AMENDED AND RESTATED PROMISSORY NOTE TERM NOTE GPromissory Note • June 2nd, 2023 • 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 Thirty-Eight Million One Hundred Eighty Thousand Four Hundred Fifty Seven Dollars and Eighty Cents ($38,180,457.80) together with interest thereon as hereinafter provided.
FOURTH AMENDMENT TO MASTER LOAN AGREEMENTMaster Loan Agreement • June 2nd, 2023 • Air T Inc • Air courier services
THIS FOURTH AMENDMENT TO MASTER LOAN AGREEMENT (this “Fourth Amendment”) is entered into as of May 26, 2023, by and between CONTRAIL AVIATION SUPPORT, LLC (“CAS”), Contrail Aviation Leasing, LLC (“CAL,” and together with CAS, collectively, the “Borrowers”) and OLD NATIONAL BANK (the “Lender, and together with CAS and CAL, collectively the “Parties”) and amends that certain Master Loan Agreement dated as of June 24, 2019.
FIRST AMENDMENT TO SUPPLEMENT #8 TO MASTER LOAN AGREEMENTFirst Amendment to Supplement #8 to Master Loan Agreement • June 2nd, 2023 • Air T Inc • Air courier services
THIS FIRST AMENDMENT TO SUPPLEMENT #8 TO MASTER LOAN AGREEMENT (this “First Amendment”) is made effective as of the May 26, 2023, by and between CONTRAIL AVIATION SUPPORT, LLC (“CAS”) and OLD NATIONAL BANK (the “Lender, and together with CAS, collectively the “Parties”) and amends that certain Supplement #8 to Master Loan Agreement dated November 24, 2020 (the “Supplement”), by and among CAS and Lender.
FIFTH AMENDMENT TO SUPPLEMENT #2 TO MASTER LOAN AGREEMENTSupplement to Master Loan Agreement • June 2nd, 2023 • Air T Inc • Air courier services
THIS FIFTH AMENDMENT TO SUPPLEMENT #2 TO MASTER LOAN AGREEMENT (this “Fifth Amendment”) is made effective as of May 26, 2023, by and between CONTRAIL AVIATION SUPPORT, LLC (“CAS”) and OLD NATIONAL BANK (the “Lender, and together with CAS, collectively the “Parties”) and amends that certain Supplement #2 to Master Loan Agreement, as previously amended by that First Amendment to Supplement #2 to Master Loan Agreement, with an effective date of June 24, 2019, that Second Amendment to Supplement #2 to Master Loan Agreement, with an effective date of January 24, 2020; that Third Amendment to Supplement #2 to Master Loan Agreement with an effective date of September 25, 2020; and that Fourth Amendment to Supplement #2 to Master Loan Agreement with an effective date of September 2, 2021 (collectively, the “Supplement”), by and among CAS and Lender.
AMENDMENT TO MAIN STREET PRIORITY LOAN FACILITY TERM LOAN AGREEMENTMain Street Priority Loan Facility Term Loan Agreement • June 2nd, 2023 • Air T Inc • Air courier services
This AMENDMENT TO MAIN STREET PRIORITY LOAN FACILITY TERM LOAN AGREEMENT dated as of May 26, 2023 (this “Amendment”), by and between AIRCO 1, LLC, a Delaware limited liability company (“Borrower”) and PARK STATE BANK, a Minnesota state chartered bank (the “Lender”).
