Debt Restructuring Agreement Sample Contracts

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Polimex-Mostostal closer to the restructuring of financial liabilities
Debt Restructuring Agreement • April 29th, 2024

On 24 July 2012 the Company entered an agreement to refrain from enforcing obligations with the banks financing the activities of the Company and the holders of the bonds issued by the Company.

Contract
Debt Restructuring Agreement • September 6th, 2022 • Public Co Management Corp • Blank checks • Nevada

DEBT RESTRUCTURING AGREEMENT THIS DEBT RESTRUCTURING AGREEMENT (this “Agreement”), dated as of September 30, 2016 (the “Effective Date”), is made by and among Stephen Brock (“Brock”) and K. Brock & S. Brock General Partners trustee of Brock Family Trust, K. Brock & S. Brock General Partners Brock Family Trust UADTD 06/24/1998, K. Brock & S. Brock General Partners Trustee of Brock Family Trust, and the Brock Irrevocable Trust (together with Brock, the “Related Parties”) and Public Company Management Corporation, a Nevada corporation (the “Company”). RECITALS A. The Brock and the Related Parties are the holders of a certain promissory note made by the Company (the “Note”) or are holders of certain obligations or payables of the Company (the “Obligations”), B. As of September 30, 2008, the Company had accrued $540,000 in compensation to Brock and from October 1, 2008 to September 30, 2009, the Company had accrued an additional $180,000 in compensation to Brock, included as part of the Obl

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • July 13th, 2021 • British Columbia

This debt restructuring agreement (this “Agreement”) is entered into as of the 8th day of July, 2021 (the “Effective Date”), among Aurora Cannabis Inc. (“Aurora”), Choom Holdings Inc. (“Choom”), Choom BC Retail Holdings Inc. (“Choom BC”), 2688412 Ontario Inc. (“Choom ON”), 2151414 Alberta Ltd. (“Choom AB”) and such other Persons who execute and deliver a joinder agreement in accordance with the terms hereof from time to time.

Agreement with the Paris Club Signed
Debt Restructuring Agreement • May 14th, 2022

The High Representative, Carlos Westendorp, welcomes the agreement signed today in Paris between the Paris Club creditor countries and Bosnia and Herzegovina.

DEBT RESTRUCTURING AGREEMENT among HUNGARIAN TELECOM FINANCE INTERNATIONAL LIMITED, INVITEL HOLDINGS A/S and MAGYAR TELECOM B.V. Dated as of September 30, 2009
Debt Restructuring Agreement • November 12th, 2009 • Hungarian Telecom LP • Communications services, nec • New York

DEBT RESTRUCTURING AGREEMENT, dated as of September 30, 2009 (this “Agreement”), among Hungarian Telecom Finance International Limited, incorporated under the laws of the Cayman Islands as an exempted company (the “Debt Purchaser”), Invitel Holdings A/S, a public limited company organized under the laws of Denmark (the “Company”) and the successor entity, pursuant to a merger and related transactions, to Hungarian Telephone and Cable Corp., a Delaware corporation (“HTCC”), and Magyar Telecom B.V., a limited liability company incorporated in the Netherlands and a wholly-owned subsidiary of the Company (“Magyar Telecom”). For purposes of this Agreement, and with respect to Article II in particular, use of the term “Company” shall be interpreted broadly so as to include HTCC, as the predecessor entity to the Company, where the context requires.

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • December 23rd, 2013 • Borneo Resource Investments Ltd. • Bituminous coal & lignite mining • Washington

This DEBT RESTRUCTURING AGREEMENT (this "Agreement") is made and entered into as of the 17th day of December 2013 by and among Borneo Resource Investments Ltd. a Nevada corporation ("Borneo"), PT Puncak Kalabat, a limited liability company organized in Indonesia and a subsidiary of Borneo ("Kalabat"), and Sanding Longdong, an individual living in Indonesia (the "Seller" and together with Borneo and Kalabat, the “Parties”).

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • April 28th, 2021

The Board of Directors of Ley Choon Group Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) refers to the announcement entitled “Holding Announcement – Debt Restructuring Agreement” dated 31 March 2021 and is pleased to announce that the binding Term Sheet (the “Term Sheet”) in relation to the extension of the Debt Restructuring Agreement (the “DRA”) has been executed by all the Eligible Lenders. Pursuant to the Term Sheet, the final repayment date is to be extended from 31 March 2021 to 31 March 2024. Accordingly, the Group will reclassify the borrowings into current and non-current liabilities accordingly and will continue repaying the borrowings over the next three years.

PARIS CLUB PRESS RELEASE
Debt Restructuring Agreement • April 24th, 2001

This agreement consolidates roughly US$ 58 million due on loans contracted by Georgia before November 1, 1999 (“cut-off-date”, see attached technical notes). This amount consists of principal falling due from January 1st, 2001 through December 31, 2002 (of which US$ 1 million are ODA loans).

