Common use of Payments Pro Rata Treatment Sharing of Set Offs Clause in Contracts

Payments Pro Rata Treatment Sharing of Set Offs. 41 Section 4.01 Payments Generally; Pro Rata Treatment; Sharing of Set-offs 41 Section 4.02 Presumption of Payment by the Borrower 42 Section 4.03 Certain Deductions by the Administrative Agent 42 Section 5.01 Increased Costs 43 Section 5.02 Break Funding Payments 44 Section 5.03 Taxes 44 Section 5.04 Designation of Different Lending Office 45 Section 5.05 Illegality 45 Section 6.01 Effective Date 46 Section 6.02 Each Credit Event 48 Section 6.03 Acquisition 49 Section 7.01 Organization; Powers 50 Section 7.02 Authority; Enforceability 51 Section 7.03 Approvals; No Conflicts 51 Section 7.04 Financial Position; No Material Adverse Change 51 Section 7.05 Litigation 52 Section 7.06 Environmental Matters 52 Section 7.07 Compliance with the Laws and Agreements; No Defaults 53 Section 7.08 Investment Company Act 54 Section 7.09 Taxes 54 Section 7.10 ERISA 54 Section 7.11 Disclosure; No Material Misstatements 55 Section 7.12 Insurance 55 Section 7.13 Restriction on Liens 56 Section 7.14 Subsidiaries 56 Section 7.15 Location of Business and Offices 56 Section 7.16 Properties; Titles, Etc 56 Section 7.17 Maintenance of Properties 57 Section 7.18 Gas Imbalances, Prepayments 58 Section 7.19 Marketing of Production 58 Section 7.20 Swap Agreements 58 Section 7.21 Use of Loans and Letters of Credit 58 Section 7.22 Solvency 59 Section 8.01 Financial Statements; Other Information 59 Section 8.02 Notices of Material Events 62 Section 8.03 Existence; Conduct of Business 63 Section 8.04 Payment of Obligations 63 Section 8.05 Performance of Obligations under Loan Documents 63 Section 8.06 Operation and Maintenance of Properties 63 Section 8.07 Insurance 64 Section 8.08 Books and Records; Inspection Rights 64 Section 8.09 Compliance with Laws 64 Section 8.10 Environmental Matters 64 Section 8.11 Further Assurances 65 Section 8.12 Reserve Reports 66 Section 8.13 Title Information 67 Section 8.14 Additional Collateral; Additional Guarantors 68 Section 8.15 ERISA Compliance 68 Section 8.16 Marketing Activities 69 Section 8.17 Clean-Down 69 Section 9.01 Financial Covenants 70 Section 9.02 Debt 70 Section 9.03 Liens 71 Section 9.04 Dividends, Distributions and Redemptions 71 Section 9.05 Investments, Loans and Advances 72 Section 9.06 Nature of Business; International Operations 73 Section 9.07 Limitation on Leases 73 Section 9.08 Proceeds of Loans 74 Section 9.09 ERISA Compliance 74 Section 9.10 Sale or Discount of Receivables 75 Section 9.11 Mergers, Etc 75 Section 9.12 Sale of Properties 75 Section 9.13 Environmental Matters 76 Section 9.14 Transactions with Affiliates 76 Section 9.15 Subsidiaries 76 Section 9.16 Negative Pledge Agreements; Dividend Restrictions 76 Section 9.17 Gas Imbalances, Take-or-Pay or Other Prepayments 77 Section 9.18 Swap Agreements 77 Section 9.19 Tax Status as Partnership 78 Section 9.20 Acquisition Documents 78 Section 10.01 Events of Default 78 Section 10.02 Remedies 80 Section 10.03 Disposition of Proceeds 81 Section 11.01 Appointment; Powers 81 Section 11.02 Duties and Obligations of Administrative Agent 81 Section 11.03 Action by Agent 82 Section 11.04 Reliance by Agent 83 Section 11.05 Subagents 83 Section 11.06 Resignation or Removal of Agents 83 Section 11.07 Agents and Lenders 84 Section 11.08 No Reliance 84 Section 11.09 Administrative Agent May File Proofs of Claim 84 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 85 Section 11.11 The Arranger, the Co-Syndication Agents and the Co-Documentation Agents 85 Section 12.01 Notices 85 Section 12.02 Waivers; Amendments 86 Section 12.03 Expenses, Indemnity; Damage Waiver 87 Section 12.04 Successors and Assigns 90 Section 12.05 Survival; Revival; Reinstatement 93 Section 12.06 Counterparts; Integration; Effectiveness 93 Section 12.07 Severability 94 Section 12.08 Right of Setoff 94 Section 12.09 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 94 Section 12.10 Headings 95 Section 12.11 Confidentiality 96 Section 12.12 Interest Rate Limitation 96 Section 12.13 EXCULPATION PROVISIONS 97 Section 12.14 Collateral Matters; Swap Agreements 98 Section 12.15 No Third Party Beneficiaries 98 Section 12.16 USA Patriot Act Notice 98 Section 12.17 General Partner Liability 98 Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Compliance Certificate Exhibit C-1 Security Instruments Exhibit C-2 Form of Guarantee and Collateral Agreement Exhibit D Form of Assignment and Assumption Exhibit E-1 Form of Maximum Credit Amount Increase Certificate Exhibit E-2 Form of Additional Lender Certificate Schedule 1.02 Approved Counterparties Schedule 7.05 Litigation Schedule 7.11 Material Agreements Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Swap Agreements THIS AMENDED AND RESTATED CREDIT AGREEMENT dated as of October 1, 2007, is among EV Energy Partners, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Parent”), EV Properties, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Borrower”), each of the Lenders from time to time party hereto; JPMORGAN CHASE BANK, N.A. (in its individual capacity, “JPMorgan”), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”); BNP PARIBAS and (in its individual capacity, “BNP Paribas”) and WACHOVIA BANK, NATIONAL ASSOCIATION (in its individual capacity, “Wachovia”), as co-syndication agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Co-Syndication Agents”); and COMPASS BANK (in its individual capacity, “Compass”) and UNION BANK OF CALIFORNIA, N.A. (in its individual capacity, “UBOC”), as co-documentation agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Documentation Agent”).

Payments Pro Rata Treatment Sharing of Set Offs. 41 Section 4.01 Payments Generally; Pro Rata Treatment; Sharing of Set-offs 41 24 Section 4.02 Presumption of Payment by the Borrower 42 25 Section 4.03 Certain Deductions by the Administrative Agent 42 25 Section 4.04 Disposition of Proceeds 25 ARTICLE V INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES; ILLEGALITY Section 5.01 Increased Costs 43 26 Section 5.02 Break Funding Payments 44 27 Section 5.03 Taxes 44 27 Section 5.04 Designation Mitigation Obligations; Replacement of Different Lending Office 45 Lenders 28 Section 5.05 Illegality 45 28 ARTICLE VI CONDITIONS PRECEDENT Section 6.01 Effective Date 46 29 Section 6.02 Each Credit Event 48 Section 6.03 Acquisition 49 Section 7.01 Organization; Powers 50 32 Section 7.02 Authority; Enforceability 51 32 Section 7.03 Approvals; No Conflicts 51 39 Section 7.04 Financial PositionCondition; No Material Adverse Change 51 33 Section 7.05 Litigation 52 34 Section 7.06 Environmental Matters 52 34 Section 7.07 Compliance with the Laws and Agreements; No Defaults 53 35 Section 7.08 Investment Company Act 54 35 Section 7.09 Taxes 54 Public Utility Holding Company Act 35 Section 7.10 ERISA 54 Taxes 35 Section 7.11 ERISA 35 Section 7.12 Disclosure; No Material Misstatements 55 Section 7.12 Insurance 55 36 Section 7.13 Insurance 37 Section 7.14 Restriction on Liens 56 Section 7.14 Subsidiaries 56 37 Section 7.15 Subsidiaries 37 Section 7.16 Location of Business and Offices 56 37 Section 7.16 7.17 Properties; Titles, Etc 56 37 Section 7.17 7.18 Maintenance of Properties 57 38 Section 7.18 7.19 Gas Imbalances, Prepayments 58 39 Section 7.19 7.20 Marketing of Production 58 39 Section 7.20 7.21 Swap Agreements 58 39 Section 7.21 7.22 Use of Loans and Letters of Credit 58 Proceeds 39 Section 7.22 7.23 Solvency 59 39 Section 7.24 Senior Indebtedness 39 Section 7.25 Mergers 40 ARTICLE VIII AFFIRMATIVE COVENANTS Section 8.01 Financial Statements; Ratings Change; Other Information 59 40 Section 8.02 Notices of Material Events 62 43 Section 8.03 Existence; Conduct of Business 63 43 Section 8.04 Payment of Obligations 63 44 Section 8.05 Performance of Obligations under Loan Documents 63 44 Section 8.06 Operation and Maintenance of Properties 63 44 Section 8.07 Insurance 64 45 Section 8.08 Books and Records; Inspection Rights 64 45 Section 8.09 Compliance with Laws 64 45 Section 8.10 Environmental Matters 64 45 Section 8.11 Further Assurances 65 46 Section 8.12 Reserve Reports 66 46 Section 8.13 Title Information 67 47 Section 8.14 Additional Collateral; Additional Guarantors 68 48 Section 8.15 ERISA Compliance 68 48 Section 8.16 Swap Agreements 49 Section 8.17 Unrestricted Subsidiaries 49 Section 8.18 Marketing Activities 69 Section 8.17 Clean-Down 69 Section 9.01 Financial Covenants 70 49 Section 9.02 Debt 70 50 Section 9.03 Liens 71 51 Section 9.04 Dividends, Distributions and Redemptions 71 Redemptions, Repayment of Senior Subordinated Convertible Note 51 Section 9.05 Investments, Loans and Advances 72 52 Section 9.06 Designation and Conversion of Restricted and Unrestricted Subsidiaries; Debt of Unrestricted Subsidiaries 53 Section 9.07 Nature of Business; International Operations 73 54 Section 9.07 9.08 Limitation on Leases 73 54 Section 9.08 9.09 Proceeds of Loans 74 Notes 54 Section 9.09 9.10 ERISA Compliance 74 54 Section 9.10 9.11 Sale or Discount of Receivables 75 55 Section 9.11 9.12 Mergers, Etc 75 55 Section 9.12 9.13 Sale of Properties 75 55 Section 9.13 9.14 Environmental Matters 76 56 Section 9.14 9.15 Transactions with Affiliates 76 Section 9.15 Subsidiaries 76 56 Section 9.16 Subsidiaries 57 Section 9.17 Negative Pledge Agreements; Dividend Restrictions 76 57 Section 9.17 9.18 Gas Imbalances, Take-or-Pay or Other Prepayments 77 57 Section 9.18 9.19 Swap Agreements 77 Section 9.19 Tax Status as Partnership 78 57 Section 9.20 Acquisition Merger Documents 78 57 Section 9.21 Anti-Layering 57 ARTICLE X EVENTS OF DEFAULT; REMEDIES Section 10.01 Events of Default 78 58 Section 10.02 Remedies 80 Section 10.03 Disposition of Proceeds 81 59 ARTICLE XI THE ADMINISTRATIVE AGENT Section 11.01 Appointment; Powers 81 60 Section 11.02 Duties and Obligations of Administrative Agent 81 60 Section 11.03 Action by Administrative Agent 82 61 Section 11.04 Reliance by Administrative Agent 83 61 Section 11.05 Subagents 83 61 Section 11.06 Resignation or Removal of Agents 83 Administrative Agent 62 Section 11.07 Agents and Lenders 84 Administrative Agent as a Lender 62 Section 11.08 No Reliance 84 62 Section 11.09 Administrative Agent May File Proofs of Claim 84 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 85 63 Section 11.11 11.10 The Arranger, the Co-Syndication Agents and the Co-Documentation Agents 85 Arranger 63 ARTICLE XII MISCELLANEOUS Section 12.01 Notices 85 63 Section 12.02 Waivers; Amendments 86 63 Section 12.03 Expenses, Indemnity; Damage Waiver 87 Waiver. 