Examples of Fourth Amendment to Forbearance Agreement in a sentence
Failure to provide sample in time shall lead to disqualification.
In addition, from and after the date of the Fourth Amendment to Forbearance Agreement, Lilis shall cause all revenues attributable to proceeds of production from its Oil and Gas Properties to be deposited into the Lilis Operating Account.
The cost of all JAMS’ mediation fees shall be paid by the Company.
Fourth Amendment to Forbearance Agreement (Independent Bank) Executed and agreed for purposes of being bound by the provisions of the foregoing Amendment which pertain to Lilis Energy, Inc.: LILIS ENERGY, INC.
On or about November 30, 2009, Lender, Borrowers, Guarantor and Assignee entered into a Fourth Amendment to Forbearance Agreement dated as of November 30, 2009 (the "Fourth Amendment"; and together with the First Amendment, Second Amendment and Third Amendment, the "Prior Amendments").
The Borrower and the Lender have previously entered into a Forbearance Agreement dated as of July 2, 2010, a First Amendment to Forbearance Agreement dated December 31, 2010, a Second Amendment to Forbearance Agreement dated March 1, 2011, a Third Amendment to Forbearance Agreement dated April 27, 2011, and a Fourth Amendment to Forbearance Agreement dated June 30, 2011 (collectively, the “Forbearance Agreement”), which provided for a forbearance period which expires on or before August 1, 2011.
It is the intention of the Parties to enter into this Fourth Amendment to Forbearance Agreement, incorporating all of the recitals, representations and agreements of the Prior Forbearance Agreements, as if fully set forth herein, except as expressly set forth below.
As a result, the Obligors requested that the Agent and Lenders waive US Borrower’s failure to meet the required minimum Liquidity for the period ended December 31, 2021.Accordingly, the Obligors, Lenders and Agent entered into a Fourth Amendment to Forbearance Agreement dated February 4, 2022 (the “Fourth Amendment”).
On July 10, 2020, the parties entered into the Fourth Amendment to Forbearance Agreement, Limited Waiver, and Fifth Amendment to Amended and Restated Credit Agreement, extending the forbearance period through July 13, 2020.
Fourth Amendment to Forbearance Agreement (Independent Bank) LENDER: INDEPENDENT BANK By: /s/Jxxx X.