As previously announced, subject to certain conditions which the Company has or currently believes it will satisfy, the senior lender has agreed to forebear
from taking any immediate action under the rights and remedies afforded to it in the credit agreement and related documents until February 20, 2004.
Take the gentle gentleman on the overleaf (The Ancestor, 2001): Does his painted forebear
loom heavy at his shoulder?
This delay represents for Falco a genealogical "back formation": Spenser had to wait several years after Sidney's death to create him as his own forebear
- one whom he both praised in "Astrophel" (1595) and criticized for wasting his talents (and life) in military action.
Canadian Branch, that the lender will forebear
from taking any immediate action against the Company, under the rights and remedies afforded to it in the credit agreement and related documents, until February 20, 2004, subject to certain conditions which the Company currently believes it will satisfy.
The Baucus-Brownback letter urges the FCC to forebear
from enforcement of the Commission's Phase II E911 accuracy standards in rural areas until it develops a rural-oriented accuracy measurement standard.
Today TLC honors its forebear
with a six-hour marathon of ``Changing Rooms,'' followed at 9 p.
The principal terms of the Forbearance Agreement are as follows: (1) Smithfield will forebear
from exercising any of its rights or remedies until June 18, 2003 (2) The Company is required to pay Smithfield $13.
The Waiver and Forbearance Agreement (i) waives the events of default that would have arisen under the Credit Facility as a result of the failure by the Company to satisfy certain of the financial covenants contained in the Credit Facility as of the end of the Company's fiscal quarter ended May 3, 2003, and certain other specified defaults, (ii) states that the lenders under the Credit Facility will forebear
from taking any action under the Credit Facility as a result of such defaults and (iii) permits Penn Traffic to borrow, repay and reborrow under the Credit Facility through and including May 9, 2003, subject to certain restrictions, including additional restrictions on borrowing availability under the Credit Facility.
Under the terms of the extension, the Senior Noteholders have agreed to forebear
from exercising any rights and remedies they have against the Company related to the previously reported events of technical default under the Senior Note Agreements, until December 2, 2002.
The bank has agreed to forebear
from exercising its rights under the loan agreement, subject to certain conditions, including that the remaining amount outstanding under the loan be repaid, in installments, by December 15, 1999.
As previously reported, because of its failure to make payments to NationsBank due in July and failure to comply with certain conditions and representations in the related loan documents, NationsBank demanded that the Company cure all defaults under the loans but agreed to forebear
from exercising its rights and remedies for an indefinite period of time.
WorldCom and First Bank had previously agreed to forebear
Not surprisingly, George Clinton is G-Funk's forebear
of choice; his intergalactic freakiness is preferred to James Brown's tell-it-like-it-is soul realism, which presided over New School hip-hop.
Barclays has agreed to forebear
from taking any further steps to recover debt payment from Readyfoods Ltd.
One thing's for sure, though: ``The Prince of Egypt'' is infinitely classier than its closest cinematic forebear
, Cecil B.