Common use of Forbearance Extension Clause in Contracts

Forbearance Extension. The parties hereby agree that, effective as of the date hereof, the Forbearance Termination Date under the Forbearance Agreement shall be the earlier to occur of: (a) March 31, 2021 (or any later date agreed to in writing by HT); (b) the occurrence of any Event of Default (other than an Existing Event of Default); and (c) the initiation of any action by the Company or any other Person to invalidate or limit the enforceability of any of the acknowledgments set forth in Article 3 of the Forbearance Agreement.

Forbearance Extension. The parties hereby agree that, effective as of the date hereof, the Forbearance Termination Date under the Forbearance Agreement shall be the earlier to occur of: (a) March 31February 28, 2021 (or any later date agreed to in writing by HT); (b) the occurrence of any Event of Default (other than an Existing Event of Default); and (c) the initiation of any action by the Company or any other Person to invalidate or limit the enforceability of any of the acknowledgments set forth in Article 3 of the Forbearance Agreement.