Document:

b412864ex10_13

Exhibit 10.13

THIRD AMENDMENT TO REVOLVING CREDIT 

AND TERM LOAN AGREEMENT 

     THIS THIRD AMENDMENT TO REVOLVING CREDIT AND TERM LOAN AGREEMENT (this “Amendment”) dated as of June
29, 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
(“AAPL2”); NOARK PIPELINE SYSTEM, LIMITED PARTNERSHIP, an Arkansas limited partnership (“NOARK”); NOARK Energy Services, L.L.C., an Oklahoma limited liability company (“NOARK Energy”); Ozark Gas Gathering, L.L.C., an Oklahoma
limited liability company (“OGG”); and Ozark Gas Transmission, L.L.C., an Oklahoma limited liability company (“OGT”; OGT, OGG, NOARK Energy, 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, and that certain Second Amendment to Revolving Credit and Term Loan Agreement dated as of May 1, 2006 (as further renewed, extended, amended or
restated from time to time, the “Credit Agreement”). 

B.   Borrower has requested that the Lenders amend the Credit Agreement as set forth herein. 

C.   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: 

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(a)   The definition of “Applicable Margin” in Section 1.02 of the Credit Agreement (Definitions) is hereby amended in its entirety to read as follows:

“Applicable Margin shall mean with respect to Revolver Loans and the Term Loan, the applicable per annum
percentage set forth at the appropriate intersection in the table shown below, based on the
 Leverage Ratio as in effect from time to time:

	Leverage Ratio	Applicable Margin
	 	LIBOR

Loans and

L/C Fees	Base Rate

Loans
	Less than or equal to 3.00 to 1.00
 
   	1.25%	0.25%
	Greater than 3.00 to 1.00,

    but less than or equal to 3.50 to 1.00

 	1.50%	0.50%
	Greater than 3.50 to 1.00,

     but less than or equal 4.00 to 1.00

 	1.75%	0.75%
	Greater than 4.00 to 1.00, but less than or

     equal to 4.50 to 1:00

    	2.00%	1.00%
	Greater than 4.50 to 1.00, but less than or

     equal to 5.25 to 1:00

    	2.25%	1.25%
	Greater than 5.25 to 1.00

 	2.50%	1.50%

Each change in the Applicable Margin resulting from a change in the Leverage Ratio shall take effect on the date of delivery by the Borrower to the Administrative Agent of notice thereof pursuant to Section 8.01(j). However, if the Borrower fails to deliver a compliance certificate when required pursuant to Section 8.01(j), then the Applicable Margin shall be set at the highest level until such date as the Borrower delivers such compliance certificate to the Administrative Agent.” 

(b)   The definition of  “Termination
Date” in Section
1.02 of the Credit Agreement (Definitions) is hereby amended
by replacing each occurrence of the words “April 13, 2010” therein
with the words “June 29, 2011”. 

(c)   The following definition is hereby added to Section 1.02 of the Credit Agreement where alphabetically appropriate: 

“Specified Acquisition Period means, if the Borrower makes a acquisition permitted under Section 9.03(i) hereof after the fiscal quarter ending June 30, 2006 for a purchase price in excess of $30,000,000, the period from the date such acquisition is closed until the earliest
of: (i) the closing of an Equity Offering by the Borrower; (ii) the last day of the third fiscal quarter following the closing date of such acquisition; and (iii) 270 days from the date such acquisition is 

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closed; provided that
another Specified Acquisition Period shall not commence until the current Specified
Acquisition Period shall have terminated and  there shall have been at least
one fiscal quarter when there was no Specified Acquisition Period in effect and
during such fiscal quarter when no Specified Acquisition Period was in effect
the Borrower was in compliance with the Sections
9.14 and 9.15.”

(d)    	Section 2.04(a) of the Credit Agreement (Commitment Fee) is hereby amended in
its entirety to read as follows: 

“(a)   Commitment Fee.  The Borrower shall pay to the Administrative Agent for the account of each Revolver
Lender a commitment fee on the daily average unused amount of the aggregate Revolver Commitments, up to, but excluding, the Termination Date in respect of the Revolver Facility at a rate per annum equal to:  (i) 0.25% during any period in which the
Leverage Ratio is less than or equal to 3.00 to 1.00; (ii) 0.30% during any period in which the Leverage Ratio is greater than 3.00 to 1.00 but less than or equal to 3.50 to 1.00; (iii) 0.375% during any period in which the Leverage Ratio is greater
than 3.50 to 1.00 but less than or equal to 5.25 to 1.00; or (iv) 0.50% during any period in which the Leverage Ratio is greater than 5.25 to 1.00. Accrued commitment fees shall be payable quarterly in arrears on each Quarterly Date and on the
Termination Date in respect of the Revolver Facility. Each change in the commitment fee resulting from a change in the Leverage Ratio shall take effect on the date of delivery by the Borrower to the Administrative Agent of notice thereof pursuant to
Section 8.01(j).  If the Borrower fails to deliver a compliance certificate when required pursuant to Section
8.01(j), then the commitment fee shall equal 0.50% until such date as the Borrower delivers such compliance certificate to the Administrative Agent.” 

(e)   Section 8.13 of the Credit Agreement (Guaranties) is hereby amended by replacing the phrase “at the time of ” each time it
occurs with the phrase “within fifteen (15) days of ” (maintaining capitalized first letters if such phrase appears at the beginning of a sentence). 

(f)   Section 9.14 of the Credit Agreement (Leverage Ratio) is hereby amended in its entirety to read as follows: 

“Section 9.14   Consolidated
Funded Debt to Consolidated EBITDA. The
Borrower will not permit the ratio of its Consolidated Funded Debt to  Consolidated
EBITDA (the “Leverage Ratio”)
as of the end of any fiscal quarter of the Borrower (calculated quarterly based
upon the four most recently completed quarters, and including pro forma adjustments
acceptable to the Administrative Agent following any material acquisition) to
be more than: (i) 5.25 to 1.00 at any time other than during a Specified Acquisition
Period; and (ii) 5.75 to 1.00
during a Specified Acquisition Period.” 

(g) 	Section 9.15 of the Credit Agreement (Senior Secured Leverage Ratio) is hereby amended in its entirety to read as
follows: 

 	“Section 9.15    Consolidated Senior Secured Debt to Consolidated EBITDA.  The Borrower will not permit the ratio of its Consolidated Senior
Secured Debt to Consolidated EBITDA (the “Senior Secured Leverage Ratio”) as of the end of any fiscal quarter of the
Borrower (calculated quarterly based upon the four most recently completed quarters, and including pro forma adjustments acceptable to the Administrative Agent following any material acquisition) to be more than: (i) 4.00 to 1.00 at any time other
than during a Specified Acquisition Period; and (ii) 4.50 to 1.00 during a Specified Acquisition Period.” 

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   (h)   Section 9.19 of the Credit Agreement (Subsidiaries) is hereby amended by replacing the first sentence thereof with the following
sentence:

   
   “The Obligors shall not create or add any additional Subsidiaries
   (other than Unrestricted Entities) that do not become Guarantors hereunder within fifteen
(15) days of such creation or addition.”

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) all
Lenders;

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

   (c)   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.

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SECTION 5.   Reference to and Effect on the Agreement. 

 	(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. 

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

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.] 

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IN WITNESS WHEREOF,
      the parties have executed this Third Amendment to Credit Agreement as of
      the day and year first above written.

	 	ATLAS PIPELINE PARTNERS, LP.
	 	By:	Atlas Pipeline Partners GP, LLC

    its general partner
	 	 	By:	
	 	 	 	Michael Staines

      President and Chief Operating Officer
    
	 	 	 	 
	 	ATLAS PIPELINE FINANCE CORPORATION
	 	 	 	 
	 	By:	
	 	 	Michael Staines

President and Chief Operating Officer
	 	 	 	 
	 	ATLAS PIPELINE OPERATING PARTNERSHIP, L.P.
	 	By:	Atlas Pipeline Partners GP, LLC

    its general partner    

	 	 	 	 
	 	ATLAS PIPELINE NEW YORK, LLC
	 	By:	Atlas Pipeline Operating Partnership,
        L.P., its
sole member
	 	 	By:	Atlas Pipeline Partners GP, LLC, its general
    partner
	 	 	 	 
	 	ATLAS PIPELINE OHIO, LLC
	 	By:	Atlas Pipeline Operating Partnership, L.P.,
        its sole
member
	 	 	By:	Atlas Pipeline Partners GP, LLC, its general
    partner
	 	 	 	 
	 	ATLAS PIPELINE PENNSYLVANIA, LLC
	 	By:	Atlas Pipeline Operating Partnership, L.P.,
        its sole
member
	 	 	By:	Atlas Pipeline Partners GP, LLC, its general
    partner
	 	 	 	 
	 	ATLAS PIPELINE MID-CONTINENT LLC
	 	By:	Atlas Pipeline Operating Partnership, L.P.,
        its sole
member
	 	 	By:	Atlas Pipeline Partners GP, LLC, its general
    partner
	 	 	 	 

SIGNATURE PAGE TO

  THIRD AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

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ELK CITY OKLAHOMA GP, LLC

By: Atlas Pipeline Mid-Continent LLC, its sole member

       By:
Atlas Pipeline Operating Partnership, L.P., its sole member

              By: Atlas Pipeline
Partners GP, LLC, its general partner

ELK CITY OKLAHOMA PIPELINE, L.P.

By: Elk City
Oklahoma GP, LLC its general partner

       By: Atlas Pipeline Mid-Continent LLC, its sole member

              By:
Atlas Pipeline Operating Partnership, L.P., its sole member

                     By: Atlas Pipeline
Partners GP, LLC, its general partner

ATLAS ARKANSAS PIPELINE LLC

       By: Atlas Pipeline Mid-Continent LLC, its sole member

              By:
Atlas Pipeline Operating Partnership, L.P., its sole member

                     By: Atlas Pipeline
Partners GP, LLC, its general partner

MID-CONTINENT ARKANSAS PIPELINE, LLC

       By: Atlas Pipeline Mid-Continent LLC, its sole member

              By: Atlas Pipeline Operating
Partnership, L.P., its sole  member

                     By: Atlas Pipeline Partners GP, LLC, its
general partner

NOARK PIPELINE SYSTEM, LIMITED PARTNERSHIP

       By: Atlas Arkansas Pipeline LLC and Mid-Continent

              Arkansas
Pipeline, LLC, its general partners

              By: Atlas Pipeline Mid-Continent LLC, their
sole member

                     By:
Atlas Pipeline Operating Partnership, L.P.,

                            its sole member

                            By:

Atlas Pipeline Partners GP, LLC, its general partner

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THIRD AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

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OZARK GAS GATHERING, L.L.C.

By: NOARK Pipeline System, Limited Partnership,

       its
sole member

       By: Atlas Arkansas Pipeline LLC and Mid-

              Continent Arkansas Pipeline,
LLC, its

              general partners

              By: Atlas Pipeline Mid-Continent LLC,

                     their sole
    member

                       By:
  Atlas Pipeline Operating

                              Partnership, L.P., its sole

                              member

                              By:
    Atlas Pipeline
  Partners

                                     GP, LLC, its general partner

OZARK GAS TRANSMISSION, L.L.C.

By: NOARK Pipeline System, Limited Partnership,

       its
sole member

       By: Atlas Arkansas Pipeline LLC and Mid-

              Continent Arkansas Pipeline,
LLC,

              its general partners

              By: Atlas Pipeline Mid-Continent LLC,

                     their sole member

                     By:
Atlas Pipeline Operating

                            Partnership, L.P., its sole member

                            By: Atlas Pipeline
Partners

                                   GP, LLC, its general partner

NOARK ENERGY SERVICES, L.L.C.

By: NOARK Pipeline System, Limited Partnership,

       its
sole member

       By: Atlas Arkansas Pipeline LLC and Mid-

              Continent Arkansas Pipeline,
LLC, its

              general partners

              By: Atlas Pipeline Mid-Continent LLC,

                     their sole member

                     By:  Atlas Pipeline Operating

                            Partnership, L.P., its sole

                            member

                            By: Atlas Pipeline
Partners

                                   GP, LLC, its general

                                   partner

	 	By:	
	 	 	Michael Staines

      President and Chief Operating Officer

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THIRD AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

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ADMINISTRATIVE AGENT, ISSUING BANK

AND A LENDER:

WACHOVIA BANK, NATIONAL ASSOCIATION

	 	By:	
	 	 	Jay Buckman

Vice President

  

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THIRD AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

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LENDERS:

BANK OF AMERICA, N.A.

	 	By:	
	 	 	Name: Gregory B. Hanson

Title: Principal

 

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THIRD AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

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BANK OF OKLAHOMA N.A.

  	 	By:	
	 	 	Name: Lindsay D. Sherrer

      Title: Vice President

   

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THIRD AMENDMENT TO REVOLVING CREDIT

AND TERM LOAN AGREEMENT

 

KEYBANK NATIONAL ASSOCIATION

	 	By:	
	 	 	Name: Thomas Rajan

    Title: Senior Vice President

 

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  THIRD AMENDMENT TO REVOLVING CREDIT
  

  AND TERM LOAN AGREEMENT

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WELLS FARGO BANK, N.A.

  	 	By:	
	 	 	Name: Bryan McDavid

      Title: Portfolio Manager

   

   

   

    

  
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AND TERM LOAN AGREEMENT

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BNP PARIBAS

	 	By:	
	 	 	Name: J. Onischuk

      Title: Director
	 	 	 

	 	By:	
	 	 	Name: Greg Smothers

    Title: Vice President

 

 

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  AND TERM LOAN AGREEMENT

 

 
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CIT CAPITAL USA INC. (formerly known as

NEWCOURT CAPITAL USA INC.)

	 	By:	
	 	 	Name: R. C. Wilson III

    Title: Senior Vice President

  

 

 

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  AND TERM LOAN AGREEMENT

 

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COMERICA BANK

  	 	By:	
	 	 	Name: Huma Vadgama

      Title: Vice President

   

   

   

  
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THIRD AMENDMENT TO REVOLVING CREDIT

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COMPASS BANK

  	 	By:	
	 	 	Name: Murray E. Brasseux

      Title: Executive Vice President

   

   

   

  
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CITIBANK TEXAS, N.A.

	 	By:	
	 	 	Name: Dale T. Wilson

    Title: Senior Vice President

 

 

 

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FORTIS CAPITAL CORP.

	 	By:	
	 	 	Name: Casey Lowary

    Title: Senior Vice President

	 	By:	
	 	 	Name: Darrell Holley

    Title: Managing Director

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GUARANTY BANK

	 	By:	
	 	 	Name: Jim R. Hamilton

    Title: Senior Vice President

 

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NATIONAL CITY BANK

	 	By:	
	 	 	Name: Stephen Monto

    Title: Vice President

 

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NATEXIS BANQUES POPULAIRES

	 	By:	
	 	 	Name:

Title:	 Timothy L. Polvado

     Vice President and

    Group Manager
    

	 	By:	
	 	 	Name: Daniel Payer

    Title: Vice President

 

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The Bank of Tokyo-Mitsubishi UFJ, Ltd. formerly

known as UFJ BANK LIMITED, NEW YORK BRANCH

	 	By:	
	 	 	Name: Takeshi Takahashi

    Title: Senior Vice President & Group Head

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WESTLB AG, NEW YORK BRANCH

	 	By:	
	 	 	Name: George Carrick

    Title: Executive Director

	 	By:	
	 	 	Name: James McPartlan

    Title: Managing Director

 

 

SIGNATURE PAGE TO 

  THI1RD AMENDMENT TO REVOLVING CREDIT 

  AND TERM LOAN AGREEMENTSterling
      Bank

    2550
      North Loop West, Suite 800

    Houston,
      Texas 77092

     

    July
      7,
      2006

    

    

    Lothian
      Oil Inc.

    United
      Heritage Corporation

    Lothian
      Oil (USA) Inc.

    Lothian
      Oil Texas I, Inc.

    UHC
      New
      Mexico Corporation

    Attn:
      Mr.
      Scott Wilson

    405
      N.
      Marienfeld, Suite 200

    Midland,
      Texas 79701

    

    
      	 	
              Re:

            	
              Sterling
                Bank/Lothian Oil Inc., et al - Amended and Restated Credit Agreement
                (“Credit
                Agreement”)
                dated June 16, 2006, effective as of March 31,
                2006

            

    

    

    Gentlemen:

    

    Pursuant
      to our conversations and mutual agreement, the following definition under the
      Credit Agreement shall be revised to read as follows:

     

    “Commitment”
shall
      mean the obligation of Lender, subject to applicable provisions of this
      Agreement, to make Loans to or for the benefit of Borrowers pursuant to Section
      2.1 and to issue Letters of Credit pursuant to Section 2.18 in an aggregate
      amount not to exceed the lesser of (i) $20,000,000 and (ii) the Borrowing Base
      then in effect.

     

    Upon
      execution by Borrowers and Lender, this letter will suffice as an amendment
      to
      the referenced Credit Agreement.

     

    

    
      	 	
              Sincerely,

              

              /s/
                Daniel Steele

              

              Daniel
                Steele,

              Senior
                Vice President

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	 	
              
                Acknowledged
                  and agreed to:

                 

                

                UNITED
                  HERITAGE CORPORATION

                 

                By:/s/
                  C. Scott Wilson   

                C.
                  Scott Wilson

                Chief
                  Executive Officer and President

                 

                
LOTHIAN
                  OIL INC.

                 

                By:/s/
                  C. Scott Wilson   

                C.
                  Scott Wilson

                Chief
                  Financial Officer

                

                 

                LOTHIAN
                  OIL (USA) INC.

                 

                By:/s/
                  C. Scott Wilson   

                C.
                  Scott Wilson

                Chief
                  Financial Officer

                

                

                LOTHIAN
                  OIL TEXAS I, INC.

                 

                By:/s/
                  C. Scott Wilson   

                C.
                  Scott Wilson

                Chief
                  Financial Officer

                

                 

                UHC
                  NEW MEXICO CORPORATION

                 

                By:/s/
                  C. Scott Wilson   

                C.
                  Scott Wilson

                Chief
                  Executive Officer and 

                President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}]]