CRGY 8-K
Crescent Energy Co (CRGY)
8-K
2024-12-20
For: 2024-12-17
View Original
Added on
April 10, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 17, 2024
| (Exact Name of Registrant as Specified in its Charter) | ||||||||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||
( | ||||||||
| Registrant’s Telephone Number, Including Area Code | ||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 1.01. | Entry into a Material Definitive Agreement. | ||||
On December 17, 2024, Crescent Energy Finance LLC, a Delaware limited liability company (“Crescent Finance”) and a wholly owned subsidiary of Crescent Energy Company (NYSE: CRGY) (the “Company”), entered into that certain Eleventh Amendment to Credit Agreement (the “Credit Agreement Amendment”), which amended the Company’s existing Credit Agreement, dated as of May 6, 2021 (as amended by the First Amendment to Credit Agreement, dated as of September 24, 2021, the Second Amendment to Credit Agreement, dated as of March 30, 2022, the Third Amendment to Credit Agreement, dated as of March 30, 2022, the Fourth Amendment to Credit Agreement, dated as of September 23, 2022, the Fifth Amendment to Credit Agreement, dated as of July 3, 2023, the Sixth Amendment to Credit Agreement, dated as of December 13, 2023, the Seventh Amendment to Credit Agreement, dated as of April 10, 2024, the Eighth Amendment to Credit Agreement, dated as of May 24, 2024, the Ninth Amendment to Credit Agreement, dated as of June 14, 2024, and the Tenth Amendment to Credit Agreement, dated as of July 30, 2024, and as further amended, modified, supplemented or restated from time to time, the “Credit Agreement”), by and among Crescent Finance, certain subsidiaries of Crescent Finance, as guarantors, Wells Fargo Bank, National Association, as administrative agent, collateral agent and a letter of credit issuer, and the other lenders and letter of credit issuers party thereto from time to time. Among other things, the Credit Agreement Amendment (i) reduced the applicable margin, so that the loans under the Credit Agreement, at Crescent Finance’s option, will be priced based on SOFR plus 2.00% to 3.00% or an adjusted based rate plus 1.00% to 2.00%, in each case, based on the utilization of the credit facility, (ii) removed the credit spread adjustment, and (iii) provides that the incurrence of up to $500.0 million of certain additional indebtedness during the period beginning on December 17, 2024 and ending on the scheduled redetermination date for the April 1, 2025 scheduled borrowing base redetermination will be excluded from the requirement for the borrowing base to be reduced by 0.25x of the principal amount of such new debt incurrences, so long such debt is incurred during such period and does not exceed the $500.0 million aggregate threshold. The borrowing base was maintained at $2.6 billion and the elected commitments were maintained at $2 billion.
The foregoing description of the Credit Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the text of the Credit Agreement Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated into this Item 1.01 by reference.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. | ||||
The information set forth under Item 1.01 is incorporated by reference into this Item 2.03.
| Item 9.01. | Financial Statements and Exhibits. | ||||
(d) Exhibits.
| Exhibit | Description | |||||||
| 10.1* | Eleventh Amendment to Credit Agreement, dated December 17, 2024, by and among Crescent Energy Finance LLC, certain subsidiaries of Crescent Energy Finance LLC, as guarantors, Wells Fargo Bank, National Association, as administrative agent, collateral agent and a letter of credit issuer, and the other lenders and letter of credit issuers party thereto. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
*Certain of the schedules and exhibits to the agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished to the SEC upon request.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 20, 2024
CRESCENT ENERGY COMPANY
By: /s/ Bo Shi
Name: Bo Shi
Title: General Counsel
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Execution Version
Eleventh Amendment to Credit Agreement
This Eleventh Amendment to Credit Agreement (this “Eleventh Amendment”) dated as of December 17, 2024, is among Crescent Energy Finance LLC (f/k/a Independence Energy Finance LLC), a Delaware limited liability company (the “Borrower”); each of the undersigned Guarantors (collectively with the Borrower, the “Obligors”); Wells Fargo Bank, National Association, as administrative agent for the Lenders (in such capacity, together with its successors, the “Administrative Agent”), Collateral Agent and a Letter of Credit Issuer; and the Lenders signatory hereto.
Recitals
A. The Borrower, the Administrative Agent, the Collateral Agent, the Letter of Credit Issuers and the Lenders are parties to that certain Credit Agreement dated as of May 6, 2021 (as amended by the First Amendment to Credit Agreement, dated as of September 24, 2021, the Second Amendment to Credit Agreement, dated as of March 30, 2022, the Third Amendment to Credit Agreement, dated as of March 30, 2022, the Fourth Amendment to Credit Agreement, dated as of September 23, 2022, the Fifth Amendment to Credit Agreement, dated as of July 3, 2023, the Sixth Amendment to Credit Agreement, dated as of December 13, 2023, the Seventh Amendment to Credit Agreement, dated as of April 10, 2024, the Eighth Amendment to Credit Agreement, dated as of May 24, 2024, the Ninth Amendment to Credit Agreement, dated as of June 14, 2024, the Tenth Amendment to Credit Agreement, dated as of July 30, 2024, and as further amended, modified, supplemented or restated from time to time prior to the date hereof, the “Credit Agreement”), pursuant to which the Lenders have made certain credit available to and on behalf of the Borrower.
B. The Borrower, the Administrative Agent and the Lenders party hereto (which constitute 100% of the Lenders) have agreed to amend certain provisions of the Credit Agreement as more fully set forth herein.
C. NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
Section 1.Defined Terms. Each capitalized term which is defined in the Credit Agreement, but which is not defined in this Eleventh Amendment, shall have the meaning ascribed such term in the Credit Agreement. Unless otherwise indicated, all section, exhibit and schedule references in this Eleventh Amendment refer to sections, exhibits and schedules of the Credit Agreement.
Section 2.Amendments to the Credit Agreement on the Eleventh Amendment Effective Date. Subject to the conditions precedent contained in Section 3 hereof, the Credit Agreement shall be amended effective as of the Eleventh Amendment Effective Date in the manner provided in this Section 2.
2.1Amendments to Section 1.1.
LEGAL_US_W # 181789843.4 | ||
(a)Each of the following definitions is hereby amended and restated in its entirety to read as follows:
“Aggregate Elected Commitment Amount” means the sum of the Elected Commitment Amounts of all of the Lenders. The Aggregate Elected Commitment Amount as of the Eleventh Amendment Effective Date is $2,000,000,000.
“Aggregate Maximum Credit Amount” at any time shall equal the sum of the Maximum Credit Amounts, as the same may be increased, reduced or terminated from time to time in connection with an optional increase of the Aggregate Maximum Credit Amount pursuant to Section 2.16(a) or a termination or reduction of the Aggregate Maximum Credit Amount pursuant to Section 4.2. The Aggregate Maximum Credit Amount as of the Eleventh Amendment Effective Date is $3,000,000,000.
“Agreement” shall mean this Credit Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh Amendment, the Eighth Amendment, the Ninth Amendment, the Tenth Amendment and the Eleventh Amendment, as the same may from time to time be amended, restated, amended and restated, supplemented or otherwise modified.
“Applicable Margin” shall mean, for any day, with respect to:
(a) any ABR Revolving Loan, Term SOFR Revolving Loan or Daily Simple SOFR Revolving Loan, as the case may be, the rate per annum set forth in the grid below based upon the Borrowing Base Utilization Percentage in effect on such day:
Borrowing Base Utilization Grid
| Borrowing Base Utilization Percentage | < 30% | ≥ 30% but <60% | ≥ 60% but <80% | ≥ 80% but <90% | ≥ 90% | ||||||||||||
| Term SOFR Revolving Loans or Daily Simple SOFR Revolving Loans | 2.00% | 2.25% | 2.50% | 2.75% | 3.00% | ||||||||||||
| ABR Revolving Loans | 1.00% | 1.25% | 1.50% | 1.75% | 2.00% | ||||||||||||
| Commitment Fee Rate | 0.375% | 0.375% | 0.50% | 0.50% | 0.50% | ||||||||||||
Each change in the Commitment Fee Rate or Applicable Margin shall apply during the period commencing on the effective date of such change and
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ending on the date immediately preceding the effective date of the next such change; and
(b)any Term Loan, the rate per annum as set forth in the Term Loan Amendment for such Term Loan.
“Elected Commitment Amount” shall mean, (a) with respect to each Revolving Lender as of the Eleventh Amendment Effective Date, the amount set forth opposite such Revolving Lender’s name on Schedule 1.1(a) as such Revolving Lender’s “Elected Commitment Amount” and (b) in the case of any Person that becomes a Revolving Lender after the Eleventh Amendment Effective Date, the amount specified as such Revolving Lender’s “Elected Commitment Amount” in the Assignment and Acceptance or in the Incremental Agreement pursuant to which such Revolving Lender assumed a portion of the Total Revolving Commitment, in each case as the same may be changed from time to time pursuant to the terms of this Agreement.
