Common use of Increased Costs Break Funding Payments Taxes Illegality Clause in Contracts

Increased Costs Break Funding Payments Taxes Illegality. Section 5.01 Increased Costs 47 Section 5.02 Break Funding Payments 48 Section 5.03 Taxes 48 Section 5.04 Designation of Different Lending Office 51 Section 5.05 Illegality 52 Section 6.01 Effective Date 53 Section 6.02 Each Credit Event 55 Section 6.03 Additional Conditions to Credit Events 56 Section 7.01 Organization; Powers 56 Section 7.02 Authority; Enforceability 56 Section 7.03 Approvals; No Conflicts 56 Section 7.04 Financial Condition; No Material Adverse Change 57 Section 7.05 Litigation 57 Section 7.06 Environmental Matters 58 Section 7.07 Compliance with the Laws and Agreements; No Defaults 59 Section 7.08 Investment Company Act 59 Section 7.09 Taxes 59 Section 7.10 ERISA 59 Section 7.11 Disclosure; No Material Misstatements 60 Section 7.12 Insurance 61 Section 7.13 Restriction on Liens 61 Section 7.14 Subsidiaries 61 Section 7.15 Location of Business and Offices 61 Section 7.16 Properties; Titles, Etc. 62 Section 7.17 Maintenance of Properties 62 Section 7.18 Gas Imbalances, Prepayments 63 Section 7.19 Marketing of Production 63 Section 7.20 Swap Agreements 63 Section 7.21 Use of Loans and Letters of Credit 63 Section 7.22 Solvency 64 Section 7.23 Casualty Events 64 Section 7.24 Material Agreements 64 Section 7.25 No Brokers 64 Section 7.26 Reliance 65 Section 7.27 Payments by Purchasers of Production 65 Section 7.28 Existing Accounts Payable 65 Section 7.29 Foreign Corrupt Practices 65 Section 7.30 Money Laundering 65 Section 7.31 OFAC 66 Section 8.01 Financial Statements; Ratings Change; Other Information 66 Section 8.02 Notices of Material Events 70 Section 8.03 Existence; Conduct of Business 70 Section 8.04 Payment of Obligations 71 Section 8.05 Performance of Obligations under Loan Documents 71 Section 8.06 Operation and Maintenance of Properties 71 Section 8.07 Insurance 72 Section 8.08 Books and Records; Inspection Rights 72 Section 8.09 Compliance with Laws 72 Section 8.10 Environmental Matters 72 Section 8.11 Further Assurances 73 Section 8.12 Reserve Reports 74 Section 8.13 Title Information 75 Section 8.14 Additional Collateral; Additional Guarantors 76 Section 8.15 ERISA Compliance 77 Section 8.16 Swap Agreements 77 Section 8.17 Marketing Activities 77 Section 8.18 Disclosures 78 Section 8.19 Post-Closing 78 Section 9.01 Financial Covenants 78 Section 9.02 Debt 78 Section 9.03 Liens 79 Section 9.04 Dividends and Distributions 79 Section 9.05 Investments, Loans and Advances 79 Section 9.06 Nature of Business 80 Section 9.07 Limitation on Leases 80 Section 9.08 Proceeds of Notes 80 Section 9.09 ERISA Compliance 81 Section 9.10 Sale or Discount of Receivables 81 Section 9.11 Mergers, Etc 81 Section 9.12 Sale of Properties 81 Section 9.13 Environmental Matters 82 Section 9.14 Material Agreements 82 Section 9.15 Transactions with Affiliates 82 Section 9.16 Subsidiaries 83 Section 9.17 Negative Pledge Agreements; Dividend Restrictions 83 Section 9.18 Gas Imbalances, Take-or-Pay or Other Prepayments 83 Section 9.19 Swap Agreements 83 Section 9.20 Sale and Leasebacks 83 Section 9.21 Amendments to Organizational Documents 84 Section 10.01 Events of Default 84 Section 10.02 Remedies 86 Section 11.01 Appointment; Powers 87 Section 11.02 Duties and Obligations of Administrative Agent 87 Section 11.03 Action by Administrative Agent 88 Section 11.04 Reliance by Administrative Agent 89 Section 11.05 Subagents 89 Section 11.06 Resignation or Removal of Administrative Agent 89 Section 11.07 Administrative Agent as Lender 90 Section 11.08 No Reliance 90 Section 11.09 Administrative Agent May File Proofs of Claim 91 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 91

Increased Costs Break Funding Payments Taxes Illegality. Section 5.01 5.01. Increased Costs 47 52 Section 5.02 5.02. Break Funding Payments 48 53 Section 5.03 5.03. Taxes 48 54 Section 5.04 Designation 5.04. Mitigation Obligations; Replacement of Different Lending Office 51 Lenders 57 Section 5.05 5.05. Illegality 52 59 Section 6.01 6.01. Effective Date 53 59 Section 6.02 6.02. Each Credit Event 55 61 Section 6.03 Additional Conditions to Credit Events 56 Section 7.01 7.01. Organization; Powers 56 63 Section 7.02 7.02. Authority; Enforceability 56 63 Section 7.03 7.03. Approvals; No Conflicts 56 63 Section 7.04 7.04. Financial Condition; No Material Adverse Change 57 64 Section 7.05 7.05. Litigation 57 64 Section 7.06 7.06. Environmental Matters 58 64 Section 7.07 7.07. Compliance with the Laws and Agreements; No Defaults 59 65 Section 7.08 7.08. Investment Company Act 59 65 Section 7.09 7.09. Taxes 59 66 Section 7.10 7.10. ERISA 59 66 Section 7.11 7.11. Disclosure; No Material Misstatements 60 67 Section 7.12 7.12. Insurance 61 67 Section 7.13 7.13. Restriction on Liens 61 67 Section 7.14 7.14. Subsidiaries 61 68 Section 7.15 7.15. Location of Business and Offices 61 68 Section 7.16 7.16. Properties; Titles, EtcEtc 68 Section 7.17. 62 Section 7.17 Maintenance of Properties 62 69 Section 7.18 7.18. Material Gas Imbalances, Prepayments 63 69 Section 7.19 7.19. Marketing of Production 63 69 Section 7.20 7.20. Swap Agreements 63 70 Section 7.21 7.21. Use of Loans and Letters of Credit 63 70 Section 7.22 7.22. Solvency 64 70 Section 7.23 Casualty Events 64 7.23. International Operations 70 Section 7.24 Material Agreements 64 7.24. Anti-Corruption Laws and Sanctions 70 Section 7.25 No Brokers 64 7.25. Security Instruments 71 Section 7.26 Reliance 65 Section 7.27 Payments by Purchasers of Production 65 Section 7.28 Existing Accounts Payable 65 Section 7.29 Foreign Corrupt Practices 65 Section 7.30 Money Laundering 65 Section 7.31 OFAC 66 Section 8.01 8.01. Financial Statements; Ratings Change; Other Information 66 71 Section 8.02 8.02. Notices of Material Events 70 75 Section 8.03 8.03. Existence; Conduct of Business 70 75 Section 8.04 8.04. Payment of Obligations 71 76 Section 8.05 8.05. Performance of Obligations under Loan Documents 71 76 Section 8.06 8.06. Operation and Maintenance of Properties 71 76 Section 8.07 8.07. Insurance 72 77 Section 8.08 8.08. Books and Records; Inspection Rights 72 77 Section 8.09 8.09. Compliance with Laws 72 77 Section 8.10 8.10. Environmental Matters 72 78 Section 8.11 8.11. Further Assurances 73 79 Section 8.12 8.12. Reserve Reports 74 79 Section 8.13 8.13. Title Information 75 80 Section 8.14 8.14. Additional Collateral; Additional Guarantors 76 81 Section 8.15 8.15. ERISA Compliance 77 82 Section 8.16 8.16. Keepwell 83 Section 8.17. Required Swap Agreements 77 83 Section 8.17 Marketing Activities 77 Section 8.18 Disclosures 78 Section 8.19 8.18. Post-Closing 78 Amendment Obligations 83 Section 9.01 9.01. Financial Covenants 78 84 Section 9.02 9.02. Debt 78 84 Section 9.03 9.03. Liens 79 86 Section 9.04 Dividends 9.04. Dividends, Distributions and Distributions 79 Redemptions; Redemption of Permitted Senior Debt 86 Section 9.05 9.05. Investments, Loans and Advances 79 87 Section 9.06 9.06. Nature of Business 80 Business; International Operations 89 Section 9.07 9.07. Limitation on Leases 80 89 Section 9.08 9.08. Proceeds of Notes 80 Loans 89 Section 9.09 9.09. ERISA Compliance 81 90 Section 9.10 9.10. Sale or Discount of Receivables 81 91 Section 9.11 9.11. Mergers, Etc 81 91 Section 9.12 9.12. Sale of Properties 81 91 Section 9.13 9.13. Environmental Matters 82 92 Section 9.14 Material Agreements 82 Section 9.15 9.14. Transactions with Affiliates 82 92 Section 9.16 9.15. Subsidiaries 83 92 Section 9.17 9.16. Negative Pledge Agreements; Dividend Restrictions 83 92 Section 9.18 9.17. Gas Imbalances, Take-or-Pay or Other Prepayments 83 92 Section 9.19 9.18. Swap Agreements 83 92 Section 9.20 Sale and Leasebacks 83 9.19. Marketing Activities 94 Section 9.21 Amendments to Organizational Documents 84 9.20. Maintenance of Deposit Accounts 94 Section 10.01 9.21. Excluded Subsidiary 94 Section 10.01. Events of Default 84 95 Section 10.02 10.02. Remedies 86 97 Section 11.01 11.01. Appointment; Powers 87 99 Section 11.02 Duties and Obligations of Administrative Agent 87 11.02. Rights as a Lender 99 Section 11.03 Action by Administrative Agent 88 11.03. Exculpatory Provisions 99 Section 11.04 11.04. Reliance by Administrative Agent 89 100 Section 11.05 Subagents 89 11.05. Delegation of Duties 101 Section 11.06 11.06. Resignation or Removal of Administrative Agent 89 and/or Issuing Bank 101 Section 11.07 11.07. Non-Reliance on Administrative Agent as Lender 90 and Other Lenders 102 Section 11.08 11.08. No Reliance 90 Other Duties, etc 102 Section 11.09 11.09. Administrative Agent May File Proofs of Claim 91 102 Section 11.10 Authority of Administrative Agent to Release 11.10. Collateral and Guaranty Matters 103 Section 11.11. Secured Swap Agreements and Secured Treasury Management Agreements 104 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 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 91Schedule 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").

Increased Costs Break Funding Payments Taxes Illegality. Section 5.01 Increased Costs 47 38 Section 5.02 Break Funding Payments 48 38 Section 5.03 Taxes 48 39 Section 5.04 Designation Mitigation Obligations; Replacement of Different Lending Office 51 Lenders 41 Section 5.05 Illegality 52 42 Section 5.06 Alternate Rate of Interest 42 Section 6.01 Effective Date 53 42 Section 6.02 Each Credit Event 55 Section 6.03 Additional Conditions to Credit Events 56 45 Section 7.01 Organization; Powers 56 45 Section 7.02 Authority; Enforceability 56 45 Section 7.03 Approvals; No Conflicts 56 46 Section 7.04 Financial Condition; No Material Adverse Change 57 46 Section 7.05 Litigation 57 46 Section 7.06 Environmental Matters 58 46 Section 7.07 Compliance with the Laws and Agreements; No Defaults 59 47 Section 7.08 Investment Company Act 59 47 Section 7.09 Taxes 59 47 Section 7.10 ERISA 59 48 Section 7.11 Disclosure; No Material Misstatements 60 48 Section 7.12 Insurance 61 48 Section 7.13 Restriction on Liens 61 49 Section 7.14 Subsidiaries 61 49 Section 7.15 Location of Business and Offices 61 49 Section 7.16 Properties; Titles, Etc. 62 49 Section 7.17 Maintenance of Properties 62 50 Section 7.18 Gas Imbalances, Prepayments 63 Material Contracts 50 Section 7.19 Marketing of Production 63 Swap Agreements and Qualified ECP Guarantor 51 Section 7.20 Swap Agreements 63 