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TESS > SEC Filings for TESS > Form 8-K on 26-Dec-2012All Recent SEC Filings

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Form 8-K for TESSCO TECHNOLOGIES INC


26-Dec-2012

Entry into a Material Definitive Agreement, Financial Statements and Exhi


ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On December 21, 2012, TESSCO Technologies Incorporated (the "Company") and its primary operating subsidiaries, as borrowers, entered into a Eighth Modification Agreement (the "Eighth Modification"), with SunTrust Bank and Wells Fargo Bank, National Association, amending the Credit Agreement for the Company's existing $35.0 million unsecured revolving credit facility.

Pursuant to Eighth Modification, the term of the credit facility was extended from May 30, 2013 to May 31, 2014. The discussion of the Eighth Modification as set forth in this Item 1.01 is qualified in its entirety by the actual terms and provisions of the Eighth Modification, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated fully herein by this reference.



ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(a) Financial Statements of Businesses Acquired.

None.

(b) Pro Forma Financial Information.

None.

(d) Exhibits.

Exhibit No. Description

  10.1      Eighth Modification Agreement dated as of December, 21, 2012, by and
            among the Registrant and certain subsidiaries, as borrowers, and SunTrust
            Bank and Wells Fargo Bank, National Association, as lenders

Information presented in this Current Report on Form 8-K may contain forward-looking statements and certain assumptions upon which such forward-looking statements are in part based. Numerous important factors, including those factors identified in the TESSCO Technologies Incorporated Annual Report on Form 10-K and other of the Company's filings with the Securities and Exchange Commission, and the fact that the assumptions set forth in this Current Report on Form 8-K could prove incorrect, could cause actual results to differ materially from those contained in such forward-looking statements.


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