EXPM:EGRGF - Post by User
Comment by
freedom-1970on Jan 02, 2019 7:03pm
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Post# 29179470
RE:RE:RE:Update is out
RE:RE:RE:Update is out Under the Forbearance Agreement, the Lenders have agreed to forbear from exercising their rights and remedies arising if Eagle fails to meet any of its financial covenants as of December 31, 2018 until January 31, 2019 (the "Forbearance Period") so long as no termination event has occurred during the Forbearance Period.
I read it different, i am no lawyer but to me this SAY'S YOU HAVE 1 YEAR TO CLEAN UP THE CONDITIONS?