DEBTOR-IN-POSSESSION CREDIT AGREEMENTCredit Agreement • May 26th, 2016 • Breitburn Energy Partners LP • Crude petroleum & natural gas • New York
Page ARTICLE I DEFINITIONS 1 1.01 Certain Defined Terms 1 1.02 Other Interpretive Provisions 28 1.03 Accounting Principles 28 ARTICLE II THE CREDIT 29 2.01 Amounts and Terms of the Commitments 29 2.02 Procedure for Borrowings 30 2.03 Conversion and Continuation Elections 31 2.04 Optional Commitment Reductions and Optional Prepayments 31 2.05 Mandatory Prepayments of Loans 32 2.06 Repayment 35 2.07 Fees 35 2.08 Computation of Fees and Interest 37 2.09 Payments by the Company; Borrowings Pro Rata 37 2.10 Issuing the Letters of Credit 38 2.11 Payments to the Administrative Agent; Several Obligations of the Lenders 41 2.12 Sharing of Payments 43 2.13 Swing Line Loans 43 2.15 Defaulting Lenders 46 2.15 Increase in DIP Facility 49 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY; REPLACEMENT OF LENDERS 50 3.01 Taxes 50 3.02 Illegality 54 3.03 Increased Costs and Reduction of Return 55 3.04 Funding Losses 56 3.05 Inability to Determine Rates 57 3.06 Certificates of Lenders 57 3.07 Mitigatio
