AMENDMENT NO. 1 TO INTERCREDITOR AGREEMENTS AND SECURITY AGREEMENTIntercreditor Agreements and Security Agreement • August 10th, 2010 • Aircastle LTD • Services-equipment rental & leasing, nec
AMENDMENT NO. 1 dated as of June 24, 2010 (this “Amendment”) to (x) INTERCREDITOR AGREEMENT, dated as of May 2, 2008 (as amended, modified or otherwise supplemented from time to time, the “Bermudian Intercreditor Agreement”) among ACS 2008-1 LIMITED, a Bermuda exempted company, as borrower (the “Bermudian Borrower”), ACS AIRCRAFT FINANCE IRELAND 3 LIMITED, an Irish private limited liability company, as guarantor (the “Irish Borrower” who, together with the Bermudian Borrower, the “Borrowers”), CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK f/k/a Calyon (New York Branch), a societe anonyme organized under the laws of France, acting through its NEW YORK BRANCH (the “Facility Agent”, the “Collateral Agent” and the “Liquidity Facility Provider”), AIRCASTLE ADVISOR LLC, a limited liability company organized under the laws of the State of Delaware (“AA Delaware”) and DEUTSCHE BANK TRUST COMPANY AMERICAS (“DBTCA”), in its capacity as the person appointed as operating bank (the “Operating Bank”
