EXHIBIT 99.2 COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • January 13th, 2006 • Premier Exhibitions, Inc. • Services-amusement & recreation services • Florida
EXHIBIT 99.3 UCC LIEN SUBORDINATION AGREEMENT To: Sam Tour (USA), Inc. ("Subordinating Creditor") Re: Premier Exhibitions, Inc. (the "Borrower") Ladies and Gentlemen: Bank of America, N.A. ("Lender"), proposes to make loans or otherwise extend credit...Subordination Agreement • January 13th, 2006 • Premier Exhibitions, Inc. • Services-amusement & recreation services
Bank of America, N.A. ("Lender"), proposes to make loans or otherwise extend credit to Borrower on the security of certain property of the Borrower. Such property is more specifically described in the financing statement that is attached hereto and hereby made a part hereof as Exhibit "A" (the "Collateral"). As a condition to making such loans or credit available to the Borrower, Lender requires that the Collateral be, so far as Lender is concerned, free of any security interests except its own.
