SEC Contract Filing

Filing Date: 2019-02-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.60
<SEQUENCE>3
<FILENAME>exhibit1060cei2018form10-k.htm
<DESCRIPTION>EXHIBIT 10.60
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2019 Workiva -->
 <title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sBDCC3CB598184CEB5C3F2E3A094D5F92"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit 10.60</font></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;padding-top:3px;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">EXECUTION VERSION</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">FIRST AMENDMENT TO </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">COMMON TERMS AGREEMENT</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:6px;text-indent:46px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">This First Amendment, dated as of November 28, 2018 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">First Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), amends the Amended and Restated Common Terms Agreement, dated as of May 22, 2018 (as amended, amended and restated, modified or supplemented from time to time, the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Common Terms Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;), by and among Cheniere Corpus Christi Holdings, LLC (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Borrower</font><font style="font-family:inherit;font-size:12pt;">&#8221;), Corpus Christi Liquefaction, LLC, Cheniere Corpus Christi Pipeline, L.P. and Corpus Christi Pipeline GP, LLC (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Guarantors</font><font style="font-family:inherit;font-size:12pt;">&#8221; and, together with the Borrower, the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Loan Parties</font><font style="font-family:inherit;font-size:12pt;">&#8221;), Soci&#233;t&#233; G&#233;n&#233;rale as the Term Loan Facility Agent, The Bank of Nova Scotia as the Working Capital Facility Agent, each other Facility Agent on behalf of its respective Facility Lenders, and Soci&#233;t&#233; G&#233;n&#233;rale as the Intercreditor Agent. All capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Common Terms Agreement.</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:6px;text-indent:46px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, pursuant to certain terms of the Finance Documents, it was intended that the Loan Parties would be permitted to enter into both secured and unsecured gas and power hedging arrangements; and</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:6px;text-indent:46px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, the Intercreditor Agent is executing this amendment pursuant to Section 3.2(a)(i) (</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Voting Generally: Intercreditor Party Decisions and Intercreditor Votes</font><font style="font-family:inherit;font-size:12pt;">), Section 4.4 (</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Administrative Decisions</font><font style="font-family:inherit;font-size:12pt;">) and Schedule 2 (</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Administrative Decisions</font><font style="font-family:inherit;font-size:12pt;">) of the Intercreditor Agreement in order to amend the Common Terms Agreement to cure certain ambiguities and inconsistencies with respect to the hedging terms therein.</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:6px;text-indent:46px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">NOW, THEREFORE, in consideration of the mutual covenants contained herein, and subject to the terms and conditions herein set forth, the parties hereto agree as follows:</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:6px;text-indent:46px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Section 1. </font><font style="font-famil