CREDIT LINE NOTECredit Line Note • June 10th, 2004 • McGrath Rentcorp • Services-equipment rental & leasing, nec
FOR VALUE RECEIVED, on July 2, 2007, the undersigned (“Borrower”) promises to pay to the order of UNION BANK OF CALIFORNIA, N.A. (“Bank”), as indicated below, the principal sum of Five Million Dollars ($5,000,000), or so much thereof as is disbursed, together with interest on the balance of such principal sum from time to time outstanding, at a per annum rate equal to the Reference Rate, such per annum rate to change as and when the Reference Rate shall change.
INDEMNITY, CONTRIBUTION AND SUBORDINATION AGREEMENTIndemnity, Contribution and Subordination Agreement • June 10th, 2004 • McGrath Rentcorp • Services-equipment rental & leasing, nec • New York
This INDEMNITY, CONTRIBUTION AND SUBORDINATION AGREEMENT (this “Agreement”), dated as of June 2, 2004, is entered into among Enviroplex, Inc., a California corporation, Mobile Modular Management Corporation, a California corporation, and such other Persons who from time to time become parties hereto in accordance with Section 9 of this Agreement, collectively, the “Guarantors” and individually, a “Guarantor”) and McGrath RentCorp, a California corporation (the “Company”). The Company and the Guarantors are sometimes referred to herein as the “Credit Parties”.
FIRST AMENDMENT AND WAIVER TO ASSET PURCHASE AGREEMENTAsset Purchase Agreement • June 10th, 2004 • McGrath Rentcorp • Services-equipment rental & leasing, nec • Delaware
This FIRST AMENDMENT AND WAIVER dated as of June 2, 2004 to the Asset Purchase Agreement dated as of May 2, 2004 (the “Agreement”) by and among McGrath RentCorp, a California corporation (“US Buyer”), TRS-RenTelco Inc., a British Columbia corporation formerly known as Baseball II Acquisition Inc. (“Canadian Buyer”) and a wholly owned subsidiary of US Buyer (US Buyer and Canadian Buyer each being sometimes referred to herein as a “Buyer” and collectively as “Buyers”), CIT Group Inc., a Delaware corporation (“CIT”), Technology Rentals & Services, a division of CIT Technologies Corporation, a Michigan corporation (“CIT Technologies”) and an indirect wholly owned subsidiary of CIT, and CIT Financial Ltd., an Ontario corporation (“CIT Canada”) and an indirect wholly owned subsidiary of CIT (CIT Technologies and CIT Canada each being sometimes referred to herein as a “Seller” and collectively as “Sellers”). Capitalized terms used herein without definition shall have the meetings respectively
ASSET PURCHASE AGREEMENT DATED AS OF MAY 2, 2004 AMONG MCGRATH RENTCORP, A CALIFORNIA CORPORATION, BASEBALL II ACQUISITION INC., A BRITISH COLUMBIA CORPORATION, CIT GROUP INC., A DELAWARE CORPORATION, TECHNOLOGY RENTALS & SERVICES, A DIVISION OF CIT...Asset Purchase Agreement • June 10th, 2004 • McGrath Rentcorp • Services-equipment rental & leasing, nec • Delaware
ASSET PURCHASE AGREEMENT, dated as of May 2, 2004, among McGrath RentCorp, a California corporation (“US Buyer”), Baseball II Acquisition Inc., a British Columbia corporation (“Canadian Buyer”) and a wholly owned subsidiary of US Buyer (US Buyer and Canadian Buyer each being sometimes referred to herein as a “Buyer” and collectively as “Buyers”), CIT Group Inc., a Delaware corporation (“CIT”), Technology Rentals & Services, a division of CIT Technologies Corporation, a Michigan corporation (“CIT Technologies”) and an indirect wholly owned subsidiary of CIT, and CIT Financial Ltd., an Ontario corporation (“CIT Canada”) and an indirect wholly owned subsidiary of CIT (CIT Technologies and CIT Canada each being sometimes referred to herein as a “Seller” and collectively as “Sellers”).
THIRD AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • June 10th, 2004 • McGrath Rentcorp • Services-equipment rental & leasing, nec • California
THIS THIRD AMENDED AND RESTATED CREDIT AGREEMENT dated as of May 7, 2004 is entered into by and among McGRATH RENTCORP, a California corporation (the “Borrower”), the banks listed on the signature pages hereof (individually a “Bank” and collectively “Banks”), and UNION BANK OF CALIFORNIA, N.A., as agent (the “Agent”) for Banks.
MULTIPARTY GUARANTYMultiparty Guaranty • June 10th, 2004 • McGrath Rentcorp • Services-equipment rental & leasing, nec • New York
This MULTIPARTY GUARANTY (“Guaranty”), dated as of June 2, 2004, is made jointly and severally by ENVIROPLEX, INC., MOBILE MODULAR MANAGEMENT CORPORATION and each of the other Persons that from time to time becomes an Additional Guarantor pursuant to the terms of Section 13 of this Guaranty (each a “Guarantor” and collectively the “Guarantors”), in favor of the holders of Series A Notes (as defined below), Prudential Investment Management, Inc. (“PIM”) and the holders of Shelf Notes (as defined below) which may be issued pursuant to the Note Agreement (as defined below) (the holders of Series A Notes, PIM and the holders of Shelf Notes each being referred to herein as a “Beneficiary” and collectively, as the “Beneficiaries”). Capitalized terms used but not defined herein shall have the meanings given to them in the Note Agreement (as defined below).
