FIAT CNH CAPITAL
Exhibit 10.2
FIAT |
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CNH CAPITAL |
INDUSTRIAL |
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STRATEGIC ACCOUNTS GROUP |
Xxxxxxxx X. Xxxx
Director
Strategic Accounts
October 27, 2011
Titan Machinery, Inc.
644 X. Xxxxxx Dr.
West Fargo, ND 58078
Attn: Xxx X. Xxxxxxxxxxxx,
Vice President, Finance
via electronic mail
Re: Wholesale Floor Plan Credit Facility
Dear Xx. Xxxxxxxxxxxx:
Titan Machinery, Inc. (“Titan”) and CNH Capital America LLC (“CNH”) are parties to an 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 September 30, 2011 (the “Agreement”). This letter will confirm that the current total wholesale floor plan credit limit for Titan Machinery is $350,000,000.00.
Very truly yours,
CNH Capital America LLC
/s/ Xxxxxxxx Xxxx |
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Xxxxxxxx Xxxx Director Strategic Accounts |
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Titan Machinery, Inc. 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/ Xxx X. Xxxxxxxxxxxx |
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Xxx X. Xxxxxxxxxxxx, VP Finance and Treasurer |
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CNH Capital
000 Xxxx Xxxxxx
Racine, WI 53403