Exhibit 10.1

Execution Version

THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

AND LIMITED WAIVER

dated as of

April 19, 2017

among

TITAN ENERGY OPERATING, LLC,

as Borrower,

TITAN ENERGY, LLC,

as Parent,

THE OTHER GUARANTORS PARTY HERETO,

THE LENDERS PARTY HERETO,

and

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Administrative Agent

PRIVILEGED AND CONFIDENTIAL

ATTORNEY WORK PRODUCT

SUBJECT TO JOINT INTEREST PRIVILEGE

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THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

AND LIMITED WAIVER

This THIRD AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED
WAIVER (this “Third Amendment”), dated as of April 19, 2017, is among TITAN
ENERGY OPERATING, LLC, a limited liability company formed under the laws of the
State of Delaware (the “Borrower”), TITAN ENERGY, LLC, a limited liability
company formed under the laws of the State of Delaware (the “Parent”), each of
the other undersigned guarantors (such guarantors together with the Parent, the
“Guarantors”, and the Guarantors together with the Borrower, the “Loan
Parties”), each of the Lenders that is a signatory hereto, and WELLS FARGO BANK,
NATIONAL ASSOCIATION, as administrative agent for the Lenders (in such capacity,
together with its successors, the “Administrative Agent”).

Recitals

A. The Borrower, the Parent, the Administrative Agent and the Lenders are
parties to that certain Third Amended and Restated Credit Agreement dated as of
September 1, 2016 (as amended, restated, supplemented or otherwise modified from
time to time, 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 advised the Administrative Agent and the Lenders that it
will not be in compliance with certain financial covenants under the Credit
Agreement.

C. The parties hereto desire to enter into this Third Amendment to amend the
Credit Agreement in certain respects as set forth herein and to waive, on a
limited basis, any defaults in respect of such noncompliance with financial
covenants, 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 6 hereof, the
Credit Agreement shall be amended in the manner provided in this Section 2
effective as of the Third Amendment Effective Date.

 

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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 Third Amended and
Restated Credit Agreement and Limited Waiver dated as of April 19, 2017, among
the Borrower, the Guarantors, the Administrative Agent and the Lenders party
thereto.

“Third Amendment Effective Date” means April 19, 2017.

2.2 Restated Definitions. The definitions of “Loan Documents” and
“Non-Conforming Borrowing Base Reduction Date” contained in Section 1.02 of the
Credit Agreement are hereby amended and restated in their entirety to read in
full as follows:

“Loan Documents” means this Agreement, the First Amendment, the Second
Amendment, the Third Amendment, the Notes, if any, the Letter of Credit
Agreements, the Letters of Credit, the Security Instruments, the Intercreditor
Agreement, the Junior Lien Intercreditor Agreement, and any and all other
material agreements or instruments now or hereafter executed and delivered by
any Loan Party or any other Person (other than Swap Agreements or agreements
regarding the provision of Bank Products with the Lenders or any Affiliate of a
Lender or participation or similar agreements between any Lender and any other
lender or creditor with respect to any Indebtedness pursuant to this Agreement)
in connection with the Indebtedness, this Agreement and the transactions
contemplated hereby, as such agreements may be amended, modified, supplemented
or restated from time to time.

“Non-Conforming Borrowing Base Reduction Date” means May 1, 2018.

2.3 Amendments to Section 9.01(a) of the Credit Agreement. Section 9.01(a) of
the Credit Agreement is hereby amended and restated in its entirety to read in
full as follows:

(a) Ratio of Total Debt to EBITDA. Each of the Parent and the Borrower will not
permit, as of the last day of any Rolling Period ending for the fiscal quarter
set forth below, the ratio of Total Debt as of such day to EBITDA for the
Rolling Period ending on such day to be greater than the correlative ratio
indicated for such date:

 

Fiscal Quarter End Date:

   Total Debt to EBITDA
Ratio:  

December 31, 2016

     5.00:1:00     

 

 

 

December 31, 2017

     5.50:1:00  

March 31, 2018

     5.50:1:00  

June 30, 2018

     5.50:1:00  

September 30, 2018

     5.50:1:00  

December 31, 2018

     5.50:1:00  

March 31, 2019 and thereafter

     5.00:1:00  

 

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2.4 Amendments to Section 9.01(c) of the Credit Agreement. Section 9.01(c) of
the Credit Agreement is hereby amended and restated in its entirety to read in
full as follows:

