November 18, 2024
Exhibit 10.01
November 18, 2024
To: |
OGE Energy Corp./Oklahoma Gas and Electric Company Bank Group |
|
|
From: |
▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent |
Re: (i) OGE Energy Corp. (“OGE”) $550 Million Amended and Restated Credit Agreement dated as of December 17, 2021 (the “OGE Credit Agreement”) and (ii) Oklahoma Gas and Electric Company (“OG&E”) $550 Million Amended and Restated Credit Agreement dated as of December 17, 2021 (the “OG&E Credit Agreement” and together with the OGE Credit Agreement, the “Credit Agreements”)
Reference is hereby made to the Credit Agreements described above. Capitalized terms used herein without definition shall have the meanings ascribed to such terms in the Credit Agreements.
Pursuant to Section 2.21 of the OGE Credit Agreement, OGE has requested that the Revolving Credit Termination Date be extended for an additional one year until December 18, 2029. ▇▇▇ has agreed to pay each Lender approving the extension a fee equal to 0.06% of such ▇▇▇▇▇▇’s Commitment; provided that such fee shall only be payable if and when the extension of the Revolving Credit Termination Date until December 18, 2029 becomes effective.
Pursuant to Section 2.21 of the OG&E Credit Agreement, OG&E has requested that the Revolving Credit Termination Date be extended for an additional one year until December 18, 2029. OG&E has agreed to pay each Lender approving the extension a fee equal to 0.06% of such ▇▇▇▇▇▇’s Commitment; provided that such fee shall only be payable if and when the extension of the Revolving Credit Termination Date until December 18, 2029 becomes effective.
Please insert your institution’s name and indicate on the following page whether you consent to the requested extension of the Revolving Credit Termination Date for each of the OGE Credit Agreement and the OG&E Credit Agreement until December 18, 2029, and email a PDF copy of this letter to ▇▇▇▇ ▇▇▇▇▇▇▇ at ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇, P.A. (▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇).
The extension of the Revolving Credit Termination Date under the OGE Credit Agreement and the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029 shall become effective with respect to the Commitments of each Lender approving such extension on December 18, 2024.
Your response is requested prior to 5:00 p.m. (ET) on December 9, 2024.
Please contact ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (phone: ▇▇▇-▇▇▇-▇▇▇▇; email: ▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇) if you have any questions.
Thank you for your attention to this matter.
▇▇▇▇▇ Fargo, National Association hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇
Title: Managing Director
Date: December 5, 2024
JPMorgan Chase Bank N.A. hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
Title: Vice President
Date: December 9th, 2024
Mizuho Bank, Ltd. hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇▇▇▇▇
Title: Managing Director
Date: December 9, 2024
MUFG BANK, LTD. hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ Nietzsche Rodricks
Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Managing Director
Date: December 9th, 2024
ROYAL BANK OF CANADA hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇
Name: ▇▇▇ ▇▇▇▇▇▇▇▇
Title: Authorized Signatory
Date: December 8th, 2024
U.S. Bank National Association hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇ ▇▇▇▇▇▇
Title: Senior Vice President
Date: December 5, 2024
BANK OF AMERICA, N.A. hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇
Name: ▇▇▇▇▇▇▇ ▇▇▇▇
Title: Authorized Signatory
Date: December 9, 2024
BARCLAYS BANK PLC hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Director
Date: December 9, 2024
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A. hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇
Name: ▇▇▇▇▇▇▇ ▇▇▇▇
Title: Authorized Signatory
Date: December 9th, 2024
PNC BANK, NATIONAL ASSOCIATION hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Title: Senior Vice President
Date: December 5, 2024
The Bank of Nova Scotia hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Director
Date: December 9th, 2024
BOK Financial, NA hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇▇ ▇▇▇▇▇
Title: Senior Vice President
Date: December 5th, 2024
Bank of Communications Co., Ltd., New York Branch hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇
Name: ▇▇▇▇▇▇ ▇▇▇▇
Title: Deputy General Manager
Date: December 6, 2024
BancFirst hereby (select one):
Lender Name
X CONSENTS to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OGE Credit Agreement to December 18, 2029.
X CONSENTS to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
______ DOES NOT consent to the extension of the Revolving Credit Termination Date under the OG&E Credit Agreement to December 18, 2029.
By: /s/ ▇▇▇▇ ▇▇▇▇
Name: ▇▇▇▇ ▇▇▇▇
Title: Senior Vice President
Date: December 6, 2024