FORBEARANCE AGREEMENTForbearance Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020The parties to this FOREBEARANCE AGREEMENT (this "Agreement"), dated as of August 1, 2013, but effective as of August 1, 2013 (the "Forbearance Date"), are BANK OF AMERICA, N.A. ("Lender"), AMERICAN LOCKER GROUP INCORPORATED, a Delaware corporation (“Locker Group Borrower”), AMERICAN LOCKER SECURITY SYSTEMS, INC., a Delaware corporation (“Security Borrower”), SECURITY MANUFACTURING CORPORATION, a Delaware corporation (“Manufacturing Borrower”), and CANADIAN LOCKER COMPANY LIMITED, a corporation incorporated under the federal laws of Canada (“Canadian Borrower”)(Locker Group Borrower, Security Borrower, Manufacturing Borrower and Canadian Borrower are collectively referred to herein as “Borrower”). For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:
ContractForbearance Agreement • September 18th, 2013 • American Locker Group Inc • Partitions, shelvg, lockers, & office & store fixtures
Contract Type FiledSeptember 18th, 2013 Company IndustryThe parties to this FOREBEARANCE AGREEMENT (this "Agreement"), dated as of August 1, 2013, but effective as of August 1, 2013 (the "Forbearance Date"), are BANK OF AMERICA, N.A. ("Lender"), AMERICAN LOCKER GROUP INCORPORATED, a Delaware corporation (“Locker Group Borrower”), AMERICAN LOCKER SECURITY SYSTEMS, INC., a Delaware corporation (“Security Borrower”), SECURITY MANUFACTURING CORPORATION, a Delaware corporation (“Manufacturing Borrower”), and CANADIAN LOCKER COMPANY LIMITED, a corporation incorporated under the federal laws of Canada (“Canadian Borrower”)(Locker Group Borrower, Security Borrower, Manufacturing Borrower and Canadian Borrower are collectively referred to herein as “Borrower”). For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows: