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EXHIBIT 10.1
FOURTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
This Fourth Amendment to Amended and Restated Credit Agreement (this
"Fourth Amendment") is executed as of the 4th day of May, 2001, to be effective
as of April 1, 2001 (the "Effective Date"), by and among Prize Energy Resources,
L.P., a Delaware limited partnership ("Borrower"), Prize Energy Corp., a
Delaware corporation ("Parent"), Fleet National Bank, a national banking
association, as Administrative Agent ("Administrative Agent"), and the financial
institutions a party hereto as Banks.
W I T N E S S E T H:
WHEREAS, Borrower, Parent, Administrative Agent, First Union National
Bank, as Syndication Agent, CIBC Inc., as Documentation Agent, Bank One, NA,
successor-in-interest to Bank One, Texas, N.A., as Lead Manager, Fleet National
Bank, First Union National Bank, CIBC Inc., Bank One, NA, successor-in-interest
to Bank One, Texas, N.A., Christiania Bank, Bank of Scotland, Comerica
Bank-Texas, Fortis Capital Corp., The Bank of Nova Scotia and The Frost National
Bank (collectively, the "Existing Banks") are parties to that certain Amended
and Restated Credit Agreement dated as of February 8, 2000 (as amended, the
"Credit Agreement") (unless otherwise defined herein, all terms used herein with
their initial letter capitalized shall have the meaning given such terms in the
Credit Agreement); and
WHEREAS, pursuant to the Credit Agreement, the Existing Banks have made
a revolving credit/term loan to Borrower; and
WHEREAS, prior to the execution of this Fourth Amendment, certain of
the Existing Banks (herein referred to as "Assigning Banks") have entered into
Assignment and Assumption Agreements with BNP Paribas and U.S. Bank National
Association (herein referred to as "Assignee Banks" and together with the
Existing Banks, collectively, the "Banks"), pursuant to which such Assigning
Banks assigned to such Assignee Banks, and Assignee Banks (a) acquired from such
Assigning Banks (as applicable) a portion of each such Assigning Bank's
Commitments and a portion of the Loans and Letter of Credit Exposure held by
each such Assigning Bank (as applicable) under the Credit Agreement, (b) assumed
and agreed to perform a portion of each such Assigning Bank's (as applicable)
obligations under the Credit Agreement and the other Loan Papers, and (c) became
a party to, and a "Bank" under, the Credit Agreement and the other Loan Papers;
and
WHEREAS, Schedule 1 attached hereto reflects the Commitments of each
Bank after giving effect to the Assignment and Acceptance Agreements referenced
above, and, pursuant to Section 15.9 of the Credit Agreement, Schedule 1 to the
Credit Agreement is deemed amended and restated in the form of Schedule 1
attached hereto; and
WHEREAS, Parent and Borrower have requested that the Banks (i) amend
certain terms of the Credit Agreement in certain respects, and (ii) establish a
Borrowing Base of $375,000,000 to be effective as of the Effective Date and
continuing until the next Determination; and
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WHEREAS, subject to the terms and conditions set forth herein, the
Banks have agreed to Parent's and Borrower's requests.
NOW THEREFORE, for and in consideration of the mutual covenants and
agreements herein contained and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged and confessed, Parent,
Borrower, Administrative Agent and each Bank hereby agree as follows:
SECTION 1. Amendments. In reliance on the representations, warranties,
covenants and agreements contained in this Fourth Amendment, and subject to the
satisfaction of the conditions precedent set forth in Section 3 hereof, the
Credit Agreement is hereby amended effective as of the Effective Date in the
manner provided in this Section 1.
1.1. Amendment to Definitions. The definitions of "Consolidated
Current Assets," "Consolidated Current Liabilities," "Consolidated Net Income,"
"Loan Papers" and "Revolver Conversion Date" contained in Section 2.1 of the
Credit Agreement shall be amended to read in full as follows:
"Consolidated Current Assets" means, for any Person at any
time, the sum of (a) the current assets of such Person and its
Consolidated Subsidiaries at such time determined in accordance with
GAAP, plus (b) in the case of Parent and Borrower, and prior to the
Revolver Conversion Date, the Availability at such time. For purposes
of this definition, any non-cash gains on any Hedge Agreement resulting
from the requirements of SFAS 133 for any period of determination shall
be excluded from the determination of the current assets of such Person
and its Consolidated Subsidiaries.
