Common Contracts
2 similar Credit and Forbearance Agreement contracts by Portland Brewing Co /Or/, Rohn Industries Inc
WORLD HEADQUARTERS 6718 W. Plank Rd. Peoria, IL 61604 USA Ph: 309-697-4400 FAX: 309-697-5612 [OBJECT OMITTED] FOR FURTHER INFORMATION: Al Dix Chief Financial Officer (309) 633-6809 al.dix@rohnnet.com ROHN SIGNS AMENDMENT TO CREDIT AND FORBEARANCE...Credit and Forbearance Agreement • August 30th, 2002 • Rohn Industries Inc • Miscellaneous fabricated metal products
August 30, 2002, Peoria, IL -- ROHN Industries, Inc. (Nasdaq: ROHN), a global provider of infrastructure equipment for the telecommunications industry, announced today that it has entered into an amendment to its credit and forbearance agreements with its bank lenders. The amendment to the credit agreement, among other things, modifies the definition of the borrowing base to restrict the Company's access to $1,500,000 of borrowing capacity and imposes certain additional information requirements on ROHN. Under the amendment to the forbearance agreement, the bank lenders have agreed to extend until October 31, 2002 the period during which they will forbear from enforcing any remedies under the credit agreement arising from ROHN's breach of financial covenants contained in the credit agreement. If these financial covenants and related provisions of the credit agreement are not amended by October 31, 2002, and the bank lenders do not waive any defaults by that date, the bank lenders will b
CREDIT AND FORBEARANCE AGREEMENT -------------------------------- THIS CREDIT AND FORBEARANCE AGREEMENT (this "Agreement") is made as of the 17th day of August, 1998, by and between the MACTARNAHAN LIMITED PARTNERSHIP, an Oregon limited partnership...Credit and Forbearance Agreement • November 17th, 1998 • Portland Brewing Co /Or/ • Malt beverages • Oregon
