REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of the Sixth Amendment to Note and Warrant Purchase Agreement, dated January 8, 2009, by and between ISI Security Group, Inc. and Wxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership, (b) consents to such amendments and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations as a Guarantor under the Purchase Agreement in favor of Wxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership. Dated as of January 8, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation, its general partner By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a California corporation By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a New Mexico corporation By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ISI DETENTION SYSTEMS, INC., a Texas corporation By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ISI DETENTION SYSTEMS, LTD., a Texas limited partnership By: ISI DETENTION SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO MCFSA, LTD., a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation, its general partner By: /s/ Sxx Xxxxxxxxxx Name: Sxx Xxxxxxxxxx Title: CEO ARGYLE SECURITY, INC., a Delaware corporation By: /s/ Dxxxxx X. Xxxxxxx Name: Dxxxxx X. Xxxxxxx Title: Chief Financial Officer EXHIBIT A Third Amended and Restated Senior Subordinated Promissory Note EXHIBIT A-1 Amended and Restated Senior Subordinated Promissory Note
REAFFIRMATION OF GUARANTY AGREEMENT. 4.1. By their execution and delivery hereof, the undersigned Guarantors hereby acknowledge and agree to this Second Amendment and reaffirm the Guaranty Agreement dated as of May 1, 2001 given in favor of each Noteholder and their respective successors and assigns. SECTION 5.
REAFFIRMATION OF GUARANTY AGREEMENT. By their execution and delivery hereof, the undersigned Subsidiary Guarantors hereby acknowledge and agree to this Amendment, reaffirm the Subsidiary Guaranty Agreement given in favor of each Noteholder and their respective successors and assigns and acknowledge and agree that Excess Leverage Fees shall constitute additional obligations guaranteed under the Subsidiary Guaranty Agreement.
REAFFIRMATION OF GUARANTY AGREEMENT. 4.1 By their execution and delivery hereof, the undersigned Guarantors hereby acknowledge and agree to this Second Amendment and reaffirm the Guaranty Agreement dated as of May 1, 2001 given in favor of each Noteholder and their respective successors and assigns.
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) Amendment No. 2 to Loan and Security Agreement, dated March 30, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust Company, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty Agreement, dated as of January 8, 2009 in favor of The PrivateBank and Trust Company. Dated as of March 30, 2009 ARGYLE SECURITY, INC., a Delaware corporation By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: CFO
REAFFIRMATION OF GUARANTY AGREEMENT. You shall have received from SEI a reaffirmation of the Guaranty Agreement, in form and substance satisfactory to you and your special counsel.
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) that certain Ninth Amendment to Note and Warrant Purchase Agreement, dated December 14, 2009, between ISI Security Group, Inc. and Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein and (c) hereby reaffirms its obligations under the Note and Warrant Purchase Agreement dated as of October 22, 2004, as amended, restated or otherwise modified from time to time, in favor of Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P. Dated as of December 14, 2009 ARGYLE SECURITY, INC., a Delaware corporation By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer
REAFFIRMATION OF GUARANTY AGREEMENT. The Guarantor hereby reaffirms its guarantee of the Loan, as modified in this Agreement, and agrees that the Guaranty Agreement shall remain in full force and effect and shall be strictly complied with by the Guarantor, as modified by this Agreement.
REAFFIRMATION OF GUARANTY AGREEMENT. Each Guarantor hereby acknowledges and agrees that on the First Amendment Effective Date, all of its respective obligations and liabilities under the Guaranty Agreement and the other Loan Documents to which it is a party are reaffirmed and remain in full force and effect.
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) Amendment No. 4 to Loan and Security Agreement, dated December 14, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust Company, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty, dated as of January 8, 2009 in favor of The PrivateBank and Trust Company. Dated as of December 14, 2009 ARGYLE SECURITY, INC., a Delaware corporation By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: CFO Exhibit A No. _____ $8,000,000.00 Date: as of December 14, 0000 Xxxxxxx, Xxxxxxxx Due Date: October 3, 2011
