Common use of Forbearance Conditions Clause in Contracts

Forbearance Conditions. Section 3(b) of the Forbearance Agreement is hereby amended and restated as follows: (i) delete “and” at the end of Section 3(b)(vii); (ii) add “and” at the end of Section 3(b)(viii); and (iii) add the following new Section 3(b)(ix). “Termination of the agreement to forbear pursuant to that certain Forbearance Agreement and Fourth Amendment to Loan and Security Agreement dated July 15, 2016, by and among Forbes Energy Services, TX Energy Services, X.X. Xxxxxx, LLC, Superior Tubing Testers, LLC and Forbes Energy International, LLC and Regions Bank, as amended.”

Appears in 4 contracts

Samples: Forbearance Agreement (Forbes Energy Services Ltd.), Forbearance Agreement (Forbes Energy Services Ltd.), Forbearance Agreement (Forbes Energy Services Ltd.)

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