PASSUR Aerospace, Inc. - FORM 10-K - EX-10.24 - COMMITMENT OF G.S. BECKWITH GILBERT, DATED JANUARY XX, 2019. - January 29, 2019

Attached files

file filename
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - PASSUR Aerospace, Inc.exh32_2.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS - PASSUR Aerospace, Inc.ex32_1.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) OR 15D-14(A) - PASSUR Aerospace, Inc.exh31_2.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) OR 15D-14(A) - PASSUR Aerospace, Inc.exh31_1.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. - PASSUR Aerospace, Inc.exh23_1.htm
EX-10.23 - SECURE PROMISSORY NOTE, DATED AS OF JANUARY XX, 2019, FROM PASSUR AEROSPACE, INC - PASSUR Aerospace, Inc.exh10_23.htm
EX-10.22 - DEBT EXTENSION AGREEMENT, DATED AS OF JANUARY XX, 2019, BY AND BETWEEN PASSUR AE - PASSUR Aerospace, Inc.exh10_22.htm
10-K - 10K - PASSUR Aerospace, Inc.passur.htm
Exhibit 10.24


Field Point Capital Management Company
One Landmark Square, Suite 1900
Stamford, CT 06901


January 29, 2019
PASSUR Aerospace, Inc.
One Landmark Square, Suite 1900
Stamford, CT 06901

As Chairman of the Board as well as the principal shareholder of PASSUR Aerospace, Inc. (“PASSUR Aerospace” or the “Company”), I make the following commitment to the Company with respect to the period from the date of this commitment through January 29, 2020.

Liquidity

I commit that if the Company at any time is unable to meet its obligations through January 29, 2020, that I will provide the necessary continuing financial support to the Company to ensure the Company’s ability to operate as a going concern through the period ending January 29, 2020. Such continuing support may take the form of additional loans or advances to PASSUR Aerospace in addition to the deferral of principal and/or interest payments due on outstanding loans to PASSUR Aerospace as referred to above.

These commitments are not conditional and are irrevocable through the period ending January 29, 2020.

I, G.S. Beckwith Gilbert, having the financial wherewithal to enter into this irrevocable commitment, make the above commitments to the Company and its shareholders.


/s/ G.S. Beckwith Gilbert
G.S. Beckwith Gilbert
President

PASSUR Aerospace, Inc. Reports