Item 1.01 Entry into a Material Definitive Agreement.
On
The minimum Consolidated Fixed Charge Coverage Ratio calculation for the
? Measurement Period ending on
to 1.00:1.00.
The Company is permitted to declare cash dividends and distributions so long as
(i) after giving effect to any such dividend or distribution, Loan Parties are
in compliance with a new Consolidated Dividend Adjusted Fixed Charge Coverage
? Ratio of 1.20:1.00 and (ii) any such cash dividends or other distributions must
be paid in the same fiscal quarter in which they are declared. Notwithstanding
the foregoing restriction, the Company may, following the Seventh Amendment
effective date, declare and make a dividend payment in an amount not to exceed
Credit facility terms not amended by the Seventh Amendment are described in the
Company's Form 10-K for the year ended
The foregoing is a summary of the material terms and conditions of the Credit
Agreement and not a complete discussion of the document. Accordingly, the
foregoing is qualified in its entirety by reference to the full text of the
Seventh Amendment to Credit Agreement, a copy of which is filed as Exhibit 10.1
to this Form 8-K, and the full text of the Credit Agreement and subsequent
amendments, copies of which are on file with the
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information included in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
10.1 Seventh Amendment to Credit Agreement datedNovember 1, 2022 . 104 Cover Page Interactive Data File (formatted as inline XBRL). 2
© Edgar Online, source