Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Credit Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Credit Agreement

Entities:

Atlas America, Inc.; Atlas Pipeline Partners, LP; First Union National Bank; First Union Securities, Inc.; International Paper Co.; PNC Bank, NA; Resource America, Inc.; Union Bank of California, NA; Wachovia Bank, NA; Wachovia Securities Inc.; Bank of New York; Haynes and Boone; Ledgewood Law Firm

Date:

2004

Size:

Preview shows 10KB of 2388KB total

Price:

$99

ID:

#406085

 

 

► Loans ► Credit Agreements
► Miscellany ► Fortune 100
► Commodities
► Financial
► Commodities ► Paper & Paper Products
► Energy ► Oil Well Services & Equipment
► Financial ► Money Center Banks
► Services ► Legal

 

 

Start of Preview


                                CREDIT AGREEMENT



Dated as of July 31, 2002

Among

ATLAS AMERICA, INC.,
as Borrower


AIC, INC.
ATLAS AMERICA, INC. (PA),
ATLAS ENERGY CORPORATION,
ATLAS ENERGY GROUP, INC.,
ATLAS ENERGY HOLDINGS, INC.
ATLAS NOBLE CORP.,
ATLAS RESOURCES INC.,
REI-NY, INC.,
RESOURCE AMERICA, INC.,
RESOURCE ENERGY, INC.,
VIKING RESOURCES CORPORATION
as Guarantors


WACHOVIA BANK, NATIONAL ASSOCIATION,
as Administrative Agent and Issuing Bank

UNION BANK OF CALIFORNIA, N.A.
As Syndication Agent

and

THE LENDERS SIGNATORY HERETO


$75,000,000 Senior Secured Revolving Credit Facility


WACHOVIA SECURITIES, INC.
as Lead Arranger
{PAGE}


TABLE OF CONTENTS
-----------------

{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE I Definitions and Accounting Matters.................................................................2

Section 1.01 Terms Defined Above......................................................................2
Section 1.02 Certain Defined Terms....................................................................2
Section 1.03 Accounting Terms and Determinations.....................................................15

ARTICLE II Commitments......................................................................................15

Section 2.01 Loans and Letters of Credit.............................................................15
Section 2.02 Borrowings, Continuations and Conversions, Letters of Credit............................16
Section 2.03 Changes of Commitments..................................................................17
Section 2.04 Fees....................................................................................18
Section 2.05 Several Obligations.....................................................................18
Section 2.06 Notes...................................................................................19
Section 2.07 Prepayments.............................................................................19
Section 2.08 Borrowing Base..........................................................................20
Section 2.09 Assumption of Risks.....................................................................21
Section 2.10 Obligation to Reimburse and to Prepay...................................................21
Section 2.11 Lending Offices.........................................................................23

ARTICLE III Payments of Principal and Interest..............................................................23

Section 3.01 Repayment of Loans......................................................................23
Section 3.02 Interest................................................................................23

ARTICLE IV Payments; Pro Rata Treatment; Computations; Etc..................................................24

Section 4.01 Payments................................................................................24
Section 4.02 Pro Rata Treatment......................................................................24
Section 4.03 Computations............................................................................25
Section 4.04 Non-receipt of Funds by the Administrative Agent........................................25
Section 4.05 Set-off, Sharing of Payments, Etc.......................................................25
Section 4.06 Taxes...................................................................................26

ARTICLE V Capital Adequacy..................................................................................29

Section 5.01 Additional Costs........................................................................29
Section 5.02 Limitation on LIBOR Loans...............................................................30
Section 5.03 Illegality..............................................................................30
Section 5.04 Base Rate Loans Pursuant to Sections 5.01, 5.02 and 5.03................................30
Section 5.05 Compensation............................................................................31

ARTICLE VI Conditions Precedent.............................................................................31

Section 6.01 Initial Funding.........................................................................31
Section 6.02 Initial and Subsequent Loans and Letters of Credit......................................33
Section 6.03 Conditions Precedent for the Benefit of Lenders.........................................33
Section 6.04 No Waiver...............................................................................33
{/TABLE}

i
{PAGE}


TABLE OF CONTENTS
-----------------

{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE VII Representations and Warranties..................................................................34

Section 7.01 Corporate Existence.....................................................................34
Section 7.02 Financial Condition.....................................................................34
Section 7.03 Litigation..............................................................................34
Section 7.04 No Breach...............................................................................34
Section 7.05 Authority...............................................................................35
Section 7.06 Approvals...............................................................................35
Section 7.07 Use of Loans............................................................................35
Section 7.08 ERISA...................................................................................35
Section 7.09 Taxes...................................................................................36
Section 7.10 Titles, etc.............................................................................36
Section 7.11 No Material Misstatements...............................................................37
Section 7.12 Investment Company Act..................................................................37
Section 7.13 Public Utility Holding Company Act......................................................37
Section 7.14 Partnership Interests...................................................................37
Section 7.15 Capitalization and Subsidiaries.........................................................37
Section 7.16 Location of Business and Offices........................................................39
Section 7.17 Defaults................................................................................38
Section 7.18 Environmental Matters...................................................................39
Section 7.19 Compliance with the Law.................................................................40
Section 7.20 Insurance...............................................................................40
Section 7.21 Hedging Agreements......................................................................40

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC