FORBEARANCE AGREEMENT AND FIFTH AMENDMENT TO CREDIT AGREEMENTForbearance Agreement and Fifth Amendment to Credit Agreement • December 11th, 2015 • Hampshire Group LTD • Knit outerwear mills • New York
THIS FORBEARANCE AGREEMENT AND FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Agreement”), is entered into as of November 30, 2015, by and among Hampshire Group, Limited, a Delaware corporation (the “Lead Borrower”), Hampshire Brands, Inc., a Delaware corporation (“Hampshire Brands”), Hampshire International, LLC, a Delaware limited liability company (“Hampshire International”) and Scott James, LLC, a Delaware limited liability company (“Scott James”, together with the Lead Borrower, Hampshire Brands and Hampshire International, collectively, the “Borrowers”), Salus CLO 2012-1, LTD. (“Salus CLO”) and Salus Capital Partners, LLC (“SCP”, together with Salus CLO, each a “Lender” and collectively, the “Lenders”) and Salus Capital Partners, LLC, as Administrative Agent and Collateral Agent for the Lenders party thereto (in such capacity, the “Agent”).
