FIRST AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • May 13th, 2004 • Gateway Energy Corp/Ne • Natural gas transmission • Texas
Reference is made to First Amended and Restated Credit Agreement dated as of March 31, 2003, as amended by the First Amendment to the First Amended and Restated Credit Agreement dated as of March 31, 2003 and Second Amendment to the First Amended and Restated Credit Agreement dated as of November 15, 2003 (sometimes collectively referred to as the “Agreement”), between GATEWAY PIPELINE COMPANY, a Texas corporation and GATEWAY PROCESSING COMPANY, a Texas corporation (collectively “Borrowers”), GATEWAY ENERGY CORPORATION, a Delaware corporation (“Guarantor”) and SOUTHWEST BANK OF TEXAS, N. A., a national banking association (the “Lender”), pursuant to which the Borrowers amended and restated, upon the terms and conditions therein stated, a One Million Five Hundred Thousand Dollars ($1,500,000.00) credit facility (“Loan”) with a Maturity Date of December 31, 2005, subject to the conditions and covenants in the Agreement and Loan Documents.
FIRST AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • May 13th, 2004 • Gateway Energy Corp/Ne • Natural gas transmission • Texas
Reference is made to First Amended and Restated Credit Agreement dated as of March 31, 2003, as amended by the First Amendment to First Amended and Restated Credit Agreement dated as of July 31, 2003 (collectively the “Agreement”), between GATEWAY PIPELINE COMPANY, a Texas corporation and GATEWAY PROCESSING COMPANY, a Texas corporation (collectively “Borrowers”), GATEWAY ENERGY CORPORATION, a Texas corporation (“Guarantor”) and SOUTHWEST BANK OF TEXAS, N. A., a national banking association (the “Lender”), pursuant to which the Borrowers amended and restated, upon the terms and conditions therein stated, a One Million Five Hundred Thousand Dollar ($1,500,000.00) credit facility (“Loan”) with a Maturity Date of December 31, 2005, subject to the conditions and covenants in the Agreement and Loan Documents.
