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Quotes & Info
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| MRLN > SEC Filings for MRLN > Form 8-K on 17-Mar-2009 | All Recent SEC Filings |
17-Mar-2009
Entry into a Material Definitive Agreement, Financial Statements an
On March 15, 2009, Marlin Leasing Corporation ("MLC"), a subsidiary of the Registrant, entered into an amendment to its Series 2002-A warehouse financing facility that, among other things, (i) reset the facility amount to $115 million, (ii) revised the purchase price percentage, and (iii) extended the termination date of the facility to March 31, 2009. The extension to March 31, 2009 was done to (a) coincide with the current termination date of MLC's bank group revolver (MLC is in discussions with the bank group lenders in an effort to arrive at mutually acceptable extension terms), and (b) provide additional time for MLC and the other parties to the Series 2002-A facility to determine the optimal facility structure after March 31, 2009. Attached as Exhibit 10.1 to this report, and incorporated herein by reference, is the Second Amendment to the Amended and Restated Series 2002-A Supplement to the Master Lease Receivables Asset-Backed Finance Facility Agreement, dated as of March 15, 2009, among Marlin Leasing Corporation, Marlin Leasing Receivables Corp. II, Marlin Leasing Receivables II, LLC, JPMorgan Chase Bank, N.A., as the agent and Wells Fargo Bank, N.A., as the trustee.
(d) Exhibits.
10.1 Second Amendment to the Amended and Restated Series 2002-A Supplement to the Master Lease Receivables Asset-Backed Financing Facility Agreement, dated as of March 15, 2009, among Marlin Leasing Corporation, Marlin Leasing Receivables Corp. II, Marlin Leasing Receivables II, LLC, JPMorgan Chase Bank, N.A., as the agent and Wells Fargo Bank, N.A., as the trustee.
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