FORBEARANCE AGREEMENTForbearance Agreement • April 15th, 2008 • Linens N Things Inc • Retail-home furniture, furnishings & equipment stores • New York
This FORBEARANCE AGREEMENT, is made and entered into as of April 15, 2008 (this “Forbearance Agreement”), by and among (a) the lenders identified on the signature pages hereof (such lenders, such lenders together with the other financial institutions party to the Credit Agreement referred to below and each of their respective successors and permitted assigns, are referred to hereinafter each individually as, a “Lender” and collectively as, the “Lenders”), (b) General Electric Capital Corporation (“GE Capital”), as US administrative agent for the Lenders and Issuing Banks (as defined in the Credit Agreement (as defined below)) (“US Administrative Agent”) and GE Canada Finance Holding Company (“GE Canada”), as Canadian Administrative Agent for the Lenders and Issuing Banks (“Canadian Administrative Agent”, and, together with the US Administrative Agent, the “Administrative Agents”), and (c) Linens ‘n Things, Inc. (“LNT”) and Linens ‘N Things, Center, Inc. (“LNT Center” and, together with
