TERM LOAN AGREEMENT Dated as of December 20, 2010 by and among CONTAINER APPLICATIONS LIMITED (as “Borrower”) CAI INTERNATIONAL, INC. (as a “Guarantor”) THE LENDERS LISTED ON SCHEDULE 1 HERETO and ING BANK N.V. as Administrative Agent (the...Term Loan Agreement • December 23rd, 2010 • CAI International, Inc. • Services-equipment rental & leasing, nec • New York
This TERM LOAN AGREEMENT is made as of December 20, 2010 (this “Loan Agreement”), by and among CONTAINER APPLICATIONS LIMITED, a corporation organized under the laws of Barbados having its principal place of business at Suite 102, Bush Hill, Bay Street, St. Michael, Barbados, West Indies (“CAL” or the “Borrower”), CAI INTERNATIONAL, INC., a Delaware corporation having its principal place of business at Steuart Tower, 1 Market Plaza, Suite 900, San Francisco, CA 94105 (“CAI”), the lending institutions from time to time listed on Schedule 1 hereto (the “Lenders”), ING BANK N.V., as administrative agent for itself and the other Lenders (in such capacity, the “Administrative Agent”), and ING BANK N.V., acting as Mandated Lead Arranger and Physical Bookrunner.
GUARANTYGuaranty • December 23rd, 2010 • CAI International, Inc. • Services-equipment rental & leasing, nec
This GUARANTY, dated as of December 20, 2010 (this “Guaranty”), is made by and among, CONTAINER APPLICATIONS INTERNATIONAL (U.K.) LIMITED, a company organized under the laws of the United Kingdom, CONTAINER APPLICATIONS INTERNATIONAL, LTD., a company organized under the laws of Japan, CONTAINER APPLICATIONS (MALAYSIA) SDN BDH, a company organized under the laws of Malaysia, SKY CONTAINER TRADING LIMITED, a company organized under the laws of the United Kingdom, SKY DOMESTIC CONTAINER LEASING LIMITED, a company organized under the laws of the United Kingdom, CAI CONSENT SWEDEN AB, a company organized under the laws of Sweden, CAI CONSENT GERMANY GMBH, a company organized under the laws of Germany, and each a Foreign Subsidiary of Container Applications Limited (“CAL” or the “Borrower”), and CAI INTERNATIONAL, INC. (“CAI International”), which, after the date hereof, are required to become a Guarantor pursuant to §8.14 or §8.15 of the Loan Agreement (as defined below) (collectively, the
