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As Of Filer Filing For·On·As Docs:Size 8/04/23 Calumet Specialty Prods Partn… LP 10-Q 6/30/23 85:17M |
Document/Exhibit Description Pages Size 1: 10-Q Quarterly Report HTML 3.49M 2: EX-10.1 Material Contract HTML 1.58M 3: EX-10.2 Material Contract HTML 874K 4: EX-10.3 Material Contract HTML 52K 5: EX-10.4 Material Contract HTML 115K 6: EX-10.5 Material Contract HTML 53K 7: EX-31.1 Certification -- §302 - SOA'02 HTML 31K 8: EX-31.2 Certification -- §302 - SOA'02 HTML 32K 9: EX-32.1 Certification -- §906 - SOA'02 HTML 30K 15: R1 Cover HTML 78K 16: R2 Condensed Consolidated Balance Sheets HTML 124K 17: R3 Condensed Consolidated Balance Sheets HTML 30K (Parenthetical) 18: R4 Unaudited Condensed Consolidated Statements of HTML 118K Operations 19: R5 Unaudited Condensed Consolidated Statements of HTML 57K Comprehensive Income (Loss) 20: R6 Unaudited Condensed Consolidated Statements of HTML 64K Partners' Capital (Deficit) 21: R7 Unaudited Condensed Consolidated Statements of HTML 98K Cash Flows 22: R8 Description of the Business HTML 28K 23: R9 Summary of Significant Accounting Policies HTML 41K 24: R10 Revenue Recognition HTML 35K 25: R11 Inventories HTML 67K 26: R12 Leases HTML 140K 27: R13 Commitments and Contingencies HTML 44K 28: R14 Inventory Financing Agreements HTML 29K 29: R15 Long-Term Debt HTML 80K 30: R16 Derivatives HTML 247K 31: R17 Fair Value Measurements HTML 186K 32: R18 Earnings Per Unit HTML 83K 33: R19 Segments and Related Information HTML 555K 34: R20 Unrestricted Subsidiaries HTML 142K 35: R21 Redeemable Noncontrolling Interest HTML 36K 36: R22 Subsequent Events HTML 25K 37: R23 Summary of Significant Accounting Policies HTML 206K (Policies) 38: R24 Inventories (Tables) HTML 64K 39: R25 Leases (Tables) HTML 145K 40: R26 Commitments and Contingencies (Tables) HTML 34K 41: R27 Long-Term Debt (Tables) HTML 69K 42: R28 Derivatives (Tables) HTML 246K 43: R29 Fair Value Measurements (Tables) HTML 177K 44: R30 Earnings Per Unit (Tables) HTML 82K 45: R31 Segments and Related Information (Tables) HTML 545K 46: R32 Unrestricted Subsidiaries (Tables) HTML 135K 47: R33 Redeemable Noncontrolling Interest (Tables) HTML 30K 48: R34 Description of the Business (Details) HTML 38K 49: R35 Summary of Significant Accounting Policies HTML 39K (Details) 50: R36 Revenue Recognition (Details) HTML 44K 51: R37 Inventories - Narrative (Details) HTML 29K 52: R38 Inventories - Summary of Inventories (Details) HTML 44K 53: R39 Leases (Narrative) (Details) HTML 35K 54: R40 Leases - Summary of Supplemental Balance Sheet HTML 40K (Details) 55: R41 Leases - Schedule of Lease costs (Details) HTML 37K 56: R42 Leases - Schedule of Maturity of Lease Liabilities HTML 102K - (Details) 57: R43 Leases - Schedule of lease term and discount HTML 32K (Details) 58: R44 Commitments and Contingencies - Standby Letters of HTML 37K Credit (Details) 59: R45 Commitments and Contingencies- Schedule of HTML 43K Estimated Minimum Unconditional Purchase Commitments (Details) 60: R46 Inventory Financing Agreement (Details) HTML 63K 61: R47 Long-Term Debt - Summary of Long-Term Debt HTML 90K (Details) 62: R48 Long-Term Debt - Narrative (Details) HTML 117K 63: R49 Long-Term Debt - Summary of Principal Payments on HTML 42K Debt Obligations and Future Minimum Rentals on Capital Lease Obligations (Details) 64: R50 Derivatives - Summary of Gross Fair Values of HTML 47K Derivative Instruments, Presenting the Impact of Offsetting Derivative Assets (Details) 65: R51 Derivatives - 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Exhibit 10.5
AMENDMENT NO. 3 TO CREDIT AGREEMENT
AMENDMENT NO. 3 TO CREDIT Agreement, dated as of July __, 2023 (this “Amendment”), is by and among Wells Fargo Bank, National Association, in its capacity as administrative agent pursuant to the Credit Agreement (as hereinafter defined) acting for and on behalf of the parties thereto as lenders (in such capacity, “Agent”), the parties to the Credit Agreement as lenders (individually, each a “Lender” and collectively, “Lenders”), MONTANA RENEWABLES HOLDINGS LLC, a Delaware limited liability company (“Parent”), MONTANA RENEWABLES, LLC, a Delaware limited liability company (“Montana”, and together with those additional Persons that are joined as a party thereto as a borrower, each individually a “Borrower” and collectively, “Borrowers”).
