Waivers and Amendments Acknowledgments. (a) No failure or delay (whether by course of conduct or otherwise) by any Bank or Administrative Agent in exercising any right, power or remedy which they may have under any of the Loan Papers shall operate as a waiver thereof or of any other right, power or remedy, nor shall any single or partial exercise by any Bank or Administrative Agent of any such right, power or remedy preclude any other or further exercise thereof or of any other right, power or remedy. No waiver of any provision of any Loan Paper and no consent to any departure therefrom shall ever be effective unless it is in writing and signed by Majority Banks and/or Administrative Agent in accordance with Section 14.2(c), and then such waiver or consent shall be effective only in the specific instances and for the purposes for which given and to the extent specified in such writing. No notice to or demand on Borrower shall in any case of itself entitle Borrower to any other or further notice or demand in similar or other circumstances. This Agreement and the other Loan Papers set forth the entire understanding and agreement of the parties hereto and thereto with respect to the transactions contemplated herein and therein and supersede all prior discussions and understandings with respect to the subject matter hereof and thereof, and no modification or amendment of or supplement to this Agreement or the other Loan Papers shall be valid or effective unless the same is in compliance with Section 14.2(c).
(b) Borrower acknowledges and agrees, and acknowledges its Affiliates’ understanding, that (i) it has been advised by counsel in the negotiation, execution and delivery of the Loan Papers to which it is a party, (ii) it has made an independent decision to enter into this Agreement and the other Loan Papers to which it is a party, without reliance on any representation, warranty, covenant or undertaking by Banks or Agents whether written, oral or implicit, other than as expressly set out in this Agreement or in another Loan Paper delivered on or after the Effective Date, (iii) there are no representations, warranties, covenants, undertakings or agreements by any Bank or any Agent as to the Loan Papers except as expressly set out in this Agreement or in another Loan Paper delivered on or after the Effective Date, (iv) neither any Bank nor any Agent owes any fiduciary duty to Borrower or any other Credit Party with respect to any Loan Paper or the transactions contemplated thereby, (v) the relation...
Waivers and Amendments Acknowledgments. 76 Section 10.2. Survival of Agreements; Cumulative Nature................................................ 78 Section 10.3. Notices.................................................................................. 78 Section 10.4. Payment of Expenses; Indemnity........................................................... 79 Section 10.5. Joint and Several Liability; Parties in Interest; Assignments; Replacement Notes......... 80 Section 10.6. Confidentiality.......................................................................... 83 Section 10.7. Governing Law; Submission to Process..................................................... 83 Section 10.8. Limitation on Interest................................................................... 84 Section 10.9. Termination; Limited Survival............................................................ 85 Section 10.10. Severability............................................................................. 85 Section 10.11. Counterparts; Fax........................................................................ 85 Section 10.12. Waiver of Jury Trial, Punitive Damages, etc.............................................. 86 Section 10.13. Restatement.............................................................................. 86 Section 10.14.
Waivers and Amendments Acknowledgments. 67 Section 14.3. Expenses; Documentary Taxes; Indemnification.............................................68 Section 14.4. Right and Sharing of Set-Offs............................................................69 Section 14.5. Survival.................................................................................69 Section 14.6. Limitation on Interest...................................................................70 Section 14.7. Invalid Provisions.......................................................................71 Section 14.8. Waiver of Consumer Credit Laws...........................................................71 Section 14.9. Successors and Assigns...................................................................71 Section 14.10. TEXAS LAW................................................................................72 Section 14.11 Consent to Jurisdiction; Waiver of Immunities............................................73 Section 14.12. Counterparts; Effectiveness..............................................................73 Section 14.13. No Third Party Beneficiaries.............................................................73 Section 14.14. COMPLETE AGREEMENT.......................................................................73 Section 14.15. WAIVER OF JURY TRIAL, PUNITIVE DAMAGES, ETC..............................................74 Section 14.16. Fees and Expenses........................................................................74 Section 14.17. Notice of Final Agreement................................................................74 EXHIBITS Exhibit A Form of Note Exhibit B Form of Certificate of Ownership Interests Exhibit C Form of Request for Borrowing Exhibit D Form of Rollover Notice Exhibit E Form of Compliance Certificate Exhibit F Form of Assignment and Assumption Agreement SCHEDULES Schedule 1 Financial Institutions Schedule 2 Litigation Schedule 3 Organizational Structure CREDIT AGREEMENT THIS CREDIT AGREEMENT (this "Agreement") is entered into effective as of the 26th day of November, 2001, among CASTLE EXPLORATION COMPANY, INC., a Pennsylvania corporation ("Borrower"), CASTLE ENERGY CORPORATION, a Delaware corporation ("Parent"), BANK OF TEXAS, NATIONAL ASSOCIATION, a national banking association, as Administrative Agent ("Administrative Agent"), and BANK OF TEXAS, NATIONAL ASSOCIATION and any other financial institutions listed on Schedule 1 hereto as Banks (individually a "Bank" and collectively "Banks...
Waivers and Amendments Acknowledgments. 47 Section 10.2. Survival of Agreements; Cumulative Nature.............................................. 48 Section 10.3. Notices................................................................................ 49 Section 10.4. Payment of Expenses; Indemnity......................................................... 49 Section 10.5. Parties in Interest.................................................................... 50 Section 10.6. Assignments and Participations......................................................... 51 Section 10.7. Confidentiality........................................................................ 54 Section 10.8. Governing Law; Submission to Process................................................... 54 Section 10.9.
