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JAH > SEC Filings for JAH > Form 8-K on 8-Jul-2009All Recent SEC Filings

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Form 8-K for JARDEN CORP


8-Jul-2009

Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation


Item 1.01 Entry into a Material Definitive Agreement.

On July 2, 2009, Jarden Corporation (the "Company") entered into a renewal of its receivables securitization facility extending the facility until July 1, 2010. The renewed facility incorporates certain financial covenants and a change of control covenant that are substantially identical to those existing under the Company's senior credit facility, and is otherwise on substantially the same terms as the previous facility.

A copy of the amendment renewing the facility is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference as though fully set forth herein. The foregoing summary description of the amendment is not intended to be complete and is qualified in its entirety by the complete text of the amendment.



Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

Please see the discussion in "Item 1.01. Entry into a Material Definitive Agreement" of this Form 8-K which discussion is incorporated herein by this reference.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.      Description
10.1             Amendment No. 4 to the Amended and Restated Loan Agreement, dated
                 as of July 2, 2009, by and among Jarden Receivables LLC, as
                 borrower, Jarden Corporation, as initial servicer, Three Pillars
                 Funding LLC, as lender and SunTrust Robinson Humphrey, Inc, as
                 administrator.


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