Section 7.21 Use of Loans and Letters of Credit 63 51 Section 7.21 Solvency 51 Section 7.22 Solvency 64 Anti-Corruption Laws and Sanctions; USA PATRIOT Act 51 Section 7.23 Casualty Events 64 FERC 51 Section 7.24 Material Agreements 64 State Regulation 52 Section 7.25 No Brokers 64 Title to Hydrocarbons 52 Section 7.26 Reliance 65 Flood Insurance Related Matters 52 Section 7.27 Payments by Purchasers of Production 65 EEA Financial Institutions 52 Section 7.28 Existing Accounts Payable 65 Section 7.29 Foreign Corrupt Practices 65 Section 7.30 Money Laundering 65 Section 7.31 OFAC 66 Section 8.01 Financial Statements; Ratings Change; Other Information 66 Section 8.02 Notices of Material Events 70 Section 8.03 Existence; Conduct of Business 70 Section 8.04 Payment of Obligations 71 Section 8.05 Performance of Obligations under Loan Documents 71 Section 8.06 Operation and Maintenance of Properties 71 Section 8.07 Insurance 72 Section 8.08 Books and Records; Inspection Rights 72 Section 8.09 Compliance with Laws 72 Section 8.10 Environmental Matters 72 Section 8.11 Further Assurances 73 Section 8.12 Reserve Reports 74 Section 8.13 Title Information 75 Section 8.14 Additional Collateral; Additional Guarantors 76 Section 8.15 ERISA Compliance 77 Section 8.16 Swap Agreements 77 Section 8.17 Marketing Activities 77 Section 8.18 Disclosures 78 Section 8.19 Post-Closing 78 Section 9.01 Financial Covenants 78 Section 9.02 Debt 78 Section 9.03 Liens 79 Section 9.04 Dividends and Distributions 79 Section 9.05 Investments, Loans and Advances 79 Section 9.06 Nature of Business 80 Section 9.07 Limitation on Leases 80 Section 9.08 Proceeds of Notes 80 Section 9.09 ERISA Compliance 81 Section 9.10 Sale or Discount of Receivables 81 Section 9.11 Mergers, Etc 81 Section 9.12 Sale of Properties 81 Section 9.13 Environmental Matters 82 Section 9.14 Material Agreements 82 Section 9.15 Transactions with Affiliates 82 Section 9.16 Subsidiaries 83 Section 9.17 Negative Pledge Agreements; Dividend Restrictions 83 Section 9.18 Gas Imbalances, Take-or-Pay or Other Prepayments 83 Section 9.19 Swap Agreements 83 Section 9.20 Sale and Leasebacks 83 Section 9.21 Amendments to Organizational Documents 84 Section 10.01 Events of Default 84 Section 10.02 Remedies 86 Section 11.01 Appointment; Powers 87 Section 11.02 Duties and Obligations of Administrative Agent 87 Section 11.03 Action by Administrative Agent 88 Section 11.04 Reliance by Administrative Agent 89 Section 11.05 Subagents 89 Section 11.06 Resignation or Removal of Administrative Agent 89 Section 11.07 Administrative Agent as Lender 90 Section 11.08 No Reliance 90 Section 11.09 Administrative Agent May File Proofs of Claim 91 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 91Beneficial Ownership Certification 52

Increased Costs Break Funding Payments Taxes Illegality. Section 5.01 Increased Costs 47 61 Section 5.02 Break Funding Payments 48 62 Section 5.03 Taxes 48 62 Section 5.04 Designation Mitigation Obligations; Replacement of Different Lending Office 51 Lenders 66 Section 5.05 Illegality 52 67 Section 6.01 Effective Date 53 67 Section 6.02 Each Credit Event 55 Section 6.03 Additional Conditions to Credit Events 56 71 Section 7.01 Organization; Powers 56 72 Section 7.02 Authority; Enforceability 56 72 Section 7.03 Approvals; No Conflicts 56 73 Section 7.04 Financial Condition; No Material Adverse Change 57 73 Section 7.05 Litigation 57 74 Section 7.06 Environmental Matters 58 74 Section 