TRADEMARK SECURITY AGREEMENTTrademark Security Agreement • September 30th, 2003 • Interep National Radio Sales Inc • Radio broadcasting stations • New York
This Trademark Security Agreement (the “Agreement”), dated as of September 25, 2003, is made by and between INTEREP NATIONAL RADIO SALES, INC., a New York corporation (the “Debtor”), and COMMERCE BANK, N.A. (the “Secured Party”).
GUARANTYGuaranty • September 30th, 2003 • Interep National Radio Sales Inc • Radio broadcasting stations • New York
GUARANTY dated as of September 25, 2003 by each of the entities signatory hereto (each a “Guarantor” and collectively, the “Guarantors”) in favor of Commerce Bank, N.A. (the “Lender”). All capitalized terms used herein and not otherwise defined shall have the same meanings ascribed to them in the Loan Agreement defined below.
REVOLVING NOTEInterep National Radio Sales Inc • September 30th, 2003 • Radio broadcasting stations • New York
FOR VALUE RECEIVED, INTEREP NATIONAL RADIO SALES, INC., a New York corporation (the “Borrower”), hereby promises to pay to the order of COMMERCE BANK, N.A. (the “Bank”) the principal sum of TEN MILLION DOLLARS ($10,000,000) together with interest thereon at the rate and at the times hereinafter provided.
PLEDGE AGREEMENTPledge Agreement • September 30th, 2003 • Interep National Radio Sales Inc • Radio broadcasting stations • New York
PLEDGE AGREEMENT, dated as of September 25, 2003, by and among Interep National Radio Sales, Inc., a New York corporation (“Interep”), McGavren Guild, Inc., a New York corporation, Interep New Media, Inc., a New York corporation, and Interep Interactive, Inc., a Delaware corporation (together with Interep, each a “Pledgor” and collectively the “Pledgors”), in favor of Commerce Bank, N.A. (the “Lender”). All capitalized terms used herein and not otherwise defined shall have the same meanings ascribed to them in the Loan Agreement defined below.
