EXHIBIT 10.2
EIGHTH FORBEARANCE AGREEMENT
     This EIGHTH FORBEARANCE AGREEMENT, dated as of February 12, 2010 (this
“Agreement”), is entered into by and among American HomePatient, Inc., a
Delaware corporation, American HomePatient, Inc., a Tennessee corporation,
Designated Companies, Inc., American HomePatient of New York, Inc., The National
Medical Rentals, Inc., American HomePatient of Texas, L.P., AHP, L.P., AHP Home
Medical Equipment Partnership of Texas, Colorado Home Medical Equipment
Alliance, LLC, Northeast Pennsylvania Alliance, LLC, Northwest Washington
Alliance, LLC, AHP Home Care Alliance of Tennessee, AHP Alliance of Columbia,
AHP Knoxville Partnership, AHP Home Care Alliance of Gainesville, AHP Home Care
Alliance of Virginia (collectively, the “Makers”), NexBank, SSB (as successor in
interest to Heritage Bank, SSB, the “Agent”) and those certain entities
appearing on Schedule I attached hereto (collectively, the “Forbearing
Holders”).
WITNESSETH:
     WHEREAS, the Makers have executed and delivered in favor of the Agent, on
behalf of the holders thereof, a Secured Promissory Note, dated as of July 1,
2003, in the principal amount of $250,000,000 (such note, as may be amended,
restated, supplemented, or otherwise modified from time to time, the “Note”);
     WHEREAS, as of the date hereof, the Makers acknowledge that the Event of
Default under the Note defined herein as the “Designated Event of Default” has
occurred and is continuing;
     WHEREAS, pursuant to the terms of that certain First Forbearance Agreement
(as defined below) the Forbearing Holders (as defined in the First Forbearance
Agreement) agreed to forbear from exercising remedies during the Forbearance
Period (as defined in the First Forbearance Agreement);
     WHEREAS, the First Forbearance Agreement expired per its terms on
September 1, 2009;
     WHEREAS, pursuant to the terms of that certain Second Forbearance Agreement
(as defined below) the Forbearing Holders (as defined in the Second Forbearance
Agreement) agreed to forbear from exercising remedies during the Forbearance
Period (as defined in the Second Forbearance Agreement);
     WHEREAS, the Second Forbearance Agreement expired per its terms on
October 1, 2009;
     WHEREAS, pursuant to the terms of that certain Third Forbearance Agreement
(as defined below) the Forbearing Holders (as defined in the Third Forbearance
Agreement) agreed to forbear from exercising remedies during the Forbearance
Period (as defined in the Third Forbearance Agreement);
     WHEREAS, the Third Forbearance Agreement expired per its terms on
November 1, 2009;
     WHEREAS, pursuant to the terms of that certain Fourth Forbearance Agreement
(as defined below) the Forbearing Holders (as defined in the Fourth Forbearance
Agreement) agreed to forbear from exercising remedies during the Forbearance
Period (as defined in the Fourth Forbearance Agreement);
     WHEREAS, the Fourth Forbearance Agreement expired per its terms on
December 1, 2009;
     WHEREAS, pursuant to the terms of that certain Fifth Forbearance Agreement
(as defined below) the Forbearing Holders (as defined in the Fifth Forbearance
Agreement) agreed to forbear from exercising remedies during the Forbearance
Period (as defined in the Fifth Forbearance Agreement);

 

