Exhibit 10.1

Execution Version

 

 

 

THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

dated as of June 15, 2017,

among

RICE ENERGY INC.,

as Parent Guarantor,

RICE ENERGY OPERATING LLC,

as Borrower,

The Guarantors Party Hereto,

WELLS FARGO BANK, N.A.,

as Administrative Agent,

and

The Lenders Party Hereto

BARCLAYS BANK PLC,

as Syndication Agent

WELLS FARGO SECURITIES, LLC,

and

BARCLAYS BANK PLC,

as Joint Lead Arrangers and Joint Bookrunners

BMO HARRIS FINANCING, INC.,

CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH,

CAPITAL ONE, NATIONAL ASSOCIATION,

CITIBANK, N.A.,

FIFTH THIRD BANK,

and

PNC BANK, NATIONAL ASSOCIATION,

as Co-Documentation Agents

 

 

 

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THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

This THIRD AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT (this
“Third Amendment”), dated as of June 15, 2017 (the “Third Amendment Effective
Date”), is among RICE ENERGY INC., a Delaware corporation (“Parent”); RICE
ENERGY OPERATING LLC, a Delaware limited liability company (the “Borrower”);
each of the other undersigned guarantors (the “Guarantors”, and together with
Parent and the Borrower, the “Credit Parties”); each of the Lenders that is a
signatory hereto; and WELLS FARGO BANK, N.A., as administrative agent for the
Lenders (in such capacity, together with its successors in such capacity, the
“Administrative Agent”).

Recitals

A.    Parent, the Borrower, the Administrative Agent and the Lenders are parties
to that certain Fourth Amended and Restated Credit Agreement dated as of
October 19, 2016 (as amended or otherwise modified prior to the date hereof, the
“Credit Agreement”), pursuant to which the Lenders have, subject to the terms
and conditions set forth therein, made certain credit available to and on behalf
of the Borrower.

B.    The Borrower has requested that Regions Bank and Morgan Stanley Bank, N.A.
(each, a “New Lender” and, collectively, the “New Lenders”) become Lenders under
the Credit Agreement with a Maximum Credit Amount and Elected Commitment in the
amounts as shown on Annex I to the Credit Agreement (as amended hereby).

C.    The parties hereto desire to amend certain terms of the Credit Agreement
as set forth herein, including to increase the Borrowing Base from
$1,450,000,000 to $1,600,000,000 and to increase the Aggregate Elected
Commitment Amounts from $1,450,000,000 to $1,600,000,000, in each case, to be
effective as of the Third Amendment Effective Date.

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein
contained, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows:

Section 1.    Defined Terms. Each capitalized term which is defined in the
Credit Agreement, but which is not defined in this Third Amendment, shall have
the meaning ascribed such term in the Credit Agreement, as amended hereby.
Unless otherwise indicated, all section references in this Third Amendment refer
to the Credit Agreement.

Section 2.    Amendments. In reliance on the representations, warranties,
covenants and agreements contained in this Third Amendment, and subject to the
satisfaction of the conditions precedent set forth in Section 4 hereof, the
Credit Agreement shall be amended effective as of the Third Amendment Effective
Date in the manner provided in this Section 2.

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2.1    Additional Definitions. Section 1.02 of the Credit Agreement is hereby
amended to add thereto in alphabetical order the following definitions which
shall read in full as follows:

“Third Amendment” means that certain Third Amendment to Fourth Amended and
Restated Credit Agreement dated as of June 15, 2017, among Parent, the Borrower,
the other Guarantors party thereto, the Administrative Agent and the Lenders
party thereto.

“Third Amendment Effective Date” means June 15, 2017.

2.2    Amended Definitions. The definitions of “Aggregate Elected Commitment
Amounts”, “Applicable Margin”, “Borrowing Base” and “Loan Documents” contained
in Section 1.02 of the Credit Agreement are hereby amended and restated in their
entirety to read in full as follows:

“Aggregate Elected Commitment Amounts” at any time shall equal the sum of the
Elected Commitments, as the same may be increased, reduced or terminated
pursuant to Section 2.06(c). As of the Third Amendment Effective Date, the
Aggregate Elected Commitment Amounts are $1,600,000,000.

