The Forbearance Period Clause Samples

The Forbearance Period. (as defined in the Forbearance Agreement) under the Forbearance Agreement shall not have terminated.

The Forbearance Period. (as defined in the Forbearance Agreement) under the Forbearance Agreement will expire on August 13, 2007 and the Company and Subsidiaries have asked the Lender to extend the Forbearance Period through September 12, 2007;

The Forbearance Period under the Initial Forbearance ends June 1, 2008 and Borrower (a) acknowledges the Default, (b) desires that PFG not declare an Event of Default or exercise other remedies under the Loan Documents due to the above-referenced Default (to “Forbear”) from the date hereof until the earlier to occur of the termination of this Forbearance or September 15, 2008 (the “Extended Forbearance Period”), and (c) desires that PFG provide the conditional limited waiver of the Default upon the terms and conditions more fully set forth herein.

The Forbearance Period. The parties further agree that the exercise of any Default Rights by the Lender upon termination of the Forbearance Period shall not be affected by reason of this Letter Agreement; and the parties hereto shall not assert as a defense thereto the passage of time, estoppel, laches or any statute of limitations to the extent that the exercise of any Default Rights- was precluded by this Letter Agreement.

The Forbearance Period. In reliance upon the representations, warranties and covenants of the Borrower contained in this Agreement, and subject to Sections 4 and 5 below, PFG agrees that until September 1, 2014 (the “Forbearance Termination Date”), it will forbear from exercising its rights and remedies as a result of any Event of Default.

The Forbearance Period. In reliance upon the representations, warranties and covenants of the Company contained in this Agreement, and subject to Section 5 below, each Holder agrees that until March 31, 2010, it will forbear from exercising its rights and remedies.