SIXTH AMENDMENT AND FORBEARANCE AGREEMENTAnd Forbearance Agreement • May 13th, 2003 • Speizman Industries Inc • Wholesale-industrial machinery & equipment • Alabama
THIS SIXTH AMENDMENT AND FORBEARANCE AGREEMENT (this "Agreement"), dated and effective as of the 31st day of March, 2003 (the "Effective Date"), is by and among SPEIZMAN INDUSTRIES, INC., a Delaware corporation ("Speizman"), SPEIZMAN YARN EQUIPMENT, INC., a South Carolina corporation ("Speizman Yarn"), WINK DAVIS EQUIPMENT COMPANY, INC., a Georgia corporation ("Wink Davis"), TODD MOTION CONTROLS, INC., a North Carolina corporation ("Todd Motion;" and together with Speizman, Speizman Yarn, Wink Davis and any future direct or indirect subsidiaries of Speizman or of any other entities listed above, the "Borrowers"), jointly and severally and their respective successors and assigns, and SOUTHTRUST BANK, an Alabama banking corporation ("Lender").
