SIXTH AMENDMENT TO THE FIFTH AMENDED AND RESTATED SYNDICATED CREDIT AGREEMENTSyndicated Credit Agreement • June 11th, 2014 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas • Alberta
This Sixth Amendment to the Fifth Amended and Restated Syndicated Credit Agreement is dated as of May 29, 2014 between Advantage Oil & Gas Ltd., as borrower (the “Borrower”), The Bank of Nova Scotia, in its capacity as lead arranger, administrative agent and bookrunner (in such capacity, the “Agent”), National Bank of Canada, as syndication agent, Royal Bank of Canada, as documentation agent, and The Bank of Nova Scotia, National Bank of Canada, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Union Bank, Canada Branch, Alberta Treasury Branches and Wells Fargo Bank, N.A., Canadian Branch, as lenders (together with certain other Persons which become lenders from time to time, the “Lenders”) and is made with reference to the Fifth Amended and Restated Syndicated Credit Agreement dated as of April 14, 2011, as amended June 17, 2011, May 17, 2012, April 30, 2013, October 22, 2013 and February 15, 2014 (as amended, the “Credit Agreement”).
May 29, 2014 Advantage Oil & Gas Ltd. E&Y Tower, Suite 300 Calgary, Alberta T2P 5E9 Attention: Mr. Craig Blackwood Vice-President, Financial and Chief Financial Officer Dear Sir: Re: Operating Credit Facility in favour of Advantage Oil & Gas Ltd.Operating Credit Facility • June 11th, 2014 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas • Alberta
The Bank of Nova Scotia (“BNS”) refers to the letter loan agreement dated as of April 14, 2011, as amended by the amending agreements dated as of June 17, 2011, May 17, 2012 and April 30, 2013 (as amended, the “Original Credit Agreement”) between BNS and Advantage Oil & Gas Ltd. (the “Borrower”), pursuant to which BNS made available to the Borrower an operating credit facility upon the terms and conditions set out therein. This letter agreement (the “Amending Agreement”) amends and extends the Original Credit Agreement. This Amending Agreement is entered into concurrently with the Sixth Amendment to the Fifth Amended and Restated Syndicated Credit Agreement dated as of May 29, 2014 (the “Sixth Amending Agreement”) between the Borrower, BNS as lead arranger, administrative agent and bookrunner, National Bank of Canada, as syndication agent, Royal Bank of Canada, as documentation agent, and BNS, National Bank of Canada, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Union Bank
