FORBEARANCE AGREEMENTForbearance Agreement • December 21st, 2015 • Speed Commerce, Inc. • Wholesale-computers & peripheral equipment & software • New York
FORBEARANCE AGREEMENT (this “Agreement”), dated as of December 16, 2015 (the “Effective Date”), by and among SPEED COMMERCE, INC., a Minnesota corporation (the “Company”), the Guarantors listed on the signature pages hereof, the Requisite Lenders (as defined in the Credit Agreement (as hereinafter defined)) listed on the signature pages hereof, and GARRISON LOAN AGENCY SERVICES LLC, (“GLAS”), as administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, the “Administrative Agent”) and GLAS, as collateral agent for the Secured Parties (in such capacity, together with its successors and assigns in such capacity, the “Collateral Agent”, and together with the Administrative Agent, collectively, the “Agents” and each an “Agent”).
