Affirmative Covenants 81 Section 8.01. Financial Statements; Other Information 71 81 Section 8.02. Notices of Material Events 75 84 Section 8.03. Existence; Conduct of Business 75 86 Section 8.04. Payment of Obligations 76 86 Section 8.05. Performance of Obligations under Loan Documents 76 86 Section 8.06. Operation and Maintenance of Properties 76 87 Section 8.07. Insurance 77 88 Section 8.08. Books and Records; Inspection Rights 77 88 Section 8.09. Compliance with Laws 77 88 Section 8.10. Environmental Matters 78 88 Section 8.11. Further Assurances 79 89 Section 8.12. Reserve Reports 79 90 Section 8.13. Title Information 80 91 Section 8.14. Additional Collateral; Additional Guarantors 81 92 Section 8.15. ERISA Compliance 82 94 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 94 ARTICLE IX Negative Covenants 95 Section 9.01. Financial Covenants 84 95 Section 9.02. Debt 84 95 Section 9.03. Liens 86 96 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Redemptions 97 Section 9.05. Investments, Loans and Advances 87 98 Section 9.06. Nature of Business; International Operations 89 99 Section 9.07. Limitation on Leases 89 100 Section 9.08. Proceeds of Loans 89 100 Section 9.09. ERISA Compliance 90 100 Section 9.10. Sale or Discount of Receivables 91 101 Section 9.11. Mergers, Etc 91 101 Section 9.12. Sale of Properties 91 102 Section 9.13. Environmental Matters 92 102 Section 9.14. Transactions with Affiliates 92 102 FOURTH AMENDED AND RESTATED CREDIT AGREEMENT β Page ii Section 9.15. Subsidiaries 92 102 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 103 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 103 Section 9.18. Swap Agreements 92 103 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 104 ARTICLE X Events of Default; Remedies 104 Section 10.01. Events of Default 95 104 Section 10.02. Remedies 97 108 ARTICLE XI The Agents 109 Section 11.01. Appointment; Powers 99 109 Section 11.02. Rights as a Lender 99 110 Section 11.03. Exculpatory Provisions 99 110 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").111
Appears in 1 contract
Increased Costs Break Funding Payments Taxes Illegality. Section 5.01. 5.01 Increased Costs 52 38 Section 5.02. 5.02 Break Funding Payments 53 38 Section 5.03. 5.03 Taxes 54 39 Section 5.04. 5.04 Mitigation Obligations; Replacement of Lenders 57 41 Section 5.05. 5.05 Illegality 59 42 Section 5.06 Alternate Rate of Interest 42 ARTICLE VI Conditions Precedent Section 6.01. 6.01 Effective Date 59 42 Section 6.02. 6.02 Each Credit Event 61 45 ARTICLE VII Representations and Warranties Section 7.01. 7.01 Organization; Powers 63 45 Section 7.02. 7.02 Authority; Enforceability 63 45 Section 7.03. 7.03 Approvals; No Conflicts 63 46 Section 7.04. 7.04 Financial Condition; No Material Adverse Change 64 46 Section 7.05. 7.05 Litigation 64 46 Section 7.06. 7.06 Environmental Matters 64 46 Section 7.07. 7.07 Compliance with Laws and Agreements; No Defaults 65 47 Section 7.08. 7.08 Investment Company Act 65 47 Section 7.09. 7.09 Taxes 66 47 Section 7.10. 7.10 ERISA 66 48 Section 7.11. 7.11 Disclosure; No Material Misstatements 67 48 Section 7.12. 7.12 Insurance 67 48 Section 7.13. 7.13 Restriction on Liens 67 49 Section 7.14. 7.14 Subsidiaries 68 49 Section 7.15. 7.15 Location of Business and Offices 68 49 Section 7.16. 7.16 Properties; Titles, Etc 68 Etc. 49 Section 7.17. 7.17 Maintenance of Properties 69 50 Section 7.18. 7.18 Material Gas Imbalances, Prepayments 69 Contracts 50 Section 7.19. Marketing of Production 69 Section 7.20. 7.19 Swap Agreements 70 and Qualified ECP Guarantor 51 Section 7.21. 7.20 Use of Loans and Letters of Credit 70 51 Section 7.22. 7.21 Solvency 70 51 Section 7.23. International Operations 70 Section 7.24. 