Franklin covey co says on july 8, entered into first modification agreement to its existing secured credit agreement

Franklin covey co - on july 8, entered into first modification agreement to its existing secured credit agreement.franklin covey - main purpose of modification agreement is to provide alternative borrowing covenants for qtrs ending aug 31 through may 31, 2021.franklin covey - as part of new covenants, shall maintain consolidated minimum liquidity of not less than $13.0 million from aug 31 through feb 28, 2021.franklin covey - as part of new covenants, shall maintain consolidated minimum liquidity of not less than $8.0 million at may 31, 2021.
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