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     WHEREAS, the Fifth Forbearance Agreement expired per its terms on
December 15, 2009;
     WHEREAS, pursuant to the terms of that certain Sixth Forbearance Agreement
(as defined below) the Forbearing Holders (as defined in the Sixth Forbearance
Agreement) agreed to forbear from exercising remedies during the Forbearance
Period (as defined in the Sixth Forbearance Agreement);
     WHEREAS, the Sixth Forbearance Agreement expired per its terms on
January 15, 2010;
     WHEREAS, pursuant to the terms of that certain Seventh Forbearance
Agreement (as defined below) the Forbearing Holders (as defined in the Seventh
Forbearance Agreement) agreed to forbear from exercising remedies during the
Forbearance Period (as defined in the Seventh Forbearance Agreement);
     WHEREAS, the terms of the Seventh Forbearance Agreement provide that the
Seventh Forbearance Agreement shall expire on February 15, 2010; and
     WHEREAS, the Makers have requested, subject to the terms and conditions set
forth herein, that the Agent and the Forbearing Holders by execution of this
Agreement agree to forbear, during the Forbearance Period set forth in this
Agreement, from exercising the rights and remedies available to them as a direct
result of the occurrence of the Designated Event of Default, and the Agent and
the Forbearing Holders have agreed to such forbearance, solely during the
Forbearance Period set forth in this Agreement and subject to the terms and
conditions set forth herein;
     NOW, THEREFORE, in consideration of the mutual agreements herein contained
and other good and valuable consideration, the sufficiency and receipt of which
are hereby acknowledged, the parties hereto hereby agree as follows:
     SECTION 1. Defined Terms.
     (a) As used in this Agreement, the following terms shall have the meanings
set forth below:
     (i) “Company” shall mean American HomePatient, Inc., a Delaware
corporation.
     (ii) “Designated Event of Default” shall mean the Event of Default that
arose on August 1, 2009 from the failure of the Makers to pay the outstanding
principal balance of the Note on the Maturity Date (it being understood and
agreed that any accrued and unpaid interest, including, without limitation,
unpaid interest accrued after the Maturity Date, must be paid monthly in arrears
on the first calendar day of each month and the failure to pay such interest is
not a Designated Event of Default).
     (iii) “Fifth Forbearance Agreement” shall mean that certain Fifth
Forbearance Agreement dated as of November 30, 2009.
     (iv) “First Forbearance Agreement” shall mean that certain Forbearance
Agreement dated as of July 2, 2009.
     (v) “Forbearance Period” shall mean the period (i) commencing on and
including the Agreement Effective Date (as defined below) and (ii) continuing
through and including the date that is the earlier to occur of (x) March 15,2010
and (y) the date of occurrence of a Termination Event.

 

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     (vi) “Fourth Forbearance Agreement” shall mean that certain Fourth
Forbearance Agreement dated as of October 30, 2009.
     (vii) “Second Forbearance Agreement” shall mean that certain Second
Forbearance Agreement dated as of August 31, 2009.
     (viii) “Seventh Forbearance Agreement” shall mean that certain Seventh
Forbearance Agreement dated as of January 14, 2010.
     (ix) “Sixth Forbearance Agreement” shall mean that certain Sixth
Forbearance Agreement dated as of December 15, 2009.
     (x) “Termination Event” shall mean the occurrence of an Event of Default
under the Note, other than the Designated Event of Default, or a default under
Section 3 of this Agreement.
     (xi) “Third Forbearance Agreement” shall mean that certain Third
Forbearance Agreement dated as of October 1, 2009.
     (b) Unless otherwise defined above or elsewhere in this Agreement,
capitalized terms used herein shall have the meanings assigned to such terms in
the Note.
     SECTION 2 Forbearance; Termination; Reservation of Rights.
     (a) Upon the terms and conditions set forth in this Agreement, and so long
as no Termination Event shall have occurred, the Agent and the Forbearing
Holders hereby agree to forbear, solely for the duration of the Forbearance
Period, from exercising the rights and remedies available to them as a direct
result of the occurrence of the Designated Event of Default.
     (b) Upon the expiration of the Forbearance Period, the agreement of the
Agent and the Forbearing Holders hereunder to forbear from exercising their
respective rights and remedies during the Forbearance Period shall immediately
terminate without the requirement of any demand, presentment, protest, or notice
of any kind, all of which the Makers hereby unconditionally and irrevocably
waive and all of which rights and remedies are fully reserved by the Agent and
the Forbearing Holders. Each of the Makers agrees that any or all of the Agent
or the Forbearing Holders may at any time thereafter proceed to exercise any and
all of their respective rights and remedies under the Note, any other document
related thereto and/or applicable law, including, without limitation, their
respective rights and remedies with respect to the Designated Event of Default,
none of which rights or remedies or Designated Event of Default is or shall be
deemed to be waived in any respect.
     SECTION 3. Additional Agreements During Forbearance Period. The Makers
hereby agree to not make or cause to be made, without the prior written consent
of a majority in interest of the Forbearing Holders, any special payments,
success payments or fees, bonuses or any similar payments to any consultants,
financial advisors, investment bankers, attorneys, accountants or other advisors
or professionals during the Forbearance Period. For the avoidance of doubt, this
Section 3 shall not prohibit the payment of any regular, standard or hourly fees
to any advisors to the Company. Any default under Section 3 of this Agreement
shall constitute a Termination Event under this Agreement.
     SECTION 4. Conditions to Effectiveness. This Agreement shall become
effective as of the first date (the “Agreement Effective Date”) upon which the
Agent shall have received duly executed counterparts hereof that, when taken
together, bear the authorized signatures of the Makers, the Agent and

