FIRST LIEN GUARANTY AGREEMENTFirst Lien Guaranty Agreement • December 24th, 2013 • Gastar Exploration USA, Inc. • Crude petroleum & natural gas • New York
THIS FIRST LIEN GUARANTY dated as of December 18, 2013 (this “Guaranty”), is between GASTAR EXPLORATION INC., a Delaware corporation (“Guarantor”) and Wells Fargo Bank, National Association, as collateral agent (in such capacity, the “Collateral Agent”), for the ratable benefit of itself, the Administrative Agent (as defined below), the Lenders (as defined below), the Issuing Lender (as defined below), the Swing Line Lender (as defined below), the Banking Service Providers (as defined in the Credit Agreement), and the Lender Swap Counterparties (as defined below) (together with the Collateral Agent, the Administrative Agent, the Issuing Lender, the Swing Line Lender, the Banking Service Providers, and the Lenders, individually a “Beneficiary”, and collectively, the “Beneficiaries”).
PARENT GUARANTEEParent Guarantee • December 24th, 2013 • Gastar Exploration USA, Inc. • Crude petroleum & natural gas
This Parent Guarantee, dated as of December 23, 2013, (this “Parent Guarantee”) is made and entered into by Gastar Exploration, Inc., a Delaware corporation (“Parent”), in favor, and for the equal and ratable benefit, of the Holders (as defined in the Indenture defined below) of the 8 5/8% Senior Secured Notes due 2018 (the “Notes”) issued by Gastar Exploration USA, Inc., a Delaware corporation (the “Company”) pursuant to that certain Indenture dated as of May 15, 2013 among the Company, the Subsidiary Guarantors (as defined in such Indenture) and Wells Fargo Bank, National Association, and any and all successors thereto, as trustee and as collateral agent (the “Indenture”). Each capitalized term used but not otherwise defined herein shall have the same meaning as such term set forth in the Indenture
