EX-10.5
from 8-K
9 pages
1. Guaranty. Guarantor Absolutely, Unconditionally and Irrevocably Guarantees to Lender the Full and Prompt Payment When Due (Whether at Stated Maturity or Earlier, by Reason of Acceleration or Otherwise), and at All Times Thereafter, and the Full and Prompt Performance When Due, of the Guaranteed Obligations (As Defined Herein), Strictly in Accordance With the Terms of This Guaranty, the Credit Agreement and the Other Loan Documents. if at Any Time Borrower Fails, Neglects, or Refuses to Pay When Due or Perform When Due Any of the Guaranteed Obligations, Then Guarantor Shall Pay or Perform or Cause to Be Performed Such Guaranteed Obligations as Required Under the Terms and Conditions of This Guaranty and the Loan Documents. 2. Guaranteed Obligations. the Term "Guaranteed Obligations" Means: (A) All Obligations (As Defined in the Credit Agreement), Including the Real Estate Term Loan Note Dated as of the Date of This Guaranty, From Borrower to Lender in the Original Principal Amount of $14,500,000.00;
12/34/56