Air T FundingTrust Agreement • June 13th, 2019 • Air T Inc • Air courier services • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of June 10, 2019, among (i) Air T, Inc., a Delaware corporation (including any successors or assigns, the “Depositor”), (ii) Delaware Trust Company, a Delaware state chartered trust company duly organized and existing under the laws of the State of Delaware, as property trustee (the “Property Trustee”), (iii) Delaware Trust Company, a Delaware state chartered trust company duly organized and existing under the laws of the State of Delaware, as Delaware trustee (the “Delaware Trustee,” and (iv) Mark Jundt, an individual, and Katrina Philp, an individual, each of whose address is c/o Air T, Inc. (each an “Administrative Trustee” and collectively the “Administrative Trustees”) (the Property Trustee, the Delaware Trustee and the Administrative Trustees referred to collectively as the “Trustees”).
CAPITAL SECURITIES GUARANTEE AGREEMENT AIR T, INC. AND DELAWARE TRUST COMPANY DATED: June 10, 2019Capital Securities Guarantee Agreement • June 13th, 2019 • Air T Inc • Air courier services • Delaware
This GUARANTEE AGREEMENT (the “Capital Securities Guarantee”), dated as of June 10, 2019, is executed and delivered by Air T, Inc., a Delaware corporation (the “Guarantor”), and Delaware Trust Company, a Delaware chartered trust company, as trustee (the “Capital Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Air T Funding, a Delaware statutory trust (“Air T Funding”).
WARRANT AGENCY AGREEMENTWarrant Agency Agreement • June 13th, 2019 • Air T Inc • Air courier services • New York
WARRANT AGENCY AGREEMENT, dated as of June 10, 2019 (“Agreement”), between Air T Funding, a Delaware statutory trust (the “Company”) and American Stock Transfer & Trust Company, LLC, a New York limited liability trust company, (the “Warrant Agent”).
AGREEMENT AS TO EXPENSES AND LIABILITIESAgreement • June 13th, 2019 • Air T Inc • Air courier services • Minnesota
AGREEMENT dated as of June 10, 2019, between Air T, Inc., a Delaware corporation (“AIR T”), and Air T Funding, a Delaware statutory trust (the “Trust”).
CUMULATIVE CAPITAL SECURITIES PURCHASE WARRANTAir T Inc • June 13th, 2019 • Air courier services • New York
THIS CUMULATIVE CAPITAL SECURITIES PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the one year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Air T Funding, a Delaware statutory trust (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of cumulative capital securities of Air T Funding (also referred to as the Alpha Income Trust Preferred Securities), liquidation value $2.50 per share (the “Cumulative Capital Securities”). The purchase price of one share of Cumulative Capital Securities under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SUBSCRIPTION AGREEMENTSubscription Agreement • June 13th, 2019 • Air T Inc • Air courier services
SUBSCRIPTION AGREEMENT, dated as of June 10, 2019 (this “Agreement”), between Air T Funding, a statutory trust created under the laws of the State of Delaware (the “Trust”), and Air T, Inc., a Delaware corporation (the “Buyer”).