“Applicable Margin” means, for any day, with respect to any ABR Loan or
Eurodollar Loan, or with respect to the Commitment Fee Rate, as the case may be,
the rate per annum set forth in the Borrowing Base Utilization Grid below based
upon the Borrowing Base Utilization Percentage then in effect:

 

Borrowing Base Utilization Grid

 

 

Borrowing Base Utilization Percentage

   < 25%     ³ 25% <50%     ³ 50% <75%     ³ 75% <90%     ³ 90%  

Eurodollar Loans

     2.00 %      2.25 %      2.50 %      2.75 %      3.00 % 

ABR Loans

     1.00 %      1.25 %      1.50 %      1.75 %      2.00 % 

Commitment Fee Rate

     0.375 %      0.375 %      0.50 %      0.50 %      0.50 % 

Each change in the Applicable Margin 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 such change, provided, however, that if at any
time the Borrower fails to deliver a Reserve Report pursuant to Section 8.12(a),
then the “Applicable Margin” means the rate per annum set forth on the grid when
the Borrowing Base Utilization Percentage is at its highest level.

“Borrowing Base” means at any time an amount equal to the amount determined in
accordance with Section 2.07, as the same may be adjusted from time to time
pursuant to Section 9.11. As of the Third Amendment Effective Date, the
Borrowing Base shall be $1,600,000,000.

“Loan Documents” means this Agreement, the First Amendment, the Second
Amendment, the Third Amendment, the Notes, the Fee Letters, the Letter of Credit
Agreements, the Letters of Credit and the Security Instruments.

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2.4    Letters of Credit. Section 2.08(g) of the Credit Agreement is hereby
amended and restated in its entirety to read in full as follows:

(g)    Disbursement Procedures. The Issuing Bank shall, within the period
stipulated by the terms and conditions of the applicable Letter of Credit,
following its receipt thereof, examine all documents purporting to represent a
demand for payment under a Letter of Credit. The Issuing Bank shall promptly
after such examination notify the Administrative Agent and the Borrower by
telephone (confirmed by facsimile) of such demand for payment and whether the
Issuing Bank has made or will make an LC Disbursement thereunder; provided that
any failure to give or delay in giving such notice shall not relieve the
Borrower of its obligation to reimburse the Issuing Bank and the Lenders with
respect to any such LC Disbursement.

2.5    Investments. Section 9.05(h) of the Credit Agreement is hereby amended
and restated in its entirety to read in full as follows:

(h)    so long as (i) no Borrowing Base Deficiency exists or would result
therefrom and (ii) no Event of Default exists or would result therefrom, other
Investments that do not exceed $150,000,000 in the aggregate at any time;
provided that the foregoing clause (i) shall not be applicable to Investments
made by the Credit Parties pursuant to this Section 9.05(h) in an aggregate
amount of up to $10,000,000 during the term of this Agreement.

2.6    Replacement of Annex I. Annex I to the Credit Agreement is hereby
replaced in its entirety with Annex I attached hereto and Annex I attached
hereto shall be deemed to be attached as Annex I to the Credit Agreement. After
giving effect to this Third Amendment and any Borrowings made on the Third
Amendment Effective Date, (a) each Lender who holds Loans in an aggregate amount
less than its Applicable Percentage (after giving effect to this Third
Amendment) of all Loans shall advance new Loans which shall be disbursed to the
Administrative Agent and used to repay Loans outstanding to each Lender who
holds Loans in an aggregate amount greater than its Applicable Percentage of all
Loans, (b) each Lender’s participation in each Letter of Credit, if any, shall
be automatically adjusted to equal its Applicable Percentage (after giving
effect to this Third Amendment), (c) such other adjustments shall be made as the
Administrative Agent shall specify so that the Revolving Credit Exposure
applicable to each Lender equals its Applicable Percentage (after giving effect
to this Third Amendment) of the aggregate Revolving Credit Exposure of all
Lenders and (d) upon request by each applicable Lender, the Borrower shall be
required to make any break funding payments owing to such Lender that are
required under Section 5.02 of the Credit Agreement as a result of the Loans and
adjustments described in this Section 2.6.

Section 3.    Borrowing Base and Aggregate Elected Commitment Amounts. In
reliance on the representations, warranties, covenants and agreements contained
in this Third Amendment, and subject to the satisfaction of the conditions
precedent set forth in Section 4

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hereof, (a) the Borrowing Base shall be increased, from $1,450,000,000 to
$1,600,000,000, and shall remain at $1,600,000,000 until the next Scheduled
Redetermination, Interim Redetermination or other adjustment of the Borrowing
Base pursuant to the terms of the Credit Agreement and (b) the Aggregate Elected
Commitment Amounts shall be increased, from $1,450,000,000 to $1,600,000,000, in
each case, to be effective as of the Third Amendment Effective Date. The
Borrowing Base redetermination provided for herein shall constitute an Interim
Redetermination elected by the Borrower for purposes of Section 2.07(b) of the
Credit Agreement.

Section 4.    Conditions Precedent. The effectiveness of this Third Amendment is
subject to the following:

4.1    The Administrative Agent shall have received counterparts of this Third
Amendment from the Credit Parties and each of the Lenders (including the New
Lenders).

4.2    The Administrative Agent shall have received all fees and other amounts
due and payable on or prior to the Third Amendment Effective Date, in each case
to the extent invoiced at least two Business Days prior to the Third Amendment
Effective Date (or such later date as the Borrower may agree in its sole
discretion).

4.3    The Administrative Agent shall have received a duly executed Note payable
to each Lender that has requested a Note on or prior to the Third Amendment
Effective Date in a principal amount equal to its Maximum Credit Amount (after
giving effect to Section 2.6 hereof) dated as of the Third Amendment Effective
Date.

Section 5.    New Lenders. Each New Lender hereby joins in, becomes a party to,
and agrees to comply with and be bound by the terms and conditions of the Credit
Agreement as a Lender thereunder and under each and every other Loan Document to
which any Lender is required to be bound by the Credit Agreement, to the same
extent as if such New Lender were an original signatory thereto. Each New Lender
hereby appoints and authorizes the Administrative Agent to take such action as
agent on its behalf and to exercise such powers and discretion under the Credit
Agreement as are delegated to the Administrative Agent by the terms thereof,
together with such powers and discretion as are reasonably incidental thereto.
Each New Lender represents and warrants that (a) it has full power and
authority, and has taken all action necessary, to execute and deliver this Third
Amendment, to consummate the transactions contemplated hereby and to become a
Lender under the Credit Agreement, (b) it has received a copy of the Credit
Agreement and copies of the most recent financial statements delivered pursuant
to Section 8.01 thereof, and such other documents and information as it has
deemed appropriate to make its own credit analysis and decision to enter into
this Third Amendment and to become a Lender on the basis of which it has made
such analysis and decision independently and without reliance on the
Administrative Agent or any other Lender, and (c) from and after the Third
Amendment Effective Date, it shall be a party to and be bound by the provisions
of the Credit Agreement and the other Loan Documents and have the rights and
obligations of a Lender thereunder.

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Section 6.    Miscellaneous.

6.1    Confirmation and Effect. The provisions of the Credit Agreement (as
amended by this Third Amendment) shall remain in full force and effect in
accordance with its terms following the effectiveness of this Third Amendment,
and this Third Amendment shall not constitute a waiver or amendment of any
provision of the Credit Agreement or any other Loan Document, except as
expressly provided for herein. Each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof’, “herein”, or words of like import shall mean
and be a reference to the Credit Agreement as amended hereby, and each reference
to the Credit Agreement in any other document, instrument or agreement executed
and/or delivered in connection with the Credit Agreement shall mean and be a
reference to the Credit Agreement as amended hereby.

6.2    Ratification and Affirmation of Credit Parties. Each of the Credit
Parties hereby expressly (i) acknowledges the terms of this Third Amendment,
(ii) ratifies and affirms its obligations under the Guaranty and Collateral
Agreement and the other Loan Documents to which it is a party,
(iii) acknowledges, renews and extends its continued liability under the
Guaranty and Collateral Agreement and the other Loan Documents to which it is a
party, (iv) agrees, with respect to each Credit Party that is a Guarantor, that
its guarantee under the Guaranty and Collateral Agreement and the other Loan
Documents to which it is a party remains in full force and effect with respect
to the Obligations as amended hereby, (v) represents and warrants to the Lenders
and the Administrative Agent that each representation and warranty of such
Credit Party contained in the Credit Agreement and the other Loan Documents to
which it is a party is true and correct in all material respects as of the date
hereof and after giving effect to the amendments set forth in Section 2 hereof
except (A) to the extent any such representations and warranties are expressly
limited to an earlier date, in which case, on and as of the date hereof, such
representations and warranties shall continue to be true and correct as of such
specified earlier date, and (B) to the extent that any such representation and
warranty is expressly qualified by materiality or by reference to Material
Adverse Effect, such representation and warranty (as so qualified) shall
continue to be true and correct in all respects, (vi) represents and warrants to
the Lenders and the Administrative Agent that the execution, delivery and
performance by such Credit Party of this Third Amendment are within such Credit
Party’s corporate, limited partnership or limited liability company powers (as
applicable), have been duly authorized by all necessary action and that this
Third Amendment constitutes the valid and binding obligation of such Credit
Party enforceable in accordance with its terms, except as the enforceability
thereof may be limited by bankruptcy, insolvency or similar laws affecting
creditor’s rights generally, and (vii) represents and warrants to the Lenders
and the Administrative Agent that, after giving effect to this Third Amendment,
no Event of Default exists.

6.3    Counterparts. This Third Amendment may be executed by one or more of the
parties hereto in any number of separate counterparts, and all of such
counterparts taken together shall be deemed to constitute one and the same
instrument. Delivery of this Third Amendment by facsimile or electronic (e.g.
pdf) transmission shall be effective as delivery of a manually executed original
counterpart hereof.

6.4    No Oral Agreement. THIS WRITTEN THIRD AMENDMENT, THE CREDIT AGREEMENT AND
THE OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT
THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY

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EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE PARTIES.
THERE ARE NO SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES THAT MODIFY THE
AGREEMENTS OF THE PARTIES IN THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS.

6.5    Governing Law. THIS THIRD AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE
VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

6.6    Payment of Expenses. The Borrower agrees to pay or reimburse the
Administrative Agent for all of its reasonable out-of-pocket costs and expenses
incurred in connection with this Third Amendment, any other documents prepared
in connection herewith and the transactions contemplated hereby, including,
without limitation, the reasonable fees and disbursements of counsel to the
Administrative Agent, in each case to the extent required under Section 12.03 of
the Credit Agreement.

6.7    Severability. Any provision of this Third Amendment which is prohibited
or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

6.8    Successors and Assigns. This Third Amendment shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
assigns.

[Signature Pages Follow.]

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The parties hereto have caused this Third Amendment to be duly executed as of
the day and year first above written.

 

BORROWER:

    RICE ENERGY OPERATING LLC,     a Delaware limited liability company     By:
 

/s/ Grayson T. Lisenby

    Name:   Grayson T. Lisenby     Title:   Senior Vice President and Chief
Financial Officer

PARENT:

    RICE ENERGY INC.,     a Delaware corporation     By:  

/s/ Grayson T. Lisenby

    Name:   Grayson T. Lisenby     Title:   Senior Vice President and Chief
Financial Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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GUARANTORS:

   

RICE DRILLING B LLC, a Delaware limited

liability company

    By:  

/s/ Grayson T. Lisenby

    Name:   Grayson T. Lisenby     Title:   Senior Vice President and Chief
Financial Officer    

RICE DRILLING D LLC, a Delaware limited

liability company

    By:  

/s/ Grayson T. Lisenby

    Name:   Grayson T. Lisenby     Title:   Senior Vice President and Chief
Financial Officer    

RICE MARKETING LLC, a Delaware limited

liability company

    By:  

/s/ Grayson T. Lisenby

    Name:   Grayson T. Lisenby     Title:   Senior Vice President and Chief
Financial Officer    

RICE ENERGY MARKETING LLC, a Delaware

limited liability company

    By:  

/s/ Grayson T. Lisenby

    Name:   Grayson T. Lisenby     Title:   Senior Vice President and Chief
Financial Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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VANTAGE ENERGY HOLDINGS, LLC, a Delaware limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer VANTAGE ENERGY, LLC, a Delaware limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer VANTAGE ENERGY II, LLC, a Delaware limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer VANTAGE ENERGY APPALACHIA II LLC, a Delaware limited liability company
By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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VANTAGE ENERGY APPALACHIA LLC, a Pennsylvania limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer VANTAGE ENERGY PICEANCE LLC, a Delaware limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer VANTAGE ENERGY UINTA LLC, a Delaware limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer VANTAGE FORT WORTH ENERGY LLC, a Delaware limited liability company By:
 

