FOURTH AMENDED AND RESTATED CREDIT AGREEMENT AMONG PARALLEL PETROLEUM CORPORATION, AS BORROWER, AND CITIBANK, N.A. AND THE INSTITUTIONS NAMED HEREIN, AS LENDERS, AND CITIBANK, N.A. AS JOINT LEAD ARRANGER AND ADMINISTRATIVE AGENT, AND BNP PARIBAS, AS...Credit Agreement • May 22nd, 2008 • Parallel Petroleum Corp • Crude petroleum & natural gas • Texas
THIS FOURTH AMENDED AND RESTATED CREDIT AGREEMENT (hereinafter referred to as this “Agreement”) executed as of the 16th day of May, 2008, is by and among PARALLEL PETROLEUM CORPORATION, a Delaware corporation (“Borrower”), and CITIBANK, N.A., a national banking association (“Citibank”), and each of the financial institutions which is a party hereto (as evidenced by the signature pages to this Agreement) or which may from time to time become a party hereto pursuant to the provisions of Section 29 hereof or any successor or assignee thereof (hereinafter collectively referred to as “Lenders”, and individually, “Lender”), and Citibank, as Joint Lead Arranger and as Administrative Agent (“Agent”) and BNP Paribas, as Joint Lead Arranger and as Syndication Agent (“Syndication Agent”).
