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.
Substantially concurrently with the occurrence of the Amendment Effective Date, the Limited Forbearance Agreement, dated as of the date hereof (the ABL Forbearance Agreement), among United States Holdings, Inc., the Borrowers (solely for this purpose, as defined therein), the Borrower, the other persons party thereto as [[Organization A:Organization]] (solely for this purpose, as defined therein), [[Organization B:Organization]] party thereto and Bank of America, N.A., 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 ABL Forbearance Agreement shall be in form and substance satisfactory to the Initial First-Out Lender.
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.
Entire Agreement; Amendment; Severability. This Agreement and the Plan embody the entire understanding of the parties regarding the subject matter hereof and will supersede all prior agreements and understandings, oral or written, between the parties with respect thereto. Except as otherwise provided in [Section 15.4] (Amendment to Conform to Law) of the Plan, no change, alteration or modification of this Agreement may adversely affect in any material way your rights under this Agreement without your prior written consent. If any provision of this Agreement or the application of any provision hereof is declared to be illegal, invalid, or otherwise unenforceable by a court of competent jurisdiction, the remainder of this Agreement will not be affected thereby.
Entire Agreement and Amendment. This Agreement and the Plan constitute the entire agreement of the parties with respect to the shares of Stock subject to this Award and supersede in their entirety all prior undertakings and agreements of the Company and you with respect to such Stock. No modification or waiver of any of the provisions of this Agreement that is material and adverse to you shall be effective unless in writing and signed by both parties.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.