Second Forbearance Agreement definition
Examples of Second Forbearance Agreement in a sentence
Borrower acknowledges the following additional fee owed to Lender that is due on or before the Deferral Date: a hedge termination fee in the amount of $56,085.00, due pursuant to the Second Forbearance Agreement in connection with the termination of Hedge Transactions.
Pursuant to the Second Forbearance Agreement, each of the Noteholders has agreed not to enforce its rights in respect of the Notes prior to 2:00 p.m. (New York time) on August 15, 2016, subject to certain restrictions, in order to provide the Corporation and the Noteholders with additional time to finalize definitive documentation effecting, among other things, entering into a term loan facility that extends the maturity date of the indebtedness owed to the Noteholders to August 1, 2017.
The Second Forbearance Agreement extended the forbearance period through March 31, 2009, subject to earlier termination in some circumstances.
On February 12, 2021, the Debtors and the Prepetition Lender entered into that certain Second Forbearance Agreement and Nineteenth Amendment to Loan and Security Agreement (the “Nineteenth Amendment”), whereby T-Mobile agreed to provide an additional approximate $2.3 million in bridge financing through the existing Prepetition Loan Facility.
All of the provisions of the Credit Agreement, the Second Forbearance Agreement and the other Credit Documents are hereby reiterated, and if ever waived, are hereby reinstated.