Exhibit 10.1
AMENDMENT NO. 8 TO REVOLVING
CREDIT AGREEMENT
THIS AMENDMENT NO. 8 TO REVOLVING CREDIT AGREEMENT, dated as of
August 6, 2008, amends the Revolving Credit Agreement dated as
of November 8, 2005, as amended by Amendment No. 1 to
Revolving Credit Agreement dated as of March 28, 2006, by
Amendment No. 2 to Revolving Credit Agreement dated as of
May 11, 2006, by Amendment No. 3 to Revolving Credit
Agreement dated as of November 7, 2006, by Amendment
No. 4 to Revolving Credit Agreement dated as of July 31,
2007, by Amendment No. 5 to Revolving Credit Agreement dated
as of August 8, 2007, by Amendment No. 6 to Revolving
Credit Agreement dated as of November 6, 2007 and by Amendment
No. 7 to Revolving Credit Agreement dated as of March 31,
2008 (as so amended, the “Credit Agreement”), between
Guaranty Bancorp, a Delaware corporation (formerly known as
Centennial Bank Holdings, Inc.) (the “Borrower”),
and U.S. Bank National Association (the
“Lender”).
RECITAL
The Borrower and the Lender desire to amend the Credit Agreement as
provided below.
AGREEMENTS
In consideration of the promises and agreements contained in the
Credit Agreement, as amended hereby, the Borrower and the Lender
agree as follows:
1.
Definitions and References . Capitalized terms not
otherwise defined herein have the meanings ascribed to them in the
Credit Agreement. Upon the execution and delivery of this
Amendment No. 8 to Revolving Credit Agreement
(“Amendment No. 8”) by the Borrower and the
Lender, each reference to the Credit Agreement contained in the
Credit Agreement, the Note, the Pledge Agreement or any other
document relating thereto means the Credit Agreement as amended by
this Amendment No. 8.
2.
Amendment to Credit Agreement .
(a)
The first sentence of section 1.2 of the Credit Agreement is
amended by deleting the amount “SEVENTY MILLION AND NO/100
UNITED STATES DOLLARS ($70,000,000)” and replacing it with
the amount “FORTY MILLION AND NO/100 UNITED STATES DOLLARS
($40,000,000)”.
