FOURTH AMENDMENT TO FORBEARANCE AGREEMENTForbearance Agreement • October 31st, 2018 • Petroquest Energy Inc • Crude petroleum & natural gas
This FOURTH AMENDMENT TO FORBEARANCE AGREEMENT (this “Agreement”), dated as of October 31, 2018, is entered into by and among PetroQuest Energy, Inc., a Delaware corporation (the “Issuer”), the Subsidiaries of the Issuer that are parties hereto (the “Guarantors”) and the Holders (as defined below) that are parties hereto (each an “Initial Forbearing Holder” and collectively, the “Initial Forbearing Holders”).
FOURTH AMENDMENT TO FORBEARANCE AGREEMENTForbearance Agreement • October 31st, 2018 • Petroquest Energy Inc • Crude petroleum & natural gas
This FOURTH AMENDMENT TO FORBEARANCE AGREEMENT is entered into and dated as of October 31, 2018 (this “Agreement”) with respect to that certain Multidraw Term Loan Agreement dated as of August 31, 2018 among PetroQuest Energy, L.L.C., a Louisiana limited liability company (the “Borrower”), PetroQuest Energy, Inc., a Delaware corporation (the “Parent”), each of the Lenders from time to time party thereto, and Wells Fargo Bank, National Association, as administrative agent (in such capacity, the “Administrative Agent”; together with the Borrower, the Parent and the Lenders, each a “Party” and collectively, the “Parties”) (as amended by the Forbearance Agreement defined below and as otherwise amended and restated, supplemented or modified from time to time prior to the date hereof, the “Credit Agreement”).
