Document:

ex10_13.htm

    
      

    

    
      Exhibit 10.13

       

      THIRD
AMENDMENT TO AMENDED AND
RESTATED

      REVOLVING CREDIT
AGREEMENT

      

      

      THIS THIRD AMENDMENT TO AMENDED AND
RESTATED REVOLVING CREDIT AGREEMENT (this “Amendment”),
is made effective as of September 29, 2008, by and among NGP CAPITAL RESOURCES COMPANY,
a Maryland corporation (the “Borrower”),
the several banks and other financial institutions from time to time party
hereto (collectively, the “Lenders”)
and SUNTRUST BANK, in
its capacity as Administrative Agent for the Lenders (the “Administrative
Agent”).

      

      W I T N E S S E T H:

      

      WHEREAS,
the Borrower, the Lenders and the Administrative Agent are parties to a certain
Amended and Restated Revolving Credit Agreement, dated as of August 31, 2006, as
amended by that certain First Amendment to the Credit Agreement, effective as of
August 31, 2006, and that certain Second Amendment to the Credit Agreement,
effective as of March 13, 2008 (as amended, restated, supplemented or otherwise
modified from time to time, the “Credit
Agreement”; capitalized terms used herein and not otherwise defined shall
have the meanings assigned to such terms in the Credit Agreement), pursuant to
which the Lenders have made certain financial accommodations available to the
Borrower;

      

      WHEREAS,
the Borrower has requested that the Lenders and the Administrative Agent extend
the Commitment Termination Date and amend certain provisions of the Credit
Agreement, and subject to the terms and conditions hereof, the Lenders are
willing to do so;

      

      NOW,
THEREFORE, for good and valuable consideration, the sufficiency and receipt of
all of which are acknowledged, the Borrower, the Lenders and the Administrative
Agent agree as follows:

      

      1.           Amendments.

      

      (a)           Section
1.1 of the Credit Agreement is hereby amended by:

      

      (i)            replacing
the definitions of “Aggregate Commitment Amount” and “Commitment Termination
Date” in their entirety with the following definitions:

      

      “Aggregate
Commitment Amount” shall mean the aggregate principal amount of the
Aggregate Commitments from time to time.  On the Third Amendment
Effective Date, the Aggregate Commitment Amount equals $87,500,000.

      

      “Commitment
Termination Date” shall mean the earliest of (i) August 31, 2010,
(ii) the date on which the Aggregate Commitments are terminated pursuant to
Section 2.7 and
(iii) the date on which all amounts outstanding under this Agreement have been
declared or have automatically become due and payable (whether by acceleration
or otherwise).

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (ii)           deleting
the definitions of “APC”, “BNP Agreement”, “BNP Security Agreement”, “BNP
Subordination Agreement,” “Funding Agreement”, “Net Profits Interest”, “Senior
Revolving Commitment Termination Date”, “SNPI”, “SNPI Payout” and “SNPI Purchase
Price” ;

      

      (iii)          inserting
the definitions of “Permitted Senior Investment Participation”, “Senior
Investment Participation” and “Third Amendment Effective Date” in appropriate
alphabetical order:

      

      “Permitted Senior
Investment Participation” shall mean any Senior Investment Participation;
provided that the aggregate outstanding principal or capital amount of all
Senior Investment Participations does not exceed $20,000,000 at any one
time outstanding.

      

      “Senior Investment
Participation” shall mean any transfer or assignment of a right or
interest in any loan or other investment (other than any collateral securing the
Treasury Revolving Loans) owned by the Borrower or any of its Subsidiaries which
represents less than all of the Borrower’s or such Subsidiary’s interest in such
loan or other investment and which grants to the holder thereof rights to
receive payments in respect of such loan or other investment or rights in
respect to Liens or proceeds of collateral in respect of such loan or other
investment which rights are prior or senior to the retained rights of the
Borrower or such Subsidiary in such Investment.

      

      “Third Amendment
Effective Date” shall mean September 29, 2008.

      

      (b)           Section
7.2 of the Credit Agreement is hereby amended by deleting subsections (i) and
(j) and by adding the following subsection (h) to such Section:

      

      “(h)         Liens
created pursuant to or in respect of a Permitted Senior Investment
Participation.”

      

      (c)           Section
7.5 of the Credit Agreement is hereby amended by re-designating clause “(c)” as
clause “(d)” and adding the following new clause (c) immediately following
clause (b):

      

      “, (c)
Permitted Senior Investment Participations”.

      

      (d)           Section
7.7 of the Credit Agreement is hereby amended by replacing the existing clause
(iii) of the proviso to such section with the following new clause
(iii):

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      “(iii)
the foregoing shall not apply to restrictions and conditions contained in a
Permitted Senior Investment Participation.”

      (e)           Schedule
I and Schedule II of the Credit Agreement are hereby amended by replacing the
schedules in their entirety with the Schedule I and Schedule II attached
hereto.

      

      2.          
  Termination
of Amegy Bank Commitment.  Each Lender hereby consents and
agrees to the permanent Commitment reduction and full prepayment of all amounts
owed to Amegy Bank National Association, which Commitment reduction shall be
effective on the Third Amendment Effective Date.

      

      3.          
  Senior
Lender Subordination.  The Lenders
hereby expressly permit the Administrative Agent to subordinate the Liens and
other rights granted to the Administrative Agent under any of the Loan Document
in respect of any loan or other investment owned by the Borrower or any of its
Subsidiaries to any Permitted Senior Investment Participation in such loan or
other investment, so long as the terms and conditions with respect to such
subordination are reasonably acceptable to the Administrative
Agent.

      

      4.          
  Conditions
to Effectiveness of this Amendment.  Notwithstanding
any other provision of this Amendment and without affecting in any manner the
rights of the Lenders hereunder, it is understood and agreed that this Amendment
shall not become effective, and the Borrower shall have no rights under this
Amendment, until each Lender executing this Amendment has been paid an upfront
fee of 0.5% on the amount of its Commitment specified in Schedule II after
giving effect to this Amendment, and the Administrative Agent shall have
received (i) reimbursement or payment of its costs and expenses incurred in
connection with this Amendment or the Credit Agreement (including reasonable
fees, charges and disbursements of King & Spalding LLP, counsel to the
Administrative Agent), (ii) executed counterparts to this Amendment from the
Borrower, each of the Subsidiary Guarantors and the Lenders, and (iii) duly
executed counterparts of the Fourth Amendment to Treasury Secured Revolving
Credit Agreement, made effective as of September 29, 2008, by and among
Borrower, Lenders and the Administrative Agent, executed by each party
thereto.

      

      5.        
    Representations
and Warranties.  To induce the
Lenders and the Administrative Agent to enter into this Amendment, Borrower
hereby represents and warrants to the Lenders and the Administrative Agent
that:

      

      (a)           The
execution, delivery and performance by Borrower of this Amendment (i) is within
Borrower’s power and authority; (ii) has been duly authorized by all necessary
corporate and shareholder action; (iii) is not in contravention of any provision
of Borrower’s certificate of incorporation or bylaws or other organizational
documents; (iv) does not violate any law or regulation, or any order or decree
of any Governmental Authority; (v) does not conflict with or result in the
breach or termination of, constitute a default under or accelerate any
performance required by, any indenture, mortgage, deed of trust, lease,
agreement or other instrument to which Borrower or any of its Subsidiaries is a
party or by which Borrower or any such Subsidiary or any of their respective
property is bound; (vi) does not result in the creation or imposition of any
Lien upon any of the property of Borrower or any of its Subsidiaries; and (vii)
does not require the consent or approval of any Governmental
Authority;

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (b)           This
Amendment has been duly executed and delivered for the benefit of or on behalf
of Borrower and constitutes a legal, valid and binding obligation of Borrower,
enforceable against Borrower in accordance with its terms except as the
enforceability hereof may be limited by bankruptcy, insolvency, reorganization,
moratorium and other laws affecting creditors’ rights and remedies in general
and by general principals of equity; and

      

      (c)           After
giving effect to this Amendment, the representations and warranties contained in
the Credit Agreement and the other Loan Documents are true and correct in all
material respects, and no Default or Event of Default has occurred and is
continuing as of the date hereof.

      

      6.         
   Reaffirmations
and Acknowledgments.

      

      (a)           Reaffirmation of Subsidiary
Guaranty.  Each Subsidiary Guarantor consents to the execution
and delivery by the Borrower of this Amendment and jointly and severally ratify
and confirm the terms of the Subsidiary Guarantee Agreement with respect to the
indebtedness now or hereafter outstanding under the Credit Agreement as amended
hereby and all promissory notes issued thereunder. Each Subsidiary Guarantor
acknowledges that, notwithstanding anything to the contrary contained herein or
in any other document evidencing any indebtedness of the Borrower to the Lenders
or any other obligation of the Borrower, or any actions now or hereafter taken
by the Lenders with respect to any obligation of the Borrower, the Subsidiary
Guarantee Agreement (i) is and shall continue to be a primary obligation of the
Guarantors, (ii) is and shall continue to be an absolute, unconditional, joint
and several, continuing and irrevocable guaranty of payment, and (iii) is and
shall continue to be in full force and effect in accordance with its
terms.  Nothing contained herein to the contrary shall release,
discharge, modify, change or affect the original liability of the Subsidiary
Guarantors under the Subsidiary Guarantee Agreement.

      

      (b)           Acknowledgment of Perfection
of Security Interest. Borrower and each Subsidiary Guarantor hereby
acknowledges that, as of the date hereof, the security interests and liens
granted to the Administrative Agent and the Lenders under the Credit Agreement
and the other Loan Documents are in full force and effect, are properly
perfected and are enforceable in accordance with the terms of the Credit
Agreement and the other Loan Documents.

      

      7.          
  Effect of
Amendment.  Except as set forth expressly herein, all terms of
the Credit Agreement, as amended hereby, and the other Loan Documents shall be
and remain in full force and effect and shall constitute the legal, valid,
binding and enforceable obligations of the Borrower to the Lenders and the
Administrative Agent.  The execution, delivery and effectiveness of
this Amendment shall not, except as expressly provided herein, operate as a
waiver of any right, power or remedy of the Lenders under the Credit Agreement,
nor constitute a waiver of any provision of the Credit
Agreement.  This Amendment shall constitute a Loan Document for all
purposes of the Credit Agreement.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      8.            
Governing
Law.
  This Amendment shall be governed by, and construed in
accordance with, the internal laws of the State of New York and all applicable
federal laws of the United States of America.

      

      9.           
 No
Novation.  This Amendment is
not intended by the parties to be, and shall not be construed to be, a novation
of the Credit Agreement or an accord and satisfaction in regard
thereto.

      

      10.           Costs and
Expenses.  The Borrower agrees to pay on demand all costs and
expenses of the Administrative Agent in connection with the preparation,
execution and delivery of this Amendment, including, without limitation, the
reasonable fees and out-of-pocket expenses of outside counsel for the
Administrative Agent with respect thereto.

      

      11.           Counterparts.  This Amendment may be executed by one or more of the parties
hereto in any number of separate counterparts, each of which shall be deemed an
original and all of which, taken together, shall be deemed to constitute one and
the same instrument.  Delivery of an executed counterpart of this
Amendment by facsimile transmission or by electronic mail in pdf form shall be
as effective as delivery of a manually executed counterpart
hereof.

      

      12.           Binding
Nature.  This Amendment
shall be binding upon and inure to the benefit of the parties hereto, their
respective successors, successors-in-titles, and assigns.

      

      13.           Entire
Understanding.  This Amendment
sets forth the entire understanding of the parties with respect to the matters
set forth herein, and shall supersede any prior negotia­tions or agreements,
whether written or oral, with respect thereto.

      

      [Signature Pages To
Follow]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed, under seal in the case of the Borrower and the Subsidiary Guarantors,
by their respective authorized officers as of the day and year first above
written.

