Exhibit 10.1

 

FIRST AMENDMENT TO
AMENDED AND RESTATED CREDIT AGREEMENT

 

FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (hereinafter referred
to as the “Amendment”) dated as of February 20, 2008, by and among EXCO PARTNERS
OPERATING PARTNERSHIP, LP (“Borrower”), CERTAIN SUBSIDIARIES OF BORROWER, as
Guarantors (the “Guarantors”), the LENDERS party hereto (the “Lenders”), and
JPMORGAN CHASE BANK, N.A., as Administrative Agent (“Administrative Agent”). 
Unless the context otherwise requires or unless otherwise expressly defined
herein, capitalized terms used but not defined in this Amendment have the
meanings assigned to such terms in the Credit Agreement (as defined below).

 

WITNESSETH:

 

WHEREAS, Borrower, Guarantors, Administrative Agent and Lenders have entered
into that certain Amended and Restated Credit Agreement dated as of March 30,
2007 (as amended, supplemented or otherwise modified from time to time, the
“Credit Agreement”); and

 

WHEREAS, Borrower has requested that the Administrative Agent and the Lenders
amend the Credit Agreement to, among other things, include the value of certain
pipeline assets of the Borrower and its Restricted Subsidiaries in the
calculation of the Borrowing Base;

 

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements
herein contained and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged and confessed, Borrower,
Guarantors, Administrative Agent and the Lenders hereby agree as follows:

 

SECTION 1.  AMENDMENTS TO CREDIT AGREEMENT.  SUBJECT TO THE SATISFACTION OR
WAIVER IN WRITING OF EACH CONDITION PRECEDENT SET FORTH IN SECTION 2 HEREOF, AND
IN RELIANCE ON THE REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS
CONTAINED IN THIS AMENDMENT, THE CREDIT AGREEMENT SHALL BE AMENDED IN THE MANNER
PROVIDED IN THIS SECTION 1.

 

1.1          AMENDED DEFINITION.  SECTION 1.01 OF THE CREDIT AGREEMENT SHALL BE
AND IT HEREBY IS AMENDED BY AMENDING AND RESTATING THE FOLLOWING DEFINITION TO
READ IN ITS ENTIRETY AS FOLLOWS:

 

“ADJUSTED LIBO RATE” MEANS, WITH RESPECT TO ANY EURODOLLAR BORROWING FOR ANY
INTEREST PERIOD, AN INTEREST RATE PER ANNUM EQUAL TO (A) THE LIBO RATE FOR SUCH
INTEREST PERIOD MULTIPLIED BY (B) THE STATUTORY RESERVE RATE.

 

1.2          ADDITIONAL DEFINITIONS.  SECTION 1.01 OF THE CREDIT AGREEMENT SHALL
BE AND IT HEREBY IS AMENDED BY INSERTING THE FOLLOWING DEFINITIONS IN
APPROPRIATE ALPHABETICAL ORDER:

 

“Midstream Assets” means the pipelines and natural gas gathering lines owned by
the Borrower and its Midstream Subsidiaries and used to transport Natural Gas
produced by any Person.

 

 

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“Midstream EBITDA” means for any date of determination and for the four fiscal
quarter period ending on such date of determination, the consolidated net income
(or loss) of the Borrower and its Midstream Subsidiaries, with respect to the
Midstream Assets, determined on a consolidated basis in accordance with GAAP and
as set forth on the Midstream Operating Statement for such period; plus, without
duplication and to the extent deducted in the calculation of consolidated net
income for such period, the sum of (a) income or franchise Taxes paid or
accrued; (b) amortization and depreciation expense; (c) losses from sales or
other dispositions of assets and other extraordinary or non-recurring losses;
and (d) other non-cash charges (excluding accruals for cash expenses made in the
ordinary course of business); minus, to the extent included in the calculation
of consolidated net income for such period; (e) the sum of (1) extraordinary or
non-recurring gains; and (2) gains from sales or other dispositions of assets;
provided that in the event any such date of determination is prior to
February 15, 2009, Midstream EBITDA for the period ending on such date of
determination shall be the period from January 1, 2008, through the last day of
the fiscal quarter immediately preceding such date of determination for which
the Midstream Operating Statement required by Section 6.01(h) has been
delivered, annualized; provided further that with respect to the calculation of
Midstream EBITDA for any period, Midstream EBITDA shall be adjusted to give
effect, on a pro forma basis, to any acquisition, installation (including new
construction) or disposition of pipelines and natural gas gathering lines made
during such period as if such acquisition, installation or disposition was made
at the beginning of such period.

 

“Midstream Operating Statement” means a profit and loss operating statement with
respect to the Midstream Assets substantially in the form of Exhibit F.

 

“Midstream Subsidiaries” means, collectively, TGG Pipeline, LTD, a Texas limited
partnership, Talco Midstream Assets, Ltd., a Texas limited partnership, Garrison
Gathering, LLC, a Texas limited liability company, and Vernon Gathering, LLC, a
Delaware limited liability company.

 

“Midstream Value” means, with respect to any Redetermination, Midstream EBITDA
for the period ending on the last day of the immediately preceding fiscal
quarter for which the Midstream Operating Statement required by
Section 6.01(h) has been delivered, multiplied by five (5).

 

1.3          PROPOSED BORROWING BASE.  SECTION 3.01 OF THE CREDIT AGREEMENT
SHALL BE AND IT HEREBY IS AMENDED AND RESTATED IN ITS ENTIRETY TO READ AS
FOLLOWS:

 

Section 3.01.        Reserve Report; Midstream EBITDA; Proposed Borrowing Base. 
During the period from the Effective Date until the first Redetermination after
the Effective Date, the Borrowing Base shall be $1,300,000,000 (the “Initial
Borrowing Base”).  As soon as available and in any event by March 1 and
September 1 of each year, beginning September 1, 2007, the Borrower shall
deliver to the Administrative Agent and each Lender a Reserve Report, prepared
as of the immediately preceding December 31 and June 30, respectively, in form
and substance reasonably satisfactory to the Administrative Agent and prepared
by an Approved Petroleum Engineer (or, in the case of the Reserve Report due on
September 1 of each year, by petroleum engineers employed by the Borrower), said
Reserve Report to utilize economic and pricing parameters established from time
to time by the Administrative Agent, together with such other

 

 

 

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information, reports and data concerning the value of the Borrowing Base
Properties as the Administrative Agent shall deem reasonably necessary to
determine the value of such Borrowing Base Properties.  Simultaneously with the
delivery to the Administrative Agent and the Lenders of each Reserve Report and
taking into account the Midstream EBITDA for the period ending on the last day
of the immediately preceding fiscal quarter for which the Midstream Operating
Statement required by Section 6.01(h) has been delivered, the Borrower shall
submit to the Administrative Agent and each Lender the Borrower’s requested
amount of the Borrowing Base as of the next Redetermination Date.  Promptly
after the receipt by the Administrative Agent of such Reserve Report and
Borrower’s requested amount for the Borrowing Base, the Administrative Agent
shall submit to the Lenders a recommended amount of the Borrowing Base to become
effective for the period commencing on the next Redetermination Date.

 

1.4          BORROWING BASE REDETERMINATION PROCEDURES AND STANDARDS. 
SECTION 3.02 OF THE CREDIT AGREEMENT SHALL BE AND IT HEREBY IS AMENDED AND
RESTATED IN ITS ENTIRETY TO READ AS FOLLOWS:

 

Section 3.02.        Scheduled Redeterminations of the Borrowing Base;
Procedures and Standards.  Based in part on the Reserve Reports and the
Midstream Operating Statements made available to the Administrative Agent and
the Lenders pursuant to Section 3.01 and Section 6.01(h), respectively, the
Lenders shall redetermine the Borrowing Base on or prior to the next
Redetermination Date (or such date promptly thereafter as reasonably possible
based on the engineering and other information available to the Lenders).  Any
Borrowing Base which becomes effective as a result of any Redetermination shall
be subject to the following restrictions: (a) such Borrowing Base shall not
exceed the Maximum Facility Amount, (b) to the extent such Borrowing Base
represents an increase in the Borrowing Base in effect prior to such
Redetermination, such Borrowing Base must be approved by all Lenders, and (c) to
the extent such Borrowing Base represents a decrease in the Borrowing Base in
effect prior to such Redetermination or a reaffirmation of such prior Borrowing
Base, such Borrowing Base must be approved by the Administrative Agent and
Required Lenders.  If a redetermined Borrowing Base is not approved by the
Administrative Agent and Required Lenders within twenty (20) days after the
submission to the Lenders by the Administrative Agent of its recommended
Borrowing Base pursuant to Section 3.01, or by all Lenders within such twenty
(20) day period in the case of any increase in the Borrowing Base, the
Administrative Agent shall notify each Lender that the recommended Borrowing
Base, as the case may be, has not been approved and request that each Lender
submit to the Administrative Agent within ten (10) days thereafter its proposed
Borrowing Base.  Promptly following the tenth (10th) day after the
Administrative Agent’s request for each Lender’s proposed Borrowing Base, the
Administrative Agent shall determine the Borrowing Base for such Redetermination
by calculating the highest Borrowing Base then acceptable to the Administrative
Agent and a number of Lenders sufficient to constitute Required Lenders (or all
Lenders in the case of an increase in the Borrowing Base).  Each Redetermination
shall be made by the Lenders in their sole discretion, but based on the
Administrative Agent’s and such Lender’s usual and customary procedures for
evaluating Oil and Gas Interests as such exist at the time of such
Redetermination, and including adjustments to reflect the effect of any Swap
Agreements of the Borrower and the Restricted Subsidiaries as such exist at the
time of such Redetermination.  The Borrower acknowledges and agrees that each
Redetermination shall be based upon (a) the loan collateral value which the
Administrative Agent and each Lender in its sole discretion (using such
methodology, assumptions and discount

 

 

3

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rates as the Administrative Agent and such Lender customarily uses in assigning
collateral value to Oil and Gas Interests and to pipelines and gathering
systems) assigns to the Borrowing Base Properties and the Midstream Assets at
the time in question, (b) Midstream Value, and (c) such other credit factors
consistently applied (including, without limitation, the assets, liabilities,
cash flow, business, properties, prospects, management and ownership of the
Credit Parties) as the Administrative Agent and such Lender customarily
considers in evaluating similar oil and gas credits and similar pipeline
credits.  It is expressly understood that the Administrative Agent and Lenders
have no obligation to designate the Borrowing Base at any particular amounts,
except in the exercise of their discretion, whether in relation to the Aggregate
Commitment or otherwise.  If the Borrower does not furnish all information,
reports and data required to be delivered by any date specified in this
Article III, including the Midstream Operating Statement, unless such failure is
not the fault of the Borrower, the Administrative Agent and Lenders may
nonetheless designate the Borrowing Base at any amounts which the Administrative
Agent and all Lenders or Required Lenders, as the case may be, in their
reasonable discretion determine and may redesignate the Borrowing Base from time
to time thereafter until the Administrative Agent and the Lenders receive all
such information, reports and data, including the Midstream Operating Statement,
whereupon the Administrative Agent and all Lenders or Required Lenders, as the
case may be, shall designate a new Borrowing Base, as described above.

 

1.5          PROPERTIES.  CLAUSE (A) OF SECTION 4.05 OF THE CREDIT AGREEMENT
SHALL BE AND IT HEREBY IS AMENDED IN ITS ENTIRETY TO READ AS FOLLOWS:

 

(a)          Except as otherwise provided in Section 4.15 with respect to proved
reserves included in the Oil and Gas Interests of the Borrower and each
Restricted Subsidiary, the Borrower and each Restricted Subsidiary has good
title to, or valid leasehold interests in, all such real and personal property
material to its business, except for minor defects in title that do not
interfere with its ability to conduct its business as currently conducted or to
utilize such properties for their intended purposes.