Waivers and Amendments Acknowledgments. Survival of Agreements; Cumulative Nature
Waivers and Amendments Acknowledgments. 96 Section 11.2. Survival of Agreements; Cumulative Nature ............................................ 98 Section 11.3. Notices; Effectiveness; Electronic Communication. ................................ 98 Section 11.4. Successors and Assigns; Joint and Several Liability. ............................. 100 Section 11.5. Confidentiality ........................................................................................ 104 Section 11.6. Governing Law; Submission to Process ................................................. 105 Section 11.7. Limitation on Interest .............................................................................. 105 Section 11.8. Severability ............................................................................................. 106 Section 11.9. Counterparts; Integration; Effectiveness ................................................. 106 Section 11.10. Waiver of Jury Trial, Punitive Damages, Etc ......................................... 107 Section 11.11. No Advisory or Fiduciary Responsibility ............................................... 107 Section 11.12. USA PATRIOT Act Notice .................................................................... 108 Section 11.13. Acknowledgement and Consent to Bail-In of EEA Financial Institutions ............................................................................... 108 Schedules and Exhibits: Schedule 1 - Lenders Schedule Schedule 2 - Security Schedule Schedule 3 - Disclosure Schedule Exhibit A - Promissory Note Exhibit B - Borrowing Notice Exhibit C - Compliance Certificate Exhibit D - Opinion of Counsel to Credit Parties Exhibit E - Assignment and Assumption
Waivers and Amendments Acknowledgments. 45 10.2 Survival of Agreements; Cumulative Nature...................................................... 47
Waivers and Amendments Acknowledgments. Survival of Agreements; Cumulative Nature Section 10.3. Notices
Waivers and Amendments Acknowledgments. 45 Section 10.2. Survival of Agreements; Cumulative Nature 46 Section 10.3. Notices 47 Section 10.4. Payment of Expenses; Indemnity 47 Section 10.5. Parties in Interest 48 Section 10.6. Assignments and Participations 49 Section 10.7. Confidentiality 50 Section 10.8. Governing Law; Submission to Process 51 Section 10.9. Limitation on Interest 51 Section 10.10. Termination; Limited Survival 52 Section 10.11. Severability 52 Section 10.12. Counterparts; Fax 52 Section 10.13. Waiver of Jury Trial, Punitive Damages, etc. 52 Section 10.14. Defined Terms 53 Section 10.15. Annex I, Exhibits and Schedules; Additional Definitions 53 Section 10.16. Amendment of Defined Instruments 53 Section 10.17. References and Titles 53 Section 10.18. Calculations and Determinations 53 Section 10.19. Construction of Indemnities and Releases 54 Section 10.20. Termination of Existing US Agreement 54 Schedules and Exhibits: Annex I - Defined Terms Annex II - Lenders Schedule Schedule 1 - Disclosure Schedule Schedule 2 - Surety Bonds & Letters of Credit Exhibit A-1 - Tranche A Promissory Note Exhibit A-2 - Tranche B Promissory Note Exhibit A-3 - US Swing Promissory Note Exhibit B - Borrowing Notice Exhibit C - Continuation/Conversion Notice Exhibit D - Certificate Accompanying Financial Statements Exhibit E - Opinion of Counsel for Restricted Persons Exhibit F - Assignment and Acceptance Agreement Exhibit G - Letter of Credit Application and Agreement Exhibit H - Competitive Bid Request Exhibit I - Invitation to Bid Exhibit J - Competitive Bid Exhibit K - Competitive Bid Accept/Reject Letter Exhibit L - Competitive Bid Note CREDIT AGREEMENT THIS CREDIT AGREEMENT is made as of October 15, 1999, by and among Devon Energy Corporation, a Delaware corporation (herein called "US Borrower"), Bank of America, N.A., individually and as administrative agent (herein called "US Agent"), and the undersigned Lenders. In consideration of the mutual covenants and agreements contained herein the parties hereto agree as follows:
Waivers and Amendments Acknowledgments. 35 SECTION 8.2 SURVIVAL OF AGREEMENTS; CUMULATIVE NATURE................ 36 SECTION 8.3 NOTICES.................................................. 36 SECTION 8.4 PAYMENT OF EXPENSES; INDEMNITY........................... 37 SECTION 8.5 PARTIES IN INTEREST; ASSIGNMENTS......................... 39 SECTION 8.6 CONFIDENTIALITY.......................................... 39 SECTION 8.7 GOVERNING LAW............................................ 39 SECTION 8.8 LIMITATION ON INTEREST................................... 40 SECTION 8.9 TERMINATION; LIMITED SURVIVAL............................ 40 SECTION 8.10 SEVERABILITY............................................. 40 SECTION 8.11 COUNTERPARTS; FACSIMILE EXECUTION........................ 40 SECTION 8.12 DISPUTE RESOLUTION....................................... 40 SECTION 8.13 SERVICE OF PROCESS....................................... 42 SECTION 8.14 ENGLISH LANGUAGE......................................... 43 SECTION 8.15
