GUARANTYGuaranty • June 17th, 2019 • RGC Resources Inc • Natural gas transmisison & distribution • Virginia
This GUARANTY (this “Guaranty”), dated as of June 12, 2019, by and between RGC RESOURCES, INC., a Virginia corporation (“Guarantor”), and ATLANTIC UNION BANK (“Lender”).
GUARANTY AGREEMENTGuaranty Agreement • June 17th, 2019 • RGC Resources Inc • Natural gas transmisison & distribution • Virginia
As an inducement to Branch Banking and Trust Company ("Bank"), to extend credit to and to otherwise deal with RGC MIDSTREAM, LLC ("Borrower"), and in consideration thereof, the undersigned (the “Guarantor” and each of the undersigned Guarantors, jointly and severally, if more than one) hereby unconditionally guarantees to Bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, ACH obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of Borrower, at any time, including without limitation, all obligations of Borrower under any swap / interest rate protection agreements, whether now existing or hereafter incurred with or held by Bank, together with interest, as and when the same become due and payable, and whether by acceleration or otherwise (collectively, the “Obligations”), in accordance with the terms of the Obligations including all renewals, extensions and modifications thereof. This Guaranty is
TERM LOAN AGREEMENTTerm Loan Agreement • June 17th, 2019 • RGC Resources Inc • Natural gas transmisison & distribution • Virginia
Borrower has requested that Lender provide a term loan facility, and Lender is willing to do so on the terms and conditions set forth herein. In consideration of the mutual covenants and agreements in this Agreement, the parties covenant and agree as follows:
LOAN AGREEMENTLoan Agreement • June 17th, 2019 • RGC Resources Inc • Natural gas transmisison & distribution • Virginia
Borrower has requested that Lender provide a term loan, and Lender is willing to do so on the terms and conditions set forth herein. In consideration of the mutual covenants and agreements in this Agreement, the parties covenant and agree as follows:
RGC MIDSTREAM, LLC 519 KIMBALL AVE, NE PO BOX 13007 ROANOKE, VA 24030-3007 Attn: Paul Nester Phone:540-777-3837 Email:paul_nester@rgcresources.com Reference: MX_194851RGC Resources Inc • June 17th, 2019 • Natural gas transmisison & distribution • New York
The purpose of this letter agreement is to confirm the terms and conditions of the Interest Rate Swap transaction (the "Transaction") entered into between RGC MIDSTREAM, LLC ("COUNTERPARTY") and Atlantic Union Bank ("ATLANTIC UNION BANK") on the Trade Date specified below. 1. The definitions and provisions contained in the 2006 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc.) and any addenda or revisions thereto, are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern. 2. This Confirmation constitutes a “Confirmation” as referred to in, and supplements, forms part of and is subject to, that certain ISDA Master Agreement and related Schedule between COUNTERPARTY and ATLANTIC UNION BANK, dated as of June 6, 2019 (as amended, modified, supplemented, renewed or restated from time to time, the "ISDA Master Agreement"). All provisions co
