LOAN AGREEMENT dated as of March 9, 2007 by and among CARROLS CORPORATION, as Borrower, THE LENDERS NOW OR HEREAFTER PARTIES HERETO, BANK OF AMERICA, N.A., as Syndication Agent, RAYMOND JAMES BANK, FSB, WELLS FARGO BANK NATIONAL ASSOCIATION AND...Loan Agreement • March 13th, 2007 • Carrols Restaurant Group, Inc. • Retail-eating places • New York
THIS LOAN AGREEMENT is made and entered into as of March 9, 2007 (the “Effective Date”), by and among CARROLS CORPORATION, a Delaware corporation (together with its permitted successors, herein called the “Borrower”); each of the lenders which is or may from time to time become a party hereto (individually, a “Lender” and, collectively, the “Lenders”), BANK OF AMERICA, N.A., as Syndication Agent, RAYMOND JAMES BANK, FSB, WELLS FARGO BANK NATIONAL ASSOCIATION and MANUFACTURERS AND TRADERS TRUST COMPANY, each as a Documentation Agent and WACHOVIA BANK, NATIONAL ASSOCIATION (“Wachovia”), a national banking association, as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Agent”).
PARENT GUARANTY AGREEMENT dated as of March 9, 2007 by CARROLS RESTAURANT GROUP, INC., as Parent Guarantor, in favor of WACHOVIA BANK, NATIONAL ASSOCIATION as AgentParent Guaranty Agreement • March 13th, 2007 • Carrols Restaurant Group, Inc. • Retail-eating places • New York
Pursuant to the terms of the Loan Agreement dated as of even date herewith (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”) by and among Carrols Corporation, a Delaware corporation, as borrower (the “Borrower”), the financial institutions who are or may become party thereto (the “Lenders”) and the Agent, the Lenders have agreed to make extensions of credit to the Borrower upon the terms and subject to the conditions set forth therein.
PLEDGE AGREEMENTPledge Agreement • March 13th, 2007 • Carrols Restaurant Group, Inc. • Retail-eating places • New York
THIS PLEDGE AGREEMENT, dated as of March 9, 2007, is made by CARROLS RESTAURANT GROUP, INC., a corporation organized under the laws of Delaware (the “Parent”), and the Subsidiaries of the Parent who are or may become party hereto as pledgors (the “Subsidiary Pledgors” and, together with the Parent, as pledgors, the “Pledgors” and, each individually, a “Pledgor”) and the Issuers and Partnerships/LLCs (each as hereinafter defined) party hereto, in favor of WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association, as administrative agent (the “Agent”), for the ratable benefit of itself and the Secured Parties (as hereinafter defined).
SUBSIDIARY GUARANTY AGREEMENT dated as of March 9, 2007 by and among CERTAIN SUBSIDIARIES OF CARROLS CORPORATION, as Subsidiary Guarantors, in favor of WACHOVIA BANK, NATIONAL ASSOCIATION, as AgentSubsidiary Guaranty Agreement • March 13th, 2007 • Carrols Restaurant Group, Inc. • Retail-eating places • New York
Pursuant to the terms of the Loan Agreement dated as of even date herewith (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”) by and among Carrols Corporation, a Delaware corporation, as borrower (the “Borrower”), the financial institutions who are or may become party thereto (the “Lenders”) and the Agent, the Lenders have agreed to make extensions of credit to the Borrower upon the terms and subject to the conditions set forth therein.