 

1.6          FINANCIAL STATEMENTS; OTHER INFORMATION.  SECTION 6.01 OF THE
CREDIT AGREEMENT SHALL BE AND IT HEREBY IS AMENDED BY (I) DELETING THE “AND”
LOCATED AT THE END OF CLAUSE (G), (II) RENAMING “CLAUSE (H)” AS “CLAUSE (I)” AND
(III) INSERTING A NEW CLAUSE (H) TO SECTION 6.01 TO READ AS FOLLOWS:

 

(h)          within forty-five (45) days after the end of each fiscal quarter of
the Borrower, the Midstream Operating Statement as of the end of and for the
four fiscal quarter period ending on such date, setting forth, in reasonable
detail, the consolidated net income (or loss) of the Borrower and its Midstream
Subsidiaries with respect to the Midstream Assets, and certified as being true
and correct by a Responsible Officer; provided that with respect to any
Midstream Operating Statement required to be delivered on or prior to
December 31, 2008, the consolidated net income (or loss) of the Borrower and its
Midstream Subsidiaries with respect to the Midstream Assets for the period
ending on such date shall be the period from January 1, 2008, through the last
day of the fiscal quarter immediately preceding such date, annualized.

 

1.7          MORTGAGES.  SECTION 6.09 OF THE CREDIT AGREEMENT SHALL BE AND IT
HEREBY IS AMENDED IN ITS ENTIRETY TO READ AS FOLLOWS:

 

 

4

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Section 6.09.        Mortgages.  Each Borrower will, and will cause each
Guarantor to, execute and deliver to the Administrative Agent, for the benefit
of the Secured Parties, Mortgages in form and substance acceptable to the
Administrative Agent together with such other assignments, conveyances,
amendments, agreements and other writings, including, without limitation, UCC-1
financing statements (each duly authorized and executed, as applicable) as the
Administrative Agent shall deem necessary or appropriate to grant, evidence,
perfect and maintain Liens  in (i) not less than eighty percent (80%) of the
Engineered Value of the Borrowing Base Properties and (ii) at all times from and
after May 20, 2008, substantially all of the real and personal property material
to the operation of the Midstream Assets.

 

1.8          NOTICES.  SUBCLAUSE (II) OF SECTION 11.01(A) SHALL BE AND IT HEREBY
IS AMENDED IN ITS ENTIRETY TO READ AS FOLLOWS:

 

(ii)          if to the Administrative Agent or Issuing Bank, to JPMorgan Chase
Bank, N.A., JPMorgan Loan Services, 21 South Clark St., 19th Floor, Chicago,
Illinois 60603-2003, Telecopy No.: (312) 385-7096, Attention: Claudia Kech, with
a copy to JPMorgan Chase Bank, N.A., 2200 Ross Avenue, 3rd Floor, TX1-2448,
Dallas, Texas 75201, Telecopy No. (214) 965-3280, Attention:  Wm. Mark Cranmer,
Senior Vice President;

 

1.9          EXHIBITS.  THE CREDIT AGREEMENT SHALL BE AND IT HEREBY IS AMENDED
BY ADDING THERETO AN “EXHIBIT F” IN THE FORM ATTACHED HERETO AS ANNEX 1.

 

SECTION 2.  CONDITIONS.  THE AMENDMENTS TO THE CREDIT AGREEMENT CONTAINED IN
SECTION 1 OF THIS AMENDMENT, SHALL BE EFFECTIVE UPON THE SATISFACTION OF EACH OF
THE CONDITIONS SET FORTH IN THIS SECTION 2.

 

2.1          EXECUTION AND DELIVERY.  EACH CREDIT PARTY, EACH LENDER AND THE
ADMINISTRATIVE AGENT SHALL HAVE EXECUTED AND DELIVERED THIS AMENDMENT.

 

2.2          NO DEFAULT.  NO DEFAULT SHALL HAVE OCCURRED AND BE CONTINUING.

 

2.3          OTHER DOCUMENTS.  THE ADMINISTRATIVE AGENT SHALL HAVE RECEIVED SUCH
OTHER INSTRUMENTS AND DOCUMENTS INCIDENTAL AND APPROPRIATE TO THE TRANSACTION
PROVIDED FOR HEREIN AS THE ADMINISTRATIVE AGENT OR ITS SPECIAL COUNSEL MAY
REASONABLY REQUEST, AND ALL SUCH DOCUMENTS SHALL BE IN FORM AND SUBSTANCE
SATISFACTORY TO THE ADMINISTRATIVE AGENT.

