Item 1.01 Entry into a Material Definitive Agreement
On
The Twelfth Amendment was to the credit agreement, dated as of
During the Covenant Suspension Period, the Company will not, and will not permit
any of its restricted subsidiaries to, (i) make certain restricted payments,
(ii) subject to certain exceptions, incur any indebtedness for borrowed money
that is pari passu or senior in right of payment or security with the Revolving
Loans (as defined in the Credit Agreement) or (iii) make any investment in or
otherwise dispose of any assets to any subsidiary of the Company that is not a
As an ongoing condition to the suspension of the financial covenant, the Company also agreed to (i) a minimum liquidity test, (ii) an anti-cash hoarding test at any time Revolving Loans are outstanding and (iii) additional reporting obligations.
The foregoing description of the Twelfth Amendment and the Credit Agreement is not intended to be complete and is qualified in its entirety by reference to the Twelfth Amendment, a copy of which is attached as Exhibit 10.1 hereto and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits: Exhibit No. Description 10.1 Twelfth Amendment, dated as ofJanuary 25, 2023 , by and amongAMC Entertainment Holdings, Inc. , the lenders party thereto andWilmington Savings Fund Society , FSB, as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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