Examples of Berry Credit Agreement in a sentence
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.
Most importantly, as the culmination of these efforts, on May 10, 2016, the Debtors entered into a restructuring support agreement (the “Bank RSA”) with restructuring support parties (the “Restructuring Support Parties”) who, as of the effective date of the Bank RSA, held approximately 69.99 percent of the outstanding principal indebtedness under the LINN Credit Agreement and approximately 67.75 percent of the outstanding indebtedness under the Berry Credit Agreement.
With the assistance of their advisors, the Debtors have sought to determine the extent and identity of their assets that are pledged as security under the LINN Credit Agreement and the Berry Credit Agreement.
Pursuant to the Berry Credit Agreement, the Berry Debtors maintain the Berry First Lien Credit Facility, a reserve-based secured revolving credit facility with an original borrowing base of $900 million.
Pursuant to the Berry Credit Agreement, Berry maintains the Berry First Lien Credit Facility (together with the LINN First Lien Credit facility, the “First Lien Credit Facilities”), areserve-based secured revolving credit facility with an original borrowing base of $900 million.
Prior to the Petition Date, on May 10, 2016, the Debtors entered into a restructuring support agreement (the “ Original LINN RSA”) with holders of approximately69.99% of the outstanding principal indebtedness under the LINN Credit Agreement and approximately 67.75% of the outstanding indebtedness under the Berry Credit Agreement.
For the avoidance of doubt, the payment of interest pursuant to this paragraph shall be without prejudice to the rights of the Administrative Agent and the other Prepetition Berry Secured Parties to assert claims for payment of additional interest at any other rates in accordance with the Prepetition Berry Credit Agreement and/or to request current payment of interest accrued at the Default Rate.
In other words in the above definition the goal of the adversary is to distinguish whether replies on its Tag queries are generated by a pseudo-random function f or by a truly random function f˜ of the same range.
The Third Amendment provides further that the administrative agent for the LINN Credit Agreement and the Berry Credit Agreement and the Debtors may agree to further extend such preceding deadline to 163 days without the consent of the Required Consenting Creditors (as defined in the Restructuring Support Agreement).
Pursuant to the Berry Credit Agreement, Berry maintains the Berry First Lien Credit Facility (together with the LINN First Lien Credit facility, the “First Lien Credit Facilities”), areserve-based secured revolving credit facility with an original borrowing base of [$900 million.] As of June 30, 2016, there are approximately $898 million of borrowings outstanding under the Berry First Lien Credit Facility (including approximately $23 million of outstanding letters of credit), which is nearly fully drawn.