展覽 10.11

經修訂和重述的信貸協議的第二修正案

這個 經修訂和重述的信貸協議的第二修正案 （這個”修正案”)，製作和簽訂爲 2023 年 3 月 30 日，之前和之中 派克鑽探公司，特拉華州的一家公司（”家長借款人”），母借款人的某些子公司被指定爲”借款人” 開啓 此處的簽名頁（每頁 a”子公司借款人” 與母借款人一起，統稱爲”借款人”），母借款人的某些子公司被指定爲 ”擔保人” 在本協議的簽名頁上（統稱爲”擔保人”）、本修正案的當事方金融機構（統稱，”貸款人”)，以及 美國銀行， 不是。，一家全國性的銀行協會（”美國銀行”），作爲貸款人的行政代理人（以這種身份，”行政代理”）和信用證發行人。

答：借款人和擔保人已簽訂了截至2019年10月8日的某些經修訂和重述的信貸協議（截至 由截至2021年3月26日的《經修訂和重述的信貸協議第一修正案》修訂，以及在本協議發佈之日之前不時進行的進一步補充或修改，”信貸協議”），與 其貸款方和行政代理人；

b. 借款人希望對信貸協議進行某些修改以生效 從倫敦銀行同業拆借利率過渡到SOFR，貸款人和行政代理人願意根據此處規定的條款和條件進行過渡。

C. 考慮到此處所載的前提和共同契約，出於良好和有價值的考慮，收據和 特此確認其充分性，雙方協議如下：

1. 定義。此處使用的所有術語均在 此處未另行定義的信貸協議應具有信貸協議中賦予的含義。

2. 修正案.

(a) 信貸協議（但不包括附表和附錄），除非有明確規定，否則該協議應保持完全的效力和效力 特此修訂（根據本修正案修訂），刪除刪除刪節文本（文字表示方式與以下示例相同： 飽受災害 文本）並添加雙下劃線文本（用與以下示例相同的方式在文本上顯示： 雙下劃線文本) 如頁面中所述 信貸協議隨函附上 附件一 以及任何此類條款或規定 附件一 與信貸協議中規定的不同之處應在所有方面由條款取代和取代 信貸協議的條款載於 附件一。從修正案生效日期（定義見下文）起和之後，不得借入歐洲美元貸款（定義見本修正案之前有效的信貸協議） 已發放但沒有貸款可以繼續作爲歐元美元貸款； 提供的 修正案生效日的任何未償歐洲美元貸款均可繼續保持未償還狀態，並按倫敦銀行同業拆借利率計息（定義見信貸協議，如 根據信貸協議（在本修正案之前有效）的條款，在本修正案之前生效），直到其當前利息期結束爲止。

(b) 附表 5.7 (A) 和 (B), 5.14, 5.16, 5.18, 6.11 和 10.2 特此修訂和重述信貸協議的全部內容，如上所述 附件二 隨函附上。

3. 生效條件本修正案只有在完成以下前提條件（或行政代理人書面豁免）時，才會在上述日期之上生效，以滿足行政代理人和放款人的條件（“修訂生效日期”):

(a) 文件遞送方式行政代理人應在修正案生效日期或之前，收到以下文件，每份文件均應符合行政代理人的要求，並且除非另有規定，文件日期應爲修正案生效日期：

(i) 本修正案，由借款人、擔保方、行政代理人和放款人簽署；

(ii) 證書，由每個貸款方的負責人簽署，證書形式和內容應當令行政代理人合理滿意，證明，在考慮本修正案和本文件規定的其他交易後，（A）自結束日期以來，貸款方的組織文件未發生變化（或附有此類更改後的組織文件）；（B）授權執行和交付本修正案和本文件規定的其他交易的決議；（C）關於所述事項第三條3(c)和頁面。3(d) 下面; 和

