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: TechAgreements

Patrick Industries, Inc. Completes New Amendment of Its Credit Agreement

By TechAgreements

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Pursuant to the Third Amendment entered into on April 14, 2009, the lenders waived any actual or potential Event of Default (as defined in the Credit Agreement) resulting from the Company's failure to comply with the one-month and two-month Consolidated earnings before interest, taxes, depreciation and amortization ("EBITDA") financial covenants for the fiscal months ended March 1, 2009 and March.

Full post as published by TechAgreements on April 15, 2009 (boomark / email).

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