Joinder Agreement to Note Purchase Agreement by PTS Aviation, LLC as Subsidiary Guarantor

Summary

This agreement, dated March 30, 2022, adds PTS Aviation, LLC as a Subsidiary Guarantor to the existing Note Purchase Agreement originally dated April 4, 2019, involving Dynasty Acquisition Co., Inc., Dynasty Intermediate Co., Inc., and other parties. By signing, PTS Aviation, LLC agrees to guarantee the obligations under the Note Purchase Agreement related to the $640 million Senior Unsecured PIK Toggle Notes due 2027, assuming the same rights and responsibilities as the original Subsidiary Guarantors.

EX-4.7 7 d838237dex47.htm EX-4.7 EX-4.7

Exhibit 4.7

COUNTERPART FOR ADDITIONAL GUARANTORS

March 30, 2022

Reference is made to the Note Purchase Agreement, dated as of April 4, 2019 (the “Note Purchase Agreement”), among, inter alios, DYNASTY ACQUISITION CO., INC., a Delaware corporation (the “Issuer”), DYNASTY INTERMEDIATE CO., INC., a Delaware corporation (“Holdings”), the other Guarantors from time to time party thereto (the “Guarantors”) and, for purposes of certain sections thereof only, DYNASTY PARENT HOLDINGS, L.P., a Delaware limited partnership, and DYNASTY PARENT CO., INC., a Delaware corporation, as the TopCos (“TopCos”), relating to the offer and sale by the Issuer of $640,000,000 in aggregate principal amount of its Senior Unsecured PIK Toggle Notes due 2027 (the “Notes”). Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Note Purchase Agreement.

Pursuant to Section 7.5 of the Note Purchase Agreement, the undersigned hereby joins and becomes party to the Note Purchase Agreement as a Subsidiary Guarantor and shall be entitled to the full benefit and be subject to the obligations of the Note Purchase Agreement as a Subsidiary Guarantor thereunder as though the undersigned were initially party thereto as a Subsidiary Guarantor.

[Signature Pages Follow]


IN WITNESS WHEREOF, the undersigned has caused this counterpart to be duly executed and delivered as of the date first above written.

 

PTS AVIATION, LLC
By:  

/s/ Michael Scott

  Name: Michael Scott
  Title:  Chief Financial Officer and Treasurer

[Signature Page to Joinder to Note Purchase Agreement (Senior Unsecured PIK Toggle Notes)]