-----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, D4sR1raLRCnyN+OUFdcKcxjgd5pf6Od2kLpPg5p6A5hfgxAdIOzLyUkky+g53bXu GPxgjR4k2U97sqiqZuwalA== 0001104659-03-005636.txt : 20030401 0001104659-03-005636.hdr.sgml : 20030401 20030401112527 ACCESSION NUMBER: 0001104659-03-005636 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030327 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NASH FINCH CO CENTRAL INDEX KEY: 0000069671 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & RELATED PRODUCTS [5140] IRS NUMBER: 410431960 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00785 FILM NUMBER: 03633128 BUSINESS ADDRESS: STREET 1: 7600 FRANCE AVE STREET 2: PO BOX 355 CITY: SOUTH MINNEAPOLIS STATE: MN ZIP: 55435-0355 BUSINESS PHONE: 6128320534 FORMER COMPANY: FORMER CONFORMED NAME: NASH CO DATE OF NAME CHANGE: 19710617 8-K 1 j9106_8k.htm 8-K

 

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): March 27, 2003

 

 

Nash Finch Company

(Exact name of Registrant as specified in its charter)

 

Delaware

 

0-785

 

41-0431960

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

7600 France Avenue South, Edina, Minnesota

 

55435

(Address of principal executive offices)

 

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (952) 832-0534

 

 



 

Item 5.    Other Events and Regulation FD Disclosure.

 

                On March 27, 2003, an amendment to the credit agreement between Nash Finch Company (the “Company”) and its bank lenders became effective.  The amendment extends from March 28, 2003 until June 15, 2003 the deadline for submission to the lenders of the Company’s audited fiscal 2002 financial statements.  In consideration for this amendment, the Company paid a fee to the bank lenders equal to 0.50% of the sum of their revolving loan commitments and aggregate outstanding term loans as of the effective date of the amendment.

 

Item 7.    Financial Statements and Exhibits

 

(c)

 

Exhibits

 

 

 

 

 

 

 

 

 

Exhibit No.

 

Description

 

 

 

 

 

 

 

10.1

 

First Amendment, dated as of March 21, 2003, to Credit Agreement dated as of December 19, 2000

 

2



 

SIGNATURES

 

Pursuant to the requirement 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.

 

 

NASH FINCH COMPANY

 

 

 

Date: April 1, 2003

By:

/s/ Robert B. Dimond

 

 

Name:

Robert B. Dimond

 

 

Title:

Executive Vice President and

 

 

 

Chief Financial Officer

 

3



 

NASH FINCH COMPANY

EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K

DATED MARCH 28, 2003

 

 

Exhibit No.

 

Description

 

Method of Filing

 

 

 

 

 

10.1 

 

First Amendment, dated as of March 21, 2003, to Credit Agreement dated as of December 19, 2000

 

Filed herewith

 

4


EX-10.1 3 j9106_ex10d1.htm EX-10.1

EXHIBIT 10.1

 

FIRST AMENDMENT

FIRST AMENDMENT (this “Amendment”), dated as of March 21, 2003, among Nash-Finch Company, a Delaware corporation (the “Borrower”), the lenders party to the Credit Agreement referred to below (the “Lenders”) and Deutsche Bank Trust Company Americas (formerly known as Bankers Trust Company), as administrative agent for the Lenders (the “Administrative Agent”).  All capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.

W I T N E S S E T H :

WHEREAS, the Borrower, the Lenders, the Syndication Agents, the Documentation Agent and the Administrative Agent have entered into that certain Credit Agreement, dated as of December 19, 2000 (as amended, modified or supplemented through, but not including, the date hereof, the “Credit Agreement”); and

WHEREAS, the parties hereto wish to amend the Credit Agreement on the terms and conditions set forth herein;

NOW, THEREFORE, it is agreed:

1.             Section 8.01(b) of the Credit Agreement is hereby amended by inserting the following proviso before the period at the end thereof:

“; provided, however, that (I) solely with respect to the fiscal year of the Borrower ended December 28, 2002,  the Borrower shall not be required to deliver the certification and report described in clause (i) of this subsection (b) until June 15, 2003 at which time the Borrower shall again deliver the balance sheets, statements, schedules, analyses and other information described in clauses (i) through (iv) of this subsection (b), together with (A) a detailed reconciliation of any deviations from the balance sheets, statements, schedules, analyses and other information originally delivered with respect to the fiscal year of the Borrower ended December 28, 2002 arising from the completion of the audit of the financial statements described in clause (i) of this subsection (b) and (B) a compliance certificate substantially in the form of Exhibit K hereto which shall detail any deviations from the compliance certificate with respect to such fiscal year ended December 28, 2002 previously delivered pursuant to Section 8.01(e) arising from the completion of the audit of the financial statements described in clause (i) of this subsection (b) and (II) for the avoidance of doubt, the financial information described in clauses (ii) through (iv) of this subsection (b) shall not be required to be audited”.

                                2.             Section 10.04 of the Credit Agreement is hereby amended by inserting the following proviso before the semicolon appearing before the word “or” at the end thereof:

“, provided further that for the purposes of determining whether a Default or Event of Default has occurred pursuant to clause (i)(y) above solely as a result of the Borrower’s or any of its Subsidiaries’ failure to provide holders of Indebtedness (other than the Obligations) or the SEC audited financial statements of (or similar to) the type required to

 



 

be delivered pursuant to Sections 8.01(a) or 8.01(b) during the period from the First Amendment Effective Date through June 15, 2003, the $5,000,000 limitation contained in the immediately preceding proviso shall be deemed to be $17,500,000 (it being understood and agreed that this proviso shall not be applicable (1) to any other Default or Event of Default arising under clause (i)(y) above or any Default or Event of Default arising under clause (i)(x) or (ii) of this Section 10.04 or (2) at any time after June 15, 2003)”.