"Consolidated Current Liabilities" means, for any Person at
any time, the current liabilities of such Person and its Consolidated
Subsidiaries at such time determined in accordance with GAAP, but, in
the case of Parent, excluding CMLTD of Parent and its Consolidated
Subsidiaries at such time. For purposes of this definition, any
non-cash losses or charges on any Hedge Agreement resulting from the
requirements of SFAS 133 for any period of determination shall be
excluded from the determination of the current liabilities of such
Person and its Consolidated Subsidiaries.
"Consolidated Net Income" means, for any Person as of any
period, the net income (or loss) of such Person and its Consolidated
Subsidiaries for such period determined in accordance with GAAP, but
excluding: (a) the income of any other Person (other than its
Consolidated Subsidiaries) in which such Person or any of its
Subsidiaries has an ownership interest, unless received by such Person
or its Consolidated Subsidiaries in a cash distribution; (b) any
after-tax gains attributable to asset dispositions; (c) any non-cash
gains, losses or charges on any Hedge Agreement resulting from the
requirements of SFAS 133 for that period; (d) to the extent not
included in clauses (a), (b) and (c) above, any after-tax (i)
extraordinary gains (net of extraordinary losses) or (ii) non-cash
nonrecurring gains, and (e) non-cash or non-recurring charges.
"Loan Papers" means this Agreement, the First Amendment, the
Second Amendment, the Third Amendment, the Fourth Amendment, the Notes,
each Facility
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Guaranty now or hereafter executed (and any ratification thereof), the
Mortgages, the Assignments and Amendments to Mortgages, each Parent
Pledge Agreement now or hereafter executed, each Subsidiary Pledge
Agreement now or hereafter executed, the Borrower Assumption Agreement,
and all other certificates, documents or instruments delivered in
connection with this Agreement, as the foregoing may be amended from
time to time.
"Revolver Conversion Date" means June 29, 2004.
1.2. Additional Definition. Section 2.1 of the Credit Agreement
shall be amended to add the following definition to such Section:
"Hedge Agreements" means, collectively, any agreement,
instrument, arrangement or schedule or supplement thereto evidencing
any Hedge Transaction.
1.3. New Schedule. Schedule 1 attached to the Credit Agreement
shall be replaced in its entirety by Schedule 1 attached to this Fourth
Amendment.
SECTION 2. Borrowing Base Effective as of the Effective Date. In
reliance on the representations, warranties, covenants and agreements contained
in this Fourth Amendment, upon the satisfaction of each condition precedent set
forth in Section 3 hereof (evidenced by a written notice to that effect from
Administrative Agent to Borrower), the Borrowing Base shall be increased from
$325,000,000 to $375,000,000 and shall remain at $375,000,000 until the next
Determination thereafter. Parent, Borrower and the Banks agree that the
Determination provided for in this Section 2 shall not be construed or deemed to
be a Special Determination for purposes of Section 5.3 of the Credit Agreement.
SECTION 3. Conditions Precedent. The effectiveness of (a) the
amendments to the Credit Agreement contained in Section 1 hereof, and (b) the
increase in the Borrowing Base pursuant to Section 2 hereof is subject to the
satisfaction of each of the following conditions precedent on or before the
Effective Date:
3.1. Completion of Apache Acquisition. Borrower shall have
completed the acquisition (the "Apache Acquisition") of the Apache Properties
substantially in accordance with the terms of that certain Purchase and Sale
Agreement dated December 29, 2000, by and between Borrower and Apache
Corporation (as amended, the "Apache Acquisition Agreement"). As used herein,
the term "Apache Properties" means the Mineral Interests to be acquired by
Borrower pursuant to the Apache Acquisition Agreement.
3.2. Additional Security. To the extent required by Section 6.1 of
the Credit Agreement, Borrower shall execute and deliver to Administrative
Agent, for the ratable benefit of each Bank, Mortgages in form and substance
acceptable to Administrative Agent granting, evidencing and perfecting a first
and prior Lien (subject only to Permitted Encumbrances) covering and encumbering
Proved Mineral Interests owned by Borrower (after giving effect to the Apache
Acquisition) which are not the subject of existing valid, enforceable, and
perfected first priority Liens (subject to Permitted Encumbrances) in favor of
Administrative Agent for the ratable benefit of each Bank (including, without
limitation, the Apache Properties). Borrower shall also deliver to
Administrative Agent such opinions of counsel as Administrative Agent
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shall deem necessary or appropriate to verify the validity, perfection and
priority of the Liens created by such Mortgages and such other matters regarding
such Mortgages as Administrative Agent shall reasonably request.
3.3. Title Review. Administrative Agent and its counsel shall have
completed a review of title (including opinions of title) to that portion of the
Apache Properties which results in Administrative Agent and its counsel having
reviewed title with respect to the Title Required Reserve Value of all Borrowing
Base Properties (after giving effect to the Apache Acquisition). Such review
shall not have revealed any condition or circumstance which would reflect that
the representations and warranties contained in Section 8.9 of the Credit
Agreement are inaccurate in any respect.
3.4. Environmental Review. Administrative Agent and its counsel
shall have been provided with, and shall have completed a review of, such
environmental reports and summaries required by Administrative Agent with
respect to the Apache Properties, and such review shall not have revealed any
condition or circumstance which would reflect that, upon completion of the
Apache Acquisition, the representations and warranties contained in Section 8.16
of the Credit Agreement are inaccurate in any respect.
3.5. Material Agreements. Administrative Agent shall have been
provided with a fully executed copy of the Apache Acquisition Agreement and all
other material documents, instruments and agreements executed and/or delivered
by any Credit Party in connection with the Apache Acquisition, together with a
certificate from an Authorized Officer of Borrower certifying that such copies
are accurate and complete and represent the complete understanding and agreement
of the parties with respect to the subject matter thereof.
3.6. New Notes. Administrative Agent shall have received a Note
payable to the order of each Bank (as applicable), each in the amount of such
Bank's Commitment as reflected on the new Schedule 1 attached to this Fourth
Amendment.
3.7. Borrowing Base Increase Fee. Administrative Agent shall have
received, for the benefit of each Bank (as applicable), all fees due and payable
in connection with the increase in the Borrowing Base pursuant to Section 2
hereof.
3.8. Resolutions. Parent and Borrower shall have provided
Administrative Agent with copies of resolutions and comparable authorizations
approving this Fourth Amendment and any other Loan Papers to be executed or
delivered pursuant hereto and authorizing the transactions contemplated by this
Fourth Amendment and any other Loan Papers to be executed or delivered pursuant
hereto, duly adopted by the Board of Directors and partners of Parent and
Borrower (as applicable) accompanied by a certificate of the Secretary or
comparable Authorized Officer or partner of Parent or Borrower (as applicable)
that such copies are true and correct copies of resolutions duly adopted at a
meeting of or (if permitted by applicable Law and, if required by such Law, by
the Bylaws or other charter documents of Parent and Borrower, as applicable) by
the unanimous written consent of the Board of Directors of Parent and Borrower
(as applicable), and that such resolutions constitute all the resolutions
adopted with respect to such transactions, have not been amended, modified or
revoked in any respect, and are in full force and effect as of the date hereof.
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3.9. Consents of Partners. Borrower shall have provided
Administrative Agent with copies of consents of partners of Borrower (to the
extent required) to the transactions contemplated by this Fourth Amendment and
the other Loan Papers executed in connection herewith, duly executed by each
partner of Borrower required to consent to such transactions, accompanied by
certificates of the Secretary or comparable Authorized Officers or partners of
Borrower that such copies are true and correct copies of all consents of the
partners of Borrower required to be executed and granted pursuant to Borrower's
partnership agreement and all other comparable charter documents of Borrower.
3.10. No Default. No Default or Event of Default shall have occurred
which is continuing.
3.11. Fees. Borrower shall have paid to Administrative Agent any
fees payable to Administrative Agent or any Affiliate of Administrative Agent
pursuant to this Fourth Amendment and any separate agreement between Borrower,
Administrative Agent or any Affiliate of Administrative Agent in consideration
for providing services in connection with the credit facilities provided by the
Credit Agreement.
