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ARTICLE I

DEFINITIONS AND ACCOUNTING MATTERS

SECTION 1.01

TERMS DEFINED ABOVE

SECTION 1.02

CERTAIN DEFINED TERMS

SECTION 1.03

TYPES OF LOANS AND BORROWINGS

18

SECTION 1.04

TERMS GENERALLY; RULES OF CONSTRUCTION

19

SECTION 1.05

ACCOUNTING TERMS AND DETERMINATIONS; GAAP

19

ARTICLE II

THE CREDITS

SECTION 2.01

COMMITMENTS

19

SECTION 2.02

LOANS AND BORROWINGS

20

SECTION 2.03

REQUESTS FOR BORROWINGS

21

SECTION 2.04

INTEREST ELECTIONS

21

SECTION 2.05

FUNDING OF BORROWINGS

23

SECTION 2.06

TERMINATION AND REDUCTION OF AGGREGATE MAXIMUM CREDIT AMOUNTS

23

SECTION 2.07

BORROWING BASE

24

SECTION 2.08

LETTERS OF CREDIT

26

ARTICLE III

PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES

SECTION 3.01

REPAYMENT OF LOANS

31

SECTION 3.02

INTEREST

31

SECTION 3.03

ALTERNATE RATE OF INTEREST

32

SECTION 3.04

PREPAYMENTS

32

SECTION 3.05

FEES

34

SECTION 3.06

EXTENSION OF MATURITY DATE

35

ARTICLE IV

PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS

SECTION 4.01

PAYMENTS GENERALLY; PRO RATA TREATMENT; SHARING OF SET-OFFS

36

SECTION 4.02

PRESUMPTION OF PAYMENT BY THE BORROWER

37

SECTION 4.03

CERTAIN DEDUCTIONS BY THE ADMINISTRATIVE AGENT

37

SECTION 4.04

DISPOSITION OF PROCEEDS

37

ARTICLE V

INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES; ILLEGALITY

SECTION 5.01

INCREASED COSTS

38

SECTION 5.02

BREAK FUNDING PAYMENTS

39

SECTION 5.03

TAXES

39

SECTION 5.04

MITIGATION OBLIGATIONS

40

SECTION 5.05

ILLEGALITY

40

ARTICLE VI

CONDITIONS PRECEDENT

SECTION 6.01

EFFECTIVE DATE

41

SECTION 6.02

EACH CREDIT EVENT

43

ARTICLE VII

REPRESENTATIONS AND WARRANTIES

SECTION 7.01

ORGANIZATION; POWERS

44

SECTION 7.02

AUTHORITY; ENFORCEABILITY

44

SECTION 7.03

APPROVALS; NO CONFLICTS

44

SECTION 7.04

FINANCIAL CONDITION; NO MATERIAL ADVERSE CHANGE

44

SECTION 7.05

LITIGATION

45

SECTION 7.06

ENVIRONMENTAL MATTERS

45

SECTION 7.07

COMPLIANCE WITH THE LAWS AND AGREEMENTS; NO DEFAULTS

46

SECTION 7.08

INVESTMENT COMPANY ACT

47

SECTION 7.09

TAXES

47

SECTION 7.10

ERISA

47

SECTION 7.11

DISCLOSURE; NO MATERIAL MISSTATEMENTS

48

SECTION 7.12

INSURANCE

48

SECTION 7.13

RESTRICTION ON LIENS

48

SECTION 7.14

SUBSIDIARIES

48

SECTION 7.15

LOCATION OF BUSINESS AND OFFICES

49

SECTION 7.16

PROPERTIES; TITLES, ETC

49

SECTION 7.17

MAINTENANCE OF PROPERTIES

50

SECTION 7.18

GAS IMBALANCES, PREPAYMENTS

50

SECTION 7.19

MARKETING OF PRODUCTION

50

SECTION 7.20

SWAP AGREEMENTS

51

SECTION 7.21

USE OF LOANS AND LETTERS OF CREDIT

51

SECTION 7.22

SOLVENCY

51

ARTICLE VIII

AFFIRMATIVE COVENANTS

SECTION 8.01

FINANCIAL STATEMENTS; OTHER INFORMATION

52

SECTION 8.02

NOTICES OF MATERIAL EVENTS

54

SECTION 8.03

EXISTENCE; CONDUCT OF BUSINESS

55

SECTION 8.04

PAYMENT OF OBLIGATIONS

55

SECTION 8.05

PERFORMANCE OF OBLIGATIONS UNDER LOAN DOCUMENTS

55

SECTION 8.06

OPERATION AND MAINTENANCE OF PROPERTIES

55

SECTION 8.07

INSURANCE

56

SECTION 8.08

BOOKS AND RECORDS; INSPECTION RIGHTS

56

SECTION 8.09

COMPLIANCE WITH LAWS

56

SECTION 8.10

ENVIRONMENTAL MATTERS

56

SECTION 8.11

FURTHER ASSURANCES

57

SECTION 8.12

RESERVE REPORTS

58

SECTION 8.13

TITLE INFORMATION

59

SECTION 8.14

ADDITIONAL COLLATERAL; ADDITIONAL GUARANTORS

60

SECTION 8.15

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