Yes, exactly.
But there would be nothing in it for Barclays if that happened.
Better to work with us (as they are doing) whilst imposing a cap.
I just wanted to make the point that it is not accurate to portray the bank as having its finger on the "administration" button as though it some sort of easily exercisable, nothing-to-lose option for it. It would be a last resort to force us into administration for practical business reasons, irrepsective of whether there are additional PR considerations by virtue of the borrower being a well-known local institution.