 

SECTION 3.  REPRESENTATIONS AND WARRANTIES OF BORROWER.  TO INDUCE THE LENDERS
TO ENTER INTO THIS AMENDMENT, EACH CREDIT PARTY HEREBY REPRESENTS AND WARRANTS
TO THE LENDERS AS FOLLOWS:

 

3.1          REAFFIRMATION OF REPRESENTATIONS AND WARRANTIES/FURTHER
ASSURANCES.  AFTER GIVING EFFECT TO THE AMENDMENTS HEREIN, EACH REPRESENTATION
AND WARRANTY OF SUCH CREDIT PARTY CONTAINED IN THE CREDIT AGREEMENT OR IN ANY
OTHER LOAN DOCUMENT IS TRUE AND CORRECT IN ALL MATERIAL RESPECTS ON THE DATE
HEREOF (EXCEPT TO THE EXTENT SUCH REPRESENTATIONS AND WARRANTIES RELATE SOLELY
TO AN EARLIER DATE).

 

3.2          CORPORATE AUTHORITY; NO CONFLICTS.  THE EXECUTION, DELIVERY AND
PERFORMANCE BY SUCH CREDIT PARTY OF THIS AMENDMENT AND ALL DOCUMENTS,
INSTRUMENTS AND AGREEMENTS

 

 

5

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CONTEMPLATED HEREIN ARE WITHIN SUCH CREDIT PARTY’S CORPORATE OR OTHER
ORGANIZATIONAL POWERS, HAVE BEEN DULY AUTHORIZED BY NECESSARY ACTION, REQUIRE NO
ACTION BY OR IN RESPECT OF, OR FILING WITH, ANY COURT OR AGENCY OF GOVERNMENT
AND DO NOT VIOLATE OR CONSTITUTE A DEFAULT UNDER ANY PROVISION OF ANY APPLICABLE
LAW OR OTHER AGREEMENTS BINDING UPON SUCH CREDIT PARTY OR RESULT IN THE CREATION
OR IMPOSITION OF ANY LIEN UPON ANY OF THE ASSETS OF SUCH CREDIT PARTY EXCEPT FOR
LIENS PERMITTED UNDER SECTION 7.02 OF THE CREDIT AGREEMENT.

 

3.3          ENFORCEABILITY.  THIS AMENDMENT CONSTITUTES THE VALID AND BINDING
OBLIGATION OF SUCH CREDIT PARTY ENFORCEABLE IN ACCORDANCE WITH ITS TERMS, EXCEPT
AS (I) THE ENFORCEABILITY THEREOF MAY BE LIMITED BY BANKRUPTCY, INSOLVENCY OR
SIMILAR LAWS AFFECTING CREDITOR’S RIGHTS GENERALLY, AND (II) THE AVAILABILITY OF
EQUITABLE REMEDIES MAY BE LIMITED BY EQUITABLE PRINCIPLES OF GENERAL
APPLICATION.

 

SECTION 4.  MISCELLANEOUS.

 

4.1          REAFFIRMATION OF LOAN DOCUMENTS AND LIENS.  ANY AND ALL OF THE
TERMS AND PROVISIONS OF THE CREDIT AGREEMENT AND THE LOAN DOCUMENTS SHALL,
EXCEPT AS AMENDED AND MODIFIED HEREBY, REMAIN IN FULL FORCE AND EFFECT.  EACH
CREDIT PARTY HEREBY AGREES THAT THE AMENDMENTS AND MODIFICATIONS HEREIN
CONTAINED SHALL IN NO MANNER AFFECT OR IMPAIR THE LIABILITIES, DUTIES AND
OBLIGATIONS OF ANY CREDIT PARTY UNDER THE CREDIT AGREEMENT AND THE OTHER LOAN
DOCUMENTS OR THE LIENS SECURING THE PAYMENT AND PERFORMANCE THEREOF.