7.22 Anti-Corruption Laws and Sanctions 70 Sanctions; USA PATRIOT Act 51 Section 7.25. Security Instruments 71 ARTICLE VIII Affirmative Covenants 7.23 FERC 51 Section 8.01. Financial Statements; Other Information 71 7.24 State Regulation 52 Section 8.02. Notices of Material Events 75 7.25 Title to Hydrocarbons 52 Section 8.03. Existence; Conduct of Business 75 7.26 Flood Insurance Related Matters 52 Section 8.04. Payment of Obligations 76 Section 8.05. Performance of Obligations under Loan Documents 76 Section 8.06. Operation and Maintenance of Properties 76 Section 8.07. Insurance 77 Section 8.08. Books and Records; Inspection Rights 77 Section 8.09. Compliance with Laws 77 Section 8.10. Environmental Matters 78 Section 8.11. Further Assurances 79 Section 8.12. Reserve Reports 79 Section 8.13. Title Information 80 Section 8.14. Additional Collateral; Additional Guarantors 81 Section 8.15. ERISA Compliance 82 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE IX Negative Covenants Section 9.01. Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of 7.27 EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").52 Section 7.28 Beneficial Ownership Certification 52 ARTICLE VIII
Appears in 1 contract
Increased Costs Break Funding Payments Taxes Illegality. 66 Section 5.01. 5.01 Increased Costs 52 66 Section 5.02. 5.02 Break Funding Payments 53 67 Section 5.03. 5.03 Taxes 54 67 Section 5.04. 5.04 Mitigation Obligations; Replacement of Lenders 57 71 Section 5.05. 5.05 Illegality 59 ARTICLE 72 Article VI Conditions Precedent 72 Section 6.01. 6.01 Effective Date 59 72 Section 6.02. 6.02 Each Credit Event 61 ARTICLE 75 Article VII Representations and Warranties 76 Section 7.01. 7.01 Organization; Powers 63 76 Section 7.02. 7.02 Authority; Enforceability 63 76 Section 7.03. 7.03 Approvals; No Conflicts 63 76 Section 7.04. 7.04 Financial Condition; No Material Adverse Change 64 77 Section 7.05. 7.05 Litigation 64 77 Section 7.06. 7.06 Environmental Matters 64 77 Section 7.07. 7.07 Compliance with the Laws and Agreements; No Defaults 65 78 Section 7.08. 7.08 Investment Company Act 65 79 Section 7.09. 7.09 Taxes 66 79 Section 7.10. 7.10 ERISA 66 79 Section 7.11. 7.11 Disclosure; No Material Misstatements 67 79 Section 7.12. 7.12 Insurance 67 80 Section 7.13. 7.13 Restriction on Liens 67 80 Section 7.14. 7.14 Subsidiaries 68 80 Section 7.15. 7.15 Location of Business and Offices 68 81 Section 7.16. 7.16 Properties; Titles, Etc 68 81 Section 7.17. 7.17 Maintenance of Properties 69 82 Section 7.18. Material 7.18 Gas Imbalances, Prepayments 69 82 Section 7.19. 7.19 Marketing of Production 69 Section 7.20. Swap Agreements 70 Section 7.21. Use of Loans and Letters of Credit 70 Section 7.22. Solvency 70 Section 7.23. International Operations 70 Section 7.24. Anti-Corruption Laws and Sanctions 70 Section 7.25. Security Instruments 71 ARTICLE VIII Affirmative Covenants Section 8.01. Financial Statements; Other Information 71 Section 8.02. Notices of Material Events 75 Section 8.03. Existence; Conduct of Business 75 Section 8.04. Payment of Obligations 76 Section 8.05. Performance of Obligations under Loan Documents 76 Section 8.06. Operation and Maintenance of Properties 76 Section 8.07. Insurance 77 Section 8.08. Books and Records; Inspection Rights 77 Section 8.09. Compliance with Laws 77 Section 8.10. Environmental Matters 78 Section 8.11. Further Assurances 79 Section 8.12. Reserve Reports 79 Section 8.13. Title Information 80 Section 8.14. Additional Collateral; Additional Guarantors 81 Section 8.15. ERISA Compliance 82 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE IX Negative Covenants Section 9.01. Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").82
Appears in 1 contract
Samples: Credit Agreement (Berry Corp (Bry))
Increased Costs Break Funding Payments Taxes Illegality. Section 5.01. 5.01 Increased Costs 52 56 Section 5.02. 5.02 Break Funding Payments 53 57 Section 5.03. 5.03 Taxes 54 57 Section 5.04. 5.04 Mitigation Obligations; Replacement of Lenders 57 61 Section 5.05. 5.05 Illegality 59 62 Section 5.06 Alternate Rate of Interest 62 ARTICLE VI Conditions Precedent Section 6.01. 6.01 Effective Date 59 63 Section 6.02. 6.02 Each Credit Event 61 66 ARTICLE VII Representations and Warranties Section 7.01. 7.01 Organization; Powers 63 67 Section 7.02. 7.02 Authority; Enforceability 63 67 Section 7.03. 7.03 Approvals; No Conflicts 63 68 Section 7.04. 7.04 Financial Condition; No Material Adverse Change 64 68 Section 7.05. 