Document:

atls-ex1030c_716.htm

Exhibit 10.30(c)

SECOND AMENDMENT TO CREDIT AGREEMENT

 

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Agreement”), dated as of January 20, 2016, is by and among Atlas Energy Group, LLC, a Delaware limited liability company (the “Parent”), New Atlas Holdings, LLC, a Delaware limited liability company (the “Borrower”), the Lenders party hereto  and Riverstone Credit Partners, L.P., as Administrative Agent (the “Administrative Agent”) for the lenders party to the Credit Agreement referred to below (the “Lenders”).

 

RECITALS:

 

A.The Borrower, the Parent, the Lenders and the Administrative Agent are parties to that certain Credit Agreement, dated as of August 10, 2015 (as amended by that certain Amendment to Credit Agreement, dated as of August 24, 2015 and as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”), pursuant to which the Lenders have provided certain Commitments (subject to the terms and conditions thereof) to the Borrower. 

 

B.The Borrower has requested that the Administrative Agent and Majority Lenders, and the Administrative Agent and the Lenders party hereto (pursuant to the terms hereof) have agreed to, amend the Credit Agreement as more specifically described herein.

 

C.The Lenders signatory hereto and the Administrative Agent are willing to consent to such accommodation under the Credit Agreement, as more fully described herein, and upon satisfaction of the conditions set forth herein, this Agreement shall become effective as of the Effective Date.

 

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

SECTION 1.Capitalized Terms.  Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement.

 

SECTION 2.Amendment to Credit Agreement. In reliance on the representations, warranties, covenants and agreements contained in this Agreement, and subject to the terms and conditions contained herein, the parties hereto hereby agree that: 

 

(a)Section 1.02 of the Credit Agreement is hereby amended by amending and restating the definition of “Atlas Lightfoot Component” in its entirety to read as follows:

 

“Atlas Lightfoot Component” means, as of the determination date, an amount equal to the fair market value of the Equity Interests in Lightfoot Capital Partners, LP directly held by Atlas Lightfoot and subject to a perfected first priority Lien in favor of the Administrative Agent for the benefit of the Secured Creditors pursuant to the Loan Documents. For purposes of this definition, “fair market value” will be that value determined in good faith by the Board of Directors of the Parent and acceptable to the Administrative Agent and based, among other things, on (i) the Gulf LNG Component, (ii) the Arc Logistics Unit Price at such time multiplied by the number of units of Arc Logistics Partners, LP owned by Lightfoot Capital Partners, LP as of such date and (iii) the aggregate principal amount of Debt for which Lightfoot Capital Partners, LP is then obligated.  

(b)Section 8.01(c) of the Credit Agreement is hereby amended by amending and restating such section in its entirety to read as follows:

 

 

	
 
	
(i)
	
Concurrently with any delivery of financial statements under Section 8.01(a) or Section 8.01(b), a compliance certificate of a Financial Officer of the Borrower in substantially the form of Exhibit D-1 hereto certifying as to whether a Default has occurred and, if a Default has occurred, specifying the details thereof and any action taken or proposed to be taken with respect thereto and setting forth reasonably detailed calculations demonstrating compliance with Section 9.01. Each such certificate (including the financial statements and calculations delivered with such certificate) shall include reasonably detailed information regarding all cash dividends and distributions received by the Parent and any Restricted Subsidiary from Persons other than Restricted Subsidiaries which were included in the calculations of the ratios that are the subject of Section 9.01 hereof (which information shall include a reconciliation of the Parent’s calculation of EBITDA versus the calculation of Consolidated Net Income in accordance with GAAP) and the calculation of Distributable Cash; 

 

	
 
	
(ii)
	
within five Business Days after the end of each fiscal quarter, beginning with the quarter ending September 30, 2015 and ending with (but including) the fiscal quarter ending June 30, 2016, a compliance certificate of a Financial Officer of the Borrower in substantially the form of Exhibit D-2 hereto setting forth reasonably detailed calculations, based upon estimated financial statements available internally as of such determination date, demonstrating compliance with Section 9.01(c) and (B) within five Business Days after the end of each fiscal month, beginning with the month ending July, 2016, a compliance certificate of a Financial Officer of the Borrower in substantially the form of Exhibit D-2 hereto setting forth reasonably detailed calculations, based upon estimated financial statements available internally as of such determination date, demonstrating compliance with Section 3.04(c)(i)(B); and

 

	
 
	
(iii)
	
concurrently with any delivery of financial statements under Section 8.01(a) or Section 8.01(b), updates to the compliance certificates delivered pursuant to clause (ii) above, with calculations based upon such financials.

 

For the avoidance of doubt, any noncompliance, Default or Event of Default under this Agreement (including with respect to Section 3.04(c)(i)(B) and Section 9.01) arising or resulting from the updates required pursuant to clause (iii) above shall be retroactive to the end of the relevant fiscal quarter or other applicable time period under this Agreement.

 

(c)Section 1.02 of the Credit Agreement is hereby amended by incorporating the following definition in appropriate alphabetical order:

 

“Gulf LNG Component” means with respect to any Rolling Period, the product of (a) cash dividends or cash distributions actually received by Atlas Lightfoot from Lightfoot Capital Partners, LP in such Rolling Period on account of the equity interests of Gulf LNG Holdings Group, LLC held by Lightfoot Capital Partners, LP multiplied by (b) 8; provided that for the purposes of determining the ratio described above for the Rolling Periods ending December 31, 2015 and March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending  September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 2 and 4/3, respectively.

(d)Section 8.12(b) of the Credit Agreement is hereby deleted in its entirety.

 

2

 

(e)Exhibit D-2 to the Credit Agreement is hereby amended and restated in its entirety as attached hereto as Annex 1. 

 

SECTION 3.Condition to Effectiveness.  This Agreement shall become effective on the date (the “Effective Date”) on which the Administrative Agent shall have received executed counterparts (in such number as may be requested by the Administrative Agent) of this Agreement from the Borrower, the Parent, the Administrative Agent and the Majority Lenders.

 

SECTION 4.Miscellaneous.  

