Document:

posexa5ex10xi_gwgholdings.htm

Exhibit 10.11

 

EXECUTION COPY

 

GENERAL REAFFIRMATION AND MODIFICATION AGREEMENT

This General Reaffirmation and Modification Agreement (this “Agreement”) is made as of January 25, 2013 between GWG HOLDINGS, INC., a Delaware corporation (the “Company”) and DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK (“DZ Bank”), as agent (in such capacity, the “Administrative Agent”) for the Lenders from time to time parties to that certain Amended and Restated Credit and Security Agreement dated as of the date hereof among the Company, GWG DLP Funding II, LLC, as Borrower, GWG Life Settlements, LLC, as Seller, Autobahn Funding Company LLC, as Conduit Lender, and DZ Bank, as Agent and as Committed Lender (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), which Credit Agreement amends and restates in its entirety that certain Credit and Security Agreement dated as of July 15, 2008 among the Company, certain other GWG Parties (as defined in the Credit Agreement), the Departing GWG Parties (as defined in the Credit Agreement), Autobahn Funding Company, LLC and DZ Bank, as Agent (as amended, restated, supplemented or otherwise modified prior to the effectiveness of the Credit Agreement, the “Previous Credit Agreement”).  Undefined capitalized terms which are used herein shall have the meanings ascribed to such terms in the Credit Agreement.

1.  Reaffirmation of Related Documents.  In connection with the execution and delivery of the Credit Agreement, the Company, as Performance Guarantor, under the Related Documents heretofore executed and delivered in connection with or pursuant to the Previous Credit Agreement (such documents, as amended, restated, supplemented or otherwise modified prior to the date of the Credit Agreement, all such agreements being collectively referred to hereinafter as the “Prior Agreements”), (a) hereby ratifies and reaffirms all of its remaining payment and performance obligations, contingent or otherwise, if any, under each of such Related Documents to which it is a party and (b) hereby ratifies and reaffirms the Performance Guaranty.

2.  Modification of Related Documents.  The Company further agrees that all references to the “Credit Agreement” in the Related Documents being reaffirmed pursuant to Section 1 shall hereafter mean and refer to the Previous Credit Agreement as amended and restated by the Credit Agreement.  All references to “Related Documents” in the Prior Agreements and the Credit Agreement shall hereafter mean and refer to the “Related Documents” as defined in the Credit Agreement and delivered under the Credit Agreement or the Prior Agreements, together with all amendments, restatements, terminations, replacements, supplements and modifications thereof and thereto.

3.  Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York (including Section 5-1401 of the General Obligations Law of the State of New York but otherwise without regard to conflicts of law principles).

4.  Headings.  Section headings in this Agreement are included herein for convenience of reference only and shall not constitute part of this Agreement.

5.  Counterparts.  This Agreement may be executed in any number of counterparts and by one or more of the parties hereto on any number of separate counterparts and all of said counterparts taken together shall be deemed to constitute one and the same agreement.  This Agreement shall become effective upon the execution of a counterpart hereof by each of the parties hereto.  Delivery of an executed counterpart of this Agreement by facsimile shall be deemed as effective as delivery of an originally executed counterpart.

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IN WITNESS WHEREOF, this Agreement has been duly executed as of the day and year first above written.

 

	 	GWG HOLDINGS, INC., 

as the Company

 

By:  ________________________________

Name:

Title:

  

 

General Reaffirmation and Modification Agreement

 

  

  

  

 

Agreed and Accepted:

DZ BANK AG DEUTSCHE

ZENTRAL-GENOSSENSCHAFTSBANK,

as the Agent

 

By:  ________________________________

Name:

Title:

 

 

 

General Reaffirmation and Modification AgreementNRGM - EX4.4 - Q1 13

Exhibit 4.4

INERGY MIDSTREAM, L.P.,
NRGM FINANCE CORP.
AND
THE GUARANTORS PARTY HERETO
______________________________________
6.0% Senior Notes due 2020
______________________________________

FIRST SUPPLEMENTAL INDENTURE 
AND AMENDMENT -- SUBSIDIARY GUARANTEE
Dated as of January 18, 2013
______________________________________
U.S. BANK NATIONAL ASSOCIATION,
As Trustee
______________________________________