(a) First Lien Leverage Ratio. Each of the Parent and the Borrower will not
permit, as of the last day of any Rolling Period ending for the fiscal quarter
set forth below, the ratio of the total First Lien Debt as of such day to EBITDA
(the “First Lien Leverage Ratio”) for the Rolling Period ending on such day to
be greater than the correlative ratio indicated for such date:

 

Fiscal Quarter End Date:

   First Lien Leverage
Ratio:  

December 31, 2016

     3.50:1:00     

 

 

 

December 31, 2017

     4.00:1:00  

March 31, 2018

     4.00:1:00  

June 30, 2018

     4.00:1:00  

September 30, 2018

     4.00:1:00  

December 31, 2018

     4.00:1:00  

March 31, 2019 and thereafter

     3.50:1:00  

Section 3. Limited Waiver. Effective as of the Third Amendment Effective Date,
and until a Waiver Revocation Event has occurred, the Lenders party hereto, on a
one-time basis, waive:

(a) any Default or Event of Default pursuant to Section 10.01(d) of the Credit
Agreement in respect of the requirement under Section 9.01(a) of the Credit
Agreement for the Rolling Period ending December 31, 2016;

(b) any Default or Event of Default pursuant to Section 10.01(d) of the Credit
Agreement in respect of the requirement under Section 9.01(c) of the Credit
Agreement for the Rolling Period ending December 31, 2016;

(c) any Default or Event of Default pursuant to Section 10.01(d) of the Credit
Agreement resulting from the delivery of annual financial statements in respect
of the requirement under Section 8.01(a)(i) of the Credit Agreement without an
unqualified opinion as to “going concern”; and

(d) any Default or Event of Default occurring on or prior to November 1, 2017
pursuant to Section 10.01(f) of the Credit Agreement solely in respect of the
Permitted Second Lien Debt.

 

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For purposes hereof, “Waiver Revocation Event” means (i) any holder of Permitted
Second Lien Debt or any other Indebtedness or any agent, trustee or
representative on behalf of any such holder shall exercise or seek to exercise
any rights or remedies (including set off or declaring such Debt due and
payable), whether under or pursuant to the Junior Lien Intercreditor Agreement
(other than delivery of a notice as contemplated in Section 3.02(a)(i) thereof),
the Permitted Second Lien Debt Documents or any applicable indenture, loan
agreement or similar agreement or under applicable law, or institutes any
actions or proceeding in respect of the Junior Lien Intercreditor or any other
Loan Document, against or in respect of any Secured Creditor, the Borrower or
any of the other Loan Parties or any of their respective Property and whether as
a secured or unsecured creditor, (ii) any Standstill Period (as defined in the
Junior Lien Intercreditor Agreement) in effect has not been extended on terms
satisfactory to the Administrative Agent at least 15 Business Days prior to the
expiration of such Standstill Period or (iii) the occurrence of any Event of
Default under the Credit Agreement (other than the Events of Default described
in clauses (a), (b), (c) and (d) above), this Third Amendment or any other Loan
Document.

Section 4. Covenants. The Borrower shall:

4.1 Borrowing Base Reduction. Take actions necessary to cause the Conforming
Borrowing Base to be reduced to $330,000,000 on or prior to August 31, 2017.

4.2 Further Borrowing Base Reduction. Take actions necessary to cause the
Conforming Borrowing Base to be reduced to $190,000,000 or lower on or prior to
October 1, 2017; provided that the Administrative Agent may, in its sole
discretion, extend the date of such reduction by up to 30 days at the request of
the Borrower.

4.3 Non-Conforming Borrowing Base Reduction. Take actions necessary to cause the
Non-Conforming Borrowing Base to be reduced to $10,000,000 on or prior to
November 1, 2017.

4.4 Asset Sale Proceeds. Prior to November 1, 2017, at any time any
Non-Conforming Borrowing Base Loans are outstanding or a Borrowing Base
Deficiency exists, make optional prepayments (and hereby gives notice of such
optional prepayments in accordance with Section 3.04(a) of the Credit Agreement)
with any remaining Net Available Cash received in connection with an Asset
Disposition after giving effect to any prepayments required by
Section 3.04(c)(iii) of the Credit Agreement which shall be applied as follows
on the same day as any such prepayments: (a) first, to repay Conforming
Borrowing Base Loans (together with accrued and unpaid interest thereon) in an
amount sufficient to lower the aggregate principal amount of Conforming
Borrowing Base Loans to $190,000,000; (b) second, to repay Non-Conforming
Borrowing Base Loans (together with accrued and unpaid interest thereon) in an

 

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amount sufficient to lower the aggregate principal amount of Non-Conforming
Borrowing Base Loans to $10,000,000; and (c) third, to repay Conforming
Borrowing Base Loans (together with accrued and unpaid interest thereon).