64 Section 12.04 Successors and Assigns 90 66 Section 12.05 Survival; Revival; Reinstatement 93 69 Section 12.06 Counterparts; Integration; Effectiveness 93 69 Section 12.07 Severability 94 70 Section 12.08 Right of Setoff 94 70 Section 12.09 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 94 70 Section 12.10 Headings 95 71 Section 12.11 Confidentiality 96 71 Section 12.12 Interest Rate Limitation 96 72 Section 12.13 EXCULPATION PROVISIONS 97 72 Section 12.14 Collateral Matters; Swap Agreements 98 Section 12.15 No Third Party Beneficiaries 98 73 Section 12.16 12.15 USA Patriot Act Notice 98 Section 12.17 General Partner Liability 98 Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Compliance Certificate Exhibit C-1 Security Instruments Exhibit C-2 Form of Guarantee and Collateral Agreement Exhibit D Form of Assignment and Assumption Exhibit E-1 Form of Maximum Credit Amount Increase Certificate Exhibit E-2 Form of Additional Lender Certificate Schedule 1.02 Approved Counterparties Schedule 7.05 Litigation Schedule 7.11 Material Agreements Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Swap Agreements THIS AMENDED AND RESTATED CREDIT AGREEMENT dated as of October 1, 2007, is among EV Energy Partners, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Parent”), EV Properties, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Borrower”), each of the Lenders from time to time party hereto; JPMORGAN CHASE BANK, N.A. (in its individual capacity, “JPMorgan”), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”); BNP PARIBAS and (in its individual capacity, “BNP Paribas”) and WACHOVIA BANK, NATIONAL ASSOCIATION (in its individual capacity, “Wachovia”), as co-syndication agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Co-Syndication Agents”); and COMPASS BANK (in its individual capacity, “Compass”) and UNION BANK OF CALIFORNIA, N.A. (in its individual capacity, “UBOC”), as co-documentation agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Documentation Agent”).87

Payments Pro Rata Treatment Sharing of Set Offs. 41 Section 4.01 Payments Generally; Pro Rata Treatment; Sharing of Set-offs 41 Section 4.02 52 SECTION 4.02. Presumption of Payment by the Borrower 42 Section 4.03 Certain Deductions by the Administrative Agent 42 Section 5.01 Increased Costs 43 Section 5.02 Break Funding Payments 44 Section 5.03 53 SECTION 4.03. [Reserved] 54 SECTION 4.04. Disposition of Proceeds 54 SECTION 5.01. [Reserved] 54 SECTION 5.02. [Reserved] 54 SECTION 5.03. Taxes 44 Section 5.04 Designation 54 SECTION 5.04. Mitigation Obligations; Replacement of Different Lending Office 45 Section 5.05 Illegality 45 Section 6.01 Effective Lenders 57 SECTION 6.01. Closing Date 46 Section 6.02 Each Credit Event 48 Section 6.03 Acquisition 49 Section 7.01 57 SECTION 7.01. Organization; Powers 50 Section 7.02 60 SECTION 7.02. Authority; Enforceability 51 Section 7.03 61 SECTION 7.03. Approvals; No Conflicts 51 Section 7.04 61 SECTION 7.04. Financial PositionCondition; No Material Adverse Change 51 Section 7.05 61 SECTION 7.05. Litigation 52 Section 7.06 62 SECTION 7.06. Environmental Matters 52 Section 7.07 62 SECTION 7.07. Compliance with the Laws and Agreements; No Defaults 53 Section 7.08 63 SECTION 7.08. Investment Company Act 54 Section 7.09 63 SECTION 7.09. Taxes 54 Section 7.10 ERISA 54 Section 7.11 64 SECTION 7.10. Employee Benefit Plans 64 SECTION 7.11. Disclosure; No Material Misstatements 55 Section 7.12 65 SECTION 7.12. Insurance 55 Section 7.13 65 SECTION 7.13. Restriction on Liens 56 Section 7.14 Subsidiaries 56 Section 7.15 66 SECTION 7.14. Subsidiaries; Foreign Operations 66 SECTION 7.15. Location of Business and Offices 56 Section 7.16 66 SECTION 7.16. Properties; Titles, Etc 56 Section 7.17 Etc. 66 SECTION 7.17. Maintenance of Properties 57 Section 7.18 Gas Imbalances, 67 SECTION 7.18. Prepayments 58 Section 7.19 68 SECTION 7.19. Marketing of Production 58 Section 7.20 68 SECTION 7.20. Swap Agreements 58 Section 7.21 68 SECTION 7.21. Use of Loans and Letters of Credit 58 Section 7.22 68 SECTION 7.22. Solvency 59 Section 8.01 69 SECTION 7.23. Foreign Corrupt Practices 69 SECTION 7.24. Money Laundering 69 SECTION 7.25. OFAC 69 SECTION 8.01. Financial Statements; Other Information 59 Section 8.02 Notices of Material Events 62 Section 8.03 Existence; Conduct of Business 63 Section 8.04 70 SECTION 8.02. 71 SECTION 8.03. Organizational Existence 72 SECTION 8.04. Payment of Obligations 63 Section 8.05 Taxes and Other Claims 72 SECTION 8.05. Performance of Obligations under Loan Documents 63 Section 8.06 Operation and 72 SECTION 8.06. Maintenance of Properties 63 Section 8.07 72 SECTION 8.07. Insurance 64 Section 8.08 73 SECTION 8.08. Books and Records; Inspection Rights 64 Section 8.09 73 SECTION 8.09. Compliance with Laws 64 Section 8.10 73 SECTION 8.10. Environmental Matters 64 Section 8.11 73 SECTION 8.11. Further Assurances 65 Section 8.12 74 SECTION 8.12. Reserve Reports 66 Section 8.13 75 SECTION 8.13. Title Information 67 Section 8.14 76 SECTION 8.14. Additional Collateral; Additional Guarantors 68 Section 8.15 76 SECTION 8.15. ERISA Compliance 68 Section 8.16 Marketing Activities 69 Section 8.17 Clean-Down 69 Section 9.01 Financial Covenants 70 Section 9.02 77 SECTION 8.16. Capital Stock in Infrastructure Subsidiaries 78 SECTION 9.01. [Reserved] 78 SECTION 9.02. Debt 70 Section 9.03 78 SECTION 9.03. Liens 71 Section 9.04 81 SECTION 9.04. Dividends, Distributions and