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| PLI > SEC Filings for PLI > Form 8-K on 10-Jun-2009 | All Recent SEC Filings |
10-Jun-2009
Entry into a Material Definitive Agreement, Financial Statements an
On June 9, 2009, Proliance International, Inc. (the "Company") entered into the
Thirty-Fourth Amendment (the "Thirty-Fourth Amendment") of the Credit and
Guaranty Agreement (as amended prior to June 9, 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 Thirty-Fourth Amendment, and upon the terms and subject to the
conditions thereof, the Waiver Reserve expiration due to occur on June 9, 2009
was extended until June 15, 2009. In addition, the Forbearance, granted in the
Twenty-Second Amendment, which was due to expire on June 9, 2009, was extended
until June 15, 2009.
The foregoing description of the Thirty-Fourth Amendment does not purport to be
complete and is qualified in its entirety by reference to the Thirty-Fourth
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.
(d) Exhibits.
The following exhibit is attached to this Current Report on Form 8-K:
10.1 Thirty-Fourth Amendment to Credit Agreement dated June 9, 2009.
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