 

(a)Confirmation.  The provisions of the Loan Documents, as waived or otherwise modified hereby, shall remain in full force and effect in accordance with their terms following the effectiveness of this Agreement, without any other waiver, amendment or modification thereof.

 

(b)Ratification and Affirmation; Representations and Warranties.  Each of the undersigned does hereby adopt, ratify, and confirm the Credit Agreement and the other Loan Documents to which it is a party, as modified hereby, and its obligations thereunder.  Each of the Borrower and the Parent hereby (i) acknowledges, renews and extends its continued liability under, each Loan Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect, except as expressly modified hereby and (ii) represents and warrants to the Lenders that: (1) as of the date hereof, after giving effect to the terms of this Agreement, all of the representations and warranties contained in the Credit Agreement and each Loan Document to which it is a party are true and correct, except to the extent any such representations and warranties are expressly limited to an earlier date, in which case, on and as of the date hereof, such representations and warranties shall continue to be true and correct as of such specified earlier date and (2) immediately after giving effect to this Agreement, no Default or Event of Default will have occurred and be continuing.

 

(c)Loan Document.  This Agreement and each agreement, instrument, certificate or document executed by the Borrower and the Parent or any of their officers in connection therewith are “Loan Documents” as defined and described in the Credit Agreement and all of the terms and provisions of the Loan Documents relating to other Loan Documents shall apply hereto and thereto.

 

(d)Miscellaneous.  This Agreement (i) shall be binding upon and inure to the benefit of the Loan Parties, the Lenders and the Administrative Agent and their respective successors and assigns (provided, however, no party may assign its rights hereunder except in accordance with the Credit Agreement), (ii) may be modified or amended only in accordance with the Credit Agreement and (iii) may be executed by one or more of the parties hereto in any number of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument.  Delivery of an executed signature page to this Agreement by facsimile transmission or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

 

(e)GOVERNING LAW.  THIS AGREEMENT (INCLUDING, BUT NOT LIMITED TO, THE VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

 

 [Signature pages follow]

 

 

3

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date first written above.

 

NEW ATLAS HOLDINGS, LLC, as Borrower
ATLAS ENERGY GROUP, LLC, as Parent

 

By:/s/ Jeffrey Slotterback
Name: Jeffrey Slotterback
Title:   Chief Financial Officer and 
Authorized Signatory

 

 

 

 

 

 

 

[Signature Page to Second Amendment to Credit Agreement]

 

RIVERSTONE CREDIT PARTNERS, L.P.,
as Administrative Agent and as Lender

By: RCP F1 GP, L.P.,  its general partner

 

By: RCP F1 GP, L.L.C., its general partner

 

 

By:  /s/ Christopher Abbate

Name: Christopher Abbate

Title: Managing Director

 

 

 

 

 

 

 

 

 

[Signature Page to Second Amendment to Credit Agreement]

 

AEG ASSET MANAGEMENT, LLC,
as a Lender

 

 

 

By:  /s/ Daniel Herz

Name: Daniel Herz

Title: 

 

[Signature Page to Second Amendment to Credit Agreement]

 

THE LEON AND TOBY COOPERMAN FAMILY FOUNDATION,
as a Lender

 

 

 

By:  /s/ Leon G. Cooperman

Name: Leon G. Cooperman

Title: Trustee

 

 

 

[Signature Page to Second Amendment to Credit Agreement]

 

Annex 1

 

Exhibit D-2

(see attached)

 

 

 

EXHIBIT D-2

FORM OF COMPLIANCE CERTIFICATE FOR ASSET COVERAGE RATIO

The undersigned, a Financial Officer of the Borrower, hereby certifies that he/she is the [___________] of New Atlas Holdings, LLC, a Delaware limited liability company (the “Borrower”), and that as such he/she is authorized to execute this certificate on behalf of the Borrower.  With reference to the Credit Agreement dated as of August 10, 2015 (together with all amendments, restatements, supplements or other modifications thereto being the “Credit Agreement”), among Atlas Energy Group, LLC (the “Parent”), a Delaware limited liability company, the Borrower, Riverstone Credit Partners, L.P., as Administrative Agent, and the lenders (the “Lenders”) from time to time party thereto, the undersigned represents and warrants as follows (each capitalized term used herein having the same meaning given to it in the Credit Agreement unless otherwise specified):

[Use following paragraph 1 for compliance for quarters ended December 31, 2015, March 31, 2016, and June 30, 2016]

1.Attached hereto as Schedule 1 are reasonably detailed calculations demonstrating compliance with Section 9.01(c) of the Credit Agreement.

[Use following paragraph 1 for compliance for months ended July 31, 2016, and thereafter]

1.Attached hereto as Schedule 1 are reasonably detailed calculations demonstrating compliance with Section 3.04(c)(i)(B) of the Credit Agreement.

[Use following paragraph 2 for if the Borrower does not meet the Asset Coverage Ratio set forth in Section 3.04(c) of the Credit Agreement]

2.[The Borrower will prepay the principal of any Loans outstanding hereunder necessary to achieve an Asset Coverage Ratio greater than or equal to 2.00 to 1.00 by [date]1.] [The Borrower will provide the Administrative Agent, for the benefit of the Secured Creditors, a perfected Lien on additional Oil and Gas Properties sufficient in value to remedy such non-compliance by [date]2.]

 

	
	 

	
1
	
 Date to be within 10 Business Days of end of applicable month.

	
2
	
 Date to be within 30 days of end of applicable month.

D-2-1

 

 

 

EXECUTED AND DELIVERED this _____ day of [________], 20[__].

New Atlas Holdings, LLC

 

By: 
Name:
Title:  

 

D-2-2

 

 

 

Schedule 1

				
	
Asset Coverage Ratio.

	
A.
	
Asset Value:
	
 

	
 
	
1.
	
Liquidity:
	
1. $__________ 

	
 
	
2.
	
ARP Component:

(i) The number of ARP Units (other than the ARP A Units) constituting Qualifying ARP Units as of such day:

_________________

multiplied by 

the ARP Unit Price as of such day:

$_________________;

plus

(ii) the ARP A Unit Amount3 as of such day:

_________________

multiplied by 

the ARP Unit Price as of such day:

$_________________.
	
