Document:

exv10w1

 

EXHIBIT 10.1

SEVENTH AMENDMENT

TO

LOAN AGREEMENT

     This SEVENTH Amendment To Loan Agreement is entered into as of May 4, 2006 (the
“Amendment”), by and among Comerica Bank (“Bank”), Safeguard Delaware,
inc (“Safeguard Delaware”) and Safeguard Scientifics (Delaware), Inc
(“Safeguard Scientifics”; Safeguard Scientifics and Safeguard Delaware are sometimes referred to,
individually, as a “Borrower” and collectively, as the “Borrowers”).

Recitals

     Borrowers and Bank are parties to that certain Loan Agreement dated as of May 10, 2002, as
amended from time to time, including without limitation by a First Amendment to Loan Agreement
dated as of May 5, 2003, a Second Amendment to Loan Agreement dated as of February 12, 2004, a
Third Amendment to Loan Agreement dated as of May 8, 2004, a Fourth Amendment to Loan Agreement
dated as of September 30, 2004, a Fifth Amendment to Loan Agreement dated as of May 2, 2005, and a
Sixth Amendment to Loan Agreement dated as of August 1, 2005 (as so amended, the “Agreement”). The
parties desire to further amend the Agreement in accordance with the terms of this Amendment,

     Now, Therefore, the parties agree as follows:

     1. The following definitions are hereby amended in Section 1 of the Agreement to read as
follows:

          “Credit Extension” means each Advance, Letter of Credit, Private Partner Guaranty, or
any other extension of credit by Bank for the benefit of Borrowers hereunder.

          “Revolving Line” means aggregate Credit Extensions of up to Fifty Five Million Dollars
($55,000,000).

          “Revolving Maturity Date” means May 3, 2007.

     2. The Facility 2 Letter of Credit Line is terminated. All Letters of Credit shall be issued
pursuant to Section 2.1(b) of the Agreement, provided the face amount of outstanding Letters of
Credit, whether drawn or not, may not exceed Ten Million Dollars ($10,000,000).

     3. Section 5.8 is amended to read as follows: 5.8 Depository Balances. At all
times, Borrowers collectively shall maintain in unrestricted deposit accounts maintained by Bank,
or in certificates of deposit issued by Bank, or in securities accounts maintained with an
affiliate of Bank under securities account control agreements acceptable to Bank, a balance (the
“Required Cash Balance”) of cash and Cash Equivalents that is at least equal to One Hundred Percent
(100%) of the balance of the outstanding Advances, outstanding Letters of Credit, and outstanding
obligations that are subject to, or covered by, any Private Partner Guaranties (the “Guaranteed
Obligations”), provided that for the purpose of calculating the Required Cash Balance, (i) the
amount of the Guaranteed Obligations shall be the amounts actually outstanding, and not the
commitment amount under the loan agreement or other document or instrument under which such
Guaranteed Obligations are incurred, and (ii) the amount of the Required Cash Balance in respect of
the Private Partner Guaranty made for the benefit of Alliance Holding, Inc. shall be the lesser of
$10,000,000 or the outstanding obligations under both the guaranteed and non-guaranteed credit
lines available to Alliance Holding, Inc. Borrowers shall maintain their principal depository
accounts with Bank. Each Borrower authorizes Bank to decline to honor any checks, drafts or other
items of payment or directions to wire or otherwise transfer funds from Bank, and agrees that any
securities accounts maintained in connection with this Section 5.8 will be subject to Bank’s right
to direct the securities intermediary not to honor payment or transfer instructions if and to the
extent that, after giving effect to the payment of any such item or transfer of such funds or
assets, Borrowers would not be in compliance with this Section. Borrowers acknowledge that Bank
may, similarly, decline to make any Credit Extensions in respect of any facilities covered by

1

 

a Private Partner Guaranty if, after giving effect to such Credit Extension, Borrowers would not be
in compliance with this Section.

     4. Exhibit B to the Agreement (the “Compliance Certificate”) is hereby amended and
replaced in its entirety by Exhibit B attached hereto.

     5. Each Borrower grants to Bank a security interest in all of such Borrower’s interest, now
owned or hereafter acquired, in any securities accounts or securities entitlements held or
maintained by or with Comerica Securities, Inc. or any affiliate of Bank, including all securities,
investment property, and financial assets in any such accounts or entitlements and any proceeds
thereof. All of such property shall be included in the “Collateral”, and shall secure prompt
performance of the Obligations. Each Borrower shall execute such account control agreements and
other documents as Bank reasonably requests in connection with the perfection of its security
interest in such property.

     6. Unless otherwise defined, all initially capitalized terms in this Amendment shall be as
defined in the Agreement. The Agreement, as amended hereby, shall be and remain in full force and
effect in accordance with its respective terms and hereby is ratified and confirmed in all
respects. Each Borrower ratifies and reaffirms the continuing effectiveness of the Agreement and
all instruments, documents and agreements entered into in connection with the Agreement.

     7. Each Borrower represents and warrants that the Representations and Warranties contained in
the Agreement are true and correct as of the date of this Amendment, and that no Event of Default
has occurred and is continuing.

     8. This Amendment may be executed in two or more counterparts, each of which shall be deemed
an original, but all of which together shall constitute one instrument.

     9. As a condition to the effectiveness of this Amendment, Bank shall have received, in form
and substance satisfactory to Bank, the following:

               (a) this Amendment, duly executed by Borrowers;

               (b) corporate resolutions to borrow, duly executed by each Borrower;

               (c) an Affirmation of Guaranty, duly executed by Safeguard Scientifics, Inc.;

               (d) corporate resolutions to guaranty, duly executed by Safeguard Scientifics, Inc.;

               (e) an amount equal to all Bank Expenses incurred through the date of this Amendment; and

               (f) such other documents, and completion of such other matters, as Bank may reasonably deem
necessary or appropriate.

     IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above
written.

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	 	 	SAFEGUARD DELAWARE, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Title:
	 	/s/ Christopher J. Davis
 

Vice President
	 	 
	 
	 	 	 	 	 	 
	 	 	SAFEGUARD SCIENTIFICS	 	 
	 	 	(DELAWARE), INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Title:
	 	/s/ Christopher J. Davis
 

Vice President
	 	 
	 
	 	 	 	 	 	 
	 	 	COMERICA BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Title:
	 	/s/ Mark L. Horn
 

Senior Vice President
	 	 

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EXHIBIT B

COMPLIANCE CERTIFICATE

	 	 	TO: COMERICA BANK
	 
	 	 	FROM: SAFEGUARD DELAWARE, INC., SAFEGUARD SCIENTIFICS (DELAWARE), INC.

     The undersigned authorized officer of SAFEGUARD DELAWARE, INC., SAFEGUARD SCIENTIFICS
(DELAWARE), INC. hereby certifies that in accordance with the terms and conditions of the Loan
Agreement between Borrowers and Bank (the Agreement”), (i) each Borrower is in complete compliance
for the period ending                                          with all required covenants except as noted below and
(ii) all representations and warranties of each Borrower state din the Agreement are true and
correct in all material respects as of the date hereof. Attached herewith are the required
documents supporting the above certification. The Officer further certifies that these are
prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently
applied from one period to the next except as explained in an accompanying letter or footnotes.

Please indicate compliance status by circling Yes/No under “Complies” column.

	 	 	 	 	 	 	 
	Reporting Covenant	 	Required	 	 	 	Complies
	Guarantor:
	 	 	 	 	 	 
	10Q

	 	Quarterly within 45 days (excluding fye)
	 	Yes
	 	No
	10K

	 	FYE within 90 days
	 	Yes
	 	No
	 
	 	 	 	 	 	 
	Borrowers:
	 	 	 	 	 	 
	Quarterly consolidating financials

	 	Quarterly within 45 days (excluding fye)
	 	Yes
	 	No
	FYE consolidating financials

	 	FYE within 90 days
	 	Yes
	 	No

	 	 	 	 	 	 	 	 	 
	Financial Covenant	 	Required	 	Actual	 	 	 	Complies
	Minimum unrestricted cash at Bank (continuous)

	 	100% of Outstanding Credit Extensions
	 	$___
	 	Yes
	 	No
	Maximum Private Partner Company impairment

charges

	 	$50,000,000 over term of Agreement
	 	$___
	 	Yes
	 	No

	 	 	 
	Comments Regarding Exceptions: See attached
	 	 
	 
	 	 
	 
	 	 
	 
	 	 
	 
	 	 
	 
	 	 
	Sincerely,
	 	 
	 
	 	 
	 

SIGNATURE

	 	 
	 
	 	 
	 

TITLE

	 	 
	 
	 	 
	 

DATE

	 	 

	 	 	 	 	 	 	 
	BANK USE ONLY	 	 	 	 
	 
	 	 	 	 	 	 
	Received by:
	 	 	 	 	 	 
	
 

	 	 
	 

	 	AUTHORIZED SIGNER	 	 	 	 
	 
	 	 	 	 	 	 
	Date:
	 	 	 	 	 	 
	
 

	 	 
	 
	 	 	 	 	 	 
	Verified:
	 	 	 	 	 	 
	
 

	 	 
	 

	 	AUTHORIZED SIGNER	 	 	 	 
	 
	 	 	 	 	 	 
	Date:
	 	 	 	 	 	 
	
 

	 	 
	Compliance Status

	 	Yes          
	 	No	 	 

4exv10w3

 

Exhibit 10.3

SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

     THIS SECOND AMENDMENT TO REVOLVING CREDIT AND TERM LOAN AGREEMENT (this “Amendment”) dated as
of May 1, 2006, is entered into by and among ATLAS PIPELINE PARTNERS, L.P., a Delaware limited
partnership (“Borrower”); ATLAS PIPELINE NEW YORK, LLC, a Pennsylvania limited liability company
(“APL New York”); ATLAS PIPELINE OHIO, LLC, a Pennsylvania limited liability company (“APL Ohio”);
ATLAS PIPELINE PENNSYLVANIA, LLC, a Pennsylvania limited liability company (“APL Pennsylvania”);
ATLAS PIPELINE OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (“APL Operating”); ATLAS
PIPELINE MID-CONTINENT LLC, a Delaware limited liability company (“APL Mid-Continent”); ELK CITY
OKLAHOMA PIPELINE, L.P., a Texas limited partnership (“Elk City”); ELK CITY OKLAHOMA GP, LLC, a
Delaware limited liability company (“Elk City GP”); ATLAS ARKANSAS PIPELINE LLC, an Oklahoma
limited liability company (“Atlas Arkansas”); MID-CONTINENT ARKANSAS PIPELINE, LLC, an Arkansas
limited liability company (f/k/a Southwestern Energy Pipeline Company) (“AAPL2”); and NOARK
PIPELINE SYSTEM, LIMITED PARTNERSHIP, an Arkansas limited partnership (“NOARK”; NOARK, AAPL2, Atlas
Arkansas, Elk City GP, Elk City, APL Mid-Continent, APL New York, APL Ohio, APL Pennsylvania and
APL Operating are collectively referred to herein as the “Guarantors,” and Borrower and Guarantors
are collectively referred to herein as the “Obligors”); each of the lenders party hereto
(individually, together with its successors and assigns, a “Lender,” and collectively, “Lenders”);
and WACHOVIA BANK, NATIONAL ASSOCIATION, as administrative agent for the Lenders (in such capacity,
together with its successors in such capacity, “Administrative Agent”).

R E C I T A L S

     A. Borrower, certain Guarantors, Administrative Agent and the Lenders have entered into that
certain Revolving Credit and Term Loan Agreement dated as of April 14, 2005, as amended by that
certain First Amendment to Revolving Credit and Term Loan Agreement dated as of October 31, 2005
(as further renewed, extended, amended or restated from time to time, the “Credit Agreement”).