 

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the Forbearing Holders. The Agent shall notify the Makers and the Forbearing
Holders of the date of the Agreement Effective Date, and such notice shall be
conclusive and binding.
     SECTION 5. Representations and Warranties. The Makers hereby represent and
warrant to the Agent and each of the Forbearing Holders that:
     (a) This Agreement has been duly executed and delivered by each of the
Makers and constitutes a legal, valid and binding obligation of each of the
Makers, enforceable in accordance with its terms, subject to applicable
bankruptcy, insolvency, reorganization, moratorium or other laws affecting
creditors’ rights generally and subject to general principles of equity,
regardless of whether considered in a proceeding in equity or at law.
     (b) As of the Agreement Effective Date, no Event of Default (excepting the
Designated Event of Default) under the Note has occurred and is continuing.
     (c) The Makers that are signatories to this Agreement comprise all of the
original Makers (as defined in the Note) that were parties to the Note that are
in existence as of the date hereof. Any original Maker (as defined in the Note)
that is not a signatory to this Agreement is no longer in existence as of the
date hereof and has been merged into a Maker that is a signatory to this
Agreement, and all of such original Maker’s assets and liabilities have been
assumed by the Maker that is a signatory to this Agreement.
     SECTION 6. No Implied Waiver. Except as expressly set forth herein, this
Agreement shall not by implication or otherwise limit, impair, constitute a
waiver of, or otherwise affect the rights and remedies of the Agent and the
Forbearing Holders under the Note or any other document related thereto, and
shall not alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Note or any
other document related thereto, all of which are ratified and affirmed in all
respects and shall continue in full force and effect. Nothing herein shall be
deemed to entitle any Maker to a consent to, or a waiver, amendment,
modification or other change of, any of the terms, conditions, obligations,
covenants or agreements contained in the Note or any other document related
thereto in similar or different circumstances.
     SECTION 7. APPLICABLE LAW. THIS AGREEMENT SHALL BE CONSTRUED AND
ENFORCEABLE IN ACCORDANCE WITH THE LAWS OF THE STATE OF TENNESSEE.
     SECTION 8. Counterparts. This Agreement may be executed in any number of
counterparts, each of which when so executed shall constitute an original but
all of which, when taken together, shall constitute a single instrument.
Delivery of an executed counterpart of a signature page to this Agreement by
telecopy or other electronic transmission shall be effective as delivery of a
manually executed counterpart hereof.
     SECTION 9. Entire Agreement. This Agreement sets forth the entire
understanding and agreement of the parties hereto in relation to the subject
matter hereof and supersedes any prior negotiations and agreements among the
parties relative to such subject matter.
     SECTION 10. Section Headings. Section headings in this Agreement are
included herein for convenience of reference only and shall not constitute part
of this Agreement for any other purpose.
     SECTION 11. Successors and Assigns. This Agreement shall be binding upon
and inure to the benefit of each of the Makers, the Forbearing Holders, the
Agent and their respective successors and assigns; provided, that no Maker shall
be entitled to delegate any of its duties hereunder and shall not

