0001144204-11-003968 Sample Contracts

ABSOLUTE CONTINUING GUARANTY AGREEMENT
Guaranty Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Indiana

This undertaking and agreement (hereinafter referred to as this “Guaranty”) is made by LIGHTYEAR NETWORK SOLUTIONS, LLC, a Kentucky limited liability company (hereinafter referred to as “Guarantor,” whether one or more) in favor of FIRST SAVINGS BANK, F.S.B. (hereinafter referred to as “Lender”) in consideration of the credit accommodations described in this Guaranty made or to be made by Lender to LIGHTYEAR NETWORK SOLUTIONS, INC., a Nevada corporation (hereinafter referred to as “Borrower”). This Guaranty has the following terms:

AutoNDA by SimpleDocs
STOCK PLEDGE AGREEMENT
Stock Pledge Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Indiana

THIS STOCK PLEDGE AGREEMENT (hereinafter referred to as this “Agreement”) is made this 21st day of January, 2011, by LY HOLDINGS, LLC, a Kentucky limited liability company (hereinafter referred to as “Pledgor”) in favor of FIRST SAVINGS BANK, F.S.B. (hereinafter referred to as “Creditor”).

AGREEMENT
Guaranty Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Kentucky

THIS AGREEMENT (the “Agreement”) is made and entered into as of this 21st day of January, 2011, by and between (i) LIGHTYEAR NETWORK SOLUTIONS, INC. (“LNS”) and (ii) RONALD L. CARMICLE (“Carmicle”).

SUBORDINATION AND SECURITY AGREEMENT
Subordination and Security Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Kentucky

THIS SUBORDINATION AND SECURITY AGREEMENT (this “Agreement”) is made, entered into and effective as of the 12th day of February, 2010 by and between (i) LY Holdings, LLC, a Kentucky limited liability company (“LYH”), and (ii) Libra Alliance Corporation, a Nevada corporation (“Libra”).

LOCKBOX AND ACCOUNT CONTROL AGREEMENT
Lockbox and Account Control Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Ohio

THIS LOCKBOX AND ACCOUNT CONTROL AGREEMENT (this “Agreement”) is made as of January 21, 2011, by and among Lightyear Network Solutions, LLC (the “Depositor”), Fifth Third Bank, an Ohio banking corporation (the “Bank”), and First Savings Bank, F.S.B. (the “Factor”).

COLLATERAL RELEASE AGREEMENT
Collateral Release Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Kentucky

THIS COLLATERAL RELEASE AGREEMENT (this “Agreement”) is made and entered into as of the 21st day of January, 2011, by and among (i) LY HOLDINGS, LLC, a Kentucky limited liability company (“LYH”), (ii) LIGHTYEAR NETWORK SOLUTIONS, LLC, a Kentucky limited liability company (“Lightyear”), (iii) LIGHTYEAR NETWORK SOLUTIONS, INC., a Nevada corporation (“LNS”), (iv) CHRIS T. SULLIVAN, individually (“Sullivan”), (v) CTS EQUITIES, LIMITED PARTNERSHIP, a Nevada limited partnership (“CTS”), and (vi) RIGDON O. DEES, III, individually, (“Dees,” together with Lightyear, LNS, Sullivan and CTS, the “Releasing Parties”).

SECURITY AGREEMENT
Security Agreement • January 25th, 2011 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Indiana

This Security Agreement (hereinafter referred to as the “Agreement”) is made this 21st day of January, 2011, by and between LIGHTYEAR NETWORK SOLUTIONS, LLC, a Kentucky limited liability company, having an address of 1901 Eastpoint Parkway, Louisville, Kentucky 40223 (hereinafter referred to as “Pledgor”), and FIRST SAVINGS BANK, F.S.B., having an address of 501 East Lewis and Clark Parkway, Clarksville, Indiana 47129 (hereinafter referred to as “Secured Party”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!