FORBEARANCE AGREEMENTForbearance Agreement • September 3rd, 2009 • Nortek Inc • Electric housewares & fans • New York
Contract Type FiledSeptember 3rd, 2009 Company Industry JurisdictionFORBEARANCE AGREEMENT, dated as of September 3, 2009 (this “Agreement”), among BANK OF AMERICA, N.A., as Administrative Agent and Collateral Agent for the Lenders under the Credit Agreement referred to below (in such capacities, the “Agent”), the Lenders party hereto, NORTEK, INC. (the “Specified U.S. Borrower”), VENTROL AIR HANDLING SYSTEMS INC. (the “Canadian Borrower” and, together with the Specified U.S. Borrower and each other Borrower from time to time party to the Credit Agreement referred to below, the “Borrowers”), and the other Loan Parties (as defined in the Credit Agreement referred to below).