Document:

Exhibit 10.2

                        SETTLEMENT AGREEMENT AND RELEASE
                        --------------------------------

     This  Settlement  Agreement  and  Release  (the  "Settlement Agreement") is
entered  into  this  _11th  day  of  November,  2005,  by  and between Pediatric
Prosthetics  Incorporated,  an  Idaho corporation ("Pediatric Prosthetics"), and
Secured  Releases,  LLC  ("Secured  Releases").

     WHEREAS,  Secured  Releases  owned  an interest in a convertible promissory
note  dated  February  27,  2001,  originally  held  by International Investment
Banking,  Inc.  and  made  by Idaho-Mountain Silver, Inc. (renamed Grant Douglas
Acquisition  Corporation)  and  subsequently renamed Pediatric Prosthetics, Inc.
(the  "Promissory  Note");  and

     WHEREAS, Secured Releases asserts that it entered into an Assignment of the
Promissory  Note  which  was  dated February 26, 2004 ("Assignment of Promissory
Note"),  pursuant  to  which it purportedly assigned a portion of the Promissory
Note;  and

     WHEREAS,  as  part of the Assignment of Promissory Note, to which Pediatric
Prosthetics  was  not  a  party,  it  was stated that upon conversion by Secured
Releases  of the Promissory Note, that Pediatric Prosthetics would issue a total
of  12,054,530  shares  of  common  stock  to  Secured  Releases;  and

     WHEREAS,  Secured Releases proposed to convert $120,545.30 of the principal
amount  of  the  Promissory  Note  which would represent the remaining principal
balance  under  the  Promissory  Note  into 12,054,530 shares of common stock of
Pediatric  Prosthetics  in  May,  2004;  and

     WHEREAS, a dispute arose between Secured Releases and Pediatric Prosthetics
whereby  Pediatric  Prosthetics  disputes that it either owes or is obligated to
convert  the  Promissory  Note into 12,054,530 shares of common stock to Secured
Releases;  and

     WHEREAS, Pediatric Prosthetics only issued 3,000,000 shares of common stock
to Secured Releases and asserts that such issuance represented full and complete
payment  under  the Promissory Note and that Secured Releases is not entitled to
any  further  rights under the Promissory Note or any other rights of conversion
under  the  Promissory  Note;  and

     WHEREAS,  Secured  Releases  asserts  that  it  has  a  claim for 9,054,530
additional  shares  of  common stock of Pediatric Prosthetics in connection with
the  conversion  of the Promissory Note or, alternatively, asserts that it has a
claim  to  an ownership interest in the Promissory Note for failure of Pediatric
Prosthetics  to  convert  the  Promissory  Note  into the conversion shares; and

     WHEREAS,  Pediatric  Prosthetics  disputes Secured Releases' claims for the
issuance  of  any  additional conversion shares or that Secured Releases has any
rights,  title,  interest  or  ownership  in  the  Promissory  Note;  and

     WHEREAS,  after  extended  negotiation,  all  of  the  parties  hereto have
determined  that  it  is  in  their  mutual  best  interest  to  enter into this

<PAGE>

Settlement  Agreement upon the terms and conditions specified herein in complete
and  final  settlement  of  all disputes, issues and claims between the parties.

     NOW,  THEREFORE,  in  consideration  of the mutual covenants and agreements
contained  herein,  including  the recitals set forth hereinabove, and for other
good  and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged,  the  signatory  parties  hereto  agree  to  enter this Settlement
Agreement,  providing  for  the  resolution  of  any and all disputes, claims or
causes  of  action  between  them  on  the  following  terms:

     1.     Provisions  of  Settlement.
            --------------------------

     (a)     Pediatric  Prosthetics  shall pay to Secured Releases the amount of
$30,000.00,  to  be  paid  upon  execution  of  this  Settlement  Agreement.

     (b)     Secured  Releases hereby relinquishes all claims, rights, titles or
interests  whatsoever  in  or  to the Promissory Note or for the issuance of any
additional  shares  of  common stock of Pediatric Prosthetics, including but not
limited  to  rights  to  any  monies  other than as set out specifically in this
Settlement  Agreement.

     2.     Release  by Pediatric Prosthetics. Pediatric Prosthetics does hereby
            ---------------------------------
for  itself,  its  officers,  directors,  shareholders,  agents,  employees,
representatives, affiliates, subsidiaries, predecessors, successors and assigns,
or  any  of  them,  fully  and  forever  release and discharge Secured Releases,
including  its members, officers, directors, agents, employees, representatives,
affiliates,  subsidiaries, predecessors, successors and assigns, or any of them,
of  and  from  any  and  all  cause or causes of action, suits, claims, demands,
obligations,  liabilities,  damages,  liens,  contracts,  agreements,  promises,
losses,  costs or expenses, of any nature whatsoever, known or unknown, fixed or
contingent,  whether at law or in equity, from the beginning of time to the date
of  execution  of  this Settlement Agreement, including but not limited to those
matters  that have been alleged or could have been alleged regarding or relating
to the Promissory Note, Assignment of Promissory Note, any claims for conversion
of  the  Promissory Note into shares of common stock of Pediatric Prosthetics or
any  claims for shares of common stock of Pediatric Prosthetics or any dealings,
negotiations  or  transactions  by and between Pediatric Prosthetics and Secured
Releases  ("Claims").

     3.     Release  by  Secured  Releases.  Secured  Releases  does  hereby for
            ------------------------------
itself,  its  members,  officers, directors, agents, employees, representatives,
affiliates,  subsidiaries, predecessors, successors and assigns, or any of them,
fully  and  forever  release  and discharge Pediatric Prosthetics, including its
shareholders,  officers,  directors,  agents,  employees,  representatives,
affiliates,  subsidiaries, predecessors, successors and assigns, and all persons
acting by, through, under or in concert with it, or any of them, of and from any
and  all  cause  or  causes  of  action,  suits,  claims,  demands, obligations,
liabilities,  damages,  liens, contracts, agreements, promises, losses, costs or
expenses,  of  any  nature  whatsoever,  known  or unknown, fixed or contingent,
whether at law or in equity, from the beginning of time to the date of execution
of  this  Settlement  Agreement, including but not limited to those matters that
have  been  alleged  or  could  have  been  alleged regarding or relating to the
Promissory Note, Assignment of Promissory Note, any claims for conversion of the
Promissory  Note  into  shares  of  common stock of Pediatric Prosthetics or any

<PAGE>

claims  for  shares  of  common  stock of Pediatric Prosthetics or any dealings,
negotiations  or  transactions  by  and  between  Secured Releases and Pediatric
Prosthetics  ("Claims").

     4.     No  Admission  of  Liability.  Each  of  the  parties  expressly
            ----------------------------
understands  and  agrees  that  this  Settlement  Agreement  is a compromise and
settlement  of  doubtful and disputed Claims and that it is not, nor is it to be
construed as an admission of liability on the part of either party.  All parties
expressly  deny  liability  and  intend merely to avoid potential litigation and
further  expense  with  respect  to  the  Claims  released  herein.  All parties
expressly  understand  and  agree  that  this Settlement Agreement is a full and
final  general  release  of  all matters whatsoever regarding or relating to the
Claims.

     5.     Representations  and  Warranties  of  Parties.  Each  of the parties
            ---------------------------------------------
hereto  represents  and  warrants  to the other that (i) such party has the full
right,  power  and  authority  to enter into and this Settlement Agreement; (ii)
when fully executed and performed by all parties, this Settlement Agreement will
constitute  the binding obligation of such party, fully enforceable against such
party  in  accordance with its terms; (iii) such party has the full right, power
and  authority to settle this dispute; and (iv) such party expressly understands
and agrees that it will take no action, including, but not limited to, an appeal
or  institution of a separate lawsuit, which seeks to challenge any provision of
this  Settlement Agreement, any documents provided for herein, or the settlement
of  the  Claims  referenced  herein.

     6.     Notices.  All  communications  required  or  permitted  under  this
            -------
Agreement  shall be in writing and any communication or delivery hereunder shall
be  deemed  to have been duly given the first business day following the date of
actual receipt if delivered or sent by electronic fax, or the date of receipt if
sent  by  nationally  recognized overnight courier, or on the third business day
after  mailing  if  mailed  by  registered  or  certified mail, postage prepaid,
addressed  to  the  party  being notified as set forth below.  Any party may, by
written  notice  so delivered to the other, change the address to which delivery
shall  thereafter  be  made.  Notices to the parties hereto shall be made at the
addresses  set  forth  below:

     (a)  If  to  Pediatric  Prosthetics  to:

          Pediatric  Prosthetics  Incorporated
          Attn:  Kenneth  Bean
          12926  Willowchase  Drive
          Houston,  TX  77070

          With  a  copy  to:

          Robert  D.  Axelrod
          Axelrod,  Smith  &  Kirshbaum
          5300  Memorial  Drive,  Ste.  700
          Houston,  Texas  77007
          713  552  0202  -  FAX

<PAGE>

     (b)  If  to  Secured  Releases,  to:

          Secured  Releases,  LLC
          619  White  Wing  Lane
          Houston  Texas,  77079
          281-920-5636  FAX

          With  a  copy  to:

          J.  Randle  Henderson
          Attorney  at  Law
          1500  City  West  Blvd.,  Ste.  500
          Houston,  Texas  77042
          713  780  3628-  FAX

     7.     Binding  Effect.  This  Settlement  Agreement  will be binding upon,
            ---------------
inure  to  the benefit of and be enforceable by the parties and their respective
representatives,  successors  affiliates,  assigns  and  heirs.

     8.     Counterparts.  Each  of the parties expressly understands and agrees
            ------------
that  this  Settlement  Agreement may be executed in any number of counterparts,
all  of  which  taken together shall constitute one and the same instrument and,
further,  that  this  Settlement Agreement shall be effective against each party
hereto,  as  of  the  date  of  execution by such party of a counterpart hereof,
despite  the  fact all other parties may not have executed the same counterpart.

     9.     Facsimile  Signatures.  Each  party  agrees  to accept the facsimile
            ---------------------
signature  of  the other parties to this Settlement Agreement as evidence of the
execution  and  delivery of this Settlement Agreement.  Such facsimile signature
will  be deemed to be binding upon the parties sending such facsimile signature.
Any  party which sends a facsimile signature agrees to deliver a manually signed
original  counterpart  of  this Settlement Agreement to all other parties within
five  (5)  business  days.  To  the  extent  that any party fails to deliver the
originally  executed  document to the other parties, such non-delivery shall not
invalidate  the  validity  and  effect  of  this  Settlement  Agreement.

     10.     Section  Headings.  The  section  headings  contained  in  this
             -----------------
Settlement  Agreement are for convenient reference only and shall not in any way
affect  the  meaning  or  interpretation  of  this  Settlement  Agreement.

     11.     Entire Agreement.  This Settlement Agreement constitutes the entire
             ----------------
agreement  among  the parties hereto pertaining to the subject matter hereof and
supersede  all  prior  agreements, understandings, negotiations and discussions,
whether oral or written, of the parties pertaining to the subject matter hereof,
and  there  are  no  warranties,  representations  or other agreements among the
parties  in connection with the subject matter hereof except as specifically set
forth  herein  or  in  documents  delivered  pursuant  hereto.  No  supplement,
amendment,  alteration,  modification,  waiver or termination of this Settlement
Agreement  shall  be  binding  unless executed in writing by the parties hereto.

<PAGE>

Each  of  the  parties  expressly  acknowledges that no promises, inducements or
agreements  not  herein  expressed  have been made to them and that the terms of
this  Settlement  Agreement  are  contractual  and  not  merely  a  recital.

     12.     Validity.  The  invalidity  or unenforceability of any provision of
             --------
this Settlement Agreement shall not affect the validity or enforceability of any
other  provisions of this Settlement Agreement, which shall remain in full force
and  effect.

     13.     Survival.  The  respective  representations,  warranties, covenants
             --------
and  agreements  set  forth  in  this  Settlement  Agreement  shall  survive the
execution  hereof  for  the  maximum  period  allowed  by  law.

     14.     Expenses.  All  expenses  incurred  by  the  parties  hereto  in
             --------
connection  with  or  related to the authorization, preparation and execution of
this  Settlement  Agreement  or  the  transactions contemplated hereby, shall be
borne  solely and entirely by the party which has incurred the same. Each of the
parties  expressly  understands  and  agrees  that  in the event it shall become
necessary  for  any  party hereto to seek enforcement hereof, or in the event of
any  dispute  arising hereunder, the costs and expenses of the prevailing party,
including  attorney's  fees,  shall  be  paid  by  the  non-prevailing  party.

     15.     Choice  of  Law  and  Venue.     Each  of  the  parties  expressly
             ---------------------------
understands  and  agrees that the validity, enforceability and interpretation of
this  Settlement  Agreement shall be governed in all respects in accordance with
the  procedural  and substantive laws of the State of Texas, notwithstanding any
choice  of  law,  principle  or  rule  to  the contrary and that the appropriate
federal  and  state  courts  in  Harris  County,  Texas  shall  have  exclusive
jurisdiction  and  venue  concerning  this Settlement Agreement and shall be the
proper  forums  for  adjudication  of  these  matters.

          REST  OF  PAGE  INTENTIONALLY  LEFT  BLANK

<PAGE>

     16.     Voluntary  Nature  of  Agreement.  Each  of  the  parties expressly
             --------------------------------
acknowledges  that each of them respectively has read this Settlement Agreement;
that the terms of this Settlement Agreement, the significance and effect of this
Settlement  Agreement,  and  the  significance  and effect of the settlement and
compromise  of  the Claims referenced herein have been explained respectively to
each  of  them by their respective attorneys' and that each of them respectively
understands  the  same,  enters into same voluntarily and with full knowledge of
the  effect  thereof, and believes the release, settlement and compromise of the
Claims  upon  the terms and conditions set forth in this Settlement Agreement to
be  in  each  party's  respective  best  interest.

     IN  WITNESS  WHEREOF,  the  parties  hereto  have  executed  or caused this
Settlement  Agreement  to  be  executed  as  of  the  date  set  forth  above.

                              PEDIATRIC  PROSTHETICS  INCORPORATED

                              By: /s/ Kenneth W. Bean
                                 ---------------------------------

                              SECURED  RELEASES,  LLC

                              By:
                                 ---------------------------------

<PAGE>Exhibit 10.1

     

    EXHIBIT
      10.1                                                                                                                                                                                     Published
      CUSIP Number: 09662PAA2

    

    $400,000,000

    

    AMENDED
      AND RESTATED REVOLVING CREDIT
      AGREEMENT

    

    Dated
      as of June 29, 2006

    

    among

    

    BOARDWALK
      PIPELINES, LP,

    TEXAS
      GAS TRANSMISSION, LLC

    and

    GULF
      SOUTH PIPELINE COMPANY, LP,

    as
      Borrowers

    

    BOARDWALK
      PIPELINE PARTNERS, LP,

    

    The
      Several Lenders and Issuers from time to time party
      hereto,

    

    WACHOVIA
      BANK, NATIONAL ASSOCIATION,

    as
      Administrative Agent

    

    CITIBANK,
      N.A., 

    as
      Syndication Agent

    

    and

    

    JPMORGAN
      CHASE BANK, N.A.,

    DEUTSCHE
      BANK SECURITIES INC.,

    and

    UNION
      BANK OF CALIFORNIA,
      N.A.,

    as
      Co-Documentation Agents

    

    *
      * * 

    WACHOVIA
      CAPITAL MARKETS LLC

    

    and

    

    CITIGROUP
      GLOBAL MARKETS INC.,

    as
      Joint Lead Arrangers and Joint Book Managers

     

    

      
        

      

    

     

    

    Weil,
      Gotshal & Manges LLP

    767
      Fifth Avenue

    New
      York, New York 10153-0119

     

     

    AMENDED
      AND RESTATED REVOLVING CREDIT AGREEMENT, dated as of June 29, 2006, among
BOARDWALK
      PIPELINES, LP,
      a
      Delaware limited partnership (the “Parent
      Borrower”),
      TEXAS
      GAS TRANSMISSION, LLC, a Delaware limited liability company (“Texas
      Gas”),
      and
      GULF SOUTH PIPELINE COMPANY, LP, a Delaware limited partnership (“Gulf
      South”
and,
      together with the Parent Borrower and Texas Gas, the “Borrowers”),
      severally as Borrowers, BOARDWALK
      PIPELINE PARTNERS, LP,
      a
      Delaware limited partnership (the “MLP”),
      the
      several banks and other financial institutions or entities from time to time
      party to this Agreement as lenders (the “Lenders”),
      the
      Issuers from time to time party to this Agreement, WACHOVIA BANK, NATIONAL
      ASSOCIATION, as administrative agent for the Lenders and the Issuers (in such
      capacity, the “Administrative
      Agent”),
      CITIBANK, N.A., as syndication agent (in such capacity, the “Syndication
      Agent”),
      JPMORGAN
      CHASE BANK, N.A.,
      DEUTSCHE
      BANK SECURITIES INC.
      and
UNION
      BANK OF CALIFORNIA, N.A.,
      as
      co-documentation agents (in such capacity, the “Co-Documentation
      Agents”),
      and
      WACHOVIA CAPITAL MARKETS LLC and CITIGROUP GLOBAL MARKETS INC., as joint lead
      arrangers and joint book managers (each an “Arranger”
and
      collectively, the “Arrangers”).

     

    W I T N E S S E T H:

     

    WHEREAS,
      the Parent Borrower, the MLP, the lenders and issuers party thereto, Citibank,
      N.A., as the administrative agent (in such capacity, the “Existing
      Administrative Agent”),
      Wachovia (as defined below), as syndication agent, and certain other parties
      thereto entered into the Revolving Credit Agreement, dated as of November 15,
      2005 (as amended, supplemented or otherwise modified from time to time prior
      to
      the date hereof, the “Existing
      Credit Agreement”);

     

    WHEREAS,
      the Parent Borrower has requested that the Lenders and the other parties hereto
      amend and restate the Existing Credit Agreement in its entirety to, among other
      things, increase the revolving credit commitments to $400,000,000 and add Texas
      Gas and Gulf South as additional borrowers;

     

    WHEREAS,
      in connection with the amendment and restatement of the Existing Credit
      Agreement, Wachovia has agreed to serve as the administrative agent for the
      Lenders and the Issuers; and

     

    WHEREAS,
      the Lenders and the other parties hereto are willing to amend and restate the
      Existing Credit Agreement upon and subject to the terms and conditions
      hereinafter set forth.

     

    NOW,
      THEREFORE, in consideration of the premises and the agreements hereinafter
      set
      forth, the parties hereto hereby agree to amend and restate the Existing Credit
      Agreement in its entirety as follows:

     

    SECTION
      1.  
      DEFINITIONS

     

    1.1  Defined
      Terms.
      As used
      in this Agreement, the terms listed in this Section
      1.1
      shall
      have the respective meanings set forth in this Section
      1.1.

     

    “Administrative
      Agent”:
      as
      defined in the preamble hereto.

     

    “Affected
      Lender”:
      as
      defined in Section
      2.16(a).

     

    “Affiliate”:
      as to
      any Person, any other Person that, directly or indirectly, is in control of,
      is
      controlled by, or is under common control with, such Person. For purposes of
      this definition, “control” of a Person means the power, directly or indirectly,
      either to (a) vote 25% or more of the securities having ordinary voting power
      for the election of directors (or persons performing similar functions) of
      such
      Person or (b) direct or cause the direction of the management and policies
      of
      such Person, whether by contract or otherwise.

     

    
       

    

    “Agent
      Affiliate”:
      as
      defined in Section
      9.3(c) (Posting
      of Approved Electronic Communications).

     

    “Agents”:
      the
      collective reference to the Administrative Agent, the Syndication Agent and
      the
      Co-Documentation Agents.

     

    “Agreement”:
      this
      Amended and Restated Revolving Credit Agreement, as amended, supplemented or
      otherwise modified from time to time.

     

    “Applicable
      Facility Fee Rate”:
      at any
      date of determination, with respect to each Borrower, the rate per annum
      corresponding to such Borrower’s Credit Rating on such date, as set forth
      below:

     

    
      	
               

              Level

               

            	
               

              Credit
                Rating

               

            	
               

              Applicable
                Facility Fee Rate

               

            
	
               

              1

               

            	
               

              at
                least A- by S&P or A3 by Moody’s

               

            	
               

              0.05%

               

            
	
               

              2

               

            	
               

              less
                than Level 1 but at least BBB+ by S&P or Baa1 by Moody’s

               

            	
               

              0.07%

               

            
	
               

              3

               

            	
               

              less
                than Level 2 but at least BBB by S&P or Baa2 by Moody’s

               

            	
               

              0.09%

               

            
	
               

              4

               

            	
               

              less
                than Level 3 but at least BBB- by S&P or Baa3 by Moody’s

               

            	
               

              0.11%

               

            
	
               

              5

               

            	
               

              less
                than Level 4 or unrated by both S&P and Moody’s

               

            	
               

              0.125%

               

            

    

    

    provided,
      however,
      that if
      at any time there is a split Credit Rating, then the Applicable Facility Fee
      Rate at such time will be determined by the higher of the two Credit Ratings,
      except that in the event that the lower of such Credit Ratings is more than
      one
      Level below the higher of such Credit Ratings, the Applicable Facility Fee
      Rate
      will be determined based on the Level that is one Level lower than the higher
      of
      such ratings; provided,
      further,
      that if
      such Borrower is unrated by one of S&P or Moody’s (other than by reason of
      the circumstances referred to in the definition of “Credit Rating”), then the
      Applicable Facility Fee Rate shall be based on the Credit Rating established
      by
      the other rating agency.

     

    “Applicable
      Lending Office”:
      with
      respect to each Lender, its Domestic Lending Office in the case of a Base Rate
      Loan, and its Eurodollar Lending Office in the case of a Eurodollar Rate
      Loan.

     

    
       

    

    “Applicable
      Margin”:
      at any
      date of determination, with respect to each Borrower and each Type of Loan,
      the
      rate per annum corresponding to such Borrower’s Credit Rating on such date, as
      set forth below:

     

    
      	
               

              Level

               

            	
               

              Credit
                Rating

               

            	
               

              Eurodollar
                Rate and LIBOR Market Index Rate Margin

               

            	
               

              Base
                Rate Margin

               

            	
               

              Term
                Out Premium

               

            
	
               

              1

               

            	
               

              at
                least A- by S&P or A3 by Moody’s

               

            	
               

              0.20%

               

            	
               

              0.0%

               

            	
               

              0.25%

               

            
	
               

              2

               

            	
               

              less
                than Level 1 but at least BBB+ by S&P or Baa1 by Moody’s

               

            	
               

              0.23%

               

            	
               

              0.0%

               

            	
               

              0.25%

               

            
	
               

              3

               

            	
               

              less
                than Level 2 but at least BBB by S&P or Baa2 by Moody’s

               

            	
               

              0.31%

               

            	
               

              0.0%

               

            	
               

              0.25%

               

            
	
               

              4

               

            	
               

              less
                than Level 3 but at least BBB- by S&P or Baa3 by Moody’s

               

            	
               

              0.44%

               

            	
               

              0.0%

               

            	
               

              0.25%

               

            
	
               

              5

               

            	
               

              less
                than Level 4 or unrated by both S&P and Moody’s

               

            	
               

              0.575%

               

            	
               

              0.0%

               

            	
               

              0.25%

               

            

    

    

    provided,
      however,
      that if
      at any time there is a split Credit Rating, then the Applicable Margin at such
      time will be determined by the higher of the two Credit Ratings, except that
      in
      the event that the lower of such Credit Ratings is more than one Level below
      the
      higher of such Credit Ratings, the Applicable Margin will be determined based
      on
      the Level that is one Level lower than the higher of such ratings; provided,
      further,
      that if
      such Borrower is unrated by one of S&P or Moody’s (other than by reason of
      the circumstances referred to in the definition of “Credit Rating”), then the
      Applicable Margin shall be based on the Credit Rating established by the other
      rating agency. In the event that the Revolving Loans are converted to Term
      Loans
      pursuant to Section 2.18 hereof, the Applicable Margin with respect to Base
      Rate
      Loans and Eurodollar Rate Loans shall automatically increase by the Term Out
      Premium set forth above.

     

    “Applicable
      Percentage”:
      with
      respect to any Borrower, the percentage obtained by dividing (a) the Revolving
      Credit Sublimit of such Borrower by (b) the aggregate Revolving Credit
      Commitments (or, at any time after the Revolving Credit Termination Date, the
      percentage obtained by dividing the aggregate outstanding principal balance
      of
      the Revolving Credit Outstandings owing by such Borrower by the aggregate
      outstanding principal balance of the Revolving Credit Outstandings owing by
      all
      Borrowers).

     

    “Approved
      Electronic Communications”:
      each
      notice, demand, communication, information, document and other material that
      any
      Loan Party is obligated to, or otherwise chooses to, provide to the
      Administrative Agent pursuant to any Loan Document or the transactions
      contemplated therein, including (a) any written Contractual Obligation delivered
      or required to be delivered in respect of any Loan Document or the transactions
      contemplated therein and (b) any financial statement, financial and other
      report, notice, request, certificate and other information material;
provided,
      however,
      that,
“Approved
      Electronic Communication”
shall
      exclude (i) any Notice of Borrowing, Letter of Credit Request, Swingline Loan
      Request, Notice of Conversion or Continuation, and any other notice, demand,
      communication, information, document and other material relating to a request
      for a new, or a conversion of an existing, Borrowing, (ii) any notice pursuant
      to Section
      2.7 (Optional Prepayments)
      and any
      other notice relating to the payment of any principal or other amount due under
      any Loan Document prior to the scheduled date therefor, (iii) all notices of
      any
      Default or Event of Default and (iv) any notice, demand, communication,
      information, document and other material required to be delivered to satisfy
      any
      of the conditions set forth in Section
      4 (Conditions Precedent)
      or
Section
      2.3(a) (Letters of Credit) or
      any
      other condition to any Borrowing or other extension of credit hereunder or
      any
      other condition precedent to the effectiveness of this Agreement.

     

    “Approved
      Electronic Platform”:
      as
      defined in Section
      9.3 (Posting of Approved Electronic Communications).

     

    “Approved
      Fund”:
      any
      Fund that is advised or managed by (a) a Lender, (b) an Affiliate of a Lender
      or
      (c) an entity or Affiliate of an entity that administers or manages a
      Lender.

     

    “Arrangers”:
      as
      defined in the preamble hereto.

     

    “Assignment
      and Acceptance”:
      any
      assignment and acceptance entered into by a Lender and an Eligible Assignee,
      and
      accepted by the Administrative Agent, in substantially the form of Exhibit
      D (Form of Assignment and Acceptance).

     

    “Available
      Cash”:
      with
      respect to any Fiscal Quarter of the Parent Borrower ending prior to the
      Liquidation Date (as defined in the MLP Partnership Agreement as in effect
      on
      the date hereof): (a) the sum of (i) all cash and cash equivalents of the Parent
      Borrower and its Subsidiaries on hand at the end of such Fiscal Quarter, and
      (ii) all additional cash and cash equivalents of the Parent Borrower and its
      Subsidiaries on hand on the date of determination of Available Cash with respect
      to such Fiscal Quarter resulting from borrowings used solely for working capital
      purposes or to pay distributions to the MLP made pursuant to a credit facility,
      commercial paper facility or similar financing or other arrangement;
provided,
      that
      when incurred it is the intent of the Parent Borrower or such Subsidiary, as
      applicable, to repay such borrowings within 12 months from other than additional
      borrowings under such facility, less (b) the amount of any cash reserves
      established by the Parent Borrower to (i) provide for the proper conduct of
      the
      business of the Parent Borrower and its Subsidiaries (including reserves for
      future capital expenditures, for anticipated future credit needs of the Parent
      Borrower and its Subsidiaries and for refunds of collected rates reasonably
      likely to be refunded as a result of a settlement or hearing relating to FERC
      rate proceedings) subsequent to such Fiscal Quarter, (ii) comply with applicable
      law or any loan agreement, security agreement, mortgage, debt instrument or
      other agreement or obligation to which the Parent Borrower or any of its
      Subsidiaries is a party or by which it is bound or its assets are subject or
      (iii) provide funds for distributions under Section 6.4 or 6.5 of the MLP
      Partnership Agreement as in effect on the date hereof in respect of any one
      or
      more of the next four Fiscal Quarters; provided,
      however,
      that
      disbursements made by the Parent Borrower and its Subsidiaries or cash reserves
      established, increased or reduced after the end of such Fiscal Quarter but
      on or
      before the date of determination of Available Cash with respect to such Fiscal
      Quarter shall be deemed to have been made, established, increased or reduced,
      for purposes of determining Available Cash, within such Fiscal Quarter if the
      Parent Borrower so determines. Notwithstanding the foregoing, “Available Cash”
with respect to the Fiscal Quarter in which the Liquidation Date occurs and
      any
      subsequent Fiscal Quarter shall equal zero. 

     

    “Available
      Credit”:
      at any
      time, (a) the then effective Revolving Credit Commitments minus
      (b) the
      aggregate Revolving Credit Outstandings at such time. 

     

    “Base
      Rate”:
      for
      any period, a fluctuating interest rate per annum as shall be in effect from
      time to time, which rate per annum shall be equal at all times to the higher
      of
      the following: (a) the rate of interest announced publicly by Wachovia at its
      principal office in Charlotte, North Carolina, from time to time, as Wachovia’s
      prime rate; and (b) 0.5% per annum plus the Federal Funds Rate. 

     

    “Base
      Rate Loans”:
      Loans
      for which the applicable rate of interest is based upon the Base
      Rate.

     

    “BGL”:
      Boardwalk GP, LLC, a Delaware limited liability company.

     

    “Board
      of Directors”:
      with
      respect to any Person, either the Board of Directors (or equivalent governing
      body) of such Person or any committee of such Board duly authorized to act
      on
      its behalf.

     

    “Borrowers”:
      as
      defined in the preamble hereto.

     

    “Borrower
      Affiliate”:
      each
      of the MLP, the General Partner, the BGL, each Subsidiary of the MLP and each
      Subsidiary of the Parent Borrower.

     

    “Borrowing”:
      a
      borrowing consisting of Revolving Loans made on the same day by the Lenders
      ratably according to their respective Revolving Credit Commitments.

     

    “Business
      Day”:
      (a)
      for all purposes other than as covered by clause
      (b)
      below, a
      day other than a Saturday, Sunday or other day on which commercial banks in
      New
      York City are authorized or required by law to close and (b) with respect to
      all
      notices and determinations in connection with, and payments of principal and
      interest on, Eurodollar Rate Loans, any day which is a Business Day described
      in
clause
      (a)
      and
      which is also a day for trading by and between banks in Dollar deposits in
      the
      interbank eurodollar market.

     

    “Capital
      Lease”:
      with
      respect to any Person, any lease of, or other arrangement conveying the right
      to
      use, property by such Person as lessee that would be accounted for as a capital
      lease on a balance sheet of such Person prepared in conformity with
      GAAP.

     

    “Capital
      Lease Obligations”:
      with
      respect to any Person, the obligations of such Person to pay rent or other
      amounts under any lease of (or other arrangement conveying the right to use)
      real or personal property, or a combination thereof, which obligations are
      required to be classified and accounted for as capital leases on a balance
      sheet
      of such Person under GAAP; and, for the purposes of this Agreement, the amount
      of such obligations at any time shall be the capitalized amount thereof at
      such
      time determined in accordance with GAAP.

     

    “Capital
      Stock”:
      any
      and all shares, interests, participations or other equivalents (however
      designated) of capital stock of a corporation, any and all equivalent ownership
      interests in a Person (other than a corporation) and any and all warrants,
      rights or options to purchase any of the foregoing.

     

    “Cash
      Collateral Account”:
      any
      deposit account or securities account that is (a) established by the
      Administrative Agent from time to time in its sole discretion to receive cash
      and cash equivalents (or purchase cash or cash equivalents with funds received)
      from the Loan Parties or Persons acting on their behalf pursuant to the Loan
      Documents, (b) with such depositaries and securities intermediaries as the
      Administrative Agent may determine in its sole discretion, (c) in the name
      of
      the Administrative Agent (although such account may also have words referring
      to
      the Borrower and the account’s purpose), (d) under the control of the
      Administrative Agent and (e) in the case of a securities account, with respect
      to which the Administrative Agent shall be the entitlement holder (as defined
      in
      the UCC) and the only Person authorized to give entitlement orders (as defined
      in the UCC) with respect thereto.

     

    “Change
      of Control”:
      the
      occurrence of any of the following events:

     

    (a) prior
      to
      a Public Offering, (i) any Person (or syndicate or group of Persons which are
      deemed a “person”
for
      the
      purposes of Section 13(d) and Section 14(d)(2) of the Securities
      Exchange Act of 1934, as amended), other than the Permitted Investor, acquires
      more than 30% of the outstanding Voting Stock of the General Partner, or (ii)
      the Permitted Investor shall cease to own and control, of record and
      beneficially, directly or indirectly, 50% or more of the outstanding Voting
      Stock of the General Partner;

     

    (b) upon
      and
      following a Public Offering, the Permitted Investor shall cease to own and
      control, of record and beneficially, directly or indirectly, 50% or more of
      the
      outstanding Voting Stock of the General Partner;

     

    (c) during
      any period of twelve successive months a majority of the Persons who were
      directors of the General Partner at the beginning of such period or who were
      nominated for election by a majority of the persons who were directors of the
      General Partner at the beginning of such period cease (other than as a result
      of
      death or disability) to be directors of the General Partner;

     

    (d) the
      Permitted Investor shall cease to own and control, of record and beneficially,
      directly or indirectly, 100% of the Capital Stock of the BGL;

     

    (e) the
      BGL
      ceases to be the sole general partner of the General Partner;

     

    (f) the
      General Partner ceases to be the sole general partner of the MLP; or

     

    (g) the
      MLP
      shall cease to own and control, of record and beneficially, directly or
      indirectly, free of all Liens, 100% of the Capital Stock of the Parent Borrower,
      Texas Gas or Gulf South.

     

    “Code”:
      the
      United States Internal Revenue Code of 1986, as amended from time to
      time.

     

    “Co-Documentation
      Agents”:
      as
      defined in the preamble hereto. 

     

    “Commonly
      Controlled Entity”:
      an
      entity, whether or not incorporated, that is under common control with the
      Parent Borrower within the meaning of Section 4001 of ERISA or is part of a
      group that includes the Parent Borrower and that is treated as a single employer
      under Section 414 of the Code.

     

    “Consenting
      Lenders”:
      as
      defined in Section 2.17(c).

     

    “Consolidated
      Assets”:
      at the
      date of any determination thereof, the total assets of the Parent Borrower
      and
      its Subsidiaries as set forth on a consolidated balance sheet of the Parent
      Borrower and its Subsidiaries for their most recently completed Fiscal Quarter,
      prepared in accordance with GAAP.

     

    “Consolidated
      EBITDA”:
      of any
      Person for any period, Consolidated Net Income of such Person and its
      Subsidiaries for such period plus, without duplication and to the extent
      reflected as a charge in the statement of such Consolidated Net Income for
      such
      period, the sum of (a) income tax expense, (b) consolidated interest expense,
      amortization or write-off of debt discount and debt issuance costs and
      commissions, discounts and other fees and charges associated with Indebtedness,
      (c) depreciation and amortization expense, (d) amortization of intangibles
      (including, but not limited to, goodwill) and organization costs, (e) any
      extraordinary, unusual or non-recurring expenses or losses (including, whether
      or not otherwise includable as a separate item in the statement of such
      Consolidated Net Income for such period, losses on sales of assets outside
      of
      the ordinary course of business) and (f) any other non-cash charges, and
minus,
      to the
      extent included in the statement of such Consolidated Net Income for such
      period, the sum of (a) interest income (except to the extent deducted in
      determining consolidated interest expense), (b) any extraordinary, unusual
      or
      non-recurring income or gains (including, whether or not otherwise includable
      as
      a separate item in the statement of such Consolidated Net Income for such
      period, gains on the sales of assets outside of the ordinary course of business)
      and (c) any other non-cash income, all as determined on a consolidated basis;
      provided,
      however,
      that for
      purposes of calculating Consolidated EBITDA of the MLP or any Borrower for
      any
      period, (i) the Consolidated EBITDA of any Person acquired by the MLP or such
      Borrower or any of their respective Subsidiaries during such period shall be
      included on a pro forma basis for such period (assuming the consummation of
      such
      acquisition and the incurrence or assumption of any Indebtedness in connection
      therewith occurred on the first day of such period) if the consolidated balance
      sheet of such acquired Person and its consolidated Subsidiaries as at the end
      of
      the period preceding the acquisition of such Person and the related consolidated
      statements of income and stockholders’ equity and of cash flows for the period
      in respect of which Consolidated EBITDA is to be calculated (x) have been
      previously provided to the Administrative Agent and the Lenders and (y) either
      (1) have been reported on without a qualification arising out of the scope
      of
      the audit by independent certified public accountants of nationally recognized
      standing or (2) have been found acceptable by the Administrative Agent and
      (ii)
      the Consolidated EBITDA of any Person disposed of by the MLP or such Borrower
      or
      any of their respective Subsidiaries during such period shall be excluded for
      such period (assuming the consummation of such disposition and the repayment
      of
      any Indebtedness in connection therewith occurred on the first day of such
      period); provided,
      further,
      that
      for purposes of calculating compliance with the covenant contained in
Section
      5,
      with
      respect to any Material Project of any Borrower or any of their respective
      Subsidiaries, an amount equal to the ratable portion of Consolidated EBITDA
      projected for the first 12 months of operations of such Material Project shall
      be added to actual Consolidated EBITDA of such Borrower at the end of each
      Fiscal Quarter in proportion to the total expected capital costs of such
      Material Project that have been incurred at the end of such Fiscal Quarter
      (provided,
      however,
      that
      the Administrative Agent shall have received Consolidated EBITDA projections
      and
      such supporting documentation requested by it for each Material Project, in
      each
      case reasonably satisfactory to the Administrative Agent); provided,
      further,
      that
      for purposes of calculating compliance with the covenant contained in
Section
      5
      for the
      Fiscal Quarter ending June 30, 2006, Consolidated EBITDA of the MLP for the
      relevant period shall be deemed to equal Consolidated EBITDA of the MLP for
      the
      three consecutive Fiscal Quarters ended June 30, 2006 plus
      Consolidated EBITDA of the Parent Borrower for the Fiscal Quarter ended
      September 30, 2005.