 

4.2          PARTIES IN INTEREST.  ALL OF THE TERMS AND PROVISIONS OF THIS
AMENDMENT SHALL BIND AND INURE TO THE BENEFIT OF THE PARTIES HERETO AND THEIR
RESPECTIVE SUCCESSORS AND ASSIGNS.

 

4.3          LEGAL EXPENSES.  EACH CREDIT PARTY HEREBY AGREES TO PAY ALL
REASONABLE FEES AND EXPENSES OF SPECIAL COUNSEL TO THE ADMINISTRATIVE AGENT
INCURRED BY THE ADMINISTRATIVE AGENT IN CONNECTION WITH THE PREPARATION,
NEGOTIATION AND EXECUTION OF THIS AMENDMENT AND ALL RELATED DOCUMENTS.

 

4.4          COUNTERPARTS.  THIS AMENDMENT MAY BE EXECUTED IN ONE OR MORE
COUNTERPARTS AND BY DIFFERENT PARTIES HERETO IN SEPARATE COUNTERPARTS EACH OF
WHICH WHEN SO EXECUTED AND DELIVERED SHALL BE DEEMED AN ORIGINAL, BUT ALL SUCH
COUNTERPARTS TOGETHER SHALL CONSTITUTE BUT ONE AND THE SAME INSTRUMENT;
SIGNATURE PAGES MAY BE DETACHED FROM MULTIPLE SEPARATE COUNTERPARTS AND ATTACHED
TO A SINGLE COUNTERPART SO THAT ALL SIGNATURE PAGES ARE PHYSICALLY ATTACHED TO
THE SAME DOCUMENT.  HOWEVER, THIS AMENDMENT SHALL BIND NO PARTY UNTIL EACH
CREDIT PARTY, THE LENDERS (OR AT LEAST THE REQUIRED PERCENTAGE THEREOF), AND THE
ADMINISTRATIVE AGENT HAVE EXECUTED A COUNTERPART.  DELIVERY OF PHOTOCOPIES OF
THE SIGNATURE PAGES TO THIS AMENDMENT BY FACSIMILE OR ELECTRONIC MAIL SHALL BE
EFFECTIVE AS DELIVERY OF MANUALLY EXECUTED COUNTERPARTS OF THIS AMENDMENT.

 

4.5          COMPLETE AGREEMENT.  THIS AMENDMENT, THE CREDIT AGREEMENT, AND THE
OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND
MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR ORAL AGREEMENTS
OF THE PARTIES.  THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

 

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4.6          HEADINGS.  THE HEADINGS, CAPTIONS AND ARRANGEMENTS USED IN THIS
AMENDMENT ARE, UNLESS SPECIFIED OTHERWISE, FOR CONVENIENCE ONLY AND SHALL NOT BE
DEEMED TO LIMIT, AMPLIFY OR MODIFY THE TERMS OF THIS AMENDMENT, NOR AFFECT THE
MEANING THEREOF.

 

[Signature Pages Follow]

 

7

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IN WITNESS WHEREOF, the parties have caused this First Amendment to Amended and
Restated Credit Agreement to be duly executed as of the date first above
written.

 

 

 

BORROWER:

 

 

 

EXCO PARTNERS OPERATING PARTNERSHIP, LP

 

 

 

By:

EXCO Partners OLP GP, LLC

 

 

its sole general partner

 

 

 

 

 

 

 By:

/s/ J. Douglas Ramsey

 

 Name:  J. Douglas Ramsey, Ph.D.

 

 Title:  Vice President and Chief Financial Officer

 

 

 

Address for Notices:

 

 

 

EXCO Partners Operating Partnership

 

12377 Merit Drive, Suite 1700

 

Dallas, Texas 75251

 

Facsimile No. 214-368-2087

 

Attn:

Douglas H. Miller

 

 

Chief Executive Officer

 

 

 

and

 

 

 

Attn:

J. Douglas Ramsey

 

 

Chief Financial Officer

 

 

 

 

 

GUARANTORS:

 

 

 

 

 

GARRISON GATHERING, LLC

 

VAUGHAN DE, LLC

 

VAUGHAN HOLDING COMPANY, LLC

 

VERNON GATHERING, LLC

 

 

 

By:

/s/ J. Douglas Ramsey

 

Name:  J. Douglas Ramsey, Ph.D.

