GUARANTY AGREEMENTGuaranty Agreement • January 6th, 2020 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
This Guaranty Agreement (as may be amended, restated, or otherwise modified from time to time, “Guaranty Agreement”), is executed and delivered on December 31, 2019, by each of the guarantors identified on the signature pages hereto (each, together with its successors and permitted assigns, a “Guarantor” and collectively the “Guarantors”) in favor of STERLING NATIONAL BANK, a national banking association (in such capacity, together with its successors and assigns, the “Lender”).
LOAN AND SECURITY AGREEMENT by and among AIR INDUSTRIES MACHINING, CORP., NASSAU TOOL WORKS, INC., and THE STERLING ENGINEERING CORPORATION, as Borrowers, AIR INDUSTRIES GROUP and AIR REALTY GROUP, LLC, each as a Guarantor and a Credit Party, and...Loan and Security Agreement • January 6th, 2020 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
This Loan and Security Agreement is executed and entered into as of December 31, 2019, by and among (a) AIR INDUSTRIES MACHINING, CORP., a New York corporation (“AIM”), NASSAU TOOL WORKS, INC., a New York corporation (“NTW”), and THE STERLING ENGINEERING CORPORATION, a Connecticut corporation (“Engineering”), as Borrowers (as such term is hereinafter defined), (b) AIR INDUSTRIES GROUP, a Nevada corporation (together with its successors and permitted assigns, “Parent”), and AIR REALTY GROUP, LLC, a Connecticut limited liability company (“Realty”), each as a Guarantor and a Credit Party (as such terms are hereinafter defined), and (c) STERLING NATIONAL BANK, a national banking association (together with its successors and permitted assigns, the “Lender”).
PLEDGE AGREEMENTPledge Agreement • January 6th, 2020 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
THIS PLEDGE AGREEMENT is entered into effective as of December 31, 2019, by and between (a) STERLING NATIONAL BANK (herein called the “Secured Party”) and (b) the pledgors identified on the signature pages hereto (whether one or more, each, together with its successors and permitted assigns, a “Pledgor” and collectively, the “Pledgors”).
