SilverBow Resources Inc.

07/30/2024 | Press release | Distributed by Public on 07/30/2024 15:02

Acquisition/Asset Disposal Form 8 K

Item 1.02

Termination of a Material Definitive Agreement.

In connection with the consummation of the Mergers, on the Closing Date, SilverBow terminated all outstanding lender commitments (as applicable) under the (i) First Amended and Restated Senior Secured Revolving Credit Agreement, dated as of April 19, 2017, among SilverBow, JPMorgan Chase Bank, N.A., as administrative agent and issuing bank, and certain bank lenders thereto (as amended, restated, supplemented or modified from time to time, the "Credit Agreement") and (ii) the Note Purchase Agreement, dated December 15, 2017, among SilverBow, the holders party thereto and U.S. Bank Trust Company, National Association (as successor-in-interestto U.S. Bank National Association), as agent and collateral agent (as amended, restated, supplemented or modified from time to time, the "Note Purchase Agreement" and, together with the Credit Agreement, the "Financing Agreements"). In connection with the termination of the Financing Agreements, on the Closing Date, all outstanding obligations for principal, interest and fees under the Financing Agreements were paid off in full and all guarantees in respect of and all liens securing any obligations under the Financing Agreements were terminated and released.