Attached files

file filename
8-K - FORM 8-K - ALLEGHENY ENERGY, INCd8k.htm
EX-10.4 - AMENDMENT LETTER, DATED AS OF FEBRUARY 10, 2010 - ALLEGHENY ENERGY, INCdex104.htm
EX-10.2 - AMENDMENT LETTER, DATED AS OF FEBRUARY 10, 2010 - ALLEGHENY ENERGY, INCdex102.htm
EX-10.3 - AMENDMENT LETTER, DATED AS OF FEBRUARY 10, 2010 - ALLEGHENY ENERGY, INCdex103.htm

Exhibit 10.1

February 10, 2010

Allegheny Energy Supply Company, LLC

800 Cabin Hill Drive

Greensburg, PA 15601

 

  Re: Amendment to Credit Agreement, dated as of September 24, 2009

Ladies and Gentlemen:

Reference is made to that certain Credit Agreement, dated as of September 24, 2009 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Allegheny Energy Supply Company, LLC, each of the Initial Lender Parties referred to therein, Bank of America, N.A., as Administrative Agent, and the other parties thereto. Capitalized terms used herein but not defined herein have the respective meanings set forth in the Credit Agreement.

The Borrower and the Required Lenders hereby agree that, as of the date first written above, the Credit Agreement is amended such that clause (d) of the definition of Change of Control appearing alphabetically in Section 1.01 thereof is amended and restated in its entirety as set forth below:

“(d) ninety (90) days shall have elapsed after any Person or two or more Persons acting in concert shall have acquired by contract or otherwise, or shall have entered into a contract or arrangement that, upon consummation, will result in its or their acquisition of the power to exercise, directly or indirectly, a controlling influence over the management or policies of the Parent”.

On and after the effectiveness of this letter agreement, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in each of the other Financing Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this letter agreement. The Credit Agreement, as specifically amended by this letter agreement, and each of the other Financing Document, is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed.

The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as an amendment of any right, power or remedy of any Lender Party or the Administrative Agent under any of the Financing Documents, nor constitute a waiver of any provision of any of the Financing Documents.


This letter agreement shall be governed by, and construed in accordance with, the laws of the State of New York.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]


Please evidence your agreement to the foregoing by signing and returning a counterpart of this amendment letter to the Administrative Agent.

 

BANK OF AMERICA, N.A. as

Administrative Agent and Lender

By:  

/s/ Jacob Dowden

  Name:   Jacob Dowden
  Title:   Vice President

 


BNP PARIBAS, as Lender
By:  

/s/ Denis O’Meara

  Name:   Denis O’Meara
  Title:   Managing Director
By:  

/s/ Pasquale A. Perraglia IV

  Name:   Pasquale A. Perraglia IV
  Title:   Vice President

 


COMMERZBANK AG, NEW YORK AND
GRAND CAYMAN BRANCHES, as Lender
By:  

/s/ Hans J. Scholz

  Name:   Hans J. Scholz
  Title:   Vice President
By:  

/s/ Kelly Wilson

  Name:   Kelly Wilson
  Title:   Vice President

 


GOLDMAN SACHS BANK USA, as

Lender

By:  

/s/ Andrew Caditz

  Name:   Andrew Caditz
  Title:   Authorized Signatory

 


KEYBANK NATIONAL ASSOCIATION,

as Lender

By:  

/s/ Sherrie I. Manson

  Name:   Sherrie I. Manson
  Title:   Senior Vice President

 


MORGAN STANLEY BANK, N.A., as

Lender

By:  

/s/ Ryan Vetsch

  Name:   Ryan Vetsch
  Title:   Authorized Signatory

 


PNC BANK, NATIONAL ASSOCIATION,

as Lender

By:  

/s/ Thomas A. Majeski

  Name:   Thomas A. Majeski
  Title:   Senior Vice President

 


THE BANK OF NOVA SCOTIA, as Lender
By:  

/s/ Thane Rattew

  Name:   Thane Rattew
  Title:   Managing Director

 


THE HUNTINGTON NATIONAL BANK, as
Lender
By:  

/s/ W. Christopher Kohler

  Name:   W. Christopher Kohler
  Title:   Vice President

 


UNION BANK, N.A., as Lender
By:  

/s/ Grant Ahearn

  Name:   Grant Ahearn
  Title:   Senior Executive Vice President

 


ACKNOWLEDGED AND AGREED TO
on the date first written above
ALLEGHENY ENERGY SUPPLY COMPANY, LLC
By:  

/s/ Barry Pakenham

Name:   Barry Pakenham
Title:   Treasurer