Examples of RBL Administrative Agent in a sentence
The 10-Q stated that the Company’s borrowing base had been reaffirmed at $1.3 billion: On February 14, 2019, Ultra Resources entered into a Fourth Amendment to Credit Agreement (the “Fourth Amendment to Credit Agreement”) with the RBL Administrative Agent and the RBL Lenders party thereto.
Moreover, I believe that the RBL Administrative Agent and RBL Lenders would only consent to the Debtors’ use of Cash Collateral if the Interim Cash Collateral Order included the Adequate Protection Obligations.
Except as provided in this Plan (including Article VI hereof), on the Effective Date, the DIP Agents, RBL Administrative Agent, the Notes Trustee, and their respective agents, successors, and assigns, shall be automatically and fully discharged of all of their duties and obligations associated with the DIP Credit Agreement, RBL Credit Agreement, and the Notes Indenture, as applicable.
Accordingly, the Court sustains Defendant’s objection to this testim ony regarding this exhibit as inadm issible for lack of foundation.
The Agent shall have received counterparts of the Fourth Amendment to Second Amended and Restated Credit Agreement, dated as of the First Amendment Effective Date (the “RBL Amendment”), by and among the Issuer, the other Guarantors, the RBL Lenders party thereto, and the RBL Administrative Agent, in form and substance reasonably satisfactory to the Requisite Holders, certified as being true and complete by a Responsible Officer of the Issuer.
The Company is therefore unable to make additional borrowings or issue additional letters of credit under the Credit Agreement.In February 2020, Ultra Resources entered into a Sixth Amendment to the Credit Agreement (the “Sixth Amendment”) with the RBL Administrative Agent and the RBL Lenders party thereto.
In order to adequately protect the Prepetition Secured Parties against the diminution of value of their collateral, the RBL Administrative Agent demanded, as a condition to permitting the use of Cash Collateral, that the Adequate Protection Liens include replacement liens on encumbered property and unencumbered Property.
On May 1, 2020, the Company and the RBL Facility entered into a Forbearance Agreement, Limited Waiver, and Fifth Amendment to Amended and Restated Agreement, whereby the RBL Administrative Agent and each of the lender parties to the RBL Credit Agreement agreed to forbear and refrain from exercising their rights and remedies against the Company under the RBL Credit Agreement through May 18, 2020.
He was shown statement of Shri Nilesh Jadyar recorded on 25.07.2017.
Failure of the Debtors to make any payment under the Interim Order to the RBL Administrative Agent or other RBL Secured Parties on the date such payment becomes due;Interim Order,¶ 13 3 Capitalized terms that are not otherwise defined in this table shall have the meaning ascribed to such terms in the body of the Motion.