reimburse
Lender for all reasonable costs and expenses,
including legal fees, incurred by
Lender in connection
with the drafting,
negotiation,
execution and closing of
this Agreement.
21. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their
respective
successors and
assigns.
22.
RELEASE
OF
CLAIMS.
TO
INDUCE
LENDER
TO
ENTER
INTO
THIS
AGREEMENT, EACH OBLIGOR HEREBY RELEASES,
ACQUITS AND FOREVER DISCHARGES LENDER,
AND LENDER'S OFFICERS,
DIRECTORS,
AGENTS,
EMPLOYEES,
SUCCESSORS AND ASSIGNS,
FROM ALL LIABILITIES,
CLAIMS, DEMANDS,
ACTIONS OR CAUSES OF ACTION OF ANY KIND
(IF ANY THERE
BE),
WHETHER
ABSOLUTE
OR
CONTINGENT,
DUE OR TO
BECOME
DUE,
DISPUTED OR
UNDISPUTED,
LIQUIDATED OR
UNLIQUIDATED,
AT LAW OR IN EQUITY,
OR
KNOWN OR UNKNOWN, THAT ANY ONE OR MORE OF THEM NOW HAVE OR EVER HAVE HAD AGAINST
LENDER, WHETHER ARISING UNDER OR IN CONNECTION WITH ANY OF THE LOAN DOCUMENTS OR
OTHERWISE.
23.
WAIVER
OF JURY
TRIAL.
TO THE
FULLEST
EXTENT
PERMITTED
BY
APPLICABLE LAW, THE PARTIES HERETO EACH HEREBY WAIVES THE RIGHT TO TRIAL BY JURY
IN ANY ACTION, SUIT OR PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR
ANY OF THE LOAN DOCUMENTS.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be duly executed and delivered as of the date first written above.
ATTEST:
LYNCH SYSTEMS, INC.
("Borrower")
/s/
By:
/s/
Secretary
Title:
____________________________
ATTEST:
LYNCH CORPORATION
("Guarantor")
/s/
By:
Witness
Title:
/s/
____________________________
-11-
Accepted on June 29, 2005.
SUNTRUST BANK
("Lender")
By:
Title:
/s/
____________________________
-12-