FOURTH AMENDED AND RESTATED GUARANTY AGREEMENTGuaranty Agreement • April 1st, 2016 • Pam Transportation Services Inc • Trucking (no local) • Tennessee
THIS GUARANTY SHALL BE A CONTINUING, ABSOLUTE AND UNCONDITIONAL GUARANTY, and shall remain in full force and effect until the Indebtedness (and interest thereon and expenses in connection therewith), and all renewals, modifications, or extensions thereof, in whole or in part, shall have been fully paid and satisfied and shall remain in full force and effect until written notice of its discontinuance, addressed to the President of the Bank, shall be actually received by the Bank (the burden of proof of receipt by the Bank of such notice being in all cases upon the Guarantor), and also until any and all said indebtedness, or any extensions or renewals thereof, existing before receipt of such notice, and expenses in connection therewith, shall be fully paid. Regardless of when a renewal or extension of pre-termination debt occurs (with or without adjustment of interest rate or other terms), the debt is deemed to have been incurred prior to termination to the extent of the renewal or exten
AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • April 1st, 2016 • Pam Transportation Services Inc • Trucking (no local) • Tennessee
THIS AMENDED AND RESTATED LOAN AGREEMENT (“Loan Agreement”) is made this 28th day of March, 2016, by and among P.A.M. TRANSPORT, INC., a corporation organized and existing under the laws of Arkansas, whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (hereinafter called the “Borrower”), FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the statutes of the United States of America, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103 (hereinafter called the “Bank”), and P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (hereinafter called the “Guarantor”).
AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • April 1st, 2016 • Pam Transportation Services Inc • Trucking (no local) • Tennessee
THIS AMENDED AND RESTATED SECURITY AGREEMENT entered into this 28th day of March, 2016, by and between P.A.M. TRANSPORT, INC., an Arkansas corporation, whose address is 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (“Grantor”), and FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association whose address is 165 Madison Avenue, Memphis, Tennessee 38103, Attention: First Tennessee Business Credit (“Bank”).
