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FFEX > SEC Filings for FFEX > Form 8-K on 12-Apr-2013All Recent SEC Filings

Show all filings for FROZEN FOOD EXPRESS INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro



Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement
On April 11, 2013, FFE Transportation Services, Inc., Lisa Motor Lines, Inc., Conwell Corporation, and FFE Logistics, Inc. (the "Borrowers"), and Frozen Food Express Industries, Inc. (the "Company") and certain of its subsidiaries (the "Guarantors"), executed the Third Amendment (the "Amendment") to a certain Loan and Security Agreement, dated March 28, 2011 (the "Credit Agreement"), by and among the Borrower, the Guarantors and Bank of America, N.A., as Agent Bank for the lenders under the Credit Agreement.

The Credit Agreement originally defined the Letter of Credit Subline as $7.5 million, setting this amount as the maximum aggregate limit for letters of credit that could be issued under the agreement. This Amendment restates the Letter of Credit Subline, increasing the amount to $10 million. As amended by this Amendment, the First Amendment dated March 29, 2012 and the Second Amendment dated December 19, 2012, the Credit Agreement remains in full force and effect.

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