Common Contracts

4 similar Promissory Note contracts by Air T Inc

PROMISSORY NOTE TERM NOTE F
Promissory Note • February 7th, 2020 • Air T Inc • Air courier services

FOR VALUE RECEIVED, the undersigned CONTRAIL AVIATION SUPPORT, LLC (“Support”) and CONTRAIL AVIATION LEASING, LLC (“Leasing”, and together with Support, each a “Borrower,” and collectively, the “Borrowers”), jointly and severally, promise to pay to the order of OLD NATIONAL BANK (the “Lender”) the principal sum of Eight Million Five Hundred Thousand Dollars ($8,500,000.00), together with interest thereon as hereinafter provided.

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PROMISSORY NOTE TERM NOTE E
Promissory Note • December 26th, 2019 • Air T Inc • Air courier services

FOR VALUE RECEIVED, the undersigned CONTRAIL AVIATION SUPPORT, LLC ("Support"), CONTRAIL AVIATION LEASING, LLC (“Leasing”) and CONTRAIL AVIATION LEASING IRELAND DAC, CRO No. 662616 ("Leasing-Ireland", and together with Support and Leasing, each a "Borrower," and collectively, the "Borrowers"), jointly and severally, promise to pay to the order of OLD NATIONAL BANK (the "Lender") the principal sum of Six Million Eight Hundred Ninety-Four Thousand Seven Hundred Ninety ($6,894,790.00), in United States Dollars, together with interest thereon as hereinafter provided.

PROMISSORY NOTE TERM NOTE C
Promissory Note • November 5th, 2019 • Air T Inc • Air courier services

FOR VALUE RECEIVED, the undersigned CONTRAIL AVIATION SUPPORT, LLC (“Support”) and CONTRAIL AVIATION LEASING, LLC (“Leasing”, and together with Support, each a “Borrower,” and collectively, the “Borrowers”), jointly and severally, promise to pay to the order of OLD NATIONAL BANK (the “Lender”) the principal sum of Thirteen Million Five Hundred Ninety‑Four Dollars ($13,000,594.00), together with interest thereon as hereinafter provided.

PROMISSORY NOTE TERM NOTE D
Promissory Note • November 5th, 2019 • Air T Inc • Air courier services

and CONTRAIL AVIATION LEASING, LLC ("Leasing", and together with Support, each a "Borrower," and collectively, the "Borrowers"), jointly and severally, promise to pay to the order of OLD NATIONAL BANK (the "Lender")the principal sum of Seven Million Five Hundred Fifty-Three Thousand One Hundred Sixty-Five Dollars ($7,553,165.00), together with interest thereon as hereinafter provided.

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