Example ContractsClausesAmendment to Forbearance Agreement
Amendment to Forbearance Agreement
Amendment to Forbearance Agreement contract clause examples

Substantially concurrently with the occurrence of the Amendment Effective Date, the Forbearance Agreement shall have been executed by the parties thereto and shall have become, and shall continue to be, effective in accordance with the terms thereof, and the Initial First-Out Lender (or its counsel) shall have received a copy thereof, and the Forbearance Agreement shall be in form and substance satisfactory to the Initial First-Out Lender.

Each of the Forbearance Agreement and the ABL Forbearance Agreement (and the forbearances provided for therein) shall remain effective.

#[[Organization B:Organization]] hereby consent to the ABL Forbearance Agreement, including the modification of the ABL Credit Agreement pursuant to the ABL Forbearance Agreement.

Term Loan Payment. Notwithstanding the provisions of Section 2.8(a) of the Credit Agreement and 5.8 of the Prior Forbearance Agreement, the scheduled principal payments of $250,000 on the Term Loans # previously payable upon the expiration of the "Forbearance Period" (as defined in the Prior Forbearance Agreement) pursuant to [Section 5.8] of the Prior Forbearance Agreement, # previously payable on September 30, 2017 and # otherwise payable on December 31, 2017 will instead be due and payable on the date that the Forbearance Period terminates or expires.

“Forbearance Agreement” means the Forbearance Agreement, dated as of March 27, 2018, among the Borrower, the other Loan Parties party thereto, the Administrative Agent, and [[Organization B:Organization]] party thereto.

Issuer, the other Credit Parties and the entered into a Forbearance Agreement to Second Lien Indenture, dated January 30, 2015, and amended March 2, 2015 (the “Second Lien Forbearance Agreement”).

The Existing Loan Agreement is hereby amended to read in its entirety as set forth in Exhibit A hereto (the “Amended Loan Agreement”). All schedules and exhibits to the Existing Loan Agreement, as in effect immediately prior to the Amendment No. 6 Effective Date, shall constitute schedules and exhibits to the Amended Loan Agreement except, that, those schedules and exhibits which are attached to the Amended Loan Agreement shall constitute those respective schedules and exhibits after the date of this Amendment No. 6. Each reference

Amendment to Original Agreement. Section 7.1(b) of the Original Agreement is hereby amended as follows: the text “April 23, 2021” in Section 7.1(b) of the Original Agreement is hereby deleted and the text “May 24, 2021” is inserted therefor.

Upon the unanimous agreement of the Parties hereto and the approval by the shareholders (meeting) of Party A, the Parties hereto may make amendments or supplements to this Agreement and take all necessary steps and actions, at their cost, to make such amendments or supplements legal and effective.

Amendment of Purchase Agreement. Subject to the satisfaction or waiver in writing by [[Organization H:Organization]]ach condition precedent set forth in Section 6 of this Third Amendment Agreement, the Purchase Agreement shall, effective as of the Effective Date, be amended in the manner provided in this Section 1.

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