CONVEYANCE AND AGREEMENT OF NET PROFITS INTEREST By and among AMERICAN SHALE DEVELOPMENT, INC. a Delaware corporation in favor of MORGAN STANLEY CAPITAL GROUP INC. Dated May 21, 2014Conveyance and Agreement • May 22nd, 2014 • Trans Energy Inc • Crude petroleum & natural gas • New York
This Conveyance and Agreement of Net Profits Interest (this “Agreement”) is entered into as of May 21, 2014, by and among AMERICAN SHALE DEVELOPMENT, INC., a Delaware corporation (the “Borrower”), in favor of MORGAN STANLEY CAPITAL GROUP, INC., a Delaware corporation (“Payee”), which are parties to that certain Credit Agreement dated as of the date hereof (as the same may be modified, amended or supplemented from time to time, the “Credit Agreement”) among the Borrower, as borrower thereunder, Payee, as Administrative Agent and the Lenders party thereto. Unless otherwise defined herein, capitalized terms shall have the meaning given them in the Credit Agreement. If the Credit Agreement is terminated, then capitalized terms shall have the meaning given them in the Credit Agreement immediately prior to such termination.
CREDIT AGREEMENT among AMERICAN SHALE DEVELOPMENT, INC., as Borrower, THE LENDERS PARTY HERETO FROM TIME TO TIME, as Lenders, and MORGAN STANLEY CAPITAL GROUP INC., as Administrative Agent and Arranger May 21, 2014Credit Agreement • May 22nd, 2014 • Trans Energy Inc • Crude petroleum & natural gas • New York
This CREDIT AGREEMENT dated as of May 21, 2014 (as may be further amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”) is among AMERICAN SHALE DEVELOPMENT, INC., a Delaware corporation (“Borrower”), the lenders party hereto from time to time (the “Lenders”), and MORGAN STANLEY CAPITAL GROUP INC., as administrative agent for such Lenders (in such capacity, “Administrative Agent”).
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • May 22nd, 2014 • Trans Energy Inc • Crude petroleum & natural gas • Texas
THIS AGREEMENT is dated May 20, 2014, between AMERICAN SHALE DEVELOPMENT, INC., a Delaware corporation (“ASD” or “Seller”), and REPUBLIC PARTNERS VIII, LLC, a Texas limited liability company (“Buyer”). For value received, Seller and Buyer agree as follows:
