FORBEARANCE AGREEMENT AND THIRD AMENDMENT TO CREDIT AGREEMENTForbearance Agreement and Third • June 21st, 2022 • Digerati Technologies, Inc. • Services-computer processing & data preparation • New York
This Forbearance Agreement and Third Amendment to Credit Agreement dated as of June 13, 2022 (this “Agreement”), is by and among T3 COMMUNICATIONS, INC., a Nevada corporation (the “Company”), T3 COMMUNICATIONS, INC., a Florida corporation (“T3FL”), SHIFT8 NETWORKS, INC., a Texas Corporation (“Shift8”), NEXOGY, INC., a Florida corporation, NEXT LEVEL INTERNET, INC. a California corporation (“Next Level”; Next Level, Nexogy, T3FL and Shift8 are each referred to herein individually as a “Guarantor” and collectively as the “Guarantors”; the Company and the Guarantors are each referred to herein individually as a “Loan Party” and collectively as the “Loan Parties”), the Lenders party hereto, and POST ROAD ADMINISTRATIVE LLC, a Delaware limited liability company, as administrative agent for the Lenders (together with its successors and assigns in such capacity, the “Administrative Agent”).
