?>

Orbit International Corp. Obtains Waiver and Amendment from Its Primary Lender

by: , Atlantic Wire
April 1, 2011

Category: Syndicated Industry News | RSS 2.0

HAUPPAUGE, N.Y.–(BUSINESS WIRE)–Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer and software solution provider, today announced that its primary lender has waived the Company’s non-compliance with one financial covenant of its credit agreement for the fourth quarter ended December 31, 2010. The lender also amended the credit agreement regarding the same financial covenant through the first three quarters in 2011. As reported on March 10, 2011, the Company had not been in c



Add to digg
Add to del.icio.us
Add to Newsvine
Add to Reddit
Add to Google
Add to Yahoo My Web
Email this Article



Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Tags: , , , , , , , , ,


| Give a Comment | trackback

No Comments

Leave a Reply

You must be logged in to post a comment.

    Like Us On Facebook

  • Search This Site

    Custom Search
  • Upcoming Events

  • FREE Business Downloads

  • Widget Area

    This is widget area, add your widget here from your widget on appereance on your admin panel

>