      

      
        
          
            
              
                
                  
                    	 
      	
                            BORROWER:

                          
	 
      	 
      	 
      
	 
      	
                            NGP
      CAPITAL RESOURCES COMPANY

                          
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                            By: 
      

                          	 
      
	 
      	 
      	
                            Name:

                          
	 
      	 
      	
                            Title:

                          
	 
      	 
      	 
      
	 
      	
                            SUBSIDIARY
      GUARANTORS:

                          
	 
      	 
      	 
      
	 
      	
                            NGPC
      FUNDING GP, LLC

                          
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                            By: 
      

                          	 
      
	 
      	 
      	
                            Name:

                          
	 
      	 
      	
                            Title:

                          
	 
      	 
      	 
      
	 
      	
                            NGPC
      FUNDING, LP

                          
	 
      	
                            By :

                          	
                            NGPC
      Funding GP, LLC

                          
	 
      	 
      	
                            Its
      general partner

                          
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                            By: 
      

                          	 
      
	 
      	 
      	
                            Name:

                          
	 
      	 
      	
                            Title:

                          
	 
      	 
      	 
      
	 
      	
                            NGPC
      ASSET HOLDINGS GP, LLC

                          
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                            By: 
      

                          	 
      
	 
      	 
      	
                            Name:

                          
	 
      	 
      	
                            Title:

                          

                  

                

              

            

          

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          	 
      	
                  NGPC
      ASSET HOLDINGS, LP

                
	 
      	
                  By: 
      

                	
                  NGPC
      Asset Holdings GP, LLC

                
	 
      	 
      	
                  Its
      general partner

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By: 
      

                	 
      
	 
      	 
      	
                  Name:

                
	 
      	 
      	
                  Title:

                
	 
      	 
      	 
      
	 
      	
                  NGPC
      NEVADA, LLC

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By: 
      

                	 
      
	 
      	 
      	
                  Name:

                
	 
      	 
      	
                  Title:

                
	 
      	 
      	 
      
	 
      	
                  NGPC
      ASSET HOLDINGS III, LP

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By: 
      

                	 
      
	 
      	 
      	
                  Name:

                
	 
      	 
      	
                  Title:

                
	 
      	 
      	 
      
	 
      	
                  NGPC
      HOLDINGS IV, LP

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By: 
      

                	 
      
	 
      	 
      	
                  Name:

                
	 
      	 
      	
                  Title:

                

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          	 
      	
                  LENDERS:

                
	 
      	 
      	 
      
	 
      	
                  SUNTRUST BANK,
      individually and as Administrative Agent and Collateral
    Agent

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By:

                	 
      
	 
      	
                  Name:

                	 
      
	 
      	
                  Title:

                	 
      

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          	 
      	
                  BRANCH
      BANK AND TRUST COMPANY

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By:

                	 
      
	 
      	
                   

                	
                  Name: 
      Greg Drabik

                
	 
      	
                   
      

                	
                  Title:  Vice
      President

                

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          	 
      	
                  RAYMOND
      JAMES BANK, FSB

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By:

                	 
      
	 
      	 
      	
                  Name: 
      Thomas F. Macina

                
	 
      	 
      	
                  Title:  Senior
      Vice President

                

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          	 
      	
                  COMERICA
      BANK

                
	 
      	 
      	 
      
	 
      	
                  By:

                	 
      
	 
      	
                   

                	
                  Name: 
      Huma V. Manal

                
	 
      	
                   

                	
                  
                    Title:  Vice
      President

                  

                

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          	 
      	
                  AMEGY
      BANK National Association

                
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                  By:

                	 
      
	 
      	 
      	
                  Mark
      A. Serice

                
	 
      	 
      	
                  Vice
      President - Energy Group

                

        

      

      

      

      [SIGNATURE
PAGE TO THIRD AMENDMENT]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Schedule
I

      

      APPLICABLE
MARGIN AND APPLICABLE PERCENTAGE

      

      

      Senior
Revolving Credit Facility

      

      
        
          
            
              
                
                  	
                          Pricing
      Level

                        	
                          Consolidated
      Total Debt Percentage

                        	
                          Applicable
      Margin for Eurodollar Loans

                        	
                          Applicable
      Margin for Base Rate Loans

                        	
                          Applicable
      Percentage for Commitment Fee

                        
	
                          I

                        	
                          Less
      than 10%

                        	
                          1.5%

                        	
                          0%

                        	
                          0.20%

                        
	
                          II

                        	
                          Less
      than 25% but greater than or equal to 10%

                        	
                          2.0%

                        	
                          0.25%

                        	
                          0.30%

                        
	
                          III

                        	
                          Less
      than 35% but greater than or equal to 25%

                        	
                          2.25%

                        	
                          0.50%

                        	
                          0.375%

                        
	
                          IV

                        	
                          Greater
      than or equal to 35%

                        	
                          2.5%

                        	
                          0.75%

                        	
                          0.50%

                        

                

              

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Schedule
II

      

      COMMITMENT
AMOUNTS

      

      
        
          
            
              	
                      SunTrust
      Bank

                    	 	$	25,000,000	 
	
                      Branch
      Bank & Trust Co.

                    	 	$	22,500,000	 
	
                      Raymond
      James Bank, FSB

                    	 	$	25,000,000	 
	
                      Comerica
      Bank

                    	 	$	15,00,000ex10_14.htm

    
      

    

    
      Exhibit 10.14

       

      FOURTH
AMENDMENT TO TREASURY SECURED

      REVOLVING CREDIT
AGREEMENT

      

      

      THIS FOURTH AMENDMENT TO TREASURY
SECURED REVOLVING CREDIT AGREEMENT (this “Amendment”),
is made effective as of September 29, 2008, by and among NGP CAPITAL RESOURCES COMPANY,
a Maryland corporation (the “Borrower”),
the several banks and other financial institutions from time to time party
hereto (collectively, the “Lenders”)
and SUNTRUST BANK, in
its capacity as Administrative Agent for the Lenders (the “Administrative
Agent”).

      

      W I T N E S S E T H:

      

      WHEREAS,
the Borrower, the Lenders and the Administrative Agent are parties to a certain
Treasury Secured Revolving Credit Agreement, dated as of August 31, 2006, as
amended by that certain First Amendment to the Treasury Secured Revolving Credit
Agreement, effective as of August 31, 2006, by that certain Second Amendment to
Treasury Secured Revolving Credit Agreement, effective as of October 18, 2007,
and by that certain Third Amendment to Treasury Secured Revolving Credit
Agreement, effective as of March 13, 2008 (as amended, restated, supplemented or
otherwise modified from time to time, the “Credit
Agreement”; capitalized terms used herein and not otherwise defined shall
have the meanings assigned to such terms in the Credit Agreement), pursuant to
which the Lenders have made certain financial accommodations available to the
Borrower;

       

      WHEREAS,
the Borrower has requested that the Lenders and the Administrative Agent amend
certain provisions of the Credit Agreement, and subject to the terms and
conditions hereof, the Lenders are willing to do so;

       

      NOW,
THEREFORE, for good and valuable consideration, the sufficiency and receipt of
all of which are acknowledged, the Borrower, the Lenders and the Administrative
Agent agree as follows:

      

      1.           
 Amendments.

       

      (a)           Section
1.1 of the Credit Agreement is hereby amended by:

      

      (i)
deleting the definitions of “APC”, “BNP Agreement”, “BNP Security Agreement”,
“BNP Subordination Agreement”, “Funding Agreement”, “Net Profits Interest”,
“SNPI”, “SNPI Payout” and “SNPI Purchase Price”;

      

      (ii)
inserting the definitions of “Permitted Senior Investment Participation” and
“Senior Investment Participation” in appropriate alphabetical
order:

      

      “Permitted Senior
Investment Participation” shall mean any Senior Investment
Participation; provided that the aggregate outstanding principal or capital
amount of all Senior Investment Participations does not exceed $20,000,000
at any one time outstanding.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      “Senior Investment
Participation” shall mean any transfer or assignment of a right or
interest in any loan or other investment (other than any collateral securing the
Treasury Revolving Loans) owned by the Borrower or any of its Subsidiaries which
represents less than all of the Borrower’s or such Subsidiary’s interest in such
loan or other investment and which grants to the holder thereof rights to
receive payments in respect of such loan or other investment or rights in
respect to Liens or proceeds of collateral in respect of such loan or other
investment which rights are prior or senior to the retained rights of the
Borrower or such Subsidiary in such Investment.

      

      (b)           Section
3.2 of the Credit Agreement is hereby amended by deleting “and” at the end of
subsection (c), replacing “.”with “;” at the end of subsection (d), and adding
the following new subsection (e):

      

      “(e)         the
Administrative Agent shall have received such other documents, certificates or
information as the Administrative Agent or the Required Lenders may reasonably
request, all in form and substance reasonably satisfactory to the Administrative
Agent or the Required Lenders.”

      

      (c)           Section
7.2 of the Credit Agreement is hereby amended by deleting the last two
subsections thereof (which were designated subsection (h) and incorrectly
designated subsection (g)), and inserting the following subsection (h)
thereof:

      

      “(h)         Liens
created pursuant to or in respect of a Permitted Senior Investment
Participation.”

      

      (d)           Section
7.5 of the Credit Agreement is hereby amended by re-designating clause “(c)” as
clause “(d)” and adding the following new clause (c) immediately following
clause (b):

      

      “, (c)
Permitted Senior Investment Participations”.

      

      (e)           Section
7.7 of the Credit Agreement is hereby amended by replacing the existing clause
(iii) of the proviso to such section with the following new clause
(iii):

      

      “(iii)
the foregoing shall not apply to restrictions and conditions contained in a
Permitted Senior Investment Participation.”

       

      2.          
  Intentionally Omitted.

      

      3.           
 Conditions
to Effectiveness of this Amendment.  Notwithstanding
any other provision of this Amendment and without affecting in any manner the
rights of the Lenders hereunder, it is understood and agreed that this Amendment
shall not become effective, and the Borrower shall have no rights under this
Amendment, until the Administrative Agent shall have received (i) reimbursement
or payment of its costs and expenses incurred in connection with this Amendment
or the Credit Agreement (including reasonable fees, charges and disbursements of
King & Spalding LLP, counsel to the Administrative Agent), (ii) executed
counterparts to this Amendment from the Borrower, each of the Subsidiary
Guarantors and the Lenders, and (iii) duly executed counterparts of the Third
Amendment to Amended and Restated Revolving Credit Agreement, made effective as
of September 29, 2008, by and among Borrower, Lenders and the Administrative
Agent, executed by each party thereto.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      4.         
   Representations
and Warranties.  To induce the
Lenders and the Administrative Agent to enter into this Amendment, Borrower
hereby represents and warrants to the Lenders and the Administrative Agent
that:

      

      (a)           The
execution, delivery and performance by Borrower of this Amendment (i) is within
Borrower’s power and authority; (ii) has been duly authorized by all necessary
corporate and shareholder action; (iii) is not in contravention of any provision
of Borrower’s certificate of incorporation or bylaws or other organizational
documents; (iv) does not violate any law or regulation, or any order or decree
of any Governmental Authority; (v) does not conflict with or result in the
breach or termination of, constitute a default under or accelerate any
performance required by, any indenture, mortgage, deed of trust, lease,
agreement or other instrument to which Borrower or any of its Subsidiaries is a
party or by which Borrower or any such Subsidiary or any of their respective
property is bound; (vi) does not result in the creation or imposition of any
Lien upon any of the property of Borrower or any of its Subsidiaries; and (vii)
does not require the consent or approval of any Governmental
Authority;

      

      (b)           This
Amendment has been duly executed and delivered for the benefit of the Lenders on
behalf of Borrower and constitutes a legal, valid and binding obligation of
Borrower, enforceable against Borrower in accordance with its terms except as
the enforceability hereof may be limited by bankruptcy, insolvency,
reorganization, moratorium and other laws affecting creditors’ rights and
remedies in general and by general principals of equity; and

      

      (c)           After
giving effect to this Amendment, the representations and warranties contained in
the Credit Agreement and the other Loan Documents are true and correct in all
material respects, and no Default or Event of Default has occurred and is
continuing as of the date hereof.

