AGREEMENT REGARDING PAYOFF AND RELEASE OR AMENDMENT OF NOTESPayoff and Release or Amendment of Notes • May 29th, 2020 • Carbon Energy Corp • Crude petroleum & natural gas • New York
This AGREEMENT REGARDING PAYOFF AND RELEASE OR AMENDMENT OF NOTES (this “Agreement”) is entered into this 25th day of May, 2020, by and among Carbon Energy Corporation, a Delaware corporation (“Issuer”), Old Ironsides Fund II-A Portfolio Holding Company, LLC, a Delaware limited liability company (“Holder Fund II-A”) and Old Ironsides Fund II-B Portfolio Holding Company, LLC, a Delaware limited liability company (“Holder Fund II-B” and together with Holder Fund II-A, the “Holders”). Holders and Issuer are referred herein as the “Parties” and individually, a “Party.” Any capitalized term used herein but not otherwise defined shall have the meaning given to such term in the Purchase Agreement (as defined below) or the Notes (as defined below), as applicable.
