Definitions.............................................................................................................. 2
1.2 Headings. ............................................................................................................... 2
1.3 Subdivisions........................................................................................................... 2
1.4 Number. ................................................................................................................. 2
1.5 Statutes, Regulations and Rules............................................................................. 2
1.6 Permitted Encumbrances. ...................................................................................... 3
1.7 Monetary References. ............................................................................................ 3
1.8 Time. ...................................................................................................................... 3
1.9 Governing Law. ..................................................................................................... 3
1.10 Enurement.............................................................................................................. 3
1.11 Amendments. ......................................................................................................... 3
1.12 No Waiver.............................................................................................................. 3
1.13 Severability. ........................................................................................................... 4
1.14 Inconsistency.......................................................................................................... 4
1.15 Accounting Terms and Principles.......................................................................... 4
1.16 Changes in GAAP or Accounting Policies. ........................................................... 4
1.17 Schedules. .............................................................................................................. 5
1.18 Knowledge of a Person. ......................................................................................... 6
1.19 Amendment and Restatement ................................................................................ 6
ARTICLE 2
CONDITIONS PRECEDENT TO EFFECTIVENESS..................................................... 7
2.1 Conditions Precedent To Effectiveness. ................................................................ 7
ARTICLE 3
CREDIT FACILITIES....................................................................................................... 8
3.1 Revolving Syndicated Facility............................................................................... 8
3.2 Operating Facility. ................................................................................................. 9
3.3 Non-Revolving Syndicated Facility....................................................................... 9
3.4 Extension of Termination Date.............................................................................. 9
3.5 Maturity Date....................................................................................................... 12
3.6 Repayment under Revolving Facilities................................................................ 12
3.7 Repayment under Non-Revolving Syndicated Facility ....................................... 13
3.8 Prepayment and Cancellation. ............................................................................. 14
3.9 Use of Proceeds.................................................................................................... 15
3.10 Types of Accommodation.................................................................................... 15
3.11 Interest and Fees. ................................................................................................. 16
3.12 Borrowing Base. .................................................................................................. 20
3.13 Swap Facilities