 

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assign any of its rights or remedies set forth in this Agreement without the
prior written consent of the Agent in its sole discretion.
     SECTION 12. Severability. Whenever possible, each provision of this
Agreement shall be interpreted in such manner as to be effective and valid under
applicable law; but if any provision of this Agreement shall be prohibited by or
invalid under applicable law, such provision shall be ineffective only to the
extent of such prohibition or invalidity, without invalidating the remainder of
such provision or the remaining provisions of this Agreement.
     SECTION 13. Tolling of Statutes of Limitations. The parties hereto agree
that the running of all statutes of limitation or doctrine of laches applicable
to all claims or causes of action that any Forbearing Holder or the Agent may be
entitled to take or bring in order to enforce its rights and remedies against
any Maker shall be, to the fullest extent permitted by law, tolled and suspended
during the Forbearance Period.
[Remainder of this page intentionally left blank.]

 

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     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their respective authorized officers as of the date first above
written.

            Makers:

AMERICAN HOMEPATIENT, INC.,
a Delaware corporation
      By:   /s/ Stephen L. Clanton         Name:   Stephen L. Clanton       
Title:   Executive Vice President & Chief Financial Officer        AMERICAN
HOMEPATIENT, INC.,
a Tennessee corporation
      By:   /s/ Stephen L. Clanton         Name:   Stephen L. Clanton       
Title:   Executive Vice President & Chief Financial Officer        DESIGNATED
COMPANIES, INC.,
      By:   /s/ Stephen L. Clanton         Name:   Stephen L. Clanton       
Title:   Executive Vice President & Chief Financial Officer        AMERICAN
HOMEPATIENT OF NEW YORK INC.,
      By:   /s/ Stephen L. Clanton         Name:   Stephen L. Clanton       
Title:   Executive Vice President & Chief Financial Officer        THE NATIONAL
MEDICAL RENTALS, INC.
      By:   /s/ Stephen L. Clanton         Name:   Stephen L. Clanton       
Title:   Executive Vice President & Chief Financial Officer     

Signature Page to Eighth Forbearance Agreement

 

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                  AMERICAN HOMEPATIENT OF TEXAS, L.P.,
a Texas limited partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                AHP, L.P.,
a Tennessee limited partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                AHP HOME MEDICAL EQUIPMENT
PARTNERSHIP OF TEXAS,
a Texas general partnership,    
 
           
 
  By:   AHP, L.P.,
a general partner    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its General Partner      
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
           
 
  By:   AMERICAN HOMEPATIENT,
VENTURES, INC. a general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    

Signature Page to Eighth Forbearance Agreement

 

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                  COLORADO HOME MEDICAL EQUIPMENT
ALLIANCE, LLC,
a Colorado limited liability company    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its sole member    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                NORTHEAST PENNSYLVANIA ALLIANCE, LLC,
a Pennsylvania limited liability company    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its sole member    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                NORTHWEST WASHINGTON ALLIANCE, LLC,
a Washington limited liability company    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its sole member    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                AHP HOME CARE ALLIANCE OF TENNESSEE,
a Tennessee general partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    

Signature Page to Eighth Forbearance Agreement

 

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                  AHP ALLIANCE OF COLUMBIA,
a South Carolina general partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                AHP KNOXVILLE PARTNERSHIP,
a Tennessee general partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    

Signature Page to Eighth Forbearance Agreement

 

