PROMISSORY NOTEPromissory Note • January 20th, 2015 • Industrial Services of America Inc • Sanitary services • Kentucky
GUARANTY OF PAYMENTGuaranty of Payment • January 20th, 2015 • Industrial Services of America Inc • Sanitary services • Kentucky
This GUARANTY OF PAYMENT is dated as of January 15, 2015 (this “Guaranty”), and executed by INDUSTRIAL SERVICES OF AMERICA, INC., a Florida corporation, (the “Guarantor”), to and for the benefit of THE BANK OF KENTUCKY, INC., a Kentucky banking corporation, (the “Lender”).
FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • January 20th, 2015 • Industrial Services of America Inc • Sanitary services • Kentucky
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made and entered into this 15th day of January, 2015, by and among INDUSTRIAL SERVICES OF AMERICA, INC., a Florida corporation (“Parent”), ISA INDIANA, INC., an Indiana corporation (“ISA Inc.”), ISA LOGISTICS LLC, a Kentucky limited liability company (“ISA Logistics”; and, together with Parent and ISA Inc., “Borrowers”), ISA REAL ESTATE, LLC, a Kentucky limited liability company (“ISA Real Estate”), ISA INDIANA REAL ESTATE, LLC, a Kentucky limited liability company (“Indiana Real Estate”), WESSCO, LLC, a Delaware limited liability company (“WESSCO”), 7021 GRADE LANE LLC, a Kentucky limited liability company (“7021 Grade”), 7124 GRADE LANE LLC, a Kentucky limited liability company (“7124 Grade”), 7200 GRADE LANE LLC, a Kentucky limited liability company (“7200 Grade”; and, together with ISA Real Estate, Indiana Real Estate, WESSCO, 7021 Grade, and 7124 Grade, “Guarantors”; and, together with Borrowers, “Loan Parties”), each
SECURITY AGREEMENTSecurity Agreement • January 20th, 2015 • Industrial Services of America Inc • Sanitary services • Kentucky
THIS SECURITY AGREEMENT (this “Agreement”) is made and entered into effective as of January 15, 2015 by WESSCO, LLC, a Delaware limited liability company (“Debtor”), and THE BANK OF KENTUCKY, INC., a Kentucky banking corporation, its successors and assigns, as secured party (“Secured Party”).
AMENDED AND RESTATED SUBORDINATION AGREEMENTSubordination Agreement • January 20th, 2015 • Industrial Services of America Inc • Sanitary services • Kentucky
This Amended and Restated Subordination Agreement (this “Agreement”) is made and entered into effective as of the 15th day of January, 2015 (the “Effective Date”), by and among THE BANK OF KENTUCKY, a Kentucky banking corporation, with an address of 111 Lookout Farm Drive, Crestview Hills, Kentucky 41017 (“Bank of Kentucky”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, with an address of 1100 Abernathy Road, NE, Suite 1600, Atlanta, Georgia 30328, Attention: Joseph L. White (the “Subordinated Lender”), and WESSCO, LLC, a Delaware limited liability company, with an address of 7100 Grade Lane Louisville, Kentucky 40213 (the “Borrower”).
