Item 1.01. Entry Into a Material Definitive Agreement.
Amendment No. 1 to Forbearance Agreement dated
OnMay 31, 2023 ,Unique Fabricating NA, Inc. andUnique-Intasco Canada, Inc. and their parent,Unique Fabricating, Inc. (the "Company") and their subsidiaries entered into Amendment No. 1 to Forbearance Agreement datedMay 22, 2023 ("Amendment No. 1"), with respect to the Credit Agreement. This amendment reinstated the Swing Line Commitments and the obligations of the SwingLine Lender to make Swing Line Advances as provided in the Credit Agreement. This summary of Amendment No. 1 does not purport to be complete and is subject to, and qualified in its entirety by, the full text of Amendment No. 1 filed as Exhibit 10.3 to this Current Report on Form 8-K/A and incorporated herein by reference. Item 9.01. Exhibits.
(d) Exhibits. The following exhibits are filed herewith:
Attachments to Exhibits 10.1 and 10.2 are not filed as such attachments (i) do not contain information material to an investment decision, and (ii) are not otherwise disclosed in the applicable exhibit or in this Form 8-K. The contents of the omitted attachments are not separately identified as such information is already included within the applicable exhibit in a manner that conveys the subject matter of the omitted attachment. Exhibit No. Description 10.1 (1) Accommodation Agreement, dated May 22, 2023,
among
itself and on behalf of its subsidiaries and
affiliates,
of itself and the final vehicle assembly entities
FCA Canada Inc. ; Yanfeng Automotive Interior
behalf of its subsidiaries and affiliates, Unique
corporation,Unique-Intasco Canada, Inc. a
Fabricating NA, Inc., aDelaware corporation,
corporation, Unique Molded Foam Technologies,
Inc., a
Unique Prescotech, Inc. , aDelaware corporation,
LLC, aMichigan limited liability company, Unique
Fabricating South, Inc., a
Michigan corporation, andUnique Fabricating de
corporation with variable capital, duly
incorporated pursuant to the laws of
Mexico , andCitizens Bank , National Association,
a national banking
association, in its capacity as agent, for itself
and the other financial
institutions party to the Loan Documents (as
defined) from time to time as
lenders. 10.2 (1) Forbearance Agreement, dated May 22, 2023, by
and between Unique Fabricating
NA, Inc. , aDelaware corporation, and
corporation organized under the laws of the
province of
Borrowers,Unique Fabricating, Inc. , aDelaware
corporation, Unique-Chardan,
Inc., aDelaware corporation, Unique Molded Foam
corporation,Unique Prescotech, Inc. , aDelaware
corporation, Unique
Fabricating Realty, LLC, aMichigan limited
liability company, Unique
Fabricating South, Inc., aMichigan corporation
and
Michigan corporation, each a Guarantor and
collectively, the Guaranators, the
financial institutions signatory thereto
(individually a "Lender," and
collectively the "Lenders"),Citizens Bank ,
National Association, a national
banking association, as Agent for the Lenders (in
such capacity, the Agent).
10.3 Amendment No. 1 to Forbearance Agreement dated
Unique Fabricating NA, Inc. , aDelaware
corporation, and Unique-Intasco Canada,
Inc., a corporation organized under the laws of
the province of British
Columbia , the Borrowers, Unique Fabricating,
Inc., a
Unique-Chardan, Inc. , aDelaware corporation,
Unique Molded Foam Technologies,
Inc., aDelaware corporation,Unique Prescotech ,
Inc., a
Unique Fabricating Realty, LLC , aMichigan
limited liability company, Unique
Fabricating South, Inc., aMichigan corporation
and
Michigan corporation, each a Guarantor and
collectively, the Guaranators, the
financial institutions signatory thereto
(individually a "Lender," and
collectively the "Lenders"),Citizens Bank ,
National Association, a national
banking association, as Agent for the Lenders (in
such capacity, the Agent).
99.1Unique Fabricating, Inc. press release dated
99.1 to the Company's Current Report on Form 8-K,
filed on
incorporated herein by reference). 104 Cover Page Interactive Data File (the Cover Page
Interactive Data File is
embedded with the Inline XBRL document).
__________________________
(1) Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the Registrant if publicly disclosed.
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