Item 1.01 Entry into a Material Definitive Agreement.
On April 21, 2009, Proliance International, Inc. (the "Company") entered into the Twenty-Seventh Amendment (the "Twenty-Seventh Amendment") of the Credit and Guaranty Agreement (as amended prior to April 21, 2009, the "Agreement") by and among the Company and certain domestic subsidiaries of the Company, as guarantors, the lenders party thereto from time to time (collectively, the "Lenders"), Silver Point Finance, LLC ("Silver Point"), as administrative agent for the Lenders, collateral agent and as lead arranger, and Wells Fargo Foothill, LLC ("Wells Fargo"), as a lender and borrowing base agent for the Lenders.
Pursuant to the Twenty-Seventh Amendment, and upon the terms and subject to the conditions thereof, the Waiver Reserve reduction to $0 was extended from April 21, 2009 to April 28, 2009.
The foregoing description of the Twenty-Seventh Amendment does not purport to be complete and is qualified in its entirety by reference to the Twenty-Seventh Amendment, a copy of which is filed as Exhibit 10.1 hereto, and incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is attached to this Current Report on Form 8-K:

10.1 Twenty-Seventh Amendment to Credit Agreement dated April 21, 2009.

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