Amendment to Wholesale Floor Plan Credit Facility and Security Agreement between Titan Machinery, Inc. and CNH Industrial Capital America LLC
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Summary
Titan Machinery, Inc. and CNH Industrial Capital America LLC have agreed to amend their existing Wholesale Floor Plan Credit Facility and Security Agreement. Effective May 31, 2018, the total credit limit available to Titan under this facility is set at $320,000,000. Both parties have confirmed their acceptance of this amendment in writing. All other terms of the original agreement remain unchanged.
EX-10.8.7 2 a10qfy19q1ex1087.htm EXHIBIT 10.8.7 Exhibit 
May 30, 2018
Titan Machinery, Inc.
644 E Beaton Dr.
West Fargo, ND 58078
Attn: Mark Kalvoda
Chief Financial Officer
via electronic mail
Re: Wholesale Floor Plan Credit Facility
Dear Mr. Kalvoda,
Titan Machinery, Inc. (“Titan”) and CNH Industrial Capital America LLC (“CNHI”) are parties to that Amended and Restated Wholesale Floor Plan Credit Facility and Security Agreement dated November 13, 2007, as amended from time to time, most recently amended in a letter dated March 30, 2018 (the “Agreement”). This letter will confirm that, effective May 31, 2018, the current total wholesale floor plan credit limit for Titan is $320,000,000.00.
Best Regards,
CNH Industrial Capital America LLC
/s/ Mike VanVlaenderen
Mike VanVlaenderen, Strategic Accounts Manager
Titan agrees to the above described amendment to the Amended and Restated Wholesale Floor Plan Credit Facility and Security Agreement dated November 13, 2007, as amended.
Titan Machinery, Inc.
/s/ Mark Kalvoda
Mark Kalvoda, Chief Financial Officer
CNH Industrial Capital America LLC
5729 Washington Ave
Racine WI 53406
