Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
MARINEMAX INC amended revolving credit of $950,000,000 total floor plan facility commitment with Manufacturers and Traders Trust Company (Administrative Agent) and Wells Fargo Commercial Distribution Finance, LLC (Floor Plan Agent) at Same terms as existing Credit Agreement maturing Not specified.
- Instrument
- revolving credit
- Principal
- $950,000,000 total floor plan facility commitment
- Counterparty
- Manufacturers and Traders Trust Company (Administrative Agent) and Wells Fargo Commercial Distribution Finance, LLC (Floor Plan Agent)
- Rate
- Same terms as existing Credit Agreement
- Maturity
- Not specified
- Event
- amendment
Exact text from the filing
On July 12, 2023, MarineMax, Inc. (the “Company”) and its subsidiaries, pursuant to an accordion feature in the Credit Agreement, entered into the Second Amendment to Credit Agreement, Incremental Amendment and Floor Plan Increase (the “Amendment”) with each of the Lenders (as defined in the Amendment), Manufacturers and Traders Trust Company (the “Administrative Agent”) and Wells Fargo Commercial Distribution Finance, LLC (the “Floor Plan Agent”) modifying the Credit Agreement, dated August 8, 2022 (as amended, restated, supplemented or otherwise modified prior to the entry into the Amendment, the “Credit Agreement”), by and among the Company and its subsidiaries, the Lenders, the Administrative Agent and the Floor Plan Agent to increase the Company’s floor plan facility under the Credit Agreement. The Amendment increased the floor plan facility as part of an accordian feature under the Credit Agreement by $200,000,000 to a total of $950,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MARINEMAX INC amended Second Amendment to Credit Agreement, Incremental Amendment and Floor Plan Increase with each of the Lenders, Manufacturers and Traders Trust Company (Administrative Agent), and Wells Fargo Commercial Distribution Finance, LLC (Floor Plan Agent) valued at $200,000,000 (effective 2023-07-12).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- each of the Lenders, Manufacturers and Traders Trust Company (Administrative Agent), and Wells Fargo Commercial Distribution Finance, LLC (Floor Plan Agent)
- Value
- $200,000,000
- Effective
- 2023-07-12
Exact text from the filing
On July 12, 2023, MarineMax, Inc. (the “Company”) and its subsidiaries, pursuant to an accordion feature in the Credit Agreement, entered into the Second Amendment to Credit Agreement, Incremental Amendment and Floor Plan Increase (the “Amendment”) with each of the Lenders (as defined in the Amendment), Manufacturers and Traders Trust Company (the “Administrative Agent”) and Wells Fargo Commercial Distribution Finance, LLC (the “Floor Plan Agent”) modifying the Credit Agreement, dated August 8, 2022 (as amended, restated, supplemented or otherwise modified prior to the entry into the Amendment, the “Credit Agreement”), by and among the Company and its subsidiaries, the Lenders, the Administrative Agent and the Floor Plan Agent to increase the Company’s floor plan facility under the Credit Agreement. The Amendment increased the floor plan facility as part of an accordian feature under the Credit Agreement by $200,000,000 to a total of $950,000,000.
View on SEC.gov