AMC ENTERTAINMENT HOLDINGS, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entering into Material Specific Agreements

Turn on January 25, 2023, AMC Entertainment Holdings, Inc. (the “Company”) entered into an amendment (the “Twelfth Amendment”) to the Credit Agreement (as defined below). The Twelfth Amendment extends the time limit for the Covenant Suspension Period (as defined below) by one additional year so that
March 31, 2024.

The Twelfth Amendment was a credit agreement, dated April 30, 2013
(as amended through the Twelfth Amendment described herein, the “Credit Agreement”), with the lenders from time to time participating and Wilmington Savings Fund AssociationThe FSB, as administrative agency, pursuant to the revolving creditor (which includes the required lenders) granted an extension of the suspension of the financial covenants under the Credit Agreement for the period from and after the effective date of the Twelfth Amendment. and include the prefix of (a) March 31, 2024 and (b) the day preceding the last day of the Trial Period (as defined in the Credit Agreement) during which the Company has submitted a Financial Agreement Election (as defined in the Credit Agreement) to the administrative agency under the Credit Agreement (such period , “The Period of Suspension of the Covenant”).

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During the Suspension Period, the Company shall not, and shall not permit any of its Restricted Subsidiaries to, (i) make certain restricted payments, (ii) subject to certain restrictions, incur any borrowings that are pari passu or senior. in a right of payment or security with the Revolving Credit (as defined in the Credit Agreement) or (iii) make any investment in or otherwise provide any property to any subsidiary of the Company that is not
Credit Union (as defined in the Credit Agreement) to facilitate new financing by a subsidiary of the Company.


As a continuing condition to the termination of the financial covenant, the Company also agreed to (i) a minimum liquidity test, (ii) a cash retention test whenever the Revolving Credit Facility is unpaid and (iii) additional reporting obligations.

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The foregoing description of the Twelfth Amendment and the Credit Agreement is not intended to be exhaustive and is qualified in its entirety by reference to the Twelfth Amendment, a copy of which is attached as Exhibit 10.1 hereto and is incorporated by reference herein.

Item 9.01. Financial Statements and Presentations.

(d) Exhibits:

No.                                     Description

  10.1      Twelfth Amendment, dated as of January 25, 2023, by and among AMC
          Entertainment Holdings, Inc., the lenders party thereto and Wilmington
          Savings Fund Society, FSB, as administrative agent.

104       Cover Page Interactive Data File (embedded within the Inline XBRL

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