US 1699179v.5

This FIRST SUPPLEMENTAL INDENTURE, dated as of January 18, 2013 is among Inergy Midstream, L.P., a Delaware limited partnership (the “Partnership”), NRGM Finance Corp., a Delaware corporation (“Finance Corp.” and, together with the Partnership, the “Issuers”), the guarantors party hereto (each, a “Guarantor” and, collectively, the “Guarantors”) and U.S. Bank National Association, a national banking association, as trustee (the “Trustee”).
RECITALS
WHEREAS, the Issuers, the initial Guarantors and the Trustee entered into an Indenture, dated as of December 7, 2012 (the “Indenture”), pursuant to which the Issuers have issued $500,000,000 in principal amount of 6.0% Senior Notes due 2020 (the “Notes”); 
WHEREAS, Section 9.01(g) of the Indenture provides that the Issuers, the Guarantors and the Trustee may amend or supplement the Indenture in order to comply with Section 4.13 or 10.03 thereof, without the consent of the Holders of the Notes; and
WHEREAS, each of Inergy Crude Logistics, LLC, Inergy Terminals, LLC, Inergy Dakota Pipeline, LLC and Inergy Midstream Operations, LLC are being added as additional Guarantors of the Notes; and
WHEREAS, all acts and things prescribed by the Indenture, by law and by the Certificate of Incorporation and the Bylaws (or comparable constituent documents) of the Issuers, of the Guarantors and of the Trustee necessary to make this First Supplemental Indenture a valid instrument legally binding on the Issuers, the Guarantors and the Trustee, in accordance with its terms, have been duly done and performed;
NOW, THEREFORE, to comply with the provisions of the Indenture and in consideration of the above premises, the Issuers, the Guarantors and the Trustee covenant and agree for the equal and proportionate benefit of the respective Holders of the Notes as follows:
ARTICLE 1
Section 1.01.    This First Supplemental Indenture is supplemental to the Indenture and does and shall be deemed to form a part of, and shall be construed in connection with and as part of, the Indenture for any and all purposes.
Section 1.02.    This First Supplemental Indenture shall become effective immediately upon its execution and delivery by each of the Issuers, the Guarantors and the Trustee.
ARTICLE 2
From this date, in accordance with Section 4.13 or 10.03 and by executing this First Supplemental Indenture, the Guarantors whose signatures appear below are subject to the provisions of the Indenture to the extent provided for in Article 10 thereunder.
ARTICLE 3

Section 3.01.    Except as specifically modified herein, the Indenture and the Notes are in all respects ratified and confirmed (mutatis mutandis) and shall remain in full force and effect in accordance with their terms with all capitalized terms used herein without definition having the same respective meanings ascribed to them as in the Indenture.
Section 3.02.    Except as otherwise expressly provided herein, no duties, responsibilities or liabilities are assumed, or shall be construed to be assumed, by the Trustee by reason of this First Supplemental Indenture.  This First Supplemental Indenture is executed and accepted by the Trustee subject to all the terms and conditions set forth in the Indenture with the same force and effect as if those terms and conditions were repeated at length herein and made applicable to the Trustee with respect hereto.
Section 3.03.    THIS FIRST SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
Section 3.04.    The parties may sign any number of copies of this First Supplemental Indenture.  Each signed copy shall be an original, but all of such executed copies together shall represent the same agreement.
[NEXT PAGE IS SIGNATURE PAGE]

IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed, all as of the date first written above.
INERGY MIDSTREAM, L.P.

BY:  NRGM GP, LLC, its general partner

By     /s/ Michael J. Campbell                      
Name: Michael J. Campbell 
Title: Senior Vice President and Chief Financial        
          Officer

NRGM  FINANCE CORP.

By    /s/ Michael J. Campbell                
Name: Michael J. Campbell 
Title: Senior Vice President and Chief Financial        
          Officer

GUARANTORS
 
FINGER LAKES LPG STORAGE, LLC
CENTRAL NEW YORK OIL AND GAS COMPANY, L.L.C.
INERGY STORAGE, INC.
INERGY PIPELINE EAST, LLC
INERGY GAS MARKETING, LLC
ARLINGTON STORAGE COMPANY, LLC
INERGY ASC, LLC
ARLINGTON ASSOCIATES, L.P. BY ITS GENERAL PARTNER, INERGY ASC, LLC
STEUBEN GAS STORAGE COMPANY
US SALT, LLC
INERGY CRUDE LOGISTICS, LLC
INERGY TERMINALS, LLC
INERGY DAKOTA PIPELINE, LLC
INERGY MIDSTREAM OPERATIONS, LLC

By     /s/ Michael J. Campbell                      
Name: Michael J. Campbell 
Title: Senior Vice President and Chief Financial   Officer

Signature Page to First Supplemental Indenture

U.S. BANK NATIONAL ASSOCIATION,
AS TRUSTEE

By     /s/ Raymond S. Haverstock                  
Name: Raymond S. Haverstock 
Title: Vice President 

Signature Page to First Supplemental Indenture

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