Examples of Forbearance Agreements in a sentence
The existence of Forbearance Agreements necessary to bring the delivery of the ICS into compliance with Articles II(B)(2) and II(B)(6) of the Consolidated Decree.
The ICS shall be delivered to the Contractor that created it pursuant to both Articles II(B)(2) and II(B)(6) of the Consolidated Decree and Forbearance Agreements.
Implementation of these Guidelines for ICS is conditioned upon execution of Forbearance Agreements and Delivery Agreements as further provided for in these Guidelines.
The Existing Forbearance Agreements are described in a Current Report on Form 8-K filed by the Company with the SEC on June 15, 2020, and available on the SEC’s Edgar website as well as the Company's website, which includes the full text of the agreement as an exhibit.
In those circumstances, there is no guarantee the Company will be able to successfully renegotiate the terms of the Forbearance Agreements, in which case the amounts owing to the Company’s creditors who had signed Forbearance Agreements will become immediately due and payable and any debt reductions that had been agreed as part of the Forbearance Agreements will cease to apply.