SECOND AMENDING AGREEMENT
THIS AMENDING AGREEMENT dated as of May 6, 2019.
ENCANA CORPORATION, a corporation amalgamated under the laws of Canada, having its executive office in Calgary, Alberta, Canada (the Borrower)
OF THE FIRST PART,
- and -
Each of the financial and other institutions which are signatories hereto, in their capacities as Lenders
OF THE SECOND PART,
- and -
ROYAL BANK OF CANADA, a Canadian chartered bank having its head office in Toronto, Ontario, Canada, in its capacity from time to time as agent hereunder (in such capacity, the Agent)
OF THE THIRD PART.
WHEREAS pursuant to a Restated Credit Agreement dated as of July 16, 2015 among Encana Corporation as Borrower, the financial and other institutions named therein from time to time in their capacities as Lenders, as Lenders, and Royal Bank of Canada as Agent, as amended by the First Amending Agreement dated as of March 28, 2018 (the Credit Agreement), the Lenders made a credit facility available to the Borrower;
AND WHEREAS the parties hereto have agreed to make certain amendments to the Credit Agreement as hereinafter set forth.
NOW THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in accordance with the provisions of the Credit Agreement, the parties hereto agree as follows:
Section 1 Defined Terms
Capitalized terms used herein, including the recitals hereto, shall have the meanings ascribed thereto in the Credit Agreement, as amended by this Amending Agreement, unless otherwise defined herein and:
Amended Credit Agreement means the Credit Agreement, as amended by this Amending Agreement;
Amending Agreement means this Second Amending Agreement; and
Amendment Effective Date means the first date on or after the date hereof on which all of the conditions precedent in Section 4 hereof are satisfied.