Agreement

Fifth Forbearance Agreement

Exhibit 10.29
     This FIFTH FORBEARANCE AGREEMENT, dated as of November 30, 2009 (this “Agreement”), is entered into by and among American HomePatient, Inc., a Delaware corporation, American HomePatient, Inc., a Tennessee corporation, Designated Companies, Inc., American HomePatient of New York, Inc., The National Medical Rentals, Inc., American HomePatient of Texas, L.P., AHP, L.P., AHP Home Medical Equipment Partnership of Texas, Colorado Home Medical Equipment Alliance, LLC, Northeast Pennsylvania Alliance, LLC, Northwest Washington Alliance, LLC, AHP Home Care Alliance of Tennessee, AHP Alliance of Columbia, AHP Knoxville Partnership, AHP Home Care Alliance of Gainesville, AHP Home Care Alliance of Virginia (collectively, the “Makers”), NexBank, SSB (as successor in interest to Heritage Bank, SSB, the “Agent”) and those certain entities appearing on Schedule I attached hereto (collectively, the “Forbearing Holders”).
W I T N E S S E T H:
     WHEREAS, the Makers have executed and delivered in favor of the Agent, on behalf of the holders thereof, a Secured Promissory Note, dated as of July 1, 2003, in the principal amount of $250,000,000 (such note, as may be amended, restated, supplemented, or otherwise modified from time to time, the “Note”);
     WHEREAS, as of the date hereof, the Makers acknowledge that the Event of Default under the Note defined herein as the “Designated Event of Default” has occurred and is continuing;
     WHEREAS, pursuant to the terms of that certain First Forbearance Agreement (as defined below) the Forbearing Holders (as defined in the First Forbearance Agreement) agreed to forbear from exercising remedies during the Forbearance Period (as defined in the First Forbearance Agreement);
     WHEREAS, the First Forbearance Agreement expired per its terms on September 1, 2009;
     WHEREAS, pursuant to the terms of that certain Second Forbearance Agreement (as defined below) the Forbearing Holders (as defined in the Second Forbearance Agreement) agreed to forbear from exercising remedies during the Forbearance Period (as defined in the Second Forbearance Agreement);
     WHEREAS, the Second Forbearance Agreement expired per its terms on October 1, 2009;
     WHEREAS, pursuant to the terms of that certain Third Forbearance Agreement (as defined below) the Forbearing Holders (as defined in the Third Forbearance Agreement) agreed to forbear from exercising remedies during the Forbearance Period (as defined in the Third Forbearance Agreement);
     WHEREAS, the Third Forbearance Agreement expired per its terms on November 1, 2009;
     WHEREAS, pursuant to the terms of that certain Fourth Forbearance Agreement (as defined below) the Forbearing Holders (as defined in the Fourth Forbearance Agreement) agreed to forbear from exercising remedies during the Forbearance Period (as defined in the Fourth Forbearance Agreement);
     WHEREAS, the terms of the Fourth Forbearance Agreement provide that the Fourth Forbearance Agreement shall expire on December 1, 2009; and
     WHEREAS, the Makers have requested, subject to the terms and conditions set forth herein, that the Agent and the Forbearing Holders by execution of this Agreement agree to forbear, during the Forbearance Period set forth in this Agreement, from exercising the rights and remedies available to them as a direct result of the occurrence of the Designated Event of Default, and the Agent and the Forbearing

 


 

Holders have agreed to such forbearance, solely during the Forbearance Period set forth in this Agreement and subject to the terms and conditions set forth herein;
     NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto hereby agree as follows:
     SECTION 1. Defined Terms.
     (a) As used in this Agreement, the following terms shall have the meanings set forth below:
     (i) “Company” shall mean American HomePatient, Inc., a Delaware corporation.
     (ii) “Designated Event of Default” shall mean the Event of Default that arose on August 1, 2009 from the failure of the Makers to pay the outstanding principal balance of the Note on the Maturity Date (it being understood and agreed that any accrued and unpaid interest, including, without limitation, unpaid interest accrued after the Maturity Date, must be paid monthly in arrears on the first calendar day of each month and the failure to pay such interest is not a Designated Event of Default).
     (iii) “First Forbearance Agreement” shall mean that certain Forbearance Agreement dated as of July 2, 2009.
     (iv) “Forbearance Period” shall mean the period (i) commencing on and including the Agreement Effective Date (as defined below) and (ii) continuing through and including the date that is the earlier to occur of (x) December 15, 2009 and (y) the date of occurrence of a Termination Event.
     (v) “Fourth Forbearance Agreement” shall mean that certain Fourth Forbearance Agreement dated as of October 30, 2009.
     (vi) “Second Forbearance Agreement” shall mean that certain Second Forbearance agreement dated as of August 31, 2009.
     (vii) “Termination Event” shall mean the occurrence of an Event of Default under the Note, other than the Designated Event of Default.
     (viii) “Third Forbearance Agreement” shall mean that certain Third Forbearance Agreement dated as of October 1, 2009.
     (b) Unless otherwise defined above or elsewhere in this Agreement, capitalized terms used herein shall have the meanings assigned to such terms in the Note.
     SECTION 2. Forbearance; Termination; Reservation of Rights.
     (a) Upon the terms and conditions set forth in this Agreement, and so long as no Termination Event shall have occurred, the Agent and the Forbearing Holders hereby agree to forbear, solely for the duration of the Forbearance Period, from exercising the rights and remedies available to them as a direct result of the occurrence of the Designated Event of Default.

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     (b) Upon the expiration of the Forbearance Period, the agreement of the Agent and the Forbearing Holders hereunder to forbear from exercising their respective rights and remedies during the Forbearance Period shall immediately terminate without the requirement of any demand, presentment, protest, or notice of any kind, all of which the Makers hereby unconditionally and irrevocably waive and all of which rights and remedies are fully reserved by the Agent and the Forbearing Holders. Each of the Makers agrees that any or all of the Agent or the Forbearing Holders may at any time thereafter proceed to exercise any and all of their respective rights and remedies under the Note, any other document related thereto and/or applicable law, including, without limitation, their respective rights and remedies with respect to the Designated Event of Default, none of which rights or remedies or Designated Event of Default is or shall be deemed to be waived in any respect.
     SECTION 3. Conditions to Effectiveness. This Agreement shall become effective as of the first date (the “Agreement Effective Date”) upon which the Agent shall have received duly executed counterparts hereof that, when taken together, bear the authorized signatures of the Makers, the Agent and the Forbearing Holders. The Agent shall notify the Makers and the Forbearing Holders of the date of the Agreement Effective Date, and such notice shall be conclusive and binding.
     SECTION 4. Representations and Warranties. The Makers hereby represent and warrant to the Agent and each of the Forbearing Holders that:
     (a) This Agreement has been duly executed and delivered by each of the Makers and constitutes a legal, valid and binding obligation of each of the Makers, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.
     (b) As of the Agreement Effective Date, no Event of Default (excepting the Designated Event of Default) under the Note has occurred and is continuing.
     (c) The Makers that are signatories to this Agreement comprise all of the original Makers (as defined in the Note) that were parties to the Note that are in existence as of the date hereof. Any original Maker (as defined in the Note) that is not a signatory to this Agreement is no longer in existence as of the date hereof and has been merged into a Maker that is a signatory to this Agreement, and all of such original Maker’s assets and liabilities have been assumed by the Maker that is a signatory to this Agreement.
     SECTION 5. No Implied Waiver. Except as expressly set forth herein, this Agreement shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Agent and the Forbearing Holders under the Note or any other document related thereto, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Note or any other document related thereto, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle any Maker to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Note or any other document related thereto in similar or different circumstances.
     SECTION 6. APPLICABLE LAW. THIS AGREEMENT SHALL BE CONSTRUED AND ENFORCEABLE IN ACCORDANCE WITH THE LAWS OF THE STATE OF TENNESSEE.
     SECTION 7. Counterparts. This Agreement may be executed in any number of counterparts, each of which when so executed shall constitute an original but all of which, when taken together, shall constitute a single instrument. Delivery of an executed counterpart of a signature page to this Agreement

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by telecopy or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof.
     SECTION 8. Entire Agreement. This Agreement sets forth the entire understanding and agreement of the parties hereto in relation to the subject matter hereof and supersedes any prior negotiations and agreements among the parties relative to such subject matter.
     SECTION 9. Section Headings. Section headings in this Agreement are included herein for convenience of reference only and shall not constitute part of this Agreement for any other purpose.
     SECTION 10. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of each of the Makers, the Forbearing Holders, the Agent and their respective successors and assigns; provided, that no Maker shall be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Agent in its sole discretion.
     SECTION 11. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law; but if any provision of this Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement.
     SECTION 12. Tolling of Statutes of Limitations. The parties hereto agree that the running of all statutes of limitation or doctrine of laches applicable to all claims or causes of action that any Forbearing Holder or the Agent may be entitled to take or bring in order to enforce its rights and remedies against any Maker shall be, to the fullest extent permitted by law, tolled and suspended during the Forbearance Period.
[Remainder of this page intentionally left blank.]

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     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the date first above written.
         
  Makers:

AMERICAN HOMEPATIENT, INC.,
a Delaware corporation
 
 
  By:   /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AMERICAN HOMEPATIENT, INC.,
a Tennessee corporation
 
 
  By:   /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
  DESIGNATED COMPANIES, INC.
 
 
  By:   /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AMERICAN HOMEPATIENT OF NEW YORK, INC.
 
 
  By:   /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  THE NATIONAL MEDICAL RENTALS, INC.
 
 
  By:   /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  AMERICAN HOMEPATIENT OF TEXAS, L.P.,
a Texas limited partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
     
     /s/Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AHP, L.P.,
a Tennessee limited partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
       
     /s/Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
       
  AHP HOME MEDICAL EQUIPMENT
PARTNERSHIP OF TEXAS,
a Texas general partnership
 
 
  By:   AHP, L.P.,    
    a general partner   
         
  By:   AMERICAN HOMEPATIENT, INC.,    
      its General partner  
     
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
    
         
     
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., a general partner   
       
     /s/Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  COLORADO HOME MEDICAL EQUIPMENT
ALLIANCE, LLC,
a Colorado limited liability company
 
 
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its sole member   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  NORTHEAST PENNSYLVANIA ALLIANCE, LLC,
a Pennsylvania limited liability company
 
 
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its sole member   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  NORTHWEST WASHINGTON ALLIANCE, LLC,
a Washington limited liability company
 
 
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its sole member   
     
    /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AHP HOME CARE ALLIANCE OF TENNESSEE,
a Tennessee general partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
     
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AHP ALLIANCE OF COLUMBIA,
a South Carolina general partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
     
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AHP KNOXVILLE PARTNERSHIP,
a Tennessee general partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
     
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  AHP HOME CARE ALLIANCE OF GAINESVILLE,
a Florida general partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton  
    Title:   Executive Vice President & Chief Financial Officer   
 
     
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton  
    Title:   Executive Vice President & Chief Financial Officer   
 
         
  AHP HOME CARE ALLIANCE OF VIRGINIA,
a Virginia general partnership
 
 
  By:   AMERICAN HOMEPATIENT, INC.,    
    its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
     
  By:   AMERICAN HOMEPATIENT VENTURES,    
    INC., its general partner   
       
     /s/ Stephen L. Clanton    
    Name:   Stephen L. Clanton   
    Title:   Executive Vice President & Chief Financial Officer   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  NEXBANK, SSB,
as Agent
 
 
  By:   /s/ Jeff Scott    
    Name:   Jeff Scott   
    Title:   Vice President   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  ABERDEEN LOAN FUNDING, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  BRENTWOOD CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  EMERALD ORCHARD LIMITED
 
 
  By:   /s/ Shehzeen Ahmed    
    Name:   Shehzeen Ahmed   
    Title:   Authorized Signatory   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  GLENEAGLES CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  EASTLAND CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  GRAYSON CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
 
     
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
 
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  GREENBRIAR CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
 
     
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
 
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  HIGHLAND LOAN FUNDING V, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
       
     
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  HIGHLAND RESTORATION CAPITAL PARTNERS, L.P.  
 
  By:   HIGHLAND RESTORATION CAPITAL PARTNERS GP, LLC IT’S GENERAL PARTNER    
 
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  HIGHLAND RESTORATION CAPITAL PARTNERS,
MASTER L.P.

 
 
  By: HIGHLAND RESTORATION CAPITAL PARTNERS GP, LLC, IT’S GENERAL PARTNER

 
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  JASPER CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
 
     
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
 
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  LIBERTY CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
       
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
       
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  LOAN FUNDING IV, LLC
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  LOAN FUNDING VII, LLC
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  LONGHORN CREDIT FUNDING, LLC
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  PAM CAPITAL FUNDING, LP
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  PAMCO CAYMAN LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Michael Pusateri    
    Name:   Michael Pusateri   
    Title:   Chief Operating Officer   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  RED RIVER CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  ROCKWALL CDO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  ROCKWALL CDO II, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,    
    as Collateral Manager   
       
     
  By:   STRAND ADVISORS, INC.,    
    its General Partner   
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  SOUTHFORK CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
       
       
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  STRATFORD CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
       
       
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
       
       
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

         
  WESTCHESTER CLO, LIMITED
 
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager  
 
       
     
  By:   STRAND ADVISORS, INC.,
its General Partner  
 
       
     
     /s/ Jason Post    
    Name:   Jason Post   
    Title:   Operations Director   
 
Signature Page to Fifth Forbearance Agreement

 


 

SCHEDULE I
Forbearing Holders
Aberdeen Loan Funding, Limited
Brentwood CLO, Limited
Eastland CLO, Limited
Emerald Orchard Limited
Gleneagles CLO, Limited
Grayson CLO, Limited
Greenbriar CLO, Limited
Highland Loan Funding V, Limited
Highland Restoration Capital Partners, L.P.
Highland Restoration Capital Partners Master, L.P.
Jasper CLO, Limited
Liberty CLO, Limited
Loan Funding IV, LLC
Loan Funding VII, LLC
Longhorn Credit Funding, LLC
Pam Capital Funding, LP
Pamco Cayman Limited
Red River CLO, Limited
Rockwall CDO, Limited
Rockwall CDO II, Limited
Southfork CLO, Limited
Stratford CLO, Limited
Westchester CLO, Limited