3.12. Other Documents. Administrative Agent shall have been provided
with such other documents, instruments and agreements, and Parent and Borrower
shall have taken such actions, as Administrative Agent may reasonably require in
connection with this Fourth Amendment and the transactions contemplated hereby.
SECTION 4. Representations and Warranties of Borrower. To induce the
Banks and Administrative Agent to enter into this Fourth Amendment, Parent and
Borrower hereby jointly and severally represent and warrant to the Banks and
Administrative Agent as follows:
4.1. Reaffirm Existing Representations and Warranties. Each
representation and warranty of each Credit Party contained in the Credit
Agreement and the other Loan Papers is true and correct on the date hereof and
will be true and correct after giving effect to the amendments set forth in
Section 1 hereof.
4.2. Due Authorization; No Conflict. The execution, delivery and
performance by Parent and Borrower of this Fourth Amendment are within Parent's
and Borrower's corporate and partnership powers (as applicable), have been duly
authorized by all necessary action, require no action by or in respect of, or
filing with, any governmental body, agency or official and do not violate or
constitute a default under any provision of applicable law or any Material
Agreement binding upon Parent or Borrower or any other Credit Party or result in
the creation or imposition of any Lien upon any of the assets of any Credit
Party except Permitted Encumbrances.
4.3. Validity and Enforceability; Extension of Liens. This Fourth
Amendment constitutes the valid and binding obligation of Parent and Borrower
enforceable in accordance with its terms, except as (i) the enforceability
thereof may be limited by bankruptcy, insolvency or similar laws affecting
creditor's rights generally, and (ii) the availability of equitable remedies may
be limited by equitable principles of general application.
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4.4. No Default or Event of Default. No Default or Event of Default
has occurred which is continuing.
4.5. Acquisition Documents. No material rights or obligations of
any party to any of the Apache Acquisition Documents have been waived and
neither Parent, Borrower, any other Credit Party, nor, to the best knowledge of
Parent and Borrower, any other party to any of such Apache Acquisition
Documents, is in default of its obligations thereunder. Each of the Apache
Acquisition Documents is a valid, binding and enforceable obligation of the
parties thereto in accordance with its terms and is in full force and effect.
Each representation and warranty made by Parent and Borrower (as applicable),
and to the best knowledge of Parent and Borrower, by the seller in the Apache
Acquisition Documents (a) was true and correct when made, and (b) will be true
and correct on the Effective Date. As used herein, the term "Apache Acquisition
Documents" means the Apache Acquisition Agreement, and all agreements,
assignments, deeds, conveyances, certificates and other documents and
instruments now or hereafter executed and delivered by or between Parent,
Borrower and the seller thereunder pursuant to the Apache Acquisition Agreement,
or in connection with the Apache Acquisition.
SECTION 5. Miscellaneous.
5.1. Reaffirmation of Loan Papers. Any and all of the terms and
provisions of the Credit Agreement and the Loan Papers shall, except as amended
and modified hereby, remain in full force and effect. The amendments
contemplated hereby shall not limit or impair any Liens securing the
Obligations, each of which are hereby ratified, affirmed and extended to secure
the Obligations as they may be increased pursuant hereto.
5.2. Parties in Interest. All of the terms and provisions of this
Fourth Amendment shall bind and inure to the benefit of the parties hereto and
their respective successors and assigns.
5.3. Legal Expenses. Parent and Borrower hereby jointly and
severally agree to pay on demand all reasonable fees and expenses of counsel to
Administrative Agent incurred by Administrative Agent in connection with the
preparation, negotiation and execution of this Fourth Amendment and all related
documents.
5.4. Counterparts. This Fourth Amendment may be executed in
counterparts, and all parties need not execute the same counterpart; however, no
party shall be bound by this Fourth Amendment until all parties have executed a
counterpart. Facsimiles shall be effective as originals.
5.5. Complete Agreement. THIS FOURTH AMENDMENT, THE CREDIT
AGREEMENT AND THE OTHER LOAN PAPERS REPRESENT THE FINAL AGREEMENT AMONG THE
PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR
ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN
OR AMONG THE PARTIES.
