Pure Resources, Inc.
Exhibit 10.10
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Letter Agreement, dated June 22, 2000, among Titan Exploration, Inc., Chase Bank
of Texas, N.A., and Financial Institutions now and thereafter parties thereto.
EXHIBIT 10.10
June 22, 2000
To the Banks and Financial Institutions
Listed on Schedule 1 Hereto
Re: Credit Agreement dated as of June 24, 1999 (as amended to date, the
"Credit Agreement") among Titan Exploration, Inc., as Borrower
("Borrower"), Chase Bank of Texas, National Association, as Agent, and
the Lenders Signatory Thereto
Ladies and Gentlemen:
Reference is made to the Credit Agreement for the meanings of terms defined
therein which, unless otherwise defined in this letter, shall have the same
meanings when used herein.
Last December, Agent and Lenders agreed with Borrower to extend the
Maturity Date under the Credit Agreement to April 1, 2001. Borrower now
requests Lenders' and Agent's agreement that the term "Maturity Date" in the
Credit Agreement will hereafter refer to July 1, 2001 rather than April 1, 2001.
Please execute a copy of this letter in the space provided below to
evidence this requested agreement. Thank you very much for your cooperation.
Yours truly,
TITAN EXPLORATION, INC.
By:/s/ Xxxx X. Xxxxxxxx
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Name: Xxxx X. Xxxxxxxx
Title: Vice President - Accounting & Controller
AGREED TO as of the date first written above:
CHASE BANK OF TEXAS, NATIONAL
ASSOCIATION
Individually, as Issuing Bank, and as
Administrative Agent
By: /s/ Xxxxxx X. Xxxxxxxxxxx
--------------------------
Name: Xxxxxx X. Xxxxxxxxxxx
Title: Managing Director
FIRST UNION NATIONAL BANK, Individually
and as Documentation Agent
By: /s/ Xxxxx Xxxxxxxxx
--------------------
Name: Xxxxx Xxxxxxxxx
Title: Vice President
XXXXXX GUARANTY TRUST COMPANY OF NEW YORK,
Individually and as Syndication Agent
By: /s/ Xxxxxxx Xxxxx
------------------
Name: Xxxxxxx Xxxxx
Title: Vice President
CREDIT LYONNAIS NEW YORK BRANCH
By: /s/ Philippe Soustra
---------------------
Name: Philippe Soustra
Title: Senior Vice President
BANK ONE, TEXAS, N.A.
By: /s/ Wm. Xxxx Xxxxxxx
---------------------
Name: Wm. Xxxx Xxxxxxx
Title: Vice President
PARIBAS
By: /s/ Xxxxx Xxxxxx
-----------------
Name: Xxxxx Xxxxxx
Title: Director
UNION BANK OF CALIFORNIA, N.A.
By: /s/ Xxxx Xxxxxxxxxx
--------------------
Name: Xxxx Xxxxxxxxxx
Title: Vice President
SCHEDULE 1
Chase Bank of Texas, N.A.
One Chase Xxxxxxxxx Xxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxxx Xxxxxxx Agency Services
First Union National Bank
c/o First Union Corporation
0000 Xxxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, Xxxxx 00000-0000
Attention: Xx. Xxxxx Xxxxxxxx
Xxxxxx Guaranty Trust
Company of New York
00 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxxxx XxXxxx
Credit Lyonnais New York Branch
c/o Credit Lyonnais
Houston Representative Xxxxxx
0000 Xxxxxxxxx, Xxxxx 0000
Xxxxxxx, Xxxxx 00000
Attention: Xxxx X. Xxxxx
Bank One, Texas, N.A.
0000 Xxxx Xxxxxx
Xxxxxx, Xxxxx 00000
Attention: Xxxx Xxxxxxx
Paribas
0000 Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, Xxxxx 00000
Attention: Xxxxx Xxxxxx
Union Bank of California, N.A.
0000 Xxxxxxx Xxxxx
000 Xxxxx Xxxxx
Xxxxxx, Xxxxx 00000
Attention: Xxxx Xxxxxxxxxx
cc: Chase Securities, Inc.
000 Xxxxxx Xxxxxx, 0X00
Xxxxxxx, Xxxxx 00000
Attention: Xxxxxx X. Xxxxxxxxxxx
