Forbearance Agreement and First Amendment to Amended and Restated Loan and Security Agreement Sample Contracts

FORBEARANCE AGREEMENT AND FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

Forbearance Agreement and First Amendment to Amended and Restated Loan and Security Agreement • November 12th, 2020 • Hydrofarm Holdings Group, Inc. • Wholesale-miscellaneous nondurable goods • New York

• Contract Type
  Forbearance Agreement and First Amendment to Amended and Restated Loan and Security Agreement
• Filed
  November 12th, 2020
• Company
  Hydrofarm Holdings Group, Inc.
• Industry
  Wholesale-miscellaneous nondurable goods
• Jurisdiction
  New York

This FORBEARANCE AGREEMENT AND FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT, dated as of May 18, 2018 (this “Agreement”), is made and entered into by and among HYDROFARM HOLDINGS LLC, a Delaware limited liability company (“Holdings”), HYDROFARM, LLC, a California limited liability company (“Hydrofarm”), EHH HOLDINGS, LLC, a Delaware limited liability company (“EHH”), SUNBLASTER LLC, a Delaware limited liability company (“SunBlaster”), and WJCO LLC, a Colorado limited liability company (“WJCO”; together with Hydrofarm, EHH, SunBlaster, each, a “U.S. Borrower” and collectively, the “U.S. Borrowers”), HYDROFARM CANADA, LLC, a Delaware limited liability company (“Hydrofarm Canada”), GS DISTRIBUTION INC., a British Columbia company (“GSD”), EDDI’S WHOLESALE GARDEN SUPPLIES LTD., a British Columbia company (“Eddi”)) and SUNBLASTER HOLDINGS ULC, a British Columbia unlimited liability company (“Sunblaster Canada”; together with GSD and Eddi, each, a “Canadian Borrower” a