FIFTH CHANGE IN TERMS AGREEMENTFifth Change in Terms Agreement • November 17th, 2006 • Airnet Systems Inc • Air transportation, scheduled • Ohio
THIS FIFTH CHANGE IN TERMS AGREEMENT (this “Change in Terms”), is made and entered into effective as of November 10, 2006, by and between AirNet Systems, Inc., an Ohio corporation (“Borrower”) and The Huntington National Bank, a national banking association, with a banking office at 41 South High Street, Columbus, Ohio 43215, in its capacity as administrative agent (“Agent”) for and on behalf of the Lenders from time to time party to the Credit Agreement described below. Each capitalized term used but not otherwise defined herein shall have the meaning ascribed to it in the Credit Agreement.
November 10, 2006 Joel E. Biggerstaff, Chief Executive Officer via hand delivery AirNet Systems, Inc. 3939 International Gateway Columbus, OH 43219 Re: AirNet Systems, Inc. (“AirNet”) Credit Facilities Dear Mr. Biggerstaff:Credit Agreement • November 17th, 2006 • Airnet Systems Inc • Air transportation, scheduled
We refer to that certain Amended and Restated Credit Agreement (as from time to time amended, the “Credit Agreement”) dated May 28, 2005, by and among AirNet, The Huntington National Bank, as agent for and on behalf of the lenders from time to time party thereto (in such capacity, herein “Agent”), JPMorgan Chase Bank, N.A., successor by merger to Bank One, N.A. (Main Office Columbus) (“Chase”) and The Huntington National Bank as a lender and the LC Issuer (in such capacity, herein “Huntington”). Each capitalized term used but not otherwise defined in this letter agreement shall have the meaning ascribed to it in the Credit Agreement.
