EX-10.26
from 10-K
11 pages
1. Guaranty. Guarantor Hereby Unconditionally and Irrevocably Guarantees to Lender the Full and Prompt Payment When Due (Whether at Stated Maturity, Declaration, Acceleration, Demand or Otherwise) and Performance of the Indebtedness, Liabilities and Other Obligations of Company to Lender, Under or in Connection With the Loan Agreement, the Note and the Other Loan Documents or Any Other Documents or Instruments Executed or Delivered in Connection Therewith, Including Interest That Accrues After the Commencement by or Against Company or Guarantor of Any Insolvency Proceeding. the Terms “Indebtedness,” “Liabilities” and “Obligations” Are Used Herein in Their Most Comprehensive Sense and Include Any and All Advances, Debts, Obligations and Liabilities, Now Existing or Hereafter Arising, Regardless of by What Instrument, Agreement, Contract or Entry in Lender’s Accounts They May Be Evidenced, or Whether Evidenced by Any Instrument, Agreement, Contract or Entry in Lender’s Accounts, Whether Voluntary or Involuntary and Whether Due or Not Due, Absolute or Contingent, Liquidated or Unliquidated, Determined or Undetermined, and Whether Recovery Upon Such Indebtedness, Liabilities and Obligations May Be or Hereafter Become Unenforceable Under the Bankruptcy Code or Other Applicable Law. the Foregoing Indebtedness, Liabilities and Other Obligations of Company, and All Other Indebtedness, Liabilities and Obligations to Be Paid or Performed by Guarantor in Connection With This Guaranty (Including Any and All Amounts Due Under Section 12 Hereof), Shall Hereinafter Be Collectively Referred to as the “Guaranteed Obligations.”
12/34/56