The Borrower hereby gives notice in accordance with Section 2.06(b) of the
Credit Agreement, that immediately following any prepayment of the Loans as set
forth in this Section 4.4, the Aggregate Maximum Credit Amounts shall be
permanently reduced in the same amount of the prepayments required by Section
3.04(c)(iii) of the Credit Agreement and this Section 4.4 in accordance with
Section 2.06(b) of the Credit Agreement.

4.5 Cash Flow Forecasts. On the first Wednesday of each month, deliver to the
Administrative Agent and Lenders a budget (including, without limitation, the
forecasted cash flow of the Loan Parties and Liquidity) for each remaining month
of the fiscal year ending December 31, 2017, which budget shall be certified by
a Financial Officer of the Borrower as having been prepared in good faith based
upon assumptions believed by the Borrower to be reasonable at the time made and
at the time such Budget is furnished to the Administrative Agent.

4.6 Information in Respect of Sale of Properties. Until the Conforming Borrowing
Base is $190,000,000 or lower, (a) on each Wednesday (or less frequently as may
be agreed by the Administrative Agent) cause members of management of the
Borrower to participate in a call with the Administrative Agent and available
Lenders regarding the status all Asset Dispositions consummated or to be
consummated by the Loan Parties, (b) use commercially reasonable efforts to
cause Detring Energy Advisors and RBC Richardson Barr on the first Wednesday (or
such other day as the Administrative Agent may agree) of each month to
participate in a call with the Administrative Agent and the steering committee
of Lenders regarding the status all Asset Dispositions consummated or to be
consummated by the Loan Parties and (c) promptly provide such information as may
be requested by the Administrative Agent in respect of such Asset Dispositions.

Any failure to comply with any covenant in this Section 4 shall be an immediate
Event of Default.

 

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Section 5. Borrowing Base. The Conforming Borrowing Base and Non-Conforming
Borrowing Base shall be maintained at $410,000,000 and $30,000,000,
respectively, and shall remain at $440,000,000 in the aggregate until the next
Scheduled Redetermination, Interim Redetermination or other redetermination or
adjustment of the Borrowing Base thereafter, whichever occurs first pursuant to
this Third Amendment or the Credit Agreement as amended hereby. The Loan
Parties, the Administrative Agent and the Lenders agree that the redetermination
of the Borrowing Base provided for in this Section 5 shall be considered to be
the Scheduled Redetermination required to occur on May 1, 2017 for purposes of
Section 2.07 of the Credit Agreement.

Section 6. Conditions Precedent. This Third Amendment shall be effective on the
date the following conditions are fulfilled (such date being the “Third
Amendment Effective Date”):

6.1 The Administrative Agent shall have received duly executed counterparts of
this Third Amendment from the Loan Parties and the Super Majority Lenders.

6.2 The Administrative Agent (and any Lender and Issuing Bank, as applicable)
shall have received all fees, expenses and other amounts due and payable on or
prior to the Third Amendment Effective Date, including all the fees, charges and
disbursements of any counsel for the Administrative Agent, any Issuing Bank and
any Lender incurred in connection with the preparation, negotiation, execution
and delivery of this Third Amendment (including amounts due and owing to
Linklaters LLP, Opportune LLP and Vinson & Elkins LLP); provided that all such
amounts shall have been invoiced prior to the Third Amendment Effective Date.

6.3 The Administrative Agent shall have received a budget as described in
Section 4.5.

6.4 The Administrative Agent shall have received a certificate of the Secretary
or an Assistant Secretary of the Parent, the Borrower and each Guarantor, as
applicable, setting forth (i) resolutions of its Board of Directors (or other
applicable managing Person) with respect to the authorization of the Borrower or
such Guarantor to execute and deliver this Third Amendment and to enter into the
transactions contemplated herein, (ii) the officers of the Parent, the Borrower
or such Guarantor (A) who are authorized to sign this Third Amendment and
(B) who will, until replaced by another officer or officers duly authorized for
that purpose, act as its representative for the purposes of signing documents
and giving notices and other communications in connection with this Third
Amendment and the transactions contemplated hereby, (iii) specimen signatures of
such authorized officers, and (iv) the articles or certificate of incorporation
and bylaws (or other applicable governing documents) of the Parent, the Borrower
and such Guarantor (each in form and substance reasonably satisfactory to the
Administrative Agent), certified as being true and complete. The Administrative
Agent and the Lenders may conclusively rely on such certificate until the
Administrative Agent receives notice in writing from the Borrower to the
contrary.

