Amendments to Existing Forbearance Agreement. On the Effective Date, the parties agree that (x) with respect to Lender’s agreement to forbear, the terms of Sections 3, 4, 5, 6, 8, and 13 of the Existing Forbearance Agreement shall continue in full force and effect and be ratified by the parties hereto, subject to the amendments thereto set forth in this section, and (y) the Existing Forbearance Agreement shall be deemed to be amended as follows:
Appears in 4 contracts
Samples: Loan Agreement (Fieldpoint Petroleum Corp), Loan Agreement (Fieldpoint Petroleum Corp), Loan Agreement (Fieldpoint Petroleum Corp)
Amendments to Existing Forbearance Agreement. On the Effective Date, . the parties agree that (x) with respect to Lender’s agreement to forbear, the terms of Sections 3, 4, 5, 6, 8, 8 and 13 of the Existing Forbearance Agreement shall continue in full force and effect and be ratified by the parties hereto, subject to the amendments thereto set forth in this section, and (y) the Existing Forbearance Agreement shall be deemed to be amended as follows:
Appears in 1 contract
Samples: Loan Agreement and Fourth (Fieldpoint Petroleum Corp)
