Amendments to U.S. Credit Agreement. A. The definition of “
Amendments to U.S. Credit Agreement. A. Section 1.1 of the U.S. Credit Agreement is hereby amended by inserting the following definitions to such Section:
Amendments to U.S. Credit Agreement. In reliance on the representations and warranties of the U.S. Borrower and the Canadian Borrower contained herein, and subject to the terms, and satisfaction of the conditions precedent, set forth in Section IV hereof, the U.S. Credit Agreement shall be amended effective as of the Effective Date in the manner provided in this Section I:
Amendments to U.S. Credit Agreement. A. The definition of "Indebtedness" in Section 1.1 of the U.S. Credit Agreement hereby is amended in its entirety to read as follows:
Amendments to U.S. Credit Agreement. A. Section 1.1 of the U.S. Credit Agreement hereby is amended by inserting the following definitions of “Alaska Assets”, “
Amendments to U.S. Credit Agreement. A. Section 1.1 of the U.S. Credit Agreement hereby is amended by inserting the following definitions of "Senior Unsecured Debt Rating" and "Senior Unsecured Debt Rating Level" in appropriate alphabetical order:
Amendments to U.S. Credit Agreement. A. The definition of “Guarantor” contained in Section 1.1 of the U.S. Credit Agreement is hereby amended in its entirety to read as follows:
Amendments to U.S. Credit Agreement. A. Section 1.1 of the U.S. Credit Agreement hereby is amended by amending and restating the following definitions of "Alternate Base Rate", "Lantern Sale and Leaseback" and "Total Debt" in their entirety to read as follows:
Amendments to U.S. Credit Agreement. In reliance on the representations and warranties of the U.S. Borrower and the Canadian Borrower contained herein, and subject to the terms, and satisfaction of the conditions precedent, set forth in Section IV hereof, the definition of “Maturity Date” contained in Section 1.1 of the U.S. Credit Agreement shall be amended and restated effective as of the Effective Date in full as follows:
Amendments to U.S. Credit Agreement. A. Section 7.4(h) of the U.S. Credit Agreement is hereby amended through the addition of a new sentence at the end of Section 7.4(h) to read as follows: “Notwithstanding the foregoing, Borrower shall be permitted to transfer all or substantially all of its Oil and Gas Properties located on the Outer Continental Shelf of the Gulf of Mexico and State waters of the States of Louisiana and Texas (collectively, the “Offshore Gulf Properties”) to its Unrestricted Subsidiary, Forest Energy Resources, Inc. (“FERI”), in connection with the spin-off and merger of FERI with a subsidiary of Mariner Energy, Inc.”
