AMENDED AND RESTATED RESTRUCTURING SUPPORT AGREEMENTRestructuring Support Agreement • July 24th, 2020 • California Resources Corp • Crude petroleum & natural gas • New York
This AMENDED AND RESTATED RESTRUCTURING SUPPORT AGREEMENT (including all exhibits, annexes, and schedules attached to this agreement in accordance with Section 14.02, this “Agreement”) is made and entered into as of July 24, 2020 (the “Execution Date”), and amends and restates in its entirety the Restructuring Support Agreement dated as of July 15, 2020 (the “Original Restructuring Support Agreement”) by and among the following parties (each of the following described in sub-clauses (i) through (iv) of this preamble, collectively, the “Parties”):
AMENDED AND RESTATED BACKSTOP COMMITMENT AGREEMENTBackstop Commitment Agreement • July 24th, 2020 • California Resources Corp • Crude petroleum & natural gas • New York
This AMENDED AND RESTATED BACKSTOP COMMITMENT AGREEMENT (including exhibits and schedules attached hereto and incorporated herein, this “Agreement”) is made and entered into as of July 24, 2020, and amends and restates in its entirety the Backstop Commitment Agreement dated as of July 15, 2020 (the “Original Backstop Commitment Agreement”) by and among California Resources Corporation, a Delaware corporation (the “Company”), on behalf of itself and each of its affiliates listed on Schedule 1 hereto (collectively, together with the Company, the “Debtors”), on the one hand, and the Backstop Parties set forth on Schedule 2 hereto (as such list may be amended, supplemented or modified from time to time in accordance with this Agreement, including Sections 3 and 4 hereof) (each referred to herein, individually, as a “Backstop Party” and, collectively, as the “Backstop Parties”), on the other hand. The Company and each Backstop Party is referred to herein, individually, as a “Party” and, col
JUNIOR SECURED SUPERPRIORITY DEBTOR-IN-POSSESSION CREDIT AGREEMENT DATED AS OF JULY 23, 2020Possession Credit Agreement • July 24th, 2020 • California Resources Corp • Crude petroleum & natural gas • London
JUNIOR SECURED SUPERPRIORITY DEBTOR-IN-POSSESSION CREDIT AGREEMENT, dated as of July 23, 2020, among CALIFORNIA RESOURCES CORPORATION, a Delaware corporation (the “Borrower” or the “Company”), as a debtor and debtor-in-possession under chapter 11 of the Bankruptcy Code, the banks, financial institutions and other lending institutions from time to time party as lenders hereto (each a “Lender” and, collectively, the “Lenders”) and Alter Domus Products Corp., as Administrative Agent.
