ORAL AGREEMENTS. THIS WRITTEN AGREEMENT AND THE LOAN DOCUMENTS, AS DEFINED IN THIS AGREEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. EXECUTED as of the date first above written. MARINER ENERGY, INC. By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Vice President and Chief Financial Officer MARINER ENERGY RESOURCES, INC. By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Vice President and Chief Financial Officer UNION BANK OF CALIFORNIA, N.A., as Administrative Agent and as Issuing Lender By: /s/ Dxxxxx Xxxxxxxxx Dxxxxx Xxxxxxxxx Senior Vice President UNION BANK OF CALIFORNIA, N.A. By: /s/ Dxxxxx Xxxxxxxxx Dxxxxx Xxxxxxxxx Senior Vice President BNP PARIBAS By: /s/ Gxxx Xxxxxxx Name: Gxxx Xxxxxxx Title: Vice President By: /s/ Pxxxx Xxxxxx Name: Pxxxx Xxxxxx Title: Vice President JX XXXXXX CHASE BANK, N.A. By: /s/ Cxxxxxx Xxxxxxxxx-Xxxxx Name: Cxxxxxx Xxxxxxxxx-Xxxxx Title: Senior Vice President NATEXIS BANQUES POPULAIRES By: /s/ Dxxxxxx X. Xxxxxxxxx Name: Dxxxxxx X. Xxxxxxxxx Title: Vice President & Group Manager By: /s/ Txxxxxx X. Xxxxxxx Name: Txxxxxx X. Xxxxxxx Title: Vice President & Group Manager GUARANTY BANK By: /s/ Kxxxx X. Xxxxxx III Name: Kxxxx X. Xxxxxx III Title: Senior Vice President CALYON NEW YORK BRANCH By: /s/ Mxxxxxx Xxxxxx Name: Mxxxxxx Xxxxxx Title: Vice President By: /s/ Bxxxxxxx Cord’homme Name: Bxxxxxxx Cord’homme Title: Director AMEGY BANK NATIONAL ASSOCIATION By: /s/ Kxxxxxx X. Xxxxxx, III Name: Kxxxxxx X. Xxxxxx, III Title: Vice President DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK FRANKFURT AM MAIN, NEW YORK BRANCH By: /s/ Wxxxxxx X. Xxxx Name: Wxxxxxx X. Xxxx Title: Senior Vice President By: /s/ Rxxxxxx X. Xxxxxxxx Name: Rxxxxxx X. Xxxxxxxx Title: First Vice President CITICORP USA, INC. By: /s/ Dxxxx X. Xxxx Name: Dxxxx X. Xxxx Title: Vice President WXXXX FARGO BANK, NATIONAL ASSOCIATION By: /s/ Jo Axx Xxxxxxx Name: Jo Axx Xxxxxxx Title: Vice President HXXXXX XXXXXXX FINANCING, INC. By: /s/ Jxxxx X. Xxxxxx Name: Jxxxx X. Xxxxxx Title: Vice President COMERICA BANK By: /s/ Jxxx Xxxxxx Name: Jxxx Xxxxxx Title: Vice President Level I 0.000 % 1.25 % 0.375 % Level II 0.000 % 1.50 % 0.375 % Level III 0.250 % 1.75 % 0.250 % Level IV 0.500 % 2.00 % 0.250 % * Utilization Levels are described below and are determined in accordance with the definition of “Utilization Level.” 1. Level I: If the Utilization Level is less than or equal to 50%. 2. Level II: If the Utilization Level is greater than 50% but less than or equal to 75%. 3. Level III: If the Utilization Level is greater than 75% but less than or equal to 90% 4. Level IV: If the Utilization Level is greater than 90% Mariner Energy, Inc. Mariner Energy Resources, Inc. c/o Mariner Energy, Inc. One BriarLake Plaza, Suite 2000 2000 Xxxx Xxx Xxxxxxx Parkway South Houston, Texas 77042 Facsimile Number: 700-000-0000 Attention: Rxxx Xxxxxx Union Bank of California, N.A. 400 Xxxxx Xxxxxxxx Xxxxxx, 15th Floor Los Angeles, California 90071 Facsimile Number: 200-000-0000 Attention: Dxx Xxxxx 4000 Xxxxxxx Xxxxx 500 X. Xxxxx Dallas, Texas 75201 Facsimile Number: 200-000-0000 Attention: Dxxxxx Xxxxxxxxx