6.5 The Administrative Agent shall have received such other documents as the
Administrative Agent or counsel to the Administrative Agent may reasonably
request.

 

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Section 7. Miscellaneous.

7.1 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 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.

7.2 Ratification and Affirmation of Loan Parties. Each of the Loan Parties
hereby expressly (a) acknowledges the terms of this Third Amendment,
(b) ratifies and affirms its obligations under the Guaranty Agreement and the
other Loan Documents to which it is a party, (c) acknowledges, renews and
extends its continued liability under the Guaranty Agreement and the other Loan
Documents to which it is a party, (d) agrees that its guarantee under the
Guaranty Agreement and the other Loan Documents to which it is a party remains
in full force and effect with respect to the Indebtedness as amended hereby,
(e) represents and warrants to the Lenders and the Administrative Agent that
each representation and warranty of such Loan 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 on and as of the Third Amendment Effective Date
(other than (x) representations and warranties that were made as of a specific
date, in which case such representations and warranties were true and correct in
all material respects when made and (y) representations and warranties that are
qualified by materiality or by reference to Material Adverse Effect, in which
case such representations and warranties (as so qualified) shall continue to be
true and correct in all respects), (f) represents and warrants to the Lenders
and the Administrative Agent that the execution, delivery and performance by
such Loan Party of this Third Amendment are within such Loan 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 Loan 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 (g) represents and warrants to the Lenders and the Administrative Agent that
immediately on and as of the Third Amendment Effective Date, no Default, Event
of Default (other than the Defaults and Events of Default described in Sections
3 (a), (b), (c) and (d) hereof) or Borrowing Base Deficiency exists.

7.3 Counterparts; Integration; Effectiveness; Electronic Execution.

(a) This Third Amendment may be executed in counterparts (and by different
parties hereto in different counterparts), each of which shall constitute an
original, but all of which when taken together shall constitute a single
contract. This Third Amendment and the other Loan Documents, and any separate
letter agreements with respect to fees payable to the Administrative Agent
and/or the Issuing Bank, constitute the entire contract among the parties
relating to the subject matter hereof and supersede any and all previous
agreements and understandings, oral or written, relating to the subject matter
hereof. Delivery of an executed

 

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counterpart of a signature page of this Third Amendment by facsimile or in
electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a
manually executed counterpart of this Third Amendment.

(b) The words “execution,” “signed” and “signature” shall be deemed to include
electronic signatures or the keeping of records in electronic form, each of
which shall be of the same legal effect, validity or enforceability as a
manually executed signature or the use of a paper-based recordkeeping system, as
the case may be, to the extent and as provided for in any applicable Law,
including the Federal Electronic Signatures in Global and National Commerce Act,
the New York State Electronic Signatures and Records Act, or any other similar
state laws based on the Uniform Electronic Transactions Act.

7.4 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 EVIDENCE
OF PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE PARTIES. THERE
ARE NO SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES.

7.5 Governing Law. THIS THIRD AMENDMENT AND ANY CLAIM, CONTROVERSY, DISPUTE OR
CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING
OUT OF OR RELATING TO THIS THIRD AMENDMENT AND THE TRANSACTIONS CONTEMPLATED
HEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE
STATE OF NEW YORK.

7.6 Payment of Expenses. The Borrower shall pay all reasonable and documented
out-of-pocket expenses incurred by the Administrative Agent and its Affiliates,
including, without limitation, the reasonable fees, charges and disbursements of
counsel and other outside consultants for the Administrative Agent, the
reasonable travel, photocopy, mailing, courier, telephone and other similar
expenses, in connection with the preparation, negotiation, execution, delivery
and administration (both before and after the execution hereof and including
advice of counsel to the Administrative Agent as to the rights and duties of the
Administrative Agent and the Lenders with respect thereto) of this Third
Amendment and any amendments, modifications or waivers of or consents related to
the provisions hereof or thereof.

7.7 Severability. Any provision of this Third Amendment held to be invalid,
illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such invalidity, illegality or unenforceability
without affecting the validity, legality and enforceability of the remaining
provisions hereof or thereof; and the invalidity of a particular provision in a
particular jurisdiction shall not invalidate such provision in any other
jurisdiction.

