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EXHIBIT 10.16 (c)
AMENDMENT NO. 8
TO
LOAN AND SECURITY AGREEMENT
THIS AMENDMENT NO. 8 TO LOAN AND SECURITY AGREEMENT (this "Amendment"), dated as of the 2nd day of
November, 2005, made by and between
BANK OF AMERICA, N.A. (successor by assignment from Banc of America Leasing & Capital, LLC, successor by
merger with FCC Transition LLC which in turn was the successor by merger with Fleet Capital Corporation), a national banking
association (the "Lender"); and
CHAUTAUQUA AIRLINES, INC. , an Indiana corporation (successor by merger with Chautauqua Airlines, Inc., a New York
corporation) (the "Borrower"),
to the Loan and Security Agreement, dated December 9, 1998 (as amended, modified, restated or supplemented from time to time, the
"Loan Agreement") between the Borrower and the Lender. All capitalized terms used herein without definition shall have the
meanings ascribed to such terms in the Loan Agreement.
RECITALS
A. Pursuant to the Loan Agreement, the Lender has agreed to make loans and extend credit to the Borrower secured by the
Collateral.
B. The Borrower has requested that the Loan Agreement be modified to eliminate a Change of Control as one of the
enumerated Events of Default under the Loan Agreement.
C. The Lender has agreed to such request and to accomplish the foregoing, the Borrower and the Lender have agreed to
amend the Loan Agreement as set forth herein.
STATEMENT OF AGREEMENT
NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of
which are hereby expressly acknowledged, the Borrower and the Lender hereby agree as follows:
Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, February 27, 2006 Powered by Morningstar® Document Research℠