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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VANTAGE ENERGY II ALPHA, LLC, a Delaware limited liability company By:  

/s/ Grayson T. Lisenby

Name:   Grayson T. Lisenby Title:   Senior Vice President and Chief Financial
Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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WELLS FARGO BANK, N.A., as Administrative Agent, a Lender and as an Issuing Bank
By:  

/s/ Matthew W. Coleman

Name:   Matthew W. Coleman Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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BARCLAYS BANK PLC, as a Lender and

as an Issuing Bank

By:  

/s/ May Huang

Name:   May Huang Title:   Assistant Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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BMO HARRIS FINANCING, INC.,

as a Lender and as an Issuing Bank

By:  

/s/ Gumaro Tijerina

Name:   Gumaro Tijerina Title:   Managing Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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CITIBANK, N.A., as a Lender By:  

/s/ Cliff Vaz

Name:   Cliff Vaz Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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COMERICA BANK, as a Lender By:  

/s/ Jason M. Klesel

Name:   Jason M. Klesel Title:   Assistant Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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FIFTH THIRD BANK, as a Lender By:  

/s/ Thomas Kleiderer

Name:   Thomas Kleiderer Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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GOLDMAN SACHS BANK USA, as a Lender By:  

/s/ Ushma Dedhiya

Name:   Ushma Dedhiya Title:   Authorized Signatory

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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ROYAL BANK OF CANADA, as a Lender By:  

/s/ Kristan Spivey

Name:   Kristan Spivey Title:   Authorized Signatory

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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PNC BANK, NATIONAL ASSOCIATION, as a Lender and as an Issuing Bank By:  

/s/ Jessica McGuire

Name:   Jessica McGuire Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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SUNTRUST BANK, as a Lender By:  

/s/ Chulley Bogle

Name:   Chulley Bogle Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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CAPITAL ONE, NATIONAL ASSOCIATION,

as a Lender

By:  

/s/ Kristin N. Oswald

Name:   Kristin N. Oswald Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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ZB, N.A. DBA AMEGY BANK,

as a Lender

By:  

/s/ John Moffitt

Name:   John Moffitt Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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COMPASS BANK, as a Lender By:  

/s/ Gabriela Azcarate

Name:   Gabriela Azcarate Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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U.S. BANK NATIONAL ASSOCIATION, as a Lender By:  

/s/ Todd S. Anderson

Name:   Todd S. Anderson Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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JPMORGAN CHASE BANK, N.A., as a Lender By:  

/s/ Justin Crawford

Name:   Justin Crawford Title:   Authorized Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH,

as a Lender and as an Issuing Bank

By:  

/s/ William M. Reid

Name:   William M. Reid Title:   Authorized Signatory By:  

/s/ Trudy Nelson

Name:   Trudy Nelson Title:   Authorized Signatory

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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CITIZENS BANK NA, as a Lender By:  

/s/ Hernando Garcia

Name:   Hernando Garcia Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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BANK OF AMERICA, N.A., as a Lender By:  

/s/ Victor F. Cruz

Name:   Victor F. Cruz Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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The undersigned hereby consents to this Third Amendment as required under
Section 12.02 of the Credit Agreement and is signing this Third Amendment solely
for such purpose. Upon the effectiveness of this Third Amendment, the
undersigned shall cease to be a Lender for all purposes under the Loan
Documents.

BOKF, NA dba BANK OF OKLAHOMA,

as a Lender

By:  

/s/ Paul Edmonds

Name:   Paul Edmonds Title:   SVP – Energy Lending

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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ASSOCIATED BANK, N.A., as a Lender By:  

/s/ Brandon Starr

Name:   Brandon Starr Title:   Assistant Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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ABN AMRO CAPITAL USA LLC,

as a Lender

By:  

/s/ Darrell Holley

Name:   Darrell Holley Title:   By:  

/s/ Elizabeth Johnson

Name:   Elizabeth Johnson Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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THE HUNTINGTON NATIONAL BANK,

as a Lender

By:  

/s/ Jason A. Zilewicz

Name:   Jason A. Zilewicz Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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BRANCH BANKING AND TRUST COMPANY, as a Lender By:  

/s/ Parul June

Name:   Parul June Title:   Senior Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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MORGAN STANLEY SENIOR FUNDING, INC., as a Lender By:  

/s/ Michael King

Name:   Michael King Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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

DEUTSCHE BANK AG NEW YORK BRANCH, as a Lender By:  

/s/ Chris Chapman

Name:   Chris Chapman Title:   Director By:  

/s/ Shai Bander

Name:   Shai Bander Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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

REGIONS BANK, as a Lender By:  

/s/ Daniel G. Steele

Name:   Daniel G. Steele Title:   Managing Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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

MORGAN STANLEY BANK, N.A., as a Lender By:  

/s/ Michael King

Name:   Michael King Title:   Authorized Signatory

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

FOURTH AMENDED AND RESTATED CREDIT AGREEMENT

RICE ENERGY OPERATING LLC

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

ANNEX I

LIST OF MAXIMUM CREDIT AMOUNTS AND ELECTED COMMITMENTS

 

Name of Lender

  Applicable
Percentage     Elected
Commitment     Maximum Credit
Amount  

Wells Fargo Bank, N.A.

    7.50000000 %    $ 120,000,000.00     $ 187,500,000.00  

Barclays Bank PLC

    6.34375000 %    $ 101,500,000.00     $ 158,593,750.00  

BMO Harris Financing, Inc.

    5.68750000 %    $ 91,000,000.00     $ 142,187,500.00  

Capital One, National Association

    5.68750000 %    $ 91,000,000.00     $ 142,187,500.00  

Canadian Imperial Bank of Commerce, New York Branch

    5.68750000 %    $ 91,000,000.00     $ 142,187,500.00  

Citibank, N.A.

    5.68750000 %    $ 91,000,000.00     $ 142,187,500.00  

Fifth Third Bank

    5.68750000 %    $ 91,000,000.00     $ 142,187,500.00  

PNC Bank, National Association

    5.68750000 %    $ 91,000,000.00     $ 142,187,500.00  

Royal Bank of Canada

    5.12500000 %    $ 82,000,000.00     $ 128,125,000.00  

Compass Bank

    4.43750000 %    $ 71,000,000.00     $ 110,937,500.00  

JPMorgan Chase Bank, N.A.

    4.43750000 %    $ 71,000,000.00     $ 110,937,500.00  

Comerica Bank

    4.31250000 %    $ 69,000,000.00     $ 107,812,500.00  

ABN AMRO Capital USA LLC

    3.71875000 %    $ 59,500,000.00     $ 92,968,750.00  

Citizens Bank NA

    3.71875000 %    $ 59,500,000.00     $ 92,968,750.00  

Deutsche Bank AG New York Branch

    3.71875000 %    $ 59,500,000.00     $ 92,968,750.00  

Goldman Sachs Bank USA

    3.71875000 %    $ 59,500,000.00     $ 92,968,750.00  

SunTrust Bank

    3.71875000 %    $ 59,500,000.00     $ 92,968,750.00  

Bank of America, N.A.

    2.50000000 %    $ 40,000,000.00     $ 62,500,000.00  

U.S. Bank, National Association

    2.34375000 %    $ 37,500,000.00     $ 58,593,750.00  

Branch Banking and Trust Company

    2.06250000 %    $ 33,000,000.00     $ 51,562,500.00  

Regions Bank

    2.06250000 %    $ 33,000,000.00     $ 51,562,500.00  

ZB, N.A. dba Amegy Bank

    1.65625000 %    $ 26,500,000.00     $ 41,406,250.00  

Associated Bank, N.A.

    1.50000000 %    $ 24,000,000.00     $ 37,500,000.00  

The Huntington National Bank

    1.50000000 %    $ 24,000,000.00     $ 37,500,000.00  

Morgan Stanley Senior Funding, Inc.

    1.35937500 %    $ 21,750,000.00     $ 33,984,375.00  

Morgan Stanley Bank, N.A.

    0.14062500 %    $ 2,250,000.00     $ 3,515,625.00    

 

 

   

 

 

   

 

 

 

TOTAL

    100.00000000 %    $ 1,600,000,000.00     $ 2,500,000,000.00    

 

 

   

 

 

   

 

 

 

 

ANNEX I