FOURTH AMENDMENT TO
REVOLVING FACILITY CREDIT AGREEMENT
This FOURTH AMENDMENT TO REVOLVING FACILITY CREDIT AGREEMENT, dated as of July 7, 2021 (this “Amendment”), is by and among ROYAL GOLD, INC., a corporation organized under the laws of the State of Delaware, as borrower (the “U.S. Borrower”), RGLD Gold AG, a company incorporated under the laws of Switzerland with its registered address at Alpenstrasse 6, 6004 Lucerne, Switzerland (the “Swiss Borrower” and collectively with the U.S. Borrower, the “Borrowers” and each, a “Borrower”), RG ROYALTIES, LLC (f/k/a RG Mexico, Inc.), a limited liability company organized under the laws of the State of Delaware, as a guarantor (“RG Royalties”), ROYAL GOLD INTERNATIONAL HOLDINGS, INC., a corporation organized under the laws of the State of Delaware, as a guarantor (“RG International”), RGLD HOLDINGS, LLC, a Delaware limited liability company (“RGLD Holdings”), RGLD Gold (Canada) ULC, an Alberta unlimited liability company (“RGLD Gold”), INTERNATIONAL ROYALTY CORPORATION, a Canadian corporation (“International Royalty” and together with RG Royalties, RG International, RGLD Holdings and RGLD Gold, the “Guarantors” and each, a “Guarantor”), those banks and financial institutions identified as a “Lender” on the signature pages hereto (individually, each a “Lender” and collectively, the “Lenders”), THE BANK OF NOVA SCOTIA, in its capacity as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders and THE BANK OF NOVA SCOTIA, CANADIAN IMPERIAL BANK OF COMMERCE and BOFA SECURITIES, INC. as joint lead arrangers.
A.The Administrative Agent, the Lenders, the Borrowers and the Guarantors are parties to that certain Revolving Facility Credit Agreement, dated as of June 2, 2017 (as amended by the Amendment and Consent to Revolving Facility Credit Agreement, dated as of May 15, 2018, the Second Amendment to Revolving Facility Credit Agreement, dated as of June 3, 2019, Amendment No. 3 to Revolving Facility Credit Agreement, dated as of September 20, 2019 and as further amended, modified, supplemented and restated from time to time, the “Credit Agreement” and as amended by this Amendment, the “Amended Credit Agreement”).
B.The Borrowers desire to extend the Maturity Date and make other amendments to the Credit Agreement.
C.The Borrowers have requested that the Administrative Agent and each Lender consent to the modifications contemplated by this Amendment.
D.The Administrative Agent and each Lender is willing to agree to such request, subject to and in accordance with the terms and conditions set forth in this Amendment.
NOW, THEREFORE, in consideration of the premises and the mutual agreements, representations and warranties herein set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: