GUARANTEE AND COLLATERAL AGREEMENT made by HANOVER COMPRESSOR COMPANY HANOVER COMPRESSION LIMITED PARTNERSHIP and certain of their Subsidiaries in favor of JPMORGAN CHASE BANK, as Administrative Agent Dated as of January 31, 2003Guarantee and Collateral Agreement • February 7th, 2003 • Hanover Compressor Co / • Services-equipment rental & leasing, nec • New York
GUARANTEE AND COLLATERAL AGREEMENT, dated as of January 31, 2003, made by each of the signatories hereto (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of JPMorgan Chase Bank, as Administrative Agent (in such capacity, the “Administrative Agent”) for the banks and other financial institutions or entities (the “Lenders”) from time to time parties to the Credit Agreement, dated as of December 15, 1997 as amended and restated on December 3, 2001 (as may be further amended, supplemented or otherwise modified from time to time, the “Senior Credit Agreement”), among Hanover Compressor Company (“Holdings”), Hanover Compression Limited Partnership (formerly known as Hanover Compression Inc.) (“HCC”), the Lenders and the Administrative Agent.
AMENDMENTAmendment • February 7th, 2003 • Hanover Compressor Co / • Services-equipment rental & leasing, nec • New York
AMENDMENT, dated as of January 31, 2003 (this “Amendment”), under (i) the Guarantee (the “2000B Guarantee”) and the Credit Agreement (the “2000B Credit Agreement”), as defined in the Participation Agreement, dated as of October 27, 2000 (as the same may have been, amended, supplemented or otherwise modified from time to time, the “2000B Participation Agreement”), among Hanover Compression Limited Partnership (formerly known as Hanover Compression Inc., “HCC”), Hanover Equipment Trust 2000B, (the “2000B Lessor”), Bank Hapoalim B.M. and FBTC Leasing Corp., as investors, the lenders parties thereto (the “2000B Lenders”), JPMorgan Chase Bank (formerly known as The Chase Manhattan Bank), a New York banking corporation, as the administrative agent for the 2000B Lenders (the “Administrative Agent”), and the other parties thereto, (ii) the Guarantee (the “2000A Guarantee”) and the Credit Agreement (the “2000A Credit Agreement”), as defined in the Participation Agreement, dated as of March 13,
