FIRST AMENDMENT TO FORBEARANCE AGREEMENTForbearance Agreement • June 15th, 2020 • California Resources Corp • Crude petroleum & natural gas
Contract Type FiledJune 15th, 2020 Company IndustryTHIS FIRST AMENDMENT TO FORBEARANCE AGREEMENT (this “Agreement”) is entered into as of June 12, 2020, by and among CALIFORNIA RESOURCES CORPORATION, a Delaware corporation (the “Borrower”), the other Guarantors party hereto (the “Guarantors”), THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”) and the Lenders party hereto (the “Forbearing Lenders”).