Document:

Amendment to Credit Agreement

 Exhibit 10.1 
  
 FIRST AMENDMENT TO CREDIT AGREEMENT 
  
 THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “First Amendment”) is entered into as of October 24, 2003 by
and among CHENIERE ENERGY, INC. (“Parent Borrower”), CHENIERE LNG, INC. (“Cheniere LNG”), CHENIERE ENERGY OPERATING CO., INC., CHENIERE LNG SERVICES, INC. AND CHENIERE-GRYPHON MANAGEMENT, INC.
(“Cheniere-Gryphon”), each a Delaware corporation, (each, individually, a “Borrower” and collectively, the “Borrowers”) and STERLING BANK, a Texas chartered banking association (the
“Bank”). Capitalized terms used but not defined in this Amendment have the meaning given them in the Credit Agreement (defined below). 
  
 RECITALS 
  
 A. Borrowers and Bank entered into that certain Credit Agreement dated as of July 25, 2003 (as amended, restated or supplemented the “Credit
Agreement”). 
  
 B. Borrowers and Bank have agreed to
amend the Credit Agreement, subject to the terms and conditions of this Amendment. 
  
 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are acknowledged, the undersigned hereby agree as follows: 
  
 I. Amendments to Credit Agreement. 
  
 ARTICLE I, DEFINITIONS, of the Credit Agreement is hereby amended by adding the following definition: 
  
 “First Amendment” means the First Amendment
to Credit Agreement dated October 24, 2003 among Borrowers and Bank. 
  
 “Borrowing Base Assets” means any Collateral covered by the Security Instruments other than Borrowing Base Oil and Gas Properties; provided that, with regard to the last sentence of Section
2.05(a) hereunder, the Borrowing Base Assets includes any Oil and Gas Property of any Borrower. 
  
 ARTICLE I, DEFINITIONS, of the Credit Agreement is hereby further amended by deleting the definitions of the following terms in their entirety:

  
 “Periodic Borrowing Base
Reduction”; and 
  
 “Periodic
Borrowing Base Reduction Schedule”; and 
  
 ARTICLE I,
DEFINITIONS, of the Credit Agreement is hereby further amended by revising the following definition to read as follows: 
  
 “Revolving Loan Termination Date” means December 31, 2004. 
  

 “Current Assets” means at any time, all assets, that should in accordance with GAAP, be
classified as current assets on a consolidated balance sheet of Parent Borrower and its Subsidiaries. 
  
 “Revolving Commitment Limit” means $2,000,000 as of the date of the First Amendment, but such amount may be increased by the Bank in its
sole discretion from time to time with the agreement of the Borrowers (a) should the Borrowers contribute additional assets other than Oil and Gas Properties of the Borrowers to the Borrowing Base Assets and/or additional Oil and Gas Properties of
the Borrowers to the Borrowing Base Oil and Gas Properties in accordance with this Agreement or (b) should the Borrowing Base, as determined in accordance with Section 2.05, ever exceed such amount. 
  
 Section 2.05(a), Borrowing Base Determination, of the Credit Agreement
is hereby amended by replacing the text of that section in its entirety with the following text: 
  
 (a) The Borrowing Base as of the date of the First Amendment is equal to $2,000,000. The portion of the Borrowing Base attributable to the
Borrowing Base Oil and Gas Properties is equal to $0 and the portion of the Borrowing Base attributable to the Borrowing Base Assets is equal to $2,000,000. Subject to the other provisions of this Agreement, the Borrowing Base attributable to the
Borrowing Base Assets shall be automatically reduced by the application of the provisions of
 
 Sections 2.06(b)(i),
(ii), (iii) and (iv) hereunder. 
  
 Section 4.06, Owner of Borrowing Base Receivables and Title to Borrowing Base Oil and Gas Properties, of the Credit Agreement is hereby amended by adding the following text at the end of that section: 
  
 The Borrowing Base Assets are free of all liens, security
interests and encumbrances. The respective Borrower has Marketable Title to the Borrowing Base Assets. 
  
 ARTICLE V, AFFIRMATIVE COVENANTS, of the Credit Agreement is hereby amended by adding the following Sections 5.39, 5.40 and 5.41
thereto: 
  
 5.39. Oil and Gas Properties.
Promptly, but in any event within seven (7) days of obtaining the lease interests in those certain Leases described on Schedule 5.39 attached to the First Amendment, execute and deliver the Security Instruments requested by Bank sufficient to
grant Bank the liens and security interests in the Collateral related to such Leases. 
  
 5.40. Stock Certificate of Cheniere LNG. Deliver, within thirty (30) days of the date of the First Amendment, to Bank an updated
stock certificate of Parent Borrower’s ownership in Cheniere LNG in substitution of the stock certificate of CXY Corporation’s ownership in Cheniere LNG delivered at Closing. 
  
 5.41. Consent and Agreement. Deliver, within thirty (30) days of the date of the First Amendment, to
Bank a form, satisfactory to Bank, of a consent and agreement 
  
  

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 executed by the general partner of Corpus Christi LNG, L.P. acknowledging and agreeing to the pledge of
Cheniere LNG’s partnership interest in Corpus Christi LNG, L.P. and the transfer of such partnership interest upon the enforcement of Bank’s rights under the applicable Security Instruments. Cheniere LNG further agrees to satisfy all
requirements under Section 15.1 of the Limited Partnership Agreement dated May 15, 2003 relating to the transfer of such partnership interest upon the enforcement of Bank’s rights under the applicable Security Instruments. 
  
 Section 6.04, Sales of Assets, of the Credit Agreement
is hereby amended by adding the following text “, any Collateral” immediately following the term “Oil and Gas Properties” therein. 
  
 The Credit Agreement is hereby further amended by replacing the term “Borrowing Base Receivables” with the term “Borrowing Base
Assets” in the definition of “Borrowing Base Properties,” Section 2.05(d), Section 3.03(C) and Section 5.25. 
  
 Exhibit D attached to the Credit Agreement is replaced with Exhibit D attached to the First Amendment. 
  
 Schedule 2.05(a), Periodic Borrowing Base Reduction Schedule is hereby
deleted in their entirety. 
  
 II. Conditions. This
Amendment shall be effective once each of the following have been delivered to Bank: 
  
 (a) this Amendment executed by Borrowers and Bank; 
  
 (b) Security Instruments covering Cheniere LNG’s partnership interest in Corpus Christi LNG, L.P.; and 
  
 (c) such other documents as Bank may reasonably request. 
  
 III. Representations and Warranties. Borrowers represent and warrant to Bank that (a) they possess all requisite power and authority to execute,
deliver and comply with the terms of this Amendment, (b) this Amendment has been duly authorized and approved by all requisite corporate action on the part of the Borrowers, (c) no other consent of any Person (other than Bank) is required for this
Amendment to be effective, (d) the execution and delivery of this Amendment does not violate their organizational documents, (e) the representations and warranties in each Loan Document to which they are a party are true and correct in all material
respects on and as of the date of this Amendment as though made on the date of this Amendment (except to the extent that such representations and warranties speak to a specific date), (f) it is in full compliance with all covenants and
agreements contained in each Loan Document to which it is a party, and (g) no Event of Default or Unmatured Event of Default has occurred and is continuing. The representations and warranties made in this Amendment shall survive the execution and
delivery of this Amendment. No investigation by Bank is required for Bank to rely on the representations and warranties in this Amendment. 
  
  

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 IV. Scope of Amendment; Reaffirmation; Release. All references to the Credit Agreement shall refer
to the Credit Agreement as amended by this Amendment. Except as affected by this Amendment, the Loan Documents are unchanged and continue in full force and effect. However, in the event of any inconsistency between the terms of the Credit Agreement
(as amended by this Amendment) and any other Loan Document, the terms of the Credit Agreement shall control and such other document shall be deemed to be amended to conform to the terms of the Credit Agreement. Borrowers hereby reaffirm their
obligations under the Loan Documents to which they are parties to and agree that all Loan Documents to which they are parties to remain in full force and effect and continue to be legal, valid, and binding obligations enforceable in accordance with
their terms (as the same are affected by this Amendment). Borrowers hereby release Bank from any liability for actions or omissions in connection with the Credit Agreement and the other Loan Documents prior to the date of this Amendment. 

 
 V. Miscellaneous. 
  
 (a) No Waiver of Defaults. This Amendment does not
constitute (i) a waiver of, or a consent to, (A) any provision of the Credit Agreement or any other Loan Document not expressly referred to in this Amendment, or (B) any present or future violation of, or default under, any provision of the Loan
Documents, or (ii) a waiver of Bank’s right to insist upon future compliance with each term, covenant, condition and provision of the Loan Documents. 
  
 (b) Form. Each agreement, document, instrument or other writing to be furnished Bank under any provision of this Amendment must be
in form and substance satisfactory to Bank and its counsel. 
  
 (c) Headings. The headings and captions used in this Amendment are for convenience only and will not be deemed to limit, amplify or modify the terms of this Amendment, the Credit Agreement, or the other Loan
Documents. 
  
 (d) Costs, Expenses and
Attorneys’ Fees. Borrowers agree to pay or reimburse Bank on demand for all its reasonable out-of-pocket costs and expenses incurred in connection with the preparation, negotiation, and execution of this Amendment, including, without
limitation, the reasonable fees and disbursements of Bank’s counsel. 
  
 (e) Successors and Assigns. This Amendment shall be binding upon and inure to the benefit of each of the undersigned and their respective successors and permitted assigns. 
  
 (f) Multiple Counterparts. This Amendment may be
executed in any number of counterparts with the same effect as if all signatories had signed the same document. All counterparts must be construed together to constitute one and the same instrument. This Amendment may be transmitted and signed by
facsimile. The effectiveness of any such documents and signatures shall, subject to applicable law, have the same force and effect as manually-signed originals and shall be binding on Borrowers and Bank. Bank may also require that any such documents
and signatures be confirmed by a manually- 
  
  

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 signed original; provided that the failure to request or deliver the same shall not limit the
effectiveness of any facsimile document or signature. 
  
 (g) Governing Law. This Amendment and the other Loan Documents must be construed, and their performance enforced, under Texas law. 
  
 (h) Entirety. THE LOAN DOCUMENTS (AS AMENDED
HEREBY) REPRESENT THE FINAL AGREEMENT BY AND AMONG BORROWERS AND BANK
AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR
SUBSEQUENT ORAL AGREEMENTS BY THE PARTIES. THERE ARE NO UNWRITTEN ORAL
AGREEMENTS AMONG THE PARTIES. 
  
 [Signatures appear on the next page.] 
  
  

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 The Amendment is executed as of the date set out in the preamble to this Amendment. 
  

	BORROWER:
	
	 CHENIERE ENERGY, INC.

	
	 By:   /s/    DON A. TURKLESON

	

	 Don A. Turkleson

	 Secretary

	
	 CHENIERE LNG, INC.

	
	 By:  /s/    DON A. TURKLESON

	

	 Don A. Turkleson

	 Secretary

	
	 CHENIERE ENERGY OPERATING CO., INC.

	
	 By:  /s/    DON A. TURKLESON

	

	 Don A. Turkleson

	 Chief Financial Officer

	
	 CHENIERE LNG SERVICES, INC.

	
	 By:  /s/    DON A. TURKLESON

	

	 Don A. Turkleson

	 Secretary

	
	 CHENIERE-GRYPHON MANAGEMENT, INC.

	
	 By:  /s/    CHARIF SOUKI

	

	 Charif Souki

	 President

  
  

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	BANK:
	
	 STERLING BANK

	
	 By:  /s/    C. SCOTT WILSON

	

	 C. Scott Wilson

	 Vice President

  
  

 7Fourth Exhibit to Credit Agreement

 Exhibit 10.21 
  
 FOURTH AMENDMENT TO CREDIT AGREEMENT 
  
 THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of the 8th day of October, 2003, by and
among SCANSOURCE, INC., a South Carolina corporation (the “Borrower”), 4100 QUEST, LLC and CHANNELMAX, INC. (collectively referred to herein as the “Guarantors”), BRANCH BANKING AND TRUST COMPANY OF SOUTH CAROLINA, as Agent and a
Bank, and FIFTH THIRD BANK, FIRST TENNESSEE BANK NATIONAL ASSOCIATION and HIBERNIA NATIONAL BANK (collectively referred to herein as the “Banks”). 
  
 R E C I T A L S: 
  
 The Borrower, the Guarantors, the Agent and the Banks have entered into a certain Credit Agreement dated as of July 26, 2001, as amended by that certain
First Amendment to Credit Agreement dated June 15, 2002, that certain Second Amendment to Credit Agreement dated October 31, 2002 and that certain Third Amendment to Credit Agreement dated August 6, 2003 (referred to herein as the “Credit
Agreement”). Capitalized terms used in this Amendment which are not otherwise defined in this Amendment shall have the respective meanings assigned to them in the Credit Agreement. 
  
 The Borrower and Guarantors have requested the Agent and the Banks to amend the Credit Agreement to modify certain
provisions of the Credit Agreement as more fully set forth herein. The Banks, the Agent, the Guarantors and the Borrower desire to amend the Credit Agreement upon the terms and conditions hereinafter set forth. 
  
 NOW, THEREFORE, in consideration of the Recitals and the mutual promises
contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrower, the Guarantors, the Agent and the Banks, intending to be legally bound hereby, agree as follows: 

 
 SECTION 1. Recitals. The Recitals are incorporated herein by
reference and shall be deemed to be a part of this Amendment. 
  
 SECTION 2. Amendments. The Credit Agreement is hereby amended as set forth in this Section 2. 
  
 SECTION 2.01. Amendment to Section 1.01. Section 1.01 of the Credit Agreement is amended to amend and restate the following definitions:

  
 “European Investment” means the Investment by
Borrower in ScanSource Europe, S.A. and ScanSource Europe, Limited (collectively the “European Subsidiaries”) which Investment (including, without limitation, any and all: (i) equity investments by the Borrower in the European
Subsidiaries; (ii) loans and advances made by the Borrower to either or both of the 

 European Subsidiaries; (iii) indebtedness, liabilities and obligations of the Borrower arising under or in connection
with the Permitted European Credit Facility; and (iv) obligations of either or both of the European Subsidiaries under accounts payable owing to inventory suppliers Guaranteed by the Borrower) shall not exceed $30,000,000 in the aggregate.

  
 “Termination Date” means September 30, 2005.

  
 SECTION 2.02. Amendment to Section 1.01. Section 1.01
of the Credit Agreement is amended to add the following new definition: 
  
 “Permitted European Credit Facility” means a credit facility under which one or both of the European Subsidiaries may obtain extensions of credit (in the form of revolving credit advances, term loans or letters of credit) in an
aggregate outstanding principal amount not to exceed $15,000,000 the repayment of which is secured by a Letter of Credit (issued pursuant to this Credit Agreement) in an amount no more than $15,000,000. 
  
 SECTION 2.03. Amendment to Section 3.03(d). Section 3.03(d) of the
Credit Agreement is amended and restated to read, in its entirety, as follows: 
  
 (d) the fact that immediately after the issuance of such Letter of Credit the sum of: (i) the aggregate outstanding principal amount of the Letter of Credit Advances, plus (ii) the aggregate Undrawn Amounts, will not
exceed $25,000,000; and 
  
 SECTION 2.04. Amendment to Section
5.29. Section 5.29 of the Credit Agreement is amended and restated to read in its entirety as follows: 
  
 SECTION 5.29. Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to
exist any Debt or the equivalent (including obligations under Capital Leases), except for: (a) the Debt owed to the Banks, Swing Line Lender and Issuing Bank; (b) the Debt existing and outstanding on the Closing Date described on Schedule 5.29; (c)
Debt incurred and owing to Textron Financial Corporation and IBM Credit Corporation for the purpose of financing all or any part of the cost of acquiring inventory from such Person; (d) Guarantees included within the Netpoint Guaranty, subject to
compliance with the conditions set forth in the definition of “Netpoint Guaranty”; (e) Guarantees of the European Subsidiaries’ accounts payable owing to inventory suppliers, subject to compliance with the conditions set forth in the
definition of “European Investment”; (f) Debt under the IR Agreement; (g) Debt of the European Subsidiaries under the Permitted European Credit Facility; and (h) Debt not otherwise permitted under this Section 5.29, the aggregate
outstanding principal amount of which shall not, at any time, exceed $5,000,000.00. 
  
 SECTION 3. Conditions to Effectiveness. The effectiveness of this Amendment and the obligations of the Banks hereunder are subject to the following conditions, unless the Required Banks waive such conditions:

  
 (a) receipt by the Agent from each of the parties hereto of a
duly executed counterpart of this Amendment signed by such party; 
  

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 (b) the fact that the representations and warranties of the Borrower and Guarantors contained in Section
5 of this Amendment shall be true on and as of the date hereof. 
  
 SECTION 4. No Other Amendment. Except for the amendments set forth above, the text of the Credit Agreement shall remain unchanged and in full force and effect. This Amendment is not intended to effect, nor shall it be construed as, a
novation. The Credit Agreement and this Amendment shall be construed together as a single agreement. Nothing herein contained shall waive, annul, vary or affect any provision, condition, covenant or agreement contained in the Credit Agreement,
except as herein amended, nor affect nor impair any rights, powers or remedies under the Credit Agreement as hereby amended. The Banks and the Agent do hereby reserve all of their rights and remedies against all parties who may be or may hereafter
become secondarily liable for the repayment of the Notes. The Borrower and Guarantors promise and agree to perform all of the requirements, conditions, agreements and obligations under the terms of the Credit Agreement, as heretofore and hereby
amended, the Credit Agreement, as amended, and the other Loan Documents being hereby ratified and affirmed. The Borrower and Guarantors hereby expressly agree that the Credit Agreement, as amended, and the other Loan Documents are in full force and
effect. 
  