5.6. Headings. The headings, captions and arrangements used in this
Fourth Amendment are, unless specified otherwise, for convenience only and shall
not be deemed to limit, amplify or modify the terms of this Fourth Amendment,
nor affect the meaning thereof.
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5.7. Effectiveness. This Fourth Amendment shall be effective
automatically and without necessity of any further action by Borrower, Parent,
Administrative Agent or Banks when counterparts hereof have been executed by
Borrower, Parent and all Banks, and all conditions to the effectiveness hereof
set forth herein have been satisfied.
IN WITNESS WHEREOF, the parties hereto have caused this Fourth
Amendment to be duly executed by their respective Authorized Officers on the
date and year first above written.
[Signature pages to follow]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
PARENT:
PRIZE ENERGY CORP.,
a Delaware corporation
By: /s/ Xxx X. Xxxx
----------------
Xxx X. Xxxx,
President
BORROWER:
PRIZE ENERGY RESOURCES, L.P.,
a Delaware limited partnership
By: Prize Operating Company,
a Delaware corporation,
its sole general partner
By: /s/ Xxx X. Xxxx
----------------
Xxx X. Xxxx,
President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
ADMINISTRATIVE AGENT:
FLEET NATIONAL BANK,
as Administrative Agent
By: /s/ Xxxxxxx Xxxxxxxxx
----------------------
Xxxxxxx Xxxxxxxxx,
Vice President
FLEET NATIONAL BANK,
as a Bank
By: /s/ Xxxxxxx Xxxxxxxxx
----------------------
Xxxxxxx Xxxxxxxxx,
Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
FIRST UNION NATIONAL BANK
By: /s/ Xxxxx Xxxxxxxxx
--------------------
Xxxxx Xxxxxxxxx,
Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
CIBC INC.
By: /s/ Xxxx Xxxxxx
----------------
Xxxx X. Xxxxxx,
Authorized Signature
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
BANK ONE, NA
By: /s/ W. Xxxx Xxxxxxx
--------------------
W. Xxxx Xxxxxxx,
Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
CHRISTIANIA BANK
By: /s/ Xxxxx X. Xxxxx
-------------------
Xxxxx X. Xxxxx,
Senior Vice President
By: /s/ Xxxxxxx X. Xxxxxxxx
------------------------
Xxxxxxx X. Xxxxxxxx,
First Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
BANK OF SCOTLAND
By: /s/ Xxxxxx Xxxxxx
------------------
Xxxxxx Xxxxxx,
Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
COMERICA BANK - TEXAS
By: /s/ V. Xxxx Xxxxx
------------------
V. Xxxx Xxxxx,
Senior Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
FORTIS CAPITAL CORP.
By: /s/ Xxxxxxx Xxxxxxx
--------------------
Xxxxxxx Xxxxxxx,
Vice President
By: /s/ Xxxxxxx X. Xxxxxx
----------------------
Xxxxxxx X. Xxxxxx,
Managing Director
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
THE BANK OF NOVA SCOTIA
By: /s/ F.C.H. Xxxxx
-----------------
F.C.H. Xxxxx,
Senior Manager Loan Operations
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
THE FROST NATIONAL BANK
By: /s/ Xxxx x. Xxxxxx
-------------------
Xxxx X. Xxxxxx,
Senior Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
BNP PARIBAS
By: /s/ Xxxxx Xxxxxx
-----------------
Xxxxx Xxxxxx,
Vice President
By: /s/ Xxxxx Xxxxxxxx
------------------
Xxxxx Xxxxxxxx,
Vice President
[Signature Page]
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SIGNATURE PAGE
TO
FOURTH AMENDMENT TO AMENDED AND RESTATED
CREDIT AGREEMENT BY AND AMONG
PRIZE ENERGY CORP., PRIZE ENERGY RESOURCES, L.P.,
FLEET NATIONAL BANK, AS ADMINISTRATIVE AGENT,
AND THE BANKS A PARTY THERETO
U.S. BANK NATIONAL ASSOCIATION
By: /s/ X. Xxxx Poizin
-------------------
X. Xxxx Poizin,
Vice President
[Signature Page]
