SUBSIDIARY GUARANTYSubsidiary Guaranty • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled
THIS SUBSIDIARY GUARANTY (this “Guaranty”) is made as of the 28th day of May, 2004, by timexpress.com, inc., an Ohio corporation (“Subsidiary Guarantor”) in favor of the Administrative Agent, for the benefit of the Lenders, the Swingline Lender and the LC Issuer under the Agreement referred to below.
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS CONTINUING SECURITY AGREEMENT (this “Security Agreement”) is entered into as of May 28, 2004, by and between AirNet Systems, Inc., an Ohio corporation (“AirNet”), and The Huntington National Bank, a national banking association (the “Agent”), having its principal office in Columbus, Ohio, as lender and as agent for and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Credit Agreement referred to herein.
SECURITY AGREEMENT PLEDGE AND ASSIGNMENT OF MEMBERSHIP INTERESTSecurity Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS SECURITY AGREEMENT PLEDGE AND ASSIGNMENT OF MEMBERSHIP INTEREST (“Assignment”) is made and entered into as of May 28, 2004, by and between AirNet Systems, Inc., an Ohio corporation (“Grantor”), and The Huntington National Bank, a national banking association (“Agent”), for itself and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Grantor and Agent are sometimes referenced herein as the “Party(ies)”.
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS CONTINUING SECURITY AGREEMENT (this “Security Agreement”) is entered into as of May 28, 2004, by and between AirNet Management, Inc., an Ohio corporation (“AMI”), and The Huntington National Bank, a national banking association (the “Agent”), having its principal office in Columbus, Ohio, as lender and as agent for and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Credit Agreement referred to herein.
STOCK PLEDGE AGREEMENTStock Pledge Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS STOCK PLEDGE AGREEMENT (this “Agreement”) is made as of the 28th day of May, 2004, by AirNet Systems, Inc., an Ohio corporation (the “Pledgor”), in favor of The Huntington National Bank, a national banking association (the “Agent”), for itself and as agent for the lenders (the “Lenders”) from time to time party to the Credit Agreement described below.
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS CONTINUING SECURITY AGREEMENT (this “Security Agreement”) is entered into as of May 28, 2004, by and between Float Control, Inc., a Michigan corporation (“Float”), and The Huntington National Bank, a national banking association (the “Agent”), having its principal office in Columbus, Ohio, as lender and as agent for and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Credit Agreement referred to herein.
MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENTMortgage, Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT (“Agreement”), dated as of May 28, 2004, is between AirNet Systems, Inc., an Ohio corporation (“Grantor”), and The Huntington National Bank, a national banking association (hereinafter referred to as the “Agent”), for itself and on behalf of the lenders (hereinafter individually and collectively referred to as the “Lenders”) from time to time party to that certain Amended and Restated Credit Agreement by and among the Agent, the Grantor, and the Lenders dated of even date herewith (as the same may be amended, modified, supplemented, extended, restated or replaced from time to time, hereinafter referred to as the “Credit Agreement”).
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS CONTINUING SECURITY AGREEMENT (this “Security Agreement”) is entered into as of May 28, 2004, by and between timexpress.com, inc., an Ohio corporation (“Timexpress”), and The Huntington National Bank, a national banking association (the “Agent”), having its principal office in Columbus, Ohio, as lender and as agent for and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Credit Agreement referred to herein.
AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF MAY 28, 2004 AMONG AIRNET SYSTEMS, INC., THE LENDERS FROM TIME TO TIME PARTY HERETO, and THE HUNTINGTON NATIONAL BANK AS ADMINISTRATIVE AGENT AND LEAD ARRANGERCredit Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
This Amended and Restated Credit Agreement, dated as of May 28, 2004, is among AirNet Systems, Inc., the Lenders and The Huntington National Bank, as LC Issuer, as Swingline Lender and as Administrative Agent. The parties hereto agree as follows:
REPLACEMENT SUBSIDIARY GUARANTYReplacement Subsidiary Guaranty • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled
THIS REPLACEMENT SUBSIDIARY GUARANTY (this “Guaranty”) is made as of the 28th day of May, 2004, by AirNet Management, Inc., an Ohio corporation; Float Control, Inc., a Michigan corporation; and Jetride, Inc., an Ohio corporation (each being referred to herein separately and collectively as a “Subsidiary Guarantor” and the “Subsidiary Guarantors”) in favor of the Administrative Agent, for the benefit of the Lenders, the Swingline Lender and the LC Issuer under the Agreement referred to below.
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS CONTINUING SECURITY AGREEMENT (this “Security Agreement”) is entered into as of May 28, 2004, by and between Jetride, Inc., an Ohio corporation (“Jetride”), and The Huntington National Bank, a national banking association (the “Agent”), having its principal office in Columbus, Ohio, as lender and as agent for and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Credit Agreement referred to herein.
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • June 22nd, 2004 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS CONTINUING SECURITY AGREEMENT (this “Security Agreement”) is entered into as of May 28, 2004, by and between Fast Forward Solutions, LLC, an Ohio limited liability company (“Fast Forward”), and The Huntington National Bank, a national banking association (the “Agent”), having its principal office in Columbus, Ohio, as lender and as agent for and on behalf of the lenders (the “Lenders”) from time to time party to the Credit Agreement described below. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Credit Agreement referred to herein.