      

      5.            
Reaffirmations
and Acknowledgments.

      

      (a)           Reaffirmation of Subsidiary
Guaranty.  Each Subsidiary Guarantor consents to the execution
and delivery by the Borrower of this Amendment and jointly and severally
ratifies and confirms the terms of the Subsidiary Guarantee Agreement with
respect to the indebtedness now or hereafter outstanding under the Credit
Agreement as amended hereby and all promissory notes issued thereunder. Each
Subsidiary Guarantor acknowledges that, notwithstanding anything to the contrary
contained herein or in any other document evidencing any indebtedness of the
Borrower to the Lenders or any other obligation of the Borrower, or any actions
now or hereafter taken by the Lenders with respect to any obligation of the
Borrower, the Subsidiary Guarantee Agreement (i) is and shall continue to be a
primary obligation of the Guarantors, (ii) is and shall continue to be an
absolute, unconditional, joint and several, continuing and irrevocable guaranty
of payment, and (iii) is and shall continue to be in full force and effect in
accordance with its terms.  Nothing contained herein to the contrary
shall release, discharge, modify, change or affect the original liability of the
Subsidiary Guarantors under the Subsidiary Guarantee Agreement.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (b)           Acknowledgment of Perfection
of Security Interest. Borrower and each Subsidiary Guarantor hereby
acknowledges and confirms that, as of the date hereof, the security interests
and liens granted to the Administrative Agent and the Lenders under the Credit
Agreement and the other Loan Documents are in full force and effect, are
properly perfected and are enforceable in accordance with the terms of the
Credit Agreement and the other Loan Documents.

      

      6.           
 Effect of
Amendment.  Except as set forth expressly herein, all terms of
the Credit Agreement, as amended hereby, and the other Loan Documents shall be
and remain in full force and effect and shall constitute the legal, valid,
binding and enforceable obligations of the Borrower to the Lenders and the
Administrative Agent.  The execution, delivery and effectiveness of
this Amendment shall not, except as expressly provided herein, operate as a
waiver of any right, power or remedy of the Lenders under the Credit Agreement,
nor constitute a waiver of any provision of the Credit
Agreement.  This Amendment shall constitute a Loan Document for all
purposes of the Credit Agreement.

      

      7.             Governing
Law.
  This Amendment shall be governed by, and construed in
accordance with, the internal laws of the State of New York and all applicable
federal laws of the United States of America.

      

      8.           
 No
Novation.  This Amendment is
not intended by the parties to be, and shall not be construed to be, a novation
of the Credit Agreement or an accord and satisfaction in regard
thereto.

      

      9.          
  Costs and
Expenses.  The Borrower agrees to pay on demand all costs and
expenses of the Administrative Agent in connection with the preparation,
execution and delivery of this Amendment, including, without limitation, the
reasonable fees and out-of-pocket expenses of outside counsel for the
Administrative Agent with respect thereto.

      

      10.           Counterparts.  This Amendment may be executed by one or more of the parties
hereto in any number of separate counterparts, each of which shall be deemed an
original and all of which, taken together, shall be deemed to constitute one and
the same instrument.  Delivery of an executed counterpart of this
Amendment by facsimile transmission or by electronic mail in pdf form shall be
as effective as delivery of a manually executed counterpart
hereof.

      

      11.           Binding
Nature.  This Amendment
shall be binding upon and inure to the benefit of the parties hereto, their
respective successors, successors-in-titles, and assigns.

      

      12.           Entire
Understanding.  This Amendment
sets forth the entire understanding of the parties with respect to the matters
set forth herein, and shall supersede any prior negotia­tions or agreements,
whether written or oral, with respect thereto.

      

      [Signature Pages To
Follow]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed, under seal in the case of the Borrower and the Subsidiary Guarantors,
by their respective authorized officers as of the day and year first above
written.

      

      
        
          
            
              
                
                  	 
      	
                          BORROWER:

                        
	 
      	 
      	 
      
	 
      	
                          NGP
      CAPITAL RESOURCES COMPANY

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        
	 
      	 
      	 
      
	 
      	
                          SUBSIDIARY
      GUARANTORS:

                        
	 
      	 
      	 
      
	 
      	
                          NGPC
      FUNDING GP, LLC

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        
	 	 	 
	 
      	 
      	 
      
	 
      	
                          NGPC
      FUNDING, LP

                        
	 
      	
                          By:

                        	
                          NGPC
      Funding GP, LLC

                        
	 
      	 
      	
                          Its
      general partner

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        
	 	 	 
	 
      	 
      	 
      
	 
      	
                          NGPC
      ASSET HOLDINGS GP, LLC

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                           

                        	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        

                

              

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  	 
      	
                          NGPC
      ASSET HOLDINGS, LP

                        
	 
      	
                          By:

                        	
                          NGPC
      Asset Holdings GP, LLC

                        
	 
      	 
      	
                          Its
      general partner

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        
	 
      	 
      	 
      
	 
      	
                          NGPC
      NEVADA, LLC

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        
	 
      	 
      	 
      
	 
      	
                          NGPC
      ASSET HOLDINGS III, LP

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        
	 
      	 
      	 
      
	 
      	
                          NGPC
      HOLDINGS IV, LP

                        
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      
	 
      	 
      	
                          Name:

                        
	 
      	 
      	
                          Title:

                        

                

              

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                	 
      	
                        LENDERS:

                      
	 
      	 
      	 
      
	 
      	
                        SUNTRUST BANK,
      individually and as Administrative Agent and as a
Lender

                      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                        By:

                      	 
      
	 
      	
                        Name: 
      

                      	 
	 
      	
                        Title: 
      

                      	 
      

              

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          
            
              	 
      	
                      COMMERZBANK,
      AG

                    
	 
      	 
      	 
      
	 
      	
                      By:

                    	 
      
	 
      	
                       

                    	
                      
                        Name: 
      Andrew Campbell

                      

                    
	 
      	
                       

                    	
                      
                        Title: 
      Senior Vice president

                      

                    
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                      By:

                    	 
      
	 
      	
                       
      

                    	
                      Name: 
      Janet Lee

                    
	 
      	
                       
      

                    	
                      
                        Title: 
      Assistant
Treasurer

                      

                    

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          
            
              	 
      	
                      LANDESBANK
      BADEN-WÜRTTEMBERG

                    
	 
      	 
      	 
      
	 
      	
                      By:

                    	 
      
	 
      	
                       
      

                    	
                      Name: 
      Simone Ehmann

                    
	 
      	
                       
      

                    	
                      
                        Title: 
      Vice President

                      

                    
	 
      	 
      	 
      
	 
      	
                      By:

                    	 
      
	 
      	
                       

                    	
                      Name: 
      Konrad Kestering

                    
	 
      	
                       
      

                    	
                      
                        Title: 
      Assistant Vice
President

                      

                    

            

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          
            	 
      	
                    BRANCH
      BANK AND TRUST COMPANY

                  
	 
      	 
      	 
      
	 
      	
                    By:

                  	 
      
	 
      	
                     
      

                  	
                    Name: 
      Greg Drabik

                  
	 
      	
                     

                  	
                    Title: 
      Vice President

                  

          

        

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        
          
            	 
      	
                    AMERICAN
      NATIONAL BANK

                  
	 
      	 
      	 
      
	 
      	
                    By:

                  	 
      
	 
      	
                     

                  	
                    
                      Name: 
      GARY W. VICK

                    

                  
	 
      	
                     

                  	
                    Title: 
      Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}]]