Common Contracts
1 similar Forbearance Agreement contracts
FORBEARANCE AGREEMENTForbearance Agreement • August 14th, 2014 • New York
This Forbearance Agreement (as amended or modified from time to time, the “Agreement”) is dated as of August 14, 2014 and is entered into by and among Puerto Rico Electric Power Authority (“PREPA”), National Public Finance Guarantee Corporation (“National”), Assured Guaranty Corp., Assured Guaranty Municipal Corp. (together with Assured Guaranty Corp., “Assured”), Syncora Guarantee Inc. (“Syncora”), and the undersigned members of the Ad Hoc Group of PREPA Bondholders identified on Annex A (the “Ad Hoc Group”). National, Assured, and Syncora, and any of their affiliates and predecessors that have insured Bonds (as herein defined) will be referred to herein collectively as the “Insurers,” the Ad Hoc Group, together with persons who execute a joinder to this Agreement in the form of Annex B, will be referred to herein collectively as the “Holders,” and the Insurers and the Holders will be referred to herein collectively as the “Forbearing Creditors.” All parties hereto will be referred to
