Amended and Restated Credit AgreementCredit Agreement • August 7th, 2008 • NGAS Resources Inc • Crude petroleum & natural gas • Ohio
Each change in the Applicable Margin for Eurodollar Loans, the Applicable Margin for ABR Loans, and the Unused Commitment Fee Rate shall apply during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next change. If an Event of Default exists, the Applicable Margin and the Unused Commitment Fee Rate shall be at Level V.
Amendment No. 1 to Amended and Restated Credit AgreementCredit Agreement • August 7th, 2008 • NGAS Resources Inc • Crude petroleum & natural gas • Ohio
This FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), effective (subject to Section 2 below) as of June 30, 2008 (the “Amendment Effective Date”), by and among NGAS RESOURCES, INC., a corporation organized under the laws of the Province of British Columbia (“Holdings”), DAUGHERTY PETROLEUM, INC., a Kentucky corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time party to the Credit Agreement referred to below (the “Lenders”), and KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), as Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”).