     

    “Consolidated
      Leverage Ratio”:
      with
      respect to any Person as of any date, the ratio of (a) Consolidated Total Debt
      of such Person and its Subsidiaries on such date to (b) Consolidated EBITDA
      of
      such Person and its Subsidiaries for the last four Fiscal Quarter period ending
      on or before such date; provided,
      however, that
      Consolidated Total Debt shall exclude (i) any Subordinated Loans made by the
      Permitted Investor or any Subsidiary thereof to the MLP or any Borrower;
provided,
      that
      the aggregate principal amount of such excluded Subordinated Loans pursuant
      to
      this clause (i) outstanding at any time shall not exceed $100,000,000, (ii)
      any
      Subordinated Loans made by the MLP or any Borrower to any Borrower; provided,
      that
      the aggregate principal amount of such excluded Subordinated Loans pursuant
      to
      this clause (ii) outstanding at any time shall not exceed $100,000,000, and
      (iii) obligations of the Parent Borrower or any of its Subsidiaries under any
      Hybrid Securities.

     

    “Consolidated
      Net Income”:
      of any
      Person for any period, the consolidated net income (or loss) of such Person
      and
      its Subsidiaries for such period, determined on a consolidated basis in
      accordance with GAAP; provided,
      that in
      calculating Consolidated Net Income of the MLP or any Borrower for any period,
      there shall be excluded (a) the income (or deficit) of any Person accrued prior
      to the date it becomes a Subsidiary of the MLP or such Borrower or is merged
      into or consolidated with the MLP or such Borrower or any of their respective
      Subsidiaries, (b) the income (or deficit) of any Person (other than a Subsidiary
      of the MLP or such Borrower) in which the MLP or such Borrower or any of their
      respective Subsidiaries has an ownership interest, except to the extent that
      any
      such income is actually received by the MLP, such Borrower or such Subsidiary
      in
      the form of dividends or similar distributions and (c) the undistributed
      earnings of any Subsidiary of the MLP or such Borrower to the extent that the
      declaration or payment of dividends or similar distributions by such Subsidiary
      is not at the time permitted by the terms of any Contractual Obligation (other
      than under any Loan Document) or Requirement of Law applicable to such
      Subsidiary.

     

    “Consolidated
      Net Tangible Assets”:
      at the
      date of any determination thereof, the Consolidated Assets of the Parent
      Borrower and its Subsidiaries after deducting therefrom: (a) all current
      liabilities, excluding (i) any current liabilities that by their terms are
      extendable or renewable at the option of the obligor thereon to a time more
      than
      12 months after the time as of which the amount thereof is being computed,
      and
      (ii) current maturities of long-term debt; and (b) the value, net of any
      applicable reserves, of all goodwill, trade names, trademarks, patents and
      other
      like intangible assets, all as set forth, or on a pro
      forma
      basis
      would be set forth, on a consolidated balance sheet of the Parent Borrower
      and
      its Subsidiaries for their most recently completed Fiscal Quarter, prepared
      in
      accordance with GAAP.

     

    “Consolidated
      Total Debt”:
      of any
      Person at any date, the aggregate principal amount of all Indebtedness of such
      Person at such date, determined on a consolidated basis in accordance with
      GAAP.

     

    “Constituent
      Documents”:
      with
      respect to any Person, (a) the articles of incorporation, certificate of
      incorporation, constitution, certificate of formation or certificate of limited
      partnership (or the equivalent organizational documents) of such Person, (b)
      the
      by-laws, operating agreement or limited partnership agreement (or the equivalent
      governing documents) of such Person and (c) any document setting forth the
      manner of election or duties of the directors, managing members or general
      partner of such Person (if any) and the designation, amount or relative rights,
      limitations and preferences of any class or series of such Person’s Capital
      Stock.

     

    “Contractual
      Obligation”:
      as to
      any Person, any provision of any security issued by such Person or of any
      agreement, instrument or other undertaking to which such Person is a party
      or by
      which it or any of its Property is bound.

     

    “Credit
      Rating”:
      as of
      any date, with respect to each Borrower, the credit rating by either Moody’s or
      S&P, as the case may be, for the long-term senior unsecured non-credit
      enhanced debt of such Borrower. For purposes of the foregoing, (a) if any credit
      rating established by Moody’s or S&P shall be changed, such change shall be
      effective as of the date on which such change is announced publicly by the
      rating agency making such change, (b) if Moody’s or S&P shall change the
      basis on which credit ratings are established by it, each reference to the
      Credit Rating announced by Moody’s or S&P shall refer to the then equivalent
      credit rating by Moody’s or S&P, as the case may be and (c) if either
      Moody’s or S&P shall cease to be in the business of rating corporate debt
      obligations, the Borrowers and the Lenders shall negotiate in good faith to
      amend this Agreement to reflect the unavailability of credit ratings from such
      rating agency and, pending the effectiveness of any such amendment, the Credit
      Rating shall be determined by reference to the credit rating most recently
      in
      effect prior to such cessation.

     

    “Default”:
      any of
      the events specified in Section
      8.1,
      whether
      or not any requirement for the giving of notice, the lapse of time, or both,
      has
      been satisfied.

     

    “Dollars”
and
      “$”:
      lawful
      currency of the United States of America.

     

    “Domestic
      Lending Office”:
      with
      respect to any Lender, the office of such Lender specified as its “Domestic
      Lending Office”
      opposite its name on Schedule
      II (Applicable Lending Offices) or
      on the
      Assignment and Acceptance by which it became a Lender or such other office
      of
      such Lender as such Lender may from time to time specify to the Parent Borrower
      and the Administrative Agent.

     

    “Domestic
      Person”:
      any
“United
      States person”
under
      and as defined in Section 7701(a)(30) of the Code.

     

    “Effective
      Date”:
      the
      date on which the conditions precedent set forth in Section
      4.1
      shall
      have been satisfied, which date is June 29, 2006.

     

    “Eligible
      Assignee”:
      (a) a
      Lender or an Affiliate or Approved Fund of any Lender, (b) a commercial bank
      having total assets in excess of $5,000,000,000, (c) a finance company,
      insurance company or any other financial institution or Fund, in each case
      reasonably acceptable to the Administrative Agent and regularly engaged in
      making, purchasing or investing in loans and having a net worth, determined
      in
      accordance with GAAP, in excess of $250,000,000 (or, to the extent net worth
      is
      less than such amount, a finance company, insurance company, other financial
      institution or Fund, reasonably acceptable to the Administrative Agent and
      the
      Parent Borrower) or (d) a savings and loan association or savings bank organized
      under the laws of the United States or any State thereof having a net worth,
      determined in accordance with GAAP, in excess of $250,000,000.

     

    “Environmental
      Laws”:
      any
      and all laws, rules, orders, regulations, statutes, ordinances, guidelines,
      codes, decrees, or other legally enforceable requirements (including, without
      limitation, common law) of any international authority, foreign government,
      the
      United States, or any state, local, municipal or other governmental authority,
      regulating, relating to or imposing liability or standards of conduct concerning
      protection of the environment or of human health, or employee health and safety,
      as has been, is now, or may at any time hereafter be, in effect.

     

    “Environmental
      Permits”:
      any
      and all permits, licenses, approvals, registrations, notifications, exemptions
      and other authorizations required under any Environmental Law.

     

    “ERISA”:
      the
      Employee Retirement Income Security Act of 1974, as amended from time to
      time.

     

    “Eurocurrency
      Reserve Requirements”:
      for
      any day, the aggregate (without duplication) of the maximum rates (expressed
      as
      a decimal fraction) of reserve requirements in effect on such day (including,
      without limitation, basic, supplemental, marginal and emergency reserves) under
      any regulations of the Federal Reserve Board or other Governmental Authority
      having jurisdiction with respect thereto dealing with reserve requirements
      prescribed for eurocurrency funding (currently referred to as “Eurocurrency
      Liabilities”
in
      Regulation D of the Federal Reserve Board) maintained by a member bank of the
      Federal Reserve System.

     

    “Eurodollar
      Base Rate”:
      with
      respect to any Interest Period for any Eurodollar Rate Loan, the rate determined
      by the Administrative Agent to be the offered rate for deposits in Dollars
      for
      the applicable Interest Period appearing on the Dow Jones Markets Telerate
      Page
      3750 as of 11:00 a.m., London time, on the second full Business Day next
      preceding the first day of each Interest Period. In the event that such rate
      does not appear on the Dow Jones Markets Telerate Page 3750 (or otherwise on
      the
      Dow Jones Markets screen), the Eurodollar Base Rate for the purposes of this
      definition shall be determined by reference to such other comparable publicly
      available service for displaying eurodollar rates as may be selected by the
      Administrative Agent.

     

    “Eurodollar
      Lending Office”:
      means,
      with respect to any Lender, the office of such Lender specified as its
“Eurodollar
      Lending Office” opposite
      its name on
      Schedule II (Applicable Lending Offices) or
      on the
      Assignment and Acceptance by which it became a Lender (or, if no such office
      is
      specified, its Domestic Lending Office) or such other office of such Lender
      as
      such Lender may from time to time specify to the Parent Borrower and the
      Administrative Agent.

     

    “Eurodollar
      Rate”:
      with
      respect to any Interest Period for any Eurodollar Rate Loan, an interest rate
      per annum equal to the rate per annum obtained by dividing (a) the Eurodollar
      Base Rate by (b)(i) a percentage equal to 100% minus
      (ii) the
      reserve percentage applicable two Business Days before the first day of such
      Interest Period under regulations issued from time to time by the Federal
      Reserve Board for determining the maximum reserve requirement (including any
      emergency, supplemental or other marginal reserve requirement) for a member
      bank
      of the Federal Reserve System in New York City with respect to liabilities
      or
      assets consisting of or including Eurocurrency Reserve Requirements (or with
      respect to any other category of liabilities that includes deposits by reference
      to which the Eurodollar Rate is determined) having a term equal to such Interest
      Period.

     

    “Eurodollar
      Rate Loans”:
      Loans
      for which the applicable rate of interest is based upon the Eurodollar
      Rate.

     

    “Event
      of Default”:
      any of
      the events specified in Section
      8.1,
      provided that any requirement for the giving of notice, the lapse of time,
      or
      both, has been satisfied.

     

    “Existing
      Administrative Agent”:
      as
      defined in the recitals hereto.

     

    “Existing
      Credit Agreement”:
      as
      defined in the recitals hereto.

     

    “Existing
      Lenders”:
      the
“Lenders” under and as defined in the Existing Credit Agreement.

     

    “Existing
      Maturity Date”:
      as
      defined in Section 2.17(a).

     

    “Existing
      Revolving Credit Commitments”:
      the
“Revolving Credit Commitments” under and as defined in the Existing Credit
      Agreement.

     

    “Existing
      Revolving Loans”:
      the
“Revolving Loans” under and as defined in the Existing Credit
      Agreement.

     

    “Extended
      Maturity Date”:
      as at
      any date, the date to which the Scheduled Maturity Date has then most recently
      been extended pursuant to Section
      2.17.

     

    “Facility”:
      the
      Revolving Credit Commitments, the Loans made hereunder and the provisions herein
      related to the Letters of Credit.

     

    “Facility
      Fee”:
      as
      defined in Section 2.11(a).

     

    “Federal
      Funds Rate”:
      for
      any period, a fluctuating interest rate per annum equal for each day during
      such
      period to the weighted average of the rates on overnight Federal funds
      transactions with members of the Federal Reserve System arranged by Federal
      funds brokers, as published for such day (or, if such day is not a Business
      Day,
      for the next preceding Business Day) by the Federal Reserve Bank of New York,
      or, if such rate is not so published for any day that is a Business Day, the
      average of the quotations for such day on such transactions received by the
      Administrative Agent from three Federal funds brokers of recognized standing
      selected by it.

     

    “Federal
      Reserve Board”:
      the
      Board of Governors of the United States Federal Reserve System, or any successor
      thereto.

     

    “Fee
      Letters”:
      (a)
      the letter dated June 8, 2006 addressed to the Parent Borrower from Wachovia
      Capital Markets, LLC (“WCM”)
      and
      Wachovia and accepted by the Parent Borrower on June 8, 2006, with respect
      to
      certain fees to be paid from time to time to WCM and Wachovia and (b) the letter
      dated June 8, 2006 addressed to the Parent Borrower from Citigroup Global
      Markets Inc. (“CGMI”)
      and
      accepted by the Parent Borrower on June 8, 2006, with respect to certain fees
      to
      be paid from time to time to CGMI.

     

    “FERC”:
      the
      Federal Energy Regulatory Commission, or any successor thereto.

     

    “Final
      Maturity Date”:
      if the
      Revolving Loans are converted to Term Loans pursuant to Section 2.18, then
      with
      respect to any Term Loan, the date that is one year from the then current
      Scheduled Maturity Date as of the time of such conversion.

     

    “First
      Extension Option”:
      as
      defined in Section 2.17(a).

     

    “Fiscal
      Quarter”:
      each
      of the three month periods ending on March 31, June 30, September 30 and
      December 31. 

     

    “Fiscal
      Year”:
      the
      twelve month period ending on December 31.

     

    “Fund”:
      any
      Person (other than a natural Person) that is or will be engaged in making,
      purchasing, holding or otherwise investing in commercial loans and similar
      extensions of credit in the ordinary course of its business.

     

    “GAAP”:
      generally accepted accounting principles in the United States of America as
      in
      effect from time to time.

     

    “General
      Partner”:
      Boardwalk GP, LP, a Delaware limited partnership.

     

    “Governmental
      Authority”:
      any
      nation or government, any state or other political subdivision thereof and
      any
      entity exercising executive, legislative, judicial, regulatory or administrative
      functions of or pertaining to government.

     

    “Guarantee
      Obligation”:
      as to
      any Person (the “guaranteeing
      person”),
      any
      obligation of (a) the guaranteeing person or (b) another Person (including,
      without limitation, any bank under any letter of credit), if to induce the
      creation of such obligation of such other Person the guaranteeing person has
      issued a reimbursement, counterindemnity or similar obligation, in either case
      guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends
      or
      other obligations (the “primary
      obligations”)
      of any
      other third Person (the “primary
      obligor”)
      in any
      manner, whether directly or indirectly, including, without limitation, any
      obligation of the guaranteeing person, whether or not contingent, (i) to
      purchase any such primary obligation or any Property constituting direct or
      indirect security therefor, (ii) to advance or supply funds (1) for the purchase
      or payment of any such primary obligation or (2) to maintain working capital
      or
      equity capital of the primary obligor or otherwise to maintain the net worth
      or
      solvency of the primary obligor, (iii) to purchase Property, securities or
      services primarily for the purpose of assuring the owner of any such primary
      obligation of the ability of the primary obligor to make payment of such primary
      obligation or (iv) otherwise to assure or hold harmless the owner of any such
      primary obligation against loss in respect thereof; provided,
      however,
      that
      the term Guarantee Obligation shall not include endorsements of instruments
      for
      deposit or collection in the ordinary course of business. The amount of any
      Guarantee Obligation of any guaranteeing person shall be deemed to be the lower
      of (a) an amount equal to the stated or determinable amount of the primary
      obligation in respect of which such Guarantee Obligation is made and (b) the
      maximum amount for which such guaranteeing person may be liable pursuant to
      the
      terms of the instrument embodying such Guarantee Obligation, unless such primary
      obligation and the maximum amount for which such guaranteeing person may be
      liable are not stated or determinable, in which case the amount of such
      Guarantee Obligation shall be such guaranteeing person’s maximum reasonably
      anticipated liability in respect thereof as determined by the Parent Borrower
      in
      good faith.

     

    “Guaranty”:
      the
      amended and restated guaranty, in substantially the form of Exhibit
      G (Form of Guaranty),
      executed by the MLP. 

     

    “Gulf
      South”:
      as
      defined in the preamble hereto.

     

    “Hedge
      Agreements”:
      all
      interest rate or currency swaps, caps or collar agreements, foreign exchange
      agreements, commodity contracts or similar arrangements entered into by the
      Parent Borrower or its Subsidiaries providing for protection against
      fluctuations in interest rates, currency exchange rates, commodity prices or
      the
      exchange of nominal interest obligations, either generally or under specific
      contingencies. 

     

    “Hybrid
      Security”:
      any
      hybrid preferred securities consisting of trust preferred securities or
      deferrable interest subordinated debt securities with maturities of at least
      20
      years issued by wholly owned special purpose entities that are Subsidiaries
      of
      the Parent Borrower.

     

    “Incremental
      Credit Extension Date”:
      as
      defined in Section 2.1(b)
      (Incremental Credit Extensions).

     

    “Indebtedness”:
      of any
      Person at any date, without duplication, (a) all indebtedness of such Person
      for
      borrowed money, (b) all obligations of such Person for the deferred purchase
      price of Property or services (other than trade payables incurred in the
      ordinary course of such Person’s business), (c) all obligations of such Person
      evidenced by notes, bonds, debentures or other similar instruments, (d) all
      indebtedness created or arising under any conditional sale or other title
      retention agreement with respect to Property acquired by such Person (even
      though the rights and remedies of the seller or lender under such agreement
      in
      the event of default are limited to repossession or sale of such Property),
      (e)
      all Capital Lease Obligations of such Person, (f) all obligations of such
      Person, contingent or otherwise, as an account party or applicant under
      acceptance, letter of credit or similar facilities, (g) all obligations of
      such
      Person, contingent or otherwise, to purchase, redeem, retire or otherwise
      acquire for value any Capital Stock of such Person, (h) all Guarantee
      Obligations of such Person in respect of obligations of the kind referred to
      in
clauses
      (a)
      through
(g)
      above;
      (i) all obligations of the kind referred to in clauses
      (a)
      through
(h)
      above
      secured by (or for which the holder of such obligation has an existing right,
      contingent or otherwise, to be secured by) any Lien on Property (including,
      without limitation, accounts and contract rights) owned by such Person, whether
      or not such Person has assumed or become liable for the payment of such
      obligation and (j) for the purposes of Section
      8.1(e)
      only,
      all obligations of such Person in respect of Hedge Agreements.

     

    “Indemnified
      Matter”:
      as
      defined in Section
      10.4 (Indemnities).

     

    “Indemnitee”:
      as
      defined in Section
      10.4 (Indemnities).

     

    “Insolvency”:
      with
      respect to any Multiemployer Plan, the condition that such Plan is insolvent
      within the meaning of Section 4245 of ERISA, and in such context “Insolvent”
shall
      have a correlative meaning.

     

    “Interest
      Period”:
      as to
      any Eurodollar Rate Loan, (a) initially, the period commencing on the borrowing
      or conversion date, as the case may be, with respect to such Eurodollar Rate
      Loan and ending one, two, three or six months thereafter, as selected by the
      applicable Borrower in its Notice of Borrowing or Notice of Conversion or
      Continuation, as the case may be, given with respect thereto; and (b)
      thereafter, each period commencing on the last day of the next preceding
      Interest Period applicable to such Eurodollar Rate Loan and ending one, two,
      three or six months thereafter, as selected by the applicable Borrower in its
      Notice of Conversion or Continuation given to the Administrative Agent not
      less
      than three Business Days prior to the last day of the then current Interest
      Period with respect thereto; provided
      that,
      all of the foregoing provisions relating to Interest Periods are subject to
      the
      following:

     

    (i) if
      any
      Interest Period would otherwise end on a day that is not a Business Day, such
      Interest Period shall be extended to the next succeeding Business Day unless
      the
      result of such extension would be to carry such Interest Period into another
      calendar month in which event such Interest Period shall end on the immediately
      preceding Business Day;

     

    (ii) any
      Interest Period that would otherwise extend beyond the date final payment is
      due
      on the Loans, shall end on such due date, as applicable;

     

    (iii) any
      Interest Period that begins on the last Business Day of a calendar month (or
      on
      a day for which there is no numerically corresponding day in the calendar month
      at the end of such Interest Period) shall end on the last Business Day of the
      calendar month at the end of such Interest Period; and

     

    (iv) there
      shall be outstanding at any one time no more than five Interest Periods in
      the
      aggregate.

     

    “Investment”:
      with
      respect to any Person, (a) any purchase or other acquisition by such Person
      of
      (i) any Security issued by, (ii) a beneficial interest in any Security issued
      by, or (iii) any other equity ownership interest in, any other Person, (b)
      any
      loan, advance (other than deposits with financial institutions available for
      withdrawal on demand, prepaid expenses, accounts receivable and similar items
      made or incurred in the ordinary course of business as presently conducted)
      or
      capital contribution by such Person to any other Person, including all
      Indebtedness of any other Person to such Person arising from a sale of property
      by such Person other than in the ordinary course of its business and (c) any
      Guarantee Obligation incurred by such Person in respect of Indebtedness of
      any
      other Person. 

     

    “Issue”:
      with
      respect to any Letter of Credit, to issue, extend the expiry of, renew or
      increase the maximum face amount (including by deleting or reducing any
      scheduled decrease in such maximum face amount) of, such Letter of Credit.
      The
      terms “Issued”
and
      “Issuance”
shall
      have a corresponding meaning.

     

    “Issuer”:
      Wachovia and each other Lender or Affiliate of a Lender that (a) is listed
      on
      the signature pages hereof as an “Issuer”
or
      (b)
      hereafter becomes an Issuer with the approval of the Administrative Agent and
      the Parent Borrower by agreeing pursuant to an agreement with and in form and
      substance satisfactory to the Administrative Agent and the Parent Borrower
      to be
      bound by the terms hereof applicable to Issuers. 

     

    “Joint
      Venture”:
      any
      Person, other than an individual or a Wholly Owned Subsidiary of the Parent
      Borrower, in which the Parent Borrower or a Subsidiary of the Parent Borrower
      holds or acquires an ownership interest (whether by way of capital stock,
      partnership or limited liability company interest, or other evidence of
      ownership).

     

    “Lenders”:
      as
      defined in the preamble hereto. Unless the context otherwise requires, the
      term
“Lenders”
      includes the Swingline Lender.

     

    “Letter
      of Credit”:
      any
      letter of credit Issued pursuant to Section
      2.3 (Letters of Credit).

     

    “Letter
      of Credit Obligations”:
      with
      respect to each Borrower at any time, the aggregate of all liabilities at such
      time of such Borrower to all Issuers with respect to Letters of Credit Issued
      for the account of such Borrower, whether or not any such liability is
      contingent, including, without duplication, the sum of (a) such Borrower’s
      Reimbursement Obligations at such time and (b) such Borrower’s Letter of Credit
      Undrawn Amounts at such time.

     

    “Letter
      of Credit Reimbursement Agreement”
as
      defined in Section
      2.3(a)(vi) (Letters of Credit).

     

    “Letter
      of Credit Request”:
      as
      defined in Section
      2.3(c) (Letters of Credit).

     

    “Letter
      of Credit Undrawn Amounts”:
      with
      respect to each Borrower at any time, the aggregate undrawn face amount of
      all
      Letters of Credit Issued for the account of such Borrower and outstanding at
      such time. 

     

    “LIBOR
      Market Index Rate”:
      for
      any day, the rate for one month deposits in Dollars appearing on the Dow Jones
      Markets Telerate Page 3750 as of 11:00 a.m., London time, for such day or,
      if
      such day is not a Business Day, the immediately preceding Business Day. In
      the
      event that such rate does not appear on the Dow Jones Markets Telerate Page
      3750
      (or otherwise on the Dow Jones Markets screen), the LIBOR Market Index Rate
      for
      the purposes of this definition shall be determined by reference to such other
      comparable publicly available service for displaying eurodollar rates as may
      be
      selected by the Administrative Agent.

     

    “Lien”:
      any
      mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance,
      lien (statutory or other), charge or other security interest or any preference,
      priority or other security agreement or preferential arrangement of any kind
      or
      nature whatsoever (including, without limitation, any conditional sale or other
      title retention agreement and any capital lease having substantially the same
      economic effect as any of the foregoing).

     

    “LMIR
      Loan”:
      Swingline Loans for which the applicable rate of interest is based upon the
      LIBOR Market Index Rate.

     

    “Loan”:
      any
      loan (including Revolving Loans, Swingline Loans and Term Loans, if any) made
      by
      any Lender pursuant to this Agreement.

     

    “Loan
      Documents”:
      this
      Agreement, the Revolving Credit Notes, the Guaranty, the Fee Letters, each
      Letter of Credit Reimbursement Agreement and each other agreement, document,
      instrument or certificate executed by any Borrower or any other Loan Party
      in
      connection with any of the foregoing which the Administrative Agent and the
      Parent Borrower designate as a “Loan
      Document”.

     

    “Loan
      Parties”:
      each
      of the Borrowers and the MLP.

     

    “Material
      Adverse Effect”:
      a
      material adverse effect on (a) the business, assets, liabilities, operations
      or
      condition (financial or otherwise) of the MLP and its Subsidiaries taken as
      a
      whole, (b) the ability of any Loan Party to perform its obligations under this
      Agreement or any other Loan Document, or (c) the ability of the Administrative
      Agent, the Lenders or the Issuers to enforce this Agreement or any other Loan
      Document.

     

    “Material
      Project”:
      any
      capital expansion project of any Borrower or any of their respective
      Subsidiaries in connection with which multi-year customer contracts reasonably
      satisfactory to the Administrative Agent have been entered into prior to the
      commencement of construction and the aggregate capital cost of which exceeds
      $20,000,000.

     

    “MLP”:
      as
      defined in the preamble hereto.

     

    “MLP
      Partnership Agreement”:
      the
      First Amended and Restated Agreement of Limited Partnership of Boardwalk
      Pipeline Partners, LP, dated as of November 15, 2005, by and between the General
      Partner, as the general partner, and Boardwalk Pipelines Holding Corp., as
      the
      organizational limited partner, together with any other Persons who become
      parties thereto as provided therein.

     

    “Moody’s”:
      Moody’s Investors Services, Inc.

     

    “Multiemployer
      Plan”:
      a Plan
      that is a multiemployer plan as defined in Section 4001(a)(3) of
      ERISA.

     

    “Nominee”:
      as
      defined in Section 2.17(e).

     

    “Non-Consenting
      Lender”:
      as
      defined in Section 2.17(c).

     

    “Non-Funding
      Lender”:
      as
      defined in Section 2.2(d).

     

    “Non-U.S.
      Lender”:
      each
      Lender or Issuer (or the Administrative Agent) that is a Non-U.S.
      Person.

     

    “Non-U.S.
      Person”:
      any
      Person that is not a Domestic Person.

     

    “Notice
      of Borrowing”:
      as
      defined in Section
      2.2(a).

     

    “Notice
      of Conversion or Continuation”:
      as
      defined in Section
      2.10(a).

     

    “Notice
      of Extension”:
      as
      defined in Section 2.17(a).

     

    “Obligations”:
      the
      unpaid principal of and interest on (including, without limitation, interest
      accruing after the maturity of the Loans and the Letter of Credit Obligations
      and interest accruing after the filing of any petition in bankruptcy, or the
      commencement of any insolvency, reorganization or like proceeding, relating
      to
      any Borrower, whether or not a claim for post-filing or post-petition interest
      is allowed in such proceeding) the Loans, the Letter of Credit Obligations
      and
      all other obligations and liabilities of the Borrowers to the Administrative
      Agent, to any Issuer or to any Lender, whether direct or indirect, absolute
      or
      contingent, due or to become due, or now existing or hereafter incurred, which
      may arise under, out of, or in connection with, this Agreement, any other Loan
      Document, or any other document made, delivered or given in connection herewith
      or therewith, whether on account of principal, interest, reimbursement
      obligations, fees, indemnities, costs, expenses (including, without limitation,
      all fees, charges and disbursements of counsel to the Administrative Agent,
      to
      any Issuer or to any Lender that are required to be paid by the Borrowers
      pursuant hereto) or otherwise, and all obligations of the Borrowers under any
      Loan Document to provide cash collateral for any Letter of Credit Obligation.
      Unless otherwise specified in any Loan Document, the Obligations shall be
      several but not joint obligations of each Borrower.

     

    “Other
      Taxes”:
      as
      defined in Section 2.15(b).

     

    “Parent Borrower”:
      as
      defined in the preamble hereto.

     

    “Patriot
      Act”:
      the USA
      Patriot Act of 2001 (31 U.S.C. 5318 et
      seq.).

     

    “PBGC”:
      the
      Pension Benefit Guaranty Corporation established pursuant to Subtitle A of
      Title
      IV of ERISA (or any successor).

     

    “Permitted
      Investor”:
      Loews
      Corporation, a Delaware corporation, and its Wholly Owned
      Subsidiaries.

     

    “Person”:
      an
      individual, partnership, corporation, limited liability company, business trust,
      joint stock company, trust, unincorporated association, joint venture,
      Governmental Authority or other entity of whatever nature.

     

    “Plan”:
      at a
      particular time, any employee benefit plan that is covered by Title IV of ERISA
      or Section 412 of the Code and in respect of which the Parent Borrower or a
      Commonly Controlled Entity is (or, if such plan were terminated at such time,
      would under Section 4069 of ERISA be deemed to be) an “employer” as defined in
      Section 3(5) of ERISA.

     

    “Property”:
      any
      right or interest in or to property of any kind whatsoever, whether real,
      personal or mixed and whether tangible or intangible, including, without
      limitation, Capital Stock.

     

    “Public
      Offering”:
      the
      first underwritten public offering by the General Partner of its Capital Stock
      after the Effective Date pursuant to a registration statement filed with the
      SEC
      in accordance with the Securities Exchange Act of 1933, as amended, with gross
      proceeds in excess of $50,000,000.

     

    “Purchasing
      Lender”:
      as
      defined in Section
      10.7 (Sharing of Payments, Etc.).

     

    “Qualified
      Acquisition”:
      any
      acquisition by the Parent Borrower or any of its Subsidiaries of all or
      substantially all of the assets or Capital Stock of any Person or any operating
      division thereof, or the merger of any Person with or into the Parent Borrower
      or any Subsidiary of the Parent Borrower (and, in the case of a merger with
      any
      Borrower, with such Borrower being the surviving corporation), subject to the
      satisfaction of each of the following conditions:

     

    (a) the
      Administrative Agent shall have received at least 10 days’ prior written notice
      of such proposed acquisition, which notice shall include, without limitation,
      a
      reasonably detailed description of such proposed acquisition;

     

    (b) such
      proposed acquisition shall only involve those assets of a business of the type
      engaged in by the Parent Borrower and its Subsidiaries as of the Effective
      Date
      and reasonable extensions thereof;

     

    (c) such
      proposed acquisition shall be consensual and shall have been approved by such
      Person’s Board of Directors;

     

    (d) the
      aggregate purchase price for such proposed acquisition, together with all other
      acquisitions in any rolling 12-month period that satisfies the requirements
      of a
“Qualified Acquisition” (other than this clause
      (d)),
      shall
      be not less than $100,000,000;

     

    (e) on
      or
      prior to the date of such proposed acquisition, the Administrative Agent shall
      have received copies of the acquisition agreement, related Contractual
      Obligations and instruments and such other financial information, financial
      analysis, documentation or other information relating to such proposed
      acquisition as the Administrative Agent or any Lender shall reasonably
      request;

     

    (f) at
      the
      time of such proposed acquisition and after giving effect thereto, (i) no
      Default or Event of Default shall have occurred and be continuing, (ii) the
      MLP
      and each Borrower shall be in pro
      forma compliance
      with the financial covenant contained in Section
      5
      (after
      giving effect to the proviso
      in
Section
      5),
      in
      each case determined as of the last day of the most recently ended Fiscal
      Quarter of the MLP and such Borrower for which financial statements have been
      delivered to the Administrative Agent pursuant to Sections
      6.1(a) or
      (b),
      as
      applicable, and (iii) all representations and warranties contained in
Section
      3
      and in
      the other Loan Documents shall be true and correct in all material respects;
      and

     

    (g) the
      Parent Borrower shall have delivered to the Administrative Agent a certificate
      of a Responsible Officer certifying compliance with each of the foregoing and
      containing all supporting information necessary for determining such
      compliance.

     

    “Ratable
      Portion”
or
      (other than in the expression “equally
      and ratably”) “ratably”:
       with
      respect to any Lender, the percentage obtained by dividing (a) the Revolving
      Credit Commitment of such Lender by (b) the aggregate Revolving Credit
      Commitments of all Lenders (or, at any time after the Revolving Credit
      Termination Date, the percentage obtained by dividing the aggregate outstanding
      principal balance of the Revolving Credit Outstandings owing to such Lender
      by
      the aggregate outstanding principal balance of the Revolving Credit Outstandings
      owing to all Lenders).

     

    “Register”:
      as
      defined in Section
      2.6(b).

     

    “Reimbursement
      Date”:
      as
      defined in Section
      2.3(h) (Letters of Credit).

     

    “Reimbursement
      Obligations”:
      with
      respect to each Borrower, as and when matured, the obligation of such Borrower
      to pay, on the date payment is made or scheduled to be made to the beneficiary
      under each Letter of Credit (or at such other date as may be specified herein
      or
      in the applicable Letter of Credit Reimbursement Agreement), and in Dollars,
      all
      amounts of each draft and other request for payments drawn under Letters of
      Credit Issued for the account of such Borrower, and all other matured
      reimbursement or repayment obligations of such Borrower to any Issuer with
      respect to amounts drawn under Letters of Credit Issued for the account of
      such
      Borrower. 

     

    “Reorganization”:
      with
      respect to any Multiemployer Plan, the condition that such plan is in
      reorganization within the meaning of Section 4241 of ERISA.

     

    “Reportable
      Event”:
      any of
      the events set forth in Section 4043(c) of ERISA, other than those events as
      to
      which the thirty day notice period is waived under subsections .27, .28, .29,
      .30, .31, .32, .34 or .35 of PBGC Reg. § 4043.

     

    “Required
      Lenders”:
      at any
      time, the holders of more than 50% of the aggregate amount of the Revolving
      Credit Commitments or, after the Revolving Credit Termination Date, more than
      50% of the aggregate Revolving Credit Outstandings; provided,
      that at
      any time during the Term Out Period the term “Required
      Lenders”
shall
      mean Lenders holding more than 50% of the aggregate unpaid principal amount
      of
      the outstanding Term Loans. A Non-Funding Lender shall not be included in the
      calculation of “Required
      Lenders.”

     

    “Requirement
      of Law”:
      as to
      any Person, the Constituent Documents of such Person, and any law, treaty,
      rule
      or regulation or determination of an arbitrator or a court or other Governmental
      Authority, in each case applicable to or binding upon such Person or any of
      its
      Property or to which such Person or any of its Property is subject.

     

    “Responsible
      Officer”:
      the
      chief executive officer, president, chief financial officer or other principal
      executive officer of any Borrower or the MLP (or of their respective general
      partners), as applicable, but in any event, with respect to financial matters,
      the chief financial officer of any Borrower or the MLP (or of their respective
      general partners), as applicable.

     

    “Restricted
      Payment”:
      any
      dividend or other distribution (whether in cash, securities or other property)
      with respect to any Capital Stock in the Parent Borrower or any Subsidiary,
      or
      any payment (whether in cash, securities or other property), including any
      sinking fund or similar deposit, on account of the purchase, redemption,
      retirement, acquisition, cancellation or termination of any such equity
      interests in the Parent Borrower or any Subsidiary, or any option, warrant
      or
      other right to acquire any such equity interests in the Parent Borrower or
      any
      Subsidiary.

     

    “Revolving
      Credit Commitment”:
      with
      respect to each Lender, the commitment of such Lender to make Revolving Loans
      and acquire interests in other Revolving Credit Outstandings in the aggregate
      principal amount outstanding not to exceed the amount set forth opposite such
      Lender’s name on Schedule
      I (Revolving Credit Commitments) under
      the
      caption “Revolving
      Credit Commitment,” as
      amended to reflect each Assignment and Acceptance executed by such Lender and
      as
      such amount may be increased by any Revolving Credit Commitment Increase or
      reduced pursuant to this Agreement. The aggregate amount of Revolving Credit
      Commitments on the Effective Date is $400,000,000.

     

    “Revolving
      Credit Commitment Increase”:
      as
      defined in Section 2.1(b)
      (Incremental Credit Extensions).

     

    “Revolving
      Credit Note”:
      a
      promissory note of the Borrowers payable to the order of any Lender in a
      principal amount equal to the amount of such Lender’s Revolving Credit
      Commitment evidencing the aggregate Indebtedness of the Borrowers to such Lender
      resulting from the Revolving Loans owing to such Lender.

     

    “Revolving
      Credit Outstandings”:
      with
      respect to each Borrower, (a) at any particular time prior to the Term Out
      Period, the sum of (i) the principal amount of the Revolving Loans made to
      such
      Borrower outstanding at such time, (ii) such Borrower’s Letter of Credit
      Obligations outstanding at such time and (iii) the principal amount of the
      Swingline Loans made to such Borrower outstanding at such time and (b) at any
      time during the Term Out Period, the principal amount of the Term Loans made
      to
      or converted by such Borrower outstanding at such time.

     

    “Revolving
      Credit Sublimit”:
      initially, with respect to each Borrower, the amount set forth opposite such
      Borrower’s name below:

     

    
      	
               

              Borrower

               

            	
               

              Revolving
                Credit Sublimit

               

            
	
               

              Parent
                Borrower

               

            	
               

              $50,000,000

               

            
	
               

              Texas
                Gas

               

            	
               

              $50,000,000

               

            
	
               

              Gulf
                South

               

            	
               

              $300,000,000

               

            

    

    

    The
      Parent Borrower may adjust the Revolving Credit Sublimit for each Borrower
      from
      time to time upon 3 Business Days’ prior written notice to the Administrative
      Agent; provided,
      however,
      that,
      except as otherwise provided in the following proviso in connection with a
      Revolving Credit Commitment Increase, (a) the Parent Borrower’s Revolving Credit
      Sublimit shall not exceed $150,000,000, (b) Texas Gas’ Revolving Credit Sublimit
      shall not exceed $400,000,000, (c) Gulf South’s Revolving Credit Sublimit shall
      not exceed $400,000,000 and (d) the aggregate Revolving Credit Sublimits for
      all
      Borrowers shall not exceed the then effective Revolving Credit Commitments;
      provided,
      further,
      that
      each Revolving Credit Commitment Increase shall increase the maximum Revolving
      Credit Sublimit for each Borrower in the preceding proviso ratably in accordance
      with their respective maximum Revolving Credit Sublimits immediately prior
      to
      such Revolving Credit Commitment Increase.

     

    “Revolving
      Credit Termination Date”:
      the
      earliest of (a) the Scheduled Maturity Date, (b) the date of termination of
      all
      of the Revolving Credit Commitments pursuant to Section 2.5(a) (Reduction
      and Termination of the Revolving Credit Commitments; Repayment of
      Loans)
      and (c)
      the date on which the Obligations become due and payable pursuant to
Section
      8.1.

     

    “Revolving
      Loan”:
      as
      defined in Section 2.1(a)
      (The Revolving Credit Commitments).

     

    “Scheduled
      Maturity Date”:
      the
      later of (a) June 29, 2011 and (b) the then current Extended Maturity Date,
      if
      applicable.

     

    “SEC”:
      the
      Securities and Exchange Commission (or successors thereto or an analogous
      Governmental Authority).

     

    “Second
      Extension Option”:
      as
      defined in Section 2.17(a).

     

    “Security”:
      any
      Capital Stock, voting trust certificate, bond, debenture, note or other evidence
      of Indebtedness, whether secured, unsecured, convertible or subordinated, or
      any
      certificate of interest, share or participation in, any temporary or interim
      certificate for the purchase or acquisition of, or any right to subscribe to,
      purchase or acquire, any of the foregoing, but shall not include any evidence
      of
      the Obligations.

     

    “Selling
      Lender”:
      as
      defined in Section
      10.7 (Sharing of Payments, Etc.).

     

    “Single
      Employer Plan”:
      any
      Plan that is covered by Title IV of ERISA, but which is not a Multiemployer
      Plan.

     

    “Solvent”:
      with
      respect to any Person, as of any date of determination, (a) the amount of the
      “present
      fair saleable value”
of
      the
      assets of such Person will, as of such date, exceed the amount of all
“liabilities
      of such Person, contingent or otherwise”,
      as of
      such date, as such quoted terms are determined in accordance with applicable
      federal and state laws governing determinations of the insolvency of debtors,
      (b) the present fair saleable value of the assets of such Person will, as of
      such date, be greater than the amount that will be required to pay the liability
      of such Person on its debts as such debts become absolute and matured, (c)
      such
      Person will not have, as of such date, an unreasonably small amount of capital
      with which to conduct its business, and (d) such Person will be able to pay
      its
      debts as they mature. For purposes of this definition, (i) “debt”
means
      liability on a “claim”,
      and
      (ii) “claim”
means
      any (x) right to payment, whether or not such a right is reduced to judgment,
      liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed,
      undisputed, legal, equitable, secured or unsecured or (y) right to an equitable
      remedy for breach of performance if such breach gives rise to a right to
      payment, whether or not such right to an equitable remedy is reduced to
      judgment, fixed, contingent, matured or unmatured, disputed, undisputed, secured
      or unsecured.

     

    “Special
      Purpose Vehicle”:
      any
      special purpose funding vehicle identified as such in writing by any Lender
      to
      the Administrative Agent. 

     

    “S&P”:
      Standard & Poor’s Rating Services.

     

    “Standby
      Letter of Credit”:
      any
      letter of credit issued to support an obligation of a Person and which may
      be
      drawn on only upon the failure of such Person to perform such obligation or
      other contingency. 

     

    “Subordinated
      Loans”:
      any
      Indebtedness that is subordinated to the payment in full of the Obligations
      on
      terms and conditions satisfactory to the Administrative Agent.

     

    “Subsidiary”:
      as to
      any Person, a corporation, partnership, limited liability company or other
      entity of which shares of stock or other ownership interests having ordinary
      voting power (other than stock or such other ownership interests having such
      power only by reason of the happening of a contingency) to elect a majority
      of
      the Board of Directors or other managers of such corporation, partnership or
      other entity are at the time owned, or the management of which is otherwise
      controlled, directly or indirectly through one or more intermediaries, or both,
      by such Person. Unless otherwise qualified, all references to a “Subsidiary”
or
      to
“Subsidiaries”
in
      this
      Agreement shall refer to a Subsidiary or Subsidiaries of the Parent
      Borrower.

     

    “Subsidiary
      Borrowers”:
      Texas
      Gas and Gulf South.

     

    “Substitute
      Institution”:
      as
      defined in Section
      2.16(a).

     

    “Substitution
      Notice”:
      as
      defined in Section
      2.16(a).

     

    “Swingline
      Lender”:
      Wachovia Bank, National Association, in its capacity as the lender of Swingline
      Loans hereunder.

     

    “Swingline
      Loan”:
      a Loan
      made pursuant to Section
      2.4.

     

    “Swingline
      Loan Request”:
      as
      defined in Section
      2.4(b).

     

    “Swingline
      Loan Sublimit”:
      $40,000,000.

     

    “Syndication
      Agent”:
      as
      defined in the preamble hereto.

     

    “Taxes”:
      as
      defined in Section 2.15(a).

     

    “Term
      Out Period”:
      as
      defined in Section 2.18(a).

     

    “Texas
      Gas”:
      as
      defined in the preamble hereto.

     

    “Type”:
      as to
      any Loan, its nature as a Base Rate Loan, a Eurodollar Rate Loan or a LMIR
      Loan.

     

    “UCC”:
      the
      Uniform Commercial Code as from time to time in effect in the State of New
      York.

     

    “U.S.
      Lender”:
      each
      Lender or Issuer (or the Administrative Agent) that is a Domestic Person.

     

    “Utilization
      Fee”:
      as
      defined in Section
      2.11(b).

     

    “Utilization
      Fee Rate”:
      at any
      date of determination, with respect to each Borrower, the rate per annum
      corresponding to such Borrower’s Credit Rating on such date, as set forth
      below:

     

    
      	
               

              Level

               

            	
               

              Credit
                Rating

               

            	
               

              Utilization
                Fee Rate

               

            
	
               

              1

               

            	
               

              at
                least A- by S&P or A3 by Moody’s

               

            	
               

              0.05%

               

            
	
               

              2

               

            	
               

              less
                than Level 1 but at least BBB+ by S&P or Baa1 by Moody’s

               

            	
               

              0.05%

               

            
	
               

              3

               

            	
               

              less
                than Level 2 but at least BBB by S&P or Baa2 by Moody’s

               

            	
               

              0.05%

               

            
	
               

              4

               

            	
               

              less
                than Level 3 but at least BBB- by S&P or Baa3 by Moody’s

               

            	
               

              0.10%

               

            
	
               

              5

               

            	
               

              less
                than Level 4 or unrated by both S&P and Moody’s

               

            	
               

              0.10%

               

            

    

    

    provided,
      however,
      that if
      at any time there is a split Credit Rating, then the Utilization Fee Rate at
      such time will be determined by the higher of the two Credit Ratings, except
      that in the event that the lower of such Credit Ratings is more than one Level
      below the higher of such Credit Ratings, the Utilization Fee Rate will be
      determined based on the Level that is one Level lower than the higher of such
      ratings; provided,
      further,
      that if
      such Borrower is unrated by one of S&P or Moody’s (other than by reason of
      the circumstances referred to in the definition of “Credit Rating”), then the
      Utilization Fee Rate shall be based on the Credit Rating established by the
      other rating agency.

     

    “Voting
      Stock”:
      Capital Stock of any Person having ordinary power to vote in the election of
      members of the Board of Directors, managers, trustees or other controlling
      Persons, of such Person, or its managing member or general partner (or managing
      general partner if there is more than one general partner) (irrespective of
      whether, at the time, Capital Stock of any other class or classes of such entity
      shall have or might have voting power by reason of the happening of any
      contingency).

     

    “Wachovia”:
      Wachovia Bank, National Association, a national banking
      association.

     

    “Wholly
      Owned Subsidiary”:
      as to
      any Person, any other Person all of the Capital Stock of which (other than
      directors’ qualifying shares required by law) is owned by such Person directly
      and/or through other Wholly Owned Subsidiaries.

     

    1.2  Other
      Definitional Provisions.
      (a)  Unless
      otherwise specified therein, all terms defined in this Agreement shall have
      the
      defined meanings when used in the other Loan Documents or any certificate or
      other document made or delivered pursuant hereto or thereto.

     

    (b)  The
      words
“hereof”,
      “herein”
and
      “hereunder”
and
      words of similar import when used in this Agreement shall refer to this
      Agreement as a whole and not to any particular provision of this Agreement,
      and
      Section, Schedule and Exhibit references are to this Agreement unless otherwise
      specified.

     

    (c)  The
      meanings given to terms defined herein shall be equally applicable to both
      the
      singular and plural forms of such terms.

     

    (d)  All
      calculations of financial ratios set forth in Section
      5
      shall be
      calculated to the same number of decimal places as the relevant ratios are
      expressed in and shall be rounded upward if the number in the decimal place
      immediately following the last calculated decimal place is five or
      greater.

     

    (e)  The
      terms
“Lender”, “Issuer” and “Administrative Agent” shall include, without limitation,
      their respective successors.

     

    (f)  Upon
      the
      appointment of any successor Administrative Agent pursuant to Section
      9.7,
      references to Wachovia in Section
      9.4
      and to
      Wachovia in the definitions of Base Rate and Eurodollar Base Rate shall be
      deemed to refer to the financial institution then acting as the Administrative
      Agent or one of its Affiliates if it so designates.

     

    1.3  Accounting
      Terms and Principles.

     

    (a)  Except
      as
      set forth below, all accounting terms not specifically defined herein shall
      be
      construed in conformity with GAAP and all accounting determinations required
      to
      be made pursuant hereto (including for purpose of measuring compliance with
      Section
      5)
      shall,
      unless expressly otherwise provided herein, be made in conformity with
      GAAP.

     

    (b)  If
      any
      change in the accounting principles used in the preparation of the most recent
      financial statements referred to in Section
      6.1
      is
      hereafter required or permitted by the rules, regulations, pronouncements and
      opinions of the Financial Accounting Standards Board or the American Institute
      of Certified Public Accountants (or any successors thereto) and such change
      is
      adopted by the Parent Borrower with the agreement of the Parent Borrower’s
      independent certified public accountants and results in a change in any of
      the
      calculations required by Sections
      5
      or
      7
that
      would not have resulted had such accounting change not occurred, the parties
      hereto agree to enter into negotiations in order to amend such provisions so
      as
      to equitably reflect such change such that the criteria for evaluating
      compliance with such covenants by the Parent Borrower shall be the same after
      such change as if such change had not been made; provided,
      however,
      that no
      change in GAAP that would affect a calculation that measures compliance with
      any
      covenant contained in Sections
      5 or
      7
      shall be
      given effect until such provisions are amended to reflect such changes in
      GAAP.

     

    SECTION
      2.  
      AMOUNT
      AND TERMS OF COMMITMENTS

     

    2.1  The
      Commitments.
      

     

    (a)  The
      Revolving Credit Commitments.
      On the
      terms and subject to the conditions contained in this Agreement, each Lender
      severally agrees (i) to make loans in Dollars (each a “Revolving
      Loan”)
      to the
      Borrowers from time to time on any Business Day during the period from the
      Effective Date until the Revolving Credit Termination Date in an aggregate
      principal amount at any time outstanding for all such loans by such Lender
      not
      to exceed such Lender’s Revolving Credit Commitment; provided,
      however,
      that at
      no time shall any Lender be obligated to make a Revolving Loan in excess of
      such
      Lender’s Ratable Portion of the Available Credit; provided,
      further,
      that
      after giving effect to such Revolving Loan, (A) each Borrower’s Revolving Credit
      Outstandings shall not exceed its Revolving Credit Sublimit and (B) the
      aggregate Revolving Credit Outstandings shall not exceed the then effective
      Revolving Credit Commitments, and (ii) at the election of the Parent Borrower,
      to convert the principal amount of any Revolving Loans remaining outstanding
      on
      the Scheduled Maturity Date to Term Loans pursuant to Section
      2.18.
      Within
      the limits of the Revolving Credit Commitment of each Lender, amounts of
      Revolving Loans repaid may be reborrowed under this Section 2.1.

     

    (b)  Incremental
      Credit Extensions.
      (i)
      The
      Borrowers may from time to time after the Effective Date request one or more
      increases in the Revolving Credit Commitments (each, a “Revolving
      Credit Commitment Increase”);
      provided,
      however,
      that
      (A) the aggregate amount of all Revolving Credit Commitment Increases shall
      not
      exceed $300,000,000 and (B) each Revolving Credit Commitment Increase shall
      be
      in an amount not less than $20,000,000. Nothing in this Agreement shall be
      construed to obligate the Administrative Agent, any other Agent, any Arranger
      or
      any Lender to negotiate for (whether or not in good faith), solicit, provide
      or
      commit to provide any Revolving Credit Commitment Increase. The Administrative
      Agent shall promptly notify each Lender of each proposed Revolving Credit
      Commitment Increase. Each such Lender (and each of their Affiliates and Approved
      Funds) may, in its sole discretion, commit to participate in such Revolving
      Credit Commitment Increase by forwarding its commitment therefor to the
      Administrative Agent in form and substance satisfactory to the Administrative
      Agent. The Administrative Agent shall, after consultation with the Parent
      Borrower, allocate, but in amounts not to exceed for each such Lender the
      commitment received from such Lender, Affiliate or Approved Fund, the Revolving
      Credit Commitment Increase commitments to be made as part of such Revolving
      Credit Commitment Increase to the Lenders from which it has received such
      written commitments. If the Administrative Agent does not receive enough
      commitments from existing Lenders or their Affiliates or Approved Funds, it
      may,
      after consultation with the Parent Borrower, allocate to Eligible Assignees
      any
      excess of the proposed amount of such Revolving Credit Commitment Increase
      agreed with the Parent Borrower over the aggregate amounts of the commitments
      received from existing Lenders or their Affiliates or Approved Funds. Each
      Revolving Credit Commitment Increase shall become effective on a date agreed
      by
      the Parent Borrower and the Administrative Agent (each, an “Incremental
      Credit Extension Date”),
      which
      shall be in any case on or after the date of satisfaction of the conditions
      precedent set forth in Section
      4.4.
      The
      Administrative Agent shall notify the Lenders and the Parent Borrower, on or
      before 1:00 p.m., New York City time, on the Business Day following an
      Incremental Credit Extension Date of the effectiveness of a Revolving Credit
      Commitment Increase and shall record in the Register all applicable additional
      information in respect of such Revolving Credit Commitment
      Increase.

     

    (ii)  (A)
      The
      commitments under each Revolving Credit Commitment Increase shall be deemed
      for
      all purposes part of the Revolving Credit Commitments, (B) each Lender or
      Eligible Assignee participating in such Revolving Credit Commitment Increase
      shall become a Lender with respect to the Revolving Credit Commitments and
      all
      matters relating thereto and (C) the commitments under each Revolving Credit
      Commitment Increase shall have the same terms and conditions as the Revolving
      Credit Commitments. On the Incremental Credit Extension Date for any Revolving
      Credit Commitment Increase, each Lender or Eligible Assignee participating
      in
      such Revolving Credit Commitment Increase shall purchase and assume from each
      existing Lender having Revolving Loans outstanding on such Incremental Credit
      Extension Date, without recourse or warranty, an undivided interest and
      participation, to the extent of such Lender’s Ratable Portion of the new
      Revolving Credit Commitments (after giving effect to such Revolving Credit
      Commitment Increase), in the aggregate outstanding Revolving Loans, so as to
      ensure that, on the Incremental Credit Extension Date after giving effect to
      such Revolving Credit Commitment Increase, each Revolving Lender is owed only
      its Ratable Portion of the Revolving Loans on such Incremental Credit Extension
      Date.

     

    2.2  Borrowing
      Procedures.

     

    (a)  Each
      Borrowing shall be made on notice given by the applicable Borrower to the
      Administrative Agent not later than 11:00 a.m. (New York time) (i) on the
      Business Day of the proposed Borrowing, in the case of a Borrowing of Base
      Rate
      Loans and (ii) three Business Days prior to the date of the proposed Borrowing,
      in the case of a Borrowing of Eurodollar Rate Loans. Each such notice shall
      be
      in substantially the form of Exhibit
      A (Form of Notice of Borrowing)
      (a
“Notice
      of Borrowing”),
      specifying (A) the date of such proposed Borrowing, (B) the aggregate
      amount of such proposed Borrowing, (C) whether any portion of the proposed
      Borrowing will be of Base Rate Loans or Eurodollar Rate Loans and (D) for each
      Eurodollar Rate Loan, the initial Interest Period or periods thereof. Loans
      shall be made as Base Rate Loans unless, subject to Section 2.13
      (Special
      Provisions Governing Eurodollar Rate Loans),
      the
      Notice of Borrowing specifies that all or a portion thereof shall be Eurodollar
      Rate Loans. Each Borrowing shall be in an aggregate amount of not less than
      $5,000,000 or an integral multiple of $1,000,000 in excess thereof.

     

    (b)  The
      Administrative Agent shall give to each Lender prompt notice of the
      Administrative Agent’s receipt of a Notice of Borrowing and, if Eurodollar Rate
      Loans are properly requested in such Notice of Borrowing, the applicable
      interest rate determined pursuant to 2.13(a) (Determination
      of Interest Rate).
      Each
      Lender shall, (x) before 2:00 p.m. (New York time) on the date of the proposed
      Borrowing of Base Rate Loans and (y) before 11:00 a.m. (New York time) on the
      date of the proposed Borrowing of Eurodollar Rate Loans, make available to
      the
      Administrative Agent at its address referred to in Section
      10.8 (Notices,
      Etc.),
      in
      immediately available funds, such Lender’s Ratable Portion of such proposed
      Borrowing. Upon fulfillment (or due waiver in accordance with Section
      10.1)
      (i) on
      the Effective Date, of the applicable conditions set forth in Section
      4.1 (Conditions to Effectiveness)
      and (ii)
      at any time (including the Effective Date), of the applicable conditions set
      forth in Section
      4.2 (Conditions Precedent to Each Extension of Credit),
      and
      after the Administrative Agent’s receipt of such funds, the Administrative Agent
      shall make such funds available to the applicable Borrower.

     

    (c)  Unless
      the Administrative Agent shall have received notice from a Lender prior to
      the
      date (in the case of a Eurodollar Rate Loan) or no later than 12:00 p.m. (New
      York time) on the date (in the case of a Base Rate Loan) of any proposed
      Borrowing, that such Lender will not make available to the Administrative Agent
      such Lender’s Ratable Portion of such Borrowing (or any portion thereof), the
      Administrative Agent may assume that such Lender has made such Ratable Portion
      available to the Administrative Agent on the date of such Borrowing in
      accordance with this
      Section 2.2
      and the
      Administrative Agent may, in reliance upon such assumption, make available
      to
      the applicable Borrower on such date a corresponding amount. If and to the
      extent that such Lender shall not have so made such Ratable Portion available
      to
      the Administrative Agent, such Lender and such Borrower severally agree to
      repay
      to the Administrative Agent forthwith on demand such corresponding amount
      together with interest thereon, for each day from the date such amount is made
      available to such Borrower until the date such amount is repaid to the
      Administrative Agent, at (i) in the case of such Borrower, the interest rate
      applicable at the time to the Loans comprising such Borrowing and (ii) in the
      case of such Lender, the Federal Funds Rate for the first Business Day and
      thereafter at the interest rate applicable at the time to the Loans comprising
      such Borrowing. If such Lender shall repay to the Administrative Agent such
      corresponding amount, such corresponding amount so repaid shall constitute
      such
      Lender’s Loan as part of such Borrowing for purposes of this Agreement. If such
      Borrower shall repay to the Administrative Agent such corresponding amount,
      such
      payment shall not relieve such Lender of any obligation it may have hereunder
      to
      the Borrowers.

     

    (d)  The
      failure of any Lender to make on the date specified any Loan or any payment
      required by it (such Lender being a “Non-Funding
      Lender”),
      including any payment in respect of its participation in Swingline Loans and
      Letter of Credit Obligations, shall not relieve any other Lender of its
      obligations to make such Loan or payment on such date but no such other Lender
      shall be responsible for the failure of any Non-Funding Lender to make a Loan
      or
      payment required under this Agreement.

     

    2.3  Letters
      of Credit.

     

    (a)  On
      the
      terms and subject to the conditions contained in this Agreement, each Issuer
      agrees to Issue at the request of each Borrower and for the account of such
      Borrower one or more Letters of Credit from time to time on any Business Day
      during the period commencing on the Effective Date and ending on the earlier
      of
      the Revolving Credit Termination Date and 30 days prior to the Scheduled
      Maturity Date; provided,
      however,
      that no
      Issuer shall be under any obligation to Issue (and, upon the occurrence of
      any
      of the events described in clauses
      (ii),
      (iii),
      (iv),
      (v)
and
      (vi)(A)
      below,
      shall not Issue) any Letter of Credit upon the occurrence of any of the
      following:

     

    (i)  any
      order, judgment or decree of any Governmental Authority or arbitrator shall
      purport by its terms to enjoin or restrain such Issuer from Issuing such Letter
      of Credit or any Requirement of Law applicable to such Issuer or any request
      or
      directive (whether or not having the force of law) from any Governmental
      Authority with jurisdiction over such Issuer shall prohibit, or request that
      such Issuer refrain from, the Issuance of letters of credit generally or such
      Letter of Credit in particular or shall impose upon such Issuer with respect
      to
      such Letter of Credit any restriction or reserve or capital requirement (for
      which such Issuer is not otherwise compensated) not in effect on the date of
      this Agreement or result in any unreimbursed loss, cost or expense that was
      not
      applicable, in effect or known to such Issuer as of the date of this Agreement
      and that such Issuer in good faith deems material to it;

     

    (ii)  such
      Issuer shall have received any written notice of the type described in
clause
      (d) below;

     

    (iii)  after
      giving effect to the Issuance of such Letter of Credit, the aggregate Revolving
      Credit Outstandings would exceed the aggregate Revolving Credit Commitments
      at
      such time;

     

    (iv)  after
      giving effect to the Issuance of such Letter of Credit, the applicable
      Borrower’s Revolving Credit Outstandings would exceed its Revolving Credit
      Sublimit;

     

    (v)  such
      Letter of Credit is requested to be denominated in any currency other than
      Dollars;

     

    (vi)  (A)
      any
      fees due in connection with a requested Issuance have not been paid, (B) such
      Letter of Credit is requested to be Issued in a form that is not acceptable
      to
      such Issuer or (C) the Issuer for such Letter of Credit shall not have received,
      in form and substance reasonably acceptable to it and, if applicable, duly
      executed by the applicable Borrower, applications, agreements and other
      documentation (collectively, a “Letter
      of Credit Reimbursement Agreement”)
      such
      Issuer generally employs in the ordinary course of its business for the Issuance
      of letters of credit of the type of such Letter of Credit; or

     

    (vii)  such
      Letter of Credit is not a Standby Letter of Credit.

     

    None
      of
      the Lenders (other than the Issuers in their capacity as such) shall have any
      obligation to Issue any Letter of Credit.

     

    (b)  In
      no
      event shall the expiration date of any Letter of Credit (i) be more than one
      year after the date of issuance thereof or (ii) be less than five days prior
      to
      the Scheduled Maturity Date; provided,
      however,
      that
      any Letter of Credit with a term less than or equal to one year may provide
      for
      the renewal thereof for additional periods less than or equal to one year,
      as
      long as (x) on or before the expiration of each such term and each such period,
      the applicable Borrower and the Issuer of such Letter or Credit shall have
      the
      option to prevent such renewal and (y) neither the Issuer of such Letter of
      Credit nor the applicable Borrower shall permit any such renewal to extend
      the
      expiration date of any Letter of Credit beyond the date set forth in
clause
      (ii) above.

     

    (c)  In
      connection with the Issuance of each Letter of Credit, the applicable Borrower
      shall give the relevant Issuer and the Administrative Agent at least two
      Business Days’ prior written notice, in substantially the form of Exhibit
      H (Form of Letter of Credit Request)
      (or in
      such other written or electronic form as is acceptable to the Issuer), of the
      requested Issuance of such Letter of Credit (a “Letter
      of Credit Request”).
      Such
      notice shall be irrevocable and shall specify (i) the Issuer of such Letter
      of
      Credit, (ii) the face amount of the Letter of Credit requested (which shall
      not
      be less than $1,000,000), (iii) the date of Issuance of such requested Letter
      of
      Credit (which date shall be a Business Day), (iv) the date on which such Letter
      of Credit is to expire (which date shall be a Business Day), and (v) in the
      case
      of an issuance, the Person for whose benefit the requested Letter of Credit
      is
      to be issued. Such notice, to be effective, must be received by the relevant
      Issuer and the Administrative Agent not later than 11:00 a.m. (New York time)
      on
      the second Business Day prior to the requested Issuance of such Letter of
      Credit.

     

    (d)  Subject
      to the satisfaction of the conditions set forth in this Section
      2.3,
      the
      relevant Issuer shall, on the requested date, Issue a Letter of Credit on behalf
      of the applicable Borrower in accordance with such Issuer’s usual and customary
      business practices. No Issuer shall Issue any Letter of Credit in the period
      commencing on the first Business Day after it receives written notice from
      any
      Lender that one or more of the conditions precedent contained in Section
      4.2 (Conditions Precedent to Each Extension of Credit)
      or
      clause (a)
      above
      (other than those conditions set forth in clauses
      (a)(i),
      (a)(vi)(B)
      and
      (C)
      above
      and, to the extent such clause relates to fees owing to the Issuer of such
      Letter of Credit and its Affiliates, clause
      (a)(vi)(A) above)
      are not on such date satisfied or duly waived and ending when such conditions
      are satisfied or duly waived. No Issuer shall otherwise be required to determine
      that, or take notice whether, the conditions precedent set forth in Section
      4.2 (Conditions Precedent to Each Extension of Credit) have
      been
      satisfied in connection with the Issuance of any Letter of Credit.

     

    (e)  Each
      Borrower agrees that, if requested by the Issuer of any Letter of Credit, it
      shall execute a Letter of Credit Reimbursement Agreement in respect to any
      Letter of Credit Issued hereunder. In the event of any conflict between the
      terms of any Letter of Credit Reimbursement Agreement and this Agreement or
      to
      the extent any Letter of Credit Reimbursement Agreement purports to add defaults
      or events of default or provide for the grant of security not contemplated
      by
      this Agreement, the terms of this Agreement shall govern.

     

    (f)  Each
      Issuer shall comply with the following:

     

    (i)  give
      the
      Administrative Agent written notice (or telephonic notice confirmed promptly
      thereafter in writing), which writing may be a telecopy, of the Issuance of
      any
      Letter of Credit Issued by it, of all drawings under any Letter of Credit Issued
      by it and of the payment (or the failure to pay when due) by the applicable
      Borrower of any Reimbursement Obligation when due (which notice the
      Administrative Agent shall promptly transmit to each Lender); 

     

    (ii)  upon
      the
      request of any Lender, furnish to such Lender copies of any Letter of Credit
      Reimbursement Agreement to which such Issuer is a party and such other
      documentation as may reasonably be requested by such Lender; and

     

    (iii)  no
      later
      than 10 Business Days following the last day of each calendar month, provide
      to
      the Administrative Agent (and the Administrative Agent shall provide a copy
      to
      each Lender requesting the same) and the Parent Borrower a schedule of Letters
      of Credit issued by it, in form and substance reasonably satisfactory to the
      Administrative Agent, setting forth the aggregate Letter of Credit Obligations,
      in each case outstanding at the end of each month, and any information requested
      by the Parent Borrower or the Administrative Agent relating
      thereto.

     

    (g)  Immediately
      upon the issuance by an Issuer of a Letter of Credit in accordance with the
      terms and conditions of this Agreement, such Issuer shall be deemed to have
      sold
      and transferred to each Lender, and each Lender shall be deemed irrevocably
      and
      unconditionally to have purchased and received from such Issuer, without
      recourse or warranty, an undivided interest and participation, to the extent
      of
      such Lender’s Ratable Portion, in such Letter of Credit and the obligations of
      the applicable Borrower with respect thereto (including all Letter of Credit
      Obligations with respect thereto) and any security therefor and guaranty
      pertaining thereto.

     

    (h)  Each
      Borrower agrees to pay to the Issuer of any Letter of Credit the amount of
      all
      Reimbursement Obligations owing to such Issuer under any Letter of Credit issued
      for its account no later than the date that is the next succeeding Business
      Day
      after such Borrower receives written notice from such Issuer that payment has
      been made under such Letter of Credit (the “Reimbursement
      Date”),
      irrespective of any claim, set-off, defense or other right that such Borrower
      may have at any time against such Issuer or any other Person. In the event
      that
      any Issuer makes any payment under any Letter of Credit and the applicable
      Borrower shall not have repaid such amount to such Issuer pursuant to this
      clause
      (h) or
      any
      such payment by such Borrower is rescinded or set aside for any reason, such
      Reimbursement Obligation shall be payable on demand with interest thereon
      computed (i) from the date on which such Reimbursement Obligation arose to
      the
      Reimbursement Date, at the rate of interest applicable during such period to
      Revolving Loans that are Base Rate Loans and (ii) from the Reimbursement Date
      until the date of repayment in full, at the rate of interest applicable during
      such period to past due Revolving Loans that are Base Rate Loans, and such
      Issuer shall promptly notify the Administrative Agent, which shall promptly
      notify each Lender of such failure, and each Lender shall promptly and
      unconditionally pay to the Administrative Agent for the account of such Issuer
      the amount of such Lender’s Ratable Portion of such payment in immediately
      available Dollars. If the Administrative Agent so notifies such Lender prior
      to
      11:00 a.m. (New York time) on any Business Day, such Lender shall make available
      to the Administrative Agent for the account of such Issuer its Ratable Portion
      of the amount of such payment on such Business Day in immediately available
      funds. Upon such payment by a Lender, such Lender shall, except during the
      continuance of a Default or Event of Default under Section
      8.1(f) (Events of Default) and
      notwithstanding whether or not the conditions precedent set forth in
Section
      4.2 (Conditions Precedent to Each Extension of Credit) shall
      have been satisfied (which conditions precedent the Lenders hereby irrevocably
      waive), be deemed to have made a Revolving Loan to the applicable Borrower
      in
      the principal amount of such payment. Whenever any Issuer receives from the
      applicable Borrower a payment of a Reimbursement Obligation as to which the
      Administrative Agent has received for the account of such Issuer any payment
      from a Lender pursuant to this clause
      (h),
      such
      Issuer shall pay over to the Administrative Agent any amount received in respect
      of such Reimbursement Obligation and, upon receipt of such amount, the
      Administrative Agent shall promptly pay over to each Lender, in immediately
      available funds, an amount equal to such Revolving Credit Lender’s Ratable
      Portion of the amount of such payment adjusted, if necessary, to reflect the
      respective amounts the Revolving Credit Lenders have paid in respect of such
      Reimbursement Obligation.

     

    (i)  If
      and to
      the extent such Lender shall not have so made its Ratable Portion of the amount
      of the payment required by clause
      (h) above
      available to the Administrative Agent for the account of such Issuer, such
      Lender agrees to pay to the Administrative Agent for the account of such Issuer
      forthwith on demand any such unpaid amount together with interest thereon,
      for
      the first Business Day after payment was first due at the Federal Funds Rate
      and, thereafter, until such amount is repaid to the Administrative Agent for
      the
      account of such Issuer, at a rate per annum equal to the rate applicable to
      Base
      Rate Loans under the Facility.

     

    (j)  Each
      Borrower’s obligation to pay each Reimbursement Obligation and the obligations
      of the Lenders to make payments to the Administrative Agent for the account
      of
      the Issuers with respect to Letters of Credit shall be absolute, unconditional
      and irrevocable and shall be performed strictly in accordance with the terms
      of
      this Agreement, under any and all circumstances whatsoever, including the
      occurrence of any Default or Event of Default, and irrespective of any of the
      following:

     

    (i)  any
      lack
      of validity or enforceability of any Letter of Credit or any Loan Document,
      or
      any term or provision therein;

     

    (ii)  any
      amendment or waiver of or any consent to departure from all or any of the
      provisions of any Letter of Credit or any Loan Document;

     

    (iii)  the
      existence of any claim, set off, defense or other right that such Borrower,
      any
      other Loan Party, any other party guaranteeing, or otherwise obligated with,
      such Borrower, any Subsidiary of a Loan Party or other Affiliate thereof or
      any
      other Person may at any time have against the beneficiary under any Letter
      of
      Credit, any Issuer, the Administrative Agent or any Lender or any other Person,
      whether in connection with this Agreement, any other Loan Document or any other
      related or unrelated agreement or transaction;

     

    (iv)  any
      draft
      or other document presented under a Letter of Credit proving to be forged,
      fraudulent, invalid or insufficient in any respect or any statement therein
      being untrue or inaccurate in any respect;

     

    (v)  payment
      by the Issuer under a Letter of Credit against presentation of a draft or other
      document that does not comply with the terms of such Letter of Credit;
      and

     

    (vi)  any
      other
      act or omission to act or delay of any kind of the Issuer, the Lenders, the
      Administrative Agent or any other Person or any other event or circumstance
      whatsoever, whether or not similar to any of the foregoing, that might, but
      for
      the provisions of this Section
      2.3,
      constitute a legal or equitable discharge of such Borrower’s obligations
      hereunder.

     

    Any
      action taken or omitted to be taken by the relevant Issuer under or in
      connection with any Letter of Credit, if taken or omitted in the absence of
      gross negligence or willful misconduct, shall not result in any liability of
      such Issuer to any Borrower or any Lender. In determining whether drafts and
      other documents presented under a Letter of Credit comply with the terms
      thereof, the Issuer may accept documents that appear on their face to be in
      order, without responsibility for further investigation, regardless of any
      notice or information to the contrary and, in making any payment under any
      Letter of Credit, the Issuer may rely exclusively on the documents presented
      to
      it under such Letter of Credit as to any and all matters set forth therein,
      including reliance on the amount of any draft presented under such Letter of
      Credit, whether or not the amount due to the beneficiary thereunder equals
      the
      amount of such draft and whether or not any document presented pursuant to
      such
      Letter of Credit proves to be insufficient in any respect, if such document
      on
      its face appears to be in order, and whether or not any other statement or
      any
      other document presented pursuant to such Letter of Credit proves to be forged
      or invalid or any statement therein proves to be inaccurate or untrue in any
      respect whatsoever, and any noncompliance in any immaterial respect of the
      documents presented under such Letter of Credit with the terms thereof shall,
      in
      each case, be deemed not to constitute willful misconduct or gross negligence
      of
      the Issuer.

     

    2.4  Swingline
      Loans.

     

    (a)  On
      the
      terms and subject to the conditions contained in this Agreement, the Swingline
      Lender agrees to make Swingline Loans to the Borrowers from time to time on
      any
      Business Day during the period from the Effective Date until the Revolving
      Credit Termination Date, in an aggregate principal amount at any time
      outstanding that will not result in (i) the aggregate principal amount of
      outstanding Swingline Loans for all Borrowers exceeding the Swingline Loan
      Sublimit, (ii) any Borrower’s Revolving Credit Outstandings exceeding its
      Revolving Credit Sublimit and (iii) the aggregate Revolving Credit Outstandings
      exceeding the then effective Revolving Credit Commitments; provided,
      that
      the Swingline Lender shall not be required to make a Swingline Loan to refinance
      an outstanding Swingline Loan. Within the foregoing limits and subject to the
      terms and conditions set forth herein, the Borrowers may borrow, prepay and
      reborrow Swingline Loans.

     

    (b)  To
      request a Swingline Loan, the applicable Borrower shall notify the
      Administrative Agent of such request by telephone (confirmed by telecopy),
      not
      later than 12:00 noon, New York City time, on the day of a proposed Swingline
      Loan. Each such notice shall be substantially the form of Exhibit
      I (Form of Swingline Loan Request) (a
      “Swingline
      Loan Request”),
      be
      irrevocable and shall specify (i) the requested date (which shall be a Business
      Day) of the Swingline Loan, (ii) the amount of the requested Swingline Loan
      and
      (iii) whether such Swingline Loan is to be a Base Rate Loan or a LMIR Loan.
      If
      no election as to the Type of Swingline Loan is specified, then the requested
      Swingline Loan shall be a Base Rate Loan. Each Swingline Loan shall be in an
      amount that is an integral multiple of $100,000 and not less than $100,000.
      The
      Administrative Agent will promptly advise the Swingline Lender of any such
      notice received from such Borrower. The Swingline Lender shall make each
      Swingline Loan available to the applicable Borrower by means of a credit or
      wire
      transfer of funds, as applicable, to an account of such Borrower designated
      by
      such Borrower in writing to the Swingline Lender (or, in the case of a Swingline
      Loan made to finance the reimbursement of a Reimbursement Obligation to the
      extent permitted by Section 2.12(h), by remittance to the applicable Issuer)
      by
      3:00 p.m., New York City time, on the requested date of such Swingline
      Loan.

     

    (c)  The
      Swingline Lender may by written notice given to the Administrative Agent not
      later than 10:00 a.m., New York City time, on any Business Day require the
      Lenders to acquire participations on such Business Day in all or a portion
      of
      the Swingline Loans outstanding. Such notice shall specify the aggregate amount
      of Swingline Loans in which Lenders will participate. Promptly upon receipt
      of
      such notice, the Administrative Agent will give notice thereof to each Lender,
      specifying in such notice such Lender’s Ratable Portion of such Swingline Loan
      or Loans. Each Lender hereby absolutely and unconditionally agrees, upon receipt
      of notice as provided above, to pay to the Administrative Agent, for the account
      of the Swingline Lender, such Lender’s Ratable Portion of such Swingline Loan or
      Loans. Each Lender acknowledges and agrees that its obligation to acquire
      participations in Swingline Loans pursuant to this paragraph is absolute and
      unconditional and shall not be affected by any circumstance whatsoever,
      including the occurrence and continuance of a Default or an Event of Default
      or
      any reduction or termination of the Revolving Credit Commitments, and that
      each
      such payment shall be made without any offset, abatement, withholding or
      reduction whatsoever. Each Lender shall comply with its obligation under this
      paragraph by wire transfer of immediately available funds to the Administrative
      Agent, and the Administrative Agent shall promptly pay to the Swingline Lender
      the amounts so received by it from the Lenders. The Administrative Agent shall
      notify the Parent Borrower of any participations in any Swingline Loan acquired
      pursuant to this paragraph, and thereafter payments in respect of such Swingline
      Loan shall be made to the Administrative Agent and not to the Swingline Lender.
      Any amounts received by the Swingline Lender from any Borrower (or other party
      on behalf of any Borrower) in respect of a Swingline Loan after receipt by
      the
      Swingline Lender of the proceeds of a sale of participations therein shall
      be
      promptly remitted to the Administrative Agent, and any such amounts received
      by
      the Administrative Agent shall be promptly remitted by the Administrative Agent
      to the Lenders that shall have made their payments pursuant to this paragraph
      and to the Swingline Lender, as their interests may appear; provided,
      that
      any such payment so remitted shall be repaid to the Swingline Lender or to
      the
      Administrative Agent, as applicable, if and to the extent such payment is
      required to be refunded to any Borrower for any reason. The purchase of
      participations in a Swingline Loan pursuant to this paragraph shall not relieve
      any Borrower of any default in the payment thereof.

     

    2.5  Reduction
      and Termination of the Revolving Credit Commitments; Repayment of
      Loans.
      

     

    (a)  The
      Parent Borrower may, upon at least three Business Days’ prior notice to the
      Administrative Agent, terminate in whole or reduce in part ratably the unused
      portions of the respective Revolving Credit Commitments of the Lenders;
provided,
      however,
      that
      each partial reduction shall be (i) in an aggregate amount of not less than
      $5,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii)
      permanent and irrevocable. Each partial reduction shall reduce the Revolving
      Credit Sublimit of each Borrower ratably. In addition, all outstanding Revolving
      Credit Commitments shall terminate on the Revolving Credit Termination
      Date.

     

    (b)  Each
      Borrower promises to repay (i) to the Administrative Agent for the account
      of
      each Lender the entire unpaid principal amount of the Revolving Loans made
      to
      such Borrower on the Scheduled Maturity Date, or earlier if otherwise required
      by the terms hereof (unless the Revolving Loans are converted to Term Loans
      pursuant to Section 2.18, in which event subclause (iii) of this Section 2.5(b)
      shall apply), (ii) to the Swingline Lender the then unpaid principal amount
      of
      each Swingline Loan made to such Borrower on the earlier of (A) the Scheduled
      Maturity Date and (B) 14 days following the date such Swingline Loan is made,
      or
      earlier if otherwise required by the terms hereof and (iii) to the
      Administrative Agent for the account of each Lender the entire unpaid principal
      amount of the Term Loans made to or converted by such Borrower on the Final
      Maturity Date.

     

    2.6  Evidence
      of Debt.

     

    (a)  Each
      Lender shall maintain in accordance with its usual practice an account or
      accounts evidencing Indebtedness of the Borrowers to such Lender resulting
      from
      each Loan of such Lender from time to time, including the amounts of principal
      and interest payable and paid to such Lender from time to time under this
      Agreement.

     

    (b)  (i)The
      Administrative Agent, acting as agent of the Borrowers solely for this purpose
      and for tax purposes, shall establish and maintain at its address referred
      to in
Section 10.8
      (Notices,
      Etc.)
      a
      record of ownership (the “Register”)
      in
      which the Administrative Agent agrees to register by book entry the
      Administrative Agent’s, each Lender’s and each Issuer’s interest in each Loan,
      each Letter of Credit and each Reimbursement Obligation and in the right to
      receive any payments hereunder and any assignment of any such interest or
      rights. In addition, the Administrative Agent, acting as agent of the Borrowers
      solely for this purpose and for tax purposes, shall establish and maintain
      accounts in the Register in accordance with its usual practice in which it
      shall
      record (A) the names and addresses of the Lenders, (B) the Revolving Credit
      Commitments of each Lender from time to time, (C) the amount of each Loan made
      and, if a Eurodollar Rate Loan, the Interest Period applicable thereto, (D)
      the
      amount of any drawn Letters of Credit, (E) the amount of any principal or
      interest due and payable, and paid, by the Borrowers to, or for the account
      of,
      each Lender hereunder, (F) the amount that is due and payable, and paid, by
      the
      Borrowers to, or for the account of, each Issuer, including the amount of Letter
      Credit Obligations (specifying the amount of any Reimbursement Obligations)
      due
      and payable to an Issuer, and (G) the amount of any sum received by the
      Administrative Agent hereunder from the Borrowers, whether such sum constitutes
      principal or interest (and the type of Loan to which it applies), fees, expenses
      or other amounts due under the Loan Documents and each Lender’s and Issuer’s, as
      the case may be, share thereof, if applicable.

     

    (ii)  Notwithstanding
      anything to the contrary contained in this Agreement, the Loans (including
      the
      Revolving Credit Notes evidencing such Loans) and the drawn Letters of Credit
      are registered obligations and the right, title, and interest of the Lenders
      and
      the Issuers and their assignees in and to such Loans or drawn Letters of Credit,
      as the case may be, shall be transferable only upon notation of such transfer
      in
      the Register. A Revolving Credit Note shall only evidence the Lender’s or a
      registered assignee’s right, title and interest in and to the related Loan, and
      in no event is any such Revolving Credit Note to be considered a bearer
      instrument or obligation. This
      Section 2.6(b) and
      Section
      10.2 (Assignments and Participations) shall
      be
      construed so that the Loans and drawn Letters of Credit are at all times
      maintained in “registered
      form”
within
      the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any
      related regulations (or any successor provisions of the Code or such
      regulations).

     

    (c)  The
      entries made in the Register and in the accounts therein maintained pursuant
      to
clauses
      (a)
      and
(b) above
      shall,
      to the extent permitted by applicable law, be prima
      facie
      evidence
      of the existence and amounts of the obligations recorded therein; provided,
      however,
      that
      the failure of any Lender or the Administrative Agent to maintain such accounts
      or any error therein shall not in any manner affect the obligations of the
      Borrowers to repay the Loans in accordance with their terms. In addition, the
      Loan Parties, the Administrative Agent, the Lenders and the Issuers shall treat
      each Person whose name is recorded in the Register as a Lender for all purposes
      of this Agreement. Information contained in the Register with respect to any
      Lender or Issuer shall be available for inspection by the Borrowers, the
      Administrative Agent, such Lender or such Issuer at any reasonable time and
      from
      time to time upon reasonable prior notice.

     

    (d)  Notwithstanding
      any other provision of the Agreement, in the event that any Lender requests
      that
      the Borrowers execute and deliver a promissory note or notes payable to such
      Lender in order to evidence the Indebtedness owing to such Lender by the
      Borrowers hereunder, the Borrowers shall promptly execute and deliver a
      Revolving Credit Note or Revolving Credit Notes to such Lender evidencing any
      Revolving Loans of such Lender, substantially in the form of Exhibit
      E (Form of Revolving Credit Note).

     

    2.7  Optional
      Prepayments.
      Each
      Borrower may prepay the outstanding principal amount of the Loans made to such
      Borrower in whole or in part at any time; provided,
      however,
      that if
      any
      prepayment of any Eurodollar Rate Loan is made by such Borrower other than
      on
      the last day of an Interest Period for such Loan, such Borrower shall also
      pay
      any amount owing pursuant to Section 2.13(e)
      (Breakage
      Costs).
      Partial
      prepayments of Loans (other than Swingline Loans) shall be in an aggregate
      principal amount of not less than $5,000,000 or an integral multiple of
      $1,000,000 in excess thereof. 

     

    2.8  Mandatory
      Prepayments.
      

     

    (a)  If
      at any
      time, the aggregate principal amount of any Borrower’s Revolving Credit
      Outstandings exceeds such Borrower’s Revolving Credit Sublimit at such time,
      such Borrower shall forthwith prepay first, the Swingline Loans and then the
      Revolving Loans made to such Borrower then outstanding in an aggregate amount
      equal to such excess. If
      any
      such excess remains after repayment in full of the aggregate outstanding
      Swingline Loans and Revolving Loans made to such Borrower, such Borrower shall
      provide cash collateral for its then outstanding Letter of Credit Obligations
      in
      the manner set forth in Section
      8.2 (Actions in Respect of Letters of Credit) in
      an
      amount equal to 105% of such excess.

     

    (b)  If
      at any
      time, the aggregate principal amount of Revolving Credit Outstandings exceeds
      the aggregate Revolving Credit Commitments at such time, each Borrower shall
      forthwith prepay first, the Swingline Loans and then the Revolving Loans made
      to
      such Borrower then outstanding in an aggregate amount equal to (i) the
      percentage obtained by dividing the aggregate outstanding principal balance
      of
      the Revolving Credit Outstandings owing by such Borrower by the aggregate
      outstanding principal balance of the Revolving Credit Outstandings owing by
      all
      Borrowers multiplied by (ii) the aggregate amount of such excess. If any such
      excess remains after repayment in full of the aggregate outstanding Swingline
      Loans and Revolving Loans, each Borrower shall provide cash collateral for
      its
      then outstanding Letter of Credit Obligations in the manner set forth in
Section
      8.2 (Actions in Respect of Letters of Credit) in
      an
      amount equal to 105% of (A) the percentage obtained by dividing the aggregate
      outstanding amount of the Letter of Credit Obligations owing by such Borrower
      by
      the aggregate outstanding amount of the Letter of Credit Obligations owing
      by
      all Borrowers multiplied by (B) the aggregate amount of such
      excess.

     

    2.9  Interest.

     

    (a)  Rate
      of Interest.
      All
      Loans and the outstanding amount of all other Obligations shall bear interest,
      in the case of Loans, on the unpaid principal amount thereof from the date
      such
      Loans are made and, in the case of such other Obligations, from the date such
      other Obligations are due and payable until, in all cases, paid in full, except
      as otherwise provided in
      clause (c) below,
      as
      follows:

     

    (i)  if
      a Base
      Rate Loan or such other Obligation, at a rate per annum equal to the sum of
      (A)
      the Base Rate as in effect from time to time and (B) the Applicable Margin
      for
      Loans that are Base Rate Loans;

     

    (ii)  if
      a
      Eurodollar Rate Loan, at a rate per annum equal to the sum of (A) the Eurodollar
      Rate determined for the applicable Interest Period and (B) the Applicable Margin
      in effect from time to time during such Eurodollar Interest Period;
      and

     

    (iii)  if
      a LMIR
      Loan, at a rate per annum equal to the sum of (A) the LIBOR Market Index Rate
      as
      in effect from time to time and (B) the Applicable Margin for Loans that are
      LMIR Loans.

     

    (b)  Interest
      Payments.
      (i)
      Interest accrued on each Base Rate Loan (other than Swingline Loans) shall
      be
      payable in arrears (A) on the first Business Day of each calendar quarter,
      commencing on the first such day following the making of such Base Rate Loan,
      and (B) if not previously paid in full, at maturity (whether by acceleration
      or
      otherwise) of such Base Rate Loan, (ii) interest accrued on each Eurodollar
      Rate Loan shall be payable in arrears (A) on the last day of each Interest
      Period applicable to such Loan (and, if such Interest Period has a duration
      of
      more than three months, on each date during such Interest Period occurring
      every
      three months from the first day of such Interest Period), (B) upon the payment
      or prepayment thereof in full or in part and (C) if not previously paid in
      full,
      at maturity (whether by acceleration or otherwise) of such Eurodollar Rate
      Loan,
      (iii) interest accrued on each Swingline Loan shall be payable in arrears on
      the
      first Business Day of the immediately succeeding calendar quarter and (iv)
      interest accrued on the amount of all other Obligations shall be payable on
      demand from and after the time such Obligation becomes due and payable (whether
      by acceleration or otherwise).

     

    (c)  Default
      Interest.
      Notwithstanding the rates of interest specified in clause (a) above
      or
      elsewhere herein, effective immediately upon the occurrence of an Event of
      Default specified in Section
      8.1(a) and
      for
      as long thereafter as such Event of Default shall be continuing, the principal
      balance of all Loans and the amount of all other Obligations then due and
      payable shall bear interest at a rate that is 2% per annum in excess of the
      rate
      of interest applicable to such Loans or other Obligations from time to time.
      Such interest shall be payable on the date that would otherwise be applicable
      to
      such interest pursuant to clause
      (b) above
      or
      otherwise on demand.

     

    2.10  Conversion/Continuation
      Option.

     

    (a)  Each
      Borrower may elect (i) (A) at any time on any Business Day to convert Base
      Rate
      Loans (other than Swingline Loans) or any portion thereof to Eurodollar Rate
      Loans and (B) at the end of any applicable Interest Period, to convert
      Eurodollar Rate Loans or any portion thereof into Base Rate Loans or to continue
      such Eurodollar Rate Loans or any portion thereof for an additional Interest
      Period; provided,
      however,
      that
      the aggregate amount of the Eurodollar Loans for each Interest Period must
      be in
      the amount of at least $5,000,000 or an integral multiple of $1,000,000 in
      excess thereof, and (ii) (A) at any time on any Business Day to convert
      Swingline Loans that are Base Rate Loans or any portion thereof to LMIR Loans
      and (B) to convert LMIR Rate Loans or any portion thereof into Base Rate Loans;
      provided,
      however,
      that
      the aggregate amount of the LMIR Loans must be in the amount of at least
      $100,000 or an integral multiple of $100,000 in excess thereof. Each conversion
      or continuation shall be allocated among the Loans of each Lender in accordance
      with such Lender’s Ratable Portion. Each such election shall be in substantially
      the form of Exhibit
      F
      (a
“Notice
      of Conversion or Continuation”)
      and
      shall be made by the Parent Borrower giving the Administrative Agent at least
      three Business Days’ prior written notice specifying (w) whether the Parent
      Borrower is requesting such conversion or continuation on behalf of itself
      or
      for another Borrower (and if on behalf of another Borrower, the identity of
      such
      Borrower), (x) the amount and type of Loan being converted or continued, (y)
      in
      the case of a conversion to or a continuation of Eurodollar Rate Loans, the
      applicable Interest Period and (z) in the case of a conversion, the date of
      such
      conversion.

     

    (b)  The
      Administrative Agent shall promptly notify each Lender of its receipt of a
      Notice of Conversion or Continuation and of the options selected therein.
      Notwithstanding the foregoing, no conversion in whole or in part of Base Rate
      Loans to Eurodollar Rate Loans and no continuation in whole or in part of
      Eurodollar Rate Loans upon the expiration of any applicable Interest Period
      shall be permitted at any time at which (A) a Default or an Event of Default
      shall have occurred and be continuing or (B) the continuation of, or conversion
      into, a Eurodollar Rate Loan would violate any provision of 2.13
      (Special
      Provisions Governing Eurodollar Rate Loans).
      If,
      within the time period required under the terms of this
      Section 2.10,
      the
      Administrative Agent does not receive a Notice of Conversion or Continuation
      from the Parent Borrower containing a permitted election to continue any
      Eurodollar Rate Loans for an additional Interest Period or to convert any such
      Loans, then, upon the expiration of the applicable Interest Period, such Loans
      shall be automatically converted to Base Rate Loans. Each Notice of Conversion
      or Continuation shall be irrevocable.

     

    2.11  Fees.

     

    (a)  Facility
      Fee.
      Each
      Borrower agrees to pay in immediately available Dollars to the Administrative
      Agent for the account of each Lender a fee (the “Facility
      Fee”)
      on
      such Borrower’s Applicable Percentage of the daily amount of such Lender’s
      Revolving Credit Commitment, whether used or unused, and when the Revolving
      Credit Commitment has been terminated, on the Revolving Credit Outstandings
      of
      such Lender, at the Applicable Facility Fee Rate from the date hereof through
      the later of (i) the Revolving Credit Termination Date and (ii) the date on
      which all outstanding Loans are paid in full and all Letter of Credit
      Obligations have been cash collateralized in an amount equal to 105% of such
      Letter of Credit Obligations in the manner set forth in Section
      8.2 (Actions in Respect of Letters of Credit).
      In
      addition, each Borrower agrees to pay in immediately available Dollars to the
      Administrative Agent for the account of each Lender the Facility Fee on such
      Lender’s Ratable Portion of such Borrower’s outstanding Term Loans at the
      Applicable Facility Fee Rate for each day during the Term Out Period. All
      Facility Fees shall be payable in arrears (w) on the first Business Day of
      each
      calendar quarter, commencing on the first such Business Day following the
      Effective Date, (x) on the Revolving Credit Termination Date, (y) on the date
      on
      which all outstanding Loans are paid in full and all Letter of Credit
      Obligations have been cash collateralized in an amount equal to 105% of such
      Letter of Credit Obligations in the manner set forth in Section
      8.2 (Actions in Respect of Letters of Credit)
      and (z)
      on the Final Maturity Date.

     

    (b)  Utilization
      Fee.
      Each
      Borrower agrees to pay in immediately available Dollars to the Administrative
      Agent for the account of each Lender a fee (the “Utilization
      Fee”)
      on
      such Lender’s Ratable Portion of such Borrower’s Revolving Credit Outstandings
      at the Utilization Fee Rate for each day on which the aggregate Revolving Credit
      Outstandings exceeds 50% of the aggregate Revolving Credit Commitments, during
      the period from the date hereof through the later of (i) the Revolving Credit
      Termination Date and (ii) the date on which all outstanding Loans are paid
      in
      full and all Letter of Credit Obligations have been cash collateralized in
      an
      amount equal to 105% of such Letter of Credit Obligations in the manner set
      forth in Section
      8.2 (Actions in Respect of Letters of Credit).
      In
      addition, each Borrower agrees to pay in immediately available Dollars to the
      Administrative Agent for the account of each Lender the Utilization Fee on
      such
      Lender’s Ratable Portion of such Borrower’s outstanding Term Loans at the
      Utilization Fee Rate for each day during the Term Out Period. All Utilization
      Fees shall be payable in arrears (w) on the first Business Day of each calendar
      quarter, commencing on the first such Business Day following the Effective
      Date,
      (x) on the Revolving Credit Termination Date, (y) on the date on which all
      outstanding Loans are paid in full and all Letter of Credit Obligations have
      been cash collateralized in an amount equal to 105% of such Letter of Credit
      Obligations in the manner set forth in Section
      8.2 (Actions in Respect of Letters of Credit)
      and (z)
      on the Final Maturity Date.

     

    (c)  Letter
      of Credit Fees.
      Each
      Borrower agrees to pay the following amounts with respect to Letters of Credit
      issued by any Issuer for the account of such Borrower:

     

    (i)  to
      the
      Administrative Agent for the account of each Issuer of a Letter of Credit,
      with
      respect to each Letter of Credit issued by such Issuer, an issuance fee equal
      to
      0.10% per
      annum
      of the
      maximum undrawn face amount of such Letter of Credit, payable in arrears (A)
      on
      the first Business Day of each calendar quarter, commencing on the first such
      Business Day following the issuance of such Letter of Credit and (B) on the
      Revolving Credit Termination Date;

     

    (ii)  to
      the
      Administrative Agent for the ratable benefit of the Lenders, with respect to
      each Letter of Credit, a fee accruing in Dollars at a rate per annum equal
      to
      the Applicable Margin for Revolving Loans that are Eurodollar Rate Loans on
      the
      maximum undrawn face amount of such Letter of Credit, payable in arrears (A)
      on
      the first Business Day of each calendar quarter, commencing on the first such
      Business Day following the issuance of such Letter of Credit and (B) on the
      Revolving Credit Termination Date; provided,
      however,
      that
      during the continuance of an Event of Default, such fee shall be increased
      by
      two percent per annum (instead of, and not in addition to, any increase pursuant
      to Section
      2.9(c) (Default Interest))
      and
      shall be payable on demand; and

     

    (iii)  to
      the
      Issuer of any Letter of Credit, with respect to the issuance, amendment or
      transfer of each Letter of Credit and each drawing made thereunder, documentary
      and processing charges in accordance with such Issuer’s standard schedule for
      such charges in effect at the time of issuance, amendment, transfer or drawing,
      as the case may be.

     

    (d)  Additional
      Fees.
      The
      Parent Borrower has agreed to pay to the Administrative Agent and the Arrangers
      additional fees, the amount and dates of payment of which are embodied in the
      Fee Letters.

     

    2.12  Payments
      and Computations.

     

    (a)  Each
      Borrower shall make each payment hereunder (including fees and expenses) not
      later than 11:00 a.m. (New York time) on the day when due, in Dollars, to the
      Administrative Agent at its address referred to in Section
      10.8 (Notices, Etc.) in
      immediately available funds without set-off or counterclaim. The Administrative
      Agent shall promptly thereafter cause to be distributed in immediately available
      funds relating to the payment of principal, interest or fees to the Lenders,
      in
      accordance with the application of payments set forth in clause
      (f)
      for the
      account of their respective Applicable Lending Offices; provided,
      however,
      that
      amounts payable pursuant to
      Sections 2.14
      (Capital
      Adequacy),
      2.15
      (Taxes)
      or
      2.13(c)
      or
(d) (Special
      Provisions Governing Eurodollar Rate Loans)
      shall
      be
      paid only to the affected Lender or Lenders and amounts payable with respect
      to
      Swingline Loans shall be paid only to the Swingline Lender. Payments received
      by
      the Administrative Agent after 11:00 a.m. (New York time) shall be deemed to
      be
      received on the next Business Day.

     

    (b)  All
      computations of interest in respect of interest at the Base Rate shall be made
      by the Administrative Agent on the basis of a 365/366-day year and actual days
      elapsed; all other computations of interest and of fees shall be made by the
      Administrative Agent on the basis of a year of 360 days, in each case for the
      actual number of days (including the first day but excluding the last day)
      occurring in the period for which such interest and fees are payable. Each
      determination by the Administrative Agent of a rate of interest hereunder shall
      be conclusive and binding for all purposes, absent manifest error.

     

    (c)  Each
      payment by the Borrowers of any Loan, Reimbursement Obligation (including
      interest or fees in respect thereof) and each reimbursement of various costs,
      expenses or other Obligation shall be made in Dollars.

     

    (d)  Whenever
      any payment hereunder shall be stated to be due on a day other than a Business
      Day, the due date for such payment shall be extended to the next succeeding
      Business Day, and such extension of time shall in such case be included in
      the
      computation of payment of interest or fees, as the case may be; provided,
      however,
      that if
      such extension would cause payment of interest on or principal of any Eurodollar
      Rate Loan to be made in the next calendar month, such payment shall be made
      on
      the immediately preceding Business Day. All repayments of any Loans shall be
      applied as follows: first,
      to
      repay such Loans outstanding as Base Rate Loans and then,
      to
      repay such Loans outstanding as Eurodollar Rate Loans, with those Eurodollar
      Rate Loans having earlier expiring Eurodollar Interest Periods being repaid
      prior to those having later expiring Eurodollar Interest Periods.

     

    (e)  Unless
      the Administrative Agent shall have received notice from the applicable Borrower
      to the Lenders prior to the date on which any payment is due hereunder that
      such
      Borrower will not make such payment in full, the Administrative Agent may assume
      that such Borrower has made such payment in full to the Administrative Agent
      on
      such date and the Administrative Agent may, in reliance upon such assumption,
      cause to be distributed to each Lender on such due date an amount equal to
      the
      amount then due such Lender. If and to the extent that such Borrower shall
      not
      have made such payment in full to the Administrative Agent, each Lender shall
      repay to the Administrative Agent forthwith on demand such amount distributed
      to
      such Lender together with interest thereon (at the Federal Funds Rate for the
      first Business Day and thereafter, at the rate applicable to Base Rate Loans)
      for each day from the date such amount is distributed to such Lender until
      the
      date such Lender repays such amount to the Administrative Agent.

     

    (f)  Except
      for payments and other amounts received by the Administrative Agent and applied
      in accordance with the provisions of clause
      (g)
      below,
      all payments and any other amounts received by the Administrative Agent from
      or
      for the benefit of each Borrower shall be applied as follows: first,
      to pay
      principal of, and interest on, any portion of the Loans the Administrative
      Agent
      may have advanced to such Borrower pursuant to the express provisions of this
      Agreement on behalf of any Lender, for which the Administrative Agent has not
      then been reimbursed by such Lender or such Borrower, second,
      to pay
      all other Obligations of such Borrower then due and payable and third,
      as such
      Borrower so designates. Payments in respect of Swingline Loans received by
      the
      Administrative Agent shall be distributed to the Swingline Lender, payments
      in
      respect of Revolving Loans received by the Administrative Agent shall be
      distributed to each Lender in accordance with such Lender’s Ratable Portion of
      the Revolving Credit Commitments and all payments of fees and all other payments
      in respect of any other Obligation shall be allocated among such of the Lenders
      as are entitled thereto and, for such payments allocated to the Lenders, in
      proportion to their respective Ratable Portions.

     

    (g)  Each
      Borrower hereby irrevocably waives the right to direct the application of any
      and all payments in respect of the Obligations after the occurrence and during
      the continuance of an Event of Default and agrees that, notwithstanding the
      provisions of clause
      (f)
      above,
      the Administrative Agent may, and, upon either (A) the written direction of
      the
      Required Lenders or (B) the acceleration of the Obligations pursuant to
Section
      8.1,
      shall,
      apply all payments in respect of any Obligations of such Borrower in the
      following order:

     

    (i)  first,
      to pay
      interest on and then principal of any portion of the Loans that the
      Administrative Agent may have advanced on behalf of any Lender for which the
      Administrative Agent has not then been reimbursed by such Lender or such
      Borrower;

     

    (ii)  second,
      to pay
      Obligations in respect of any expense reimbursements or indemnities then due
      to
      the Administrative Agent; 

     

    (iii)  third,
      to pay
      Obligations in respect of any expense reimbursements or indemnities then due
      to
      the Lenders and the Issuers; 

     

    (iv)  fourth,
      to pay
      Obligations in respect of any fees then due to the Administrative Agent, the
      Lenders and the Issuers; 

     

    (v)  fifth,
      to pay
      interest then due and payable in respect of the Loans and Reimbursement
      Obligations;

     

    (vi)  sixth,
      to pay
      or prepay principal amounts on the Swingline Loans;

     

    (vii)  seventh,
      to pay
      or prepay principal amounts on all other Loans and Reimbursement Obligations
      and
      to provide cash collateral for outstanding Letter of Credit Undrawn Amounts
      in
      the manner described in Section
      8.2 (Actions in Respect of Letters of Credit),
      ratably
      to the aggregate principal amount of such Loans, Reimbursement Obligations
      and
      Letter of Credit Undrawn Amounts; and

     

    (viii)  eighth,
      to the
      ratable payment of all other Obligations; 

     

    provided,
      however,
      that if
      sufficient funds are not available to fund all payments to be made in respect
      of
      any Obligation described in any of clauses
      (i) through
      (viii)
      above,
      the available funds being applied with respect to any such Obligation (unless
      otherwise specified in such clause) shall be allocated to the payment of such
      Obligation ratably, based on the proportion of the Administrative Agent’s and
      each Lender’s or Issuer’s interest in the aggregate outstanding Obligations
      described in such clauses. The order of priority set forth in clauses
      (i) through
      (viii)
      above
      may
      at any time and from time to time be changed by the agreement of the Required
      Lenders without necessity of notice to or consent of or approval by the
      Borrowers or by any other Person that is not a Lender or Issuer. The order
      of
      priority set forth in clauses
      (i) through
      (iv)
      above
      may be changed only with the prior written consent of the Administrative Agent
      in addition to that of the Required Lenders. The order of priority set forth
      in
clauses
      (i) through
      (vi)
      above
      may be changed only with the prior written consent of the Swingline Lender
      in
      addition to that of the Required Lenders.

     

    (h)  At
      the
      option of the Administrative Agent, Reimbursement Obligations, interest, fees,
      expenses and other sums due and payable in respect of the Revolving Loans may
      be
      paid from the proceeds of Swingline Loans or Revolving Loans. Each Borrower
      hereby authorizes the Swingline Lender to make such Swingline Loans pursuant
      to
Section
      2.4 (Swingline Loans)
      and the
      Lenders to make such Revolving Loans pursuant to Section
      2.2(a) (Borrowing Procedures) from
      time
      to time in the amounts of any and all Reimbursement Obligations, interest,
      fees,
      expenses and other sums payable by it in respect of the Revolving Loans, and
      further authorizes the Administrative Agent to give the Lenders notice of any
      Borrowing with respect to such Swing Loans and Revolving Loans and to distribute
      the proceeds of such Swing Loans and Revolving Loans to pay such amounts. Each
      Borrower agrees that all such Swing Loans and Revolving Loans so made shall
      be
      deemed to have been requested by it (irrespective of the satisfaction of the
      conditions in Section
      4.2 (Conditions Precedent to Each Extension of Credit),
      which
      conditions the Lenders irrevocably waive) and directs that all proceeds thereof
      shall be used to pay such amounts.

     

    2.13  Special
      Provisions Governing Eurodollar Rate Loans.

     

    (a)  Determination
      of Interest Rate.
      The
      Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be
      determined by the Administrative Agent pursuant to the procedures set forth
      in
      the definition of “Eurodollar
      Rate.”
The
      Administrative Agent’s determination shall be presumed to be correct absent
      manifest error and shall be binding on the Borrowers.

     

    (b)  Interest
      Rate Unascertainable, Inadequate or Unfair.
      In the
      event that (i) the Administrative Agent determines that adequate and fair means
      do not exist for ascertaining the applicable interest rates by reference to
      which the Eurodollar Rate then being determined is to be fixed or (ii) the
      Required Lenders notify the Administrative Agent that the Eurodollar Rate for
      any Interest Period will not adequately reflect the cost to the Lenders of
      making or maintaining such Loans for such Interest Period, the Administrative
      Agent shall forthwith so notify the Borrowers and the Lenders, whereupon each
      Eurodollar Loan shall automatically, on the last day of the current Interest
      Period for such Loan, convert into a Base Rate Loan and the obligations of
      the
      Lenders to make Eurodollar Rate Loans or to convert Base Rate Loans into
      Eurodollar Rate Loans shall be suspended until the Administrative Agent shall
      notify the Borrowers that the Required Lenders have determined that the
      circumstances causing such suspension no longer exist.

     

    (c)  Increased
      Costs.
      If at
      any time any Lender determines that the introduction of, or any change in or
      in
      the interpretation of, any law, treaty or governmental rule, regulation or
      order
      occurring after the date hereof (other than any change by way of imposition
      or
      increase of reserve requirements included in determining the Eurodollar Rate)
      or
      the compliance by such Lender with any guideline, request or directive from
      any
      central bank or other Governmental Authority issued after the date hereof
      (whether or not having the force of law), shall have the effect of increasing
      the cost to such Lender of agreeing to make or making, funding or maintaining
      any Eurodollar Rate Loans, then the Borrowers shall from time to time, upon
      demand by such Lender (with a copy of such demand to the Administrative Agent),
      pay to the Administrative Agent for the account of such Lender additional
      amounts sufficient to compensate such Lender for such increased cost. A
      certificate as to the amount of such increased cost, submitted to the Parent
      Borrower and the Administrative Agent by such Lender, shall be conclusive and
      binding for all purposes, absent manifest error. The Borrowers shall not be
      required to compensate a Lender pursuant to this Section
      2.13(c) for
      any
      increased costs incurred more than 90 days prior to the date that such Lender
      notifies the Parent Borrower of the change in law giving rise to such increased
      costs and of such Lender’s intention to claim compensation therefor;
provided,
      however,
      that if
      the change in law giving rise to such increased costs is retroactive, then
      the
      90-day period referred to above shall be extended to include the period of
      retroactive effect thereof (to the extent that such period of retroactive effect
      is not already included in such 90-day period).

     

    (d)  Illegality.
      Notwithstanding any other provision of this Agreement, if any Lender determines
      that the introduction of, or any change in or in the interpretation of, any
      law,
      treaty or governmental rule, regulation or order after the date of this
      Agreement shall make it unlawful, or any central bank or other Governmental
      Authority shall assert that it is unlawful, for any Lender or its Eurodollar
      Lending Office to make Eurodollar Rate Loans or to continue to fund or maintain
      Eurodollar Rate Loans, then, on notice thereof and demand therefor by such
      Lender to the Parent Borrower through the Administrative Agent, (i) the
      obligation of such Lender to make or to continue Eurodollar Rate Loans and
      to
      convert Base Rate Loans into Eurodollar Rate Loans shall be suspended, and
      each
      such Lender shall make a Base Rate Loan as part of any requested Borrowing
      of
      Eurodollar Rate Loans and (ii) if the affected Eurodollar Rate Loans are then
      outstanding, each Borrower shall immediately convert each such Loan into a
      Base
      Rate Loan. If, at any time after a Lender gives notice under this clause
      (d),
      such
      Lender determines that it may lawfully make Eurodollar Rate Loans, such Lender
      shall promptly give notice of that determination to the Parent Borrower and
      the
      Administrative Agent, and the Administrative Agent shall promptly transmit
      the
      notice to each other Lender. The Borrowers’ right to request, and such Lender’s
      obligation, if any, to make Eurodollar Rate Loans shall thereupon be
      restored.

     

    (e)  Breakage
      Costs.
      In
      addition to all amounts required to be paid by the Borrowers pursuant
      to
      Section 2.9
      (Interest),
      each
      Borrower shall compensate each Lender, upon demand, for all losses, expenses
      and
      liabilities (including any loss or expense incurred by reason of the liquidation
      or reemployment of deposits or other funds acquired by such Lender to fund
      or
      maintain such Lender’s Eurodollar Rate Loans to such Borrower but excluding any
      loss of the Applicable Margin on the relevant Loans) that such Lender may
      sustain (i) if for any reason (other than solely by reason of such Lender being
      a Non-Funding Lender) a proposed Borrowing, conversion into or continuation
      of
      Eurodollar Rate Loans does not occur on a date specified therefor in a Notice
      of
      Borrowing or a Notice of Conversion or Continuation given by or on behalf of
      such Borrower or in a telephonic request by or on behalf of it for borrowing
      or
      conversion or continuation or a successive Interest Period does not commence
      after notice therefor is given pursuant to Section
      2.10 (Conversion/Continuation Option),
      (ii) if
      for any reason any Eurodollar Rate Loan is prepaid (including mandatorily
      pursuant to Section
      2.8)
      on a
      date that is not the last day of the applicable Interest Period, (iii) as a
      consequence of a required conversion of a Eurodollar Rate Loan to a Base Rate
      Loan as a result of any of the events indicated in clause
      (d) above
      or (iv)
      as a consequence of any failure by such Borrower to repay Eurodollar Rate Loans
      when required by the terms hereof. The Lender making demand for such
      compensation shall deliver to the Parent Borrower concurrently with such demand
      a written statement as to such losses, expenses and liabilities, and this
      statement shall be prima
      facie evidence
      as to the amount of compensation due to such Lender, absent manifest
      error.

     

    2.14  Capital
      Adequacy.
      If at
      any time any Lender determines that (a) the adoption of, or any change in or
      in
      the interpretation of, any law, treaty or governmental rule, regulation or
      order
      after the date of this Agreement regarding capital adequacy, (b) compliance
      with
      any such law, treaty, rule, regulation or order or (c) compliance with any
      guideline or request or directive from any central bank or other Governmental
      Authority issued after the date hereof (whether or not having the force of
      law)
      shall have the effect of reducing the rate of return on such Lender’s (or any
      corporation controlling such Lender’s) capital as a consequence of its
      obligations hereunder or under or in respect of any Letter of Credit to a level
      below that which such Lender or such corporation could have achieved but for
      such adoption, change, compliance or interpretation, then, upon demand from
      time
      to time by such Lender (with a copy of such demand to the Administrative Agent),
      the Borrowers shall pay to the Administrative Agent for the account of such
      Lender, from time to time as specified by such Lender, additional amounts
      sufficient to compensate such Lender for such reduction. A certificate as to
      such amounts submitted to the Parent Borrower and the Administrative Agent
      by
      such Lender shall be conclusive and binding for all purposes absent manifest
      error. The Borrowers shall not be required to compensate a Lender pursuant
      to
      this Section
      2.14 for
      any
      reduced rate of return incurred more than 90 days prior to the date that such
      Lender notifies the Parent Borrower of the change in law giving rise to such
      reduced rate of return and of such Lender’s intention to claim compensation
      therefor; provided,
      however,
      that if
      the change in law giving rise to such reduction is retroactive, then the 90-day
      period referred to above shall be extended to include the period of retroactive
      effect thereof (to the extent that such period of retroactive effect is not
      already included in such 90-day period).

     

    2.15  Taxes.

     

    (a)  Except
      as
      otherwise provided in this
      Section 2.15,
      any and
      all payments by any Loan Party under each Loan Document shall be made free
      and
      clear of and without deduction for any and all present or future taxes, levies,
      imposts, deductions, charges or withholdings, and all liabilities with respect
      thereto, excluding (i) in the case of each Lender, each Issuer and the
      Administrative Agent (A) taxes measured by its net income, and franchise taxes
      imposed on it, and similar taxes imposed by the jurisdiction (or any political
      subdivision thereof) under the laws of which such Lender, such Issuer or the
      Administrative Agent (as the case may be) is organized or in which its principal
      office is located or, in the case of any Lender, in which its Applicable Lending
      Office is located and (B) any U.S. withholding taxes payable with respect to
      payments under the Loan Documents under laws (including any statute, treaty
      or
      regulation) in effect on the Effective Date (or, in the case of (x) an Eligible
      Assignee, the date of the Assignment and Acceptance, (y) a successor
      Administrative Agent, the date of the appointment of such Administrative Agent,
      and (z) a successor Issuer, the date such Issuer becomes an Issuer) applicable
      to such Lender, such Issuer or the Administrative Agent, as the case may be,
      or
      is attributable to such Non-U.S. Lender’s failure to comply with Section
      2.15(f),
      but not
      excluding any U.S. withholding taxes payable as a result of any change in such
      laws occurring after the Effective Date (or the date of such Assignment and
      Acceptance or the date of such appointment of such Administrative Agent or
      the
      date such Issuer becomes an Issuer) and (ii) in the case of each Lender or
      each
      Issuer, taxes measured by its net income, and franchise taxes imposed on it
      as a
      result of a present or former connection between such Lender or such Issuer
      (as
      the case may be) and the jurisdiction of the Governmental Authority imposing
      such tax or any taxing authority thereof or therein (all such non-excluded
      taxes, levies, imposts, deductions, charges, withholdings and liabilities being
      hereinafter referred to as “Taxes”).
      If
      any Taxes shall be required by law to be deducted from or in respect of any
      sum
      payable under any Loan Document to any Lender, any Issuer or the Administrative
      Agent (w) the sum payable shall be increased as may be necessary so that, after
      making all required deductions (including deductions applicable to additional
      sums payable under this
      Section 2.15,
      such
      Lender, such Issuer or the Administrative Agent (as the case may be) receives
      an
      amount equal to the sum it would have received had no such deductions been
      made,
      (x) the relevant Loan Party shall make such deductions, (y) the relevant Loan
      Party shall pay the full amount deducted to the relevant taxing authority or
      other authority in accordance with applicable law and (z) the relevant Loan
      Party shall deliver to the Administrative Agent evidence of such
      payment.

     

    (b)  In
      addition, each Loan Party agrees to pay any present or future stamp or
      documentary taxes or any other excise or property taxes, charges or similar
      levies of the United States or any political subdivision thereof or any
      applicable foreign jurisdiction, and all liabilities with respect thereto,
      in
      each case arising from any payment made under any Loan Document or from the
      execution, delivery or registration of, or otherwise with respect to, any Loan
      Document (collectively, “Other
      Taxes”).

     

    (c)  Each
      Loan
      Party shall, jointly and severally, indemnify each Lender, each Issuer and
      the
      Administrative Agent for the full amount of Taxes and Other Taxes (including
      any
      Taxes and Other Taxes imposed by any jurisdiction on amounts payable under
      this
      Section 2.15)
      paid by
      such Lender, such Issuer or the Administrative Agent (as the case may be) and
      any liability (including for penalties, interest and expenses) arising therefrom
      or with respect thereto, whether or not such Taxes or Other Taxes were correctly
      or legally asserted. This indemnification shall be made within 30 days from
      the
      date such Lender, such Issuer or the Administrative Agent (as the case may
      be)
      makes written demand therefor.

     

    (d)  Within
      30
      days after the date of any payment of Taxes or Other Taxes by any Loan Party,
      the Parent Borrower shall furnish to the Administrative Agent, at its address
      referred to in Section
      10.8 (Notices, Etc.),
      the
      original or a certified copy of a receipt evidencing payment
      thereof.

     

    (e)  Without
      prejudice to the survival of any other agreement of any Loan Party hereunder
      or
      under the Guaranty, the agreements and obligations of such Loan Party contained
      in this
      Section 2.15
      shall
      survive the payment in full of the Obligations.

     

    (f)  Each
      Non-U.S. Lender that is entitled to an exemption from U.S. withholding tax,
      or that is subject to such tax at a reduced rate under an applicable tax treaty,
      shall (v) on or prior to the Effective Date in the case of each Non-U.S. Lender
      that is a signatory hereto, (w) on or prior to the date of the Assignment and
      Acceptance pursuant to which such Non-U.S. Lender becomes a Lender, on or prior
      to the date a successor Issuer becomes an Issuer or the date a successor
      Administrative Agent becomes the Administrative Agent hereunder, (x) on or
      prior to the date on which any such form or certification expires or becomes
      obsolete, (y) after the occurrence of any event requiring a change in the most
      recent form or certification previously delivered by it to the Parent Borrower
      and the Administrative Agent, and (z) from time to time thereafter if requested
      by the Parent Borrower or the Administrative Agent, provide the Administrative
      Agent and the Parent Borrower with two completed originals of each of the
      following, as applicable:

     

    (i)  (A)
      Form
      W-8ECI (claiming exemption from U.S. withholding tax because the income is
      effectively connected with a U.S. trade or business) or any successor form,
      (B)
      Form W-8BEN (claiming exemption from, or a reduction of, U.S. withholding tax
      under an income tax treaty) or any successor form, (C) in the case of a Non-U.S.
      Lender claiming exemption under Sections 871(h) or 881(c) of the Code, a Form
      W-8BEN (claiming exemption from U.S. withholding tax under the portfolio
      interest exemption) or any successor form or (D) any other applicable form,
      certificate or document prescribed by the IRS certifying as to such Non-U.S.
      Lender’s entitlement to such exemption from U.S. withholding tax or reduced rate
      with respect to all payments to be made to such Non-U.S. Lender under the Loan
      Documents. Unless the Parent Borrower and the Administrative Agent have received
      forms or other documents satisfactory to them indicating that payments under
      any
      Loan Document to or for a Non-U.S. Lender are not subject to U.S. withholding
      tax or are subject to such tax at a rate reduced by an applicable tax treaty,
      the Loan Parties and the Administrative Agent shall withhold amounts required
      to
      be withheld by applicable Requirements of Law from such payments at the
      applicable statutory rate.

     

    (ii)  Each
      U.S.
      Lender shall (v) on or prior to the Effective Date in the case of each U.S.
      Lender that is a signatory hereto, (w) on or prior to the date of the
      Assignment and Acceptance pursuant to which such U.S. Lender becomes a Lender
      or
      an Issuer or on or prior to the date a successor Administrative Agent becomes
      the Administrative Agent hereunder, (x) on or prior to the date on which any
      such form or certification expires or becomes obsolete, (y) after the occurrence
      of any event requiring a change in the most recent form or certification
      previously delivered by it to the Parent Borrower and the Administrative Agent,
      and (z) from time to time if requested by the Parent Borrower or the
      Administrative Agent, provide the Administrative Agent and the Parent Borrower
      with two completed originals of Form W-9 (certifying that such U.S. Lender
      is
      entitled to an exemption from U.S. backup withholding tax) or any successor
      form. Solely for purposes of this Section 2.15(f),
      a U.S.
      Lender shall not include a Lender, an Issuer or an Administrative Agent that
      may
      be treated as an exempt recipient based on the indicators described in Treasury
      Regulation section 1.6049-4(c)(1)(ii). 

     

    (g)  Any
      Lender claiming any additional amounts payable pursuant to this
      Section 2.15
      shall
      use its reasonable efforts (consistent with its internal policies and
      Requirements of Law) to change the jurisdiction of its Applicable Lending Office
      if the making of such a change would avoid the need for, or reduce the amount
      of, any such additional amounts that would be payable or may thereafter accrue
      and would not, in the sole determination of such Lender, be otherwise
      disadvantageous to such Lender.

     

    (h)  If
      any
      Lender, Issuer or the Administrative Agent, as determined in its reasonable
      discretion, ever receives any refund of or credit with respect to any Taxes
      or
      Other Taxes as to which it has been indemnified by any Loan Party, or with
      respect to which any Loan Party has paid additional amounts pursuant to this
      Section
      2.15,
      it
      shall pay over to such Loan Party an amount equal to such refund or credit
      (but
      only to the extent of indemnity payments made, or additional amounts paid,
      by
      any Loan Party under this Section
      2.15
      with
      respect to the Taxes or Other Taxes giving rise to such refund or credit),
      net
      of all out-of-pocket expenses of such Lender, Issuer or the Administrative
      Agent
      and without interest (other than any interest paid by the relevant Governmental
      Authority with respect to such refund or credit); provided
      that
      such Loan Party, upon the request of such Lender, Issuer or the Administrative
      Agent, agrees to repay the amount paid over to the Loan Party, to such Lender,
      Issuer or the Administrative Agent in the event the Lender, Issuer or the
      Administrative Agent is required to repay such refund or credit to such
      Governmental Authority. This paragraph shall not be construed to require the
      Lender, Issuer or the Administrative Agent to make available its tax returns
      (or
      any other information relating to its taxes which it deems confidential) to
      any
      Loan Party or any other Person.

     

    2.16  Substitution
      of Lenders.

     

    (a)  In
      the
      event that (i)(A) any Lender makes a claim under
      Sections 2.13(c)
      (Increased
      Costs)
      or 2.14
      (Capital
      Adequacy),
      (B) it
      becomes illegal for any Lender to continue to fund or make any Eurodollar Rate
      Loan and such Lender notifies the Parent Borrower pursuant to
      Section 2.13(d)
      (Illegality),
      (C) any
      Loan Party is required to make any payment pursuant to Section
      2.15
      (Taxes)
      that is
      attributable to a particular Lender or (D) any Lender becomes a Non-Funding
      Lender, (ii) in the case of clause
      (i)(A) above,
      as
      a consequence of increased costs in respect of which such claim is made, the
      effective rate of interest payable to such Lender under this Agreement with
      respect to its Loans materially exceeds the effective average annual rate of
      interest payable to the Required Lenders under this Agreement and (iii) in
      the
      case of clause
      (i)(A),(B) and
      (C)
      above,
      Lenders holding at least 75% of the Commitments are not subject to such
      increased costs or illegality, payment or proceedings (any such Lender, an
      “Affected
      Lender”),
      the
      Parent Borrower may substitute any Lender and, if reasonably acceptable to
      the
      Administrative Agent, any other Eligible Assignee (a “Substitute
      Institution”)
      for
      such Affected Lender hereunder, after delivery of a written notice (a
“Substitution
      Notice”)
      by the
      Parent Borrower to the Administrative Agent and the Affected Lender within
      a
      reasonable time (in any case not to exceed 90 days) following the occurrence
      of
      any of the events described in
      clause (i) above
      that the Parent Borrower intends to make such substitution; provided,
      however,
      that,
      if more than one Lender claims increased costs, illegality or right to payment
      arising from the same act or condition and such claims are received by the
      Parent Borrower within 30 days of each other, then the Parent Borrower may
      substitute all, but not (except to the extent the Parent Borrower has already
      substituted one of such Affected Lenders before the Parent Borrower’s receipt of
      the other Affected Lenders’ claim) less than all, Lenders making such
      claims.

     

    (b)  If
      the
      Substitution Notice was properly issued under this
      Section 2.16,
      the
      Affected Lender shall sell, and the Substitute Institution shall purchase,
      all
      rights and claims of such Affected Lender under the Loan Documents and the
      Substitute Institution shall assume, and the Affected Lender shall be relieved
      of, the Affected Lender’s Revolving Credit Commitments and all other prior
      unperformed obligations of the Affected Lender under the Loan Documents (other
      than in respect of any damages (which pursuant to Section
      10.5 (Limitation of Liability),
      do not
      include exemplary or punitive damages, to the extent permitted by applicable
      law) in respect of any such unperformed obligations). Such purchase and sale
      (and the corresponding assignment of all rights and claims hereunder) shall
      be
      recorded in the Register maintained by the Administrative Agent and shall be
      effective on (and not earlier than) the later of (i) the receipt by the Affected
      Lender of its Ratable Portion of the Revolving Credit Outstandings, together
      with any other Obligations owing to it, (ii) the receipt by the Administrative
      Agent of an agreement in form and substance satisfactory to it and the Parent
      Borrower whereby the Substitute Institution shall agree to be bound by the
      terms
      hereof and (iii) the payment in full to the Affected Lender in cash of all
      fees,
      unreimbursed costs and expenses and indemnities accrued and unpaid through
      such
      effective date. Upon the effectiveness of such sale, purchase and assumption,
      the Substitute Institution shall become a “Lender”
      hereunder for all purposes of this Agreement having a Revolving Credit
      Commitment in the amount of such Affected Lender’s Revolving Credit Commitment
      assumed by it and such Revolving Credit Commitment of the Affected Lender shall
      be terminated; provided,
      however,
      that
      all indemnities under the Loan Documents shall continue in favor of such
      Affected Lender.

     

    (c)  Each
      Lender agrees that, if it becomes an Affected Lender and its rights and claims
      are assigned hereunder to a Substitute Institution pursuant to this
      Section 2.16,
      it
      shall execute and deliver to the Administrative Agent an Assignment and
      Acceptance to evidence such assignment, together with any Revolving Credit
      Note
      (if such Loans are evidenced by a Revolving Credit Note) evidencing the Loans
      subject to such Assignment and Acceptance; provided,
      however,
      that
      the failure of any Affected Lender to execute an Assignment and Acceptance
      shall
      not render such assignment invalid.

     

    2.17  Extensions
      of Scheduled Maturity Date; Removal of Lenders.

     

    (a)  Subject
      to the terms and provisions of this Section
      2.17,
      the
      Parent Borrower shall have two successive options to extend the Scheduled
      Maturity Date for a period of one year each (the first of which extension
      options shall be referred to herein as the “First
      Extension Option”
and
      the
      second of which extension options shall be referred to herein as the
“Second
      Extension Option”);
      provided,
      that in
      no event shall the Parent Borrower have such option(s) to extend the Scheduled
      Maturity Date during the Term Out Period and any unexercised options to extend
      the Scheduled Maturity Date as of the commencement of the Term Out Period shall
      be deemed waived. In connection with the First Extension Option, the Parent
      Borrower may, by written notice to the Administrative Agent (a “Notice
      of Extension”)
      given
      not earlier than 60 days prior to the first anniversary of the Effective Date
      nor later than 45 days prior to the then effective Scheduled Maturity Date,
      advise the Lenders that it requests an extension of the then effective Scheduled
      Maturity Date (such then effective Scheduled Maturity Date being the
“Existing
      Maturity Date”)
      by one
      year, effective on the Existing Maturity Date. In the event the First Extension
      Option is exercised and the Existing Maturity Date is extended pursuant to
      the
      terms of this Section
      2.17,
      the
      Parent Borrower may, by Notice of Extension given not earlier than 364 days
      following the date of delivery of the Notice of Extension provided in connection
      with the First Extension Option nor later than 45 days prior to the Existing
      Maturity Date, advise the Lenders that it has elected to exercise the Second
      Extension Option and request to extend the Existing Maturity Date by one year,
      effective on said Existing Maturity Date. The Administrative Agent will
      promptly, and in any event within five Business Days of the receipt of any
      such
      Notice of Extension, notify the Lenders of the contents of each such Notice
      of
      Extension.

     

    (b)  Each
      Notice of Extension shall (i) be irrevocable, (ii) constitute a representation
      by the Parent Borrower that (A) no Event of Default or Default has occurred
      and
      is continuing on and as of the date the Parent Borrower provides such Notice
      of
      Extension, and (B) the representations and warranties contained in Section
      3
      are true
      and correct in all material respects on and as of the date the Parent Borrower
      provides such Notice of Extension, as though made on and as of such date (unless
      any representation and warranty expressly relates to an earlier date, in which
      case such representation and warranty shall be true and correct in all material
      respects as of such earlier date) and (iii) be subject to the satisfaction
      of
      the conditions precedent set forth in this Section
      2.17.

     

    (c)  In
      the
      event a Notice of Extension is given to the Administrative Agent as provided
      in
Section
      2.17(a) and
      the
      Administrative Agent notifies a Lender of the contents thereof, such Lender
      shall, on or before the day that is 20 days following the date of Administrative
      Agent’s receipt of such Notice of Extension, advise the Administrative Agent in
      writing whether or not such Lender consents to the extension requested thereby,
      and if any Lender fails so to advise the Administrative Agent, such Lender
      shall
      be deemed to have not consented to such extension. If the Required Lenders
      so
      consent (the “Consenting
      Lenders”)
      to
      such extension, which consent may be withheld in their sole and absolute
      discretion, and any and all Lenders who have not consented (the “Non-Consenting
      Lenders”)
      are
      replaced pursuant to paragraph (d) or (e) of this Section
      2.17 or
      repaid
      pursuant to paragraph (f) of this
      Section 2.17,
      the
      Scheduled Maturity Date, and the Revolving Credit Commitments of the Consenting
      Lenders and the Nominees (as defined below) shall be automatically extended
      one
      year from the Existing Maturity Date, effective on the Existing Maturity
      Date.

     

    (d)  In
      the
      event the Consenting Lenders hold less than 100% of the sum of the aggregate
      Revolving Credit Outstandings and unused Revolving Credit Commitments, the
      Consenting Lenders, or any of them, shall have the right (but not the
      obligation) to assume all or any portion of the Non-Consenting Lenders’
Revolving Credit Commitments by giving written notice to the Parent Borrower
      and
      the Administrative Agent of their election to do so on or before the day that
      is
      25 days following the date of Administrative Agent’s receipt of the Notice of
      Extension, which notice shall be irrevocable and shall constitute an undertaking
      to (i) assume, as of 5:00 p.m., New York City time, on the Existing Maturity
      Date, all or such portion of the Revolving Credit Commitments of the
      Non-Consenting Lenders, as the case may be, as may be specified in such written
      notice, and (ii) purchase (without recourse) from the Non-Consenting Lenders,
      at
      5:00 p.m., New York City time, on the Existing Maturity Date, the Revolving
      Credit Outstandings outstanding on the Existing Maturity Date that correspond
      to
      the portion of the Revolving Credit Commitments to be so assumed at a price
      equal to the sum of (A) the unpaid principal amount of all Loans so purchased,
      plus (B) the aggregate amount, if any, previously funded by the transferor of
      any participations so purchased, plus (C) all accrued and unpaid interest and
      fees thereon. Such Revolving Credit Commitments and Revolving Credit
      Outstandings, or portion thereof, to be assumed and purchased by Consenting
      Lenders shall be allocated by the Administrative Agent among those Consenting
      Lenders who have so elected to assume the same, such allocation to be on a
      pro
      rata basis in accordance with the respective Revolving Credit Commitments of
      such Consenting Lenders as of the Existing Maturity Date or on such other basis
      as such Consenting Lenders shall agree; provided,
      however,
      in no
      event shall a Consenting Lender be required to assume and purchase an amount
      or
      portion of the Revolving Credit Commitments and Revolving Credit Outstandings
      of
      the Non-Consenting Lenders in excess of the amount which such Consenting Lender
      agreed to assume and purchase pursuant to the immediately preceding
      sentence.

     

    (e)  In
      the
      event that the Consenting Lenders shall not elect as provided in Section
      2.17(d) to
      assume
      and purchase all of the Non-Consenting Lenders’ Revolving Credit Commitments and
      Revolving Credit Outstandings, the Parent Borrower may designate, by written
      notice to the Administrative Agent and the Consenting Lenders given on or before
      the day that is 30 days following the date of Administrative Agent’s receipt of
      the Notice of Extension, one or more Eligible Assignees not a party to this
      Agreement and reasonably acceptable to the Administrative Agent (individually,
      a
“Nominee”
and
      collectively, the “Nominees”)
      to
      assume all or any portion of the Non-Consenting Lenders’ Revolving Credit
      Commitments not to be assumed by the Consenting Lenders and to purchase (without
      recourse) from the Non-Consenting Lenders all Revolving Credit Outstandings
      outstanding at 5:00 p.m., New York City time, on the Existing Maturity Date
      that
      corresponds to the portion of the Revolving Credit Commitments so to be assumed
      at the price specified in Section
      2.17(d).
      Each
      assumption and purchase under this Section
      2.17(e) shall
      be
      effective as of 5:00 p.m., New York City time, on the Existing Maturity Date
      when each of the following conditions has been satisfied in a manner
      satisfactory to the Administrative Agent:

     

    (i)  each
      Nominee and Non-Consenting Lender has executed an Assignment and Acceptance
      pursuant to which such Nominee shall (A) assume in writing its share of the
      obligations of the Non-Consenting Lenders hereunder, including its share of
      the
      Revolving Credit Commitments of the Non-Consenting Lenders and (B) agree to
      be
      bound as a Lender by the terms of this Agreement; and

     

    (ii)  the
      assignment shall otherwise comply with Section
      10.2.

     

    (f)  If
      all of
      the Revolving Credit Commitments of the Non-Consenting Lenders are not replaced
      on or before the Existing Maturity Date, then, at the Parent Borrower’s option,
      either (i) all Revolving Credit Commitments shall terminate on the Existing
      Maturity Date or (ii) the Parent Borrower shall give prompt notice of
      termination on the Existing Maturity Date of the Revolving Credit Commitments
      of
      each Non-Consenting Lender not so replaced to the Administrative Agent, and
      shall fully repay on the Existing Maturity Date the Loans (and all accrued
      and
      unpaid interest and fees thereon), if any, of such Non-Consenting Lenders,
      which
      shall reduce the aggregate Revolving Credit Commitments accordingly (to the
      extent not assumed), and the Existing Maturity Date shall be extended in
      accordance with this Section
      2.17 for
      the
      remaining Revolving Credit Commitments of the Consenting Lenders; provided,
      however,
      that
      the Required Lenders have consented to such extension pursuant to Section
      2.17(c).
      Following the Existing Maturity Date, the Non-Consenting Lenders shall have
      no
      further obligations under this Agreement.

     

    2.18  Conversion
      to Term Loans.
      

     

    (a)  At
      the
      option of the Parent Borrower and subject to the terms and provisions of this
      Section
      2.18,
      upon
      written notice delivered to the Administrative Agent no earlier than 60 days
      and
      no later than 30 days prior to the Scheduled Maturity Date, the aggregate
      principal amount of all, but not less than all, of the Revolving Loans remaining
      outstanding at 5:00 p.m., New York City time, on the Scheduled Maturity Date
      shall automatically convert to Term Loans with a maturity of one year from
      the
      Scheduled Maturity Date (the “Term
      Out Period”)
      and
      shall be considered a “Borrowing” for all purposes under this Agreement. Any
      portion of each Lender’s Revolving Credit Commitment not utilized on or before
      the Scheduled Maturity Date shall be permanently cancelled. Any Term Loans
      that
      are prepaid may not be reborrowed, and each Borrower shall pay all unpaid
      principal and all accrued and unpaid interest on such Borrower’s Term Loans on
      or prior to the Final Maturity Date. The Term Loans shall be Base Rate Loans
      or
      Eurodollar Rate Loans, at each Borrower’s election, and each Borrower shall have
      the right to continue or convert the Type of Term Loan Borrowing and, as
      applicable, elect different Interest Periods applicable thereto in the same
      manner as the Revolving Loan Borrowings.

     

    (b)  The
      Parent Borrower’s notice to the Administrative Agent to convert the outstanding
      Revolving Loans to Term Loans pursuant to this Section
      2.18
      shall
      (i) be irrevocable, (ii) constitute a representation by the Parent Borrower
      that
      (A) no Event of Default or Default has occurred and is continuing on and as
      of
      the date the Parent Borrower provides such notice and on the Scheduled Maturity
      Date, and (B) the representations and warranties contained in Section
      3
      are true
      and correct in all material respects on and as of the date the Parent Borrower
      provides such notice and on the Scheduled Maturity Date (unless any
      representation and warranty expressly relates to an earlier date, in which
      case
      such representation and warranty shall be true and correct in all material
      respects as of such earlier date), (iii) be subject to the satisfaction of
      the
      conditions precedent set forth in this Section
      2.18
      and (iv)
      be subject to the Borrowers entering into such amendments to this Agreement
      as
      the Administrative Agent shall reasonably request to implement the terms and
      conditions of such conversion.

     

    2.19  The
      Administrative Borrower.
      Each
      Subsidiary Borrower hereby appoints the Parent Borrower as the administrative
      Borrower hereunder, and the Parent Borrower shall act under this Agreement
      as
      the agent, attorney-in-fact and legal representative of such Subsidiary Borrower
      for all purposes, including receiving account statements and other notices
      and
      communications to such Subsidiary Borrower from the Administrative Agent or
      any
      Lender. The Administrative Agent and the Lenders may rely, and shall be fully
      protected in relying, on any certificate, report, information or any notice
      or
      communication made or given by the Parent Borrower, whether in its own name
      or
      on behalf of a Subsidiary Borrower, and neither the Administrative Agent nor
      any
      Lender shall have any obligation to make any inquiry or request any confirmation
      from or on behalf of any Subsidiary Borrower as to the binding effect on it
      of
      any such notice or request.

     

    SECTION
      3.  
      REPRESENTATIONS AND WARRANTIES

     

    To
      induce
      the Agents, the Lenders and the Issuers to enter into this Agreement and to
      make
      the Loans and Issue or participate in the Letters of Credit, the MLP and each
      Borrower hereby represent and warrant to each Agent, each Lender and each Issuer
      that:

     

    3.1  Financial
      Condition.
      The
      audited consolidated balance sheets of (a) the Parent Borrower and its
      Subsidiaries, (b) Texas Gas and (c) Gulf South, each as at December 31, 2005,
      and the related audited consolidated statements of income and of cash flows
      for
      the period ended on such date, reported on by and accompanied by an unqualified
      report from Deloitte & Touche LLP, present fairly the consolidated financial
      condition of the Parent Borrower, Texas Gas and Gulf South, respectively, as
      at
      such date, and the consolidated results of its operations and its consolidated
      cash flows for the period then ended. The unaudited consolidated balance sheets
      of (x) the Parent Borrower and its Subsidiaries, (y) Texas Gas and (z) Gulf
      South, each as at March 31, 2006, and the related unaudited consolidated
      statements of income and cash flows for the three-month period ended on such
      date, present fairly the consolidated financial condition of the Parent
      Borrower, Texas Gas and Gulf South, respectively, as at such date, and the
      consolidated results of its operations and its consolidated cash flows for
      the
      three-month period then ended (subject to normal year-end audit adjustments
      and
      the absence of notes). All such financial statements, including the related
      schedules and notes thereto, have been prepared in accordance with GAAP applied
      consistently throughout the periods involved (except as approved by the
      aforementioned firm of accountants and disclosed therein).

     

    3.2  No
      Change.
      Since
      December 31, 2005 there has been no development or event that has had or could
      reasonably be expected to have a Material Adverse Effect.

     

    3.3  Corporate
      Existence; Compliance with Law.
      Each of
      the MLP, the Borrowers and their respective Subsidiaries (a) is duly organized,
      validly existing and in good standing under the laws of the jurisdiction of
      its
      organization, (b) has the limited partnership, limited liability company,
      corporate or other power and authority, and the legal right, to own and operate
      its Property, to lease the Property it operates as lessee and to conduct the
      business in which it is currently engaged, (c) is duly qualified as a foreign
      limited partnership, limited liability company, corporation or other
      organization and in good standing under the laws of each jurisdiction where
      its
      ownership, lease or operation of Property or the conduct of its business
      requires such qualification and (d) is in compliance with all Requirements
      of
      Law except, in the case of clauses
      (c) and
      (d),
      to the
      extent that the failure to comply therewith could not, in the aggregate,
      reasonably be expected to have a Material Adverse Effect.

     

    3.4  Limited
      Partnership Power; Authorization; Enforceable Obligations.
      Each of
      the Loan Parties has the limited partnership (or equivalent) power and
      authority, and the legal right, to make, deliver and perform the Loan Documents
      to which it is a party and, with respect to the Borrowers, to borrow hereunder.
      Each of the Loan Parties has taken all necessary limited partnership (or
      equivalent) or other necessary action to authorize the execution, delivery
      and
      performance of the Loan Documents to which it is a party and, with respect
      to
      the Borrowers, to authorize the borrowings on the terms and conditions of this
      Agreement. No consent or authorization of, filing with, notice to or other
      act
      by or in respect of, any Governmental Authority or any other Person is required
      in connection with the borrowings hereunder or the execution, delivery, validity
      or enforceability of this Agreement or any of the other Loan Documents, except
      consents, authorizations, filings and notices described in Schedule
      3.4,
      which
      consents, authorizations, filings and notices have been obtained or made and
      are
      in full force and effect. No consent or authorization of, filing with, notice
      to
      or other act by or in respect of, any Governmental Authority or any other Person
      is required in connection with the performance of this Agreement or any of
      the
      other Loan Documents, except routine consents, authorizations, filings and
      notices required to be made in the ordinary course of business. This Agreement
      has been, and, upon execution, each Loan Document shall have been, duly executed
      and delivered on behalf of each Loan Party that is a party thereto. This
      Agreement constitutes, and each other Loan Document that is an agreement or
      instrument upon execution will constitute, a legal, valid and binding obligation
      of each Loan Party that is a party thereto, enforceable against such Loan Party
      in accordance with its terms, except as enforceability may be limited by
      applicable bankruptcy, insolvency, reorganization, moratorium or similar laws
      affecting the enforcement of creditors’ rights generally and by general
      equitable principles (whether enforcement is sought by proceedings in equity
      or
      at law).

     

    3.5  No
      Legal Bar.
      The
      execution, delivery and performance of this Agreement and the other Loan
      Documents, the borrowings hereunder and the use of the proceeds thereof will
      not
      violate any Requirement of Law or any material Contractual Obligation of the
      MLP, the Borrowers or their respective Subsidiaries and will not result in,
      or
      require, the creation or imposition of any Lien on any of their respective
      properties or revenues pursuant to any Requirement of Law or any such
      Contractual Obligation. 

     

    3.6  No
      Material Litigation.
      Except
      as set forth on Schedule
      3.6,
      no
      litigation, investigation or proceeding of or before any arbitrator or
      Governmental Authority is pending or, to the knowledge of any Borrower,
      threatened by or against any Borrower or any Borrower Affiliate, or against
      any
      of its or their respective properties or revenues (a) with respect to any of
      the
      Loan Documents or any of the transactions contemplated hereby or thereby, or
      (b)
      that could reasonably be expected to have a Material Adverse
      Effect.

     

    3.7  No
      Default.
      No
      Default or Event of Default has occurred and is continuing.

     

    3.8  Ownership
      of Property; Liens.
      Each of
      the MLP, the Borrowers and each of their respective Subsidiaries has title
      in
      fee simple to, or a valid leasehold interest in, or a right of way or easement
      in all real property used or necessary for, and material to, the conduct of
      its
      business, and good title to, or a valid leasehold interest in, all its other
      Property used or necessary for, and material to, the conduct of its business,
      and none of such Property is subject to any Lien except as permitted by
Section
      7.2.

     

    3.9  Taxes.
      Each of
      the MLP, the Borrowers and each of their respective Subsidiaries has filed
      or
      caused to be filed all Federal, state and other material tax returns that are
      required to be filed and has paid all taxes shown to be due and payable on
      said
      returns or on any assessments made against it or any of its Property and all
      other taxes, fees or other charges imposed on it or any of its Property by
      any
      Governmental Authority (other than any the amount or validity of which are
      currently being contested in good faith by appropriate proceedings and with
      respect to which reserves in conformity with GAAP have been provided on the
      books of the MLP, the Borrowers and their respective Subsidiaries or any amount
      the failure to pay could not reasonably be expected to have a Material Adverse
      Effect); and no tax Lien has been filed, and, to the knowledge of any Borrower,
      no claim is being asserted, with respect to any such tax, fee or other
      charge.

     

    3.10  ERISA.
      Neither
      a Reportable Event nor an “accumulated funding deficiency” (within the meaning
      of Section 412 of the Code or Section 302 of ERISA) has occurred during the
      five
      year period prior to the date on which this representation is made or deemed
      made with respect to any Plan, and each Plan has complied in all respects with
      the applicable provisions of ERISA and the Code, except any such failures to
      comply that could not reasonably be expected to have a Material Adverse Effect.
      No termination of a Single Employer Plan has occurred under Section 4041(c)
      or
      Section 4042 of ERISA, and no Lien in favor of the PBGC or a Plan has arisen,
      during such five-year period. The present value of all accrued benefits under
      each Single Employer Plan (based on those assumptions used to fund such Plans)
      did not, as of the last annual valuation date prior to the date on which this
      representation is made or deemed made, exceed the value of the assets of such
      Plan allocable to such accrued benefits by an amount that could reasonably
      be
      expected to have a Material Adverse Effect. Neither the Parent Borrower nor
      any
      Commonly Controlled Entity has had a complete or partial withdrawal from any
      Multiemployer Plan that has resulted or could reasonably be expected to result
      in a material liability under ERISA, and neither the Parent Borrower nor any
      Commonly Controlled Entity would become subject to any liability that could
      reasonably be expected to have a Material Adverse Effect if the Parent Borrower
      or any such Commonly Controlled Entity were to withdraw completely from all
      Multiemployer Plans as of the valuation date most closely preceding the date
      on
      which this representation is made or deemed made. No such Multiemployer Plan
      is
      in Reorganization or Insolvent.

     

    3.11  Use
      of
      Proceeds.
      The
      proceeds of the Loans shall be used solely (a) to refinance all Indebtedness
      and
      other obligations (if any) outstanding under the Existing Credit Agreement,
      (b)
      for the payment of transaction costs, fees and expenses incurred in connection
      with this Agreement and the transactions contemplated hereby and (c) for general
      partnership (or equivalent) purposes. The proceeds of the Letters of Credit
      shall be used solely for general partnership (or equivalent)
      purposes.

     

    3.12  Environmental
      Matters.
      Other
      than exceptions to any of the following that could not, individually or in
      the
      aggregate, reasonably be expected to have a Material Adverse
      Effect:

     

    (a)  Each
      of
      the MLP, the Borrowers and each of their respective Subsidiaries: (i) is, and
      within the period of all applicable statutes of limitation has been, in
      compliance with all applicable Environmental Laws; (ii) holds all Environmental
      Permits (each of which is in full force and effect) required for any of its
      current or intended operations or for any property owned, leased, or otherwise
      operated by it; and (iii) is, and within the period of all applicable statutes
      of limitation has been, in compliance with all of its Environmental
      Permits.

     

    (b)  There
      is
      no judicial, administrative, or arbitral proceeding (including any notice of
      violation or alleged violation) under or relating to any Environmental Law
      to
      which the MLP, the Borrowers or any of their respective Subsidiaries is, or
      to
      the knowledge of any Borrower will be, named as a party that is pending or,
      to
      the knowledge of any Borrower, threatened.

     

    3.13  Accuracy
      of Information, etc.
      No
      statement or information (other than the projections and pro
      forma financial
      information referred to in the following sentence) contained in this Agreement,
      any other Loan Document or any other material document or certificate furnished
      to the Administrative Agent or the Lenders or any of them, by or on behalf
      of
      the MLP, any Borrower or any of their respective Subsidiaries for use in
      connection with the transactions contemplated by this Agreement or the other
      Loan Documents (as modified or supplemented by other information so furnished
      on
      or before the time this representation is made or deemed made with respect
      thereto), contained as of the date such statement, information, document or
      certificate was so furnished, any untrue statement of a material fact or omitted
      to state a material fact necessary in order to make the statements contained
      herein or therein not misleading. The projections and pro
      forma
      financial information contained in the materials referenced above are based
      upon
      good faith estimates and assumptions believed by management of the Parent
      Borrower to be reasonable at the time made, it being recognized by the Lenders
      that such financial information as it relates to future events is not to be
      viewed as fact and that actual results during the period or periods covered
      by
      such financial information may differ from the projected results set forth
      therein by a material amount.

     

    3.14  Solvency.
      Both
      before and after giving effect to (a) the Loans and Letter of Credit Obligations
      to be made or extended on the Effective Date or such other date as Loans and
      Letter of Credit Obligations requested hereunder are made or extended, (b)
      the
      disbursement of the proceeds of such Loans pursuant to the instructions of
      the
      applicable Borrower, and (c) the payment and accrual of all transaction costs
      in
      connection with the foregoing, each Loan Party is Solvent. 

     

    3.15  Subsidiaries;
      Borrower Information.
      (a)
      Set
      forth on Schedule
      3.15(a)
      is a
      complete and accurate list showing, as of the Effective Date, all Subsidiaries
      of the MLP and the Parent Borrower. Schedule
      3.15(a)
      sets
      forth as of the Effective Date the name and jurisdiction of organization of
      each
      such Subsidiary, and as to each such Subsidiary, the percentage of each class
      of
      Capital Stock owned by each Loan Party. As of the Effective Date, there are
      no
      outstanding subscriptions, options, warrants, calls, rights or other agreements
      or commitments (other than stock options granted to employees or directors
      and
      directors’ qualifying shares) of any nature relating to any Capital Stock of the
      MLP, the Borrowers or any of their respective Subsidiaries, except as disclosed
      on Schedule
      3.15(a).

     

    (b)  Schedule
      3.15(b) sets
      forth as of the Effective Date the name, address of principal place of business
      and tax identification number of each Borrower.

     

    3.16  Margin
      Regulations.
      The
      Borrowers are not engaged in the business of extending credit for the purpose
      of
      purchasing or carrying margin stock (within the meaning of Regulation U of
      the
      Federal Reserve Board), and no proceeds of any Loan will be used to purchase
      or
      carry any such margin stock or to extend credit to others for the purpose of
      purchasing or carrying any such margin stock in contravention of Regulation
      T, U
      or X of the Federal Reserve Board.

     

    3.17  Investment
      Company Act.
      None of
      the MLP, any Borrower or any of their respective Subsidiaries is an
“investment
      company”
or
      an
“affiliated
      person”
of,
      or
“promoter”
or
      “principal
      underwriter”
for,
      an
“investment
      company,”
as
      such
      terms are defined in the Investment Company Act of 1940, as
      amended.

     

    3.18  Insurance.
      All
      policies of insurance of any kind or nature of the Parent Borrower or any of
      its
      Subsidiaries, including policies of life, fire, theft, product liability, public
      liability, property damage, other casualty, employee fidelity, workers’
compensation and employee health and welfare insurance, are in full force and
      effect and are of a nature and provide such coverage as is customarily carried
      by businesses of the size and character of such Person.

     

    3.19  Foreign
      Assets Control Regulations, Etc.

     

    (a)  No
      proceeds of the Loans will be used, directly or indirectly, in violation of
      the
      Trading with the Enemy Act, as amended, or any of the foreign assets control
      regulations of the United States Treasury Department (31 CFR, Subtitle B,
      Chapter V, as amended) or any enabling legislation or executive order relating
      thereto.

     

    (b)  None
      of
      the MLP, any Borrower or any of their respective Subsidiaries (i) is, or will
      become, a Person described or designated in the Specially Designated Nationals
      and Blocked Persons List of the Office of Foreign Assets Control or in Executive
      Order No. 13224 on Terrorist Financing, effective September 23, 2001, or (ii)
      engages or will engage in any dealings or transactions, or is or will be
      otherwise associated, with any such Person. The MLP, the Borrowers and their
      respective Subsidiaries are in compliance, in all material respects, with the
      Patriot Act and, to the extent requested by any Lender, have provided such
      information to the Lenders as required by Section
      10.19 (Patriot Act Notice).

     

    (c)  No
      proceeds of the Loans will be used, directly or indirectly, for any payments
      to
      any governmental official or employee, political party, official of a political
      party, candidate for political office, or anyone else acting in an official
      capacity, in order to obtain, retain or direct business or obtain any improper
      advantage, in violation of the United States Foreign Corrupt Practices Act
      of
      1977, as amended, assuming in all cases that such Act applies to the MLP, the
      Borrowers and their respective Subsidiaries.

     

    SECTION
      4.  
      CONDITIONS PRECEDENT

     

    4.1  Conditions
      to Effectiveness.
      The
      effectiveness of this Agreement is subject to the satisfaction (or due waiver
      in
      accordance with Section
      10.1 (Amendments, Waivers, Etc.)),
      prior
      to or concurrently with the Effective Date, of the following conditions
      precedent:

     

    (a)  Loan
      Documents.
      The
      Administrative Agent shall have received (i) this Agreement, executed and
      delivered by a duly authorized officer of the MLP, the Borrowers and the
      Lenders, (ii) for the account of each Lender requesting the same, a Revolving
      Credit Note of the Borrowers conforming to the requirements set forth herein
      and
      (iii) the Guaranty, executed and delivered by a duly authorized officer of
      the
      MLP.

     

    (b)  Fees.
      The
      Lenders, the Administrative Agent and the Arrangers shall have received all
      fees
      required to be paid, and all expenses for which invoices have been presented
      (including reasonable fees, disbursements and other charges of counsel to the
      Administrative Agent), on or before the Effective Date.

     

    (c)  Closing
      Certificate.
      The
      Administrative Agent shall have received a certificate of each Loan Party dated
      the Effective Date, substantially in the form of Exhibit
      B (Form of Closing Certificate),
      with
      (i) a copy of the certificate of limited partnership (or equivalent) of such
      Loan Party, certified as of a recent date by the Secretary of State of the
      State
      of Delaware, together with a certificate of such official attesting to the
      good
      standing of such Loan Party, (ii) a certification by the Secretary or Assistant
      Secretary of such Loan Party (or general partner thereof) of the names and
      true
      signatures of each officer of such Loan Party (or general partner thereof)
      that
      has been authorized to execute and deliver any Loan Document or other document
      required hereunder to be executed and delivered by or on behalf of such Loan
      Party, (iii) the limited partnership agreement (or equivalent) of such Loan
      Party as in effect on the date of such certification, (iv) the resolutions
      and
      consent of such Loan Party’s (or general partner thereof’s) Board of Directors
      approving and authorizing the execution, delivery and performance of this
      Agreement and the other Loan Documents to which it is respectively a party
      and
      (v) a certification that there has been no change to the certificate of limited
      partnership (or equivalent) of such Loan Party delivered pursuant to
clause
      (i)
      above.

     

    (d)  Secretary’s
      Certificate.
      The
      Administrative Agent shall have received a secretary’s certificate of each of
      the BGL and the General Partner dated the Effective Date, with certified copies
      of (i) the certificate of formation or certificate of limited partnership (or
      equivalent) of such Person, certified as of a recent date by the Secretary
      of
      State of the state of organization of such Person, and (ii) the limited
      liability company agreement or limited partnership agreement (or equivalent)
      of
      such Person as in effect on the date of such certification.

     

    (e)  Solvency
      Certificate.
      The
      Administrative Agent and the Lenders shall have received a certification given
      by the chief financial officer of each Borrower in his capacity as such (and
      not
      in his individual capacity), dated the Effective Date, in form and substance
      satisfactory to the Administrative Agent, attesting to the solvency of the
      Borrowers and the MLP after giving effect to the transactions contemplated
      hereby. 

     

    (f)  Legal
      Opinions.
      The
      Administrative Agent shall have received the legal opinions of (i) Vinson &
Elkins LLP, counsel to the Loan Parties, substantially in the form of
Exhibit
      C-1 (Form of Legal Opinion of Vinson & Elkins LLP) and
      (ii)
      Michael McMahon, Esq., General Counsel of the BGL and GS Pipeline Company,
      LLC,
      substantially in the form of Exhibit
      C-2 (Form of Legal Opinion of General Counsel).

     

    (g)  Financial
      Statements.
      The
      Administrative Agent shall have received copies of (i) the audited consolidated
      balance sheets of (A) the Parent Borrower and its Subsidiaries, (B) Texas Gas
      and (C) Gulf South, each as at the end of the year ended December 31, 2005
      and
      the related audited consolidated statements of income and of cash flows for
      such
      year, setting forth in each case in comparative form the figures as of the
      end
      of and for the previous year, reported on without a “going
      concern”
or
      like
      qualification or exception, or qualification arising out of the scope of the
      audit, by independent certified public accountants of nationally recognized
      standing, and (ii) the unaudited consolidated balance sheets of each of (A)
      the
      Parent Borrower and its Subsidiaries, (B) Texas Gas and (C) Gulf South, each
      as
      at March 31, 2006, and the related unaudited consolidated statements of income
      and cash flows for the three-month period ended on such date, reported on
      without a “going
      concern”
or
      like
      qualification or exception, or qualification arising out of the scope of the
      audit, by independent certified public accountants of nationally recognized
      standing (all such financial statements to be complete and correct in all
      material respects and to be prepared in reasonable detail and in accordance
      with
      GAAP applied consistently throughout the periods reflected therein and with
      prior periods (except as approved by such accountants or officer, as the case
      may be, and disclosed therein)).

     

    (h)  Officer’s
      Certificate.
      The
      Administrative Agent shall have received a certificate of a Responsible Officer
      of the Parent Borrower to the effect that the condition set forth in
Section
      4.2(b) (Conditions Precedent to Each Extension of Credit)
      has been
      satisfied. 

     

    (i)  Approvals.
      All
      governmental and third party approvals necessary in connection with this
      Agreement and the transactions contemplated hereby shall have been obtained
      and
      be in full force and effect.

     

    (j)  Refinancing
      of Existing Credit Agreement.
      All
      Existing Revolving Loans and all accrued and unpaid interest, fees, expenses
      and
      other obligations under the Existing Credit Agreement shall have been paid
      in
      full.

     

    4.2  Conditions
      Precedent to Each Extension of Credit.
      The
      obligation of each Lender on any date (including the Effective Date) to make
      any
      Loan and of each Issuer on any date (including the Effective Date) to Issue
      any
      Letter of Credit is subject to the satisfaction (or due waiver in accordance
      with Section
      10.1 (Amendments, Waivers, Etc.))
      of each
      of the following conditions precedent:

     

    (a)  Request
      for Borrowing or Issuance of Letter of Credit.
      With
      respect to any Revolving Loan, the Administrative Agent shall have received
      a
      duly executed Notice of Borrowing, with respect to any Swingline Loan, the
      Administrative Agent shall have received a duly executed Swingline Loan Request,
      and, with respect to any Letter of Credit, the Administrative Agent and the
      Issuer shall have received a duly executed Letter of Credit
      Request.

     

    (b)  Representations
      and Warranties; No Defaults.
      The
      following statements shall be true on the date of such Loan or Issuance, both
      before and after giving effect thereto and, in the case of any Loan, to the
      application of the proceeds thereof:

     

    (i)  the
      representations and warranties set forth in Section
      3 (Representations and Warranties)
      and in
      the other Loan Documents shall be true and correct in all material respects
      on
      and as of any such date with the same effect as though made on and as of such
      date, except (A) to the extent such representations and warranties expressly
      relate to an earlier date, in which case such representations and warranties
      shall have been true and correct in all material respects as of such earlier
      date and (B) the representations and warranties set forth in Sections
      3.2 and
      3.6
shall
      be
      made on and as of the Effective Date only; 

     

    (ii)  no
      Default or Event of Default shall have occurred and be continuing;
      and

     

    (iii)  each
      Borrower’s Revolving Credit Outstandings shall not exceed such Borrower’s
      Revolving Credit Sublimit and the aggregate Revolving Credit Outstandings shall
      not exceed the then effective Revolving Credit Commitments.

     

    (c)  No
      Legal Impediments.
      The
      making of the Loans or the Issuance of such Letter of Credit on such date does
      not violate any Requirement of Law on the date of or immediately following
      such
      Loan or Issuance of such Letter of Credit and is not enjoined, temporarily,
      preliminarily or permanently.

     

    Each
      submission by the applicable Borrower to the Administrative Agent of a Notice
      of
      Borrowing or a Swingline Loan Request and the acceptance by such Borrower of
      the
      proceeds of each Loan requested therein, and each submission by the applicable
      Borrower to an Issuer of a Letter of Credit Request, and the Issuance of each
      Letter of Credit requested therein, shall be deemed to constitute a
      representation and warranty by such Borrower as to the matters specified in
      clause
      (b)
      above on
      the
      date of the making of such Loan or the Issuance of such Letter of
      Credit.

     

    4.3  Determinations
      of Initial Borrowing Conditions.

     

    For
      purposes of determining compliance with the conditions specified in Section
      4.1 (Conditions to Effectiveness), each
      Lender shall be deemed to have consented to, approved, accepted or be satisfied
      with, each document or other matter required thereunder to be consented to
      or
      approved by or acceptable or satisfactory to the Lenders unless an officer
      of
      the Administrative Agent responsible for the transactions contemplated by the
      Loan Documents shall have received notice from such Lender prior to the initial
      Borrowing specifying its objection thereto and such Lender shall not have made
      available to the Administrative Agent such Lender’s Ratable Portion of such
      Borrowing.

     

    4.4  Conditions
      Precedent to Each Incremental Credit Extension Date.

     

    Each
      Revolving Credit Commitment Increase shall not become effective until the
      satisfaction of all of the following conditions precedent:

     

    (a)  The
      Administrative Agent shall have received on or prior to the Incremental Credit
      Extension Date each of the following, each dated as of such Incremental Credit
      Extension Date unless otherwise indicated or agreed to by the Administrative
      Agent and each in form and substance satisfactory to the Administrative
      Agent:

     

    (i)  written
      commitments duly executed by existing Lenders (or their Affiliates or Approved
      Funds) or Eligible Assignees in an aggregate amount equal to the amount of
      the
      proposed Revolving Credit Commitment Increase (as agreed between the Parent
      Borrower and the Administrative Agent but in any case not to exceed, in the
      aggregate, the maximum amount set forth in Section
      2.1(b))
      and, in
      the case of each such Eligible Assignee that is not an existing Lender, an
      assumption agreement in form and substance satisfactory to the Administrative
      Agent and duly executed by the Parent Borrower, the Administrative Agent and
      such Eligible Assignee;

     

    (ii)  an
      amendment to this Agreement (including to Schedule
      I),
      effective as of such Incremental Credit Extension Date and executed by the
      Borrowers and the Administrative Agent, to the extent necessary to implement
      the
      terms and conditions of such Revolving Credit Commitment Increase as agreed
      by
      the Parent Borrower and the Administrative Agent;

     

    (iii)  certified
      copies of resolutions of the Board of Directors of each Loan Party approving
      the
      consummation of such Revolving Credit Commitment Increase and the execution,
      delivery and performance of the corresponding amendments to this Agreement
      and
      the other documents to be executed in connection therewith;

     

    (iv)  a
      favorable opinion of counsel for each Loan Party, addressed to the
      Administrative Agent and the Lenders and in form and substance and from counsel
      reasonably satisfactory to the Administrative Agent; and

     

    (v)  such
      other documents as any Lender participating in such Revolving Credit Commitment
      Increase may require as a condition to its commitment therein.

     

    (b)  There
      shall have been paid to the Administrative Agent, for the account of itself
      and
      the Lenders, as applicable, all fees and expenses (including reasonable fees
      and
      expenses of counsel) due and payable on or before such Incremental Credit
      Extension Date.

     

    (c)  The
      conditions precedent set forth in Section
      4.2(b) shall
      have been satisfied both before and after giving effect to such Revolving Credit
      Commitment Increase.

     

    (d)  Such
      Revolving Credit Commitment Increase shall have been made on the terms and
      conditions set forth in Section
      2.1(b).

     

    SECTION
      5.  
      FINANCIAL COVENANT

     

    Each
      of
      the MLP and the Borrowers hereby agrees that so long as the Revolving Credit
      Commitments remain in effect, any Letter of Credit remains outstanding or any
      Loan or other amount is owing to any Lender, any Issuer or the Administrative
      Agent hereunder, each of the MLP and the Borrowers shall respectively maintain
      on the last day of each Fiscal Quarter a Consolidated Leverage Ratio of not
      more
      than 5.00 to 1.00; provided,
      however,
      that
      each of the MLP and the Borrowers shall be permitted to respectively maintain
      a
      Consolidated Leverage Ratio of not more than 5.50 to 1.00 for a period of three
      consecutive Fiscal Quarters immediately following the consummation of a
      Qualified Acquisition by it or its Subsidiaries.

     

    SECTION
      6.  
      AFFIRMATIVE COVENANTS

     

    Each
      of
      the MLP and the Borrowers hereby agrees that so long as the Revolving Credit
      Commitments remain in effect, any Letter of Credit remains outstanding or any
      Loan or other amount is owing to any Lender, any Issuer or the Administrative
      Agent hereunder, the MLP and the Borrowers shall and shall cause each of their
      respective Subsidiaries to:

     

    6.1  Financial
      Statements.
      Furnish
      to the Administrative Agent and each Lender:

     

    (a)  as
      soon
      as available, but in any event within 90 days after the end of each Fiscal
      Year
      of each of the MLP and the Borrowers, a copy of the audited consolidated balance
      sheet of (i) the MLP and its consolidated Subsidiaries and (ii) each Borrower
      and its consolidated Subsidiaries, each as at the end of such year and the
      related audited consolidated statements of income and of cash flows for such
      year, setting forth in each case in comparative form the figures as of the
      end
      of and for the previous year, reported on without a “going concern” or like
      qualification or exception, or qualification arising out of the scope of the
      audit, by Deloitte & Touche LLP or other independent certified public
      accountants of nationally recognized standing; and

     

    (b)  as
      soon
      as available, but in any event not later than 45 days after the end of each
      of
      the first three quarterly periods of each Fiscal Year of each of the MLP and
      the
      Borrowers, the unaudited consolidated balance sheet of (i) the MLP and its
      consolidated Subsidiaries and (ii) each Borrower and its consolidated
      Subsidiaries, each as at the end of such quarter and the related unaudited
      consolidated statements of income and of cash flows for such quarter and the
      portion of the Fiscal Year through the end of such quarter, setting forth in
      each case in comparative form the figures as of the end of and for the
      corresponding period in the previous year, certified by a Responsible Officer
      of
      the MLP and the Borrowers, as applicable, as being fairly stated in all material
      respects (subject to normal year end audit adjustments and the absence of
      footnotes);

     

    all
      such
      financial statements to be complete and correct in all material respects and
      to
      be prepared in reasonable detail and in accordance with GAAP applied
      consistently throughout the periods reflected therein and with prior periods
      (except as approved by such accountants or officer, as the case may be, and
      disclosed therein).

     

    6.2  Certificates;
      Other Information.
      Furnish
      to the Administrative Agent and each Lender, or, in the case of clause
      (f) below,
      to
      the relevant Lender:

     

    (a)  concurrently
      with the delivery of the financial statements referred to in Section
      6.1(a),
      a
      certificate of the independent certified public accountants reporting on such
      financial statements stating that in making the examination necessary therefor
      no knowledge was obtained of any Default or Event of Default, except as
      specified in such certificate (it being understood that such certificate shall
      be limited to the items that independent certified public accountants are
      permitted to cover in such certificates pursuant to their professional standards
      and customs of the profession);

     

    (b)  concurrently
      with the delivery of any financial statements pursuant to Section
      6.1,
      (i) a
      certificate of a Responsible Officer of the Parent Borrower stating that such
      Responsible Officer has obtained no knowledge of any Default or Event of Default
      except as specified in such certificate and (ii) a compliance certificate of
      a
      Responsible Officer of the Parent Borrower containing all information and
      calculations necessary for determining compliance by the MLP and each Borrower
      with Section
      5 of
      this
      Agreement as of the last day of the Fiscal Quarter or Fiscal Year of the MLP
      or
      such Borrower, as the case may be;

     

    (c)  within
      five days after the same are sent, copies of all financial statements and
      reports that the MLP, any Borrower or any of their respective Subsidiaries
      sends
      to the holders of any class of its debt securities or public equity securities
      and, within five days after the same are filed, copies of all financial
      statements and reports that the MLP, any Borrower or any of their respective
      Subsidiaries may make to, or file with, the SEC;

     

    (d)  as
      soon
      as possible and in any event within ten days of obtaining knowledge thereof,
      notice of any development, event, or condition that, individually or in the
      aggregate with other developments, events or conditions, could reasonably be
      expected to result in a Material Adverse Effect; and

     

    (e)  promptly,
      such additional financial and other information as any Lender may from time
      to
      time reasonably request.

     

    6.3  Payment
      of Obligations.
      Pay,
      discharge or otherwise satisfy at or before maturity or before they become
      delinquent, as the case may be, all its material obligations of whatever nature,
      except where the amount or validity thereof is currently being contested in
      good
      faith by appropriate proceedings and reserves in conformity with GAAP with
      respect thereto have been provided on the books of the Parent Borrower or its
      Subsidiaries, as the case may be, or the failure to pay, discharge or otherwise
      satisfy could not reasonably be expected to have a Material Adverse
      Effect.

     

    6.4  Conduct
      of Business and Maintenance of Existence, etc.
      (a)  (i)
      Preserve, renew and keep in full force and effect its corporate or other
      existence and (ii) take all reasonable action to maintain all rights, privileges
      and franchises necessary or desirable in the normal conduct of its business,
      except, in each case, as otherwise permitted by Section
      7.5
      and
      except, in the case of clause
      (ii)
      above,
      to the extent that failure to do so could not reasonably be expected to have
      a
      Material Adverse Effect; and (b) comply with all Contractual Obligations and
      Requirements of Law, except to the extent that failure to comply therewith
      could
      not, in the aggregate, reasonably be expected to have a Material Adverse
      Effect.

     

    6.5  Maintenance
      of Property; Insurance.
      (a)  Keep
      all Property and systems useful and necessary in its business in good working
      order and condition, ordinary wear and tear excepted and (b) maintain with
      financially sound and reputable insurance companies insurance on all its
      Property in at least such amounts (subject to customary deductibles) and against
      at least such risks (but including in any event public liability and business
      interruption) as are usually insured against in the same general area by
      companies of similar size engaged in the same or a similar
      business.

     

    6.6  Inspection
      of Property; Books and Records; Discussions.
      (a)  Keep
      proper books of records and account in which full, true and correct entries
      in
      conformity in all material respects with GAAP and all Requirements of Law shall
      be made of all dealings and transactions in relation to its business and
      activities and (b) upon reasonable prior notice, permit representatives of
      any
      Lender to visit and inspect any of its properties and examine and make abstracts
      from any of its books and records, at the Borrowers’ expense and at any
      reasonable time and as often as may reasonably be desired and to discuss the
      business, operations, properties and financial and other condition of the MLP,
      the Borrowers and their respective Subsidiaries with officers and employees
      of
      the MLP, the Borrowers and their respective Subsidiaries and with their
      independent certified public accountants.

     

    6.7  Notices.
      Promptly give notice to the Administrative Agent and each Lender
      of:

     

    (a)  the
      occurrence of any Default or Event of Default, as soon as possible and in any
      event, within 5 Business Days after any Borrower knows or has reason to know
      thereof;

     

    (b)  any
      (i)
      default or event of default under any Contractual Obligation of the MLP, any
      Borrower or any of their respective Subsidiaries or (ii) litigation,
      investigation or proceeding which may exist at any time between the MLP, any
      Borrower or any of their respective Subsidiaries and any Governmental Authority,
      that, in either case, if not cured, could reasonably be expected to have a
      Material Adverse Effect; and

     

    (c)  the
      following events, as soon as possible and in any event within 30 days after
      any
      Borrower knows or has reason to know thereof: (i) the occurrence of any
      Reportable Event with respect to any Plan, a failure to make any required
      contribution to a Plan, the creation of any Lien in favor of the PBGC or a
      Plan
      or any withdrawal from, or the termination, Reorganization or Insolvency of,
      any
      Multiemployer Plan or (ii) the institution of proceedings or the taking of
      any
      other action by the PBGC or the Parent Borrower or any Commonly Controlled
      Entity or any Multiemployer Plan with respect to the withdrawal from, or the
      termination, Reorganization or Insolvency of, any Plan.

     

    Each
      notice pursuant to this Section shall be accompanied by a statement of a
      Responsible Officer of the Parent Borrower setting forth details of the
      occurrence referred to therein and stating what action the MLP, the relevant
      Borrower or the relevant Subsidiary proposes to take with respect
      thereto.

     

    6.8  Environmental
      Laws.
      Comply
      with all applicable Environmental Laws, and obtain and comply with any and
      all
      licenses, approvals, notifications, registrations or permits required by
      applicable Environmental Laws, except where the failure to so comply could
      not,
      in the aggregate, reasonably be expected to have a Material Adverse
      Effect.

     

    6.9  Payment
      of Taxes, Etc.
      Pay and
      discharge before the same shall become delinquent, all lawful governmental
      claims, taxes, assessments, charges and levies, except where contested in good
      faith, by proper proceedings and adequate reserves therefor have been
      established on the books of the Parent Borrower or the appropriate Subsidiary
      in
      conformity with GAAP or where the failure to pay could not reasonably be
      expected to have a Material Adverse Effect.

     

    6.10  Use
      of
      Proceeds.
      Use the
      entire amount of the proceeds of the Loans and Letters of Credit as provided
      in
Section
      3.11 (Use of Proceeds).

     

    SECTION
      7.  
      NEGATIVE
      COVENANTS

     

    Each
      of
      the MLP and the Borrowers hereby agrees that, so long as the Revolving Credit
      Commitments remain in effect, any Letter of Credit remains outstanding or any
      Loan or any other amount is owing to any Lender, any Issuer or the
      Administrative Agent hereunder, the MLP and the Borrowers shall not, and shall
      not permit any of their respective Subsidiaries to, directly or
      indirectly:

     

    7.1  Limitations
      on Indebtedness

     

    .
      Permit
      the Parent Borrower or any of the Parent Borrower’s Subsidiaries to create,
      incur, assume or suffer to exist any Indebtedness, except for the
      following:

     

    (a)  Indebtedness
      of the Parent Borrower and the Parent Borrower’s Subsidiaries outstanding on the
      date hereof and listed on Schedule
      7.1;

     

    (b)  Indebtedness
      arising from intercompany loans among the Parent Borrower and its Subsidiaries;
      provided,
      however,
      that,
      in the case of intercompany loans to Subsidiaries, the Investment in such
      intercompany loan to such Subsidiary is permitted under Section
      7.3 (Limitation on Investments);
      and

     

    (c)  additional
      Indebtedness of any Borrower if, at the time of incurring such Indebtedness
      and
      after giving effect thereto, (i) such Borrower shall be in pro
      forma compliance
      with the financial covenant in Section 5, in each case determined as of the
      last
      day of the most recently ended Fiscal Quarter of such Borrower for which
      financial statements have been delivered to the Administrative Agent pursuant
      to
Sections
      6.1(a) or
      (b),
      as
      applicable, and (ii) no Default or Event of Default shall have occurred and
      be
      continuing.

     

    7.2  Limitations
      upon Liens.
      Create,
      incur, assume or suffer to exist any Lien upon any its Property, whether now
      owned or hereafter acquired, except for the following:

     

    (a)  Liens
      with respect to the payment of taxes, assessments or governmental charges in
      each case that are not yet due or that are being contested in good faith by
      appropriate proceedings and, if being contested, with respect to which adequate
      reserves or other appropriate provisions are being maintained to the extent
      required by GAAP;

     

    (b)  Liens
      of
      landlords arising by statute and liens of suppliers, mechanics, carriers,
      materialmen, warehousemen or workmen and other similar Liens, in each case
      (i)
      imposed by law or arising in the ordinary course of business, (ii) for amounts
      not yet due or that are being contested in good faith by appropriate proceedings
      and (iii) if being contested, with respect to which adequate reserves or other
      appropriate provisions are being maintained to the extent required by
      GAAP;

     

    (c)  deposits
      made in the ordinary course of business in connection with workers’
compensation, unemployment insurance or other types of social security benefits
      or to secure the performance of bids, tenders, sales, contracts (other than
      for
      the repayment of borrowed money) and surety, appeal, customs or performance
      bonds;

     

    (d)  encumbrances
      arising by reason of zoning restrictions, easements, licenses, reservations,
      covenants, rights-of-way (including for pipeline purposes), utility easements,
      building restrictions and other similar encumbrances on the use of real property
      not materially detracting from the value of such real property or not materially
      interfering with the ordinary conduct of the business conducted and proposed
      to
      be conducted at such real property;

     

    (e)  encumbrances
      arising under leases or subleases of real property that do not, in the
      aggregate, materially detract from the value of such real property or interfere
      with the ordinary conduct of the business conducted and proposed to be conducted
      at such real property; 

     

    (f)  financing
      statements with respect to a lessor’s rights in and to personal property leased
      to such Person in the ordinary course of such Person’s business other than
      through a Capital Lease;

     

    (g)  Liens
      arising out of judgments and decrees not resulting in an Event of Default under
      Section
      8.1(h);
      and

     

    (h)  any
      other
      Lien if, at the time of, and after giving effect to, the creation or assumption
      of such Lien, the aggregate amount of all Indebtedness of the MLP, the Parent
      Borrower and their respective Subsidiaries secured by all such Liens do not
      exceed 10% of the Consolidated Net Tangible Assets of the Parent Borrower and
      its Subsidiaries.

     

    7.3  Limitation
      on Investments.
      Make or
      maintain, directly or indirectly, any Investment in any Subsidiary that is
      not a
      Wholly Owned Subsidiary or any Joint Venture if any such Subsidiary or Joint
      Venture is subject to any Contractual Obligation restricting or limiting (other
      than any such restriction or limitation contained in the Constituent Documents
      of any such Person that subjects the payment of dividends or the making of
      other
      distributions to the discretion of the Board of Directors of such Person or
      permits dividends or distributions only to the extent of available cash (as
      defined in such Constituent Document)) the payment of dividends or the making
      of
      other distributions to the Parent Borrower, except (a) Investments in any such
      Subsidiary or Joint Venture in an aggregate amount not to exceed $100,000,000
      and (b) Investments in any Joint Venture with a credit rating for such Joint
      Venture’s long-term senior unsecured non-credit enhanced debt of at least BBB-
      by S&P or Baa3 by Moody’s or an equivalent rating from Fitch Ratings
      Ltd.

     

    7.4  Limitation
      on Sale and Lease-Back Transactions.
      Enter
      into any arrangement with any Person providing for the leasing by the Parent
      Borrower or any of its Subsidiaries of real or personal property which has
      been
      or is to be sold or transferred by the Parent Borrower or such Subsidiary to
      such Person or to any other Person to whom funds have been or are to be advanced
      by such Person on the security of such property or rental obligations of the
      Parent Borrower or such Subsidiary (each a “Sale
      and Lease-Back Transactions”),
      except the Parent Borrower and its Subsidiaries may enter into, create, assume
      and suffer to exist Sale and Lease-Back Transactions if at the time of, and
      after giving effect to, such Sale and Lease-Back Transaction, the aggregate
      fair
      market value of all properties covered by Sale and Lease-Back Transactions
      does
      not exceed $100,000,000.

     

    7.5  Fundamental
      Changes.
      Merge
      into or consolidate with any other Person, or permit any other Person to merge
      into or consolidate with it, or sell, transfer, lease or otherwise dispose
      of
      (in one transaction or in a series of transactions) all or substantially all
      of
      its assets, or all or substantially all of the stock of any of its Subsidiaries
      (in each case, whether now owned or hereafter acquired), or liquidate or
      dissolve, except that, if at the time thereof and immediately after giving
      effect thereto no Default shall have occurred and be continuing, (i) any Person
      may merge into the Parent Borrower or a Wholly Owned Subsidiary of the Parent
      Borrower in a transaction in which the Parent Borrower or such Wholly Owned
      Subsidiary, as applicable, is the surviving entity, (ii) any Subsidiary may
      merge into any Subsidiary in a transaction in which the surviving entity is
      a
      Subsidiary; provided,
      however,
      that if
      such merger involves a Subsidiary Borrower, such Subsidiary Borrower shall
      be
      the surviving entity, (iii) any Subsidiary (other than a Subsidiary Borrower)
      may sell, transfer, lease or otherwise dispose of its assets to the Parent
      Borrower or to another Subsidiary and (iv) any Subsidiary (other than a
      Subsidiary Borrower) may liquidate or dissolve if the Parent Borrower determines
      in good faith that such liquidation or dissolution is in the best interests
      of
      the Parent Borrower and is not materially disadvantageous to the
      Lenders.

     

    7.6  Restricted
      Payments.
      Declare
      or make, or agree to pay or make, directly or indirectly, any Restricted
      Payment, except for the following:

     

    (a)  with
      respect to any Fiscal Quarter of the Parent Borrower, the Parent Borrower may
      declare and pay dividends to the MLP within 60 days following the end of such
      Fiscal Quarter in an amount not to exceed the Available Cash for such Fiscal
      Quarter; 

     

    (b)  the
      Parent Borrower may declare and pay dividends with respect to its equity
      interests payable solely in additional shares of its Capital Stock (other than
      any Capital Stock with preferential rights or a stated liquidation or similar
      amount);

     

    (c)  the
      Parent Borrower may repurchase Capital Stock issued after the Effective Date
      funded with proceeds from the issuance of additional Capital Stock or the
      incurrence of Indebtedness permitted hereunder;

     

    (d)  the
      Parent Borrower’s Subsidiaries may make Restricted Payments to the Parent
      Borrower and to Wholly Owned Subsidiaries of the Parent Borrower;
      and

     

    (e)  the
      Parent Borrower may make other Restricted Payments not to exceed $100,000,000
      in
      the aggregate;

     

    provided,
      however,
      that
      the Restricted Payments described in clauses
      (a),
      (b),
      (c)
or
      (e)
above
      shall not be permitted if either (i) an Event of Default or Default shall have
      occurred and be continuing at the date of declaration or payment thereof or
      would result therefrom or (ii) such Restricted Payment is prohibited under
      the
      terms of any Indebtedness (other than the Obligations) of, or Requirement of
      Law
      applicable to, the Parent Borrower or any of its Subsidiaries.

     

    7.7  Limitation
      on Restrictions on Subsidiary Distributions.
      Enter
      into or suffer to exist or become effective any consensual encumbrance or
      restriction on the ability of any Subsidiary of the Parent Borrower to (a)
      make
      Restricted Payments in respect of any Capital Stock of such Subsidiary held
      by,
      or pay any Indebtedness owed to, the Parent Borrower or any other Subsidiary
      of
      the Parent Borrower, (b) make Investments in the Parent Borrower or any other
      Subsidiary of the Parent Borrower or (c) transfer any of its assets to the
      Parent Borrower or any other Subsidiary, except for (i) such encumbrances or
      restrictions existing under or by reason of any restrictions existing under
      the
      Loan Documents and (ii) encumbrances or restrictions contained in, or existing
      by reasons of, any agreement or instrument (A) relating to property existing
      at
      the time of the acquisition thereof, so long as the encumbrance or restriction
      relates only to the property so acquired, (B) relating to any Indebtedness
      of
      any Subsidiary at the time such Subsidiary was merged or consolidated with
      or
      into, or acquired by, the Parent Borrower or a Subsidiary or became a
      Subsidiary, which encumbrance or restriction is not applicable to any Person,
      or
      any properties or assets of any Person, other than such Subsidiary or the
      properties or assets of such Subsidiary and is not created in contemplation
      thereof, (C) effecting a renewal, extension, or refinancing (or successive
      extensions, renewals or refinancings) of Indebtedness issued under an agreement
      referred to in clauses
      (A) or
      (B)
      above,
      so long as the encumbrances or restrictions contained in any such renewal,
      extension, or refinancing agreement are not materially more restrictive than
      the
      encumbrances or restrictions contained in the original agreement, (D)
      constituting restrictions on the sale or other disposition of any property
      as a
      result of a Lien on such property permitted hereunder, (E) with respect to
      clause
      (c) above
      only, constituting provisions contained in agreements or instruments relating
      to
      Indebtedness permitted hereunder that prohibit the transfer of all or
      substantially all of the assets of the obligor under that agreement or
      instrument unless the transferee assumes the obligations of the obligor under
      such agreement or instrument or such assets may be transferred subject to such
      prohibition, (F) constituting any encumbrance or restriction with respect to
      property under an agreement that has been entered into for the disposition
      of
      such property, provided that such disposition is otherwise permitted hereunder
      and (G) constituting any encumbrance or restriction contained in the Constituent
      Documents of any Subsidiary that subjects the payment of dividends or the making
      of other distributions to the discretion of the Board of Directors of such
      Subsidiary or permits dividends or distributions only to the extent of available
      cash (as defined in such Constituent Document).

     

    7.8  Limitation
      on Transactions with Affiliates.
      Enter
      into any transaction, including, without limitation, any purchase, sale, lease
      or exchange of Property, the rendering of any service or the payment of any
      management, advisory or similar fees, with any Affiliate (other than the Parent
      Borrower or a Wholly Owned Subsidiary of the Parent Borrower), except for the
      following:

     

    (a)  any
      transaction that is (i) otherwise permitted under this Agreement, (ii) in
      the ordinary course of business of the Parent Borrower or such Subsidiary,
      and
      (iii) upon fair and reasonable terms no less favorable to the Parent
      Borrower or such Subsidiary, as the case may be, than it would obtain in a
      comparable arm’s length transaction with a Person that is not an
      Affiliate;

     

    (b)  Restricted
      Payments permitted by Section
      7.6;

     

    (c)  the
      payment of dividends and distributions by the MLP to the General Partner
      pursuant to the MLP Partnership Agreement as in effect on the date hereof;
      

     

    (d)  payments
      or reimbursements to the General Partner made pursuant to Section 7.4(b) of
      the
      MLP Partnership Agreement as in effect on the date hereof;

     

    (e)  indemnification
      payments to the General Partner made pursuant to Section 7.7 of the MLP
      Partnership Agreement as in effect on the date hereof; 

     

    (f)  the
      payment of dividends and distributions by the MLP to any Affiliate of the MLP
      that holds limited partnership interests in the MLP; and

     

    (g)  the
      transactions set forth on Schedule 7.8.

     

    7.9  Limitation
      on Lines of Business.
      Enter
      into any business, either directly or through any Subsidiary of the Parent
      Borrower, except for those businesses in which the Parent Borrower and its
      Subsidiaries are engaged on the Effective Date and reasonable extensions
      thereof.

     

    7.10  Accounting
      Changes; Fiscal Year.
      Change
      its (a) accounting treatment and reporting practices or tax reporting treatment,
      except as required by GAAP or any Requirement of Law and disclosed to the
      Lenders and the Administrative Agent or (b) Fiscal Year or Fiscal Quarters,
      except with the consent of the Administrative Agent; provided,
      however,
      that
      the Borrowers shall enter into such amendments to this Agreement as the
      Administrative Agent shall request to reflect such change in its Fiscal Year
      or
      Fiscal Quarters, as applicable, such that the applicable provisions of this
      Agreement affected by such change shall have the same effect (or, in any case,
      be substantively no less favorable to the Lenders, in the determination of
      the
      Administrative Agent) after giving effect thereto as if such change were not
      made. 

     

    7.11  Limitation
      on Modification of Constituent Documents.
      Not
      modify or amend its Constituent Documents, except for modifications and
      amendments that (a) could not reasonably be expected to have a Material Adverse
      Effect and (b) do not materially affect the interests of the Administrative
      Agent and the Lenders under the Loan Documents.

