Skip to main content

Download Form

Forbearance Agreement (Complex) - 6th Ed

Description: This template for a simple forbearance agreement provides that lenders will forbear for a period of time from exercising any of their rights or remedies against borrowers who have defaulted on a loan agreement. This agreement also places additional obligations on the borrowers. For instance, they are required to submit a business plan relating to their ability to repay the loan, and they are required to furnish financial statements and reports to the lenders.
Form Type: Contracts
Practice Area: Banking

Date: Nov 2017
PLI Item #: 236337
Keywords: "borrower"; "lender"; "obligor"; "default"; "loan agreement"; "loan document"; "guarantor"; "designated default"; "business plan"; "forbearance default"; "covenants"; "financial statements"
Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at PLUS@pli.edu.