 

 

 

 

 

 

 

 

 

 

 

 

2. $__________

	
 
	
3.
	
ARP GP Component:

Cash dividends or cash distributions actually received by the Parent during such twelve calendar months on ARP A Units4:

$_________________

multiplied by

17.5.
	
 

 

 

 

 

3. $__________

	
	 

	
3
	
 “ARP A Unit Amount” means the product of (a) the result of the aggregate amount of ARP LP Units divided by 0.98 multiplied by (b) 0.02. “ARP LP Units” means the ARP Common Units and the ARP Preferred Units (other the ARP A Units).

	
4
	
 For the purposes of determining the ratio described above for the Rolling Periods ending September 30, 2015, December 31, 2015 and March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending  September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 4, 2 and 4/3, respectively.

D-2-3

 

 

 

				
	
 
	
4.
	
Atlas Lightfoot Component:

An amount equal to

(i) the fair market value of the Equity Interest in Lightfoot Capital Partners LP

(ii) directly held by Atlas Lightfoot 

For purposes of the Atlas Lightfoot Component, “fair market value” will be that value determined in good faith by the Board of Directors of the Parent and acceptable to the Administrative Agent and based, among other things, on:

(i) cash dividends or cash distributions actually received by Atlas Lightfoot from Lightfoot Capital Partners, LP on account of the equity interests of Gulf LNG Holdings Group, LLC held by Lightfoot Capital Partners, LP multiplied by (b) 85:

$_________________

and

(ii) the number of common units representing limited partnership interests in Arc Logistics Partners LP held by Lightfoot Capital Partners, LP:

__________________

multiplied by

the Arc Logistics Unit Price at such time:

$__________________

and

(iii) the aggregate principal amount of Debt for which Lightfoot Capital Partners, LP is then obligated:

$_________________.
	
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4. $__________

	
	 

	
5 
	
 For the purposes of determining the ratio described above for the Rolling Periods ending December 31, 2015 and  March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 2 and 4/3, respectively.

 

D-2-4

 

 

 

				
	
5.
	
 
	
Arc Logistics Component:

(i) The number of equity interests of  Arc Logistics Partners, LP held by a Loan Party that are subject to a perfected first priority Lien in favor of the Administrative Agent for the benefit of the Secured Creditors pursuant to the Loan Documents (which Lien is perfected by “control” in accordance 

with the applicable Uniform Commercial Code including, without limitation, Section 8.106, 9.106 and 9.314 thereof) as of such day:

_________________

multiplied by 

the Arc Logistics Unit Price as of such day:

$_________________

 
	
 

 

 

 

 

 

 

 

 

 

5. $__________

	
 
	
6.
	
Atlas Lightfoot GP Component:

Cash dividends and distributions actually received by a Loan Party on account of its Equity Interests in Lightfoot Capital Partners GP LLC during such twelve calendar months6:

$_________________

multiplied by

20.
	
 

 

 

 

 

6. $__________

	
 
	
7.
	
Atlas Growth Partners GP Component:

Cash dividends or cash distributions actually received by Atlas Growth Partners GP during such twelve calendar months on account of its general partnership interest in Atlas Growth Partners7:

$_________________

multiplied by

17.5.
	
 

 

 

 

 

 

7. $__________

	
	 

	
6
	
 For the purposes of determining the ratio described above for the Rolling Periods ending September 30, 2015, December 31, 2015 and March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending  September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 4, 2 and 4/3, respectively.

	
7
	
 For the purposes of determining the ratio described above for the Rolling Periods ending September 30, 2015, December 31, 2015 and March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending  September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 4, 2 and 4/3, respectively.

D-2-5

 

 

 

				
	
 
	
8.
	
Other Midstream GP Component (if any):

Cash dividends or distributions actually received by a Loan Party on account of its Equity Interests in any other Person (other than a Loan Party) engaged in Midstream Activities 

during such twelve calendar months8: 

$_________________

multiplied by

20.
	
 

 

 

 

 

 

8. $__________

	
 
	
9.
	
Other Upstream GP Component (if any):

Cash dividends or distributions actually received by a Loan Party on account of its Equity Interests in any Person (other than a Loan Party) engaged in Upstream Activities during such twelve calendar months9:

$_________________

multiplied by 

17.5.
	
 

 

 

 

 

 

9. $__________

	
 
	
10.
	
Parent Component:

The sum of 

(i) with respect to any Proved Reserves directly owned by the Parent, the Present Value of such reserves as specified in the most recent Reserve Report delivered pursuant to this Agreement and net, for the avoidance of doubt, of all Reserves subject to any production payment:

$_________________

and 

(ii) in the case of all other Oil and Gas Properties or Midstream Assets directly owned by the Parent, the fair market value of such property as determined by a third party valuation firm satisfactory to the Administrative Agent:

$_________________.
	
 

 

 

 

 

 

 

 

 

 

 

 

 

 

10. $_________

	
	 

	
8
	
 For the purposes of determining the ratio described above for the Rolling Periods ending September 30, 2015, December 31, 2015 and March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending  September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 4, 2 and 4/3, respectively.

	
9
	
 For the purposes of determining the ratio described above for the Rolling Periods ending September 30, 2015, December 31, 2015 and March 31, 2016, the cash dividends and distributions received shall be deemed to equal the cash dividends and distributions received in such fiscal quarter (and, in the case of the fiscal quarter ending December 31, 2015, the fiscal quarters ending September 30, 2015 and December 31, 2015 and in the case of March 31, 2016, the fiscal quarters ending  September 30, 2015, December 31, 2015 and March 31, 2016) multiplied by 4, 2 and 4/3, respectively.

D-2-6

 

 

 

				
	
 
	
11.
	
Asset Value: 

Lines A.1 + A.2 +A.3 + A.4 + A.5 + A.6 + A.7 + A.8 + A.9 + A.10
	
 

 

11. $_________

	
B.
	
Total Funded Debt
	
B. $__________

	
C.
	
Asset Coverage Ratio (Line A.11 ÷ Line B):
	
C. _____ to 1.00

	
Minimum Required:
	
[1.75][2.00] to 1.00

 

 

 

D-2-7atls-ex1030d_1257.htm

Exhibit 10.30(d)

THIRD AMENDMENT TO CREDIT AGREEMENT AND FIRST AMENDMENT TO SECURITY AGREEMENT

 

THIS THIRD AMENDMENT TO CREDIT AGREEMENT AND FIRST AMENDMENT TO SECURITY AGREEMENT (this “Agreement”), dated as of March 30, 2016, is by and among Atlas Energy Group, LLC, a Delaware limited liability company (the “Parent”), New Atlas Holdings, LLC, a Delaware limited liability company (the “Borrower”), Atlas Lightfoot, LLC, a Delaware limited liability company (“Atlas Lightfoot”), the Lenders party hereto and Riverstone Credit Partners, L.P. (“Riverstone”), as Administrative Agent (the “Administrative Agent”) for the lenders party to the Credit Agreement referred to below (the “Lenders”).

 

RECITALS:

 

A. The Borrower, the Parent, the Lenders and the Administrative Agent are parties to that certain Credit Agreement, dated as of August 10, 2015 (as amended by that certain Amendment to Credit Agreement, dated as of August 24, 2015 and by that Second Amendment to Credit Agreement, dated as of January 20, 2016 and as further amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Original Credit Agreement” and as further amended by this Agreement, the “Credit Agreement”), pursuant to which the Lenders have provided certain Commitments (subject to the terms and conditions thereof) to the Borrower. 

 

B. In connection with the execution and delivery of the Original Credit Agreement, the Borrower, the Parent, Atlas Lightfoot and the Administrative Agent entered into that certain Security Agreement dated as of August 10, 2015 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Security Agreement”). 

 

C. The Borrower and the Lenders have agreed that a portion of the Indebtedness owing under the Credit Agreement in an aggregate principal amount equal to $35,854,916, which is comprised of Loans in a principal amount of $33,450,000 and the outstanding Prepayment Premium in an aggregate amount of $2,404,916, shall be bifurcated from the Indebtedness owing under the Credit Agreement and shall constitute second lien loans under that certain Second Lien Credit Agreement, dated as of the date hereof (the “Second Lien Credit Agreement”), by and among the Borrower, Riverstone, as administrative agent thereunder, and the lenders party thereto.

 

D. The Borrower has requested that the Administrative Agent and Majority Lenders, and the Administrative Agent and the Lenders party hereto (pursuant to the terms hereof) have agreed to, amend each of the Original Credit Agreement and the Security Agreement as set forth herein.

 

E. The Lenders signatory hereto and the Administrative Agent are willing to consent to such amendment of the Original Credit Agreement and the Security Agreement, as more fully described herein, and upon satisfaction of the conditions set forth herein, this Agreement shall become effective as of the Effective Date.

 

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

SECTION 1. Capitalized Terms.  Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement.

 

 

 

SECTION 2. Amendment of Original Credit Agreement. In reliance on the representations, warranties, covenants and agreements contained in this Agreement, and subject to the terms and conditions contained herein, the parties hereto agree as follows:

 

(a) the Original Credit Agreement shall be amended effective as of the Effective Date by incorporating the blacklined changes shown on the marked copy of the Original Credit Agreement attached hereto as Exhibit A; 

 

(b) Exhibit D to the Original Credit Agreement (Form of Compliance Certificate) is hereby amended and restated in its entirety in the form attached hereto as Exhibit B and made a part hereof and the Credit Agreement.

 

(c) Annex I to the Original Credit Agreement (List of Commitments) is hereby amended and restated in its entirety in the form attached hereto as Annex I and made a part hereof and the Credit Agreement.

 

(c) the schedules to the Original Credit Agreement are hereby amended and restated in their entirety in the form  attached hereto as Schedule 1 and made a part hereof and the Credit Agreement.

 

SECTION 3. Amendment of Security Agreement. In reliance on the representations, warranties, covenants and agreements contained in this Agreement, and subject to the terms and conditions contained herein, the parties hereto agree as follows:

 

(a) The definition of “Pledged Interests” set forth therein is amended and restated in its entirety as follows:

 

“Pledged Interests” means any Grantor’s right, title and interest in and to all of the Equity Interests now owned or hereafter acquired by such Grantor (other than Equity Interests issued by Atlas Resource Partners Holdings, LLC, Atlas Resource Finance Corporation, their respective Subsidiaries, the Subsidiaries of Atlas Resource Partners, L.P. and the Atlas Lightfoot, LLC and equity interests of Lightfoot Capital Partners GP, LLC), including, for the avoidance of doubt, the ARP A Units, the Class C Preferred Units, the ARP Units, regardless of class or designation, including in each of the Pledged Companies, and all substitutions therefor, replacements thereof and additions thereto, all proceeds, interest, profits and other income thereof and all rights relating thereto, including any certificates or instruments representing the Equity Interests, the right to receive any certificates or instruments representing any of the Equity Interests, and the right to receive all dividends (cash, stock or otherwise), distributions of income, profits, surplus, or other compensation by way of income or liquidating distributions, in cash or in kind, and all cash, instruments, rights to subscribe, purchase or sell, all other rights and property from time to time received, receivable, or otherwise distributed in respect of or in addition to, in substitution of, on account of, or in exchange for any or all of the foregoing, and all books and records relating to any of the foregoing.  “Pledged Interests” does not include any Equity Interests that constitute Excluded Property.

 

(b) Section 3.2(d) of the Security Agreement is hereby amended and restated in its entirety as follows: 

 

(d) for each Investment Account (other than any Excluded Deposit Account) whether now existing or hereafter acquired or created, the respective Grantor shall cause the institution with which the Investment Account is maintained to execute and deliver to the Administrative Agent within ten (10) Business Days of, with respect to now existing Investment Accounts, the 

 

 

Third Amendment Effective Date, and with respect to all other Investment Accounts, such Investment Account's creation or acquisition (or such later date as the Administrative Agent may agree in its sole discretion), a “control agreement” in form and substance reasonably satisfactory to the Administrative Agent. If any institution with which an Investment Account is maintained refuses to, or does not, enter into such a “control agreement” for an Investment Account for which a “control agreement” is required by the preceding terms of this Section 3.2(d), then the respective Grantor shall promptly (and in any event within ten (10) Business Days of the date of such refusal or failure (or such later date as the Administrative Agent may agree in its sole discretion)) close such Investment Account and transfer all balances therein to another Investment Account meeting the requirements of this Section 3.2(d); and

 

(b) The schedules to the Security Agreement are hereby amended and restated in their entirety in the form of Schedule 2 attached hereto and made a part hereof and the Credit Agreement.

 

SECTION 4. Condition to Effectiveness.  This Agreement shall become effective on the date (the “Effective Date”) the following conditions are satisfied:

 

(a) the Administrative Agent shall have received executed counterparts (in such number as may be requested by the Administrative Agent) of this Agreement from the Borrower, the Parent, the Administrative Agent, AEG and the Majority Lenders; 

 

(b) the Administrative Agent shall have received a certificate of an authorized officer of each Loan Party dated as of the Effective Date certifying to the effect that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors, board of managers or member, as the case may be, of each Loan Party authorizing the execution, delivery and performance of this Agreement, and that such resolutions have not been modified, rescinded or amended, such resolutions are in full force and effect and there are no plans to modify rescind or amend such resolutions;

 

(c) the Administrative Agent shall have received all reasonable and documented out-of-pocket costs and expenses due to the Administrative Agent and the Lenders and required to be paid on the Effective Date (including, to the extent invoiced prior to the Effective Date, the reasonable and documented fees and expenses of Latham & Watkins, LLP, counsel to the Administrative Agent); provided, however, that the Administrative Agent shall not be entitled to receive fees, costs and expenses, together with fees, costs and expenses paid to the Administrative Agent and its counsel of the Second Lien Documents, in an aggregate amount in excess of $225,000;

 

(d) the Administrative Agent shall have received duly executed Notes payable to each Lender requesting a Note in a principal amount equal to its Commitment dated as of the Effective Date;

 

(e) the Administrative Agent shall have received prepayment of the Indebtedness owing under the Credit Agreement, consisting of a prepayment of the principal of the Loans in an aggregate amount equal to $4,250,000 and the accrued interest owing thereunder in an aggregate amount equal to $500,822.22; provided, however, if the aggregate amount of fees, costs and expenses of the Administrative Agent and its legal counsel paid pursuant to clause (c) above, together with fees, costs and expenses paid to the Administrative Agent and its counsel of the Second Lien Documents, does not exceed $225,000, then the amount equal to the difference between $225,000 and the aggregate amount of such fees, costs and expenses shall be applied to prepay the Loans; and

 

(f) (i) the Administrative Agent shall have received a fully executed copy of the Second Lien Credit Agreement, together with executed copies of the material Loan Documents (as defined in the Second Lien Credit Agreement) delivered in connection therewith, and (ii) the conditions to effectiveness 

 

 

set forth therein (other than the satisfaction of the condition set forth in this clause (e)(ii)) shall have been satisfied (or otherwise waived by the Lenders in accordance with the terms thereof).

 

SECTION 5. Post-Effectiveness Covenants.

 

(a) Within thirty (30) days following the Effective Date (or such longer period as the Administrative Agent may agree in its sole discretion), the Loan Parties shall provide the Administrative Agent with counterparts of properly executed account control agreements in respect of all accounts required to be subject to security by the terms of the Security Agreement and the other Security Instruments; provided, if any institution with which an account is maintained refuses to, or does not, enter into such a “control agreement” for an account for which a “control agreement” is required by the preceding terms of this Section 5(a), then the respective Loan Party shall promptly (and in any event within thirty (30) days of the date of such refusal or failure (or such later date as the Administrative Agent may agree in its sole discretion)) close such account and transfer all balances therein to another account subject to a properly executed account control agreement. 

 

(b) Within thirty (30) days following the Effective Date (or such longer period as the Administrative Agent may agree in its sole discretion), the Parent shall provide the Administrative Agent with counterparts of properly executed securities control account agreement or uncertificated securities control agreement with respect to the securities accounts or securities (other than Excluded Property) held by the Parent with American Stock Transfer and Trust Company, LLC, in form and substance reasonably acceptable to the Administrative Agent.

 

(c) Notwithstanding anything to the contrary set forth in the Security Agreement, deliver to the Administrative Agent, within thirty (30) days following the Effective Date (or such longer period as the Administrative Agent may agree in its sole discretion), a control agreement in order to perfect the Administrative Agent’s Liens in the Equity Interests of Atlas Growth Partners, L.P. owned by the Parent by “control” in form and substance reasonably acceptable to the Administrative Agent.

 

For the avoidance of doubt, the breach of any clause in this Section 5 shall become an immediate Event of Default.

           

SECTION 6. Miscellaneous.  

 

(a) Further Assurances.  Each of the Parent and the Borrower shall, and each shall cause each other Loan Party to, at its expense, promptly execute and deliver to the Administrative Agent all such other documents, agreements and instruments reasonably requested by the Administrative Agent to comply with, cure any defects or accomplish the conditions precedent, covenants and agreements of the Parent, the Borrower or any other Loan Party, as the case may be, in this Amendment or to further evidence, or to correct any omissions in this Amendment or the Security Instruments, or to state more fully the obligations secured therein, or to perfect, protect or preserve any Liens required pursuant to this Amendment or any of the Security Instruments or the priority thereof, or to make any recordings, file any notices or obtain any consents, all as may be reasonably necessary or appropriate, in the reasonable discretion of the Administrative Agent, in connection therewith.

 

(b) Confirmation.  The provisions of the Loan Documents, as waived or otherwise modified hereby, shall remain in full force and effect in accordance with their terms following the effectiveness of this Agreement, without any other waiver, amendment or modification thereof.

 

(c) Ratification and Affirmation; Representations and Warranties.  Each of the undersigned does hereby adopt, ratify, and confirm the Credit Agreement and the other Loan Documents to which it is a 

 

 

party, as modified hereby, and its obligations thereunder.  Each of the Borrower and the Parent hereby (i) acknowledges, renews and extends its continued liability under, each Loan Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect, except as expressly modified hereby and (ii) represents and warrants to the Lenders that: (1) as of the date hereof, after giving effect to the terms of this Agreement, all of the representations and warranties contained in the Credit Agreement and each Loan Document to which it is a party are true and correct, except to the extent any such representations and warranties are expressly limited to an earlier date, in which case, on and as of the date hereof, such representations and warranties shall continue to be true and correct as of such specified earlier date and (2) immediately after giving effect to this Agreement, no Default or Event of Default will have occurred and be continuing.

 

(d) Guarantors’ Acknowledgment and Ratification.  With respect to the amendments to the Credit Agreement effected by this Agreement, each Guarantor hereby acknowledges and agrees to this Agreement and confirms and agrees that the Guaranty Agreement and any Security Instrument to which it is a party (as modified and supplemented in connection with this Agreement) is and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that, upon the effectiveness of, and on and after the date of this Agreement, each reference in the Guaranty Agreement and any Security Instrument to the Credit Agreement, “thereunder,” “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as amended or modified by this Agreement.  Although Administrative Agent and the Lenders have informed the Guarantors of the matters set forth above, and each Guarantor has acknowledged the same, each Guarantor understands and agrees that neither Administrative Agent nor any Lender has any duty under the Credit Agreement, the Guaranty Agreement, any Security Instrument or any other agreement with any Guarantor to so notify any Guarantor or to seek such an acknowledgment, and nothing contained herein is intended to or shall create such a duty as to any transaction hereafter.  Each Loan Party hereby ratifies and reaffirms the validity, enforceability and perfection of the Liens and security interests granted to the Administrative Agent for the benefit of the Secured Creditors to secure the obligations of each Loan Party pursuant to the Loan Documents to which any Loan Party is a party and agrees that the Liens and security interests granted pursuant to the Loan Documents shall continue to secure such obligations under the Credit Agreement as amended by this Amendment.

 

(e) Loan Document.  This Agreement and each agreement, instrument, certificate or document executed by the Borrower and the Parent or any of their officers in connection therewith are “Loan Documents” as defined and described in the Credit Agreement and all of the terms and provisions of the Loan Documents relating to other Loan Documents shall apply hereto and thereto.

 

(f) Miscellaneous.  This Agreement (i) shall be binding upon and inure to the benefit of the Loan Parties, the Lenders and the Administrative Agent and their respective successors and assigns (provided, however, no party may assign its rights hereunder except in accordance with the Credit Agreement), (ii) may be modified or amended only in accordance with the Credit Agreement and (iii) may be executed by one or more of the parties hereto in any number of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument.  Delivery of an executed signature page to this Agreement by facsimile transmission or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

 

(g) GOVERNING LAW.  THIS AGREEMENT (INCLUDING, BUT NOT LIMITED TO, THE VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

 

 [Signature pages follow]

 

 

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date first written above.

 

	
 
	
NEW ATLAS HOLDINGS, LLC, as Borrower

	
 
	
ATLAS ENERGY GROUP, LLC, as Parent

	
 
	
 

	
 
	
 

	
 
	
By: 
	
/s/ Jeffrey Slotterback

	
 
	
Name: 
	
Jeffrey Slotterback

	
 
	
Title:
	
Chief Financial Officer

 

 

 

 

	
 
	
ATLAS LIGHTFOOT, LLC

	
 
	
 

	
 
	
 

	
 
	
By: 
	
/s/ Jeffrey Slotterback

	
 
	
Name:
	
Jeffrey Slotterback

	
 
	
Title:
	
Chief Financial Officer

 

 

 

 

[Signature Page to Third Amendment to Credit Agreement]

 

	
 
	
RIVERSTONE CREDIT PARTNERS, L.P.,

	
 
	
as Administrative Agent and as Lender

	
 
	
By: 
	
RCP F1 GP, L.P.,  its general partner

	
 
	
 
	
 

	
 
	
By: 
	
RCP F1 GP, L.L.C., its general partner

	
 
	
 
	
 

	
 
	
 
	
 

	
 
	
By:
	
/s/ Christopher A. Abbate

	
 
	
Name: 
	
Christopher A. Abbate

	
 
	
Title: 
	
Managing Director

 

 

 

 

[Signature Page to Third Amendment to Credit Agreement]

 

	
 
	
AEG ASSET MANAGEMENT, LLC,

	
 
	
as a Lender

	
 
	
 

	
 
	
 

	
 
	
 

	
 
	
By:
	
/s/ Jonathan Z. Cohen

	
 
	
Name:
	
Jonathan Z. Cohen

	
 
	
Title: 
	
Chief Financial Officer

 

 

 

 

 

[Signature Page to Third Amendment to Credit Agreement]

 

	
 
	
THE LEON AND TOBY COOPERMAN FAMILY FOUNDATION,

	
 
	
as a Lender

	
 
	
 

	
 
	
 

	
 
	
 

	
 
	
By:
	
/s/ Leon G. Cooperman

	
 
	
Name:
	
Leon G. Cooperman

	
 
	
Title: 
	
Trustee

 

 

 

 

[Signature Page to Third Amendment to Credit Agreement]

EXHIBIT A

Credit Agreement Changes

(see attached)

 

 

 

ANNEX 1

EXHIBIT D

FORM OF COMPLIANCE CERTIFICATE

The undersigned, a Financial Officer of the Borrower, hereby certifies that he/she is the [___________] of New Atlas Holdings, LLC, a Delaware limited liability company (the “Borrower”), and that as such he/she is authorized to execute this certificate on behalf of the Borrower.  With reference to the Credit Agreement dated as of August 10, 2015 (together with all amendments, restatements, supplements or other modifications thereto being the “Credit Agreement”), among Atlas Energy Group, LLC (the “Parent”), a Delaware limited liability company, the Borrower, Riverstone Credit Partners, L.P., as Administrative Agent, and the lenders (the “Lenders”) from time to time party thereto, the undersigned represents and warrants as follows (each capitalized term used herein having the same meaning given to it in the Credit Agreement unless otherwise specified):

[Use following paragraph 1 for fiscal year-end financial statements]

1. Attached hereto as Schedule 1 are the year-end audited financial statements (the “Financial Statements”) required by Section 8.01(a) of the Credit Agreement for the fiscal year of the Parent ended as of December 31, 20[_] (the “Reporting Date”), together with the report and opinion of an independent certified public accountant required by such section, including to the effect that such Financial Statements present fairly, in all material respects, the financial condition and results of operations of the Parent and its consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied.