 SECTION 5. Representations and Warranties. The
Borrower and Guarantors hereby represent and warrant to each of the Banks as follows: 
  
 (a) No Default or Event of Default, nor any act, event, condition or circumstance which with the passage of time or the giving of notice, or both, would constitute an Event of Default, under the Credit Agreement or
any other Loan Document has occurred and is continuing unwaived by the Banks on the date hereof. 
  
 (b) The Borrower and Guarantors have the power and authority to enter into this Amendment and to do all acts and things as are required or contemplated
hereunder to be done, observed and performed by them. 
  
 (c) This
Amendment has been duly authorized, validly executed and delivered by one or more authorized officers of the Borrower and Guarantors and constitutes the legal, valid and binding obligations of the Borrower and Guarantors enforceable against them in
accordance with its terms, provided that such enforceability is subject to general principles of equity. 
  
 (d) The execution and delivery of this Amendment and the performance by the Borrower and Guarantors hereunder do not and will not require the consent or
approval of any regulatory authority or governmental authority or agency having jurisdiction over the Borrower, either European Subsidiary or either Guarantor, nor be in contravention of or in conflict with the articles of incorporation, bylaws or
other organizational documents of the Borrower, either European Subsidiary or Channelmax, Inc., the articles of organization or operating agreement of 
  

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 4100 Quest, LLC or the provision of any statute, or any judgment, order or indenture, instrument, agreement or
undertaking, to which the Borrower, either European Subsidiary or any Guarantor is party or by which the assets or properties of the Borrower, either European Subsidiary and Guarantors are or may become bound. 
  
 SECTION 6. Counterparts. This Amendment may be executed in multiple
counterparts, each of which shall be deemed to be an original and all of which, taken together, shall constitute one and the same agreement. 
  
 SECTION 7. Governing Law. This Amendment shall be construed in accordance with and governed by the laws of the State of South Carolina. 

 
 SECTION 8. Effective Date. This Amendment shall be effective as of
September 30, 2003. 
  
 SECTION 9. Amendment Fee. On the
date of this Amendment, the Borrower hereby agrees to pay to the Agent for the ratable account of each Bank an Amendment Fee equal to the product of: (i) such Bank’s Commitment, on the date of this Agreement, times (ii) a per annum percentage
equal to 0.05%. 
  
 SECTION 10. Letter of Credit
Commitments. The Borrower, the Guarantors, the Agent and the Banks acknowledge and agree, as of the effective date of this Amendment: (i) the aggregate amount of the Letter of Credit Commitments of all of the Banks is equal to $25,000,000; (ii)
the amount of the Letter of Credit Commitment of Branch Banking and Trust Company of South Carolina is $15,625,000; (iii) the amount of the Letter of Credit Commitment of Fifth Third Bank is $3,125,000; (iv) the amount of the Letter of Credit
Commitment of First Tennessee Bank National Association is $3,125,000; and (v) the amount of the Letter of Credit Commitment of Hibernia National Bank is $3,125,000. 
  
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 IN WITNESS WHEREOF, the parties hereto have executed and delivered, or have caused their respective duly
authorized officers or representatives to execute and deliver, this Amendment as of the day and year first above written. 
  

	SCANSOURCE, INC.	 	 
			
	By:	 	  

	 	 (SEAL)

	 Title:
	 	  

	 	 
	 	 	 	 	 	 	 	 	 
		
	4100 QUEST, LLC	 	 
				
	 	 	By:	 	 ScanSource, Inc., its sole member
	 	 
					
	 	 	 	 	By:	 	  

	 	 (SEAL)

	 	 	 	 	 Title:
	 	  

	 	 
	 	 	 	 	 	 	 	 	 
		
	CHANNELMAX, INC.	 	 
			
	By:	 	  

	 	 (SEAL)

	 Title:
	 	  

	 	 

  
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this page intentionally left blank] 
  

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	BRANCH BANKING AND TRUST COMPANY OF SOUTH CAROLINA, as Agent, Issuing Bank and as a Bank	 	 
			
	By:	 	  

	 	 (SEAL)

	Title:	 	  

	 	 

  
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	FIFTH THIRD BANK	 	 
			
	By:	 	  

	 	 (SEAL)

	Title:	 	  

	 	 

  
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this page intentionally left blank] 
  

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	FIRST TENNESSEE BANK NATIONAL ASSOCIATION	 	 
			
	By:	 	  

	 	 (SEAL)

	Title:	 	  

	 	 

  
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this page intentionally left blank] 
  

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	HIBERNIA NATIONAL BANK	 	 
			
	By:	 	  

	 	 (SEAL)

	Title:	 	  

	 	 

  

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