Oct. 23 at 10:58 PM
$CODI
"The Third Forbearance Agreement provides that the Company may make Restricted Payments during the Forbearance Period to the extent such Restricted Payments are set forth in the Forbearance Budget and after giving effect thereto and the incurrence of any indebtedness in connection therewith the sum of (i) all cash of the Company on deposit with the Administrative Agent or subject to a qualifying control account, plus (ii) unused borrowing availability, is not less than
$10,000,000; provided, however, that the forgoing is not the exclusive method by which the Company may make Restricted Payments. The Third Forbearance Agreement also requires the Company to deliver (i) the restated audited financials for the fiscal year ended December 31, 2024 and any other fiscal years for which restated financials are prepared, and (ii) the financials for the month ended June 30, 2025, both on or before October 24, 2025, which may be extended by the Administrative Agent for no more than 10 days."
