Attached files

file filename
EX-10.3 - EXHIBIT 10.3 - ROYAL HAWAIIAN ORCHARDS, L.P.ex10-3.htm
EX-10.4 - EXHIBIT 10.4 - ROYAL HAWAIIAN ORCHARDS, L.P.ex10-4.htm

united states
securities and exchange commission

Washington, D.C. 20549

 

form 8-k

 

current report

Pursuant to Section13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)

February 27, 2015  

 

Royal Hawaiian Orchards, L.P.

(Exact name of registrant as specified in its charter)

 

Delaware

001-9145

99-0248088

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

 

688 Kinoole Street, Suite 121, Hilo, Hawaii

96720

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code

808-747-8471

 

 

N/A

(Former name or former address, if changed since last report.)

 

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):

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 
 

 

 

Item 1.01.

Entry into a Material Definitive Agreement 

 

On February 27, 2015 the Partnership executed a Thirteenth Amendment to Revolving Loan Promissory Note and a Tenth Amendment to Fourth Amended and Restated Credit Agreement with the Partnership’s existing lender, American AgCredit, PCA. Under the terms of these documents, the maturity date of the revolving credit facility is extended from March 3, 2015 to March 31, 2015. In addition, the Minimum Tangible Net Worth covenant requirement for the reporting period of December 31, 2014 has been waived. The term loan from the same lender has not been affected.

 

Item 2.03.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The Partnership executed amendments to its credit agreements as disclosed in Item 1.01, above.

 

Item 9.01

Exhibits

 

Exhibit 10.3

Thirteenth Amendment to Revolving Loan Promissory Note dated February 27, 2015

   

Exhibit 10.4

Tenth Amendment to Fourth Amended and Restated Credit Agreement dated February 27, 2015

 

 

 

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.

 

 

Royal Hawaiian Orchards, L.P.

 
    (Registrant)  
       

Date: March 4, 2015

     
 

By:

Royal Hawaiian Resources, Inc.

 
   

Managing General Partner

 
       
 

By:

/s/ Scott C. Wallace

 
   

Scott C. Wallace

 
   

President and Chief Executive Officer

 

 

 
 

 

 

Exhibit Index

 

Exhibit No.

Description

   

Exhibit 10.3

Thirteenth Amendment to Revolving Loan Promissory Note dated February 27, 2015

   

Exhibit 10.4

Tenth Amendment to Fourth Amended and Restated Credit Agreement dated February 27, 2015