Redemptions 71 Section 9.05 Investments, Loans and Advances 72 Section 9.06 Redemptions; Repayment of Second Lien Notes 82 SECTION 9.05. [Reserved] 87 SECTION 9.06. Nature of Business; International Operations 73 Section 9.07 Limitation on Leases 73 Section 9.08 87 SECTION 9.07. [Reserved] 87 SECTION 9.08. Proceeds of Loans 74 Section 9.09 87 SECTION 9.09. ERISA Compliance 74 Section 9.10 87 SECTION 9.10. [Reserved] 88 SECTION 9.11. Merger, Consolidation and Sale of All or Discount of Receivables 75 Section 9.11 Mergers, Etc 75 Section 9.12 Substantially All Assets 88 SECTION 9.12. Sale of Properties 75 Section 9.13 90 SECTION 9.13. Environmental Matters 76 Section 9.14 91 SECTION 9.14. Transactions with Affiliates 76 Section 9.15 91 SECTION 9.15. Subsidiaries 76 Section 9.16 93 SECTION 9.16. Negative Pledge Agreements; Dividend Restrictions 76 Section 9.17 Gas Imbalances, Take-or-Pay or Other Prepayments 77 Section 9.18 Swap Agreements 77 Section 9.19 Tax Status as Partnership 78 Section 9.20 Acquisition Documents 78 Section 10.01 93 SECTION 9.17. [Reserved] 96 SECTION 9.18. Designation and Conversion of Restricted and Unrestricted Subsidiaries; Debt of Unrestricted Subsidiaries 96 SECTION 10.01. Events of Default 78 Section 10.02 98 SECTION 10.02. Remedies 80 Section 10.03 Disposition of Proceeds 81 Section 11.01 100 SECTION 11.01. Appointment; Powers 81 Section 11.02 101 SECTION 11.02. Duties and Obligations of Administrative Agent 81 Section 11.03 Action Agents 101 SECTION 11.03. Actions by Agent 82 Section 11.04 102 SECTION 11.04. Reliance by Agent 83 Section 11.05 Agents 102 SECTION 11.05. Subagents 83 Section 11.06 103 SECTION 11.06. Resignation or Removal of Agents 83 Section 11.07 103 SECTION 11.07. Agents and as Lenders 84 Section 11.08 103 SECTION 11.08. No Reliance 84 Section 11.09 103 SECTION 11.09. Administrative Agent May File Proofs of Claim 84 Section 11.10 104 SECTION 11.10. Authority of Administrative Agent Agents to Release Collateral and Release or Subordinate Liens 85 Section 11.11 105 SECTION 11.11. The Arranger, the Co-Syndication Agents and the Co-Documentation Agents 85 Section 12.01 Arranger 105 SECTION 11.12. Intercreditor Agreement 105 SECTION 12.01. Notices 85 Section 12.02 105 SECTION 12.02. Waivers; Amendments 86 Section 12.03 106 SECTION 12.03. Expenses, Indemnity; Damage Waiver 87 Section 12.04 107 SECTION 12.04. Successors and Assigns 90 Section 12.05 109 SECTION 12.05. Survival; Revival; Reinstatement 93 Section 12.06 112 SECTION 12.06. Counterparts; Integration; Effectiveness 93 Section 12.07 113 SECTION 12.07. Severability 94 Section 12.08 113 SECTION 12.08. Right of Setoff 94 Section 12.09 113 SECTION 12.09. GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 94 Section 12.10 114 SECTION 12.10. Headings 95 Section 12.11 115 SECTION 12.11. Confidentiality 96 Section 12.12 115 SECTION 12.12. Interest Rate Limitation 96 Section 12.13 115 SECTION 12.13. EXCULPATION PROVISIONS 97 Section 12.14 116 SECTION 12.14. Collateral Matters; Swap Agreements 98 Section 12.15 117 SECTION 12.15. No Third Party Beneficiaries 98 Section 12.16 117 SECTION 12.16. USA Patriot Act Notice 98 Section 12.17 General Partner Liability 98 117 Annex I List of Maximum Credit Amounts Commitments Exhibit A [Reserved] Exhibit B Form of Note Borrowing Request Exhibit B C Form of Incremental Joinder Agreement Exhibit D Form of Compliance Certificate Exhibit C-1 E Security Instruments Exhibit C-2 Form of Guarantee and Collateral Agreement Exhibit D F Form of Assignment and Assumption Exhibit E-1 G Form of Maximum Credit Amount Increase Certificate Exhibit E-2 Form of Additional Lender Reserve Report Certificate Schedule 1.02 Approved Counterparties 1.01(a) Investments Schedule 6.01(n) Existing Debt Schedule 7.05 Litigation Schedule 7.11 Material Agreements 7.06 Environmental Schedule 7.10 ERISA Schedule 7.14 Subsidiaries and Partnerships Schedule 7.15 Subsidiary Organizational Information Schedule 7.18 Gas Imbalances Prepayments Schedule 7.19 Marketing Contracts Schedule 7.20 Swap Agreements THIS AMENDED AND RESTATED CREDIT AGREEMENT dated as of October 1June 18, 20072010, is among EV Energy Partners, L.P.ATP Oil & Gas Corporation, a limited partnership corporation duly formed and existing under the laws of the State of Delaware (the “Parent”), EV Properties, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware Texas (the “Borrower”), each of the Lenders (as defined in Article I) from time to time party hereto; JPMORGAN CHASE BANK, N.A. (in its individual capacity, “JPMorgan”)hereto and CREDIT SUISSE AG, as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”); BNP PARIBAS and (in its individual capacity, “BNP Paribas”) and WACHOVIA BANK, NATIONAL ASSOCIATION (in its individual capacity, “Wachovia”), as co-syndication agents for the Lenders collateral agent (in such capacity, together with each of their its successors in such capacity, the “Co-Syndication Agents”); and COMPASS BANK (in its individual capacity, “CompassCollateral Agent”) and UNION BANK OF CALIFORNIA, N.A. (in its individual capacity, “UBOC”), as co-documentation agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Documentation Agent”)Lenders.