“Revolving Lenders” shall mean the Persons listed as “Revolving Lenders” on Schedule 1.1(a) as of the Eleventh Amendment Effective Date, and any other Person that shall have become a party hereto with a Revolving Commitment and/or any Revolving Loan pursuant to Section 2.16 or pursuant to an Assignment and Acceptance, other than any such Person that ceases to be a party hereto with a Revolving Commitment and/or any Revolving Loan pursuant to an Assignment and Acceptance.
(c)Each of the following definitions is hereby added where alphabetically appropriate to read as follows:
“Eleventh Amendment” shall mean that certain Eleventh Amendment to Credit Agreement, dated as of December 17, 2024, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.
“Eleventh Amendment Effective Date” has the meaning assigned to such term in the Eleventh Amendment.
2.2Amendment to Section 2.14(a). Section 2.14(a) is hereby amended and restated in its entirety to read as follows:
(a)Eleventh Amendment Borrowing Base. For the period from and including the Eleventh Amendment Effective Date to but excluding the first Redetermination Date to occur thereafter, the amount of the Borrowing Base shall be equal to $2,600,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions.
2.3Amendment to Section 2.14(e). Section 2.14(e) is hereby amended by replacing the phrase “(x) Permitted Additional Debt or Permitted Junior Lien Debt issued during
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the period commencing on the Eighth Amendment Effective Date and ending on the Scheduled Redetermination Date for the October 1, 2024 Scheduled Redetermination, in an aggregate principal amount of up to $1,000,000,000” contained therein with the phrase “(x) Permitted Additional Debt or Permitted Junior Lien Debt issued during the period commencing on the Eleventh Amendment Effective Date and ending on the Scheduled Redetermination Date for the April 1, 2025 Scheduled Redetermination, in an aggregate principal amount of up to $500,000,000”.
2.4Amendment to Schedule 1.1(a). Schedule 1.1(a) is hereby amended and restated in its entirety to read as set forth on the Amended Schedule 1.1(a).
Section 3.Conditions Precedent to Eleventh Amendment Effective Date. This Eleventh Amendment shall become effective on the date (such date, the “Eleventh Amendment Effective Date”) when each of the following conditions is satisfied (or waived in accordance with Section 13.1):
3.1Amendment. The Administrative Agent shall have received from each of the Lenders and each Obligor counterparts (in such number as may be reasonably requested by the Administrative Agent) of this Eleventh Amendment signed on behalf of such Persons.
3.2Fees and Expenses. The Administrative Agent and the Lenders shall have received all fees and other amounts due and payable on or prior to the Eleventh Amendment Effective Date, including (to the extent invoiced at least three (3) Business Days prior), reimbursement or payment of all reasonable and documented out-of-pocket expenses required to be reimbursed or paid by the Borrower under the Credit Agreement.
3.3No Event of Default. After giving effect to the terms of this Eleventh Amendment, no Event of Default shall have occurred and be continuing as of the Eleventh Amendment Effective Date.
The Administrative Agent is hereby authorized and directed to declare the Eleventh Amendment Effective Date to have occurred when it has received documents confirming or certifying, to the satisfaction of the Administrative Agent, compliance with the conditions set forth in this Section 3 or the waiver of such conditions as permitted in Section 13.1 of the Credit Agreement. Such declaration shall be final, conclusive and binding upon all parties to the Credit Agreement for all purposes. For purposes of determining compliance with the conditions specified in this Section 3, each Lender that has signed this Eleventh Amendment shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to such Lender.
Section 4.Miscellaneous.
4.1Confirmation. The provisions of the Credit Agreement, as amended by this Eleventh Amendment, shall remain in full force and effect following the Eleventh Amendment Effective Date.
4.2Ratification and Affirmation; Representations and Warranties. Each of the Borrower and the Guarantors hereby: (a) acknowledges the terms of this Eleventh Amendment; (b) ratifies and affirms its obligations under, and acknowledges its continued liability under, each Credit Document to which it is a party and agrees that each such Credit Document remains in full force and effect as expressly amended hereby; (c) agrees that from and after the date hereof, each
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reference to the Credit Agreement in the other Credit Documents shall be deemed to be a reference to the Credit Agreement, as amended by this Eleventh Amendment; and (d) represents and warrants to the Lenders that as of the date hereof, after giving effect to the terms of this Eleventh Amendment: (i) the representations and warranties set forth in each Credit Document to which it is a party are true and correct in all material respects (except where such representations and warranties expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of such earlier date), provided that such representations shall be true and correct in all respects to the extent already qualified by materiality, and (ii) no Event of Default has occurred and is continuing.
4.3Counterparts. This Eleventh Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Each party hereto agrees that any Electronic Signature or execution in the form of an Electronic Record shall be valid and binding on itself and each of the other parties hereto to the same extent as a manual, original signature.
4.4No Oral Agreement. This Eleventh Amendment and the other Credit Documents represent the agreement of the Borrower, the Guarantors, the Collateral Agent, the Administrative Agent and the Lenders party hereto with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by the Borrower, the Guarantors, any Agent nor any Lender party hereto relative to the subject matter hereof not expressly set forth or referred to herein or in the other Credit Documents.
4.5GOVERNING LAW. THIS ELEVENTH AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
4.6Severability. Any provision of this Eleventh 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 provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
4.7Successors and Assigns. This Eleventh Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.
4.8Credit Document. This Eleventh Amendment is a “Credit Document” as defined and described in the Credit Agreement, and all of the terms and provisions of the Credit Agreement relating to Credit Documents shall apply hereto.
[Signature Pages Follow]
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LEGAL_US_W # 181789843.4 | ||
IN WITNESS WHEREOF, the parties hereto have caused this Eleventh Amendment to be duly executed.
BORROWER: | CRESCENT ENERGY FINANCE LLC | |||||||||||||
By: /s/ Brandi Kendall Name: Brandi Kendall Title: Vice President | ||||||||||||||
GUARANTORS: | ||||||||||||||
INDEPENDENCE MINERALS HOLDINGS LLC INDEPENDENCE MINERALS GP LLC IE BUFFALO MINERALS LLC CMP LEGACY CO. LLC CRESCENT UINTA, LLC IE BUFFALO HOLDINGS LLC VINE ROYALTY GP LLC INDEPENDENCE UPSTREAM HOLDINGS GP LLC COLT ADMIRAL A HOLDING GP LLC RENEE HOLDING GP LLC CRESCENT CONVENTIONAL LLC CMP VENTURE CO. LLC CRESCENT GLADIATOR LLC CRESCENT ENERGY MIDLAND SERVICES LLC | ||||||||||||||
| By: | /s/ Brandi Kendall | |||||||||||||
| Name: Brandi Kendall | ||||||||||||||
| Title: Vice President | ||||||||||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
INDEPENDENCE UPSTREAM HOLDINGS L.P. By: Independence Upstream Holdings GP LLC, its general partner | |||||
| By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
| Title: Vice President | |||||
TITAN ENERGY HOLDINGS L.P. By: Colt Admiral A Holding GP LLC, its general partner | |||||
| By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
| Title: Vice President | |||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
COLT ADMIRAL A HOLDING L.P. By: Colt Admiral A Holding GP LLC, its general partner | |||||
| By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
| Title: Vice President | |||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
BRIDGE ENERGY LLC BRIDGE ENERGY HOLDINGS LLC JAVELIN OIL & GAS, LLC SPRINGFIELD GS HOLDINGS LLC CRESCENT EFA GP LLC CRESCENT PALO VERDE GP LLC RENEE C-I HOLDING AGENT CORP. RENEE ACQUISITION LLC NEWARK ACQUISITION GP I LLC NEWARK HOLDING AGENT CORP. CRESCENT ENERGY MARKETING, LLC JAVELIN EF GP LLC EIGF MINERALS GP LLC CONTANGO RESOURCES, LLC CONTANGO ALTA INVESTMENTS, LLC CONTANGO MIDSTREAM COMPANY, LLC CONTARO COMPANY, LLC JAVELIN VENTURECO, LLC FOURPASS ENERGY LLC CONTANGO CRESCENT RENEE LLC MADDEN ASSETCO LLC | |||||
| By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
| Title: Authorized Person | |||||
CRESCENT EFA HOLDINGS LLC By: JAVELIN OIL & GAS, LLC, its sole member | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
| Title: Authorized Person | ||||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
JAVELIN EF L.P. By: Javelin EF GP LLC, its general partner | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
| Title: Authorized Person | ||||||||
CRESCENT PALO VERDE LP By: Crescent Palo Verde GP LLC, its general partner | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
| Title: Authorized Person | ||||||||
CRESCENT EF AGGREGATOR L.P. NEWARK C-I HOLDING L.P. CRESCENT PALO VERDE AGGREGATOR L.P. By: Crescent EFA GP LLC, its general partner | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
Title: Authorized Person | ||||||||
INDEPENDENCE UPSTREAM L.P. By: Independence Upstream GP LLC, its general partner By: Independence Upstream Holdings L.P., its sole member By: Independence Upstream Holdings GP LLC, its general partner | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
| Title: Vice President | ||||||||
INDEPENDENCE UPSTREAM GP LLC By: Independence Upstream Holdings L.P., its sole member By: Independence Upstream Holdings GP LLC, its general partner | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
Title: Vice President | ||||||||
CONTANGO CRESCENT VENTURECO I LLC
IE L MERGER SUB LLC
CONTANGO AGENTCO ONSHORE, INC.