W I T N E S S E T H :
WHEREAS, Agent, Lenders and Borrowers have entered into financing arrangements pursuant to which Lenders (or Agent on behalf of Lenders) have made and may make loans and advances and provide other financial accommodations to Borrowers as set forth in the Credit Agreement, dated as of November 2, 2022, by and among Agent, Lenders and Borrowers (as the same now exists and as amended and supplemented pursuant hereto and as may hereafter be further amended, modified, supplemented, extended, renewed, restated or replaced from time to time, the “Credit Agreement”) and the other Loan Documents;
WHEREAS, Borrower has requested that Agent and the Required Lenders amend certain terms and provisions of the Credit Agreement, and Agent and the Required Lenders have agreed to make such amendments, subject to the terms and conditions and to the extent set forth in this Amendment;
WHEREAS, by this Amendment, Agent, Required Lenders and Borrowers desire and intend to evidence such amendments;
NOW THEREFORE, in consideration of the foregoing and the mutual agreements and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
“(c)The least of, as of any date of determination, (i) 90% of the amount of Eligible Blenders Tax Credit Accounts, (ii) $30,000,000, and (iii) with respect to the period commencing on October 1, 2023 and continuing at all times thereafter, an amount equal to 40% of the Line Cap, less”
7554311.2
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7554311.2
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
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7554311.2
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their authorized officers as of the day and year first above written.
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BORROWER: | MONTANA RENEWABLES, LLC |
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| By: /s/ Vincent Donargo |
| Name: Vincent Donargo |
| Title: Executive Vice President and Chief Financial Officer |
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PARENT: | MONTANA RENEWABLES HOLDINGS LLC |
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| By: /s/ Vincent Donargo |
| Name: Vincent Donargo |
| Title: Executive Vice President and Chief Financial Officer |
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[Signature Page to Amendment No. 3 (Montana Renewables)]
7554311.2
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AGENT AND LENDERS: | WELLS FARGO BANK, NATIONAL ASSOCIATION, as Agent and as a Lender | |
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| By: | /s/ Barry Felker_______________________ |
| Name: | Barry Felker _______________ |
| Title: | Authorized Signatory |
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[Signature Page to Amendment No. 3 (Montana Renewables)]
7554311.2
This ‘10-Q’ Filing | Date | Other Filings | ||
---|---|---|---|---|
10/1/23 | ||||
Filed on: | 8/4/23 | 8-K | ||
For Period end: | 6/30/23 | |||
11/2/22 | 8-K | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/19/24 Calumet, Inc./DE S-4/A 37:8.1M Donnelley … Solutions/FA 3/05/24 Calumet, Inc./DE S-4 4:5.2M Donnelley … Solutions/FA 2/29/24 Calumet Specialty Prods Partn… LP 10-K 12/31/23 139:32M |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 6/29/23 Calumet Specialty Prods Partn… LP 8-K:1,2,8,9 6/27/23 12:935K Donnelley … Solutions/FA 1/04/18 Calumet Specialty Prods Partn… LP 8-K:5,9 12/31/17 2:65K 4/18/08 Calumet Specialty Prods Partn… LP 8-K:5,9 4/15/08 2:30K Bowne - Houston/FA 7/11/06 Calumet Specialty Prods Partn… LP 8-K:5,9 7/05/06 2:21K Bowne - Houston/FA 2/13/06 Calumet Specialty Prods Partn… LP 8-K:1,2,3,5 1/31/06 9:1.3M Bowne - Houston/FA 10/07/05 Calumet Specialty Prods Partn… LP S-1 4:2.9M Bowne - Houston/FA |