Nevada
|
000-24960
|
88-0320154
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
400
Birmingham Hwy., Chattanooga, TN
|
37419
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Item
1.01
|
Entry
into a Material Definitive Agreement.
|
On
July 18, 2005, Covenant Transport, Inc., a Nevada corporation (the
“Parent”), and Covenant Asset Management, Inc., a Nevada corporation and
one of the Parent’s subsidiaries, entered into Amendment No. 1 to Amended
and Restated Credit Agreement (the "Amendment") with Bank of America,
N.A., as agent, and SunTrust Bank, Branch Banking and Trust Company,
National City Bank of Kentucky, BNP Paribas, AmSouth Bank, and
First
Tennessee Bank National Association (collectively, the “Lenders”). The
Amendment amends the definition of "Consolidated EBITDAR" to add
the
non-cash charge of approximately $19,600,000 taken by the Parent
in the
fourth fiscal quarter of 2004 related to increases in casualty
and
workers' compensation claims. The Amendment has an effective date
of June
30, 2005. All other provisions of the Amended and Restated Credit
Agreement remain the same.
|
Item
9.01
|
Financial
Statements and Exhibits.
|
|
(c) Exhibits.
|
||
EXHIBIT
NUMBER
|
EXHIBIT
DESCRIPTION
|
|
Amendment
No. 1 to Amended and Restated Credit Agreement dated July 18, 2005,
among
Covenant Asset Management, Inc., Covenant Transport, Inc., a Nevada
corporation, Bank of America, N.A., as agent, and the lenders party
thereto from time-to-time
|
COVENANT
TRANSPORT, INC.
|
||
Date:
July 22, 2005
|
By:
|
/s/
Joey B. Hogan
|
Joey
B. Hogan
|
||
Executive
Vice President and Chief Financial Officer
|
||
EXHIBIT
NUMBER
|
EXHIBIT
DESCRIPTION
|
Amendment
No. 1 to Amended and Restated Credit Agreement dated July 18, 2005,
among
Covenant Asset Management, Inc., Covenant Transport, Inc., a Nevada
corporation, Bank of America, N.A., as agent, and the lenders party
thereto from time-to-time
|