SECURITY AGREEMENTSecurity Agreement • February 4th, 2016 • Monro Muffler Brake Inc • Services-automotive repair, services & parking • New York
THIS SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement ") is executed as of January 25, 2016, by (i) MONRO MUFFLER BRAKE, INC., a New York corporation ("Borrower"), (ii) each Guarantor (as defined in the Credit Agreement referred to below) that is a signatory hereto (each such Guarantor, together with each Additional Debtor (defined below) that becomes a party hereto pursuant to SECTION 11(f) hereof and together with Borrower, collectively, the "Debtors" and, individually, each a “Debtor”), for the benefit of Citizens Bank, N.A., as Administrative Agent (in such capacity, "Secured Party") for the Lenders ("Lenders") party to the Credit Agreement (as defined below).
NEGATIVE PLEDGE AGREEMENTNegative Pledge Agreement • February 4th, 2016 • Monro Muffler Brake Inc • Services-automotive repair, services & parking • New York
This NEGATIVE PLEDGE AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this "Agreement") is executed as of January 25, 2016 by MONRO MUFFLER BRAKE, INC., a New York corporation ("Borrower"), MONRO SERVICE CORPORATION, a Delaware corporation ("Monro Service"), and CAR-X, LLC, a Delaware limited liability company (together with Borrower and Monro Service, collectively, the "Companies", and each individually a “Company”) to and for the benefit of CITIZENS BANK, N.A., as administrative agent (in such capacity, "Administrative Agent") for the Lenders ("Lenders") party to the Credit Agreement (defined below).
GUARANTYGuaranty • February 4th, 2016 • Monro Muffler Brake Inc • Services-automotive repair, services & parking • New York
THIS GUARANTY, dated as of January 25, 2016 (as the same may be amended, restated or otherwise modified from time to time, this “Guaranty”), is made by (i) each of the undersigned (each, a “Guarantor” and collectively, the “Guarantors”, and such terms shall include any Additional Guarantor that becomes a party to this Guaranty pursuant to the terms hereof or the Credit Agreement (as defined below)), with (ii) CITIZENS BANK, N.A., as Administrative Agent (herein, together with its successors and assigns in such capacity, the “Administrative Agent”) for the benefit of the Lenders (as defined below).
