Item 1.01 Entry into a Material Definitive Agreement.
On
Pursuant to the Incremental Amendment, the aggregate principal amount of the
revolving credit facility commitments extended to the Borrowers under the Credit
Agreement was increased from
The Company may use the proceeds of the revolving credit loans to provide
working capital and for other general corporate purposes, subject to compliance
with the terms of the Credit Agreement. The Company may repay any borrowings
under the revolving credit facility at any time (without any premium or
penalty), but must repay all borrowings thereunder in no event later than
The foregoing description of the Incremental Amendment is qualified in its entirety by reference to the full text of the Incremental Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 2.02 Results of Operations and Financial Condition.
In connection with the Incremental Amendment, the Company issued a press release
that disclosed that the Company had no outstanding loan borrowings on its
revolving credit facility as of the end of its fiscal year ended
The information in the press release attached as Exhibit 99.1 is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 above is incorporated by reference into this Item 2.03.
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Number Title 10.1 Incremental Amendment to Amended and Restated Credit Agreement, dated as ofJanuary 12, 2021 , by and amongCRA International, Inc. ,CRA International (UK) Limited ,CRA International (Netherlands) B.V. , andCRA International Limited , as the Borrowers,Citizens Bank, N.A. , as Administrative Agent and a 2021 Incremental Revolving Lender, andBank of America, N.A ., as a 2021 Incremental Revolving Lender 99.1 Press release ofCRA International, Inc. datedJanuary 14, 2021 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3
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