Lazydays Holdings Inc.
06/15/2021 | Press release | Distributed by Public on 06/15/2021 14:06
Material Definitive Agreement (Form 8-K)
Entry into a Material Definitive Agreement.
The disclosures set forth in Item 2.03 below are incorporated by reference into this Item 1.01.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On June 14, 2021, certain subsidiaries of Lazydays Holdings, Inc. (the 'Company') entered into a letter agreement (the 'Extension Letter') with Manufacturers and Traders Trust Company (the 'Administrative Agent') and the lenders party to the Credit Agreement, dated as of March 15, 2018, by and among the Company, certain of its subsidiaries, the lenders party thereto and the Administrative Agent (as amended, the 'Credit Agreement'). Pursuant to the Extension Letter, the lenders and the Administrative Agent agreed to extend the final maturity and termination dates of the credit facilities provided under the Credit Agreement from June 15, 2021 to September 15, 2021.