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                  AHP HOME CARE ALLIANCE OF GAINESVILLE,
a Florida general partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
                AHP HOME CARE ALLIANCE OF VIRGINIA,
a Virginia general partnership    
 
           
 
  By:   AMERICAN HOMEPATIENT, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    
 
           
 
  By:   AMERICAN HOMEPATIENT VENTURES, INC.,
its general partner    
 
           
 
      /s/ Stephen L. Clanton    
 
           
 
      Name: Stephen L. Clanton    
 
      Title: Executive Vice President & Chief Financial Officer    

Signature Page to Eighth Forbearance Agreement

 

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            NEXBANK, SSB,
as Agent
      By:   /s/ Jeff Scott         Name:   Jeff Scott        Title:   Vice
President     

Signature Page to Eighth Forbearance Agreement

 

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                  ABERDEEN LOAN FUNDING, LIMITED,    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
Its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  AERIES FINANCE II, LIMITED,    
 
           
 
  By:   PATRIARCH PARTNERS X, LLC,
its Managing Agent    
 
           
 
           
 
      Name:    
 
      Title:    

Signature Page to Eighth Forbearance Agreement

 

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                  BRENTWOOD CLO, LIMITED,    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  EASTLAND CLO, LIMITED,    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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            EMERALD ORCHARD LIMITED,
      By:   /s/ Ifran Ahmed         Name:   Irfan Ahmed        Title:  
Authorized Signatory     

Signature Page to Eighth Forbearance Agreement

 

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            GENERAL ELECTRIC CAPITAL CORPORATION
      By:           Name:           Title:        

Signature Page to Eighth Forbearance Agreement

 

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                  GLENEAGLES CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  GRAYSON CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  GREENBRIAR CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  HIGHLAND LOAN FUNDING V, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  HIGHLAND RESTORATION CAPITAL PARTNERS, L.P.    
 
           
 
  By:   HIGHLAND RESTORATION CAPITAL
PARTNERS GP, LLC,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  HIGHLAND RESTORATION CAPITAL PARTNERS
MASTER, L.P.    
 
           
 
  By:   HIGHLAND RESTORATION CAPITAL
PARTNERS GP, LLC,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  JASPER CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  LIBERTY CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  LOAN FUNDING IV, LLC    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  LOAN FUNDING VII, LLC    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  LONGHORN CREDIT FUNDING, LLC    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  PAM CAPITAL FUNDING, LP    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  PAMCO CAYMAN LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  RED RIVER CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  ROCKWALL CDO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  ROCKWALL CDO II, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  SOUTHFORK CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  STRATFORD CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post    
 
      Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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                  WESTCHESTER CLO, LIMITED    
 
           
 
  By:   HIGHLAND CAPITAL MANAGEMENT, L.P.,
as Collateral Manager    
 
           
 
  By:   STRAND ADVISORS, INC.,
its General Partner    
 
           
 
      /s/ Jason Post    
 
           
 
      Name: Jason Post
Title: Operations Director    

Signature Page to Eighth Forbearance Agreement

 

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SCHEDULE I

Forbearing Holders
Aberdeen Loan Funding, Limited
Brentwood CLO, Limited
Eastland CLO, Limited
Emerald Orchard Limited
Gleneagles CLO, Limited
Grayson CLO, Limited
Greenbriar CLO, Limited
Highland Loan Funding V, Limited
Highland Restoration Capital Partners, L.P.
Highland Restoration Capital Partners Master, L.P.
Jasper CLO, Limited
Liberty CLO, Limited
Loan Funding IV, LLC
Loan Funding VII, LLC
Longhorn Credit Funding, LLC
Pam Capital Funding, LP
Pamco Cayman Limited
Red River CLO, Limited
Rockwall CDO, Limited
Rockwall CDO II, Limited
Southfork CLO, Limited
Stratford CLO, Limited
Westchester CLO, Limited