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
MADDEN AGENTCO INC.
ARTEMIS MERGER SUB II LLC
SILVERBOW AGENTCO INC.
SILVERBOW RESOURCES OPERATING, LLC
By: /s/ Brandi Kendall
Name: Brandi Kendall
Title: Senior Vice President
EIGF MINERALS L.P. By: EIGF Minerals GP LLC, its general partner | |||||
| By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
Title: Authorized Person | |||||
INDEPENDENCE MINERALS L.P. DMA ROYALTY INVESTMENTS L.P. FALCON HOLDING L.P. MINERAL ACQUISITION COMPANY I, L.P. By: Independence Minerals GP LLC, its general partner | |||||
| By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
| Title: Vice President | |||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
VINE ROYALTY L.P. By: Vine Royalty GP LLC, its general partner | |||||
By: | /s/ Brandi Kendall | ||||
| Name: Brandi Kendall | |||||
| Title: Vice President | |||||
RENEE C-I HOLDING L.P. By: Renee Holding GP LLC, its general partner | |||||
| By: | /s/ Brandi Kendall | ||||
Name: Brandi Kendall Title: Vice President | |||||
NEWARK ACQUISITION I L.P. By: Newark Acquisition GP I LLC, its general partner | ||||||||
| By: | /s/ Brandi Kendall | |||||||
| Name: Brandi Kendall | ||||||||
| Title: Authorized Person | ||||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
ADMINISTRATIVE AGENT, COLLATERAL AGENT, LETTER OF CREDIT ISSUER AND LENDER: | WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Collateral Agent, a Letter of Credit Issuer and Lender By: /s/ Paige Ebanks Name: Paige Ebanks Title: Vice President | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LETTER OF CREDIT ISSUER and LENDER: | JPMORGAN CHASE BANK, N.A., as a Letter of Credit Issuer and Lender By: /s/ Dalton Harris Name: Dalton Harris Title: Authorized Officer | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | BANK OF AMERICA, N.A., as a Lender By: /s/ Ajay Prakash Name: Ajay Prakash Title: Director | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | ROYAL BANK OF CANADA, as a Lender By: /s/ Kristan Spivey Name: Kristan Spivey Title: Authorized Signatory | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | FIFTH THIRD BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ Thomas Kleiderer Name: Thomas Kleiderer Title: Managing Director | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | KEYBANK NATIONAL ASSOCIATION, as a Lender By: /s/ George McKean Name: George McKean Title: Senior Vice President | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | MIZUHO BANK, LTD., as a Lender By: /s/ Edward Sacks Name: Edward Sacks Title: Managing Director | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | TRUIST BANK, as a Lender By: /s/ Greg Krablin Name: Greg Krablin Title: Director | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | MORGAN STANLEY SENIOR FUNDING, INC., as a Lender By: /s/ Aaron McLean Name: Aaron McLean Title: Vice President | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender By: /s/ Lyle Levy Name: Lyle Levy Title: Director | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender By: /s/ Scott W. Danvers Name: Scott W. Danvers Title: Authorized Signatory By: /s/ Donovan C. Broussard Name: Donovan C. Broussard Title: Authorized Signatory | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]
LENDER: | REGIONS BANK, as a Lender By: /s/ Katie Hammons Name: Katie Hammons Title: Vice President | |||||||
[Signature Page to Crescent Energy Finance, LLC – Eleventh Amendment to Credit Agreement]