7.8 Successors and Assigns. The provisions of this Third Amendment shall be
binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns.

7.9 Release. EACH OF THE LOAN PARTIES, ON ITS OWN BEHALF AND ON BEHALF OF ITS
PREDECESSORS, SUCCESSORS, LEGAL REPRESENTATIVES AND ASSIGNS (EACH OF THE
FOREGOING, COLLECTIVELY, THE “RELEASING PARTIES”), HEREBY ACKNOWLEDGES AND
STIPULATES THAT AS OF THE DATE

 

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OF THIS THIRD AMENDMENT, NONE OF THE RELEASING PARTIES HAS ANY CLAIMS OR CAUSES
OF ACTION OF ANY KIND WHATSOEVER AGAINST, OR ANY GROUNDS OR CAUSE FOR REDUCTION,
MODIFICATION, SET ASIDE OR SUBORDINATION OF THE INDEBTEDNESS OR ANY LIENS OR
SECURITY INTERESTS OF, THE ADMINISTRATIVE AGENT, THE LENDERS OR ANY OF THEIR
AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, ATTORNEYS, OR
REPRESENTATIVES, OR AGAINST ANY OF THEIR RESPECTIVE PREDECESSORS, SUCCESSORS OR
ASSIGNS (EACH OF THE FOREGOING, COLLECTIVELY, THE “RELEASED PARTIES”). IN
PARTIAL CONSIDERATION FOR THE AGREEMENT OF THE ADMINISTRATIVE AGENT AND THE
LENDERS PARTY HERETO TO ENTER INTO THIS THIRD AMENDMENT, EACH OF THE RELEASING
PARTIES HEREBY UNCONDITIONALLY WAIVES AND FULLY AND FOREVER RELEASES, REMISES,
DISCHARGES AND HOLDS HARMLESS THE RELEASED PARTIES FROM ANY AND ALL CLAIMS,
CAUSES OF ACTION, DEMANDS AND LIABILITIES OF ANY KIND WHATSOEVER, WHETHER DIRECT
OR INDIRECT, FIXED OR CONTINGENT, LIQUIDATED OR UNLIQUIDATED, DISPUTED OR
UNDISPUTED, KNOWN OR UNKNOWN, WHICH ANY OF THE RELEASING PARTIES HAS OR MAY
ACQUIRE IN THE FUTURE RELATING IN ANY WAY TO ANY EVENT, CIRCUMSTANCE, ACTION OR
FAILURE TO ACT AT ANY TIME ON OR PRIOR TO THE THIRD AMENDMENT EFFECTIVE DATE,
SUCH WAIVER, RELEASE AND DISCHARGE BEING MADE WITH FULL KNOWLEDGE AND
UNDERSTANDING OF THE CIRCUMSTANCES AND EFFECTS OF SUCH WAIVER, RELEASE AND
DISCHARGE, AND AFTER HAVING CONSULTED LEGAL COUNSEL OF ITS OWN CHOOSING WITH
RESPECT THERETO. THIS PARAGRAPH IS IN ADDITION TO ANY OTHER RELEASE OF ANY OF
THE RELEASED PARTIES BY THE RELEASING PARTIES AND SHALL NOT IN ANY WAY LIMIT ANY
OTHER RELEASE, COVENANT NOT TO SUE OR WAIVER BY THE RELEASING PARTIES IN FAVOR
OF THE RELEASED PARTIES.

[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:     TITAN ENERGY OPERATING, LLC, a Delaware limited liability company
    By:  

/s/ Jeffrey M. Slotterback

    Name:   Jeffrey M. Slotterback     Title:   Chief Financial Officer PARENT:
    TITAN ENERGY, LLC, a Delaware limited liability company     By:  

/s/ Jeffrey M. Slotterback

    Name:   Jeffrey M. Slotterback     Title:   Chief Financial Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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ATLAS RESOURCE PARTNERS HOLDINGS, LLC, a Delaware limited liability company
ATLAS ENERGY COLORADO, LLC, a Colorado limited liability company ATLAS ENERGY
INDIANA, LLC, an Indiana limited liability company ATLAS ENERGY OHIO, LLC, an
Ohio limited liability company ATLAS ENERGY TENNESSEE, LLC, a Pennsylvania
limited liability company ATLAS NOBLE, LLC, a Delaware limited liability company
ATLAS RESOURCES, LLC, a Pennsylvania limited liability company REI-NY, LLC, a
Delaware limited liability company RESOURCE ENERGY, LLC, a Delaware limited
liability company RESOURCE WELL SERVICES, LLC, a Delaware limited liability
company VIKING RESOURCES, LLC, a Pennsylvania limited liability company ARP
BARNETT, LLC, a Delaware limited liability company ARP OKLAHOMA, LLC, an
Oklahoma limited liability company ARP BARNETT PIPELINE, LLC, a Delaware limited
liability company By:  

/s/ Jeffrey M. Slotterback

  Jeffrey Slotterback   Chief Financial Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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ATLAS BARNETT, LLC, a Texas limited liability company ARP PRODUCTION COMPANY,
LLC, a Delaware limited liability company ARP RANGELY PRODUCTION, LLC, a
Delaware limited liability company ARP MOUNTAINEER PRODUCTION, LLC, a Delaware
limited liability company ATLS PRODUCTION COMPANY, LLC, a Delaware limited
liability company ATLAS PIPELINE TENNESSEE, LLC, a Pennsylvania limited
liability company ARP EAGLE FORD, LLC, a Texas limited liability company ATLAS
ENERGY SECURITIES, LLC, a Delaware limited liability company By:  

/s/ Jeffrey M. Slotterback

  Jeffrey Slotterback   Chief Financial Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender, as Administrative Agent and
an Issuing Bank By:  

/s/ Bryan M. McDavid

  Bryan M. McDavid   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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CITIBANK, N.A., as a Lender By:  

/s/ Peter T. Baumann

Name:   Peter T. Baumann Title:   Managing Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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

/s/ Jo Linda Papadakis

Name:   Jo Linda Papadakis Title:   Authorized Officer

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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

/s/ Edna Aguilar Mitchell

Name:   Edna Aguilar Mitchell Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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NATIXIS, NEW YORK BRANCH, as a Lender By:  

/s/ Jarrett C. Price

Name:   Jarrett C. Price Title:   Director By:  

/s/ Brice Le Foyer

Name:   Brice Le Foyer Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender By:  

/s/ Stephen Hartman

Name:   Stephen Hartman Title:   Assistant Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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

/s/ Marcus Tarkington

Name:   Marcus Tarkington Title:   Director By:  

/s/ Dusan Lazarov

Name:   Dusan Lazarov Title:   Director

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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COMERICA BANK, as a Lender By:  

/s/ Jeffrey M. Parilla

Name:   Jeffrey M. Parilla Title:   Vice President

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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SUNTRUST BANK, as a Lender By:  

/s/ Janet R. Naifeh

Name:   Janet R. Naifeh Title:   Senior Vice President

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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ROYAL BANK OF CANADA, as a Lender By:  

/s/ Mark Lumpkin Jr.

Name:   Mark Lumpkin Jr. Title:   Authorized Signatory

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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CADENCE BANK, N.A., as a Lender By:  

/s/ Kyle Gruen

Name:   Kyle Gruen Title:   Assistant Vice President

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender By:  

/s/ Eric J. DeSantis

Name:   Eric J. DeSantis Title:   Executive Director

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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ING CAPITAL LLC, as a Lender

By:  

/s/ Scott Lamoreaux

Name:   Scott Lamoreaux Title:   Director By:  

/s/ Michael Price

Name:   Michael Price Title:   Managing Director

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

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THE HUNTINGTON NATIONAL BANK, as a Lender By:  

/s/ Margaret Niekrash

Name:   Margaret Niekrash Title:   SVP

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

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BARCLAYS BANK PLC, as a Lender By:  

/s/ Nicole Webb

Name:   Nicole Webb Title:   Authorized Signatory

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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THE BANK OF NOVA SCOTIA, as a Lender By:  

/s/ Mark Sparrow

Name:   Mark Sparrow Title:   Director

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

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WHITNEY BANK, as a Lender By:  

/s/ Liana Tchernysheva

Name:   Liana Tchernysheva Title:   Senior Vice President

 

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THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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PNC BANK, NATIONAL ASSOCIATION, as a Lender

By:  

/s/ John Ataman

Name:   John Ataman Title:   SVP

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC

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CIT BANK, N.A., formerly known as OneWest Bank, N.A., as a Lender By:  

/s/ Barbara Parish

Name:   Barbara Parish Title:   Principal

 

SIGNATURE PAGE TO THIRD AMENDMENT TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER

TITAN ENERGY OPERATING, LLC