-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OIMhQ2ooODucT7BItYnB4YsG9SZIXYZCgyq5guCnO1HqnJ+vL6z/BVpfcqanVb96 F28+60Ol+e2AB2AHjyLy/A== 0001104659-08-006782.txt : 20080204 0001104659-08-006782.hdr.sgml : 20080204 20080204110126 ACCESSION NUMBER: 0001104659-08-006782 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080131 ITEM INFORMATION: Other Events FILED AS OF DATE: 20080204 DATE AS OF CHANGE: 20080204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOVNANIAN ENTERPRISES INC CENTRAL INDEX KEY: 0000357294 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 221851059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 08570846 BUSINESS ADDRESS: STREET 1: 10 HWY 35 STREET 2: PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 BUSINESS PHONE: 7327477800 MAIL ADDRESS: STREET 1: 10 HWY 35 PO BOX 500 STREET 2: 10 HWY 35 PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 8-K 1 a08-4461_18k.htm 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):  January 31, 2008

 

HOVNANIAN ENTERPRISES, INC.
(Exact Name of Registrant as Specified in Charter)

 

Delaware

(State or Other

Jurisdiction

of Incorporation)

 

1-8551

(Commission File Number)

 

 

22-1851059

(I.R.S. Employer

Identification No.)

 

110 West Front Street
P.O. Box 500
Red Bank, New Jersey 07701
(Address of Principal Executive Offices) (Zip Code)

 

(732) 747-7800
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former Name or Former Address, if Changed Since
Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 8.01.               Other Events.

 

In connection with a requested amendment to its Amended and Restated Credit Agreement (the “Credit Agreement”), Hovnanian Enterprises, Inc. (“Hovnanian”) obtained waivers of compliance, effective January 31, 2008, with the Consolidated Tangible Net Worth, Fixed Charge Coverage Ratio and Leverage Ratio covenants under the Credit Agreement.  The waivers will expire on the earlier of the date on which amendments to such covenants are agreed to or March 14, 2008.   Although there can be no assurances, Hovnanian believes it will have entered into an amended Credit Agreement prior to the expiration of the waivers.  A discussion of the Credit Agreement is included in the Company’s Annual Report on Form 10-K for the year ended October 31, 2007.

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

HOVNANIAN ENTERPRISES, INC.

 

 

 

 

(Registrant)

 

 

 

 

 

 

 

 

 

By:

/s/

J. Larry Sorsby

 

 

 

 

 

 

Name:

J. Larry Sorsby

 

 

 

 

 

Title:

Executive Vice President and Chief Financial
Officer

 

Date: February 4, 2008

 

 

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