REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) Amendment No. 1 to Loan and Security Agreement, dated January 8, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust Company, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty Agreement, dated as of October 3, 2008 in favor of The PrivateBank and Trust Company. Dated as of January 8, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a California corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a New Mexico corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION SYSTEMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI SYSTEMS, LTD., a Texas limited partnership By: ISI DETENTION SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO MCFSA, LTD., a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO COM-TEC SECURITY, LLC, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO COM-TEC CALIFORNIA LIMITED PARTNERSHIP, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO THIS SIXTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT, dated as of January 8, 2009 (the “Amendment”), by and between ISI Security Group, Inc., a Delaware corporation formerly known as ISI Detention Contracting Group, Inc. and d/b/a “Argyle Security USA” (successor-by-merger to ISI Security Group, Inc., an unrelated entity) (the “Company”), and Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership (the “Purchaser”), and Com-Tec Security, LLC, a Wisconsin limited liability company, and Com-Tec California Limited Partnership, a Wisconsin limited partnership, solely for purposes of becoming a “Guarantor” under the Purchase Agreement (as defined below).
Appears in 1 contract
Samples: Loan and Security Agreement (Argyle Security, Inc.)
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) Amendment No. 1 3 to Loan and Security Agreement, dated January 8August 3, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust Company, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty Agreement, dated as of October 3, 2008 in favor of The PrivateBank and Trust Company. Dated as of January 8August 3, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION CONTRACTING GROUP, INC., a California corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION CONTRACTING GROUP, INC., a New Mexico corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION SYSTEMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI SYSTEMS, LTD., a Texas limited partnership By: ISI DETENTION SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO MCFSA, LTD., a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO COM-TEC SECURITY, LLC, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO COM-TEC CALIFORNIA LIMITED PARTNERSHIP, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Title: CEO THIS SIXTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT, dated as of January 8, 2009 (the “Amendment”), by and between ISI Security Group, Inc., a Delaware corporation formerly known as ISI Detention Contracting Group, Inc. and d/b/a “Argyle Security USA” (successor-by-merger to ISI Security Group, Inc., an unrelated entity) (the “Company”), and Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership (the “Purchaser”), and Com-Tec Security, LLC, a Wisconsin limited liability company, and Com-Tec California Limited Partnership, a Wisconsin limited partnership, solely for purposes of becoming a “Guarantor” under the Purchase Agreement (as defined below).CFO
Appears in 1 contract
Samples: Loan and Security Agreement (Argyle Security, Inc.)
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) Amendment No. 1 4 to Loan and Security Agreement, dated January 8December 14, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust Company, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty AgreementGuaranty, dated as of October 3, 2008 in favor of The PrivateBank and Trust Company. Dated as of January 8December 14, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION CONTRACTING GROUP, INC., a California corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION CONTRACTING GROUP, INC., a New Mexico corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI DETENTION SYSTEMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI SYSTEMS, LTD., a Texas limited partnership By: ISI DETENTION SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO MCFSA, LTD., a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO COM-TEC SECURITY, LLC, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO COM-TEC CALIFORNIA LIMITED PARTNERSHIP, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO THIS SIXTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT, dated as of January 8, 2009 (the “Amendment”), by and between ISI Security Group, Inc., a Delaware corporation formerly known as ISI Detention Contracting Group, Inc. and d/b/a “Argyle Security USA” (successor-by-merger to ISI Security Group, Inc., an unrelated entity) (the “Company”), and Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership (the “Purchaser”), and Com-Tec Security, LLC, a Wisconsin limited liability company, and Com-Tec California Limited Partnership, a Wisconsin limited partnership, solely for purposes of becoming a “Guarantor” under the Purchase Agreement (as defined below).CFO
Appears in 1 contract
Samples: Loan and Security Agreement (Argyle Security, Inc.)
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) the Sixth Amendment No. 1 to Loan Note and Security Warrant Purchase Agreement, dated January 8, 2009, by and between ISI Security Group, Inc. and The PrivateBank and Trust CompanyXxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations as a Guarantor under its Unconditional Continuing Guaranty Agreement, dated as of October 3, 2008 the Purchase Agreement in favor of The PrivateBank and Trust CompanyXxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership. Dated as of January 8, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a California corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION CONTRACTING GROUP, INC., a New Mexico corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION SYSTEMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI DETENTION SYSTEMS, LTD., a Texas limited partnership By: ISI DETENTION SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO MCFSA, LTD., a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO COM-TEC ARGYLE SECURITY, LLC, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO COM-TEC CALIFORNIA LIMITED PARTNERSHIP, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO THIS SIXTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT, dated as of January 8, 2009 (the “Amendment”), by and between ISI Security Group, Inc.INC., a Delaware corporation formerly known By: Name: Xxxxxx X. Xxxxxxx Title: Chief Financial Officer $1,100,000.00 Date: as of January 8 2009 Chicago, Illinois Due Date: October 3, 2011 FOR VALUE RECEIVED, ISI Detention Contracting GroupSECURITY GROUP, Inc. and dINC., a Delaware corporation, (f/bk/a “Argyle Security USA” (successor-by-merger to ISI Security GroupDETENTION CONTRACTING GROUP, Inc., an unrelated entityINC.) (the “CompanyBorrower”), whose address is 00000 Xxxxxxxx Xxxxx, Xxx Xxxxxxx, Xxxxx 00000, promises to pay to the order of THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (hereinafter, together with any holder hereof, the “Bank”), whose address is 70 X. Xxxxxxx, 2nd floor, Xxxxxxx, Xxxxxxxx 00000, on or before October 3, 2011 (the “Facility B Loan Scheduled Maturity Date”), the lesser of (i) one million on hundred thousand and 00/100 dollars ($1,100,000.00), or (ii) the aggregate principal amount of the Facility B Loan outstanding under and pursuant to that certain Loan and Security Agreement dated as of October 3, 2008, as amended, executed by and between the Borrower and the Bank, as amended from time to time (as amended, supplemented or modified from time to time, the “Loan Agreement”), and Xxxxxxx Xxxxx Mezzanine Capital Fund IIImade available by the Bank to the Borrower at the maturity or maturities and in the amount or amounts stated on the records of the Bank, L.P.together with interest (computed on the actual number of days elapsed on the basis of a 360 day year) on the aggregate principal amount of the Facility B Loan outstanding from time to time as provided in the Loan Agreement. Capitalized words and phrases not otherwise defined herein shall have the meanings assigned thereto in the Loan Agreement. This Facility B Loan Note evidences the Facility B Loan, Letters of Credit and other indebtedness incurred by the Borrower under and pursuant to the Loan Agreement, to which reference is hereby made for a Delaware limited partnership (statement of the “Purchaser”)terms and conditions under which the Facility B Loan Scheduled Maturity Date or any payment hereon may be accelerated. The holder of this Facility B Loan Note is entitled to all of the benefits and security provided for in the Loan Agreement. The Facility B Loan shall be repaid by the Borrower on the Facility B Loan Scheduled Maturity Date, unless payable sooner pursuant to the provisions of the Loan Agreement. Principal and interest shall be paid to the Bank at its address set forth above, or at such other place as the holder of this Facility B Loan Note shall designate in writing to the Borrower. The Facility B Loan made, and Com-Tec Security, LLC, a Wisconsin limited liability companyall Letters of Credit issued by the Bank, and Com-Tec California Limited Partnershipall payments on account of the principal and interest thereof shall be recorded on the books and records of the Bank and the principal balance as shown on such books and records, a Wisconsin limited partnershipor any copy thereof certified by an officer of the Bank, solely shall be rebuttably presumptive evidence of the principal amount owing hereunder. Except for purposes of becoming a “Guarantor” such notices as may be required under the Purchase terms of the Loan Agreement, the Borrower waives presentment, demand, notice, protest, and all other demands, or notices, in connection with the delivery, acceptance, performance, default, or enforcement of this Facility B Loan Note, and assents to any extension or postponement of the time of payment or any other indulgence. The Facility B Loan and the Letters of Credit evidenced hereby have been made and/or issued and this Facility B Loan Note has been delivered at the Bank’s main office set forth above. This Facility B Loan Note shall be governed and construed in accordance with the laws of the State of Illinois, in which state it shall be performed, and shall be binding upon the Borrower, and its legal representatives, successors, and assigns. Wherever possible, each provision of the Loan Agreement (and this Facility B Loan Note shall be interpreted in such manner as defined below)to be effective and valid under applicable law, but if any provision of the Loan Agreement or this Facility B Loan Note shall be prohibited by or be invalid under such law, such provision shall be severable, and be ineffective to the extent of such prohibition or invalidity, without invalidating the remaining provisions of the Loan Agreement or this Facility B Loan Note. The term “Borrower” as used herein shall mean all parties signing this Facility B Loan Note, and each one of them, and all such parties, their respective successors and assigns, shall be jointly and severally obligated hereunder. This Note is given in replacement, renewal, and/or extension of, but not extinguishing the indebtedness evidenced by that promissory note dated October 3, 2008, as amended, executed by ISI SECURITY GROUP, INC., in the original principal amount of $5,000,000.00. This Note is a modification only and not a novation. All interest evidenced by the note being replaced, renewed, and/or extended by this instrument shall continue to be due and payable until paid.
Appears in 1 contract
Samples: Loan and Security Agreement (Argyle Security, Inc.)
REAFFIRMATION OF GUARANTY AGREEMENT. The undersigned (a) acknowledges receipt of a copy of (i) Amendment No. 1 2 to Loan and Security Agreement, dated January 8March 30, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust Company, (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty Agreement, dated as of October 3, 2008 in favor of The PrivateBank and Trust Company. Dated as of January 8March 30, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO ISI DETENTION CONTRACTING CFO GROUP, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO ISI DETENTION CONTRACTING CFO GROUP, INC., a California corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO ISI DETENTION CONTRACTING CFO GROUP, INC., a New Mexico corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO ISI DETENTION SYSTEMS, INC., CFO a Texas corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO ISI SYSTEMS, LTD., CFO a Texas limited partnership By: ISI DETENTION SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO METROPLEX CONTROL SYSTEMS, INC., CFO a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO CFO ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO METROPLEX COMMERCIAL FIRE AND CFO SECURITY ALARMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO MCFSA, LTD., CFO a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO COM-TEC SECURITY, LLC, CFO a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO COM-TEC CALIFORNIA LIMITED CFO PARTNERSHIP, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Name: Xxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx Title: CEO THIS SIXTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT, dated as of January 8, 2009 (the “Amendment”), by and between ISI Security Group, Inc., a Delaware corporation formerly known as ISI Detention Contracting Group, Inc. and d/b/a “Argyle Security USA” (successor-by-merger to ISI Security Group, Inc., an unrelated entity) (the “Company”), and Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership (the “Purchaser”), and Com-Tec Security, LLC, a Wisconsin limited liability company, and Com-Tec California Limited Partnership, a Wisconsin limited partnership, solely for purposes of becoming a “Guarantor” under the Purchase Agreement (as defined below).CFO
Appears in 1 contract
Samples: Loan and Security Agreement (Argyle Security, Inc.)
REAFFIRMATION OF GUARANTY AGREEMENT. The Each of the undersigned (a) acknowledges receipt of a copy of (i) that certain Ninth Amendment No. 1 to Loan Note and Security Warrant Purchase Agreement, dated January 8December 14, 2009, between ISI Security Group, Inc. and The PrivateBank and Trust CompanyXxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., (b) consents to such amendments and waivers and all prior amendments and each of the transactions referenced therein, therein and (c) hereby reaffirms its obligations under its Unconditional Continuing Guaranty Agreement, the Note and Warrant Purchase Agreement dated as of October 322, 2008 2004, as amended, restated or otherwise modified from time to time, in favor of The PrivateBank and Trust Company. Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P. Dated as of January 8December 14, 2009 DETENTION CONTRACTING GROUP, LTD., a Texas limited partnership By: ISI DETENTION CONTRACTING GROUPDetention Contracting Group, INC.Inc., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer ISI DETENTION CONTRACTING GROUP, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer ISI DETENTION CONTRACTING GROUP, INC., a California corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer ISI DETENTION CONTRACTING GROUP, INC., a New Mexico corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer ISI DETENTION SYSTEMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer ISI SYSTEMS, LTD., a Texas limited partnership By: ISI DETENTION SYSTEMSDetention Systems, INC.Inc., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer METROPLEX CONTROL SYSTEMS, INC., a Texas corporation, (f/k/a ISI Metroplex Controls, Inc.) By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer ISI CONTROLS, LTD., a Texas limited partnership By: METROPLEX CONTROL SYSTEMSMetroplex Control Systems, INC.Inc., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer METROPLEX COMMERCIAL FIRE AND SECURITY ALARMS, INC., a Texas corporation By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer MCFSA, LTD., a Texas limited partnership By: METROPLEX COMMERCIAL FIRE AND SECURITY ALARMSMetroplex Commercial Fire and Security Alarms, INC.Inc., a Texas corporation, its general partner By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer COM-TEC SECURITY, LLC, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Chief Financial Officer COM-TEC CALIFORNIA LIMITED PARTNERSHIP, a Wisconsin limited partnership By: /s/ Xxx Xxxxxxxxxx Name: Xxx Xxxxxxxxxx Title: CEO THIS SIXTH AMENDMENT TO NOTE AND WARRANT PURCHASE AGREEMENT, dated as of January 8, 2009 (the “Amendment”), by and between ISI Security Group, Inc., a Delaware corporation formerly known as ISI Detention Contracting Group, Inc. and d/b/a “Argyle Security USA” (successor-by-merger to ISI Security Group, Inc., an unrelated entity) (the “Company”), and Xxxxxx X. Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership (the “Purchaser”), and Com-Tec Security, LLC, a Wisconsin limited liability company, and Com-Tec California Limited Partnership, a Wisconsin limited partnership, solely for purposes of becoming a “Guarantor” under the Purchase Agreement (as defined below).Xxxxxx X. Xxxxxxx Chief Financial Officer
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Argyle Security, Inc.)