Fifth Amendment to Credit Agreement. Administrative Agent shall have received executed counterparts of this Amendment from each of the Borrower, the Administrative Agent and the Majority Lenders.
Fifth Amendment to Credit Agreement. This Fifth Amendment and Waiver to the Credit Agreement (this “Amendment”) dated as of August 12, 2016, is among California Resources Corporation, a Delaware corporation (the “Borrower”), each of the undersigned Guarantors, each Lender (as defined below) party hereto, and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (in such capacity, together with its successors and assigns, the “Administrative Agent”).
Fifth Amendment to Credit Agreement. This Amendment shall have been duly executed and delivered by each of the parties hereto.
Fifth Amendment to Credit Agreement. This Amendment to Credit Agreement shall be in full force and effect.
Fifth Amendment to Credit Agreement. The Company, the Banks and the Agent shall have executed and delivered to the Noteholders (or their special counsel) a copy of the Fifth Amendment, which shall be in form and substance satisfactory to the Noteholders and their special counsel.
Fifth Amendment to Credit Agreement. As an inducement to the Administrative Agent and each Lender to execute, and in consideration of the Administrative Agent and each Lender’s execution of, the Amendment, each of the undersigned hereby consents to this Amendment and agrees that this Amendment shall in no way release, diminish, impair, reduce or otherwise adversely affect the obligations and liabilities of such undersigned under the Guaranty executed by such undersigned in connection with the Credit Agreement, or under any other Loan Documents executed by the undersigned to secure any of the Obligations (as defined in the Credit Agreement), all of which are in full force and effect. Each of the undersigned further represents and warrants to the Administrative Agent and the Lenders that (a) the representations and warranties in each Loan Document to which it is a party are true and correct in all material respects on and as of the date of this Amendment as though made on the date of the Amendment, (b) before and after giving effect to the Amendment, it is in compliance with all covenants and agreements contained in each Loan Document to which it is a party, and (c) before and after giving effect to this Amendment, no Default or Potential Default has occurred and is continuing. The undersigned hereby releases, discharges and acquits Administrative Agent and each Lender from any and all claims, demands, actions, causes of action, remedies, and liabilities of every kind or nature (including without limitation, offsets, reductions, rebates, and lender liability) arising out of any act, occurrence, transaction or omission occurring in connection with the Guaranty prior to the date of the Amendment. This Guarantors’ Consent and Agreement shall be binding upon the undersigned, and its permitted assigns, if any, and shall inure to the benefit of the Administrative Agent, each Lender and their respective successors and assigns. [Signature Page Follows] Fifth Amendment to Credit Agreement GUARANTORS: GULF ISLAND WORKS, LLC, a Louisiana limited liability company By: GULF ISLAND FABRICATION, INC., a Louisiana corporation, its sole member By: /s/ Xxxxxxx X. Xxx Name: Xxxxxxx X. Xxx Title: President & CEO GULF ISLAND EPC, LLC, a Louisiana limited liability company By: GULF ISLAND FABRICATION, INC., a Louisiana corporation, its sole member By: /s/ Xxxxxxx X. Xxx Name: Xxxxxxx X. Xxx Title: President & CEO GULF MARINE FABRICATORS, LIMITED PARTNER, L.L.C., a Louisiana limited liability company By: GULF ISLAND ...
Fifth Amendment to Credit Agreement. This Fifth Amendment to the Sixth Amended and Restated Credit Agreement (this “Amendment”), dated as of December 12, 2017, is among Xxxxxxx Oil and Gas Corporation, a Delaware corporation (the “Borrower”), Xxxxxxx Petroleum Corporation, a Delaware corporation (the “Parent Guarantor”), the Restricted Subsidiaries of the Parent Guarantor signatory hereto (the “Obligors”), each Lender (as defined below) party hereto, and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (in such capacity, together with its successors and assigns, the “Administrative Agent”).
Fifth Amendment to Credit Agreement. This Fifth Amendment to Credit Agreement (this “Fifth Amendment”) dated as of June 28, 2017, is among Energy One LLC, a limited liability company duly formed and existing under the laws of the State of Wyoming (the “Borrower”); the undersigned Guarantor (the “Guarantor”) and collectively with the Borrower, the “Obligors”); and APEG Energy II L.P., as administrative agent for the Lender (in such capacity, together with its successors, the “Administrative Agent”).
Fifth Amendment to Credit Agreement. The Credit Agreement is, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:
Fifth Amendment to Credit Agreement. FINANCIAL COVENANTS Borrower, Holding Company and the Subsidiaries shall not breach or fail to comply with any of the following financial covenants, each of which shall be calculated in accordance with GAAP consistently applied:
