Examples of RBL Credit Agreement in a sentence
Any letters of credit issued and outstanding under the RBL Credit Agreement on the Effective Date shall be “rolled” into the Exit Credit Facility.
The RBL Claims shall be Allowed and deemed to be Allowed Claims in the full amount outstanding under the RBL Credit Agreement and the Cash Collateral Orders, including all principal, accrued and unpaid interest, and all accrued and unpaid fees, expenses, and noncontingent or asserted indemnification claims payable under the RBL Credit Agreement and the Cash Collateral Orders.
All letters of credit issued and outstanding under the RBL Credit Agreement as of the Effective Date shall be deemed issued and outstanding under the Amended RBL Credit Agreement on and after the Effective Date.
Except for the foregoing, the RBL Agent and its respective agents shall be relieved of all further duties and responsibilities related to the Loan Documents (as defined in the RBL Credit Agreement) and the Plan, except with respect to such other rights of the RBL Agent that, pursuant to the RBL Credit Agreement, survive the termination of the Loan Documents (as defined in the RBL Credit Agreement).
For purposes of the distribution on account of the RBL Claims, the RBL Agent shall (a) be deemed to be the Holder of all RBL Claims, and (b) make the Pro Rata distributions of the RBL Recovery to the RBL Lenders pursuant to the RBL Credit Agreement.