(iii) 具有良好信譽的每個貸款方的證明書，由該貸款方組織管轄區的國務卿或其他適當官員簽發。

(b) 費用和支出借款人應當支付所有應支付給行政代理或在修改生效日期前已發生的費用，這些費用根據貸款文件需要支付，包括行政代理法律顧問的全部費用。

(c) 陳述與保證本修改及文章 V 在信貸協議（在生效本修正案後）及所有其他貸款文件中，所有實質方面均應是真實且正確的（除了對於本文本中已經被限定爲實質性的陳述或保證，對於這些陳述和保證將真實且正確而不受限定）於修正生效日期當日，就好像是在這一日期當日所做出的一樣（除了任何此類陳述或保證明確適用於較早日期，這種情況下，該陳述或保證應當在所有實質方面真實且正確的（除了對於本文本中已經被限定爲實質性的陳述或保證，對於這些陳述和保證將真實且正確而不受限定）於該較早日期當日）。

(d) 未違約；違約事件。在修正生效日期當日或根據本修正生效而持續進行時，未發生任何違約或違約事件。

4. 陳述與保證。借款人特此向行政代理人和放款人作出以下陳述和保證：

(a) 陳述與保證。在生效本修正案後，此處的陳述和保證， 文章 V 信貸協議及其他貸款文件中包含的所有陳述均在所有重要方面屬實和正確（但該重要性限定詞不適用於其中已被限定爲重要性的任何陳述或保證的情況，這些陳述和保證應在所有方面屬實和正確，但須遵循此種限定條件）截至該日期作爲檢視日期的狀態

 

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or warranty shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations or warranties that already are qualified or modified as to materiality in the text thereof, which representations and warranties shall be true and correct in all respects subject to such qualification) on and as of such earlier date).

(b) No Default. No Default or Event of Default has occurred and is continuing as of the Amendment Effective Date or would result from this Amendment becoming effective in accordance with its terms.

(c) Authorization, Etc. Each Loan Party is duly authorized to execute, deliver and perform this Amendment and each other Loan Document to which it is a party. The execution, delivery and performance of the Loan Documents, as amended hereby, have been duly authorized by all necessary action, and do not (i) contravene the terms of any Loan Party’s Organization Documents; (ii) conflict with or result in any breach or contravention of, under, or require any payment to be made under any Contractual Obligation to which a Loan Party is a party or affecting a Loan Party or the properties of a Loan Party or any of its Material Subsidiaries, except for conflicts, breaches or contraventions that could not reasonably be expected to result in a Material Adverse Effect, (iii) violate any Law or any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which a Loan Party or its property is subject; or (iv) result in the creation or imposition of any Lien on any property of the Borrowers or any Material Subsidiary except Liens created under the Loan Documents.

(d) Enforceability of Loan Documents. This Amendment is, and each other Loan Document to which any Loan Party is a party is, a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, except as enforceability may be limited by equitable principles or by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally.

(e) Governmental Approvals. No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Amendment or any other Loan Document.

5. Continued Effectiveness of the Credit Agreement and Other Loan Documents. Each Loan Party hereby (a) acknowledges and consents to this Amendment, (b) confirms and agrees that the Credit Agreement and each other Loan Document to which it is a party, in each case, to the extent amended hereby, is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects, except that on and after the Amendment Effective Date, all references in any such Loan Document to the “Credit Agreement”, the “Agreement”, “thereto”, “thereof”, “thereunder” or words of like import referring to the Credit Agreement shall mean the Credit Agreement as amended by this Amendment, and (c) confirms and agrees that, to the extent that any such Loan Document purports to assign or pledge to Administrative Agent, for the benefit of it and the Lenders, or to grant to Administrative Agent, for the benefit of it and the Lenders, a security interest in or Lien on any Collateral as security for the Obligations of the Loan Parties from time to time existing in respect of the Credit Agreement and the other Loan Documents, such pledge, assignment and/or grant of the security interest or Lien is hereby ratified and confirmed in all respects. This Amendment does not and shall not affect any of the obligations of the Loan Parties, other than as expressly provided herein, including, without limitation, the Loan Parties’ obligations to repay the Loans in accordance with the terms of the Credit Agreement or the obligations of the Loan Parties under any Loan Document to which they are a party, all of which obligations, as amended hereby, shall remain in full force and effect and are hereby ratified and confirmed. The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of Administrative Agent or any Lender under the Credit Agreement or any other Loan Document nor constitute a waiver of any provision of the Credit Agreement or any other Loan Document.

