Attached files
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| EX-10 - U. S. Premium Beef, LLC | es101.htm |
UNITED STATES
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): May 29, 2014
U.S. PREMIUM BEEF, LLC
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
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333-115164 |
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20-1576986 |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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12200 North Ambassador
Drive |
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64163 |
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(Address of principal executive offices) |
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(Zip Code) |
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(816) 713-8800
Registrant’s telephone, number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Items under Sections 2 through 8 are not applicable and therefore omitted.
Item 1.01 Entry into a Material Definitive Agreement.
On May 29, 2014, U.S. PREMIUM BEEF, LLC, a limited liability company formed under the laws of the State of Delaware and COBANK, ACB (“CoBank”) entered into a “Revolving Term Loan Supplement” (the “Supplement”). The Supplement was executed on May 29, 2014. The Supplement amends certain provisions of the Master Loan Agreement entered into by CoBank and U.S. Premium Beef, LLC on July 26, 2011, as amended from time to time.
The Amendment extends the term of the Revolving Term Loan Commitment (Commitment) up to and including June 30, 2017. The Amendment also provides for a reduction in the amount available under the Commitment to $5 million from $15 million and reduces the Commitment Fee to 0.25% per annum.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
The following are filed as Exhibits to this Report:
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Exhibit No. |
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Description of Exhibit |
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10.1 |
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Revolving Term Loan Supplement between U.S. Premium Beef, LLC and CoBank, ACB dated May 29, 2014 |
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SIGNATURE
Pursuant to the requirements 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.
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U.S. PREMIUM BEEF, LLC |
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By: Stanley D. Linville |
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Stanley D. Linville |
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Chief Executive Officer |
Date: June 3, 2014
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