7.07 Compliance with the Laws and Agreements; No Defaults 59 75 Section 7.08 Investment Company Act 59 76 Section 7.09 Taxes 59 76 Section 7.10 ERISA 59 76 Section 7.11 Disclosure; No Material Misstatements 60 76 Section 7.12 Insurance 61 77 Section 7.13 Restriction on Liens 61 77 Section 7.14 Subsidiaries 61 77 Section 7.15 Location of Business and Offices 61 78 Section 7.16 Properties; Titles, Etc. 62 Etc 78 Section 7.17 Maintenance of Properties 62 79 Section 7.18 Gas Imbalances, Prepayments 63 79 Section 7.19 Marketing of Production 63 79 Section 7.20 Swap Agreements 63 and Qualified ECP Guarantor 80 Section 7.21 Use of Loans and Letters of Credit 63 80 Section 7.22 Solvency 64 80 Section 7.23 Casualty Events 64 Anti-Corruption Laws; Sanctions 80 Section 7.24 Material Agreements 64 EEA Financial Institutions 81 Section 7.25 No Brokers 64 Section 7.26 Reliance 65 Section 7.27 Payments by Purchasers of Production 65 Section 7.28 Existing Accounts Payable 65 Section 7.29 Foreign Corrupt Practices 65 Section 7.30 Money Laundering 65 Section 7.31 OFAC 66 Security Instruments 81 Section 8.01 Financial Statements; Ratings Change; Other Information 66 82 Section 8.02 Notices of Material Events 70 85 Section 8.03 Existence; Conduct of Business 70 85 Section 8.04 Payment of Obligations 71 85 Section 8.05 Performance of Obligations under Loan Documents 71 86 Section 8.06 Operation and Maintenance of Properties 71 86 Section 8.07 Insurance 72 87 Section 8.08 Books and Records; Inspection Rights 72 87 Section 8.09 Compliance with Laws 72 87 Section 8.10 Environmental Matters 72 88 Section 8.11 Further Assurances 73 89 Section 8.12 Reserve Reports 74 89 Section 8.13 Title Information 75 91 Section 8.14 Additional Collateral; Collateral and Additional Guarantors 76 92 Section 8.15 ERISA Compliance 77 93 Section 8.16 Swap Agreements 77 Commodity Price Risk Management Policy 93 Section 8.17 Marketing Activities 77 Deposit Accounts; Commodities Accounts and Securities Accounts 93 Section 8.18 Disclosures 78 Section 8.19 Post-Closing 78 Commodity Exchange Act Keepwell Provisions 94 Section 9.01 Financial Covenants 78 94 Section 9.02 Debt 78 95 Section 9.03 Liens 79 Section 9.04 Dividends and Distributions 79 Section 9.05 Investments, Loans and Advances 79 Section 9.06 Nature of Business 80 Section 9.07 Limitation on Leases 80 Section 9.08 Proceeds of Notes 80 Section 9.09 ERISA Compliance 81 Section 9.10 Sale or Discount of Receivables 81 Section 9.11 Mergers, Etc 81 Section 9.12 Sale of Properties 81 Section 9.13 Environmental Matters 82 Section 9.14 Material Agreements 82 Section 9.15 Transactions with Affiliates 82 Section 9.16 Subsidiaries 83 Section 9.17 Negative Pledge Agreements; Dividend Restrictions 83 Section 9.18 Gas Imbalances, Take-or-Pay or Other Prepayments 83 Section 9.19 Swap Agreements 83 Section 9.20 Sale and Leasebacks 83 Section 9.21 Amendments to Organizational Documents 84 Section 10.01 Events of Default 84 Section 10.02 Remedies 86 Section 11.01 Appointment; Powers 87 Section 11.02 Duties and Obligations of Administrative Agent 87 Section 11.03 Action by Administrative Agent 88 Section 11.04 Reliance by Administrative Agent 89 Section 11.05 Subagents 89 Section 11.06 Resignation or Removal of Administrative Agent 89 Section 11.07 Administrative Agent as Lender 90 Section 11.08 No Reliance 90 Section 11.09 Administrative Agent May File Proofs of Claim 91 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 9197