FIRST AMENDMENT OF FORBEARANCE AGREEMENT AND FIRST AMENDMENT TO CREDIT AGREEMENTForbearance and Credit Agreement Amendment • November 14th, 2019 • Aerocentury Corp • Services-equipment rental & leasing, nec • New York
THIS FIRST AMENDMENT OF FORBEARANCE AGREEMENT AND FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of November 13, 2019, is entered into by and among AEROCENTURY CORP., a Delaware corporation (“Borrower”), the Guarantors (defined below), the Lenders (defined below) and MUFG UNION BANK, N.A., a national banking association, as administrative agent for the Lenders (in such capacity, “Agent”), with reference to the following facts:
