Examples of Berry Administrative Agent in a sentence
The Berry Administrative Agent and the administrative agent under the Berry Exit Facility shall use its reasonable good-faith efforts to work with such hedging counterparties to the Debtors that are not also lenders to the Berry Exit Facility, as applicable, to assign loan commitments under the Berry Exit Facility to any such hedging counterparty to the Debtors that is not also a Berry Lender.
Except as otherwise provided in the Plan, all distributions on account of Allowed Berry Lender Claims shall be governed by the Berry Credit Agreement and shall be deemed completed when made to the Berry Administrative Agent, which shall be deemed the Holder of such Allowed Berry Lender Claims for purposes of distributions to be made hereunder.
The Berry Administrative Agent shall hold or direct such distributions for the benefit of the Holders of Allowed Berry Lender Claims for the benefit of the Holders of Allowed Berry Lender Claims, as applicable.
As soon as practicable following compliance with the requirements set forth in this Article VI, the Berry Administrative Agent shall arrange to deliver or direct the delivery of such distributions to or on behalf of the Holders of Allowed Berry Lender Claims.
The Debtor Release appropriately offers protection to parties that participated in the Debtors’ restructuring process, including the LINN Administrative Agent, the Consenting LINN Creditors, the Berry Administrative Agent, the Consenting Berry Creditors, each of the LINN Lenders and the Berry Lenders, including each Secured hedge or swap provider, and the Committee and its members in their capacities as such.
Each Plan is the product of good faith, arm’s-length negotiations by and among the Debtors, the Debtors’ directors and officers, the LINN Administrative Agent, the Consenting LINN Creditors, the Berry Administrative Agent, the Consenting Berry Creditors, and the Committee.
Each Plan is the product of good faith,arm’s-length negotiations by and among the Debtors, the Debtors’ directors and officers, the LINN Administrative Agent, the Consenting LINN Creditors, the Berry Administrative Agent, the Consenting Berry Creditors, and the Committee.
The terms of the Berry Exit Facility are fair and reasonable, and the Berry Exit Facility was negotiated in good faith and atarm’s-length by the Debtors, the Berry Administrative Agent, and the Consenting Berry Lenders.
The Berry Debtors, or the Reorganized Berry Debtors, as applicable, are authorized, on the Effective Date of the Berry Plan, to indefeasibly pay the Berry Lender Paydown in Cash to the Berry Administrative Agent for the benefit of Holders of Berry Lender Claims.