HOLDING ANNOUNCEMENT - DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • March 31st, 2021

The Board of Directors of Ley Choon Group Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) refers to the announcement entitled “Response to SGX-ST’s Queries on 3Q2021 Financial Statements” dated 16 February 2021 (the “Response Announcement”) and would like to update shareholders that the Group is still in discussions with the Eligible Lenders for an extension of the DRA which includes the extension of the final repayment date to 31 March 2024.

AMENDMENT
Debt Restructuring Agreement • December 31st, 2019 • Friendable, Inc. • Services-prepackaged software

AMENDMENT, made this 26th day of December 2019, to that certain Debt Restructuring Agreement dated March 26, 2019, by and among Friendable, Inc., (the “Company”), Fan Pass, Inc. (“Fan Pass”), Robert A. Rositano Jr. (“Robert Rositano”), Dean Rositano (“Dean Rositano”), Frank Garcia (“Garcia”), Checkmate Mobile, Inc. (“Checkmate”), Ellis International LP (“Ellis”), Coventry Enterprises, LLC (“Coventry”), Palladium Capital Advisors, LLC (“Palladium”), EMA Financial, LLC (“EMA”), Michael Finkelstein (“Finkelstein”), and Barbara R. Mittman (“Mittman”). Robert Rositano, Dean Rositano, Garcia and Checkmate, collectively, (the “Company Principals”). Ellis, Coventry, Palladium, EMA, Finkelstein, and Mittman are each a “Holder” and collectively, the “Holders.”

AMENDMENT NO. 1 TO DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • September 1st, 2006 • Exabyte Corp /De/ • Computer storage devices • California

This Amendment No. 1 (the “Agreement”) to the Agreement for Debt Restructuring and Modification of Manufacturing Terms dated as of September 1, 2003 (the “Original Agreement”) is made as of August 21, 2006 by and among (a) Exabyte Corporation, a Delaware corporation (the “Company”), and (b) Solectron Corporation , a Delaware corporation (hereinafter “Noteholder”), as holder of an Amended and Restated Promissory Note of the Company dated May 27, 2004 in original principal amount of $2,982,138.88 (the “Note). Noteholder is acting under the Note as agent for Shenei International Pte. Ltd. akd Solectron Technology Sdn. Bhd. The Company and Noteholder are collectively referred to herein as the “Parties.”

CADTM
Debt Restructuring Agreement • January 20th, 2016

Last December, Cuba reached a historic agreement with the Paris Club Paris Club This group of lender States was founded in 1956 and specializes in dealing with non-payment by developing countries.

DEBT RESTRUCTURING AGREEMENT BY AND AMONG the castle group, inc. (“Seller”)
Debt Restructuring Agreement • October 20th, 2022 • Castle Group Inc • Hotels & motels • Hawaii

This DEBT RESTRUCTURING AGREEMENT (this “Agreement”) is made and entered into as of June 10, 2022 (the “Execution Date” but effective as of the “Closing Date”), by and among GONZ HOLDINGS, LLC, a Hawaii limited liability company (“Buyer”), and THE CASTLE GROUP, INC., a Utah corporation (“Seller” and together with Buyer, the “Parties”).

PRESS RELEASE
Debt Restructuring Agreement • May 12th, 2006

This agreement consolidates roughly US$ 150 million due on debts contracted by Moldova before 31 December 2000. This amount consists of arrears (US$ 68 million, including late interest) due as of 30 April 2006 as well as maturities falling due from 1 May 2006 up to 31 December 2008 (US$ 81.8 million).

WITH ASSIGNMENT OF ASSETS
Debt-Restructuring Agreement • May 30th, 2002
THE PARIS CLUB AND GEORGIA AGREE TO A DEBT RESTRUCTURING
Debt Restructuring Agreement • July 22nd, 2004

This agreement consolidates roughly US$ 160.6 million due on debts contracted by Georgia before November 1, 1999 (of which US$ 12.7 million are ODA debts). This amount consists of arrears (including late interest) due as at May 31, 2004 as well as maturities falling due from June 1, 2004 up to December 31, 2006.

AGREEMENT
Debt Restructuring Agreement • June 8th, 2007 • Texhoma Energy Inc • Crude petroleum & natural gas • Texas

This Agreement, (“Agreement”) is entered into June 6, 2007, by and between Texhoma Energy, Inc. (the “Company” and Jacobs Oil & Gas Limited (“Jacobs”), each individually a “Party” and collectively the “Parties.”