Payments Pro Rata Treatment Sharing of Set Offs. 41 Section 4.01 Payments Generally; Pro Rata Treatment; Sharing of Set-offs 41 52 Section 4.02 Presumption of Payment by the Borrower 42 53 Section 4.03 Certain Deductions by the Administrative Agent 42 53 Section 4.04 Disposition of Proceeds 53 ARTICLE V INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES Section 5.01 Increased Costs 43 53 Section 5.02 Break Funding Payments 44 54 Section 5.03 Taxes 44 55 Section 5.04 Designation of Different Lending Office 45 58 Section 5.05 Illegality 45 Replacement of Lenders 58 ARTICLE VI CONDITIONS PRECEDENT Section 6.01 Interim Facility Effective Date 46 59 Section 6.02 Final Facility Effective Date 61 Section 6.03 Each Credit Event 48 Section 6.03 Acquisition 49 61 ARTICLE VII REPRESENTATIONS AND WARRANTIES Section 7.01 Organization; Powers 50 62 Section 7.02 Authority; Enforceability 51 63 Section 7.03 Approvals; No Conflicts 51 63 Section 7.04 Financial PositionCondition; No Material Adverse Change 51 63 Section 7.05 Litigation 52 64 Section 7.06 Environmental Matters 52 64 Section 7.07 Compliance with the Laws and AgreementsLaws; No Defaults 53 Default 65 Section 7.08 Investment Company Act 54 65 Section 7.09 Taxes 54 65 Section 7.10 ERISA 54 65 Section 7.11 Disclosure; No Material Misstatements 55 66 Section 7.12 Insurance 55 66 Section 7.13 Restriction on Liens 56 67 Section 7.14 Subsidiaries 56 Group Members 67 Section 7.15 Foreign Operations 67 Section 7.16 Location of Business and Offices 56 67 Section 7.16 7.17 Properties; TitlesTitle, Etc 56 Etc. 67 Section 7.17 7.18 Maintenance of Properties 57 Section 7.18 Gas Imbalances, Prepayments 58 68 Section 7.19 Gas Imbalances 68 Section 7.20 Marketing of Production 58 69 Section 7.20 7.21 [Reserved] 69 Section 7.22 Swap Agreements 58 69 Section 7.21 7.23 Use of Loans and Letters of Credit 58 69 Section 7.22 Solvency 59 7.24 [Reserved] 69 Section 7.25 Foreign Corrupt Practices 69 Section 7.26 Anti-Corruption Laws; Sanctions; OFAC 70 Section 7.27 [Reserved] 70 Section 7.28 EEA Financial Institution 70 ARTICLE VIII AFFIRMATIVE COVENANTS Section 8.01 Financial Statements; Other Information 59 70 Section 8.02 Notices of Material Events 62 73 Section 8.03 Existence; Conduct of Business 63 74 Section 8.04 Payment of Obligations 63 74 Section 8.05 Performance of Obligations under Loan Documents 63 74 Section 8.06 Operation and Maintenance of Properties 63 74 Section 8.07 Insurance 64 75 Section 8.08 Books and Records; Inspection Rights 64 75 Section 8.09 Compliance with Laws 64 76 Section 8.10 Environmental Matters 64 76 Section 8.11 Further Assurances 65 77 Section 8.12 Reserve Reports 66 [Reserved] 77 Section 8.13 Title Information 67 [Reserved] 77 Section 8.14 Additional Collateral; Additional Guarantors 68 77 Section 8.15 ERISA Compliance 68 78 Section 8.16 Cash Management 78 Section 8.17 EEA Financial Institution 78 Section 8.18 [Reserved] 78 Section 8.19 [Reserved] 78 Section 8.20 [Reserved] 78 Section 8.21 Operators’ Lien Waiver 78 Section 8.22 Marketing Activities 69 79 Section 8.17 Clean-Down 69 8.23 Chapter 11 Milestones 79 Section 8.24 Dataroom 80 Section 8.25 Certificate of Insurance 80 ARTICLE IX NEGATIVE COVENANTS Section 9.01 Financial Covenants 70 80 Section 9.02 Debt 70 Indebtedness 80 Section 9.03 Liens 71 Section 9.04 Dividends, Distributions and Redemptions 71 Section 9.05 Investments, Loans and Advances 72 Section 9.06 Nature of Business; International Operations 73 Section 9.07 Limitation on Leases 73 Section 9.08 Proceeds of Loans 74 Section 9.09 ERISA Compliance 74 Section 9.10 Sale or Discount of Receivables 75 Section 9.11 Mergers, Etc 75 Section 9.12 Sale of Properties 75 Section 9.13 Environmental Matters 76 Section 9.14 Transactions with Affiliates 76 Section 9.15 Subsidiaries 76 Section 9.16 Negative Pledge Agreements; Dividend Restrictions 76 Section 9.17 Gas Imbalances, Take-or-Pay or Other Prepayments 77 Section 9.18 Swap Agreements 77 Section 9.19 Tax Status as Partnership 78 Section 9.20 Acquisition Documents 78 Section 10.01 Events of Default 78 Section 10.02 Remedies 80 Section 10.03 Disposition of Proceeds 81 Section 11.01 Appointment; Powers 81 Section 11.02 Duties and Obligations of Administrative Agent 81 Section 11.03 Action by Agent 82 Section 11.04 Reliance by Agent 83 Section 11.05 Subagents 83 Section 11.06 Resignation or Removal of Agents 83 Section 11.07 Agents and Lenders 84 Section 11.08 No Reliance 84 Section 11.09 Administrative Agent May File Proofs of Claim 84 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 85 Section 11.11 The Arranger, the Co-Syndication Agents and the Co-Documentation Agents 85 Section 12.01 Notices 85 Section 12.02 Waivers; Amendments 86 Section 12.03 Expenses, Indemnity; Damage Waiver 87 Section 12.04 Successors and Assigns 90 Section 12.05 Survival; Revival; Reinstatement 93 Section 12.06 Counterparts; Integration; Effectiveness 93 Section 12.07 Severability 94 Section 12.08 Right of Setoff 94 Section 12.09 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 94 Section 12.10 Headings 95 Section 12.11 Confidentiality 96 Section 12.12 Interest Rate Limitation 96 Section 12.13 EXCULPATION PROVISIONS 97 Section 12.14 Collateral Matters; Swap Agreements 98 Section 12.15 No Third Party Beneficiaries 98 Section 12.16 USA Patriot Act Notice 98 Section 12.17 General Partner Liability 98 Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Compliance Certificate Exhibit C-1 Security Instruments Exhibit C-2 Form of Guarantee and Collateral Agreement Exhibit D Form of Assignment and Assumption Exhibit E-1 Form of Maximum Credit Amount Increase Certificate Exhibit E-2 Form of Additional Lender Certificate Schedule 1.02 Approved Counterparties Schedule 7.05 Litigation Schedule 7.11 Material Agreements Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Swap Agreements THIS AMENDED AND RESTATED CREDIT AGREEMENT dated as of October 1, 2007, is among EV Energy Partners, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Parent”), EV Properties, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Borrower”), each of the Lenders from time to time party hereto; JPMORGAN CHASE BANK, N.A. (in its individual capacity, “JPMorgan”), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”); BNP PARIBAS and (in its individual capacity, “BNP Paribas”) and WACHOVIA BANK, NATIONAL ASSOCIATION (in its individual capacity, “Wachovia”), as co-syndication agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Co-Syndication Agents”); and COMPASS BANK (in its individual capacity, “Compass”) and UNION BANK OF CALIFORNIA, N.A. (in its individual capacity, “UBOC”), as co-documentation agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Documentation Agent”).82

Payments Pro Rata Treatment Sharing of Set Offs. 4129 Section 4.01 Payments Generally; Pro Rata Treatment; Sharing of Set-offs 41 Set‑offs 29 Section 4.02 Presumption of Payment by the Borrower 42 Section 4.03 Certain Deductions by the Administrative Agent 42 30 Section 4.03 Defaulting Lenders 30 Article V Increased Costs; Taxes 31 Section 5.01 Increased Costs 43 31 Section 5.02 Break Funding Payments 44 [Reserved] 32 Section 5.03 Taxes 44 Section 5.04 Designation of Different Lending Office 45 Section 5.05 Illegality 45 32 Article VI Conditions Precedent 34 Section 6.01 Effective Closing Date 46 34 Section 6.02 Each Credit Event 48 Section 6.03 Acquisition 49 36 Article VII Representations and Warranties 36 Section 7.01 Organization; Powers 50 36 Section 7.02 Authority; Enforceability 51 37 Section 7.03 Approvals; No Conflicts 51 37 Section 7.04 Financial PositionCondition; No Material Adverse Change 51 37 Section 7.05 Litigation 52 37 Section 7.06 Environmental Matters 52 37 Section 7.07 Compliance with the Laws and Agreements; No Defaults 53 38 Section 7.08 Investment Company Act 54 39 Section 7.09 Taxes 54 39 Section 7.10 ERISA 54 39 Section 7.11 Disclosure; No Material Misstatements 55 39 Section 7.12 Insurance 55 40 Section 7.13 Restriction on Liens 56 40 Section 7.14 Subsidiaries 56 Loan Parties 40 Section 7.15 Foreign Operations 40 Section 7.16 Location of Business and Offices 56 40 Section 7.16 7.17 Properties; TitlesDefensible Title, Etc 56 Etc. 40 Section 7.17 7.18 Maintenance of Properties 57 41 Section 7.18 7.19 Gas Imbalances, ; Prepayments 58 41 Section 7.19 7.20 Marketing of Production 58 41 Section 7.20 7.21 Security Interest 42 Section 7.22 Swap Agreements 58 and Eligible Contract Participant 42 Section 7.21 7.23 Use of Loans and Letters of Credit 58 Proceeds 42 Section 7.22 Solvency 59 7.24 Chapter 11 Cases 42 Section 7.25 Anti‑Corruption Laws; Sanctions; OFAC 42 Section 7.26 EEA Financial Institution 42 Article VIII Affirmative Covenants 43 Section 8.01 Financial Statements; Other Information 59 43 Section 8.02 Notices of Material Events 62 45 Section 8.03 Existence; Conduct of Business 63 46 Section 8.04 Payment of Obligations 63 46 Section 8.05 Performance of Obligations under Loan Documents 63 46 Section 8.06 Operation and Maintenance of Properties 63 46 Section 8.07 Insurance 64 46 Section 8.08 Books and Records; Inspection Rights 64 47 Section 8.09 Compliance with Laws 64 47 Section 8.10 Environmental Matters 64 47 Section 8.11 Further Assurances 65 48 Section 8.12 Reserve Reports 66 [Reserved] 48 Section 8.13 Title Information 67 [Reserved] 48 Section 8.14 Additional Collateral; Additional Guarantors 68 48 Section 8.15 ERISA Compliance 68 49 Section 8.16 Marketing Activities 69 Location of Proceeds of the Loans 49 Section 8.17 Clean-Down 69 EEA Financial Institution 49 Section 8.18 Minimum Hedging Volumes 49 Section 8.19 Milestones 50 Section 8.20 Bankruptcy Covenants 50 Section 8.21 Budget Updates, Weekly Calls and Approved Budget 50 Section 8.22 Use of Proceeds 51 Article IX Negative Covenants 51 Section 9.01 Financial Covenants 70 [Reserved] 51 Section 9.02 Debt 70 52 Section 9.03 Liens 71 52 Section 9.04 Dividends, Distributions and Redemptions 71 Restricted Payments 53 Section 9.05 Investments, Loans and Advances 72 53 Section 9.06 Nature of Business; No International Operations 73 53 Section 9.07 Limitation on Leases 73 Proceeds of the Loans 54 Section 9.08 Proceeds of Loans 74 ERISA Compliance 54 Section 9.09 ERISA Compliance 74 Section 9.10 Sale or Discount of Receivables 75 54 Section 9.10 Mergers, Etc. 54 Section 9.11 Mergers, Etc 75 Section 9.12 Sale of Properties 75 and Termination of Hedging Transactions 54 Section 9.12 Sales and Leasebacks 55 Section 9.13 Environmental Matters 76 55 Section 9.14 Transactions with Affiliates 76 55 Section 9.15 Subsidiaries 76 Section 9.16 Negative Pledge Agreements; Dividend Restrictions 76 55 Section 9.17 Gas Imbalances, Take-or-Pay 9.16 Take‑or‑Pay or Other Prepayments 77 55 Section 9.17 Swap Agreements 56 Section 9.18 Swap Agreements 77 Amendments to Organizational Documents and Material Contracts 56 Section 9.19 Tax Status as Partnership 78 Changes in Fiscal Periods 56 Section 9.20 Acquisition Documents 78 No Subsidiaries 57 Section 9.21 [Reserved] 57 Section 9.22 Marketing Activities 57 Section 9.23 Amendments to Senior Debt; Collateral 57 Section 9.24 Negative Pledge; Restrictions on Guarantees 57 Section 9.25 Compliance with Budget 57 Section 9.26 Chapter 11 Claims 57 Section 9.27 Revisions of Orders; Applications to Bankruptcy Court; Claims 57 Section 9.28 Prepetition Obligations 58 Article X Events of Default; Remedies 58 Section 10.01 Events of Default 78 58 Section 10.02 Remedies 80 Section 10.03 