EXHIBIT10.1 Formof the Third Amendment to Forbearance Agreement dated March 10,2009 THIRD AMENDMENT TOFORBEARANCE AGREEMENT

EX-10.1 2 body_ex10-1.htm LD_EXHIBIT 10.1 031309 body_ex10-1.htm


EXHIBIT 10.1
Form of the Third Amendment to Forbearance Agreement dated March 10, 2009


 
 
 

THIRD AMENDMENT TO FORBEARANCE AGREEMENT
 
This THIRD AMENDMENT, dated as of March 10, 2009 (this “Third Amendment”) by and among Lazy Days’ R.V. Center, Inc., a Florida corporation (the “Issuer”), The Bank of New York, a New York banking corporation as indenture trustee (the “Trustee”), and the Noteholder signatory hereto (the “Noteholder”), a holder of the Issuer’s unsecured 11.75% Senior Notes due May 15, 2012, amends and supplements the Forbearance Agreement originally dated December 12, 2008, as amended on January 12, 2009, and as amended on February 16, 2009 (the “Forbearance Agreement”).  Capitalized terms used herein have the meanings assigned in the Forbearance Agreement unless otherwise defined herein.
 
W I T N E S S E T H
 
WHEREAS, the parties to the Forbearance Agreement desire to extend the term of the Forbearance Period.
 
NOW, THEREFORE, for and in consideration of the premises and the mutual covenants and agreements herein contained, the Issuer, the Trustee and the Noteholder hereby agree as follows:
 
1. The Noteholder agrees that the reference to March 2, 2009 in Section 1(b) of the Forbearance Agreement shall hereby be replaced by March 16, 2009.
 
2. This Amendment may be signed in counterparts, each of which, when taken together, shall be deemed an original.  Execution of this Amendment is effective if a signature is delivered by facsimile transmission or electronic (e.g. “pdf”) transmission.
 
3. Except as expressly set forth herein, this Amendment shall not by implication or otherwise alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Forbearance Agreement, all of which shall remain in full force and effect.
 

 
 
 

IN WITNESS WHEREOF, the Issuer, the Trustee and the Noteholder have caused this Amendment to be duly executed and delivered as of the date first written above.
 
LAZY DAYS R.V. CENTER, INC.
 
By:___________________________
 
Name:
Title:

 
THE BANK OF NEW YORK
 
By:____________________________
 
Name:
 
Title:
 

 
 
 

NOTEHOLDER
 
By: ______________________
 
Name:
 
Title:
 
Address:
 
Attn:
 
Tel:
 
Fax:
 
Email:
 
Principal Amount of Senior Notes Held:
 
Date: