Abraxas Petroleum: Surrender and Waiver of All Rights Under Mandate and Governance Agreement – Form 8-K
Subject: Waiver and Waiver of All Rights Under Mandate and Governance Agreement
On August 11, 2020, Abraxas Petroleum Corporation (“Abraxas“) issued that certain common share purchase warrants (the”To guarantee“) to AG Energy Funding, LLC (“AGEF“) originally for 33,445,792 common shares, par value, $ 0.01 per share on (“Ordinary actions“). Simultaneously, Abraxas and AGEF entered into this governance agreement (the”Governance agreement“) between Abraxas and AGEF, dated August 11, 2020, conferring on AGEF certain rights and advantages in terms of governance in Abraxas. AGEF hereby waives and waives all rights, securities and interests on the subscription warrant and any share ordinary underlying the warrant for no consideration and irrevocably waives all rights under the warrant. Hereby, AGEF waives, waives and waives all rights and interests granted to it under the Governance, and the Governance Agreement is hereby terminated, such waiver will not affect any right or obligation under any other instrument or Agreement.
Please acknowledge receipt of this waiver by email to Todd Dittmann ([email protected]) and Damon Putman ([email protected]) with copy to attorney Shamus Crosby ([email protected]) and Nicholas Baker ( NBaker @ stblaw .com).
/ s / Todd Dittmann
Authorized Person of Angelo, Gordon & Co., LP
CC: James B. Smith, Dykema Gosset PLLC
Email: [email protected]
Abraxas Oil Company published this content on November 26, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 26, 2021 02:19:03 PM UTC.