Common Contracts

2 similar Forbearance Agreement contracts by Franklin Credit Management Corp/De/

Contract
Forbearance Agreement • May 5th, 2020 • Ohio

EX-10.4 7 y73496exv10w4.htm EX-10.4: FIRST AMENDED AND RESTATED TRIBECA FORBEARANCE AGREEMENT Exhibit 10.4 EXECUTION COPY FIRST AMENDED AND RESTATED TRIBECA FORBEARANCE AGREEMENT AND AMENDMENT TO CREDIT AGREEMENTS THIS FIRST AMENDED AND RESTATED TRIBECA FORBEARANCE AGREEMENT AND AMENDMENT TO CREDIT AGREEMENTS (this “Agreement”) is entered into as of the 19th day of December 2008, (the “Forbearance Effective Date”) by and among THE BORROWERS listed on Schedule 1 hereto (each, a “Borrower” and collectively, the “Borrowers”), including without limitation, TRIBECA LENDING CORP., a New York corporation, in its individual capacity (“Tribeca”), and FRANKLIN CREDIT MANAGEMENT CORPORATION, a Delaware corporation, in its capacity as a Guarantor and as servicer (“FCMC”), FRANKLIN CREDIT HOLDING CORPORATION (“Holding”), a Delaware corporation, in its capacity as a Guarantor, and THE HUNTINGTON NATIONAL BANK (“Huntington” or “Lender”). RECITALS: WHEREAS, certain of the Borrowers, Tribeca and Huntin

FIRST AMENDED AND RESTATED TRIBECA FORBEARANCE AGREEMENT AND AMENDMENT TO CREDIT AGREEMENTS
Forbearance Agreement • December 24th, 2008 • Franklin Credit Management Corp/De/ • Finance services • Ohio

THIS FIRST AMENDED AND RESTATED TRIBECA FORBEARANCE AGREEMENT AND AMENDMENT TO CREDIT AGREEMENTS (this “Agreement”) is entered into as of the 19th day of December 2008, (the “Forbearance Effective Date”) by and among THE BORROWERS listed on Schedule 1 hereto (each, a “Borrower” and collectively, the “Borrowers”), including without limitation, TRIBECA LENDING CORP., a New York corporation, in its individual capacity (“Tribeca”), and FRANKLIN CREDIT MANAGEMENT CORPORATION, a Delaware corporation, in its capacity as a Guarantor and as servicer (“FCMC”), FRANKLIN CREDIT HOLDING CORPORATION (“Holding”), a Delaware corporation, in its capacity as a Guarantor, and THE HUNTINGTON NATIONAL BANK (“Huntington” or “Lender”).