Forbearance Terms. Repayment and performance of all obligations of Borrower to Bank under the Loan Agreement and this Forbearance shall be secured by the Collateral. Borrower shall not be permitted to request and Bank shall not make any Credit Extensions until the Existing Defaults have been waived in writing by Bank.
Appears in 2 contracts
Sources: Forbearance Agreement (Us Dataworks Inc), Forbearance Agreement (Us Dataworks Inc)