Technical Amendment Credit Agreement
From time to time, new factors appear and we are not able to predict all these factors. In addition, the entity is not in a position to assess the impact of each of these factors on its business or on the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in the forward-looking statements. Following discussions with TLB`s lenders, which represent the majority of TLB`s outstanding capital (the `Ad Hoc Group`), an agreement was reached to eliminate the risk of default related to non-payment of interest at the end of the additional period and to grant a priority loan instead of receiving interest in cash in respect of interest payments. The participation option is available to all TLB lenders on a pro rata basis.. . . .