[Use following paragraph 1 for fiscal quarter-end financial statements]

1. Attached hereto as Schedule 1 are the unaudited financial statements (the “Financial Statements”) required by Section 8.01(b) of the Credit Agreement for the fiscal quarter of the Parent ended as of _______________, 20[_] (the “Reporting Date”).  Such Financial Statements present fairly, in all material respects, the financial condition and results of operations of the Parent and its consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject to normal year-end audit adjustments and the absence of footnotes.

2. No Default has occurred as of the date hereof. 1

3. Attached hereto as Schedule 2 are reasonably detailed calculations showing compliance as of the Reporting Date with the requirements of Section 9.01 of the Credit Agreement.

3. Attached hereto as Schedule 3 is reasonably detailed information regarding all cash dividends and distributions received by the Parent and any Restricted Subsidiary from Persons other than Restricted Subsidiaries which were included in the calculations of EBITDA, including a reconciliation of the Parent’s calculation of EBITDA versus the calculation of Consolidated Net Income in accordance with GAAP.

[Insert additional Schedules reflecting calculations in respect of compliance with ARP financial covenants per Section 9.23]

 

 

1If a Default has occurred, the Borrower shall specify the details thereof and any action taken or proposed to be taken with respect thereto.

 

 

EXECUTED AND DELIVERED this _____ day of [________], 20[__].

 

	
 
	
New Atlas Holdings, LLC

	
 
	
 

	
 
	
By: 
	
 

	
 
	
Name:
	
 

	
 
	
Title:  
	
 

 

 

 

 

ANNEX 1

LIST OF COMMITMENTS

	
Name of Lender
	
Applicable Percentage
	
Commitment

	
Riverstone Credit Partners, L.P.
	
76.178960097%
	
$26,662,636.03

	
The Leon and Toby Cooperman Family Foundation
	
12.091898428%
	
$4,232,164.45

	
AEG Asset Management, LLC
	
11.729141475%
	
$4,105,199.52

	
 
	
 
	
 

	
 
	
 
	
 

	
 
	
 
	
 

	
 
	
 
	
 

	
 
	
 
	
 

	
Total
	
100%
	
$ 35,000,000.00

 

 

 

SCHEDULE 1

 

Schedules to Credit Agreement

(see attached)

 

 

 

 

 

SCHEDULE 7.15

SUBSIDIARY INTERESTS

 

					
	
Subsidiary
	
Jurisdiction of Formation
	
100% Owner 
(except as set forth below)
	
Type of Equity Interest
	
Number of Issued Shares

	
Atlas Energy Company, LLC
	
DE
	
Parent
	
LLC Membership
	
N/A

	
New Atlas Holdings, LLC
	
DE
	
Parent
	
LLC Membership
	
N/A

	
Atlas Energy Resource Services, Inc.
	
DE
	
Atlas Energy Company, LLC
	
Common Stock
	
1,000

	
ATLAS LIGHTFOOT, LLC
	
DE
	
Borrower1
	
LLC Membership
	
N/A

	
Atlas Resource Partners, L.P.2 and its Subsidiaries3
	
DE
	
Parent4
	
General Partner Interest
(Class A Preferred Units)
	
N/A

	
Borrower5
	
Limited Partnership Interest (Common Units)
	
102,421,097

	
Borrower6
	
Limited Partnership Interest (Class C Preferred Units)
	
3,749,986

	
Atlas Growth Partners GP, LLC and its Subsidiaries3
	
DE
	
Borrower7
	
LLC Membership
	
N/A

 

1 The Borrower is the Class A Member and owns 90% of the member interests of this entity.

2 Publicly-traded limited partnership.

3 Such entity and its Subsidiaries are Unrestricted Subsidiaries.

4 The Parent owns 2% of the general partnership interests (Class A Units) of this entity.

5 The Borrower owns 20,962,485 Common Units representing 19.8% of the limited partnership interests of this entity.

6 The Borrower owns 3,749,986 Class C Preferred Units representing 3.5% of the limited partnership interests of this entity.

7 The Borrower owns 80% of the member interests of this entity.

SCHEDULE 7.15 TO CREDIT AGREEMENT

 

 

RESTRICTED SUBSIDIARIES INFORMATION

 

	
Entity Name
	
Type of Organization
	
Jurisdiction
of
Formation
	
Foreign Qualification
	
EIN
	
Organizational
Identification
Number
	
Chief Executive
Office

	
ATLAS LIGHTFOOT, LLC
	
Limited liability company
	
DE
	
None
	
##-#######
	
4170768
	
Park Place Corporate
Center One
1000 Commerce Drive
Suite 400
Pittsburgh, PA 15275

	
New Atlas Holdings, LLC
	
Limited liability company
	
DE
	
None
	
##-#######
	
5687273
	
Park Place Corporate
Center One
1000 Commerce Drive
Suite 400
Pittsburgh, PA 15275

 

 

 

 

 

SCHEDULE 7.15 TO CREDIT AGREEMENT

 

SCHEDULE 7.20

MARKETING CONTRACTS

 

None.

SCHEDULE 7.20 TO CREDIT AGREEMENT

 

 

SCHEDULE 9.02

EXISTING DEBT

None.

 

 

SCHEDULE 9.02 TO CREDIT AGREEMENT

 

 

SCHEDULE 9.03

EXISTING LIENS

None.

 

 

SCHEDULE 9.03 TO CREDIT AGREEMENT

 

 

SCHEDULE 9.05

INVESTMENTS

Investments made in Subsidiaries listed on Schedule 7.15 prior to the Effective Date.

