Assumption Agreement         assumption Agreement Sample Contracts

IN WITNESS WHEREOF, each of the parties has caused this Assumption Agreement to be duly executed and delivered as of July 31, 1998. ROUNTABLE PARTNERS, L.L.C. By: /s/ Kenneth Pasternak _______________________ Kenneth Pasternak President KNIGHT/TRIMARK...
Assumption Agreement Assumption Agreement • August 21st, 1998 • Knight Trimark Group Inc • Security brokers, dealers & flotation companies

ASSUMPTION AGREEMENT ASSUMPTION AGREEMENT, between Roundtable Partners, L.L.C., a Delaware limited liability company (the "Borrower"), and Knight/Trimark Group, Inc., a Delaware corporation (the "Guarantor"). Pursuant to Section 5.1 (b) and Section 5.2 (a) of the Loan Agreement, dated as of June 19, 1998 (the "Loan Agreement"), between PaineWebber Capital Inc., a Delaware corporation (the "Lender"), and the Borrower, the Borrower may liquidate or dissolve (the "Liquidation"), so long as the Guarantor has agreed to assume all of the Borrower's obligations under the Loan Agreement and the Note (as defined in the Loan Agreement) and all of the assets of the Borrower are distributed to the Guarantor. The terms defined in the Loan Agreement are used herein as therein defined. In order to consummate the Liquidation, the Borrower and the Guarantor hereby agree as follows: 1. The Borrower hereby transfers and assigns to the Guarantor (and its successors and assigns) all of its obligations unde

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Assumption Agreement         assumption Agreement • August 30th, 2002 • Digital Recorders Inc • Radio & tv broadcasting & communications equipment • Texas

EXHIBIT 99.5 SUBSIDIARY GUARANTY made by Subsidiaries of DIGITAL RECORDERS, INC. in favor of JOHN D. HIGGINS Dated as of August 26, 2002

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