 

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6. No Novation. Nothing herein contained shall be construed as a substitution or novation of the Obligations outstanding under the Credit Agreement or instruments securing the same, which shall remain in full force and effect, except as modified hereby.

7. No Representations by Administrative Agent or Lenders. Each Loan Party hereby acknowledges that it has not relied on any representation, written or oral, express or implied, by Administrative Agent or any Lender, other than those expressly contained herein, in entering into this Amendment.

8. Further Assurances. The Loan Parties shall execute any and all further documents, agreements and instruments, and take all further actions, as may be required under any applicable Law or as Administrative Agent may reasonably request, in order to effect the purposes of this Amendment.

9. Release. Each Loan Party hereby acknowledges and agrees that neither it nor any of its Subsidiaries has any Claim (as defined below) against Administrative Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing). Notwithstanding the foregoing, Administrative Agent and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any conditions, acts, omissions, events or circumstances arising prior to the Amendment Effective Date directly out of, connected with or related to this Amendment, the Credit Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, would impair or otherwise adversely affect any of their rights, interests, security and/or remedies under the Loan Documents. Accordingly, for and in consideration of the agreements contained in this Amendment and other good and valuable consideration, each Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and representatives of each of the foregoing) (collectively, the “Releasors”) does hereby fully, finally, unconditionally and irrevocably release, waive and forever discharge Administrative Agent and the Lenders, together with their respective Affiliates, and each of the directors, officers, employees, agents, attorneys and consultants of each of the foregoing (collectively, the “Released Parties”), from any and all debts, claims, allegations, obligations, damages, costs, attorneys’ fees, suits, demands, liabilities, actions, proceedings and causes of action, in each case, whether known or unknown, contingent or fixed, direct or indirect, and of whatever nature or description other than fraud or willful misconduct, and whether in law or in equity, under contract, tort, statute or otherwise, which any Releasor has heretofore had or now can, shall or may have against any Released Party by reason of any act, omission or thing whatsoever done or omitted to be done, in each case, on or prior to the Amendment Effective Date directly arising out of, connected with or related to this Amendment, the Credit Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of Administrative Agent or any Lender contained therein, or the making of any Loans or other advances under the Loan Documents or the management of such Loans or other advances or the Collateral (each of the foregoing, a “Claim”).

10. Miscellaneous.

(a) This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of this Amendment by facsimile or electronic mail shall be equally effective as delivery of an original executed counterpart of this Amendment.

(b) Section and paragraph headings herein are included for convenience of reference only and shall not constitute a part of this Amendment for any other purpose.

 

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(c) UNLESS EXPRESSLY PROVIDED IN ANY LOAN DOCUMENT, THIS AMENDMENT, THE OTHER LOAN DOCUMENTS AND ALL CLAIMS SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAW PRINCIPLES THAT WOULD SELECT THE LAWS OF A DIFFERENT STATE EXCEPT FEDERAL LAWS RELATING TO NATIONAL BANKS.

(d) Each Loan Party hereby acknowledges and agrees that this Amendment constitutes a “Loan Document” under the Credit Agreement.

(e) Any provision of this Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining portions hereof or affecting the validity or enforceability of such provision in any other jurisdiction.

[Remainder of Page Intentionally Left Blank;

Signature Page(s) Follow(s).]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered as of the date set forth on the first page hereof.

 

 

 

Signature Page to

Second Amendment to Amended and Restated Credit Agreement

 

 

Signature Page to

Second Amendment to Amended and Restated Credit Agreement

 

Signature Page to

Second Amendment to Amended and Restated Credit Agreement

 

Signature Page to

Second Amendment to Amended and Restated Credit Agreement

ANNEX I

Conformed Credit Agreement

[attached]

 

Annex I

ANNEX II

Updated Schedules

[attached]

 

Annex II