Noteholder Forbearance Agreement Clause Samples
Noteholder Forbearance Agreement. The noteholder forbearance agreement attached as Annex E to the Existing Credit Agreement Amendment (the “Noteholder Forbearance Agreement”) shall have been duly executed and delivered by the Parent Guarantor, each Subsidiary of the Parent Guarantor party thereto and institutions that beneficially own at least a majority of 2024 Notes out-standing as of the date hereof and shall be in full force and effect.
Noteholder Forbearance Agreement. The U.S. Borrower and beneficial owners of more than a majority of the U.S. Borrower’s outstanding 2024 Notes shall have entered into a forbearance agreement (the “Noteholder Forbearance Agreement”) with respect to the Noteholder Specified Defaults, which Noteholder Forbearance Agreement shall be in the form attached hereto as Exhibit A.
Noteholder Forbearance Agreement. The Requisite Forbearing Noteholders (as defined in the Noteholder Forbearance Agreement) shall have provided written consent (which may be evidenced by email from counsel) to the extension of the date “June 3, 2021” in clause (2) of the definition of Termination Event in Section 2(a) of the Noteholder Forbearance Agreement to “June 17, 2021”.
Noteholder Forbearance Agreement. The Consenting Noteholders (as defined in the Noteholder Forbearance Agreement) shall have provided written consent (which may be evidenced by email from counsel) to the extension of the date and time “5:00 p.m., New York City time, on August 3, 2021” in clause (2) of the definition of Termination Event in Section 2(a) of the Noteholder Forbearance Agreement to “11:59 p.m., New York City time, on August 17, 2021”
Noteholder Forbearance Agreement. The Requisite Forbearing Noteholders (as defined in the Noteholder Forbearance Agreement) shall have entered into the Fourth Amendment to Noteholder Forbearance Agreement which shall be in full force and effect.