Company: BKR
Filing Date: 2025-08-18
Form Type: 8-K
Source: 0001193125-25-182691
Chunk: 1

Company: Baker Hughes Co
Filing Date: 2025-08-18
Form: 8-K
Item: Item 1.01
Chunk 1
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 the Chart Acquisition without the funding of any term loans under the Term Loan Credit Agreement, (ii) the date on which the Merger Agreement is terminated in accordance with its terms and such termination has either been publicly announced by a party thereto or the Administrative Agent has received written notice thereof from BHH, and (iii) five business days after the Outside Date (as defined in the Merger Agreement as in effect on July 28, 2025). Borrowings under the Term Loan Credit Agreement will mature 2 years from the date of funding.

The Term Loan Credit Agreement also contains (i) certain representations and warranties, (ii) certain affirmative covenants, (iii) certain negative covenants and (iv) certain events of default, including among other things, cross-acceleration to certain indebtedness, and certain events of bankruptcy in each case, that BHH and BHC consider customary. If such an event of default occurs, the Lenders would be entitled to accelerate amounts due under the Term Loan Credit Agreement.

The above summary of the terms of the Term Loan Credit Agreement is not a complete description thereof and is qualified in its entirety by the full text of such agreement which is filed as Exhibit 10.1 hereto and incorporated herein by reference.