AMENDED AND RESTATED TRUST AGREEMENTTrust Agreement • November 20th, 2018 • Air T Inc • Air courier services • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of _________, 2018, among (i) Air T, Inc., a Delaware corporation (including any successors or assigns, the “Depositor”), (ii) Delaware Trust Company, a Delaware state chartered trust company duly organized and existing under the laws of the State of Delaware, as property trustee (the “Property Trustee”), (iii) Delaware Trust Company, a Delaware state chartered trust company duly organized and existing under the laws of the State of Delaware, as Delaware trustee (the “Delaware Trustee,” and (iv) Brett Reynolds, an individual, and Mark Jundt, an individual, each of whose address is c/o Air T, Inc. (each an “Administrative Trustee” and collectively the “Administrative Trustees”) (the Property Trustee, the Delaware Trustee and the Administrative Trustees referred to collectively as the “Trustees”).
CAPITAL SECURITIES GUARANTEE AGREEMENT AIR T, INC. AND DELAWARE TRUST COMPANY DATED: _________, 2018Capital Securities Guarantee Agreement • November 20th, 2018 • Air T Inc • Air courier services • Delaware
This GUARANTEE AGREEMENT (the “Capital Securities Guarantee”), dated as of ______, 2018, is executed and delivered by Air T, Inc., a Delaware corporation (the “Guarantor”), and Delaware Trust Company, a Delaware chartered trust company, as trustee (the “Capital Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Air T Funding, a Delaware statutory trust (“Air T Funding”).
WARRANT AGENCY AGREEMENTWarrant Agency Agreement • November 20th, 2018 • Air T Inc • Air courier services • New York
WARRANT AGENCY AGREEMENT, dated as of ____________, 2018 (“Agreement”), between Air T Funding, a Delaware statutory trust (the “Company”) and Delaware Trust Company, a Delaware chartered trust company, (the “Warrant Agent”).
AGREEMENT AS TO EXPENSES AND LIABILITIESAgreement as to Expenses and Liabilities • November 20th, 2018 • Air T Inc • Air courier services • Minnesota
AGREEMENT dated as of ____________, 2018, between Air T, Inc., a Delaware corporation (“AIR T”), and Air T Funding, a Delaware statutory trust (the “Trust”).
AIR T, INC.8.0% Junior Subordinated Debenture • November 20th, 2018 • Air T Inc • Air courier services
Air T, Inc., a Delaware corporation (the “Company”, which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to Delaware Trust Company, as Property Trustee, or registered assigns, the principal sum of [___________ (________)] on [__________, 2048], which date may be shortened as provided in the Indenture (such date, as it may be shortened, the “Stated Maturity”), and to pay interest on said principal sum from the most recent interest payment date (each such date, an “Interest Payment Date”) to which interest has been paid or duly provided for, quarterly (subject to deferral as set forth herein) in arrears on the 15th day of February, May, August, and November in each year commencing on the first such payment date that is at least 90 days after the Issuance Date at the rate of 8.0% per annum, until the principal hereof shall have become due and payable, and on any overdue principal and (without duplication and
INTERIM TRUST AGREEMENT OF AIR T FUNDINGInterim Trust Agreement • November 20th, 2018 • Air T Inc • Air courier services • Delaware
This interim trust agreement (“Agreement”) is entered into as of September 27, 2018 by and among (i) Air T, Inc., a Delaware corporation (including any successors or assigns, “Air T” or the “Grantor”), (ii) Delaware Trust Company, a Delaware state chartered trust company duly organized and existing under the laws of the State of Delaware, as Delaware trustee (the “Delaware Trustee”), and (iv) Brett Reynolds, an individual, and Mark Jundt, an individual, each of whose address is c/o Air T, Inc. (each an “Operating Trustee” and collectively the “Operating Trustees”) (the Delaware Trustee and the Operating Trustees referred to collectively as the “Trustees”) pursuant to which Air T Funding (the “Trust”) is formed.
SUBSCRIPTION AGREEMENTSubscription Agreement • November 20th, 2018 • Air T Inc • Air courier services
SUBSCRIPTION AGREEMENT, dated as of ______, 2018 (this “Agreement”), between Air T Funding, a statutory trust created under the laws of the State of Delaware (the “Trust”), and Air T, Inc., a Delaware corporation (the “Buyer”).
