FORBEARANCE AND AMENDMENT AGREEMENTForbearance and Amendment Agreement • February 9th, 2018 • Alliqua BioMedical, Inc. • Surgical & medical instruments & apparatus • New York
This FORBEARANCE AND AMENDMENT AGREEMENT, dated as of February 5, 2018 (this “Agreement”), is made by and among ALLIQUA BIOMEDICAL, INC., a Delaware corporation (the “Borrower”), AQUAMED TECHNOLOGIES, INC., a Delaware corporation (the “Guarantor”; the Borrower and the Guarantor are each also referred to herein individually as a “Loan Party” and collectively as the “Loan Parties”) and PERCEPTIVE CREDIT HOLDINGS, LP, a Delaware limited partnership (the “Lender”). Unless otherwise defined herein or the context otherwise requires, terms used in this Agreement, including its preamble and recitals, have the meanings provided in the Credit Agreement (defined below).
