Common use of LIST OF DEFINED TERMS Clause in Contracts

LIST OF DEFINED TERMS. Page No. Act 88 Adjusted Eurodollar Rate 1 Administrative Agent 1 Administrative Questionnaire 1 Advance Payment 2 Advance Payment Contract 2 Affected Loans 73 Affected Type 73 Affiliate 2 Agent 2 Agents 2 Aggregate Maximum Credit Amounts 2 Agreement 2 Annualized Consolidated EBITDAX 2 Applicable Environmental Law 3 Applicable Lending Office 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing 5 Base Rate Loan 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Parties 8 Credit Party 8 Debt 8 Default 8 Default Rate 8 Defaulting Bank 9 Delta 9 Delta/Laramie Contribution Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Notice 40 Environmental Complaint 11 Equity 11 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 Event of Default 65 Events of Default 65 Exchange Act 12 Excluded Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 Fee Letter 13 FEMA 13 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Guarantors 15 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 Initial Borrowing Base 16 Initial Reserve Report 16 Interest Period 16 Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Party 87 Letter of Credit Exposure 17 Letter of Credit Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 Permitted Encumbrances 21 Permitted Investments 22 Permitted Tax Distributions 22 Person 22 Plan 22 Pre-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “Agreement”) is entered into as of June 4, 2012, among PICEANCE ENERGY, LLC, a Delaware limited liability company (“Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” and collectively “Banks”).

LIST OF DEFINED TERMS. Page No. Affiliate 1 Agreement 1 Anti-Money Laundering Laws 1 Assignment of Rents and Leases 1 Bank Secrecy Act 88 Adjusted Eurodollar Rate 2 Bankruptcy Party 38 Borrower 1 Administrative Agent 1 Administrative Questionnaire 1 Advance Payment Borrower Party 2 Advance Payment Contract Budget 2 Affected Loans 73 Affected Type 73 Affiliate Business Day 2 Agent Cap Agreement 14 Cash Liquidity Balances 2 Agents Cash on Cash Return 2 Aggregate Maximum Credit Amounts 2 Agreement 2 Annualized Consolidated EBITDAX 2 Applicable Environmental Law 3 Applicable Lending Office 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing 5 Base Rate Loan 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total 2 Collateral 2 Compliance Certificate 2 Contract Rate 10 Cornerstone REIT 2 Counterparty 15 Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Parties 8 Credit Party 8 3 Debt 8 Default 8 Service 3 Debt Service Coverage 3 Default Rate 8 Defaulting Bank 9 Delta 9 Delta/Laramie Contribution Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Notice 40 3 Environmental Complaint 11 Equity 11 Laws 3 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 21 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 1 Event of Default 65 Events of Default 65 Exchange Act 12 Excluded Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 3 Exit Fee Letter 13 FEMA 13 14 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Institution 4 Guarantors 15 4 Guaranty 4 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 Initial Borrowing Base 16 Initial Reserve Report 16 Materials 4 Interest Holder 31 Interest Period 16 4 Lender 1 Lender Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Party 87 Letter of Credit Exposure 17 Letter of Credit Claims 45 Libor Floor Rate 4 Libor Rate 4 Lien 4 Loan 5 Loan Documents 5 Loan Year 5 Loss Proceeds 5 LTV Ratio 5 Management Agreement 5 Manager 5 Maturity Date 6 Mortgage 6 Net Cash Flow 6 Note 6 OFAC 6 Operating Expenses 6 Operating Revenues 7 Origination Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 14 Patriot Act 7 Permitted Encumbrances 21 Permitted Investments 22 Permitted 7 Person 7 Potential Default 7 Project 7 Restoration Threshold 7 Secondary Market Transaction 7 Single Purpose Entity 7 Site Assessment 8 Specially Designated National and Blocked Persons 8 Spread Maintenance Amount 8 Standard Adjustments 8 Subordination of Property Management Agreement 9 Tangible Net Worth 9 Tax Distributions 22 and Insurance Escrow Reserve 9 Test Period 9 Transfer 30 U.S. Person 22 Plan 22 Pre-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving 10 UCC 9 Underwritten NOI 10 Underwritten Operating Expenses 10 Underwritten Operating Revenues 10 This Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “"Agreement”") is entered into as of June 4September 7, 20122012 between GENERAL ELECTRIC CAPITAL CORPORATION, among PICEANCE ENERGYa Delaware corporation ("Lender"), and COP - WESTERN AVE., LLC, a Delaware California limited liability company (“"Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” and collectively “Banks”").

