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| TAXI > SEC Filings for TAXI > Form 8-K on 1-Oct-2009 | All Recent SEC Filings |
1-Oct-2009
Entry into a Material Definitive Agreement, Financial Statements and Exh
On September 30, 2009, Medallion Financial Corp. ("Medallion") entered into an amendment (the "Amendment") to its existing Loan and Security Agreement, dated April 26, 2004 (as previously amended, supplemented or otherwise modified, the "Loan Agreement"), by and between Medallion and Sterling National Bank. Under the terms of the Amendment, the maturity date of the Loan Agreement was extended to May 31, 2010 and the unused line fee was increased. In connection with the Amendment, on September 30, 2009, Medallion executed a Substitute Revolving Credit Note (the "Note"), in favor of Sterling National Bank, for up to $20 million in principal amount.
The foregoing descriptions of the Amendment and the Note are qualified in their entirety by reference to the Amendment and the Note, which are attached as exhibits hereto and are incorporated herein by reference in their entirety.
Exhibit
No. Description
4.1 Substitute Revolving Credit Note, dated as of September 30, 2009, by Medallion Financial Corp., in favor of Sterling National Bank.
10.1 Ninth Amendment to Loan and Security Agreement, dated as of September 30, 2009, by and between Medallion Financial Corp. and Sterling National Bank.
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