Common Contracts

Contract

Forbearance Agreement • May 5th, 2020

• Contract Type
  Forbearance Agreement
• Filed
  May 5th, 2020

Exhibit 10.3 This AMENDMENT No. 3 (this “Amendment”), dated as of May 9, 2019, by and among Fusion Connect, Inc., a Delaware corporation (the “Borrower”), the other Credit Parties, the Canadian Subsidiaries and the Forbearing Lenders. RECITALS WHEREAS, reference is made to that certain Forbearance Agreement, dated as of April 15, 2019 (the “Agreement” and, as amended by this Amendment and those certain extensions dated as of April 29, 2019 and May 6, 2019, the “Amended Agreement”), among the Borrower, the other Credit Parties, the Canadian Subsidiaries and the Forbearing Lenders; WHEREAS, the Borrower wishes to incur a new term loan facility in an aggregate principal amount of up to $20,000,000 pursuant to the Super Senior Credit Agreement; and WHEREAS, the Borrower has requested that the Forbearing Lenders constituting the Requisite Lenders and the Requisite Tranche A/Revolving Lenders amend the Agreement as set forth herein in connection with the foregoing. NOW, THEREFORE, in conside