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Guarantee Acknowledgement • May 5th, 2020 • Delaware

EX-16.2 3 plmgf28k080604ex162.htm GUARANTEE ACKNOWLEDGEMENT GUARANTEE The undersigned guarantor, MILPI Holdings LLC, a Delaware limited liability company ("Guarantor") acknowledges that Cypress Tankcar Leasing III, LLC, a California limited liability company ("Owner"), has agreed to enter into: (i) a Rail Car Purchase and Sale Agreement dated as of August 4, 2004 (the "Purchase Agreement") by and between the Owner and PLM Equipment Growth Fund Liquidating Trust, a grantor trust organized under the laws of the State of Delaware, PLM Equipment Growth Fund II Liquidating Trust, a grantor trust organized under the laws of the State of Delaware, and PLM Equipment Growth Fund IV Liquidating Trust, a grantor trust organized under the laws of the State of Delaware (each a "Seller" and collectively referred to as "Sellers"), (ii) a Rail Car Management Agreement dated as of July 1, 2004 (the "Management Agreement") by and between the Owner, Transportation Equipment-PLM LLC, a Delaware limited li