LIMITED FORBEARANCE AGREEMENTLimited Forbearance Agreement • November 26th, 2008 • Tvi Corp • Search, detection, navagation, guidance, aeronautical sys • Maryland
THIS LIMITED FORBEARANCE AGREEMENT (this “Agreement”) is made as of November 20, 2008, by and among TVI CORPORATION, a Maryland corporation (“TVI”), CAPA MANUFACTURING CORP., a Maryland corporation (“Capa”), SAFETY TECH INTERNATIONAL, INC., a Maryland corporation (“Safety Tech”), and SIGNATURE SPECIAL EVENT SERVICES, INC., a Maryland corporation (formerly named “TVI Holdings One, Inc.”) (“Signature TVI”), jointly and severally (each of TVI, Capa, Safety Tech, and Signature TVI, a “Borrower”; TVI, Capa, Safety Tech, and Signature TVI, collectively, the “Borrowers”); and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (the “Lender”).