Other Investments:

					
	
Entity
	
Jurisdiction of Formation
	
Record Owner
	
Type of Equity Interest
	
Ownership Interest

	
Lightfoot Capital Partners GP LLC
	
DE
	
ATLAS LIGHTFOOT, LLC
	
Series A LLC Membership
	
13.2094%

	
ATLAS LIGHTFOOT, LLC
	
Series B LLC Membership
	
2.6927%

	
LIGHTFOOT CAPITAL PARTNERS, LP
	
DE
	
ATLAS LIGHTFOOT, LLC
	
Limited Partnership Interests
	
11.9902%

 

 

SCHEDULE 2

 

 

 

 

 

Schedules to Security Agreement

(see attached)

 

 

 

 

SCHEDULE 4.3

GRANTOR INFORMATION

	
Grantor Name
	
Type of Organization
	
Jurisdiction
of
Formation
	
Foreign Qualification
	
EIN
	
Organizational
Identification
Number
	
Chief Executive
Office

	
Atlas Energy Group, LLC (f/k/a Atlas Resource Partners GP, LLC)
	
Limited liability company
	
DE
	
None
	
##-#######
	
5051545
	
Park Place Corporate
Center One
1000 Commerce Drive
Suite 400
Pittsburgh, PA 15275

	
ATLAS LIGHTFOOT, LLC
	
Limited liability company
	
DE
	
None
	
##-#######
	
4170768
	
Park Place Corporate
Center One
1000 Commerce Drive
Suite 400
Pittsburgh, PA 15275

	
New Atlas Holdings, LLC
	
Limited liability company
	
DE
	
None
	
##-#######
	
5687273
	
Park Place Corporate
Center One
1000 Commerce Drive
Suite 400
Pittsburgh, PA 15275

 

 

 

SCHEDULE 2

SCHEDULE 4.4

CHANGE IN CIRCUMSTANCES

			
	
Grantor Name
	
Former Entity Name
	
Date of Amendment

	
Atlas Energy Group, LLC
	
Atlas Resource Partners GP, LLC
	
November 3, 2014

 

 

 

SCHEDULE 2

SCHEDULE 4.5

TRADE NAMES

None.

 

 

 

SCHEDULE 2

SCHEDULE 4.6

PERFECTION ACTIONS

Uniform Commercial Code Filings

Secretary of State of the State of Delaware, with respect to (i) Atlas Energy Group, LLC, (ii) New Atlas Holdings, LLC, and (iii) ATLAS LIGHTFOOT, LLC.

Control Agreements

Execution of a “control agreement” for (i) each Investment Account as required by Section 3.2(d) of the Agreement and (ii) any uncertificated ARP Units, Class C Preferred Units or Pledged Interests as requested by the Administrative Agent, as required by Section 3.1(c) of the Agreement.

Delivery

None.

 

 

 

SCHEDULE 2

SCHEDULE 4.7

OTHER FINANCING STATEMENTS

None.

 

 

 

SCHEDULE 2

SCHEDULE 4.8

LOCATION OF INVENTORY AND EQUIPMENT

1845 Walnut Street
10th Floor
Philadelphia, PA 19103

Park Place Corporate Center One
1000 Commerce St., 4th Floor
Pittsburgh, PA 15275

 

 

 

SCHEDULE 2

SCHEDULE 4.9

CERTAIN SIGNIFICANT TRANSACTIONS

None other than with respect to the Spin-Off Transaction (as defined in the Existing Credit Agreement).

 

 

 

SCHEDULE 2

SCHEDULE 4.11

DEPOSIT, COMMODITIES AND SECURITIES ACCOUNTS

 

DEPOSIT ACCOUNTS

	
 
	
Key Bank Account #
	
Bank of America Account #
	
Past 12 mos
Over $600,000?

	
ATLAS LIGHTFOOT, LLC
	
############
	
 
	
Yes

	
 
	
 
	
##########
	
No

	
New Atlas Holdings, LLC
	
############
	
 
	
Yes

 

 

 

SECURITY ACCOUNTS

 

New Atlas Holdings, LLC has two securities accounts at American Stock Transfer and Trust Company with the following account numbers:  ########## and ##########.

 

 

 

 

SCHEDULE 2

SCHEDULE 4.12

COMMERCIAL TORT CLAIMS

None.

 

 

 

SCHEDULE 2

SCHEDULE 4.13

PLEDGED EQUITY INTERESTS

	
Issuer
	
Form and
Jurisdiction of
Organization
	
Type of Equity Interest
Certificate Information
	
Beneficial Owner that
is a Grantor
	
% of Total Interests
Owned by Grantor

	
New Atlas Holdings, LLC
	
DE LLC
	
Membership Interests Uncertificated
	
Atlas Energy Group, LLC
	
100%

	
Atlas Energy Company, LLC
	
DE LLC
	
Membership Interests Uncertificated
	
Atlas Energy Group, LLC 
	
100%

	
Atlas Resource Partners, L.P.
	
DE LP
	
General Partner Interests
	
Atlas Energy Group, LLC
	
2% (Class A Preferred Units)

	
Atlas Resource Partners, L.P.
	
DE LP
	
Limited Partnership Interests  
	
New Atlas Holdings, LLC
	
19.8% (Common Units) and 3.5% (Class C Preferred Units)

	
Atlas Growth Partners GP, LLC
	
DE LLC
	
Membership Interests Uncertificated
	
New Atlas Holdings, LLC
	
80.01%

	
LIGHTFOOT CAPITAL PARTNERS, LP
	
DE LP
	
Limited Partnership Interests
	
ATLAS LIGHTFOOT, LLC
	
11.9902%

 

 

 

 

SCHEDULE I

SCHEDULE 4.15

PATENTS AND TRADEMARKS

PATENTS

None.

 

TRADEMARKS

			
	
Grantor
	
Mark
	
Registration No.

	
Atlas Energy Group, LLC
	
ATLAS ENERGY
	
4065555

	
Atlas Energy Group, LLC
	
ATLAS ENERGY
	
4216363

	
Atlas Energy Group, LLC
	

	
4043933

	
Atlas Energy Group, LLC
	

	
4090913

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