7.05 Litigation 64 68 Section 7.06. 7.06 Environmental Matters 64 69 Section 7.07. 7.07 Compliance with Laws and Agreements; No Defaults 65 70 Section 7.08. 7.08 Investment Company Act 65 70 Section 7.09. 7.09 Taxes 66 70 Section 7.10. 7.10 ERISA 66 71 Section 7.11. 7.11 Disclosure; No Material Misstatements 67 71 Section 7.12. 7.12 Insurance 67 72 Section 7.13. 7.13 Restriction on Liens 67 72 Section 7.14. 7.14 Subsidiaries 68 72 Section 7.15. 7.15 Location of Business and Offices 68 72 Section 7.16. 7.16 Properties; Titles, Etc 68 Etc. 73 Section 7.17. 7.17 Maintenance of Properties 69 74 Section 7.18. 7.18 Material Gas Imbalances, Prepayments 69 Contracts 75 Section 7.19. Marketing of Production 69 Section 7.20. 7.19 Swap Agreements 70 and Qualified ECP Guarantor 75 Section 7.21. 7.20 Use of Loans and Letters of Credit 70 75 Section 7.22. 7.21 Solvency 70 75 Section 7.23. International Operations 70 Section 7.24. 7.22 Anti-Corruption Laws and Sanctions 70 Section 7.25. Security Instruments 71 ARTICLE VIII Affirmative Covenants Section 8.01. Financial StatementsSanctions; Other Information 71 Section 8.02. Notices of Material Events 75 Section 8.03. Existence; Conduct of Business 75 Section 8.04. Payment of Obligations USA PATRIOT Act 76 Section 8.05. Performance of Obligations under Loan Documents 7.23 FERC 76 Section 8.06. Operation and Maintenance of Properties 7.24 State Regulation 76 Section 8.07. Insurance 7.25 Title to 77 Section 8.08. Books and Records; Inspection Rights 7.26 Flood Insurance Related Matters 77 Section 8.09. Compliance with Laws 77 Section 8.10. Environmental Matters 78 Section 8.11. Further Assurances 79 Section 8.12. Reserve Reports 79 Section 8.13. Title Information 80 Section 8.14. Additional Collateral; Additional Guarantors 81 Section 8.15. ERISA Compliance 82 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE IX Negative Covenants Section 9.01. Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of 7.27 EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").77 Section 7.28 Beneficial Ownership Certification 77 ARTICLE VIII
Appears in 1 contract
Increased Costs Break Funding Payments Taxes Illegality. Section 5.01. Increased Costs 52 53 Section 5.02. Break Funding Payments 53 54 Section 5.03. Taxes 54 Section 5.04. Mitigation Obligations; Replacement of Lenders 57 58 Section 5.05. Illegality 59 ARTICLE VI Conditions Precedent Section 6.01. Effective Date 59 60 Section 6.02. Each Credit Event 61 63 ARTICLE VII Representations and Warranties Section 7.01. Organization; Powers 63 64 Section 7.02. Authority; Enforceability 63 64 Section 7.03. Approvals; No Conflicts 63 64 Section 7.04. Financial Condition; No Material Adverse Change 64 65 Section 7.05. Litigation 64 65 Section 7.06. Environmental Matters 64 65 Section 7.07. Compliance with Laws and Agreements; No Defaults 65 66 Section 7.08. Investment Company Act 65 66 Section 7.09. Taxes 66 67 Section 7.10. ERISA 66 67 Section 7.11. Disclosure; No Material Misstatements 67 68 Section 7.12. Insurance 67 68 Section 7.13. Restriction on Liens 67 68 Section 7.14. Subsidiaries 68 69 Section 7.15. Location of Business and Offices 68 69 Section 7.16. Properties; Titles, Etc 68 69 Section 7.17. Maintenance of Properties 69 70 Section 7.18. Material Gas Imbalances, Prepayments 69 70 Section 7.19. Marketing of Production 69 70 Section 7.20. Swap Agreements 70 71 Section 7.21. Use of Loans and Letters of Credit 70 71 Section 7.22. Solvency 70 71 Section 7.23. International Operations 70 71 Section 7.24. Anti-Corruption Laws and Sanctions 70 71 Section 7.25. Security Instruments 71 72 ARTICLE VIII Affirmative Covenants Section 8.01. Financial Statements; Other Information 71 Section 8.02. Notices of Material Events 75 Section 8.03. Existence; Conduct of Business 75 Section 8.04. Payment of Obligations 76 Section 8.05. Performance of Obligations under Loan Documents 76 Section 8.06. Operation and Maintenance of Properties 76 Section 8.07. Insurance 77 Section 8.08. Books and Records; Inspection Rights 77 Section 8.09. Compliance with Laws 77 Section 8.10. Environmental Matters 78 Section 8.11. Further Assurances 79 Section 8.12. Reserve Reports 79 Section 8.13. Title Information 80 Section 8.14. Additional Collateral; Additional Guarantors 81 Section 8.15. ERISA Compliance 82 Section 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 83 Section 8.18. Post-Amendment Obligations 83 ARTICLE IX Negative Covenants Section 9.01. Financial Covenants 84 Section 9.02. Debt 84 Section 9.03. Liens 86 Section 9.04. Dividends, Distributions and Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05. Investments, Loans and Advances 87 Section 9.06. Nature of Business; International Operations 89 Section 9.07. Limitation on Leases 89 Section 9.08. Proceeds of Loans 89 Section 9.09. ERISA Compliance 90 Section 9.10. Sale or Discount of Receivables 91 Section 9.11. Mergers, Etc 91 Section 9.12. Sale of Properties 91 Section 9.13. Environmental Matters 92 Section 9.14. Transactions with Affiliates 92 Section 9.15. Subsidiaries 92 Section 9.16. Negative Pledge Agreements; Dividend Restrictions 92 Section 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 92 Section 9.18. Swap Agreements 92 Section 9.19. Marketing Activities 94 Section 9.20. Maintenance of Deposit Accounts 94 Section 9.21. Excluded Subsidiary 94 ARTICLE X Events of Default; Remedies Section 10.01. Events of Default 95 Section 10.02. Remedies 97 ARTICLE XI The Agents Section 11.01. Appointment; Powers 99 Section 11.02. Rights as a Lender 99 Section 11.03. Exculpatory Provisions 99 Section 11.04. Reliance by Administrative Agent 100 Section 11.05. Delegation of Duties 101 Section 11.06. Resignation of Administrative Agent and/or Issuing Bank 101 Section 11.07. Non-Reliance on Administrative Agent and Other Lenders 102 Section 11.08. No Other Duties, etc 102 Section 11.09. Administrative Agent May File Proofs of Claim 102 Section 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 ARTICLE XII Miscellaneous Section 12.01. Notices 104 Section 12.02. Waivers; Amendments 106 Section 12.03. Expenses, Indemnity; Damage Waiver 108 Section 12.04. Successors and Assigns 111 Section 12.05. Survival; Revival; Reinstatement 114 Section 12.06. Counterparts; Integration; Effectiveness; Electronic Signatures 115 Section 12.07. Severability 116 Section 12.08. Right of Setoff 116 Section 12.09. Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial 116 Section 12.10. Headings 117 Section 12.11. Confidentiality 117 Section 12.12. Interest Rate Limitation 118 Section 12.13. EXCULPATION PROVISIONS 119 Section 12.14. Collateral Matters; Swap Agreements; Treasury Management Agreements 119 Section 12.15. No Third Party Beneficiaries 120 Section 12.16. No Advisory or Fiduciary Responsibility 120 Section 12.17. Time of the Essence 121 Section 12.18. USA Patriot Act Notice 121 Section 12.19. ENTIRE AGREEMENT 121 Section 12.20. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 121 ANNEXES, EXHIBITS AND SCHEDULES Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Borrowing Request Exhibit C Form of Interest Election Request Exhibit D Form of Compliance Certificate Exhibit E Form of Swap Agreement Certificate Exhibit F Security Instruments Exhibit G Form of Assignment and Assumption Exhibit H Property Certificate Exhibit I Reconciliation Schedule Exhibit J-1 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-2 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-3 Form of U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit J-4 Form of U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Schedule 7.05 Litigation Schedule 7.06 Environmental Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Material Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Current Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Existing Investments THIS CREDIT AGREEMENT dated as of July 28, 2015 is among XXXXXXXX RESOURCES AMERICA INC., a Delaware corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"); each of the Lenders from time to time party hereto; and CITIBANK, N.A., a national banking association (in its individual capacity, "Citibank"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").Covenants
Appears in 1 contract