     B. Borrower has entered into that certain Stock Purchase Agreement (the “Stock Purchase
Agreement”) dated of even date herewith, with Southwestern Energy Company (“SWEC”), pursuant to
which Borrower has agreed: (i) to purchase from SWEC all of the issued and outstanding membership
interests of AAPL2 (the “Shares”; the acquisition of the Shares contemplated by the Stock Purchase
Agreement is herein called the “AAPL2 Acquisition”); and (ii) to cause NOARK to sell all of NOARK’s
interest in NOARK Pipeline Finance LLC (“NOARK Finance”) to SWEC (the sale of NOARK’s interest in
NOARK Finance pursuant to the Stock Purchase Agreement is herein called the “NOARK Finance Sale”;
the NOARK Finance Sale and the AAPL2 Acquisition are, together the “Transaction”).

     C. In order to facilitate the Transaction, Borrower and Guarantors have requested that
Administrative Agent and the Lenders amend certain provisions of the Credit Agreement.

     D. Administrative Agent and the Lenders have agreed to amend the Credit Agreement as so
requested, subject to the terms and conditions set forth herein.

     NOW, THEREFORE, in consideration of the foregoing, and intending to be legally bound, the
parties agree as follows:

 

 

     SECTION 1. Terms Defined in Credit Agreement. As used in this Amendment, except as
may otherwise be provided herein, all capitalized terms which are defined in the Credit Agreement
shall have the same meaning herein as therein, all of such terms and their definitions being
incorporated herein by reference.

     SECTION 2. Amendments to Credit Agreement. Subject to the conditions set forth in
Section 3 hereof, the Credit Agreement is hereby amended as follows:

     (a) Section 1.02 of the Credit Agreement (Definitions) is hereby amended as follows:

     (i) The definition of “Consolidated EBITDA” is hereby restated in its entirety to read
as follows:

     “Consolidated EBITDA shall mean, for any trailing twelve-month period, the sum
of (i) Consolidated Net Income for such period, plus (ii) the following expenses or
charges to the extent deducted from Consolidated Net Income in such period:
interest, income taxes, depreciation, depletion, amortization, non-cash compensation
on long-term incentive plans, and other non-cash charges to Consolidated Net Income,
minus (iii) non-cash credits to Consolidated Net Income, provided, that, (a)
Consolidated EBITDA for each quarter of 2005 shall be calculated after giving pro
forma effect to the Elk City Acquisition and the adjustments described on Schedule
1.01 hereto; and (b) Consolidated EBITDA for each of the four fiscal quarters ending
September 30, 2005, December 31, 2005, March 31, 2006, and June 30, 2006, shall be
calculated after giving pro forma effect to the acquisition of NOARK.”

     (ii) The definition of “Consolidated Funded Debt” is hereby amended by deleting clause
(vii) thereof in its entirety, and replacing it with the following:

     “(vii) until March 31, 2006, Consolidated Funded Debt shall be calculated
excluding debt evidenced by the NOARK Notes.”

     (iii) The definition of “Consolidated Interest Expense” is hereby amended by deleting
the word “and” before clause (iii) thereof, and adding the following clause after the word
“quarters” at the end of such clause (iii):

     “; and (iv) until March 31, 2006, Consolidated Interest Expense shall be
calculated excluding debt evidenced by the NOARK Notes.”

     (iv) The definition of “Pipelines” is hereby amended by deleting the phrase “(or in the
case of the NOARK Pipeline, operated)” each time it occurs.

     (b) The following definitions are hereby added to Section 1.02 of the Credit Agreement where
alphabetically appropriate:

     “AAPL2” means Mid-Continent Arkansas Pipeline, LLC, an Arkansas limited
liability company.

     “AAPL2 Acquisition means the acquisition by Borrower of all of Southwestern
Energy Company’s interests in AAPL2 pursuant to a Stock Purchase Agreement dated as
of May 1, 2006.”

2

 

     (c) Section 8.09(a) of the Credit Agreement (Lien on Pipeline Properties) is hereby amended by
replacing the parenthetical at the end of the first sentence thereof with the following
parenthetical:

     “(except with respect to Pipeline Properties of NOARK, unless and until the
Administrative Agent directs that such Pipeline Properties become Mortgaged Properties)”

     (d) 8.15 of the Credit Agreement (NOARK Debt) is hereby deleted in its entirety.

     (e) Section 9.01(i) of the Credit Agreement is hereby amended by deleting the phrase “in an
amount not to exceed Two Hundred Seventy-Five Million Dollars ($275,000,000)”.

     (f) Sections 9.01(k) and 9.01(l) of the Credit Agreement are hereby replaced in their entirety
by the following:

     “(k) Debt of the Borrower not otherwise described under subparagraphs (a) through (j)
above not to exceed Five Hundred Thousand Dollars ($500,000) in the aggregate.”

     (g) Section 9.02(f) of the Credit Agreement is hereby amended by replacing clause (ii) therein
with the following:

     “(ii) the Debt thereby secured is permitted by Section 9.01(k); and”

     (h) Section 9.03(i) of the Credit Agreement is hereby amended replacing the proviso at the end
thereof with the following:

     “provided however, that (I) nothing herein shall require any Unrestricted Entity to
grant a first priority lien in its assets; and (II) such acquisition shall be limited to
Persons primarily involved in the business of, and/or assets primarily involving, natural
gas gathering and processing operations.”

     (i) Section 10.01(b) is hereby amended by deleting clause (iii) thereof.

     (j) Subsections (e), (f), and (g) of Section 10.01 of the Credit Agreement (Events of Default)
are hereby amended by deleting the words “or NOARK” each time such words appear in such
subsections.

     (k) Each of AAPL2 and NOARK is hereby added as a “Guarantor” and an “Obligor” under the Credit
Agreement.

     SECTION 3. Amendment Effective Date. This Amendment shall be binding upon all parties
to the Credit Agreement as of the date (the “Amendment Effective Date”) that Administrative Agent
receives the following:

     (a) sufficient counterparts of this Amendment, executed and delivered to Administrative Agent
by (i) each Obligor, (ii) Administrative Agent, (iii) Issuing Bank, and (iv) Required Lenders;

     (b) (i) from each of NOARK and AAPL2, such certificates of secretary, assistant secretary,
manager, or general partner, as applicable, as the Administrative Agent may require, certifying:
(A) resolutions authorizing the execution and performance of this Amendment and the other Loan
Documents that such Person is executing in connection herewith; (B) the incumbency and signature of
the officer executing such documents; and (C) a copy of such Person’s organizational documents; and
(ii) from

3

 

Borrower, such certificates of secretary, assistant secretary, manager, or general partner, as
applicable, as the Administrative Agent may require, certifying resolutions authorizing the
execution of the Stock Purchase Agreement and the performance of the Transactions;

     (c) from the Borrower, the Stock Purchase Agreement and each other agreement, document and
instrument executed and delivered any Obligor and any counterparty thereto in connection with the
Transaction (collectively, the “Transaction Documents”), together with all schedules and exhibits
to such Transaction Documents (as supplemented or amended prior to the Amendment Effective Date),
certified as true and complete, in form and substance reasonably satisfactory to the Co-Lead
Arrangers;

     (d) a duly completed compliance certificate, dated as of the Amendment Effective Date,
substantially in the form of Exhibit C to the Credit Agreement, demonstrating pro forma compliance
with Sections 9.13, 9.14, and 9.15 of the Credit Agreement as of the end of the fiscal quarter
ending December 31, 2005, after giving effect to the Transaction and after giving effect to any
Indebtedness (including the obligations under the Credit Agreement and the other Loan Documents)
incurred in connection therewith;

