Preview | Term Loan Agreement |

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Article I DEFINITIONS		1
1.1	Certain Defined Terms	1
1.2	Other Interpretive Provisions	23
1.3	Accounting Principles	24
Article II THE CREDIT		24
2.1	Amounts and Terms of the Loans	24
2.2	Maturity Date	25
2.3	Conversion and Continuation Elections	25
2.4	Optional Prepayments	26
2.5	[Intentionally Omitted.]	27
2.6	Repayment	27
2.7	Interest	27
2.8	Fees	28
2.9	Computation of Fees and Interest	28
2.10	Payments by the Company; Loan Pro Rata	28
2.11	Payments by the Lenders to the Administrative Agent	29
2.12	Sharing of Payments, Etc	30
Article III TAXES, YIELD PROTECTION AND ILLEGALITY		30
3.1	Taxes	30
3.2	Illegality	32
3.3	Increased Costs and Reduction of Return	32
3.4	Funding Losses	33
3.5	Inability to Determine Rates	33
3.6	Certificates of Lenders	34
3.7	Substitution of Lenders	34
3.8	Survival	34
Article IV SECURITY		34
4.1	The Security	34
4.2	Agreement to Deliver Security Documents	34
4.3	Perfection and Protection of Security Interests and Liens	35
4.4	Offset	35
4.5	Guaranty	35
4.6	Maximum Liability	36
4.7	Production Proceeds	36
Article V CONDITIONS PRECEDENT		37
5.1	Conditions of the Effective Date	38
5.2	[Intentionally Omitted.]	40
Article VI REPRESENTATIONS AND WARRANTIES		40
6.1	Organization, Existence and Power	40
6.2	Corporate Authorization; No Contravention	40

6.3	Governmental Authorization	41
6.4	Binding Effect	41
6.5	Litigation	41
6.6	No Default	41
6.7	ERISA Compliance	41
6.8	Use of Proceeds; Margin Regulations	42
6.9	Title to Properties	42
6.10	Oil and Gas Reserves	42
6.11	Reserve Report	43
6.12	Gas Imbalances	43
6.13	Taxes	43
6.14	Financial Statements and Condition	44
6.15	Environmental Matters	44
6.16	Regulated Entities	44
6.17	No Burdensome Restrictions	44
6.18	Copyrights, Patents, Trademarks and Licenses, etc	44
6.19	Subsidiaries	45
6.20	Insurance	45
6.21	Full Disclosure	45
6.22	Solvency	45
6.23	Labor Matters	45
6.24	Midstream Contracts	46
6.25	Derivative Contracts	46
6.26	Exempt Subsidiaries; TTSI	46
6.27	[Intentionally Omitted.]	46
6.28	Output Acquisition Documents	46
6.29	Security Documents	46
Article VII AFFIRMATIVE COVENANTS		47
7.1	Financial Statements	47
7.2	Certificates; Other Production and Reserve Information	48
7.3	Notices	49
7.4	Preservation of Company Existence, Etc	50
7.5	Maintenance of Property	50
7.6	Insurance	50
7.7	Payment of Obligations	51
7.8	Compliance with Laws	51
7.9	Compliance with ERISA	51
7.10	Inspection of Property and Books and Records	51
7.11	Environmental Laws	52
7.12	New Subsidiary Guarantors	52
7.13	Use of Proceeds	52
7.14	Further Assurances	52
7.15	Output Acquisition	53
Article VIII NEGATIVE COVENANTS		53
8.1	Limitation on Liens	53
8.2	Disposition of Assets	56

8.3	Consolidations and Mergers	57
8.4	Loans and Investments	58
8.5	Limitation on Indebtedness	59
8.6	Transactions with Affiliates	60
8.7	Margin Stock	61
8.8	Contingent Obligations	61
8.9	Restricted Payments	61
8.10	Derivative Contracts	62
8.11	Sale Leasebacks	64
8.12	Consolidated Leverage Ratio	64
8.13	Current Ratio	64
8.14	Minimum Interest Coverage Ratio	64
8.15	Minimum PV 10 to Consolidated Total Debt Ratio	64
8.16	Change in Business	64
8.17	Accounting Changes	64
8.18	Certain Contracts; Amendments; Multiemployer ERISA Plans	64
8.19	Midstream Contracts	65
8.20	First Lien Credit Agreement	65
8.21	Limitation on Amendments to Output Acquisition Documents	65
8.22	Forward Sales, Production Payments, Etc	65
8.23	Use of Proceeds	66
Article IX EVENTS OF DEFAULT		66
9.1	Event of Default	66
9.2	Remedies	68
9.3	Rights Not Exclusive	69
Article X THE ADMINISTRATIVE AGENT		69
10.1	Appointment and Authorization; Limitation of Agency	69
10.2	Delegation of Duties	69
10.3	Liability of Administrative Agent	69
10.4	Reliance by Administrative Agent	70
10.5	Notice of Default	70
10.6	Credit Decision	70
10.7	Indemnification	71
10.8	Administrative Agent in Individual Capacity	71
10.9	Successor Administrative Agent	72
10.10	Withholding Tax	72
10.11	Arranger; Syndication Agent	74
10.12	Release of Collateral	74
Article XI MISCELLANEOUS		74
11.1	Amendments and Waivers	75
11.2	Notices	75
11.3	No Waiver; Cumulative Remedies	76
11.4	Costs and Expenses	76
11.5	Indemnity	77
11.6	Payments Set Aside	77

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11.7

Successors and Assigns