Letter Agreement for Extension of Credit Agreement Maturity Date between Northwest Natural Gas Company and Lender
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Summary
This letter agreement is between Northwest Natural Gas Company and a lender under a Credit Agreement dated December 20, 2012. The lender agrees to extend the maturity date of the credit facility from December 20, 2017, to December 20, 2018, provided the company meets certain conditions in the Credit Agreement and pays an extension fee of 0.05% of the lender's commitment. The agreement is effective upon satisfaction of these terms.
EX-4.K 2 ex4k.htm EXHIBIT 4K FORM OF LETTER AGREEMENT ex4k 2014
[Letterhead]
Re: Extension of Maturity Date
Ladies/Gentlemen:
Please refer to the letter dated November 14, 2013 from Northwest Natural Gas Company (the “Company”) requesting an extension of the scheduled Maturity Date under and as defined in the Credit Agreement dated as of December 20, 2012 among the Company, various financial institutions and JPMorgan Chase Bank, N.A., as Administrative Agent (the “Credit Agreement”). Subject to satisfaction of the conditions set forth in Section 2.14 of the Credit Agreement and the payment by the Company of an extension fee in an amount equal to 0.05% of the commitment of the undersigned, the undersigned consents to the extension of the scheduled Maturity Date from December 20, 2017 to December 20, 2018.
____________________________
[Print or type full legal name of Lender]
By: __________________
Name:
Title:
Date:
