Consent and Reaffirmation Agreement by PostRock Energy Services Corporation and PostRock Energy Corporation (February 21, 2011)

Contract Categories: Business Finance Loan Agreements
Summary

PostRock Energy Services Corporation and PostRock Energy Corporation agree to the terms of a First Amendment to their existing loan agreements. By signing, they confirm that their obligations under the original loan documents remain unchanged and fully enforceable. They also affirm that all their previous representations and warranties are still accurate as of the amendment date. This agreement ensures the continued validity of the loan terms despite the amendment.

EX-10.21 3 h79309exv10w21.htm EX-10.21 exv10w21
Exhibit 10.21
CONSENT AND REAFFIRMATION
Dated as of February 21, 2011
     Each of the undersigned hereby (i) consent to the agreements in the foregoing First Amendment (ii) agree and acknowledge that the execution, delivery, and performance of this First Amendment shall in no way release, diminish, impair, reduce, or otherwise affect its respective obligations under the Loan Documents to which it is a party, which such Loan Documents shall remain in full force and effect, and all rights thereunder are hereby ratified and confirmed; and (iii) represent and warrant to the Agent and the Lender that as of the First Amendment Effective Date that all representations and warranties in the Loan Documents to which it is a party are true and correct in all material respects as though made on the date hereof, except to the extent that any of them speak to a different specific date.
         
  POSTROCK ENERGY SERVICES CORPORATION,
a Delaware corporation
 
 
  By:   /s/ David C. Lawler    
    David C. Lawler   
    President and Chief Executive Officer   
 
  POSTROCK ENERGY CORPORATION,
a Delaware corporation
 
 
  By:   /s/ David C. Lawler    
    David C. Lawler   
    Chief Executive Officer and President