Assignment and Borrowing Base Increase Agreement Sample Contracts

ASSIGNMENT AND BORROWING BASE INCREASE AGREEMENT

Assignment and Borrowing Base Increase Agreement • October 2nd, 2014 • Midstates Petroleum Company, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  Assignment and Borrowing Base Increase Agreement
• Filed
  October 2nd, 2014
• Company
  Midstates Petroleum Company, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

THIS ASSIGNMENT AND BORROWING BASE INCREASE AGREEMENT (hereinafter called this “Agreement”) is entered into as of September 30, 2014, by and among MIDSTATES PETROLEUM COMPANY, INC., a Delaware corporation (the “Parent”), MIDSTATES PETROLEUM COMPANY LLC, a Delaware limited liability company (the “Borrower”), the Lenders party hereto, and SUNTRUST BANK, as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”), as an Issuing Lender and as Swing Line Lender.