3.             The definition of “Material Adverse Effect” appearing in Section 11.01 of the Credit Agreement is hereby amended by adding the following new sentence at the end thereof:

“It being understood and agreed that the investigation initiated by the SEC as disclosed in the Borrower’s 8-Ks dated November 8, 2002 and January 28, 2003 does not, in and of itself, constitute a Material Adverse Effect, although any adverse change or effect after the First Amendment Effective Date in such investigation or resulting therefrom or related thereto shall be taken into consideration in determining whether a Material Adverse Effect has occurred.”

4.             Section 11.01 of the Credit Agreement is hereby further amended by inserting the following new definition in the appropriate alphabetical order:

“First Amendment Effective Date” shall mean the date of the effectiveness of the First Amendment to this Agreement dated as of March 21, 2003.

5.             In order to induce the Lenders to enter into this Amendment, the Borrower hereby represents and warrants that, both before and after giving effect to this Amendment, (x) no Default or Event of Default exists on the First Amendment Effective Date (as defined below) and (y) all of the representations and warranties contained in the Credit Agreement and the other Credit Documents shall be true and correct in all material respects on the date hereof and on the First Amendment Effective Date with the same effect as though such representations and warranties had been made on and as of such date (is being understood that any representation or warranty made as of a specific date shall be true and correct in all material respects as of such specific date).

6.             In order to further induce the Lenders to enter into this Amendment, the Borrower hereby agrees to pay to the Administrative Agent for the ratable benefit of each Lender which executes and delivers to the Administrative Agent a counterpart of this Amendment on or before 5:00 p.m. (New York time) on March 27, 2003, a fee equal to .50% of the sum of (I) such Lender’s Revolving Loan Commitment on the First Amendment Effective Date and (II) the aggregate outstanding principal amount of such Lender’s Term Loans on the First Amendment Effective Date.

7.             This Amendment is limited as specified and shall not constitute a modification, acceptance or waiver of any other provision of the Credit Agreement or any other Credit Document, and the Administrative Agent and the Lenders hereby reserve all of their rights and remedies otherwise available to them under the Credit Agreement (as modified by this Amendment), the Credit Documents and applicable law.

 



 

8.             This Amendment may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which counterparts when executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.  A complete set of counterparts shall be lodged with the Borrower and the Administrative Agent.

9.             THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

10.           This Amendment shall become effective on the date (the “First Amendment Effective Date”) when (i) the Borrower and the Required Lenders shall have signed a counterpart hereof (whether the same or different counterparts) and shall have delivered (including by way of facsimile transmission) the same to the Administrative Agent at the Notice Office and (ii) all fees and other compensation contemplated hereby and payable to the Administrative Agent or the Lenders shall have been paid to the extent due.

11.           From and after the First Amendment Effective Date, all references in the Credit Agreement and each of the Credit Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement as amended hereby.

*     *     *

 



 

IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Amendment to be duly executed and delivered as of the date first above written.

 

NASH-FINCH COMPANY

 

 

 

 

 

 

 

 

 

By

 

/s/Robert B. Dimond

 

 

Name:

Robert B. Dimond

 

 

Title:

Executive VP & CFO

 

 

 

 

 

 

 

DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly known as Bankers Trust Company), Individually and as Administrative Agent

 

 

 

 

 

 

 

By

 

/s/Marco Orlando

 

 

Name:

Marco Orlando

 

 

Title:

Director

 

 

 

 

 

 

 

GENERAL ELECTRIC CAPITAL CORPORATION

 

 

 

 

 

 

 

By

 

/s/Leanne C. Manning

 

 

Name:

Leanne C. Manning

 

 

Title:

Duly Authorized Signatory

 

 

 

 

 

 

 

HARRIS TRUST AND SAVINGS BANK

 

 

 

 

 

 

 

By

 

/s/C. Scott Place

 

 

Name:

C. Scott Place

 

 

Title:

Vice President

 



 

 

US BANK NATIONAL ASSOCIATION

 

 

 

 

 

 

 

By

 

/s/Elliot Jaffee

 

 

Name:

Elliot Jaffee

 

 

Title:

Senior Vice President

 

 

 

 

 

 

 

NATIONAL CITY BANK

 

 

 

 

 

 

 

By

 

/s/Thomas E. Redmond

 

 

Name:

Thomas E. Redmond

 

 

Title:

Vice President

 

 

 

 

 

 

 

GMAC Commercial Credit LLC

 

 

 

 

 

 

 

By

 

/s/Steven J. Brown

 

 

Name:

Steven J. Brown

 

 

Title:

Vice President

 

 

 

 

 

 

 

THE BANK OF TOKYO-MITSUBISHI, LTD., CHICAGO BRANCH

 

 

 

 

 

 

 

By

 

/s/Patrick McCue

 

 

Name:

Patrick McCue

 

 

Title:

Vice President & Manager

 

 

 

 

 

 

 

Transamerica Business Capital Corporation

 

 

 

 

 

 

 

By

 

/s/Steve K. Goetschius

 

 

Name:

Steve K. Goetschius

 

 

Title:

Senior Vice President

 



 

 

LASALLE BANK NATIONAL ASSOCIATION

 

 

 

 

 

 

 

By

 

/s/Ann Pifer

 

 

Name:

Ann Pifer

 

 

Title:

First Vice President

 

2


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