     (e) a certificate signed by a Responsible Officer of Borrower, dated as of the Amendment
Effective Date, certifying: (a) that the closing of the Transaction is being consummated on such
date; (b) revised Schedules to the Credit Agreement, as applicable; (c) that after giving effect to
this Amendment and the revised Schedules to the Credit Agreement, both before and after taking into
account the Transaction, the representations and warranties contained in Article VII of the Credit
Agreement and in the Security Instruments are true and correct in all material respects on and as
of such date except to the extent such representations and warranties relate solely to an earlier
date; (d) that after giving effect to this Amendment, both before and after giving effect to the
Transaction, no Default or Event of Default has occurred and is continuing as of such date; (e)
that since December 31, 2004, there has occurred no “Material Adverse Effect” (as such term is
defined in the Stock Purchase Agreement) with respect to the Borrower; and (f) that there are no
actions, suits, investigations or proceedings pending or, to the knowledge of Borrower, threatened
in any court or before any arbitrator or governmental authority by or against Borrower, any
Guarantor, or any of their respective properties, that (i) if adversely determined, could
reasonably be expected to materially and adversely affect Borrower, any Guarantor, or the Mortgaged
Property, taken as a whole, or the Shares, or (ii) seek to affect or pertain to any transaction
contemplated hereby, the Transaction, or the ability of Borrower or any Guarantor to perform its
obligations under the Loan Documents;

     (f) a Pledge, Assignment, and Security Agreement executed by AAPL2 in favor of the
Administrative Agent, for the benefit of the Lenders;

     (g) a Pledge, Assignment, and Security Agreement executed by NOARK in favor of the
Administrative Agent, for the benefit of the Lenders;

     (h) a Guaranty Agreement executed by AAPL2 in favor of the Administrative Agent, for the
benefit of the Lenders;

     (i) a Guaranty Agreement executed by NOARK in favor of the Administrative Agent, for the
benefit of the Lenders;

     (j) an opinion of counsel to the Obligors (including local counsel) acceptable to the Co-Lead
Arrangers, with respect to the existence of the Obligors, due authorization and execution of the
Amendment, the Transaction Documents, and the other Loan Documents executed in connection
therewith, enforceability of the Amendment, the Transaction Documents, and such Loan Documents,
including without limitation the Security Instruments executed by AAPL2 and NOARK, and other

4

 

matters incident to the transactions herein contemplated as the Co-Lead Arrangers may
reasonably request, each in form and substance satisfactory to the Co-Lead Arrangers;

     (k) appropriate UCC search certificates and other evidence satisfactory to the Co-Lead
Arrangers with respect to the Obligors’ Properties reflecting no prior Liens, other than Excepted
Liens;

     (l) a letter from CT Corporation System, Inc., or other agent acceptable to the Administrative
Agent, accepting service of process in the State of New York on behalf of each of AAPL2 and NOARK;

     (m) receipt of all fees and expenses due and payable by the Obligors hereunder; and

     (n) such other agreements, certificates, documents and evidence of authority as Co-Lead
Arrangers, any Lender or counsel to the Co-Lead Arrangers may reasonably request.

     SECTION 4. Representations and Warranties of Obligors. Each of the Obligors
represents and warrants to Administrative Agent, Issuing Bank and Lenders, with full knowledge that
Administrative Agent, Issuing Bank, and Lenders are relying on the following representations and
warranties in executing this Amendment, as follows:

     (a) each Obligor has the organizational power and authority to execute, deliver and perform
this Amendment and such other Loan Documents executed in connection herewith, and all
organizational action on the part of such Person requisite for the due execution, delivery and
performance of this Amendment and such other Loan Documents executed in connection herewith has
been duly and effectively taken;

     (b) the Credit Agreement, as amended by this Amendment, the Loan Documents and each and every
other document executed and delivered in connection with this Amendment to which any Obligor is a
party constitute the legal, valid and binding obligations of each Obligor to the extent it is a
party thereto, enforceable against such Person in accordance with their respective terms;

     (c) this Amendment does not and will not violate any provisions of any of the organizational
documents of any Obligor, or any contract, agreement, instrument or requirement of any Governmental
Authority to which any Obligor is subject. Obligors’ execution of this Amendment will not result
in the creation or imposition of any lien upon any properties of any Obligor, other than those
permitted by the Credit Agreement and this Amendment;

     (d) the execution, delivery and performance of this Amendment by Obligors does not require the
consent or approval of any other Person, including, without limitation, any regulatory authority or
governmental body of the United States of America or any state thereof or any political subdivision
of the United States of America or any state thereof; and

     (e) no Default exists, and all of the representations and warranties contained in the Credit
Agreement and all instruments and documents executed pursuant thereto or contemplated thereby are
true and correct in all material respects on and as of this date, other than those which have been
disclosed to Administrative Agent, Issuing Bank and Lenders in writing.

