EX-10.1 2 nfg-3312025xexhibit101.htm EX-10.1 Document

Exhibit 10.1

January 28, 2025
JPMorgan Chase Bank, N.A.,
as Administrative Agent

JPMorgan Chase Bank, N.A.
10 South Dearborn, Floor L2S
Chicago, IL 60603-2300
Attention: Haley Ripich

National Fuel Gas Company:
Existing Maturity Date Extension Consent

Ladies and Gentlemen:

    Reference is made to the Credit Agreement dated as of February 28, 2022 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) by and among National Fuel Gas Company (the “Borrower”), the Lenders party thereto, and JPMorgan Chase Bank, N.A., in its capacity as Administrative Agent for the Lenders (in such capacity, and together with its branches and affiliates, the “Administrative Agent”). Terms used herein and not otherwise defined herein have the same meanings ascribed to such terms in the Credit Agreement.

    Pursuant to Section 2.21(a) of the Credit Agreement, the Borrower has requested to extend the Existing Maturity Date from February 25, 2028 to February 23, 2029, and each of the Lenders party hereto hereby notifies the Administrative Agent as follows:

Effective as of January 28, 2025, the Lender named below desires to extend the Existing Maturity Date with respect to its Commitment for a period of one year, expiring February 23, 2029.

    Notwithstanding the requirements of Section 2.21(a) and (d) of the Credit Agreement, each Lender named below hereby agrees that (i) such Lender shall be an Extending Lender, (ii) the effective date of the extension of such Lender’s Existing Maturity Date shall be January 28, 2025, (iii) the Response Date in connection with this extension shall be January 24, 2025 and (iv) the certificate required to be delivered by the Borrower pursuant to Section 2.21(d)(i) of the Credit Agreement shall be dated as of January 28, 2025. For the avoidance of doubt, each Lender party hereto agrees that the request delivered by the Borrower in connection with this extension on January 8, 2025 satisfies the notice requirement in Section 2.21(a) of the Credit Agreement, and that this extension constitutes the second and final permitted extension of the Maturity Date under Section 2.21(a) of the Credit Agreement.


[Remainder of Page Intentionally Left Blank]    



This notice is subject in all respects to the terms of the Credit Agreement and is irrevocable.


Very truly yours,

JPMORGAN CHASE BANK, N.A., as
Administrative Agent, as Lender, as Swingline
Lender and as an Issuing Bank
By:_____/s/Hadrien Chain_______
Name: Hadrien Chain
Title: Vice President
























Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)


BANK OF AMERICA, N.A., as Lender and as an
Issuing Bank
By:___/s/Matt Smith_______
Name: Matt Smith
Title: Senior Vice President
Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)




HSBC BANK USA, NATIONAL ASSOCIATION,
as Lender and as an Issuing Bank
By:___/s/Alexander Foster_______
Name: Alexander Foster
Title: Vice President
Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)



WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Lender and as an Issuing Bank
By:___/s/Patrick Engel_______
Name: Patrick Engel
Title: Managing Director

































Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)



CANADIAN IMPERIAL BANK OF
COMMERCE, NEW YORK BRANCH, as Lender
By:___/s/Amit Vasani_______
Name: Amit Vasani
Title: Authorized Signatory
Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)




KEYBANK NATIONAL ASSOCIATION, as
Lender
By:___/s/ Peter Leonard_______
Name: Peter Leonard
Title: SVP



































Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)



PNC BANK, NATIONAL ASSOCIATION, as
Lender
By:___/s/ Anvar Musayev_______
Name: Anvar Musayev
Title: Vice President
Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)




U.S. BANK NATIONAL ASSOCIATION, as
Lender
By:___/s/ Ryan Watson_______
Name: Ryan Watson
Title: Senior Vice President

Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)




COMERICA BANK, N.A., as Lender
By:___/s/ Robert Wilson_______
Name: Robert Wilson
Title: Senior Vice President



































Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)



M&T BANK CORPORATION, as Lender
By:___/s/ Marc DeGiulio_______
Name: Marc DeGiulio
Title: Senior Vice President
Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)



THE TORONTO-DOMINION BANK, NEW
YORK BRANCH, as Lender
By:___/s/ Jonathan Schwartz_______
Name: Jonathan Schwartz
Title: Authorized Signatory




Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)



Accepted and agreed as of the date first written above:
NATIONAL FUEL GAS COMPANY,
as Borrower
By:___/s/Timothy J. Silverstein_________
Name: Timothy J. Silverstein
Title: Treasurer and Chief Financial Officer
Signature Page to Existing Maturity Date Extension Consent
(National Fuel Gas Company)