Appears in 2 contracts
Samples: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc)
ORAL AGREEMENTS. THIS WRITTEN AGREEMENT AND THE LOAN DOCUMENTS, AS DEFINED IN THIS AGREEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. EXECUTED as of the date first above written. MARINER ENERGY, INC. BORROWER: EDGE PETROLEUM CORPORATION By: /s/ Rxxx Xxxxxxx X. Xxxxxx Rxxx Xxxx Name: Xxxxxxx X. Xxxxxx Xxxx Title: Executive Vice President and Chief Financial Officer MARINER ENERGY RESOURCES, INC. By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Vice President and Chief Financial Officer & CFO UNION BANK OF CALIFORNIA, N.A., as Administrative Agent Agent, Issuing Lender and as Issuing a Lender By: /s/ Dxxxxx Xxxxxx X. Xxxxxxxxx Dxxxxx Name: Xxxxxx X. Xxxxxxxxx Title: Senior Vice President UNION BANK OF CALIFORNIAJPMORGAN CHASE BANK, N.A. By: /s/ Dxxxxx Jo Xxxxx Xxxxxxxxx Dxxxxx Name: Jo Xxxxx Xxxxxxxxx Title: Vice President SUNTRUST BANK By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Vice President MIZUHO CORPORATE BANK, LTD. By: /s/ Xxxx Mo Name: Xxxx Mo Title: Senior Vice President BNP PARIBAS By: /s/ Gxxx Xxxxxxx Xxxxx Xxxxxx Name: Gxxx Xxxxxxx Xxxxx Xxxxxx Title: Vice President Director By: /s/ Pxxxx Xxxxxx Name: Pxxxx Xxxxxx Title: Vice President JX XXXXXX CHASE BANK, N.A. By: /s/ Cxxxxxx Xxxxxxxxx-Xxxxx Name: Cxxxxxx Xxxxxxxxx-Xxxxx Title: Senior Vice President NATEXIS BANQUES POPULAIRES By: /s/ Dxxxxxx X. Xxxxxxxxx Name: Dxxxxxx X. Xxxxxxxxx Title: Vice President & Group Manager By: /s/ Txxxxxx X. Xxxxxxx Name: Txxxxxx X. Xxxxxxx Title: Vice President & Group Manager GUARANTY BANK By: /s/ Kxxxx X. Xxxxxx III Name: Kxxxx X. Xxxxxx III Title: Senior Vice President CALYON NEW YORK BRANCH By: /s/ Mxxxxxx Xxxxxx Name: Mxxxxxx Xxxxxx Title: Vice President By: /s/ Bxxxxxxx Cord’homme Name: Bxxxxxxx Cord’homme Title: Director AMEGY BANK NATIONAL ASSOCIATION By: /s/ Kxxxxxx X. Xxxxxx, III Name: Kxxxxxx X. Xxxxxx, III Title: Vice President DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK FRANKFURT AM MAIN, NEW YORK BRANCH By: /s/ Wxxxxxx X. Xxxx Name: Wxxxxxx X. Xxxx Title: Senior Vice President By: /s/ Rxxxxxx X. Xxxxxxxx Name: Rxxxxxx X. Xxxxxxxx Title: First Vice President CITICORP USA, INC. By: /s/ Dxxxx X. Xxxx Name: Dxxxx X. Xxxxxxx Xxxx Title: Vice President WXXXX FARGO BANK, NATIONAL ASSOCIATION By: /s/ Jo Axx Xxxxxxx Name: Jo Axx Xxxxxxx Title: Vice President HXXXXX XXXXXXX FINANCING, INCFORTIS CAPITAL CORP. By: /s/ Jxxxx X. Xxxxxxx Xxxxxx Name: Jxxxx X. Xxxxxxx Xxxxxx Title: Vice President COMERICA BANK Managing Director By: /s/ Jxxx Xxxxxx Xxxxx Xxxxx Name: Jxxx Xxxxxx Xxxxx Xxxxx Title: Vice President Level I 0.000 % 1.25 % 0.375 % Level II 0.000 % 1.50 % 0.375 % Level III 0.250 % 1.75 % 0.250 % Level IV 0.500 % 2.00 % 0.250 % * Utilization Levels are described below and are determined in accordance with the definition of “Utilization Level.”
1. Level I: If the Utilization Level is less than or equal to 50%. 2. Level II: If the Utilization Level is greater than 50% but less than or equal to 75%. 3. Level III: If the Utilization Level is greater than 75% but less than or equal to 90% 4. Level IV: If the Utilization Level is greater than 90% Mariner Energy, Inc. Mariner Energy Resources, Inc. c/o Mariner Energy, Inc. One BriarLake Plaza, Suite 2000 2000 Xxxx Xxx Xxxxxxx Parkway South Houston, Texas 77042 Facsimile Number: 700-000-0000 Attention: Rxxx Xxxxxx Union Bank of California, N.A. 400 Xxxxx Xxxxxxxx Xxxxxx, 15th Floor Los Angeles, California 90071 Facsimile Number: 200-000-0000 Attention: Dxx Xxxxx 4000 Xxxxxxx Xxxxx 500 X. Xxxxx Dallas, Texas 75201 Facsimile Number: 200-000-0000 Attention: Dxxxxx XxxxxxxxxPresident
Appears in 1 contract
ORAL AGREEMENTS. THIS WRITTEN AGREEMENT AND THE LOAN DOCUMENTS, AS DEFINED IN THIS AGREEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. EXECUTED as of the date first above written. MARINER ENERGY, INC. By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Vice President and Chief Financial Officer MARINER ENERGY RESOURCES, INC. By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Xxxx Xxxx Xxxx Xxxx Vice President and Chief Financial Officer UNION BANK OF CALIFORNIA, N.A., as Administrative Agent Agent, Issuing Lender and as Issuing a Lender By: /s/ Dxxxxx Xxxxxxxxx Dxxxxx Xxxxxxxxx Xxxx Xxxxxxxx Xxxx Xxxxxxxx, Senior Vice President UNION BANK OF CALIFORNIA, N.A. By: /s/ Dxxxxx Xxxxxxxxx Dxxxxx Xxxxxxxxx Xxxxxxxxxxx X. Parade Name: Xxxxxxxxxxx X. Parade Title: Senior Vice President BNP PARIBAS By: /s/ Gxxx Xxxxxxx Xxxxxxxx de Lathauwer Name: Gxxx Xxxxxxx Xxxxxxxx de Lathauwer Title: Senior Vice President By: /s/ Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: President By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Vice President By: /s/ Pxxxx Xxxxxx X. Xxxxxxxxx Name: Pxxxx Xxxxxx X. Xxxxxxxxx Title: Vice President JX XXXXXX CHASE BANKBANK OF SCOTLAND, N.A. a Scottish Banking Corporation acting through its New York Branch By: /s/ Cxxxxxx Xxxxxxxxx-Xxxxx Xxxxx Name: Cxxxxxx Xxxxxxxxx-Xxxxx Xxxxx Title: Senior Assistant Vice President NATEXIS BANQUES POPULAIRES By: /s/ Dxxxxxx Xxxxxxx X. Xxxxxxxxx Name: Dxxxxxx Xxxxxxx X. Xxxxxxxxx Title: Vice President & Group Manager By: /s/ Txxxxxx Xxxxx X. Xxxxxxx Xxxxxxx, III Name: Txxxxxx Xxxxx X. Xxxxxxx Xxxxxxx, III Title: Vice President & Group Manager GUARANTY BANK By: /s/ Kxxxx Xxxxx X. Xxxxxx III Xxxxxxxx Name: Kxxxx Xxxxx X. Xxxxxx III Title: Senior Vice President CALYON NEW YORK BRANCH By: /s/ Mxxxxxx Xxxxxx Name: Mxxxxxx Xxxxxx Title: Vice President By: /s/ Bxxxxxxx Cord’homme Name: Bxxxxxxx Cord’homme Title: Director AMEGY BANK NATIONAL ASSOCIATION By: /s/ Kxxxxxx X. Xxxxxx, III Name: Kxxxxxx X. Xxxxxx, III Title: Vice President DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK FRANKFURT AM MAIN, NEW YORK BRANCH By: /s/ Wxxxxxx X. Xxxx Name: Wxxxxxx X. Xxxx Xxxxxxxx Title: Senior Vice President By: /s/ Rxxxxxx X. Xxxxxxxx Xxxxxx Xxxxxx Name: Rxxxxxx X. Xxxxxxxx Xxxxxx Xxxxxx Title: First Vice Vice-President CITICORP USA, INC. By: /s/ Dxxxx X. Xxxx Name: Dxxxx X. Xxxx Title: Vice President WXXXX FARGO BANK, NATIONAL ASSOCIATION By: /s/ Jo Axx Xxxxxxx Name: Jo Axx Xxxxxxx Title: Vice President HXXXXX XXXXXXX FINANCING, INC. By: /s/ Jxxxx X. Xxxxxx Name: Jxxxx Xxxx X. Xxxxxx Title: Vice President COMERICA BANK By: /s/ Jxxx Xxxxxx Name: Jxxx Xxxxxx Title: Senior Vice President Level I 0.000 Equal to or greater than 90% 1.25 1.75 % 0.00 % 1.75 % 0.375 % Level II 0.000 Less than 90% but equal to or greater than 75% 1.50 % 0.375 0.00 % 1.50 % 0.300 % Level III 0.250 Less than 75% 1.75 but equal to or greater than 50% 1.25 % 0.00 % 1.25 % 0.250 % Level IV 0.500 % 2.00 % 0.250 % * Utilization Levels are described below and are determined in accordance with the definition of “Utilization Level.”
1. Level I: If the Utilization Level is less than or equal to 50%. 2. Level II: If the Utilization Level is greater Less than 50% but less than or equal to 751.00 % 0.00 % 1.00 % 0.200 %. 3. Level III: If the Utilization Level is greater than 75% but less than or equal to 90% 4. Level IV: If the Utilization Level is greater than 90% Mariner Energy, Inc. Mariner Energy Resources, Inc. c/o Mariner Energy, Inc. One BriarLake Plaza, Suite 2000 2000 Xxxx Xxx Xxxxxxx Parkway South Houston, Texas 77042 Facsimile Number: 700-000-0000 Attention: Rxxx Xxxxxx Union Bank of California, N.A. 400 Xxxxx Xxxxxxxx Xxxxxx, 15th Floor Los Angeles, California 90071 Facsimile Number: 200-000-0000 Attention: Dxx Xxxxx 4000 Xxxxxxx Xxxxx 500 X. Xxxxx Dallas, Texas 75201 Facsimile Number: 200-000-0000 Attention: Dxxxxx Xxxxxxxxx
Appears in 1 contract
ORAL AGREEMENTS. THIS WRITTEN AGREEMENT AND AGREEMENT, THE LOAN DOCUMENTS, AND ANY HEDGE CONTRACTS WITH SWAP COUNTERPARTIES, AS DEFINED IN THIS AGREEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. EXECUTED as of the date first above written. MARINER ENERGYBORROWER: ISRAMCO ONSHORE, INC. LLC By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Vice President and Chief Financial Officer MARINER ENERGY RESOURCES, INC. Name: Haim Tsuff Title: Manager ISSUING LENDER/LENDER: SOCIÉTÉ GÉNÉRALE By: /s/ Rxxx X. Xxxxxx Rxxx X. Xxxxxx Vice President and Chief Financial Officer UNION BANK OF CALIFORNIA, N.A., as Administrative Agent and as Issuing Lender By: /s/ Dxxxxx Xxxxxxxxx Dxxxxx Xxxxxxxxx Senior Vice President UNION BANK OF CALIFORNIA, N.A. By: /s/ Dxxxxx Xxxxxxxxx Dxxxxx Xxxxxxxxx Senior Vice President BNP PARIBAS By: /s/ Gxxx Xxxxxxx Name: Gxxx Xxxxxxx Title: Vice President ByAddress for notices: /s/ Pxxxx Xxxxxx Name: Pxxxx Xxxxxx Title: Vice President JX XXXXXX CHASE BANK, N.A. By: /s/ Cxxxxxx Xxxxxxxxx-Société Générale 0000 Xxxxx Name: Cxxxxxx Xxxxxxxxx-Xxxxx Title: Senior Vice President NATEXIS BANQUES POPULAIRES By: /s/ Dxxxxxx X. Xxxxxxxxx Name: Dxxxxxx X. Xxxxxxxxx Title: Vice President & Group Manager By: /s/ Txxxxxx X. Xxxxxxx Name: Txxxxxx X. Xxxxxxx Title: Vice President & Group Manager GUARANTY BANK By: /s/ Kxxxx X. Xxxxxx III Name: Kxxxx X. Xxxxxx III Title: Senior Vice President CALYON NEW YORK BRANCH By: /s/ Mxxxxxx Xxxxxx Name: Mxxxxxx Xxxxxx Title: Vice President By: /s/ Bxxxxxxx Cord’homme Name: Bxxxxxxx Cord’homme Title: Director AMEGY BANK NATIONAL ASSOCIATION By: /s/ Kxxxxxx X. Xxxxxx, III NameSuite 2020 Houston, Texas 77002 Attention: Kxxxxxx X. XxxxxxXxxxx Xxxxxxx or Xxxxxx Xxxxxxx Telephone: 000-000-0000 or 000-000-0000 Facsimile: 000-000-0000 E-Mail: xxxxx.xxxxxxx@xxxxx.xxx or xxxxxx.xxxxxxx@xxxxx.xxx Domestic Office and LIBOR Office: 000 Xxxxxxxxxx Xxxx - 00xx Xxxxx Xxxxxx Xxxx, III TitleXX 00000 Attention: Vice President DZ BANK AG DEUTSCHE ZENTRALXxxxxx Xxxxxxx Telephone: 000-GENOSSENSCHAFTSBANK FRANKFURT AM MAIN000-0000 Facsimile: 000-000-0000 E-Mail: xxxxxx.xxxxxxx@xxxxx.xxx Isramco Onshore, NEW YORK BRANCH ByLLC 0000 Xxxx Xxxx Xxxxx, Xxxxx 000 Xxxxxxx, Xxxxx 00000 Attention: /s/ Wxxxxxx X. Xxx Xxxxxxx or Xxxxxxx Xxxxx Telephone: 000-000-0000 Facsimile: 000-000-0000 E-Mail: xxxx@xxxxxxx-xxx.com or xxxxxx@xxxxxxx-xxx.com Commitments: Société Générale $150,000,000 100.000% Grantor: Isramco Energy, L.L.C. Jurisdiction of Formation / Filing: Texas Type of Organization: Limited Liability Company Address where records for 0000 Xxxx NameXxxx Xxxxx, Xxxxx 000 Collateral are kept: Wxxxxxx X. Xxxxxxx, Xxxxx 00000 Organizational Number: 0800748621 Federal Tax Identification Number: 00-0000000 Prior Names: None Grantor: Isramco Resources, LLC Jurisdiction of Formation / Filing: Texas Type of Organization: Limited Liability Company Address where records for 0000 Xxxx TitleXxxx Xxxxx, Xxxxx 000 Collateral are kept: Senior Vice President ByXxxxxxx, Xxxxx 00000 Organizational Number: /s/ Rxxxxxx X. Xxxxxxxx Name0800945972 Federal Tax Identification Number: Rxxxxxx X. Xxxxxxxx Title00-0000000 Prior Names: First Vice President CITICORP USANone Grantor: Xxx Petroleum, INCL.L.C. Jurisdiction of Formation / Filing: Texas Type of Organization: Limited Liability Company Address where records for 0000 Xxxx Xxxx Xxxxx, Xxxxx 000 Collateral are kept: Xxxxxxx, Xxxxx 00000 Organizational Number: 0701774922 Federal Tax Identification Number: 00-0000000 Prior Names: None Grantor: Field Trucking and Services, LLC Jurisdiction of Formation / Filing: Texas Type of Organization: Limited Liability Company Address where records for 0000 Xxxx Xxxx Xxxxx, Xxxxx 000 Collateral are kept: Xxxxxxx, Xxxxx 00000 Organizational Number: 0000000000 Federal Tax Identification Number: 00-0000000 Prior Names: None None. By: /s/ Dxxxx X. Xxxx Name: Dxxxx X. Xxxx Title: Vice President WXXXX FARGO BANK, NATIONAL ASSOCIATION By: /s/ Jo Axx Xxxxxxx Name: Jo Axx Xxxxxxx Title: Vice President HXXXXX XXXXXXX FINANCING, INCNone. By: /s/ Jxxxx X. Xxxxxx Name: Jxxxx X. Xxxxxx Title: Vice President COMERICA BANK By: /s/ Jxxx Xxxxxx Name: Jxxx Xxxxxx Title: Vice President Level I 0.000 % 1.25 % 0.375 % Level II 0.000 % 1.50 % 0.375 % Level III 0.250 % 1.75 % 0.250 % Level IV 0.500 % 2.00 % 0.250 % * Utilization Levels are described None. None. None. None. None. This Assignment and Assumption (the “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [the][each]1 Assignor identified in item 1 below ([the][each, an] “Assignor”) and [the][each]2 Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and agreed that the rights and obligations of [the Assignors][the Assignees]3 hereunder are determined several and not joint.]4 Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (as amended, supplemented, restated or otherwise modified from time to time, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by [the][each] Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the Assignee][the respective Assignees], and [the][each] Assignee hereby irrevocably purchases and assumes from [the Assignor][the respective Assignors], subject to and in accordance with the definition Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’] rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of [the Assignor][the respective Assignors] under the respective facilities identified below (including without limitation any letters of credit and guarantees included in such facilities) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of [the Assignor (in its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)] against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee pursuant to clauses (i) and (ii) above being referred to herein collectively as [the][an] “Utilization LevelAssigned Interest”). Each such sale and assignment is without recourse to [the][any] Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by [the][any] Assignor.”
1. Level I: If the Utilization Level is less than or equal to 50%. 2. Level II: If the Utilization Level is greater than 50% but less than or equal to 75%. 3. Level III: If the Utilization Level is greater than 75% but less than or equal to 90% 4. Level IV: If the Utilization Level is greater than 90% Mariner Energy, Inc. Mariner Energy Resources, Inc. c/o Mariner Energy, Inc. One BriarLake Plaza, Suite 2000 2000 Xxxx Xxx Xxxxxxx Parkway South Houston, Texas 77042 Facsimile Number: 700-000-0000 Attention: Rxxx Xxxxxx Union Bank of California, N.A. 400 Xxxxx Xxxxxxxx Xxxxxx, 15th Floor Los Angeles, California 90071 Facsimile Number: 200-000-0000 Attention: Dxx Xxxxx 4000 Xxxxxxx Xxxxx 500 X. Xxxxx Dallas, Texas 75201 Facsimile Number: 200-000-0000 Attention: Dxxxxx Xxxxxxxxx
Appears in 1 contract
Samples: Credit Agreement (Isramco Inc)