Company: MGRC
Filing Date: 2025-09-08
Form Type: 8-K
Source: 0000950170-25-113536
Chunk: 1

Company: MCGRATH RENTCORP
Filing Date: 2025-09-08
Form: 8-K
Item: Item 2.03
Chunk 1
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 $10,000,000, or such debt obligations may be declared payable earlier than their stated maturity due to breach by the Company or any of the Company’s Material Subsidiaries; (vi) certain insolvency events with respect to the Company or any of its subsidiaries; (vii) the Company or any of its subsidiaries becomes subject to final judgments or orders for payment of money that exceed $10,000,000 in the aggregate and are not within 60 days after entry thereof, bonded, discharged or stayed pending appeal; (viii) the Company incurs liability with respect to certain benefit plans which result or could reasonably be expected to result in payments in excess of $10,000,000; (ix) the documentation related to the Note Purchase Agreement ceases to be in full force and effect; or (x) any Change of Control (as defined in the Note Purchase Agreement) of the Company occurs.

Certain of the Company’s U. S. subsidiaries, Mobile Modular Management Corporation, Enviroplex, Inc. andVesta Housing Solutions Holdings, LLC(the “ Guarantors”), guarantee the full payment of all the obligations of the Company in connection with the Notes.

The foregoing descriptions do not purport to be complete and are qualified in their entirety by reference to the full text of the Note Purchase Agreement, which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the U. S. Securities and Exchange Commission on June 13, 2023 and is incorporated herein by reference.

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 hereunto duly authorized.

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 hereunto duly authorized.

                                             McGRATH RENTCORP                                                    
  Date:      September 8, 2025      By:      /s/ Gilda Malek                                                     
                                             Gilda Malek