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Quotes & Info
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| NSYS > SEC Filings for NSYS > Form 8-K on 7-May-2012 | All Recent SEC Filings |
7-May-2012
Entry into a Material Definitive Agreement
(a) On May 2, 2012, the Registrant entered into the fourth amendment to the third amended and restated credit agreement with Wells Fargo Bank, National Association ("Wells Fargo"), which provides a $13.5 million line of credit through May 31, 2015. The credit agreement also has a $1.8 million real estate term note with a maturity date of March 31, 2027 which replaces the $0.9 million real estate term note that was to expire on May 31, 2012, and a new term loan of up to $2.0 million for capital expenditures to be made prior to December 31, 2013. The agreement will be filed as an exhibit to the Registrants first quarter 10Q.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 7, 2012
/s/ Bert M. Gross
Bert M. Gross, Secretary
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