Amendment to Credit Agreement for Nortech Systems Incorporated
SEC Filing 8-K (0001641172-25-021913)
Nortech Systems Incorporated has amended its $15 million senior secured revolving line of credit with Bank of America, N.A., extending the expiration date to August 31, 2026. This amendment, effective as of July 29, 2025, modifies the Credit Agreement dated February 29, 2024. The amendment includes changes to the defined term 'Maturity Date' and requires the delivery of executed documents and other conditions precedent to become effective. Borrower representations and warranties confirm no defaults or events of default under the Credit Agreement. The amendment is governed by Minnesota law and includes provisions for costs, expenses, and the release of rights and claims.
Tickers mentioned in this filing:NSYS
The link to the original SEC document:https://www.sec.gov/Archives/edgar/data/722313/0001641172-25-021913.txt