LIST OF DEFINED TERMS. Page No. Act 88 Adjusted Eurodollar Rate Additional Rent 2 Affiliate 1 Administrative Agent Basic Lease Information 1 Administrative Questionnaire Basic Rent i Building i Building’s Structure 1 Advance Payment 2 Advance Payment Contract 2 Affected Loans 73 Affected Type 73 Affiliate 2 Agent 2 Agents 2 Aggregate Maximum Credit Amounts 2 Agreement 2 Annualized Consolidated EBITDAX 2 Applicable Environmental Law Building’s Systems 1 Casualty 14 Commencement Date i Complex 3 Applicable Lending Office 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing Controllable Excess 5 Base Rate Loan Controllable Operating Costs 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Parties 8 Credit Party 8 Debt 8 Default 8 Damage Notice 14 Default Rate 8 Defaulting Bank 9 Delta 9 Delta/Laramie Contribution Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing 5 Delivery Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Notice 40 Environmental Complaint 11 Equity 11 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 1 Delivery Obligation 1 Event of Default 65 Events of 16 GAAP 11 Generator Installation 25 Hazardous Materials 22 including 1 Initial Liability Insurance Amount ii Land i Landlord 1 Landlord Default 65 Exchange Act 18 Landlord’s Mortgagee 13 Law 1 Laws 1 Lease 1 Lease Month ii Loss 12 Excluded Monthly Amortization Rent 2 Mortgage 13 OFAC 23 Operating Costs 2 Operating Costs and Tax Statement 4 Outside Execution Date 1 Parking Area 23 Permitted Transfer 10 Permitted Transferee 10 Permitted Use ii Premises i Prevailing Rental Rate 24 Primary Lease 13 Project i Rent ii Repair Period 14 Security Deposit ii Taking 14 Tangible Net Worth 11 Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 Fee Letter 13 FEMA 13 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Guarantors 15 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified 4 Telecommunications Services 22 Tenant 1 Tenant Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 Initial Borrowing Base 16 Initial Reserve Report 16 Interest Period 16 Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Party 87 Letter of Credit Exposure 17 Letter of Credit Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 Permitted Encumbrances 21 Permitted Investments 22 Permitted Tax Distributions 22 Person 22 Plan 22 Pre1 Tenant’s Off-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Premises Equipment 1 Tenant’s Proportionate Share ii Term i Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “Agreement”) is entered into as of June 4, 2012, among PICEANCE ENERGY, LLC, a Delaware limited liability company (“Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” and collectively “Banks”).25 Termination Delivery Date 1 Termination Fee 25 Termination Notice 25 Termination Outside Date 1 Transfer 9

LIST OF DEFINED TERMS. Page No. Act 88 Adjusted Eurodollar Rate Additional Rent 2 Affiliate 1 Administrative Agent Approval Criteria 2 Architect 1 Administrative Questionnaire Base Tax Year ii Basic Lease Information 1 Advance Basic Rent i Building’s Structure 1 Building’s Systems 1 Casualty 12 Commencement Date i Completed Application for Payment 2 Advance Payment Contract 2 Affected Loans 73 Affected Type 73 Affiliate 2 Agent 2 Agents 2 Aggregate Maximum Credit Amounts 2 Agreement 2 Annualized Consolidated EBITDAX 2 Applicable Environmental Law 3 Applicable Lending Office Construction Allowance 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing 5 Base Rate Loan 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Parties 8 Credit Party 8 Debt 8 Default 8 Damage Notice 12 Default Rate 8 Defaulting Bank 9 Delta 9 Delta/Laramie Contribution Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing 3 Disabilities Acts 6, 21 Effective Termination Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Notice 40 Environmental Complaint 11 Equity 11 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 1 Estimated Delivery Date 1 Event of Default 65 Events of Default 65 Exchange Act 13 Expense Stop ii GAAP 9 Hazardous Materials 19 HVAC 4 Initial Appraiser 1 Initial Liability Insurance Amount ii Land i Landlord 1 Landlord’s Mortgagee 10 Law 1 Laws 1 Lease 1 Lease Month i Loss 10 Manager 1 Mortgage 10 Operating Costs 2 Operating Costs and Tax Statement 3 Permitted Transfer 8 Permitted Transferee 8 Permitted Use i Premises i Primary Lease 10 Project i Rent i Repair Period 12 Excluded Security Deposit i Space Plans 1 Space Plans Delivery Deadline 1 Substantial Completion 3 Substantially Completed 3 Taking 11 Tangible Net Worth 9 Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 Fee Letter 13 FEMA 13 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Guarantors 15 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified 3 Telecommunications Services 18 Tenant 1 Tenant Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 Initial Borrowing Base 16 Initial Reserve Report 16 Interest Period 16 Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Party 87 Letter of Credit Exposure 17 Letter of Credit Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 Permitted Encumbrances 21 Permitted Investments 22 Permitted Tax Distributions 22 Person 22 Plan 22 Pre1 Tenant’s Off-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “Agreement”) is entered into as of June 4, 2012, among PICEANCE ENERGY, LLC, a Delaware limited liability company (“Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” and collectively “Banks”).Premises Equipment 1 Tenant’s Proportionate Share i Term i Total Construction Costs 3 Working Drawings Delivery Deadline 1

LIST OF DEFINED TERMS. Page No. Act 88 Adjusted Eurodollar Rate AAA Rules I-1 Affiliate 1 Administrative Agent Amenities 26 Approved Construction Documents D-1 Arbitration Notice I-1 Assessment I-1 Basic Lease Information 1 Administrative Questionnaire Basic Rent i BMC Competition Notice 9 BMC Software ii Building’s Structure 1 Advance Payment 2 Advance Payment Contract 2 Affected Loans 73 Affected Type 73 Affiliate 2 Agent 2 Agents 2 Aggregate Maximum Credit Amounts 2 Agreement 2 Annualized Consolidated EBITDAX 2 Applicable Environmental Law 3 Applicable Lending Office 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing 5 Base Rate Loan 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Parties 8 Credit Party 8 Debt 8 Building’s Systems 1 Business Day 1 Cancellation Option 27 Casualty 16 Commercial Amenities 26 Competitor 10 Competitor Provisions 23 Damage Notice 16 Default 8 17 Default Rate 8 Defaulting Bank 5 Disabilities Acts 9 Delta 9 Delta/Laramie Contribution Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Electrical Capacity Allowance 6 Estimate Notice 40 Environmental Complaint 11 Equity 11 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 I-1 Event of Default 65 17 Force Majeure Events of Default 65 Exchange Act 12 Excluded 22 Hazardous Materials 25 Holidays 6 HVAC 6 Initial Liability Insurance Amount ii Land i Landlord 1 Landlord’s HVAC Costs 6 Landlord’s Mortgagee 14 Law 1 Laws 1 Lease 1 Lease Month ii Loss 13 Management Fee 2 Mortgage 14 Offer Notice M-1 Operating Expense Rent 2 Operating Expenses 3 Parking Garage G-1 Permitted Use ii Premises i Prevailing Rental Rate I-1 Primary Lease 14 Project i Property Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 Fee Letter 13 FEMA 13 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Guarantors 15 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 Initial Borrowing Base 16 Initial Reserve Report 16 Interest 5 Refusal Floor M-1 Refusal Space M-1 Renewal Exercise Notice I-1 Renewal Term I-1 Rent ii Repair Period 16 Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Security Deposit ii Suspension Notice 11 Suspension Period 11 Taking 15 Telecommunications Services 24 Tenant 1 Tenant Party 87 Letter of Credit Exposure 17 Letter of Credit Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 Permitted Encumbrances 21 Permitted Investments 22 Permitted Tax Distributions 22 Person 22 Plan 22 Pre1 Tenant’s Off-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “Agreement”) is entered into as of June 4, 2012, among PICEANCE ENERGY, LLC, a Delaware limited liability company (“Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” and collectively “Banks”).Premises Equipment 1 Tenant’s Plans D-1 Term i Transfer 10

LIST OF DEFINED TERMS. Page No. Act 88 Adjusted Eurodollar Rate Additional Property Information 6 Agreement 1 Administrative Assignment 13 Broker 1 Casualty Notice 11 CERCLA 21 Closing 12 Closing Date 2 Code 17 Deed 13 Due Diligence Termination Notice 7 Xxxxxxx Money 1 Effective Date 2 ERISA 17 Escrow Agent 1 Administrative Questionnaire 1 Advance Payment Exchange 25 Hazardous Material 21 Hazardous Materials 21 Improvements 3 Independent Consideration 5 Inspection Period 2 Advance Payment Contract 2 Affected Loans 73 Affected Type 73 Affiliate 2 Agent 2 Agents 2 Aggregate Maximum Credit Amounts 2 Agreement 2 Annualized Consolidated EBITDAX 2 Applicable Environmental Law Intangible Personal Property 4 Land 3 Applicable Lending Office Lease Files 6 Leases 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer Leasing Costs 16 License Agreements 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing Material Damage 11 Materially Damaged 11 Natural Gas Liquids 21 OFAC 18 Operating Statements 5 Base Rate Loan 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Permitted Exceptions 9 Permitted Outside Parties 8 Credit Party 8 Debt 8 Default 8 Default Rate 8 Defaulting Bank Petroleum 21 Plan 17 Pollutant or Contaminant 21 Property 3 Property Documents 7 Property Information 5 Proposed Purchase Price Allocation 9 Delta Purchase Price 1 Purchaser 1 Real Property 3 Rent Roll 5 Report 7 Reports 7 Seller 1 Seller’s Representatives 18 Service Contracts 4 Survey 9 Delta/Laramie Contribution Survival Period 18 Tangible Personal Property 4 Taxes 14 Tenant Receivables 15 Title and Survey Review Period 2 Title Commitment 9 Title Commitment Delivery Date 2 Title Company 1 Title Policy 10 to Seller’s knowledge 18 to the best of Seller’s knowledge 18 Unbilled Tenant Receivables 15 Uncollected Delinquent Tenant Receivables 15 This Purchase and Sale Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Notice 40 Environmental Complaint 11 Equity 11 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 Event of Default 65 Events of Default 65 Exchange Act 12 Excluded Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 Fee Letter 13 FEMA 13 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Guarantors 15 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 Initial Borrowing Base 16 Initial Reserve Report 16 Interest Period 16 Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Party 87 Letter of Credit Exposure 17 Letter of Credit Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 Permitted Encumbrances 21 Permitted Investments 22 Permitted Tax Distributions 22 Person 22 Plan 22 Pre-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “Agreement”) is made and entered into as of June 4, 2012, among PICEANCE ENERGY, LLC, a Delaware limited liability company (“Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), by and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” between Purchaser and collectively “Banks”)Seller.

LIST OF DEFINED TERMS. Page No. Act 88 Adjusted Eurodollar Rate Additional Rent 2 Advocate Arbitrators 2 Affiliate 1 Administrative Agent 1 Administrative Questionnaire 1 Advance Payment 2 Advance Payment Contract 2 Affected Loans 73 Affected Type 73 Affiliate 2 Agent 2 Agents 2 Aggregate Maximum Credit Amounts 2 Arbitration Agreement 2 Annualized Consolidated EBITDAX Award 2 Applicable Environmental Law Basic Lease Information iii Basic Rent i Briefs 2 Building i Building's Structure 1 Building's System 1 Casualty 12 Commencement Date i Comparable Area 3 Applicable Lending Office Comparable Buildings 3 Applicable Margin 3 Approved Fund 3 Approved Petroleum Engineer 4 Arrangers 4 ASC 4 Asset Disposition 4 Assignment and Acceptance Agreement 4 Authorized Officer 4 Availability 4 Bank 4 Bank Products 4 Bankruptcy Court 4 Banks 4 Base Rate Borrowing 5 Base Rate Loan 5 Board 5 Bookrunners 5 Borrower 5 Borrower Pledge Agreement 5 Borrowing 5 Borrowing Base Deficiency 5 Borrowing Base Properties 5 Borrowing Date 6 Certificate of Ownership Interests 6 Change of Control 6 Closing Date 6 Code 6 Commitment 6 Commitment Fee Percentage 6 Commitment Percentage 6 Consolidated Current Assets 6 Consolidated Current Liabilities 7 Consolidated EBITDAX 7 Consolidated Net Income 7 Consolidated Net Interest Expense 7 Consolidated Subsidiaries 8 Consolidated Subsidiary 8 Consolidated Total Debt 8 Continuation 8 Continue 8 Continued 8 contract rate 32 Conversion 8 Conversion Date 31 Convert 8 Converted 8 Credit Parties 8 Credit Party 8 Debt 8 Default 8 Damage Notice 12 Default Rate 8 Defaulting Bank 9 Delta 9 Delta/Laramie Contribution Agreement 9 Delta/Laramie Management Services Agreement 9 Delta/Laramie Transaction 9 Delta/Laramie Transaction Borrowing Base 10 Delta/Laramie Transaction Closing Date 10, 44 Delta/Laramie Transaction Documents 10 Delta/Laramie Transaction Properties 10 Designated Equityholders 10 Distribution 10 Domestic Business Day 10 Domestic Lending Office 11 Election Notice 40 3 Disabilities Acts 6 Environmental Complaint 11 Equity 11 ERISA 11 ERISA Affiliate 11 ERISA Event 11 Eurodollar Borrowing 5 Eurodollar Business Day 11 Eurodollar Lending Office 11 Eurodollar Loans 12 Eurodollar Rate 12 Laws 19 Event of Default 65 Events of Default 65 Exchange Act 13 Exercise Conditions 1 Exercise Notice 1 First Rebuttals 2 GAAP 9 Haz Mat Documents 21 Hazardous Material(s) 19 Hazardous Materials List 21 Including 1 Initial Liability Insurance Amount ii Intention to Transfer Notice 8 Land i Landlord 1 Landlord's Initial Statements 2 Landlord's Mortgagee 10 Landlord's Option Rent Calculation 1 Landlord's Rebuttal Statement 2 Law 1 Laws 1 Lease 1 Lease Year i Leased Personal Property 1 Loss 10 Market Rent 1 Mortgage 10 Neutral Appraiser 2 Neutral Arbitrator 2 OFAC 22 Operating Costs 2 Option 1 Option Rent 1 Option Term 1 Outside Agreement Date 1 Permitted Transfer 8 Permitted Transferee 8 Permitted Use ii Premises i Proposition 13 3 Rent i Repair Period 12 Excluded Second Rebuttals 2 Security Deposit i Taking 11 Tangible Net Worth 9 Taxes 12 Exhibit 12 FATCA 12 FCPA 12 Federal Flood Insurance 13 Federal Funds Rate 13 Fee Letter 13 FEMA 13 Financial Officer 13 Fiscal Quarter 13 Fiscal Year 13 Flood Insurance 13 Flood Insurance Regulations 14 Foreign Bank 14 Fund 14 GAAP 14 Gas Balancing Agreement 14 Governmental Authority 14 Guarantee 14 Guarantor 15 Guarantors 15 Hazardous Discharge 15 Hazardous Substance 15 Hedge Agreements 15 Hedge Monetization 15 Hedge Transaction 15 Hydrocarbons 15 Immaterial Title Deficiencies 15 Indemnified 3 Tenant 1 Tenant Party 80 Indemnified Taxes 16 Indirect Restricted Subsidiary 27 Indirect Subsidiary 16 1 Tenant Response Date 1 Tenant Response Notice 1 Tenant's Initial Borrowing Base 16 Initial Reserve Report 16 Interest Period 16 Investment 16 JPMorgan 17 JPMS 17 Laramie 17 Laws 17 Lending Office 17 Lending Party 87 Letter of Credit Exposure 17 Letter of Credit Fee 17 Letter of Credit Fronting Fee 17 Letter of Credit Issuer 17, 33 Letter of Credit Sublimit 18 Letters of Credit 18 Lien 18 Loan Papers 18 Margin Regulations 18 Margin Stock 18 Material Adverse Change 18 Material Adverse Effect 18 Material Agreement 18 Material Gas Imbalance 18 Maximum Credit Amount 19 Maximum Lawful Rate 19 Mineral Interests 19 Monthly Date 19 Mortgages 19 National Flood Insurance Program 20 Note 20 Notes 20 Notice of Continuation or Conversion 31 Obligations 20 OFAC 20 Oil and Gas Hedge Transaction 20 Other Taxes 20 Outstanding Credit 20 Parent Guarantor 21 Parent Guarantors 21 Parent Limited Guaranty 21 Parent Pledge Agreement 21 Participant 21 Participant Register 84 Participants 83 PBGC 21 Permitted Encumbrances 21 Permitted Investments 22 Permitted Tax Distributions 22 Person 22 Plan 22 Pre-Closing Date Projections 23 Prime Rate 23 Pro Forma Opening Statements 23 Proved Mineral Interests 23 Proved Nonproducing Mineral Interests 23 Proved Producing Mineral Interests 23 Proved Undeveloped Mineral Interests 23 Purchasers 84 Quarterly Date 23 RCRA 54 Recognized Value 23 Redetermination 24 Redetermination Date 24 Register 86 Regulation D 24 Regulation U 24 Request for Letter of Credit 24 Required Banks 24 Required Reserve Value 24 Reserve Report 24 Reserve Requirement 25 Restricted Payment 25 Restricted Subsidiary 25 Revolving Loan 25 Rolling Period 26 Schedule 26 Scheduled Redetermination 26 SEC 26 Section 26 Secured Affiliate 26 Secured Hedge Provider 26 Special Flood Hazard Area 26 Special Redetermination 26 Subsidiary 26 Subsidiary Guaranty 26 Subsidiary Pledge Agreement 27 Syndication Agent 27 Tax 27 Taxes 27 Termination Date 27 Transferee 86 Type 27 Unrestricted Subsidiary 27 Xxxxx Fargo 27 WFS 27 Withholding Agent 27 THIS CREDIT AGREEMENT (this “Agreement”) is entered into as of June 4, 2012, among PICEANCE ENERGY, LLC, a Delaware limited liability company (“Borrower”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent (“Syndication Agent”), and the financial institutions listed on Schedule 1.1 hereto as Banks (individually a “Bank” and collectively “Banks”).2 Tenant's Option Rent Calculation 1 Tenant's Rebuttal Statement 2 Term i Transfer 7