PLEDGE AND SECURITY AGREEMENT (Quest Midstream Partners, L.P.)Pledge and Security Agreement • March 16th, 2007 • Quest Resource Corp • Crude petroleum & natural gas • New York
THIS PLEDGE AND SECURITY AGREEMENT (herein referred to as this “Security Agreement”) is executed as of January 31, 2007, by QUEST MIDSTREAM PARTNERS, L.P. a Delaware limited partnership (“Debtor”), whose address is 9520 N. May Avenue, Suite 300, Oklahoma City, Oklahoma 73120, for the benefit of ROYAL BANK OF CANADA (in its capacity as “Administrative Agent” and “Collateral Agent” for the Lenders (hereafter defined)), as “Secured Party,” whose address is Royal Bank Plaza, P.O. Box 50, 200 Bay Street, 12th Floor, South Tower, Toronto, Ontario M5J 2W7.
CREDIT AGREEMENT among BLUESTEM PIPELINE, LLC, as the Borrower, QUEST MIDSTREAM PARTNERS, L.P., as a Guarantor ROYAL BANK OF CANADA, as Administrative Agent and Collateral Agent and The Lenders Party Hereto SENIOR CREDIT FACILITY RBC CAPITAL MARKETS...Credit Agreement • March 16th, 2007 • Quest Resource Corp • Crude petroleum & natural gas • New York
THIS CREDIT AGREEMENT (“Agreement”) is entered into as of January 31, 2007, among BLUESTEM PIPELINE, LLC, a Delaware limited liability company (the “Borrower”), QUEST MIDSTREAM PARTNERS, L.P., a Delaware master limited partnership (the “MLP”), each lender from time to time party hereto (collectively, the “Lenders” and individually, “Lender”), ROYAL BANK OF CANADA, as Administrative Agent and Collateral Agent.
MORTGAGE, ASSIGNMENT, SECURITY AGREEMENT, FIXTURE FILING AND FINANCING STATEMENT FROM BLUESTEM PIPELINE, LLC TO ROYAL BANK OF CANADA, ADMINISTRATIVE AND COLLATERAL AGENT Dated January 31, 2007Mortgage, Assignment, Security Agreement, Fixture Filing and Financing Statement • March 16th, 2007 • Quest Resource Corp • Crude petroleum & natural gas • New York
MAXIMUM SECURED AMOUNT. NOTWITHSTANDING ANY PROVISION HEREOF TO THE CONTRARY, THE OUTSTANDING INDEBTEDNESS SECURED BY THIS INSTRUMENT AND ITS COUNTERPARTS SHALL NOT, AT ANY TIME OR FROM TIME TO TIME, EXCEED AN AGGREGATE MAXIMUM AMOUNT OF $75,000,000. THE INDEBTEDNESS IS SECURED BY PROPERTIES IN THE STATE OF KANSAS AND IN THE STATE OF OKLAHOMA. THE PROPERTIES IN THE STATE OF KANSAS ARE IN MORE THAN ONE COUNTY. AN AFFIDAVIT OF EVEN DATE WITH THIS INSTRUMENT WILL BE PREPARED BY THE MORTGAGOR ALLOCATING THE VALUES OF THE PROPERTIES BETWEEN THE STATES AND AMONG THE COUNTIES. THE TERMS OF THE AFFIDAVIT ARE INCORPORATED HEREIN.
GUARANTYGuaranty • March 16th, 2007 • Quest Resource Corp • Crude petroleum & natural gas • New York
THIS GUARANTY (this “Guaranty”), dated as of January 31, 2007, is made by QUEST MIDSTREAM PARTNERS, L.P., a Delaware limited partnership (the “Guarantor”), in favor of ROYAL BANK OF CANADA, as administrative agent for the Lenders (as defined below).