Disposition of Proceeds 81 62 Article XI The Agent 63 Section 11.01 Appointment; Powers 81 63 Section 11.02 Duties and Obligations of Administrative the Agent 81 63 Section 11.03 General Immunity 63 Section 11.04 Action by the Agent 82 Section 11.04 Reliance by Agent 83 65 Section 11.05 Subagents 83 [Reserved] 66 Section 11.06 Resignation or Removal of Agents 83 Successor Agent 66 Section 11.07 Agents and Lenders 84 Security Instruments 66 Section 11.08 No Reliance 84 Posting of Approved Electronic Communications 67 Section 11.09 Administrative Agent May File Proofs of Claim 84 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 85 Section 11.11 The Arranger, the Co-Syndication Agents and the Co-Documentation Agents 85 67 Article XII Miscellaneous 68 Section 12.01 Notices 85 68 Section 12.02 Waivers; Amendments 86 68 Section 12.03 Expenses, Indemnity; Damage Waiver 87 69 Section 12.04 Successors and Assigns 90 71 Section 12.05 Survival; Revival; Reinstatement 93 74 Section 12.06 Counterparts; Integration; Effectiveness 93 74 Section 12.07 Severability 94 74 Section 12.08 Right of Setoff 94 75 Section 12.09 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 94 75 Section 12.10 Headings 95 75 Section 12.11 Confidentiality 96 76 Section 12.12 Interest Rate Limitation 96 76 Section 12.13 EXCULPATION PROVISIONS 97 [Reserved] 77 Section 12.14 Collateral Matters; Swap Agreements 98 Section 12.15 No Third Party Beneficiaries 98 77 Section 12.15 EXCULPATION PROVISIONS 77 Section 12.16 USA Patriot Act Notice 98 77 Section 12.17 General Partner Liability 98 Conflict with Orders 78 Section 12.18 Releases 78 Section 12.19 Disclosure 78 Section 12.20 Appointment for Perfection 78 Section 12.21 [Reserved] 78 Section 12.22 [Reserved] 78 Section 12.23 Acknowledgement and Consent to Bail‑In of EEA Financial Institutions 78 Annex I List of Maximum Credit Amounts Commitments Annex II Notice Addresses Exhibit A Form of Borrowing Notice Exhibit B Form of Initial Budget Exhibit C Form of Note Exhibit B D Form of Compliance Certificate Exhibit C-1 Security Instruments E Interim Order Exhibit C-2 Form of Guarantee and Collateral Agreement F [Reserved] Exhibit D G Form of Assignment and Assumption Agreement Exhibit E-1 H‑1 Form of Maximum Credit Amount Increase U.S. Tax Compliance Certificate (Non-U.S. Lenders; non‑partnerships) Exhibit E-2 H‑2 Form of Additional Lender U.S. Tax Compliance Certificate (Foreign Participants; non‑partnerships) Exhibit H‑3 Form of U.S. Tax Compliance Certificate (Foreign Participants; partnerships) Exhibit H‑4 Form of U.S. Tax Compliance Certificate (Non-U.S. Lenders; partnerships) Exhibit I [Reserved] Exhibit J [Reserved] Schedule 1.02 Approved Counterparties 7.06 Environmental Matters Schedule 7.05 Litigation Schedule 7.11 Material Agreements 7.12 Insurance Schedule 7.14 Subsidiaries and Partnerships Loan Parties Schedule 7.18 7.19 Gas Imbalances Schedule 7.19 7.20 Marketing Contracts of Production Schedule 7.20 7.22 Swap Agreements Schedule 9.02 Existing Debt Schedule 9.03 Existing Liens Schedule 9.05 Investments Schedule 9.14 Transactions with Affiliates Schedule 12.11 Compliance Personnel THIS AMENDED AND RESTATED JUNIOR CONVERTIBLE SECURED DEBTOR-IN-POSSESSION CREDIT AGREEMENT dated as of October 1[__], 20072020, is among EV Energy PartnersROSEHILL OPERATING COMPANY, L.P.LLC, a limited partnership duly formed and existing liability company organized under the laws of the State of Delaware (the “Parent”)Delaware, EV Properties, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware as borrower (the “Borrower”), ROSEHILL RESOURCES INC., a Delaware corporation, as guarantor (“RRI”), each of the Lenders from time to time party hereto; JPMORGAN CHASE BANK, N.A. (in its individual capacity, “JPMorgan”)hereto and U.S. BANK NATIONAL ASSOCIATION, as administrative agent and collateral agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”); BNP PARIBAS and (in its individual capacity, “BNP Paribas”) and WACHOVIA BANK, NATIONAL ASSOCIATION (in its individual capacity, “Wachovia”), as co-syndication agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Co-Syndication Agents”); and COMPASS BANK (in its individual capacity, “Compass”) and UNION BANK OF CALIFORNIA, N.A. (in its individual capacity, “UBOC”), as co-documentation agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Documentation Agent”).

Payments Pro Rata Treatment Sharing of Set Offs. 41 Section 4.01 Payments Generally; Pro Rata Treatment; Sharing of Set-offs 41 33 Section 4.02 Presumption of Payment by the Borrower 42 34 Section 4.03 Certain Deductions by the Administrative Agent 42 34 Section 4.04 Disposition of Proceeds 34 ARTICLE V INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES; ILLEGALITY Section 5.01 Increased Costs 43 34 Section 5.02 Break Funding Payments 44 35 Section 5.03 Taxes 44 Taxes. 36 Section 5.04 Designation Mitigation Obligations; Replacement of Different Lending Office 45 Lenders 36 Section 5.05 Illegality 45 37 ARTICLE VI CONDITIONS PRECEDENT Section 6.01 Effective Date 46 37 Section 6.02 Each Credit Event 48 Section 6.03 Acquisition 49 Section 7.01 Organization; Powers 50 41 Section 7.02 Authority; Enforceability 51 42 Section 7.03 Approvals; No Conflicts 51 42 Section 7.04 Financial PositionCondition; No Material Adverse Change 51 42 Section 7.05 Litigation 52 43 Section 7.06 Environmental Matters 52 43 Section 7.07 Compliance with the Laws and Agreements; No Defaults 53 44 Section 7.08 Investment Company Act 54 45 Section 7.09 Taxes 54 Public Utility Holding Company Act 45 Section 7.10 ERISA 54 Taxes 45 Section 7.11 ERISA 45 Section 7.12 Disclosure; No Material Misstatements 55 Section 7.12 Insurance 55 46 Section 7.13 Insurance 46 Section 7.14 Restriction on Liens 56 Section 7.14 Subsidiaries 56 46 Section 7.15 Subsidiaries 46 Section 7.16 Location of Business and Offices 56 47 Section 7.16 7.17 Properties; Titles, Etc 56 47 Section 7.17 7.18 Maintenance of Properties 57 48 Section 7.18 7.19 Gas Imbalances, Prepayments 58 48 Section 7.19 7.20 Marketing of Production 58 48 Section 7.20 7.21 Swap Agreements 58 48 Section 7.21 7.22 Use of Loans and Letters of Credit 58 49 Section 7.22 7.23 Solvency 59 49 Section 7.24 Specified Senior Indebtedness 49 Section 7.25 Mergers 49 ARTICLE VIII AFFIRMATIVE COVENANTS Section 8.01 Financial Statements; Ratings Change; Other Information 59 49 Section 8.02 Notices of Material Events 62 52 Section 8.03 Existence; Conduct of Business 63 52 Section 8.04 Payment of Obligations 63 52 Section 8.05 Performance of Obligations under Loan Documents 63 53 Section 8.06 Operation and Maintenance of Properties 63 53 Section 8.07 Insurance 64 53 Section 8.08 Books and Records; Inspection Rights 64 54 Section 8.09 Compliance with Laws 64 54 Section 8.10 Environmental Matters 64 54 Section 8.11 Further Assurances 65 55 Section 8.12 Reserve Reports 66 55 Section 8.13 Title Information 67 56 Section 8.14 Additional Collateral; Additional Guarantors 68 57 Section 8.15 ERISA Compliance 68 58 Section 8.16 Swap Agreements 58 Section 8.17 Unrestricted Subsidiaries 58 Section 8.18 Marketing Activities 69 Section 8.17 Clean-Down 69 Section 9.01 Financial Covenants 70 58 Section 9.02 Debt 70 59 Section 9.03 Liens 71 60 Section 9.04 Dividends, Distributions and Redemptions 71 Redemptions; Repayment of Senior Subordinated Convertible Note and Second Lien Term Loan Agreement 60 Section 9.05 Investments, Loans and Advances 72 61 Section 9.06 Designation and Conversion of Restricted and Unrestricted Subsidiaries; Debt of Unrestricted Subsidiaries 63 Section 9.07 Nature of Business; International Operations 73 63 Section 9.07 9.08 Limitation on Leases 73 63 Section 9.08 9.09 Proceeds of Loans 74 Notes 63 Section 9.09 9.10 ERISA Compliance 74 64 Section 9.10 9.11 Sale or Discount of Receivables 75 65 Section 9.11 9.12 Mergers, Etc 75 65 Section 9.12 9.13 Sale of Properties 75 65 Section 9.13 9.14 Environmental Matters 76 65 Section 9.14 9.15 Transactions with Affiliates 76 Section 9.15 Subsidiaries 76 66 Section 9.16 Subsidiaries 66 Section 9.17 Negative Pledge Agreements; Dividend Restrictions 76 66 Section 9.17 9.18 Gas Imbalances, Take-or-Pay or Other Prepayments 77 66 Section 9.18 9.19 Swap Agreements 77 Section 9.19 Tax Status as Partnership 78 66 Section 9.20 Acquisition Merger Documents 78 67 ARTICLE X EVENTS OF DEFAULT; REMEDIES Section 10.01 Events of Default 78 67 Section 10.02 Remedies 80 Section 10.03 Disposition of Proceeds 81 69 ARTICLE XI THE AGENTS Section 11.01 Appointment; Powers 81 69 Section 11.02 Duties and Obligations of Administrative Agent 81 69 Section 11.03 Action by Administrative Agent 82 69 Section 11.04 Reliance by Administrative Agent 83 70 Section 11.05 Subagents 83 70 Section 11.06 Resignation or Removal of Agents 83 71 Section 11.07 Agents and as Lenders 84 71 Section 11.08 No Reliance 84 71 Section 11.09 Administrative Agent May File Proofs of Claim 84 Section 11.10 Authority of Administrative Agent to Release Collateral and Liens 85 72 Section 11.11 11.10 The Arranger, the Co-Syndication Agents Agent and the Co-Documentation Agents 85 Section 12.01 Notices 85 Agent 72 Section 12.02 Waivers; Amendments 86 73 Section 12.03 Expenses, Indemnity; Damage Waiver 87 Waiver. 74 Section 12.04 Successors and Assigns 90 76 Section 12.05 Survival; Revival; Reinstatement 93 79 Section 12.06 Counterparts; Integration; Effectiveness 93 79 Section 12.07 Severability 94 80 Section 12.08 Right of Setoff 94 80 Section 12.09 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 94 80 Section 12.10 Headings 95 81 Section 12.11 Confidentiality 96 81 Section 12.12 Interest Rate Limitation 96 82 Section 12.13 EXCULPATION PROVISIONS 97 82 Section 12.14 Specified Senior Indebtedness 83 Section 12.15 Collateral Matters; Swap Agreements 98 83 Section 12.15 12.16 No Third Party Beneficiaries 98 83 Section 12.16 12.17 USA Patriot Act Notice 98 Section 12.17 General Partner Liability 98 Annex I List of Maximum Credit Amounts Exhibit A Form of Note Exhibit B Form of Compliance Certificate Exhibit C-1 Security Instruments Exhibit C-2 Form of Guarantee and Collateral Agreement Exhibit D Form of Assignment and Assumption Exhibit E-1 Form of Maximum Credit Amount Increase Certificate Exhibit E-2 Form of Additional Lender Certificate Schedule 1.02 Approved Counterparties Schedule 7.05 Litigation Schedule 7.11 Material Agreements Schedule 7.14 Subsidiaries and Partnerships Schedule 7.18 Gas Imbalances Schedule 7.19 Marketing Contracts Schedule 7.20 Swap Agreements THIS AMENDED AND RESTATED CREDIT AGREEMENT dated as of October 1, 2007, is among EV Energy Partners, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Parent”), EV Properties, L.P., a limited partnership duly formed and existing under the laws of the State of Delaware (the “Borrower”), each of the Lenders from time to time party hereto; JPMORGAN CHASE BANK, N.A. (in its individual capacity, “JPMorgan”), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”); BNP PARIBAS and (in its individual capacity, “BNP Paribas”) and WACHOVIA BANK, NATIONAL ASSOCIATION (in its individual capacity, “Wachovia”), as co-syndication agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Co-Syndication Agents”); and COMPASS BANK (in its individual capacity, “Compass”) and UNION BANK OF CALIFORNIA, N.A. (in its individual capacity, “UBOC”), as co-documentation agents for the Lenders (in such capacity, together with each of their successors in such capacity, the “Documentation Agent”).98