REVOLVING CREDIT AND SECURITY AGREEMENT PNC BANK, NATIONAL ASSOCIATION (AS LENDER AND AS AGENT) WITH KITTY HAWK, INC., KITTY HAWK CARGO, INC., KITTY HAWK AIRCARGO, INC., AND KITTY HAWK GROUND, INC. (BORROWERS) July 19, 2006Security Agreement • July 25th, 2006 • Kitty Hawk Inc • Air transportation, nonscheduled • New York
Revolving Credit and Security Agreement dated as of July 19, 2006 among KITTY HAWK, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), KITTY HAWK CARGO, INC., a corporation organized under the laws of the State of Delaware (“Cargo”), KITTY HAWK AIRCARGO, INC., a corporation organized under the laws of the State of Texas (“Aircargo”), KITTY HAWK GROUND, INC., a corporation organized under the laws of the State of Delaware (“Ground”) (Holdings, Cargo, Aircargo and Ground, each a “Borrower”, and collectively “Borrowers”), the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lenders” and individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
