SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 16, 2002
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KOGER EQUITY, INC.
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(Exact Name of Registrant as Specified in Its Charter)
FLORIDA
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(State or Other Jurisdiction of Incorporation)
1-9997 59-2898045
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(Commission File Number) (IRS Employer Identification No.)
225 NE MIZNER BOULEVARD, SUITE 200
BOCA RATON, FLORIDA 33432
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(Address of Principal Executive Offices) (Zip Code)
(561) 395-9666
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(Registrant's Telephone Number, Including Area Code)
NA
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(Former Name or Former Address, if Changed Since Last Reports)
Item 5. Other Events
Reference is made to a copy of the Third Amendment to Revolving Credit
Loan Agreement Among Koger Equity, Inc. and Fleet National Bank, as Arranger and
Administrative Agent, and Wells Fargo Bank, National Association, as Syndication
Agent, Compass Bank, Commerzbank AG, New York and Grand Cayman Branches, as
Documentation Agent, and Comerica Bank, dated as of December 16, 2002, and two
replacement notes dated December 16, 2002, each in the principal amount of up to
$50,000,000 which notes were executed and delivered in connection with the
Agreement which Agreement and notes are filed as Exhibits 10(a), 10(b) and 10(c)
to this report. These exhibits are incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit
Number Description of Exhibit
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10(a) Third Amendment to Revolving Credit Loan
Agreement Among Koger Equity, Inc. and Fleet
National Bank, as Arranger and
Administrative Agent, and Wells Fargo Bank,
National Association, as Syndication Agent,
Compass Bank, Commerzbank AG, New York and
Grand Cayman Branches, as Documentation
Agent, and Comerica Bank, dated as of
December 16, 2002 (the "Agreement").
10(b) Revolving Credit Note, dated December 16,
2002 in the principal amount of up to
$50,000,000 executed and delivered in
connection with the Agreement.
10(c) Revolving Credit Note, dated December 16,
2002 in the principal amount of up to
$50,000,000 executed and delivered in
connection with the Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
KOGER EQUITY, INC.
Dated: December 17, 2002 By: /S/ Thomas J. Crocker
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Thomas J. Crocker
Title: Chief Executive Officer
EXHIBIT INDEX
The following designated exhibits are filed herewith:
Exhibit
Number Description of Exhibit
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10(a) Third Amendment to Revolving Credit Loan
Agreement Among Koger Equity, Inc. and Fleet
National Bank, as Arranger and
Administrative Agent, and Wells Fargo Bank,
National Association, as Syndication Agent,
Compass Bank, Commerzbank AG, New York and
Grand Cayman Branches, as Documentation
Agent, and Comerica Bank, dated as of
December 16, 2002 (the "Agreement").
10(b) Revolving Credit Note, dated December 16,
2002 in the principal amount of up to
$50,000,000 executed and delivered in
connection with the Agreement.
10(c) Revolving Credit Note, dated December 16,
2002 in the principal amount of up to
$50,000,000 executed and delivered in
connection with the Agreement.