April 14, 2011 Advantage Oil & Gas Ltd. Suite 700, 400 3rd Avenue S.W. Calgary, Alberta, T2P 4H2 Attention: Mr. Kelly Drader President & Chief Financial Officer Dear Sir: Re: Operating Credit Facility in favour of Advantage Oil & Gas Ltd.Operating Credit Facility • April 25th, 2011 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas • Alberta
We refer to the letter loan agreement dated as of July 29, 2009 between The Bank of Nova Scotia (“BNS”) and Advantage Oil & Gas Ltd. (the “Borrower”), as amended June 15, 2010 (collectively, the “Original Credit Agreement”), pursuant to which BNS made available to the Borrower an operating credit facility. This letter loan agreement (as amended, renewed, extended, replaced or restated from time to time, this “Agreement”) amends and restates the Original Credit Agreement in its entirety.
May 17, 2012Operating Credit Facility • June 8th, 2012 • 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 agreement dated as of June 17, 2012 (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 Second Amendment to the Fifth Amended and Restated Syndicated Credit Agreement dated as of May 17, 2012 (the “Second Amending Agreement”) between the Borrower, BNS as lead arranger, administrative agent and bookrunner, National Bank of Canada and Bank of Montreal, as co-syndication agents, Royal Bank of Canada, as documentation agent, and BNS, National Bank of Canada, Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Union Bank,
June 17, 2011 Advantage Oil & Gas Ltd. 700, 400 3rd Ave. SW Calgary, Alberta T2P 4H2Operating Credit Facility • July 6th, 2011 • 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 (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 first amendment to the Fifth Amended and Restated Syndicated Credit Agreement dated as of June 17, 2011 (the “First Amending Agreement”) between the Borrower, BNS as lead arranger, administrative agent and bookrunner, National Bank of Canada and Bank of Montreal, as co-syndication agents, Royal Bank of Canada, as documentation agent, and BNS, National Bank of Canada, Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Union Bank, Canada Branch, Alberta Treasury Branches, BNP Paribas (Canada) a
Redacted Version]Operating Credit Facility • May 26th, 2015 • 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, April 30, 2013 and May 29, 2014 (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 Seventh Amendment to the Fifth Amended and Restated Syndicated Credit Agreement dated as of May 7, 2015 (the “Seventh 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 Com
April 30, 2013 Advantage Oil & Gas Ltd. 700, 400 3rd Ave. SW Calgary, Alberta T2P 4H2Operating Credit Facility • May 17th, 2013 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas
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 and May 17, 2012 (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 Third Amendment to the Fifth Amended and Restated Syndicated Credit Agreement dated as of April 30, 2013 (the “Third Amending Agreement”) between the Borrower, BNS as lead arranger, administrative agent and bookrunner, National Bank of Canada and Bank of Montreal, as co-syndication agents, Royal Bank of Canada, as documentation agent, and BNS, National Bank of Canada, Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Com
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
Advantage Oil & Gas Ltd. 700, 400 3rd Ave. SW Calgary, Alberta T2P 4H2 Attention: Mr. Kelly Drader President and Chief Financial Officer Dear Sir: Re: Operating Credit Facility in favour of Advantage Oil & Gas Ltd.Operating Credit Facility • September 14th, 2010 • Advantage Oil & Gas Ltd. • Crude petroleum & natural gas • Alberta
The Bank of Nova Scotia (“BNS”) refers to the letter loan agreement dated as of July 29, 2009 (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 first amendment to the Syndicated Credit Agreement dated as of June 15, 2010 (the “First Amending Agreement”) between the Borrower, BNS as lead arranger, administrative agent and bookrunner, National Bank of Canada and Bank of Montreal, as co-syndication agents, Royal Bank of Canada, as documentation agent, and BNS, National Bank of Canada, Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Union Bank, Canada Branch, Alberta Treasury Branches, BNP Paribas (Canada) and HSBC Bank Canada, as lend
