AirNet Systems, Inc. Undertaking to Furnish Debt Instruments to SEC (March 31, 2008)

Summary

AirNet Systems, Inc. has notified the Securities and Exchange Commission that, while filing its 2007 Annual Report, it agrees to provide copies of certain long-term debt agreements upon request. These agreements define the rights of holders of AirNet's and its subsidiaries' long-term debt, which are not included as exhibits because the related debt does not exceed 10% of the company's total consolidated assets. This letter is a formal undertaking to comply with SEC regulations regarding disclosure of material debt instruments.

EX-4.52 2 l30803aexv4w52.htm EX-4.52 EX-4.52  

EXHIBIT 4.52
[AirNet Systems, Inc. Letterhead]
March 31, 2008
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
     Re: AirNet Systems, Inc. – Annual Report on Form 10-K for the fiscal year ended December 31, 2007
Ladies and Gentlemen:
AirNet Systems, Inc., an Ohio corporation (“AirNet”), is today filing with the Securities and Exchange Commission (the “Commission”) the Annual Report on Form 10-K of AirNet for the fiscal year ended December 31, 2007 (the “Form 10-K”).
Pursuant to the provisions of Item 601(b)(4)(iii) of Regulation S-K, AirNet hereby agrees to furnish to the Commission, upon request, copies of those instruments and agreements defining the rights of holders of long-term debt of AirNet and the rights of holders of long-term debt of AirNet’s consolidated subsidiaries, which are not being filed as exhibits to the Form 10-K or incorporated by reference in the Form 10-K . Such long-term debt does not exceed 10% of the total assets of AirNet and its subsidiaries on a consolidated basis.
Very truly yours,
AIRNET SYSTEMS, INC.
/s/ Ray L. Druseikis
Ray L. Druseikis
Vice President of Finance and Controller;
Interim Chief Financial Officer, Treasurer and Secretary