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| CNMD > SEC Filings for CNMD > Form 8-K on 30-Oct-2009 | All Recent SEC Filings |
30-Oct-2009
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
On October 30, 2009, CONMED Corporation (the "Registrant") and its subsidiary,
CONMED Receivables Corporation, entered into the fifth amendment (the "Amendment
to the Amended and Restated Receivables Purchase Agreement") dated as of October
23, 2003 among CONMED Receivables Corporation, the Registrant and Bank of
America, N.A., which is Exhibit 10.22 to the Company's Annual Report on Form
10-K for the year ended December 31, 2008. The Amendment, among other matters,
(1) decreased the purchaser commitment from $50.0 million to $40.0 million and
(2) extended the commitment termination date for the receivables securitization
from October 31, 2009 until October 29, 2010.
Bank of America, N.A., as the purchaser under the Receivables Purchase Agreement, and its affiliates, have in the past provided, and may in the future provide, investment banking, underwriting, lending, commercial banking and other advisory services to the Registrant and its subsidiaries. Bank of America, N.A. has received, and may in the future receive, customary compensation from the Registrant and its subsidiaries for such services.
The foregoing description of the Receivables Purchase Agreement and related matters is qualified in its entirety by reference to the Receivables Purchase Agreement, which will be filed as Exhibit 10.1 hereto and incorporated herein by reference.
(c) Exhibits
The following exhibit is included herewith:
Exhibit No. Description of Exhibit
10.1 Omnibus Amendment No. 5 to the Amended and Restated Receivables Purchase Agreement dated October 30, 2009.
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