Common use of Limits on Lender Liability Clause in Contracts

Limits on Lender Liability. Nothing in this Interim Order or in any of the DIP Loan Documents or the Prepetition Debt Documents or any other documents related to this transaction shall in any way be construed or interpreted to impose or allow the imposition upon the DIP Secured Parties or the Prepetition Secured Parties of any liability for any claims arising from any and all activities by the Debtors in the operation of their businesses in connection with the Debtors’ postpetition restructuring efforts.

Appears in 3 contracts

Sources: Restructuring Support Agreement (California Resources Corp), Junior Secured Debtor in Possession Credit Agreement (California Resources Corp), Restructuring Support Agreement (California Resources Corp)