     SECTION 5. Reference to and Effect on the Agreement.

5

 

     (a) On and after the Amendment Effective Date, 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.

     (b) Except as otherwise expressly provided herein, the Credit Agreement and the other Loan
Documents are not amended, modified or affected by this Amendment. Obligors ratify and confirm
that (a) except as expressly amended hereby, all of the terms, conditions, covenants,
representations, warranties and all other provisions of the Credit Agreement remain in full force
and effect, (b) each of the other Loan Documents are and remain in full force and effect in
accordance with their respective terms, and (c) the collateral under the Security Instruments is
unimpaired by this Amendment.

     SECTION 6. Costs, Expenses and Taxes. Borrower agrees to pay on demand all reasonable
costs and expenses of Administrative Agent in connection with the preparation, reproduction,
execution and delivery of this Amendment, and the other instruments and documents to be delivered
hereunder, including reasonable attorneys’ fees and out-of-pocket expenses of Administrative Agent.
In addition, Borrower shall pay any and all recording and filing fees payable or determined to be
payable in connection with the execution and delivery, filing or recording of this Amendment and
the other instruments and documents to be delivered hereunder, and agrees to save Administrative
Agent harmless from and against any and all liabilities with respect to or resulting from any delay
in paying or omission to pay such taxes or fees.

     SECTION 7. Disclosure of Claims. As additional consideration to the execution,
delivery, and performance of this Amendment by the parties hereto and in order to induce
Administrative Agent, Issuing Bank and Lenders to enter into this Amendment, each Obligor
represents and warrants that it knows of no defenses, counterclaims or rights of setoff to the
payment of any Indebtedness.

     SECTION 8. Affirmation of Guaranty Agreements, Security Interest.

     (a) Each of the undersigned Guarantors hereby consents to and accepts the terms and conditions
of this Amendment, and the transactions contemplated hereby, agrees to be bound by the terms and
conditions hereof, and ratifies and confirms that each Guaranty Agreement and each of the other
Loan Documents to which it is a party is, and shall remain, in full force and effect after giving
effect to this Amendment.

     (b) Obligors hereby confirm and agree that any and all liens, security interests and other
security or collateral now or hereafter held by Administrative Agent for the benefit of Lenders as
security for payment and performance of the Obligations hereby under such Security Instruments to
which such Obligor is a party are renewed and carried forth to secure payment and performance of
all of the Obligations. The Security Instruments are and remain legal, valid and binding
obligations of the parties thereto, enforceable in accordance with their respective terms.

     SECTION 9. Execution and Counterparts. This Amendment may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each of which when so
executed and delivered shall be deemed to be an original and all of which taken together shall
constitute but one and the same instrument. Delivery of an executed counterpart of this Amendment
by facsimile and other Loan Documents shall be equally as effective as delivery of a manually
executed counterpart of this Amendment and such other Loan Documents.

     SECTION 10. Governing Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of New York.

6

 

     SECTION 11. Headings. Section headings in this Amendment are included herein for
convenience and reference only and shall not constitute a part of this Amendment for any other
purpose.

     SECTION 12. NO ORAL AGREEMENTS. THE CREDIT AGREEMENT (AS AMENDED BY THIS AMENDMENT)
AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE
CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

     THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

[The remainder of this page intentionally blank. Signature pages to follow.]

7

 

     In Witness Whereof, the parties have executed this Second Amendment to Credit
Agreement as of the day and year first above written.

	 	 	 	 	 	 	 	 	 
	 	 	BORROWER:	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	ATLAS PIPELINE PARTNERS, L.P.,
a Delaware limited partnership
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
its general partner
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	Michael L. Staines
	 	 	 	 	 	 	President and Chief Operating Officer
	 
	 	 	 	 	 	 	 	 
	 	 	GUARANTORS:	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	ATLAS PIPELINE NEW YORK, LLC,
a Pennsylvania limited liability company
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	President and Chief Operating Officer
	 
	 	 	 	 	 	 	 	 
	 	 	ATLAS PIPELINE OHIO, LLC,
a Pennsylvania limited liability company
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	President and Chief Operating Officer

SIGNATURE PAGE TO

SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 	 	 	 	 
	 	 	ATLAS PIPELINE PENNSYLVANIA, LLC,
a Pennsylvania limited liability company
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	President and Chief Operating Officer
	 
	 	 	 	 	 	 	 	 
	 	 	ATLAS PIPELINE OPERATING PARTNERSHIP, L.P.,
a Delaware limited partnership
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	President and Chief Operating Officer
	 
	 	 	 	 	 	 	 	 
	 	 	ATLAS PIPELINE MID-CONTINENT LLC,
a Delaware limited liability company
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	President and Chief Operating Officer

SIGNATURE PAGE TO

SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	ELK CITY OKLAHOMA PIPELINE, L.P.,
a Texas limited partnership
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Elk City Oklahoma GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Mid-Continent LLC,
a Delaware limited liability company
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	 	 	 	 	President and Chief
	 

	 	 	 	 	 	 	 	 	 	 	 	Operating Officer
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	ELK CITY OKLAHOMA GP, LLC,
a Delaware limited liability company
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Mid-Continent LLC,
a Delaware limited liability company
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Michael L. Staines
	 	 	 	 	 	 	 	 	 	 	President and Chief Operating Officer

SIGNATURE PAGE TO

SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	ATLAS ARKANSAS PIPELINE LLC,
an Oklahoma limited liability company
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Mid-Continent LLC,
a Delaware limited liability company
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	 	 	President and Chief Operating Officer
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	MID-CONTINENT ARKANSAS PIPELINE, LLC,
an Arkansas limited liability company
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Atlas Pipeline Mid-Continent LLC,
a Delaware limited liability company
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Atlas Pipeline Operating Partnership, L.P.,
a Delaware limited partnership
and its sole member
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	By:	 	Atlas Pipeline Partners GP, LLC,
a Delaware limited liability company
and its sole general partner
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	By:	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	Michael L. Staines
	 

	 	 	 	 	 	 	 	 	 	President and Chief Operating Officer

	 	 	 	 	 
	 	 	NOARK PIPELINE, LIMITED PARTNERSHIP,

an Arkansas limited partnership

 	 
	 	 	By:  	 	 
	 	 	 	Thomas B. Williams 	 
	 	 	 	Project Manager 	 
	 

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SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	ADMINISTRATIVE AGENT, ISSUING BANK

AND A LENDER:

WACHOVIA BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	
 	 
	 	 	Name:  	Jay Buckman 	 
	 	 	Title:  	Vice President 	 
	 

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SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	LENDERS:

BANK OF AMERICA, N.A.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	BANK OF OKLAHOMA N.A.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	KEYBANK NATIONAL ASSOCIATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, N.A.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	BNP PARIBAS

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	NEWCOURT CAPITAL USA INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	COMERICA BANK

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	COMPASS BANK

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	CITIBANK TEXAS, N.A.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	FORTIS CAPITAL CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	GUARANTY BANK

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	NATIONAL CITY BANK

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	NATEXIS BANQUES POPULAIRES

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	UFJ BANK LIMITED, NEW YORK BRANCH

 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

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AND TERM LOAN AGREEMENT

 

 

	 	 	 	 	 
	 	WESTLB AG, NEW YORK BRANCH

 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

SIGNATURE PAGE TO

SECOND AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00107-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00107-of-00352.parquet"}]]