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Hess Corporation Credit Agreement

mercredi, septembre 22, 2021

For investors of Hess Corporation: Jay Wilson (212) 536-8940 64 may provide that, without the participant`s agreement, that lender does not accept any modification, modification or waiver as described in the first reservation relating to section 9.02(b) and applies to that participant. SUBJECT TO PARAGRAPH (f) OF THIS SECTION, THE ENTITY AGREES THAT ANY PARTICIPANT SHALL BE ENTITLED TO THE BENEFITS OF SECTIONS 2.13, 2.14 AND 2.15 TO THE EXTENT THAT IT WOULD BE A LENDER AND WOULD HAVE ACQUIRED ITS INTEREST BY ASSIGNMENT IN ACCORDANCE WITH PARAGRAPH (B) OF THIS SECTION. A PARTICIPANT SHALL NOT BE ENTITLED TO A HIGHER PAYMENT, IN ACCORDANCE WITH POINTS 2.13 OR 2.15, WHICH THE CREDITOR COULD HAVE RECEIVED IN RESPECT OF THE HOLDINGS SOLD TO THOSE PARTICIPANTS, UNLESS THE SALE OF THE HOLDINGS IN THOSE PARTICIPANTS IS CARRIED OUT WITH THE PRIOR WRITTEN CONSENT OF THE UNDERTAKING. A PARTICIPANT WHO WOULD BE A FOREIGN LENDER IF IT WERE A LENDER IS NOT ENTITLED TO THE BENEFITS OF SECTION 2.15 UNLESS THE COMPANY IS INFORMED OF THE INTERESTS SOLD TO THOSE PARTICIPANTS AND THAT PARTICIPANT AGREES TO COMPLY WITH SECTION 2.15(s) OF THE COMPANY AS IF IT WERE A LENDER. ANY LENDER MAY AT ANY TIME MORTGAGE OR ASSIGN A SECURITY RIGHT IN ALL OR PART OF ITS RIGHTS UNDER THIS AGREEMENT TO SECURE SUCH LENDER`S OBLIGATIONS, INCLUDING SUCH PLEDGING OR ASSIGNMENT TO A FEDERAL RESERVE BANK, AND THIS SECTION DOES NOT APPLY TO SUCH PLEDGING OR ASSIGNMENT OF SECURITY; PROVIDED THAT SUCH PLEDGING OR ASSIGNMENT OF SECURITY DOES NOT RELIEVE A LENDER OF ANY OF ITS OBLIGATIONS UNDER THIS AGREEMENT OR REPLACE SUCH A PENSION BENEFICIARY FOR THAT LENDER AS A PARTY. SECTION IX.4. Survival. All insurance, agreements, assurances and guarantees that the enterprise provides in that country and in certificates or other instruments provided in connection with or under this Agreement shall be deemed familiar to the other parties to this Agreement and shall survive the performance and provision of this Agreement and the borrowing. independently of an investigation by or on behalf of such other party, and notwithstanding the fact that the syndication agent and the administrative agent or a lender, at the time of the granting of credit, may have in this contract notice or knowledge of a defect or misrepresentation or guarantee, and that they remain in full force and effect; as long as the principal or interest accrued on a loan, royalty or royalty has not been paid and is unpaid and is unpaid, and as long as the commitments have not expired or ended.

The provisions of sections 2.13, 2.14, 2.15 and 9.03 are maintained and remain in full force and effect, regardless of the execution of the planned transactions 58 On March 16, 2020, the Company entered into a three-year loan agreement with JPMorgan Chase Bank, N.A., The fixed-term loan includes provisions that require the company to reduce the initial amount of JPMorgan`s financing, which the company intends to do by syndicating the loan to other banks. 13 3. EXHIBITS (continued) 10 (3) – Technical clarification Amendment of 17 November 1993 to the new Extension and Amendment Agreement between the Government of the Virgin Islands and Hess Oil Virgin Islands Corp. . . .


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