     

    SECTION
      8.  
      EVENTS
      OF DEFAULT

     

    8.1  Events
      of Default.
      If any
      of the following events shall occur and be continuing:

     

    (a)  Any
      Borrower shall fail to pay any principal of any Loan or any Reimbursement
      Obligation when due in accordance with the terms hereof; or any Borrower shall
      fail to pay any interest on any Loan or any Reimbursement Obligation, or any
      other amount payable hereunder or under any other Loan Document, within three
      Business Days after any such interest or other amount becomes due in accordance
      with the terms hereof or thereof; or

     

    (b)  Any
      representation or warranty made or deemed made by any Loan Party herein or
      in
      any other Loan Document or that is contained in any certificate, document or
      financial or other statement furnished by it at any time under or in connection
      with this Agreement or any such other Loan Document shall prove to have been
      inaccurate in any material respect on or as of the date made or deemed made
      or
      furnished; or

     

    (c)  Any
      Loan
      Party shall default in the observance or performance of any agreement contained
      in Section
      5, Section
      6.4(a)
      (with
      respect to the MLP’s and each Borrower’s existence only), Section
      6.7(a),
      Section
      6.10 or
      Section
      7;
      or

     

    (d)  Any
      Loan
      Party shall default in the observance or performance of any other agreement
      contained in this Agreement to be performed by it or any other Loan Document
      (other than as provided in clauses
      (a)
      through
(c)
      of this
Section
      8.1),
      and
      such default shall continue unremedied for a period of 30 days after the earlier
      of (i) the date on which a Responsible Officer of the MLP or any Borrower
      becomes aware of such failure and (ii) the date on which written notice thereof
      shall have been given to the Parent Borrower by the Administrative Agent or
      any
      Lender; or

     

    (e)  (i)
      Any
      Borrower or any Borrower Affiliate shall fail to make any payment on any
      Indebtedness of such Borrower or any such Borrower Affiliate (other than the
      Obligations) or any Guarantee Obligation in respect of Indebtedness of any
      other
      Person, and, in each case, such failure relates to Indebtedness having a
      principal amount of $25,000,000 or more, when the same becomes due and payable
      (whether by scheduled maturity, required prepayment, acceleration, demand or
      otherwise) and such failure continues beyond any period of grace provided with
      respect thereto, (ii) any other event shall occur or condition shall exist
      under
      any agreement or instrument relating to any such Indebtedness, if the effect
      of
      such event or condition is to accelerate the maturity of such Indebtedness,
      (iii) any other event shall occur (other than default in the observance of
      reporting and notice covenants) or condition shall exist under any agreement
      or
      instrument relating to any such Indebtedness, if the effect of such event or
      condition is to permit the acceleration of the maturity of such Indebtedness
      or
      (iv) any such Indebtedness shall become or be declared to be due and payable,
      or
      be required to be prepaid or repurchased (other than by a regularly scheduled
      required prepayment), prior to the stated maturity thereof; or

     

    (f)  (i)
      Any
      Borrower or any Borrower Affiliate shall commence any case, proceeding or other
      action (A) under any existing or future law of any jurisdiction, domestic or
      foreign, relating to bankruptcy, insolvency, reorganization or relief of
      debtors, seeking to have an order for relief entered with respect to it, or
      seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization,
      arrangement, adjustment, winding up, liquidation, dissolution, composition
      or
      other relief with respect to it or its debts, or (B) seeking appointment of
      a
      receiver, trustee, custodian, conservator or other similar official for it
      or
      for all or any substantial part of its assets, or any Borrower or any Borrower
      Affiliate shall make a general assignment for the benefit of its creditors;
      or
      (ii) there shall be commenced against any Borrower or any Borrower Affiliate
      any
      case, proceeding or other action of a nature referred to in clause
      (i)
      above
      that (A) results in the entry of an order for relief or any such adjudication
      or
      appointment or (B) remains undismissed, undischarged or unbonded for a period
      of
      sixty (60) days; or (iii) there shall be commenced against any Borrower or
      any
      Borrower Affiliate any case, proceeding or other action seeking issuance of
      a
      warrant of attachment, execution, distraint or similar process against all
      or
      any substantial part of its assets that results in the entry of an order for
      any
      such relief that shall not have been vacated, discharged, or stayed or bonded
      pending appeal within sixty (60) days from the entry thereof; or (iv) any
      Borrower or any Borrower Affiliate shall take any action in furtherance of,
      or
      indicating its consent to, approval of, or acquiescence in, any of the acts
      set
      forth in clause
      (i),
      (ii),
      or
(iii)
      above;
      or (v) any Borrower or any Borrower Affiliate shall generally not, or shall
      be
      unable to, or shall admit in writing its inability to, pay its debts as they
      become due; or

     

    (g)  (i)
      Any
      Person shall engage in any “prohibited
      transaction”
(as
      defined in Section 406 of ERISA or Section 4975 of the Code) involving any
      Plan
      which has not been corrected within the taxable period as defined in §4975 of
      the Code, (ii) any “accumulated
      funding deficiency”
(as
      defined in Section 302 of ERISA), whether or not waived, shall exist with
      respect to any Plan, or any Lien in favor of the PBGC or a Plan shall arise
      on
      the assets of the Parent Borrower or any Commonly Controlled Entity, (iii)
      a
      Reportable Event shall occur with respect to, or proceedings shall commence
      to
      have a trustee appointed, or a trustee shall be appointed, to administer or
      to
      terminate, any Single Employer Plan, which Reportable Event or commencement
      of
      proceedings or appointment of a trustee is, in the reasonable opinion of the
      Required Lenders, likely to result in the termination of such Plan for purposes
      of Title IV of ERISA, (iv) any Single Employer Plan shall terminate for purposes
      of Title IV of ERISA, (v) the Parent Borrower or any Commonly Controlled Entity
      shall, or in the reasonable opinion of the Required Lenders shall be likely
      to,
      incur any liability in connection with a withdrawal from, or the Insolvency
      or
      Reorganization of, a Multiemployer Plan or (vi) any other event or condition
      shall occur or exist with respect to a Plan; and in each case in clauses
      (i)
      through
(vi)
      above,
      such event or condition, together with all other such events or conditions,
      if
      any, could reasonably be expected to have a Material Adverse Effect;
      or

     

    (h)  One
      or
      more judgments or decrees shall be entered against any Borrower or any Borrower
      Affiliate involving for the Borrowers and the Borrower Affiliates taken as
      a
      whole a liability (not paid or fully covered by insurance as to which the
      relevant insurance company has acknowledged coverage) of $25,000,000 or more
      (or
      in the case of a non-monetary judgment, having a Material Adverse Effect),
      and
      all such judgments or decrees shall not have been vacated, discharged, stayed
      or
      bonded pending appeal within 30 days from the entry thereof; or

     

    (i)  Any
      Change of Control shall occur; or

     

    (j)  Any
      material provision of any Loan Document after delivery thereof shall for any
      reason fail or cease to be valid and binding on, or enforceable against, any
      Loan Party party thereto, or any Loan Party shall so state in
      writing;

     

    then,
      and
      in any such event, (A) if such event is an Event of Default specified in
clause
      (i)
      or
(ii)
      of
paragraph
      (f) above,
      automatically the Revolving Credit Commitments shall immediately terminate
      and
      the Loans (with accrued interest thereon) and all other amounts owing under
      this
      Agreement and the other Loan Documents (including, without limitation, all
      amounts of Letter of Credit Obligations, whether or not the beneficiaries of
      the
      then outstanding Letters of Credit shall have presented the documents required
      thereunder) shall immediately become due and payable, and (B) if such event
      is
      any other Event of Default, either or both of the following actions may be
      taken: (i) with the consent of the Required Lenders, the Administrative Agent
      may, or upon the request of the Required Lenders, the Administrative Agent
      shall, by notice to the Parent Borrower declare the Revolving Credit Commitments
      to be terminated forthwith, whereupon the Revolving Credit Commitments shall
      immediately terminate, and (ii) with the consent of the Required Lenders, the
      Administrative Agent may, or upon the request of the Required Lenders, the
      Administrative Agent shall, by notice to the Parent Borrower, declare the Loans
      hereunder (with accrued interest thereon) and all other amounts owing under
      this
      Agreement and the other Loan Documents (including, without limitation, all
      amounts of Letter of Credit Obligations, whether or not the beneficiaries of
      the
      then outstanding Letters of Credit shall have presented the documents required
      thereunder) to be due and payable forthwith, whereupon the same shall
      immediately become due and payable. 

     

    8.2  Actions
      in Respect of Letters of Credit.
      At any
      time (i) upon the Revolving Credit Termination Date, (ii) after the Revolving
      Credit Termination Date when the aggregate funds on deposit in the Cash
      Collateral Account shall be less than 105% of the Letter of Credit Obligations,
      (iii) as may be required by Section
      2.8 (Mandatory Prepayments),
      and
      (iv) upon the commencement of a Term Out Period, each Borrower shall pay to
      the
      Administrative Agent in immediately available funds at the Administrative
      Agent’s office referred to in Section
      10.8 (Notices, Etc.),
      for
      deposit in the Cash Collateral Account, the amount required that, after such
      payment, the aggregate funds on deposit in the Cash Collateral Account equals
      or
      exceeds 105% of the sum of all of such Borrower’s outstanding Letter of Credit
      Obligations. The Administrative Agent may, from time to time after funds are
      deposited in the Cash Collateral Account, apply funds then held in the Cash
      Collateral Account to the payment of any amounts, in accordance with
Section
      2.12(f) (Payments and Computations),
      as
      shall have become or shall become due and payable by such Borrower to the
      Issuers or Lenders in respect of such Borrower’s Letter of Credit Obligations.
      The Administrative Agent shall promptly give written notice of any such
      application; provided,
      however,
      that
      the failure to give such written notice shall not invalidate any such
      application.

     

    SECTION
      9.  
      THE
      AGENTS

     

    9.1  Authorization
      and Action.

     

    (a)  Each
      Lender and each Issuer hereby appoints Wachovia as the Administrative Agent
      hereunder and each Lender and each Issuer authorizes the Administrative Agent
      to
      take such action as agent on its behalf and to exercise such powers under this
      Agreement and the other Loan Documents as are delegated to the Administrative
      Agent under such agreements and to exercise such powers as are reasonably
      incidental thereto. Without limiting the foregoing, each Lender and each Issuer
      hereby authorizes the Administrative Agent to execute and deliver, and to
      perform its obligations under, each of the Loan Documents to which the
      Administrative Agent is a party, to exercise all rights, powers and remedies
      that the Administrative Agent may have under such Loan Documents.

     

    (b)  As
      to any
      matters not expressly provided for by this Agreement and the other Loan
      Documents (including enforcement or collection), the Administrative Agent shall
      not be required to exercise any discretion or take any action, but shall be
      required to act or to refrain from acting (and shall be fully protected in
      so
      acting or refraining from acting) upon the instructions of the Required Lenders,
      and such instructions shall be binding upon all Lenders and all Issuers;
provided,
      however,
      that
      the Administrative Agent shall not be required to take any action that (i)
      the
      Administrative Agent in good faith believes exposes it to personal liability
      unless the Administrative Agent receives an indemnification satisfactory to
      it
      from the Lenders and the Issuers with respect to such action or (ii) is contrary
      to this Agreement or applicable law. The Administrative Agent agrees to give
      to
      each Lender and each Issuer prompt notice of each notice given to it by any
      Loan
      Party pursuant to the terms of this Agreement or the other Loan
      Documents.

     

    (c)  In
      performing its functions and duties hereunder and under the other Loan
      Documents, the Administrative Agent is acting solely on behalf of the Lenders
      and the Issuers except to the limited extent provided in 2.6(b),
      and its
      duties are entirely administrative in nature. The Administrative Agent does
      not
      assume and shall not be deemed to have assumed any obligation other than as
      expressly set forth herein and in the other Loan Documents or any other
      relationship as the agent, fiduciary or trustee of or for any Lender, Issuer
      or
      holder of any other Obligation. The Administrative Agent may perform any of
      its
      duties under any Loan Document by or through its agents or
      employees.

     

    9.2  Administrative
      Agent’s Reliance, Etc.
      None of
      the Administrative Agent, any of its Affiliates or any of their respective
      directors, officers, agents or employees shall be liable for any action taken
      or
      omitted to be taken by it, him, her or them under or in connection with this
      Agreement or the other Loan Documents, except for its, his, her or their own
      gross negligence or willful misconduct. Without limiting the foregoing, the
      Administrative Agent (a) may treat the payee of any Revolving Credit Note as
      its
      holder until such Revolving Credit Note has been assigned in accordance with
      Section 10.2
      (Assignments and Participations),
      (b) may rely on the Register to the extent set forth in Section 2.6
      (Evidence of Debt),
      (c) may
      consult with legal counsel (including counsel to the Borrowers or any other
      Loan
      Party), independent public accountants and other experts selected by it and
      shall not be liable for any action taken or omitted to be taken in good faith
      by
      it in accordance with the advice of such counsel, accountants or experts, (d)
      makes no warranty or representation to any Lender or Issuer and shall not be
      responsible to any Lender or Issuer for any statements, warranties or
      representations made by or on behalf of the MLP, the Borrowers or any of the
      Borrowers’ Subsidiaries in or in connection with this Agreement or any other
      Loan Document, (e) shall not have any duty to ascertain or to inquire either
      as
      to the performance or observance of any term, covenant or condition of this
      Agreement or any other Loan Document, as to the financial condition of any
      Loan
      Party or as to the existence or possible existence of any Default or Event
      of
      Default, (f) shall not be responsible to any Lender or Issuer for the due
      execution, legality, validity, enforceability, genuineness, sufficiency or
      value
      of, or the attachment, perfection or priority of any Lien created or purported
      to be created under or in connection with, this Agreement, any other Loan
      Document or any other instrument or document furnished pursuant hereto or
      thereto and (g) shall incur no liability under or in respect of this Agreement
      or any other Loan Document by acting upon any notice, consent, certificate
      or
      other instrument or writing (which writing may be a telecopy or electronic
      mail)
      or any telephone message believed by it to be genuine and signed or sent by
      the
      proper party or parties.

     

    9.3  Posting
      of Approved Electronic Communications.

     

    (a)  Each
      of
      the Lenders, the Issuers, the Borrowers and the MLP agree that the
      Administrative Agent may, but shall not be obligated to, make the Approved
      Electronic Communications available to the Lenders and the Issuers by posting
      such Approved Electronic Communications on SyndTrak Online or a substantially
      similar electronic platform chosen by the Administrative Agent to be its
      electronic transmission system (the “Approved
      Electronic Platform”).

     

    (b)  Although
      the Approved Electronic Platform and its primary web portal are secured with
      generally-applicable security procedures and policies implemented or modified
      by
      the Administrative Agent from time to time (including, as of the Effective
      Date,
      a dual firewall and a User ID/Password Authorization System) and the Approved
      Electronic Platform is secured through a single-user-per-deal authorization
      method whereby each user may access the Approved Electronic Platform only on
      a
      deal-by-deal basis, each of the Lenders, the Issuer, the Borrowers and the
      MLP
      acknowledges and agrees that the distribution of material through an electronic
      medium is not necessarily secure and that there are confidentiality and other
      risks associated with such distribution. In consideration for the convenience
      and other benefits afforded by such distribution and for the other consideration
      provided hereunder, the receipt and sufficiency of which is hereby acknowledged,
      each of the Lenders, the Issuers, the Borrowers and the MLP hereby approves
      distribution of the Approved Electronic Communications through the Approved
      Electronic Platform and understands and assumes the risks of such
      distribution.

     

    (C)  THE
      APPROVED ELECTRONIC PLATFORM AND THE APPROVED ELECTRONIC COMMUNICATIONS ARE
      PROVIDED “AS IS” AND “AS AVAILABLE”. NONE OF THE ADMINISTRATIVE AGENT OR ANY OF
      ITS AFFILIATES OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES,
      AGENTS, ADVISORS OR REPRESENTATIVES (THE “AGENT
      AFFILIATES”)
      WARRANT THE ACCURACY, ADEQUACY OR COMPLETENESS OF THE APPROVED ELECTRONIC
      COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM AND EACH EXPRESSLY DISCLAIMS
      LIABILITY FOR ERRORS OR OMISSIONS IN THE APPROVED ELECTRONIC PLATFORM AND THE
      APPROVED ELECTRONIC COMMUNICATIONS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED
      OR
      STATUTORY, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY,
      FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR
      FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY THE AGENT AFFILIATES
      IN
      CONNECTION WITH THE APPROVED ELECTRONIC PLATFORM OR THE APPROVED ELECTRONIC
      COMMUNICATIONS.

     

    (d)  Each
      of
      the Lenders, the Issuers, the Borrowers and the MLP agree that the
      Administrative Agent may, but (except as may be required by applicable law)
      shall not be obligated to, store the Approved Electronic Communications on
      the
      Approved Electronic Platform in accordance with the Administrative Agent’s
      generally-applicable document retention procedures and policies.

     

    9.4  The
      Administrative Agent Individually.
      With
      respect to its Ratable Portion, Wachovia shall have and may exercise the same
      rights and powers hereunder and is subject to the same obligations and
      liabilities as and to the extent set forth herein for any other Lender. The
      terms “Lenders”,
      “Required
      Lenders”
and
      any
      similar terms shall, unless the context clearly otherwise indicates, include,
      without limitation, the Administrative Agent in its individual capacity as
      a
      Lender or as one of the Required Lenders. Wachovia and its Affiliates may accept
      deposits from, lend money to, and generally engage in any kind of banking,
      trust
      or other business with, any Loan Party as if Wachovia were not acting as the
      Administrative Agent.

     

    9.5  Lender
      Credit Decision.
      Each
      Lender and each Issuer acknowledges that it shall, independently and without
      reliance upon the Administrative Agent or any other Lender, conduct its own
      independent investigation of the financial condition and affairs of the
      Borrowers and each other Loan Party in connection with the making and
      continuance of the Loans and with the issuance of the Letters of Credit. Each
      Lender and each Issuer also acknowledges that it shall, independently and
      without reliance upon the Administrative Agent or any other Lender and based
      on
      such documents and information as it shall deem appropriate at the time,
      continue to make its own credit decisions in taking or not taking action under
      this Agreement and other Loan Documents. Except for documents expressly required
      by any Loan Document to be transmitted by the Administrative Agent to the
      Lenders or the Issuers, the Administrative Agent shall not have any duty or
      responsibility to provide any Lender or any Issuer with any credit or other
      information concerning the business, prospects, operations, property, financial
      and other condition or creditworthiness of any Loan Party or any Affiliate
      of
      any Loan Party that may come into the possession of the Administrative Agent
      or
      any Affiliate thereof or any employee or agent of any of the
      foregoing.

     

    9.6  Indemnification.
      Each
      Lender agrees to indemnify the Administrative Agent and each of its Affiliates,
      and each of their respective directors, officers, employees, agents and advisors
      (to the extent not reimbursed by the Borrowers), from and against such Lender’s
      aggregate Ratable Portion of any and all liabilities, obligations, losses,
      damages, penalties, actions, judgments, suits, costs, expenses and disbursements
      (including fees, expenses and disbursements of financial and legal advisors)
      of
      any kind or nature whatsoever that may be imposed on, incurred by, or asserted
      against, the Administrative Agent or any of its Affiliates, directors, officers,
      employees, agents and advisors in any way relating to or arising out of this
      Agreement or the other Loan Documents or any action taken or omitted by the
      Administrative Agent under this Agreement or the other Loan Documents;
provided,
      however,
      that no
      Lender shall be liable for any portion of such liabilities, obligations, losses,
      damages, penalties, actions, judgments, suits, costs, expenses or disbursements
      resulting from the Administrative Agent’s or such Affiliate’s gross negligence
      or willful misconduct. Without limiting the foregoing, each Lender agrees to
      reimburse the Administrative Agent promptly upon demand for its ratable share
      of
      any out-of-pocket expenses (including fees, expenses and disbursements of
      financial and legal advisors) incurred by the Administrative Agent in connection
      with the preparation, execution, delivery, administration, modification,
      amendment or enforcement (whether through negotiations, legal proceedings or
      otherwise) of, or legal advice in respect of its rights or responsibilities
      under, this Agreement or the other Loan Documents, to the extent that the
      Administrative Agent is not reimbursed for such expenses by the Borrowers or
      another Loan Party.

     

    9.7  Successor
      Administrative Agent.
      The
      Administrative Agent may resign at any time by giving written notice thereof
      to
      the Lenders and the Parent Borrower. Upon any such resignation, the Required
      Lenders shall have the right to appoint a successor Administrative Agent. If
      no
      successor Administrative Agent shall have been so appointed by the Required
      Lenders, and shall have accepted such appointment, within 30 days after the
      retiring Administrative Agent’s giving of notice of resignation, then the
      retiring Administrative Agent may, on behalf of the Lenders, appoint a successor
      Administrative Agent, selected from among the Lenders. In either case, such
      appointment shall be subject to the prior written approval of the Parent
      Borrower (which approval may not be unreasonably withheld and shall not be
      required upon the occurrence and during the continuance of an Event of Default).
      Upon the acceptance of any appointment as Administrative Agent by a successor
      Administrative Agent, such successor Administrative Agent shall succeed to,
      and
      become vested with, all the rights, powers, privileges and duties of the
      retiring Administrative Agent, and the retiring Administrative Agent shall
      be
      discharged from its duties and obligations under this Agreement and the other
      Loan Documents. Prior to any retiring Administrative Agent’s resignation
      hereunder as Administrative Agent, the retiring Administrative Agent shall
      take
      such action as may be reasonably necessary to assign to the successor
      Administrative Agent its rights as Administrative Agent under the Loan
      Documents. After such resignation, the retiring Administrative Agent shall
      continue to have the benefit of this Section
      9
      as to
      any actions taken or omitted to be taken by it while it was Administrative
      Agent
      under this Agreement and the other Loan Documents. On the Effective Date, the
      Existing Administrative Agent shall be deemed to have resigned as the
      administrative agent under the Existing Credit Agreement and Wachovia shall
      be
      appointed as the successor Administrative Agent hereunder. On and after the
      Effective Date, the Existing Administrative Agent shall continue to have the
      benefit of this Section
      9
      as to
      any actions taken or omitted to be taken by it while it was administrative
      agent
      under the Existing Credit Agreement and the other Loan Documents (as defined
      in
      the Existing Credit Agreement). 

     

    9.8  The
      Arrangers; the Syndication Agent; the Co-Documentation Agents.
      None of
      the Arrangers, the Syndication Agent or the Co-Documentation Agents, in their
      respective capacities as such, shall have any duties or responsibilities, and
      shall incur no liability, under this Agreement and the other Loan
      Documents.

     

    SECTION
      10.  
      MISCELLANEOUS

     

    10.1  Amendments,
      Waivers, Etc.

     

    (a)  No
      amendment or waiver of any provision of this Agreement or any other Loan
      Document nor consent to any departure by any Loan Party therefrom shall in
      any
      event be effective unless the same shall be in writing and (x) in the case
      of
      any such waiver or consent, signed by the Required Lenders (or by the
      Administrative Agent with the consent of the Required Lenders) and (y) in the
      case of any other amendment, by the Required Lenders (or by the Administrative
      Agent with the consent of the Required Lenders) and the Borrowers, and then
      any
      such waiver or consent shall be effective only in the specific instance and
      for
      the specific purpose for which given; provided,
      however,
      that no
      amendment, waiver or consent shall, unless in writing and signed by each Lender
      directly affected thereby, in addition to the Required Lenders (or the
      Administrative Agent with the consent thereof), do any of the
      following:

     

    (i)  waive
      any
      condition specified in Section
      4.1 (Conditions to Effectiveness) or
      Section 4.2
      (Conditions Precedent to Each Extension of Credit),
      except
      with respect to a condition based upon another provision hereof, the waiver
      of
      which requires only the concurrence of the Required Lenders and, in the case
      of
      the conditions specified in Section
      4.1 (Conditions to Effectiveness),
      subject
      to the provisions of Section
      4.3 (Determination of Initial Borrowing Conditions);

     

    (ii)  increase
      the Revolving Credit Commitment of such Lender or subject such Lender to any
      additional obligation; 

     

    (iii)  extend
      the scheduled final maturity of any Loan owing to such Lender or the Revolving
      Credit Termination Date or the Final Maturity Date, or waive, reduce or postpone
      any scheduled date fixed for the payment or reduction of principal or interest
      of any such Loan or fees owing to such Lender (it being understood that
Section
      2.8 (Mandatory Prepayments)
      does not
      provide for scheduled dates fixed for payment) or for the reduction of such
      Lender’s Revolving Credit Commitment, except as provided in Section
      2.18;

     

    (iv)  reduce,
      or release any Borrower from its obligations to repay, the principal amount
      of
      any Loan or Reimbursement Obligation owing to such Lender (other than by the
      payment or prepayment thereof);

     

    (v)  reduce
      the rate of interest on any Loan or Reimbursement Obligation outstanding and
      owing to such Lender or any fee payable hereunder to such Lender;

     

    (vi)  postpone
      any scheduled date fixed for payment of interest or fees owing to such Lender
      or
      waive any such payment;

     

    (vii)  change
      the aggregate Ratable Portions of Lenders required for any or all Lenders to
      take any action hereunder;

     

    (viii)  release
      any Borrower from its payment obligation to such Lender under this Agreement
      or
      the Revolving Credit Notes owing to such Lender (if any) or release the MLP
      from
      its obligations under the Guaranty; or

     

    (ix)  amend
      Section
      10.7 (Sharing of Payments, Etc.),
      this
Section 10.1
      or
      either definition of the terms “Required
      Lenders”
or
      “Ratable
      Portion”;

     

    and
      provided,
      further,
      that
      (w) no amendment, waiver or consent shall, unless in writing and signed by
      any
      Special Purpose Vehicle that has been granted an option pursuant to Section
      10.2(e) (Assignments
      and Participations),
      affect
      the grant or nature of such option or the right or duties of such Special
      Purpose Vehicle hereunder, (x) no amendment, waiver or consent shall, unless
      in
      writing and signed by the Administrative Agent in addition to the Lenders
      required above to take such action, affect the rights or duties of the
      Administrative Agent under this Agreement or the other Loan Documents, (y)
      no
      amendment, waiver or consent shall, unless in writing and signed by the Issuer
      in addition to the Lenders required above to take such action, affect the rights
      or duties of the Issuer under this Agreement or the other Loan Documents and
      (z)
      no amendment, waiver or consent shall, unless in writing and signed by the
      Swingline Lender in addition to the Lenders required above to take such action,
      affect the rights or duties of the Swingline Lender under this Agreement or
      the
      other Loan Documents; and provided,
      further,
      that the
      Administrative Agent may, with the consent of the Parent Borrower, amend, modify
      or supplement this Agreement to cure any ambiguity, omission, defect or
      inconsistency, so long as such amendment, modification or supplement does not
      adversely affect the rights of any Lender or Issuer; and provided,
      further,
      that
      the Borrowers and the Administrative Agent may enter into any amendment
      necessary to implement the terms of a Revolving Credit Commitment Increase
      or a
      conversion of Revolving Loans to Term Loans in accordance with the terms of
      this
      Agreement without the consent of any Lender; and provided,
      further,
      that
      the Borrowers and the Administrative Agent may enter into any amendment
      contemplated by Section
      7.10
      without
      the consent of any Lender.

     

    (b)  The
      Administrative Agent may, but shall have no obligation to, with the written
      concurrence of any Lender, execute amendments, modifications, waivers or
      consents on behalf of such Lender. Any waiver or consent shall be effective
      only
      in the specific instance and for the specific purpose for which it was given.
      No
      notice to or demand on the Borrowers in any case shall entitle the Borrowers
      to
      any other or further notice or demand in similar or other
      circumstances.

     

    10.2  Assignments
      and Participations.

     

    (a)  Each
      Lender may sell, transfer, negotiate or assign to one or more Eligible Assignees
      all or a portion of its rights and obligations hereunder (including all of
      its
      rights and obligations with respect to the Loans and the Letters of Credit);
      provided,
      however,
      that
      (i) if any such assignment shall be of the assigning Lender’s Revolving Credit
      Outstandings and Revolving Credit Commitments, such assignment shall cover
      the
      same percentage of such Lender’s Revolving Credit Outstandings and Revolving
      Credit Commitments, (ii) if any such assignment shall be of the assigning
      Lender’s Revolving Credit Outstandings, such assignment shall cover a ratable
      amount of each Borrower’s Revolving Credit Outstandings, (iii) the aggregate
      amount being assigned pursuant to each such assignment (determined as of the
      date of the Assignment and Acceptance with respect to such assignment) shall
      in
      no event (if less than the assignor’s entire interest) be less than $5,000,000
      or an integral multiple of $1,000,000 in excess thereof, except, in either
      case,
      (A) with the consent of the Parent Borrower and the Administrative Agent or
      (B)
      if such assignment is being made to a Lender or an Affiliate or Approved Fund
      of
      such Lender, and (iv) if such Eligible Assignee is not, prior to the date of
      such assignment, a Lender or an Affiliate or Approved Fund of a Lender, such
      assignment shall be subject to the prior consent of the Administrative Agent
      and
      the Parent Borrower (which consents shall not be unreasonably withheld or
      delayed); and provided,
      further,
      that,
      notwithstanding any other provision of this Section
      10.2,
      the
      consent of the Parent Borrower shall not be required for any assignment
      occurring when any Event of Default shall have occurred and be
      continuing.

     

    (b)  The
      parties to each such assignment shall execute and deliver to the Administrative
      Agent, for its acceptance and recording in the Register, an Assignment and
      Acceptance, together with any Revolving Credit Note (if the assigning Lender’s
      Revolving Loans are evidenced by a Revolving Credit Note) subject to such
      assignment. Upon the execution, delivery, acceptance and recording in the
      Register of any Assignment and Acceptance and, other than in respect of
      assignments made pursuant to
      Section 2.16 (Substitution of Lenders),
      the
      receipt by the Administrative Agent from the assignee of an assignment fee
      in
      the amount of $3,500 from and after the effective date specified in such
      Assignment and Acceptance, (i) the assignee thereunder shall become a party
      hereto and, to the extent that rights and obligations under the Loan Documents
      have been assigned to such assignee pursuant to such Assignment and Acceptance,
      have the rights and obligations of a Lender and, if such Lender were an Issuer,
      of such Issuer hereunder and thereunder, and (ii) the Revolving Credit Notes
      (if
      any) corresponding to the Loans assigned thereby shall be transferred to such
      assignee by notation in the Register and (iii) the assignor thereunder
      shall, to the extent that rights and obligations under this Agreement have
      been
      assigned by it pursuant to such Assignment and Acceptance, relinquish its rights
      (except for those surviving the payment in full of the Obligations) and be
      released from its obligations under the Loan Documents, other than those
      relating to events or circumstances occurring prior to such assignment (and,
      in
      the case of an Assignment and Acceptance covering all or the remaining portion
      of an assigning Lender’s rights and obligations under the Loan Documents, such
      Lender shall cease to be a party hereto).

     

    (c)  The
      Administrative Agent shall maintain at its address referred to in Section
      10.8 (Notices, Etc.) a
      copy of
      each Assignment and Acceptance delivered to and accepted by it and shall record
      in the Register the names and addresses of the Lenders and Issuers and the
      principal amount of the Loans or Reimbursement Obligation owing to each Lender
      from time to time and the Revolving Credit Commitments of each Lender. Any
      assignment pursuant to this
      Section 10.2
      shall
      not be effective until such assignment is recorded in the Register.

     

    (d)  Upon
      its
      receipt of an Assignment and Acceptance executed by an assigning Lender and
      an
      assignee, the Administrative Agent shall, if such Assignment and Acceptance
      has
      been completed, (i) accept such Assignment and Acceptance, (ii) record or cause
      to be recorded the information contained therein in the Register and (iii)
      give
      prompt notice thereof to the Parent Borrower. Within five Business Days after
      the Parent Borrower’s receipt of such notice, the Borrowers, at their own
      expense, shall, if requested by such assignee, execute and deliver to the
      Administrative Agent new Revolving Credit Notes to the order of such assignee
      in
      an amount equal to the Revolving Credit Commitments and Revolving Loans assumed
      by it pursuant to such Assignment and Acceptance and, if the assigning Lender
      has surrendered any Revolving Credit Note for exchange in connection with the
      assignment and has retained Commitments or Revolving Loans hereunder, new
      Revolving Credit Notes to the order of the assigning Lender in an amount equal
      to the Revolving Credit Commitments and Revolving Loans retained by it
      hereunder. Such new Revolving Credit Notes shall be dated the same date as
      the
      surrendered Revolving Credit Notes and be in substantially the form of
Exhibit
      E (Form of Revolving Credit Note).

     

    (e)  In
      addition to the other assignment rights provided in this Section 10.2,
      each
      Lender may do each of the following:

     

    (i)  grant
      to
      a Special Purpose Vehicle the option to make all or any part of any Loan that
      such Lender would otherwise be required to make hereunder and the exercise
      of
      such option by any such Special Purpose Vehicle and the making of Loans pursuant
      thereto shall satisfy (once and to the extent that such Loans are made) the
      obligation of such Lender to make such Loans thereunder; provided,
      however,
      that
      (x) nothing herein shall constitute a commitment or an offer to commit by
      such a Special Purpose Vehicle to make Loans hereunder and no such Special
      Purpose Vehicle shall be liable for any indemnity or other Obligation (other
      than the making of Loans for which such Special Purpose Vehicle shall have
      exercised an option, and then only in accordance with the relevant option
      agreement) and (y) such Lender’s obligations under the Loan Documents shall
      remain unchanged, such Lender shall remain responsible to the other parties
      for
      the performance of its obligations under the terms of this Agreement and shall
      remain the holder of the Obligations for all purposes hereunder;
      and

     

    (ii)  assign,
      as collateral or otherwise, any of its rights under this Agreement, whether
      now
      owned or hereafter acquired (including rights to payments of principal or
      interest on the Loans), to (A) without notice to or consent of the
      Administrative Agent or the Borrowers, any Federal Reserve Bank (pursuant to
      Regulation A of the Federal Reserve Board) and (B) without consent of the
      Administrative Agent or the Borrowers, (1) any holder of, or trustee for the
      benefit of, the holders of such Lender’s Securities and (2) any Special Purpose
      Vehicle to which such Lender has granted an option pursuant to clause
      (i) above;

     

    provided,
      however,
      that no
      such assignment or grant shall release such Lender from any of its obligations
      hereunder except as expressly provided in clause
      (i) above.
      Each
      party hereto acknowledges and agrees that, prior to the date that is one year
      and one day after the payment in full of all outstanding commercial paper or
      other senior debt of any such Special Purpose Vehicle, such party shall not
      institute against, or join any other Person in instituting against, any Special
      Purpose Vehicle that has been granted an option pursuant to this clause
      (e)
      any
      bankruptcy, reorganization, insolvency or liquidation proceeding (such agreement
      shall survive the payment in full of the Obligations). The terms of the
      designation of, or assignment to, such Special Purpose Vehicle shall not
      restrict such Lender’s ability to, or grant such Special Purpose Vehicle the
      right to, consent to any amendment or waiver to this Agreement or any other
      Loan
      Document or to the departure by the Borrowers from any provision of this
      Agreement or any other Loan Document without the consent of such Special Purpose
      Vehicle except, as long as the Administrative Agent, the Lenders and the Issuers
      shall continue to, and shall be entitled to continue to, deal solely and
      directly with such Lender in connection with such Lender’s obligations under
      this Agreement, to the extent any such consent would reduce the principal amount
      of, or the rate of interest on, any Obligations, amend this clause
      (e)
      or
      postpone any scheduled date of payment of such principal or interest. Each
      Special Purpose Vehicle shall be entitled to the benefits of Sections
      2.14
      (Capital
      Adequacy)
      and
2.15
      (Taxes)
      as if it
      were such Lender; provided,
      however,
      that
      anything herein to the contrary notwithstanding, no Borrower shall, at any
      time,
      be obligated to make under 2.14
      (Capital
      Adequacy)
      or
2.15
      (Taxes)
      to any
      such Special Purpose Vehicle and any such Lender any payment in excess of the
      amount such Borrower would have been obligated to pay to such Lender in respect
      of such interest if such Special Purpose Vehicle had not been assigned the
      rights of such Lender hereunder; and provided,
      further,
      that
      such Special Purpose Vehicle shall have no direct right to enforce any of the
      terms of this Agreement against the Borrowers, the Administrative Agent or
      the
      other Lenders.

     

    (f)  Each
      Lender may sell participations to one or more Persons in or to all or a portion
      of its rights and obligations under the Loan Documents (including all its rights
      and obligations with respect to the Loans and Letters of Credit). The terms
      of
      such participation shall not, in any event, require the participant’s consent to
      any amendments, waivers or other modifications of any provision of any Loan
      Documents, the consent to any departure by any Loan Party therefrom, or to
      the
      exercising or refraining from exercising any powers or rights such Lender may
      have under or in respect of the Loan Documents (including the right to enforce
      the obligations of the Loan Parties), except if any such amendment, waiver
      or
      other modification or consent would reduce the amount, or postpone any date
      fixed for, any amount (whether of principal, interest or fees) payable to such
      participant under the Loan Documents, to which such participant would otherwise
      be entitled under such participation. In the event of the sale of any
      participation by any Lender, (w) such Lender’s obligations under the Loan
      Documents shall remain unchanged, (x) such Lender shall remain solely
      responsible to the other parties for the performance of such obligations, (y)
      such Lender shall remain the holder of such Obligations for all purposes of
      this
      Agreement and (z) the Borrowers, the Administrative Agent and the other Lenders
      shall continue to deal solely and directly with such Lender in connection with
      such Lender’s rights and obligations under this Agreement. Each participant
      shall be entitled to the benefits of Sections
      2.14
      (Capital
      Adequacy)
      and
2.15
      (Taxes)
      as if it
      were a Lender; provided,
      however,
      that
      anything herein to the contrary notwithstanding, no Borrower shall, at any
      time,
      be obligated to make under 2.14
      (Capital
      Adequacy)
      or
 2.15
      (Taxes)
      to
      the
      participants in the rights and obligations of any Lender (together with such
      Lender) any payment in excess of the amount such Borrower would have been
      obligated to pay to such Lender in respect of such interest had such
      participation not been sold and provided,
      further,
      that
      such participant in the rights and obligations of such Lender shall have no
      direct right to enforce any of the terms of this Agreement against the
      Borrowers, the Administrative Agent or the other Lenders.

     

    (g)  Any
      Issuer may at any time assign its rights and obligations hereunder to any other
      Lender by an instrument in form and substance satisfactory to the Parent
      Borrower, the Administrative Agent, such Issuer and such Lender, subject to
      the
      provisions of Section
      2.6(c) (Evidence of Debt)
      relating
      to notations of transfer in the Register; provided,
      however,
      that
      each such assignment shall be subject to the prior consent of the Parent
      Borrower (which consent shall not be unreasonably withheld or delayed); and
      provided,
      further,
      that,
      notwithstanding the foregoing, the consent of the Parent Borrower shall not
      be
      required for any assignment occurring when any Event of Default shall have
      occurred and be continuing. If any Issuer ceases to be a Lender hereunder by
      virtue of any assignment made pursuant to this Section
      10.2,
      then,
      as of the effective date of such cessation, such Issuer’s obligations to Issue
      Letters of Credit pursuant to Section
      2.3 (Letters of Credit) shall
      terminate and such Issuer shall be an Issuer hereunder only with respect to
      outstanding Letters of Credit issued prior to such date.

     

    10.3  Costs
      and Expenses.

     

    (a)  Each
      Borrower agrees, jointly and severally, upon demand to pay, or reimburse the
      Administrative Agent for, all of the Administrative Agent’s reasonable internal
      and external audit, legal, appraisal, valuation, filing, document duplication
      and reproduction and investigation expenses and for all other reasonable
      out-of-pocket costs and expenses of every type and nature (including the
      reasonable fees, expenses and disbursements of the Administrative Agent’s
      counsel, Weil, Gotshal & Manges LLP, local legal counsel, auditors,
      accountants, appraisers, printers, insurance and environmental advisors, and
      other consultants and agents) incurred by the Administrative Agent in connection
      with any of the following: (i) the Administrative Agent’s audit and
      investigation of the Parent Borrower and its Subsidiaries in connection with
      the
      preparation, negotiation or execution of any Loan Document or the Administrative
      Agent’s periodic audits of the Parent Borrower or any of its Subsidiaries, as
      the case may be, (ii) the preparation, negotiation, execution or interpretation
      of this Agreement (including, without limitation, the satisfaction or attempted
      satisfaction of any condition set forth in Section
      4 (Conditions Precedent)),
      any
      Loan Document or any proposal letter or commitment letter issued in connection
      therewith, or the making of the Loans hereunder, (iii) the ongoing
      administration of this Agreement and the Loans, including consultation with
      attorneys in connection therewith and with respect to the Administrative Agent’s
      rights and responsibilities hereunder and under the other Loan Documents, (iv)
      the protection, collection or enforcement of any Obligation or the enforcement
      of any Loan Document, (v) the commencement, defense or intervention in any
      court
      proceeding relating in any way to the Obligations, any Loan Party, any of the
      Parent Borrower’s Subsidiaries, this Agreement or any other Loan Document, (vi)
      the response to, and preparation for, any subpoena or request for document
      production with which the Administrative Agent is served or deposition or other
      proceeding in which the Administrative Agent is called to testify, in each
      case,
      relating in any way to the Obligations, any Loan Party, any of the Parent
      Borrower’s Subsidiaries, this Agreement or any other Loan Document or (vii) any
      amendment, consent, waiver, assignment, restatement, or supplement to any Loan
      Document or the preparation, negotiation and execution of the same; provided,
      however,
      that
      the Borrowers shall not have any liability under subclauses
      (v) and
      (vi)
      of
      this
Section 10.3(a)
      with
      respect to any costs and expenses that has resulted from the gross negligence
      or
      willful misconduct of the Administrative Agent or the breach by the
      Administrative Agent of its obligations under this Agreement, as determined
      by a
      court of competent jurisdiction in a final non-appealable judgment or
      order.

     

    (b)  Each
      Borrower further agrees, jointly and severally, to pay or reimburse the
      Administrative Agent and each of the Lenders and Issuers upon demand for all
      out-of-pocket costs and expenses, including reasonable attorneys’ fees
      (including allocated costs of internal counsel and costs of settlement),
      incurred by the Administrative Agent, such Lenders or such Issuers in connection
      with any of the following: (i) in enforcing any Loan Document or Obligation
      or
      exercising or enforcing any other right or remedy available by reason of an
      Event of Default, (ii) in connection with any refinancing or restructuring
      of
      the credit arrangements provided hereunder in the nature of a “work-out”
or
      in
      any insolvency or bankruptcy proceeding, (iii) in commencing, defending or
      intervening in any litigation or in filing a petition, complaint, answer, motion
      or other pleadings in any legal proceeding relating to the Obligations, any
      Loan
      Party, any of the Parent Borrower’s Subsidiaries and related to or arising out
      of the transactions contemplated hereby or by any other Loan Document or (iv)
      in
      taking any other action in or with respect to any suit or proceeding (bankruptcy
      or otherwise) described in clause (i),
      (ii)
      or
(iii)
      above;
provided,
      however,
      that
      the Borrowers shall not have any liability under clause
      (iii) of
      this
Section 10.3(b)
      to the
      Administrative Agent, any Lender or any Issuer with respect to any costs and
      expenses that has resulted from the gross negligence or willful misconduct
      of
      the Administrative Agent, such Lender or such Issuer, as applicable, or the
      breach by the Administrative Agent, such Lender or such Issuer, as applicable,
      of its obligations under this Agreement, as determined by a court of competent
      jurisdiction in a final non-appealable judgment or order.

     

    10.4  Indemnities.

     

    (a)  Each
      Borrower agrees, jointly and severally, to indemnify and hold harmless each
      Agent, each Arranger, each Lender, each Issuer and each of their respective
      Affiliates, and each of the directors, officers, employees, agents, trustees,
      representatives, attorneys, consultants and advisors of or to any of the
      foregoing (including those retained in connection with the satisfaction or
      attempted satisfaction of any condition set forth in Section
      4 (Conditions Precedent)) (each
      such Person being an “Indemnitee”)
      from
      and against any and all claims, damages, liabilities, obligations, losses,
      penalties, actions, judgments, suits, costs, disbursements and expenses, joint
      or several, of any kind or nature (including fees, disbursements and expenses
      of
      financial and legal advisors to any such Indemnitee) that may be imposed on,
      incurred by or asserted against any such Indemnitee in connection with or
      arising out of any investigation, litigation or proceeding, whether or not
      such
      investigation, litigation or proceeding is brought by any such Indemnitee or
      any
      of its directors, security holders or creditors or any such Indemnitee,
      director, security holder or creditor is a party thereto, whether direct,
      indirect, or consequential and whether based on any federal, state or local
      law
      or other statutory regulation, securities or commercial law or regulation,
      or
      under common law or in equity, or on contract, tort or otherwise, in any manner
      relating to or arising out of this Agreement, any other Loan Document, any
      Obligation, any Letter of Credit, or any act, event or transaction related
      or
      attendant to any thereof, or the use or intended use of the proceeds of the
      Loans or Letters of Credit or in connection with any investigation of any
      potential matter covered hereby (collectively, the “Indemnified
      Matters”);
      provided,
      however,
      that
      the Borrowers shall not have any liability under this Section 10.4
      to
      an
      Indemnitee with respect to any Indemnified Matter that has resulted from the
      gross negligence or willful misconduct of such Indemnitee or the breach by
      such
      Indemnitee of its obligations under this Agreement, as determined by a court
      of
      competent jurisdiction in a final non-appealable judgment or order.

     

    (b)  Each
      Borrower shall jointly and severally indemnify each Agent, each Arranger, each
      Lender and each Issuer for, and hold the Agents, the Arrangers, the Lenders
      and
      the Issuers harmless from and against, any and all claims for brokerage
      commissions, fees and other compensation made against the Agents, the Arrangers,
      the Lenders and the Issuers for any broker, finder or consultant with respect
      to
      any agreement, arrangement or understanding made by or on behalf of any Loan
      Party or any of the Parent Borrower’s Subsidiaries in connection with the
      transactions contemplated by this Agreement.

     

    (c)  Each
      Borrower, at the request of any Indemnitee, shall have the obligation to defend
      against any investigation, litigation or proceeding, in each case contemplated
      in clause
      (a) above,
      and
      each Borrower, in any event, may participate in the defense thereof with legal
      counsel of such Borrower’s choice. In the event that such indemnitee requests
      such Borrower to defend against such investigation, litigation or proceeding,
      such Borrower shall promptly do so and such Indemnitee shall have the right
      to
      have legal counsel of its choice participate in such defense. No action taken
      by
      legal counsel chosen by such Indemnitee in defending against any such
      investigation, litigation or proceeding shall vitiate or in any way impair
      the
      Borrowers’ obligation and duty hereunder to indemnify and hold harmless such
      Indemnitee.

     

    (d)  Each
      Borrower agrees that any indemnification or other protection provided to any
      Indemnitee pursuant to this Agreement (including pursuant to this
      Section 10.4)
      or any
      other Loan Document shall (i) survive payment in full of the Obligations and
      (ii) inure to the benefit of any Person that was at any time an Indemnitee
      under
      this Agreement or any other Loan Document.

     

    10.5  Limitation
      of Liability.

     

    (a)  Each
      Borrower agrees that no Indemnitee shall have any liability (whether in
      contract, tort or otherwise) to any Loan Party or any of their respective
      Subsidiaries or any of their respective equity holders or creditors for or
      in
      connection with the transactions contemplated hereby and in the other Loan
      Documents, except to the extent such liability is determined in a final
      non-appealable judgment by a court of competent jurisdiction to have resulted
      from such Indemnitee’s gross negligence or willful misconduct or the breach by
      such Indemnitee of its obligations under this Agreement. In no event, however,
      shall any Indemnitee be liable on any theory of liability for any special,
      indirect, consequential or punitive damages (including, without limitation,
      any
      loss of profits, business or anticipated savings). Each of the MLP and the
      Borrowers hereby waives, releases and agrees (each for itself and on behalf
      of
      its Subsidiaries) not to sue upon any such claim for any special, indirect,
      consequential or punitive damages, whether or not accrued and whether or not
      known or suspected to exist in its favor.

     

    (b)  IN
      NO
      EVENT SHALL ANY AGENT AFFILIATE HAVE ANY LIABILITY TO ANY LOAN PARTY, LENDER,
      ISSUER OR ANY OTHER PERSON FOR DAMAGES OF ANY KIND, INCLUDING DIRECT OR
      INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES
      (WHETHER IN TORT OR CONTRACT OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY OR
      ANY
      AGENT AFFILIATE’S TRANSMISSION OF APPROVED ELECTRONIC COMMUNICATIONS THROUGH THE
      INTERNET OR ANY USE OF THE APPROVED ELECTRONIC PLATFORM, EXCEPT TO THE EXTENT
      SUCH LIABILITY OF ANY AGENT AFFILIATE IS FOUND IN A FINAL NON-APPEALABLE
      JUDGMENT BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED PRIMARILY FORM
      SUCH AGENT AFFILIATE’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.

     

    10.6  Right
      of Set-off.
      Upon
      the occurrence and during the continuance of any Event of Default each Lender
      and each Affiliate of a Lender is hereby authorized at any time and from time
      to
      time, to the fullest extent permitted by law, to set off and apply any and
      all
      deposits (general or special, time or demand, provisional or final) at any
      time
      held and other Indebtedness at any time owing by such Lender or its Affiliates
      to or for the credit or the account of any Borrower against any and all of
      the
      Obligations now or hereafter existing whether or not such Lender shall have
      made
      any demand under this Agreement or any other Loan Document and even though
      such
      Obligations may be unmatured. Each Lender agrees promptly to notify the Parent
      Borrower after any such set-off and application made by such Lender or its
      Affiliates; provided,
      however,
      that
      the failure to give such notice shall not affect the validity of such set-off
      and application. The rights of each Lender under this
      Section 10.6
      are in
      addition to the other rights and remedies (including other rights of set-off)
      that such Lender may have.

     

    10.7  Sharing
      of Payments, Etc.

     

    (a)  If
      any
      Lender (directly or through an Affiliate thereof) obtains any payment (whether
      voluntary, involuntary, through the exercise of any right of set-off (including
      pursuant to Section
      10.6 (Right of Set-off)) or
      otherwise) of the Loans owing to it, any interest thereon, fees in respect
      thereof or amounts due pursuant to
      Section 10.3 (Costs and Expenses) or
      10.4
      Indemnities) (other
      than payments pursuant to Section 2.13
      (Special
      Provisions Governing Eurodollar Rate Loans),
      2.14
      (Capital
      Adequacy)
      or
2.15
      (Taxes)
      (in each
      case, whether voluntary, involuntary, through the exercise of any right of
      set-off (including pursuant to Section
      10.6 (Right of Set-off))
      or
      otherwise) in excess of its Ratable Portion of all payments of such Obligations
      obtained by all the Lenders, such Lender (a “Purchasing
      Lender”)
      shall
      forthwith purchase from the other Lenders (each, a “Selling
      Lender”)
      such
      participations in their Loans or other Obligations as shall be necessary to
      cause such Purchasing Lender to share the excess payment ratably with each
      of
      them.

     

    (b)  If
      all or
      any portion of any payment received by a Purchasing Lender is thereafter
      recovered from such Purchasing Lender, such purchase from each Selling Lender
      shall be rescinded and such Selling Lender shall repay to the Purchasing Lender
      the purchase price to the extent of such recovery together with an amount equal
      to such Selling Lender’s ratable share (according to the proportion of (i) the
      amount of such Selling Lender’s required repayment in relation to (ii) the total
      amount so recovered from the Purchasing Lender) of any interest or other amount
      paid or payable by the Purchasing Lender in respect of the total amount so
      recovered.

     

    (c)  Each
      Borrower agrees that any Purchasing Lender so purchasing a participation from
      a
      Selling Lender pursuant to this Section
      10.7
      may, to
      the fullest extent permitted by law, exercise all its rights of payment
      (including the right of set-off) with respect to such participation as fully
      as
      if such Lender were the direct creditor of such Borrower in the amount of such
      participation.

     

    10.8  Notices,
      Etc.

     

    (a)  Addresses
      for Notices.
      All
      notices, demands, requests, consents and other communications provided for
      in
      this Agreement shall be given in writing, and addressed to the party to be
      notified as follows:

     

    (i)  if
      to the
      Borrowers or the MLP:

     

    c/o
      Boardwalk Pipelines, LP

     

    3800
      Frederica Street

     

    Owensboro,
      Kentucky 42301

     

    Attention:
      Jamie Buskill, Chief Financial Officer

     

    Telecopy
      no: (270) 683-5657

     

    with
      a
      copy to:

     

    Loews
      Corporation

     

    667
      Madison Avenue

     

    New
      York,
      New York 10021

     

    Attention:
      Corporate Secretary

     

    Telecopy
      no: (212) 521-2997

     

    and
      a
      further copy to:

     

    Vinson
      & Elkins LLP

    666
      Fifth
      Avenue, 26th Floor

    New
      York,
      New York 10103-0040

    Attention:
      Michael McKay

    Telecopy
      no: (917) 849-5311

    

    (ii)  if
      to any
      Lender, at its Domestic Lending Office specified opposite its name on
Schedule
      II (Applicable Lending Offices) or
      on the
      signature page of any applicable Assignment and Acceptance;

     

    (iii)  if
      to any
      Issuer, at the address set forth under its name on Schedule
      II (Applicable Lending Offices) or
      on the
      signature page of any applicable Assignment and Acceptance; and

     

    (iv)  if
      to the
      Swingline Lender:

     

    Wachovia
      Bank, National Association

    c/o
      Wachovia Securities

    201
      South
      College Street

    Charlotte,
      North Carolina 28288-0680

    Attention:
      Agency Services

    Telecopy
      no.: (704) 383-0288

    

    (v)  if
      to the
      Administrative Agent:

     

    Wachovia
      Bank, National Association

    c/o
      Wachovia Securities

    201
      South
      College Street

    Charlotte,
      North Carolina 28288-0680

    Attention:
      Agency Services

    Telecopy
      no.: (704) 383-0288

    

    with
      a
      copy to:

    

    Wachovia
      Bank, National Association

    c/o
      Wachovia Securities

    301
      South
      College Street

    Charlotte,
      North Carolina 28288-0760

    Attention:
      Allison Newman

    Telecopy
      no.: (704) 383-6647

    

    and
      with
      a further copy to:

     

    Weil,
      Gotshal & Manges LLP

     

    767
      Fifth
      Avenue

     

    New
      York,
      New York 10153-0119

     

    Attention:
      Morgan Bale

     

    Telecopy
      no: (212) 310-8007

     

    or
      at
      such other address as shall be notified in writing (x) in the case of the
      Borrowers, the Administrative Agent and the Swingline Lender, to the other
      parties and (y) in the case of all other parties, to the Borrowers and the
      Administrative Agent.

     

    (b)  Effectiveness
      of Notices.
      All
      notices, demands, requests, consents and other communications described in
      Section
      10.8(a) above
      shall be
      effective (i) if delivered by hand, including any overnight courier service,
      upon personal delivery, (ii) if delivered by mail, when deposited in the mails,
      and (iii) if delivered by posting to an Approved Electronic Platform (to the
      extent permitted by Section
      9.3
      to be
      delivered thereunder), an Internet website or a similar telecommunication device
      requiring a user prior access to such Approved Electronic Platform, website
      or
      other device (to the extent permitted by Section
      9.3
      to be
      delivered thereunder), when such notice, demand, request, consent and other
      communication shall have been made generally available on such Approved
      Electronic Platform, Internet website or similar device to the class of Person
      being notified (regardless of whether any such Person must accomplish, and
      whether or not any such Person shall have accomplished, any action prior to
      obtaining access to such items, including registration, disclosure of contact
      information, compliance with a standard user agreement or undertaking a duty
      of
      confidentiality) and such Person has been notified that such communication
      has
      been posted to the Approved Electronic Platform; provided,
      however,
      that
      notices and communications to the Administrative Agent pursuant to
      Section 2 (Amount and Terms of Commitments) or
      Section
      9 (The Agents)
      shall
      not be effective until received by the Administrative Agent.

     

    (c)  Use
      of Electronic Platform.
      Notwithstanding Sections
      10.8(a) and
      (b) above
      (unless
      the Administrative Agent requests that the provisions of Sections
      10.8(a) and
      (b) above
      be
      followed) and any other provision in this Agreement or any other Loan Document
      providing for the delivery of any Approved Electronic Communication by any
      other
      means the Loan Parties shall deliver all Approved Electronic Communications
      to
      the Administrative Agent by properly transmitting such Approved Electronic
      Communications in an electronic/soft medium in a format acceptable to the
      Administrative Agent to such electronic mail address (or similar means of
      electronic delivery) as the Administrative Agent may notify the Parent Borrower.
      Nothing in this clause
      (c)
      shall
      prejudice the right of the Administrative Agent, any Lender or any Issuer to
      deliver any Approved Electronic Communication to any Loan Party in any manner
      authorized in this Agreement or to request that the Borrowers effect delivery
      in
      such manner.

     

    10.9  No
      Waiver; Remedies.
      No
      failure on the part of any Lender, any Issuer or the Administrative Agent to
      exercise, and no delay in exercising, any right hereunder shall operate as
      a
      waiver thereof; nor shall any single or partial exercise of any such right
      preclude any other or further exercise thereof or the exercise of any other
      right. The remedies herein provided are cumulative and not exclusive of any
      remedies provided by law.

     

    10.10  Binding
      Effect.
      This
      Agreement shall become effective when it shall have been executed by the
      Borrowers, the MLP and the Administrative Agent and when the Administrative
      Agent shall have been notified by each Lender and Issuer that such Lender or
      Issuer has executed it and thereafter shall be binding upon and inure solely
      to
      the benefit of the Borrowers, the MLP, the Administrative Agent and each Lender
      and Issuer and, in each case, their respective successors and assigns;
provided,
      however,
      that
      the Borrowers and the MLP shall not have the right to assign their rights
      hereunder or any interest herein without the prior written consent of the
      Lenders.

     

    10.11  Governing
      Law.
      This
      Agreement and the rights and obligations of the parties hereto shall be governed
      by, and construed and interpreted in accordance with, the law of the State
      of
      New York.

     

    10.12  Submission
      to Jurisdiction; Service of Process.

     

    (a)  Any
      legal
      action or proceeding with respect to this Agreement or any other Loan Document
      may be brought in the courts of the State of New York located in the City of
      New
      York or of the United States of America for the Southern District of New York,
      and, by execution and delivery of this Agreement, each of the MLP and the
      Borrowers hereby accepts for itself and in respect of its property, generally
      and unconditionally, the jurisdiction of the aforesaid courts. The parties
      hereto hereby irrevocably waive any objection, including any objection to the
      laying of venue or based on the grounds of forum
      non conveniens,
      that
      any of them may now or hereafter have to the bringing of any such action or
      proceeding in such respective jurisdictions.

     

    (b)  Each
      of
      the MLP and the Borrowers hereby irrevocably consents to the service of any
      and
      all process in any such action or proceeding by the mailing (by registered
      or
      certified mail, postage prepaid) of copies of such process to the MLP or such
      Borrower at its address specified in
      Section 10.8 (Notices, Etc.).
      Each of
      the MLP and the Borrowers agrees that a final judgment in any such action or
      proceeding shall be conclusive and may be enforced in other jurisdictions by
      suit on the judgment or in any other manner provided by law. 

     

    (c)  Nothing
      contained in this
      Section 10.12 shall
      affect the right of the Administrative Agent or any Lender to serve process
      in
      any other manner permitted by law or commence legal proceedings or otherwise
      proceed against the any Borrower or any other Loan Party in any other
      jurisdiction.

     

    (d)  If
      for
      the purposes of obtaining judgment in any court it is necessary to convert
      a sum
      due hereunder in Dollars into another currency, the parties hereto agree, to
      the
      fullest extent that they may effectively do so, that the rate of exchange used
      shall be that at which in accordance with normal banking procedures the
      Administrative Agent could purchase Dollars with such other currency at the
      spot
      rate of exchange quoted by the Administrative Agent at 11:00 a.m. (New York
      time) on the Business Day preceding that on which final judgment is given,
      for
      the purchase of Dollars, for delivery two Business Days thereafter.

     

    10.13  Waiver
      of Jury Trial.
      EACH
      OF
      THE AGENTS, THE LENDERS, THE ISSUERS, THE BORROWERS AND THE MLP IRREVOCABLY
      WAIVES TRIAL BY JURY IN ANY ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT
      OR ANY OTHER LOAN DOCUMENT.

     

    10.14  Marshaling;
      Payments Set Aside.
      None of
      the Administrative Agent, any Lender or any Issuer shall be under any obligation
      to marshal any assets in favor of the MLP, any Borrower or any other party
      or
      against or in payment of any or all of the Obligations. 

     

    10.15  Section
      Titles.
      The
      section titles contained in this Agreement are and shall be without substantive
      meaning or content of any kind whatsoever and are not a part of the agreement
      between the parties hereto, except when used to reference a section. Any
      reference to the number of a clause, sub-clause or subsection hereof immediately
      followed by a reference in parenthesis to the title of the Section containing
      such clause, sub-clause or subsection is a reference to such clause, sub-clause
      or subsection and not to the entire Section; provided,
      however,
      that,
      in case of direct conflict between the reference to the title and the reference
      to the number of such Section, the reference to the title shall govern absent
      manifest error. If any reference to the number of a Section (but not to any
      clause, sub-clause or subsection thereof) is followed immediately by a reference
      in parenthesis to the title of a Section, the title reference shall govern
      in
      case of direct conflict absent manifest error.

     

    10.16  Execution
      in Counterparts.
      This
      Agreement may be executed in any number of counterparts and by different parties
      in separate counterparts, each of which when so executed shall be deemed to
      be
      an original and all of which taken together shall constitute one and the same
      agreement. Signature pages may be detached from multiple separate counterparts
      and attached to a single counterpart so that all signature pages are attached
      to
      the same document. Delivery of an executed signature page of this Agreement
      by
      facsimile transmission, electronic mail or by posting on the Approved Electronic
      Platform shall be as effective as delivery of a manually executed counterpart
      hereof. A set of the copies of this Agreement signed by all parties shall be
      lodged with the Parent Borrower and the Administrative Agent.

     

    10.17  Entire
      Agreement.
      This
      Agreement, together with all of the other Loan Documents and all certificates
      and documents delivered hereunder or thereunder, embodies the entire agreement
      of the parties and supersedes all prior agreements and understandings relating
      to the subject matter hereof. In the event of any conflict between the terms
      of
      this Agreement and any other Loan Document, the terms of this Agreement shall
      govern.

     

    10.18  Confidentiality.
      Each
      Lender, each Issuer and the Administrative Agent agree to use all reasonable
      efforts to keep information obtained by it pursuant hereto and the other Loan
      Documents confidential in accordance with such Lender’s, such Issuer’s or the
      Administrative Agent’s, as the case may be, customary practices and agrees that
      it shall only use such information in connection with the transactions
      contemplated by this Agreement and not disclose any such information other
      than
      (a) to such Lender’s, such Issuer’s or the Administrative Agent’s, as the case
      may be, employees, Affiliates, representatives and agents, including
      accountants, legal counsel and other advisors, that are or are expected to
      be
      involved in the evaluation of such information in connection with the
      transactions contemplated by this Agreement and are advised of the confidential
      nature of such information, (b) to the extent such information presently is
      or
      hereafter becomes available to such Lender, such Issuer or the Administrative
      Agent, as the case may be, on a non-confidential basis from a source other
      than
      the Parent Borrower or any other Loan Party, (c) to the extent disclosure is
      required by law, regulation or judicial order or requested or required by
      regulatory, governmental or administrative authority (including bank regulators)
      or auditors or self-regulatory body, (d) to the other parties hereto, (e) in
      connection with the exercise of any remedies hereunder or any suit, action
      or
      proceeding relating to this Agreement or any other Loan Document or the
      enforcement of rights hereunder or thereunder or (f) to current or prospective
      assignees, participants and Special Purpose Vehicle grantees of any option
      described in
      Section 10.2(f) (Assignments and Participations),
      and to
      their respective legal or financial advisors, in each case and to the extent
      such assignees, participants, grantees or counterparties agree to be bound
      by,
      and to cause their advisors to comply with, the provisions of this Section
      10.18.
      Notwithstanding any other provision in this Agreement, the Administrative Agent
      hereby agrees that the Borrowers (and each of their officers, directors,
      employees, accountants, attorneys and other advisors) may disclose to any and
      all persons, without limitation of any kind, the U.S. tax treatment and U.S.
      tax
      structure of the Facility and the transactions contemplated hereby and all
      materials of any kind (including opinions and other tax analyses) that are
      provided to it relating to such U.S. tax treatment and U.S. tax
      structure.

     

    10.19  Patriot
      Act Notice.
      Each
      Lender subject to the Patriot Act hereby notifies the Borrowers that, pursuant
      to Section 326 of the Patriot Act, it is required to obtain, verify and record
      information that identifies the Borrowers, including the name and address of
      the
      Borrowers and other information that will allow such Lender to identify the
      Borrowers in accordance with the Patriot Act.

     

    10.20  Amendment
      and Restatement.

     

    (a)  On
      the
      Effective Date, (i) the Existing Revolving Credit Commitment of any Existing
      Lender that is not a Lender under this Agreement shall be terminated (and any
      notice with respect thereto is hereby waived) and (ii) the Existing Revolving
      Credit Commitment of any Existing Lender that is a Lender under this Agreement
      shall be amended to the amount set forth on Schedule I.

     

    (b)  On
      the
      Effective Date, the Existing Credit Agreement shall be amended and restated
      in
      its entirety by this Agreement, and the Existing Credit Agreement shall
      thereafter be of no further force and effect, except to evidence (i) the
      incurrence by the Parent Borrower of the “Obligations” under and as defined in
      the Existing Credit Agreement (whether or not such “Obligations” are contingent
      as of the Effective Date), (ii) the representations and warranties made by
      the
      Parent Borrower prior to the Effective Date and (iii) any action or omission
      performed or required to be performed pursuant to the Existing Credit Agreement
      prior to the Effective Date (including any failure, prior to the Effective
      Date,
      to comply with the covenants contained in the Existing Credit Agreement). The
      amendments and restatements set forth herein shall not cure any breach thereof
      or any “Default” or “Event of Default” under and as defined in the Existing
      Credit Agreement (if any) existing prior to the Effective Date. This Agreement
      is not in any way intended to constitute a novation of the obligations and
      liabilities existing under the Existing Credit Agreement or evidence payment
      of
      all or any portion of such obligations and liabilities.

     

    (c)  This
      amendment and restatement is limited as written and is not a consent to any
      other amendment, restatement or waiver, whether or not similar and, except
      as
      expressly provided herein or in any other Loan Document, all terms and
      conditions of the Loan Documents remain in full force and effect unless
      otherwise specifically amended hereby or by any other Loan Document.

     

    [Signature
      Pages Follow]

     

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
      executed and delivered by their proper and duly authorized officers as of the
      day and year first above written.

     

    BOARDWALK
      PIPELINES, LP,

    as
      Borrower

    

    By:
      Boardwalk
      Operating GP, LLC, 

    its
      general partner

    

    By:
      Boardwalk
      Pipeline Partners, LP, 

    its
      managing member

    

    By:
      Boardwalk
      GP, LP,
      

    its
      general partner

    

    By:
      Boardwalk
      GP, LLC, 

    its
      general partner

    

    By: _____________________________

    Name: 

     

    Title: 

     

    TEXAS
      GAS
      TRANSMISSION, LLC,

    as
      Borrower

    

    By:
      ______________________________  

    Name: 

    Title: 

    

    GULF
      SOUTH PIPELINE COMPANY, LP,

    as
      Borrower

    

    By:
      GS
      PIPELINE COMPANY, LLC,

    its
      general partner

    

    By:
      _________________________________  

    Name: 

    Title: 

    

    BOARDWALK
      PIPELINE PARTNERS, LP

    

    By:
      Boardwalk GP, LP,

    its
      general partner

    

    By:
      Boardwalk
      GP, LLC,

    its
      general partner

    

    By: ____________________________________ 

    Name: 

    Title: 

    
      
        [Signature
          Page to Amended and Restated Revolving Credit Agreement]

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    WACHOVIA
      BANK, NATIONAL ASSOCIATION,

     

    as
      Administrative Agent, Issuer and a Lender

     

    

     

    

     

    By:
      ___________________________________  

     

    Name: 

     

    Title: 

     

    
      
        [Signature
          Page to Amended and Restated Revolving Credit Agreement]

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CITIBANK,
      N.A.,

     

    as
      Syndication Agent and a Lender

     

    

     

    

     

    By:_______________________________ 

     

    Name: 

     

    Title: 

     

    
      
        [Signature
          Page to Amended and Restated Revolving Credit Agreement]

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    JPMORGAN
      CHASE BANK, N.A.,

     

    as
      Co-Documentation Agent and a Lender

     

    

     

    

     

    By:__________________________________  

     

    Name: 

     

    Title: 

     

    
      
        [Signature
          Page to Amended and Restated Revolving Credit Agreement]

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    DEUTSCHE
      BANK SECURITIES INC.,

     

    as
      Co-Documentation Agent 

     

    

     

    

     

    By:________________________________ 

     

    Name: 

     

    Title: 

     

    

     

    By:____________________________________  

     

    Name: 

     

    Title: 

     

    DEUTSCHE
      BANK AG NEW YORK BRANCH,

     

    as
      a
      Lender 

     

    

     

    

     

    By:________________________________  

     

    Name: 

     

    Title: 

     

    

     

    By:_______________________________  

     

    Name: 

     

    Title: 

     

    
      
        [Signature
          Page to Amended and Restated Revolving Credit Agreement]

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    UNION
      BANK OF CALIFORNIA, N.A.

     

    as
      Co-Documentation Agent and a Lender

     

    

     

    

     

    By:_______________________________  

     

    Name: 

     

    Title: 

     

     

     

    
      
        [Signature
          Page to Amended and Restated Revolving Credit Agreement]

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    _______________________________,

     

    as
      a
      Lender

     

    

     

    

     

    By:____________________________  

     

    Name: 

     

    Title: 

     

    
      
        
          [Signature
            Page to Amended and Restated Revolving Credit Agreement]

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
          

        

      

    

     

    TABLE
      OF CONTENTS

    SECTION
      1.     DEFINITIONS            

     

    1.1    
      Defined
      Terms

     

    1.2    
      Other
      Definitional Provisions

     

    1.3    
      Accounting
      Terms and Principles

     

    SECTION
      2.    AMOUNT
      AND TERMS OF COMMITMENTS

     

    2.1    
      The
      Commitments

     

    2.2    
      Borrowing
      Procedures

     

    2.3    
      Letters
      of Credit

     

    2.4    
      Swingline
      Loans

     

    2.5    
      Reduction
      and Termination of the Revolving Credit Commitments; Repayment of
      Loans

     

    2.6    
      Evidence
      of Debt

     

    2.7    
      Optional
      Prepayments

     

    2.8    
      Mandatory
      Prepayments

     

    2.9    
      Interest

     

    2.10   Conversion/Continuation
      Option

     

    2.11   
      Fees

     

    2.12   
      Payments
      and Computations

     

    2.13   
      Special
      Provisions Governing Eurodollar Rate Loans

     

    2.14   
      Capital
      Adequacy

     

    2.15   
      Taxes

     

    2.16   
      Substitution
      of Lenders

     

    2.17   
      Extensions
      of Scheduled Maturity Date; Removal of Lenders

     

    2.18   
      Conversion
      to Term Loans

     

    2.19   
      The
      Administrative Borrower

     

    SECTION
      3.      REPRESENTATIONS
      AND WARRANTIES

     

    3.1    
      Financial
      Condition

     

    3.2    
      No
      Change

     

    3.3    
      Corporate
      Existence; Compliance with Law

     

    3.4    
      Limited
      Partnership Power; Authorization; Enforceable Obligations

     

    3.5    
      No
      Legal
      Bar

     

    3.6    
      No
      Material Litigation

     

    3.7    
      No
      Default

     

    3.8    
      Ownership
      of Property; Liens

     

    3.9    
      Taxes

     

    3.10   
      ERISA

     

    3.11   
      Use
      of
      Proceeds

     

    3.12   
      Environmental
      Matters

     

    3.13   
      Accuracy
      of Information, etc

     

    3.14   
      Solvency

     

    3.15   
      Subsidiaries;
      Borrower Information

     

    3.16   
      Margin
      Regulations

     

    3.17   
      Investment
      Company Act

     

    3.18   
      Insurance

     

    3.19   
      Foreign
      Assets Control Regulations, Etc

     

    SECTION
      4.     CONDITIONS
      PRECEDENT

     

    4.1    
      Conditions
      to Effectiveness

     

    4.2    
      Conditions
      Precedent to Each Extension of Credit

     

    4.3    
      Determinations
      of Initial Borrowing Conditions

     

    4.4    
      Conditions
      Precedent to Each Incremental Credit Extension Date

     

    SECTION
      5.     FINANCIAL
      COVENANT

     

    SECTION
      6.     AFFIRMATIVE
      COVENANTS

     

    6.1    
      Financial
      Statements

     

    6.2    
      Certificates;
      Other Information

     

    6.3    
      Payment
      of Obligations

     

    6.4    
      Conduct
      of Business and Maintenance of Existence, etc

     

    6.5    
      Maintenance
      of Property; Insurance

     

    6.6    
      Inspection
      of Property; Books and Records; Discussions

     

    6.7    
      Notices

     

    6.8    
      Environmental
      Laws

     

    6.9    
      Payment
      of Taxes, Etc

     

    6.10   
      Use
      of
      Proceeds

     

    SECTION
      7.     NEGATIVE
      COVENANTS

     

    7.1    
      Limitations
      on Indebtedness

     

    7.2    
      Limitations
      upon Liens

     

    7.3    
      Limitation
      on Investments

     

    7.4    
      Limitation
      on Sale and Lease-Back Transactions

     

    7.5    
      Fundamental
      Changes

     

    7.6    
      Restricted
      Payments

     

    7.7    
      Limitation
      on Restrictions on Subsidiary Distributions

     

    7.8    
      Limitation
      on Transactions with Affiliates

     

    7.9    
      Limitation
      on Lines of Business

     

    7.10   
      Accounting
      Changes; Fiscal Year

     

    7.11   
      Limitation
      on Modification of Constituent Documents

     

    SECTION
      8.     EVENTS
      OF
      DEFAULT

     

    8.1    
      Events
      of
      Default

     

    8.2    
      Actions
      in Respect of Letters of Credit

     

    SECTION
      9.     THE
      AGENTS

     

    9.1    
      Authorization
      and Action

     

    9.2    
      Administrative
      Agent’s Reliance, Etc

     

    9.3    
      Posting
      of Approved Electronic Communications

     

    9.4    
      The
      Administrative Agent Individually

     

    9.5    
      Lender
      Credit Decision

     

    9.6    
      Indemnification

     

    9.7    
      Successor
      Administrative Agent

     

    9.8    
      The
      Arrangers; the Syndication Agent; the Co-Documentation Agents

     

    SECTION
      10.     MISCELLANEOUS

     

    10.1    
      Amendments,
      Waivers, Etc

     

    10.2    
      Assignments
      and Participations

     

    10.3    
      Costs
      and
      Expenses

     

    10.4    
      Indemnities

     

    10.5    
      Limitation
      of Liability

     

    10.6    
      Right
      of
      Set-off

     

    10.7    
      Sharing
      of Payments, Etc

     

    10.8    
      Notices,
      Etc

     

    10.9    
      No
      Waiver; Remedies

     

    10.10   
      Binding
      Effect

     

    10.11   
      Governing
      Law

     

    10.12   
      Submission
      to Jurisdiction; Service of Process

     

    10.13   
      Waiver
      of
      Jury Trial

     

    10.14   
      Marshaling;
      Payments Set Aside

     

    10.15   
      Section
      Titles

     

    10.16   
      Execution
      in Counterparts

     

    10.17   
      Entire
      Agreement

     

    10.18   
      Confidentiality

     

    10.19   
      Patriot
      Act Notice

     

    10.20   
      Amendment
      and Restatement

     

    

    
       

      
        
        

        
          

        

      

       

    

     

     

    SCHEDULES:

     

    I                Revolving
      Credit Commitments

    II              Applicable
      Lending Offices

    3.4          
       Consents,
      Authorizations, Filings and Notices

    3.6           
      Litigation

    3.15(a)    
      Subsidiaries

    3.15(b)   
      Borrower
      Information

    7.1          
      Indebtedness

    7.8         
      Affiliate
      Transactions

    

    EXHIBITS:

     

    A          Form
      of
      Notice of Borrowing

    B          
      Form
      of
      Closing Certificate

    C-1       Form
      of
      Legal Opinion of Vinson & Elkins LLP

    C-2      
      Form
      of
      Legal Opinion of General Counsel

    D         
      Form
      of
      Assignment and Acceptance

    E        
       Form
      of
      Revolving Credit Note

    F         
      Form
      of
      Notice of Conversion or Continuation

    G         
      Form
      of
      Guaranty

    H        
      Form
      of
      Letter of Credit Request

    I          
      Form
      of
      Swingline Loan Request

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"}]]