Loading...
HomeMy WebLinkAbout909373 RECEIVED 6/20/2005 at 3:54 PM RECEIVING # 909373 BOOK: 588 PAGE: 758 JEANNE VVAGNER LINCOLN COUNTY CD:RK, KEMMERER, WY '., 00758 WYOMING RELEASE OF LIEN This Release of Lien dated as of May 20, 2005 ("Release") is made by Citicorp USA, Inc., solely in it capacity as collateral agent ("Collateral Agent") under that certain Credit Agreement, dated as of May 3, 2004, among The Williams Companies, Inc., a Delaware corporation ("TWC"), Northwest Pipeline Corporation, a DelaWare corporation ("NWP"), and Transcontinental Gas Pipe Line Corporation, a Delaware,corporation ("TGPL", and together with TWC and NWP, the "Borrowers"), the banks, financial institutions and other institutional lenders party thereto (the "Lenders"), and Citicorp USA, Inc., as administrative agent and as collateral agent for the Lenders (the "Credit Agreement"). The indebtedness owing under the Credit Agreement is secured by certain liens, security interests, assignments, and other interests, including those granted pursuant to the MORTGAGES, ASSIGNMENTS OF RENTS AND LEASES, SECURITY AGREEMENTS, FIXTURE FILINGS, AND FINANCING STATEMENTS executed by each respective grantor in favor of the Collateral Agent and more fully described on Exhibit A attached hereto (collectively, the "Mortgages"). An Amended and Restated Credit Agreement dated as of May 20, 2005 will be executed by the Borrowers, Williams Partners L.P., a Delaware limited partnership, certain banks, financial institutions and other institutional lenders party thereto, other parties and Citicorp USA, Inc., as administrative agent and as collateral agent (the "Amended and Restated Credit Agreement"). As contemplated by Section 8.17 of the Amended and Restated Credit Agreement, the Collateral Agent hereby RELEASES and DISCHARGES the Mortgages and all of the liens and interests therein created or granted to or for the benefit of the holder of the liens and interests created thereby (other than liabilities and obligations of the Borrowers created by the Mortgages that by the express terms thereof, survive termination of said Mortgages) in all of the property, whether real, personal or mixed, covered or encumbered by such Mortgages. This Release is a release of liens and is not a release of any Obligations (as such term is defined in the Credit Agreement) or any Obligations (as that term is defined in the Amended and Restated Credit Agreement). COLLATERAL AGENT: CITICORP USA, INC., solely in its capacity as Collateral Agent By: Name: Title: THE STATE OF TEXAS § THE COUNTY OF HARRIS § -'~/~h_e foregoing instrument was aclc~owledgg4t befgre me this 20th day of May, 2005 by 6~//~t~'- , the ./~_~ ~ff//~~~,~ of CITICORP USA, INC., on b~h~lftof'such corporation and in the cal~a~i-ty stated therein. Notary Public in and ~'or th~ Stat~/of Texas Name: My Commis~ 0909373 EXHIBIT A Mortgages Mortgagors: Williams Gas Processing Company Williams Gas Processing-Wamsutter Company Williams Field Services Company 00760 Filing/ State County Instrument Recording Recording Information Date WY Lincoln Mortgage, Assignment of Rents and Book 556, Page 5/24/04 Leases, Security Agreement, Fixture 278 .Filing, and Financing Statement, dated May 3, 2004 WY Sweetwater Mortgage, Assignment of Rents and Book 1000, Page 5/18/04 Leases, Security Agreement, Fixture 0248 Filing, and Financing Statement, dated May 3, 2004 WY Uinta Mortgage, Assignment of Rents and Book 822, Page 5/18/04 Leases, Security Agreement, Fixture 104-135 Filing, and Financing Statement, dated May 3, 2004 WY Carbon Mortgage, Assignment of Rents and Book 1058, Page 5/17/04 Leases, Security Agreement, Fixture 0111 Filing, and Financing Statement, dated May 3, 2004 Mortgagor: Williams Gas Processing Company Filing/ State County Instrument Recording Recording Information Date WY Sublette Mortgage, Assignment of Rents and Book 127 O&G, 5/19/04 Leases, Security Agreement, Fixture Page 369 Filing, and Financing Statement, dated May 3, 2004 Houston\1558357.1 Exhibit A, Page 1