SECURITY AGREEMENTSecurity Agreement • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport
THIS AGREEMENT, dated as of April 6, 2007, is made by and between PACIFIC CMA, INC., a Delaware corporation (the “Debtor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Secured Party”), acting through its Wells Fargo Business Credit operating division.
GUARANTY BY CORPORATIONGuaranty • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport • New York
This Guaranty, dated as of April 6, 2007, is made by Pacific CMA, Inc, a Delaware corporation (the “Guarantor”), for the benefit of Well Fargo Bank, National Association (with its participants, successors and assigns, the “Lender”), acting through its Wells Fargo Business Credit operating division.
ARTICLE I DEFINITIONS 1Credit and Security Agreement • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport • New York
AIRGATE INTERNATIONAL CORPORATION, a New York corporation (“Airgate NY”), AIRGATE INTERNATIONAL CORPORATION (CHICAGO), an Illinois corporation (“Airgate Chicago”), PARADIGM INTERNATIONAL, INC., a Florida corporation (“Paradigm”) (Airgate NY, Airgate Chicago and Paradigm are each individually a “Borrower” and collectively and individually the “Borrowers”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (as more fully defined in Article I herein, the “Lender”) through its Wells Fargo Business Credit operating division, hereby agree as follows:
COLLATERAL PLEDGE AGREEMENT Date: April 6, 2007Collateral Pledge Agreement • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport
SECURED PARTY: Wells Fargo Bank, National Association, acting through its Wells Fargo Business Credit operating division
GUARANTYGuaranty • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport • New York
THIS GUARANTY, dated as of April 6, 2007, is made by ALFRED LAM (the “Guarantor”) for the benefit of Wells Fargo Bank, National Association (with its participants, successors and assigns, the “Lender”), acting through its Wells Fargo Business Credit operating division.
COLLATERAL PLEDGE AGREEMENT Date: April 6, 2007Collateral Pledge Agreement • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport
REVOLVING NOTERevolving Note • April 12th, 2007 • Pacific Cma Inc • Terminal maintenance facilities for motor freight transport
This Revolving Note is the Revolving Note referenced in the Credit Agreement, and is subject to the terms of the Credit Agreement, which provides, among other things, for acceleration hereof. Principal and interest due hereunder shall be payable as provided in the Credit Agreement, and this Revolving Note may be prepaid only in accordance with the terms of the Credit Agreement. This Revolving Note is secured, among other things, pursuant to the Credit Agreement and the Security Documents as therein defined, and may now or hereafter be secured by one or more other security agreements, mortgages, deeds of trust, assignments or other instruments or agreements.
