HAWAIIAN MACADAMIA NUT ORCHARDS, L.P. On August 27, 2013, Royal Hawaiian Orchards, L.P. executed a Sixth Amendment to Revolving Loan Promissory Note and a Third Amendment to Fourth Amended and Restated Credit Agreement with the Partnership's existing lender, American AgCredit, PCA. Under these documents the amount of its revolving credit facility increases from $5,000,000 to $7,000,000 until December 31, 2013, at which time the revolving credit facility is reduced to $5,000,000 and any balance in excess of that amount must be repaid. In addition, the interest rate on any portion of the additional $2,000,000 revolver amount that is drawn upon increases by 50 basis points, the minimum EBITDA covenant has been reduced to $0 for the four quarters ended September 30, 2013 and certain definitional and technical changes were made.
The term loan from the same lender has not been affected.
