Protocol: ISDA August 2012 DF Protocol
Adhering Organization: Sable Permian Resources, LLC
Date: August 21, 2018
ISDA August 2012 DF Protocol - Adherence
The purpose of this letter is to confirm our adherence as a “Protocol Participant” to the ISDA August 2012 DF Protocol Agreement as published by the International Swaps and Derivatives Association, Inc. on August 13, 2012 (the “Protocol Agreement”). This letter constitutes an Adherence Letter as referred to in the Protocol Agreement. The definitions and provisions contained in the Protocol Agreement are incorporated into this Adherence Letter.
We agree to pay a one-time fee of $500 to ISDA at or before the submission of this Adherence Letter.
1. Specified Terms
We hereby represent that this is the only Adherence Letter submitted by us to ISDA in respect of the Protocol Agreement.
2. Appointment as Agent and Release
We hereby appoint ISDA as our agent for the limited purposes of the Protocol Agreement and accordingly we waive, and hereby release ISDA from, any rights, claims, actions or causes of action whatsoever (whether in contract, tort or otherwise) arising out of or in any way relating to this Adherence Letter or our adherence to the Protocol Agreement or any actions contemplated as being required by ISDA.
3. DTCC Account Number
For purposes of electronic matching and counterparty recognition, our DTCC Account Number is as follows, but you understand and agree that our failure to provide any such details pursuant to this Adherence Letter will not affect the legal validity and binding nature of the Protocol with respect to us:
DTCC Account Number:
4. Contact Details
Our contact information, solely for purposes of this Adherence Letter (and unrelated to the Questionnaire delivery options in the subsequent section) is:
5. Delivery of Questionaire
Delivery of a Questionnaire by another Protocol Participant may be made to us pursuant to Section 3 of the Protocol Agreement as follows, where the relevant box has been checked:
submitted via ISDA Amend in accordance with the terms thereof.
submitted in writing and delivered in person or by courier, or by certified or registered mail (airmail, if overseas) or the equivalent (return receipt requested) to:
submitted by facsimile transmission, to:
submitted by e-mail or other electronic messaging system, to:
5. We understand that the Protocol is designed to allow “matching” of Questionnaires between a swap dealer and other counterparties (including other swap dealers). Accordingly, to assist in the administration of the Protocol, we have checked this box to indicate that for purposes of receiving Questionnaires (a) we are, or expect to be, a swap dealer or (b) we are submitting this letter to act under the Protocol Agreement on behalf of a PCA Principal that is, or expects to be, a swap dealer and whose legal name is:
We consent to the publication of a conformed copy of this letter by ISDA and to the disclosure by ISDA of the contents of this letter.