APOLLO MEDICAL HOLDINGS, INC. (OTCMKTS:AMEH) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
On August 31, 2017, Apollo Medical Management, Inc. (“AMM”), a wholly owned subsidiary of Apollo Medical Holdings, Inc. (the “Company”), entered into Amendment No. 1 to Intercompany Revolving Loan Agreement between Maverick Medical Group, Inc. (“MMG”), an affiliate of the Company, and AMM (the “Loan Agreement Amendment”), and Amendment No. 1 to Subordination Agreement between MMG and AMM (the “Subordination Agreement Amendment”).
The Loan Agreement Amendment amended the Intercompany Revolving Loan Agreement, dated as of November 22, 2016 (as amended by the Loan Agreement Amendment, the “Loan Agreement”), between AMM and MMG to increase the revolving loan commitment by AMM under the Loan Agreement from $2,000,000 to $3,000,000.
The Subordination Agreement Amendment amended the Subordination Agreement, dated as of November22, 2016, between AMM and MMG to reflect the increase in the revolving loan commitment by AMM under the Loan Agreement from $2,000,000 to $3,000,000.
A copy of the Loan Agreement Amendment is attached hereto as Exhibit 10.1 and a copy of the Subordination Agreement Amendment is attached hereto as Exhibit 10.2, and are incorporated herein by reference. The foregoing description is qualified in its entirety by reference to the Loan Agreement Amendment and the Subordination Agreement Amendment, respectively.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
10.1Amendment No. 1 to Intercompany Revolving Loan Agreement, between Apollo Medical Management, Inc. and Maverick Medical Group, Inc., dated as of August 31, 2017.
10.2Amendment No. 1 to Subordination Agreement, between Apollo Medical Management, Inc. and Maverick Medical Group, Inc., dated as of August 31, 2017.
Apollo Medical Holdings, Inc. ExhibitEX-10.1 2 v474724_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 AMENDMENT NO. 1 TO INTERCOMPANY REVOLVING LOAN AGREEMENT This Amendment No. 1 to Intercompany Revolving Loan Agreement (this "Amendment") is entered into as of August 31,…To view the full exhibit click here
About APOLLO MEDICAL HOLDINGS, INC. (OTCMKTS:AMEH)
Apollo Medical Holdings, Inc. is a patient-centered, physician-centric integrated population health management company working to provide coordinated, outcomes-based medical care. The Company operates in healthcare delivery segment. Its operations include Hospitalists, which include its contracted physicians focusing on the delivery of medical care to hospitalized patients; an accountable care organization (ACO), which focuses on providing care to Medicare fee-for-service patients; an independent practice association (IPA), which contracts with physicians and provides care to Medicare, Medicaid, commercial and dual-eligible patients on a risk- and value-based fee basis; approximately three clinics, which it owns or operates, and which provide specialty care in the greater Los Angeles area, and Palliative care, home health and hospice services, which include its at-home and end-of-life services. APOLLO MEDICAL HOLDINGS, INC. (OTCMKTS:AMEH) Recent Trading Information
APOLLO MEDICAL HOLDINGS, INC. (OTCMKTS:AMEH) closed its last trading session 00.00 at 8.35 with 100 shares trading hands.