 

Title:

Vice President and Chief Financial Officer

 

 

for each of the Credit Parties listed above

 

 

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TALCO MIDSTREAM ASSETS, LTD.

 

 

 

By:

VAUGHAN HOLDING COMPANY, LLC.

 

 

its General Partner

 

 

 

 

 

 

 By:

/s/ J. Douglas Ramsey

 

 Name:  J. Douglas Ramsey, Ph.D.

 

 Title:  Vice President and Chief Financial Officer

 

 

 

 

 

TGG PIPELINE, LTD.

 

 

 

By:

VAUGHAN HOLDING COMPANY, LLC,

 

 

its General Partner

 

 

 

 

 

 By:

/s/ J. Douglas Ramsey

 

 Name:  J. Douglas Ramsey, Ph.D.

 

 Title:  Vice President and Chief Financial Officer

 

 

 

 

 

WINCHESTER PRODUCTION COMPANY, LTD.,
a Texas limited partnership

 

 

 

By:

VAUGHAN HOLDING COMPANY, LLC,

 

 

its General Partner

 

 

 

By:

/s/ J. Douglas Ramsey

 

Name:  J. Douglas Ramsey, Ph.D.

 

Title:

Vice President and Chief Financial Officer

 

 

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JPMORGAN CHASE BANK, N.A.,
as a Lender and as Administrative Agent,

 

 

 

 

 

 

 

 

 

 

By:

/s/ Wm. Mark Cranmer

 

 

Name:

Wm. Mark Cranmer

 

 

Title:

Senior Vice President

 

 

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UBS LOAN FINANCE LLC
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ David B. Julie

 

 

Name:

David B. Julie

 

 

Title:

Associate Director

Banking Products Services, US

 

 

 

 

 

 

By:

/s/ Mary E. Evans

 

 

Name:

Mary E. Evans

 

 

Title:

Associate Director

Banking Products Services, US

 

 

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TORONTO DOMINION (TEXAS) LLC
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Ian Murray

 

 

Name:

Ian Murray

 

 

Title:

Authorized Signatory

 

 

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CREDIT SUISSE, CAYMAN ISLANDS BRANCH
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Vanessa Gomez

 

 

Name:

Vanessa Gomez

 

 

Title:

Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Morenikeji Ajayi

 

 

Name:

Morenikeji Ajayi

 

 

Title:

Associate

 

 

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LEHMAN BROTHERS COMMERCIAL BANK
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ George Janes

 

 

Name:

George Janes

 

 

Title:

Chief Credit Officer

 

 

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BNP PARIBAS
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ David Dodd

 

 

Name:

David Dodd

 

 

Title:

Managing Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Richard Hawthorne

 

 

Name:

Richard Hawthorne

 

 

Title:

Vice President

 

 

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KEYBANK N.A.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Kevin D. Smith

 

 

Name:

Kevin D. Smith

 

 

Title:

Senior Vice President

 

 

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MORGAN STANLEY SENIOR FUNDING, INC.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Daniel Twengs

 

 

Name:

Daniel Twengs

 

 

Title:

Vice President

Morgan Stanley Senior Funding, Inc.

 

 

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NATIXIS
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Donovan C. Broussard

 

 

Name:

Donovan C. Broussard

 

 

Title:

Managing Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Liana Tchernysheva

 

 

Name:

Liana Tchernysheva

 

 

Title:

Director

 

 

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ROYAL BANK OF CANADA
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Don J. McKinnerney

 

 

Name:

Don J. McKinnerney

 

 

Title:

Authorized Signatory

 

 

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SOCIETE GENERALE
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Elena Robciuc

 

 

Name:

Elena Robciuc

 

 

Title:

Director

 

 

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STERLING BANK
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Jeff A. Forbis

 

 

Name:

Jeff A. Forbis

 

 

Title:

Senior Vice President

 

 

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SUNTRUST BANK
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ James M. Warren

 

 

Name:

James M. Warren

 

 

Title:

Managing Director

 

 

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UNION BANK OF CALIFORNIA, N.A.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Doug Gale

 

 

Name:

Doug Gale

 

 

Title:

Vice President

 

 

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THE BANK OF NOVA SCOTIA
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ David Mills

 

 

Name:

David Mills

 

 

Title:

Director

 

 

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WACHOVIA BANK NATIONAL ASSOCIATION
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Paul Pritchett

 

 

Name:

Paul Pritchett

 

 

Title:

Vice President

 

 

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WELLS FARGO BANK, N.A.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Jason Hicks

 

 

Name:

Jason Hicks

 

 

Title:

Assistant Vice President

 

 

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WESTLB AG, NEW YORK BRANCH
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Dominick D’Ascoli

 

 

Name:

Dominick D’Ascoli

 

 

Title:

Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Martin C. Livingston

 

 

Name:

Martin C. Livingston

 

 

Title:

Executive Director

 

 

--------------------------------------------------------------------------------

 

 

 

 

BMO CAPITAL MARKETS FINANCING, INC.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ James V. Ducote

 

 

Name:

James V. Ducote

 

 

Title:

Director

 

 

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BANK OF SCOTLAND PLC
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Karen Welch

 

 

Name:

Karen Welch

 

 

Title:

Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

CITIBANK, N.A.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Ryan Watson

 

 

Name:

Ryan Watson

 

 

Title:

Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

ALLIED IRISH BANKS, P.L.C.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Vaughn Buck

 

 

Name:

Vaughn Buck

 

 

Title:

Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Robert F. Moyle

 

 

Name:

Robert F. Moyle

 

 

Title:

Senior Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK,
FRANKFURT AM MAIN, NEW YORK BRANCH
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Scott B. Lamoreaux

 

 

Name:

Scott B. Lamoreaux

 

 

Title:

First Vice President

 

 

 

 

 

 

 

 

 

 

By:

/s/ Paul J. Bowles

 

 

Name:

Paul J. Bowles

 

 

Title:

Assistant Treasurer

 

 

--------------------------------------------------------------------------------

 

 

 

 

DEUTSCHE BANK TRUST COMPANY AMERICAS
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Erin Morrissey

 

 

Name:

Erin Morrissey

 

 

Title:

Vice President

 

 

 

 

 

 

 

 

 

 

By:

/s/ Evelyn Thlerry

 

 

Name:

Evelyn Thlerry

 

 

Title:

Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

CALYON NEW YORK BRANCH
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Tom Byargeon

 

 

Name:

Tom Byargeon

 

 

Title:

Managing Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Sharada Manne

 

 

Name:

Sharada Manne

 

 

Title:

Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

U.S. BANK NATIONAL ASSOCIATION
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Daria Mahoney

 

 

Name:

Daria Mahoney

 

 

Title:

Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

COMERICA BANK
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Peter L. Sefzik

 

 

Name:

Peter L. Sefzik

 

 

Title:

Vice President

 

 

--------------------------------------------------------------------------------

 

 

 

 

FORTIS CAPITAL CORP.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Michele Jones

 

 

Name:

Michele Jones

 

 

Title:

Director

 

 

 

 

 

 

 

 

 

 

By:

/s/ Darrell Holley

 

 

Name:

Darrell Holley

 

 

Title:

Managing Director

 

 

--------------------------------------------------------------------------------

 

 

 

 

BANK OF AMERICA
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey H. Rathkamp

 

 

Name:

Jeffrey H. Rathkamp

 

 

Title:

Managing Director

 

--------------------------------------------------------------------------------

 

 

 

 

SUMITOMO MITSUI BANKING CORPORATION
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Masakaza Hasegawa

 

 

Name:

Masakaza Hasegawa

 

 

Title:

Joint General Manager

 

 

 

 

--------------------------------------------------------------------------------

 

 

 

 

GOLDMAN SACHS CREDIT PARTNERS, L.P.
as a Lender

 

 

 

 

 

 

 

 

 

 

By:

/s/ Stephen Scheer

 

 

Name:

Stephen Scheer

 

 

Title:

Authorized Signatory

 

 

 

 

 

By:

/s/ Rahul Kapur

 

 

Rahul Kapur

 

 

Authorized Signatory

 

 

--------------------------------------------------------------------------------