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • April 24th, 2019 • LandStar, Inc. • Industrial organic chemicals • New York
Agreement on the restructuring of the debts of Ojer Telekomünikasyon A.Ş. July 6, 2018
Debt Restructuring Agreement • July 6th, 2018

All creditors including our Bank have reached an agreement on restructuring the debts of Ojer Telekomünikasyon A.Ş. (OTAŞ), the major shareholder of Türk Telekomünikasyon A.Ş. (Türk Telekom), provided under the loan agreements.

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • January 15th, 2008 • Atlantic Wine Agencies Inc • Blank checks • New York

This DEBT RESTRUCTURING AGREEMENT (the "Agreement") is entered into as of January 11, 2008 by and between Sapphire Developments Limited, a Belize corporation ("Sapphire"), Atlantic Wine Agencies, Inc., a Florida corporation (“Atlantic”) and Fairhurst Properties S.A., a B.V.I. corporation ("Fairhurst"). Sapphire and Fairhurst shall sometimes be referred to herein as the “Parties.”

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DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • February 1st, 2019
DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • April 25th, 2003 • Collins & Aikman Floor Coverings Inc • Carpets & rugs • Nova Scotia

NOW THEREFORE THIS AGREEMENT WITNESSETH that for valuable consideration, the receipt and sufficiency whereof is hereby acknowledged by each of the parties hereto, each of the parties agrees with the other as follows:

WORLDS.COM INC Old Greenwich, Connecticut 06870
Debt Restructuring Agreement • October 7th, 2011 • Worlds Online Inc. • Services-computer processing & data preparation • New York

This letter agreement confirms our understanding regarding the restructuring of the debt of Worlds.com Inc. ("WCI") to Pearson, Inc. ("Pearson") represented by the Convertible Promissory Note, dated November 21, 1997, given by our predecessor, Worlds, Inc., to Pearson (the "1997 Note").

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • June 12th, 2014 • Golden Queen Mining Co LTD • Metal mining • New York

DEBT RESTRUCTURING AGREEMENT (this “Agreement”) dated as of June 8, 2014, made by and among GOLDEN QUEEN MINING CO. LTD., a British Columbia corporation (“GQM”), GOLDEN QUEEN MINING CO., INC., a California corporation (“GQMCA”), (GQM and GQMCA are herein collectively referred to as the “Obligors”), CLAY FAMILY 2009 IRREVOCABLE TRUST, DATED APRIL 14, 2009 (the “Clay 2009 Trust”) and HARRIS CLAY, an individual (the Clay 2009 Trust and Harris Clay are herein collectively referred to as the “Lenders”).

DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • October 29th, 2013 • American Mining Corp • Metal mining

THIS AGREEMENT is made this 24th day of October, 2013, between Thomas Mills (“Creditor”) and American Mining Corporation, a company incorporated under the laws of the State of Nevada (“Debtor”)

BULGARIA
Debt Restructuring Agreement • August 1st, 2016
AMENDED AND RESTATED DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • April 30th, 2003 • I Link Inc • Telegraph & other message communications • Florida

This Debt Restructuring Agreement is entered into this 15th day of October 2002 between I-Link Incorporated, a Florida corporation (“I-Link”), Counsel Corporation (US), a Delaware corporation (“Counsel”), and Counsel Springwell Communications LLC, a Delaware limited liability company formerly known as Counsel Communications LLC (“Counsel Springwell”).

WITH ASSIGNMENT OF ASSETS
Debt-Restructuring Agreement • May 29th, 2002
DEBT RESTRUCTURING AGREEMENT
Debt Restructuring Agreement • July 27th, 2021

The Board of Directors of Ley Choon Group Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) refers to the announcements entitled “Holding Announcement – Debt Restructuring Agreement” and “Debt Restructuring Agreement” (collectively, the “Previous Announcements”) dated 31 March 2021 and 28 April 2021 respectively and would like to update shareholders as below.

THE PARIS CLUB AND GHANA AGREE TO A DEBT RESTRUCTURING.
Debt Restructuring Agreement • December 12th, 2001

This agreement treats roughly US$ 79 million of arrears as of May 31, 2001 and US$ 120 million of maturities in principal and interest falling due from June 1st, 2001 up to January 31, 2002.

Ley Choon’s lenders sign debt restructuring agreement
Debt Restructuring Agreement • March 9th, 2024

• Debt restructuring agreement (“DRA”) to provide mechanism for the repayment of current and future project proceeds to lenders

Debt Restructuring Agreement
Debt Restructuring Agreement • July 8th, 2008 • Viral Genetics Inc /De/ • Pharmaceutical preparations • California

THIS AGREEMENT, dated this fifth day of March 2008 (the “Agreement”), is made by and among VIRAL GENETICS, INC., a Delaware corporation (the “Borrower”) and BEST INVESTMENTS, INC., a California corporation (the “Lender”) for the purpose of amending and continuing the obligations represented by the Notes referenced below.

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