Common use of WAIVER OF CO-OBLIGOR'S RIGHTS Clause in Contracts

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22, 1999. GRANTOR: MICRO GENERAL CORPORATION X /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12-22-1999 12-20-2000 155 ------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ BORROWER: MICRO GENERAL CORPORATION LENDER: IMPERIAL BANK 2510 X. XXX XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIAL, INC. (THE "CORPORATION"), HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu of a meeting, the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Lender") on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty").

Appears in 1 contract

Samples: Credit Agreement (Micro General Corp)

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WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22APRIL 1, 19991998. GRANTOR: MICRO GENERAL CORPORATION X R-B RUBBER PRODUCTS, INC. By: /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION Xxxxxx X. Xxxx ------------------------- XXXXXX X. XXXX, PRESIDENT -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- AGREEMENT TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PROVIDE INSURANCE ---------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12285,000.00 04-2201-1999 121998 04-2005-2000 155 ------------------------------------------------------------------------------------------------------------ 2003 5009002 305 E 121729 TLH12 ---------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------- BORROWER: MICRO GENERAL CORPORATION R-B RUBBER PRODUCTS, INC. LENDER: IMPERIAL BANK 2510 X. XXX KEYBANK NATIONAL ASSOCIATION 000 XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX00XX XXXXXX WILLAMETTE VALLEY COMMERCIAL BANKING CENTER. XXXXXXXXXXX, XX 00000 9777 XXXXXXXX XXXX., 0XX SALEM 000 XXXXX XXXXXXX XXXXXX X.X. XXX 0000 XX-00-00-0000 XXXXX, XX 0000000000 ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- INSURANCE REQUIREMENTS. R-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIALB RUBBER PRODUCTS, INC. (THE "CORPORATIONGrantor"), HEREBY CERTIFY THAT ) understands that insurance coverage is required in connection with the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu extending of a meeting, loan or the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) providing of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Grantor by Lender") . These requirements are set forth in the security documents. The following minimum insurance coverages must be provided on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender following described collateral (the "GuarantyCollateral").):

Appears in 1 contract

Samples: Business Loan Agreement (R B Rubber Products Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims disclaims, and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. BORRXXXX XXX GRANTOR ACKNOWLEDGES ACKNOWLEDGE HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND BORROWER AND GRANTOR AGREES AGREE TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22SEPTEMBER 30, 1999. BORROWER: CALIFORNIA BEACH RESTAURANTS, INC., A CALIFORNIA CORPORATION By: /s/ ALAN XXXXXXX ------------------------------------ ALAN XXXXXXX, XXESIDENT GRANTOR: MICRO GENERAL SEA VIEW RESTAURANTS, INC., A CALIFORNIA CORPORATION X By: /s/ [Signature Illegible] X /s/ [Signature Illegible] ALAN XXXXXXX ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ALAN XXXXXXX, XXESIDENT ================================================================================ 23 CORPORATE RESOLUTION 14 AGREEMENT TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PROVIDE INSURANCE ---------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12700,000.00 07-22-1999 12-2006-2000 155 ------------------------------------------------------------------------------------------------------------ 2000314557 5015 XXX ---------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------- BORROWER: MICRO GENERAL CORPORATION CALIFORNIA BEACH RESTAURANTS, INC. LENDER: IMPERIAL BANK 2510 X. XXX XXXX XXXXXXSANTA MONIXX XXXK A CALIFORNIA CORPORATION (TIN: 95-2000000) LOAN SERVICING CENTER 17380 XXXXXX XXXXXXXXX, XXXXX #000 FINANCIAL SERVICES GROUP SANTX XXX0000 0XX XXXXXX XXXXXXX XXXXXXXXX, XX 00000 9777 XXXXXXXX XXXXXXXXX XXXXXX, XX 00000 XXANTOR: SEA VIEW RESTAURANTS, INC., 0XX XXXXX A CALIFORNIA CORPORATION (TIN: 95-4000000) 17380 XXXXXX XXXXXXXXX, #000, XXXXXXX XXXXXXXXXXXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 00000 ==================================================================================================== I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIALINSURANCE REQUIREMENTS. SEA VIEW RESTAURANTS, INC. ., A CALIFORNIA CORPORATION (THE "CORPORATIONGrantor"), HEREBY CERTIFY THAT ) understands that insurance coverage is required in connection with the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu extending of a meeting, loan or the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) providing of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CALIFORNIA BEACH RESTAURANTS, INC., A CALIFORNIA CORPORATION from Imperial Bank ("LenderBorrower") by Lender. These requirements are set forth in the security documents. The following minimum insurance coverages must be provided on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender following described collateral (the "GuarantyCollateral").):

Appears in 1 contract

Samples: Terms Agreement (California Beach Restaurants Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtednessindebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22APRIL 5, 19991994. GRANTOR: MICRO GENERAL CORPORATION VIASAT, INC. X /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer Gregxxx Xxxxxxx ------------------------------------- AUTHORIZED SIGNER =============================================================================== 5 NOTICE OF INSURANCE REQUIREMENTS -------------------------------------------------------------------------------- LOAN DATE LOAN NO. CALL COLLATERAL CUSTOMER NO OFFICER INITIALS 04-05-1994 17650-34733 040 50/51 105 -------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. -------------------------------------------------------------------------------- BORROWER: VIASAT, INC. LENDER: SCRIPPS BANK 2290 XXXXXX XXXXX XX XXXXX XXXXXXXX, XX 00000-0000 7817 XXXXXXX XXXXXX X.X. XXX 0000 XX XXXXX, XX 00000-0000 ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12-22-1999 12-20-2000 155 ------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ BORROWER: MICRO GENERAL CORPORATION LENDER: IMPERIAL BANK 2510 X. XXX XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIAL, INC. (THE "CORPORATION"), HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu of a meeting, the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Lender") on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty").

Appears in 1 contract

Samples: Terms Agreement (Viasat Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22APRIL 1, 19991998. GRANTOR: MICRO GENERAL CORPORATION X R-B RUBBER PRODUCTS, INC. By: /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION Xxxxxx X. Xxxx ------------------------- XXXXXX X. XXXX, PRESIDENT -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- AGREEMENT TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PROVIDE INSURANCE ---------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12315,000.00 04-2201-1999 121998 04-2005-2000 155 ------------------------------------------------------------------------------------------------------------ 2003 9003 305 E 121729 TLH12 ---------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------- BORROWER: MICRO GENERAL CORPORATION R-B RUBBER PRODUCTS, INC. LENDER: IMPERIAL BANK 2510 X. XXX KEYBANK NATIONAL ASSOCIATION 000 XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX00XX XXXXXX WILLAMETTE VALLEY COMMERCIAL BANKING CENTER. XXXXXXXXXXX, XX 00000 9777 XXXXXXXX XXXX., 0XX SALEM 000 XXXXX XXXXXXX XXXXXX X.X. XXX 0000 XX-00-00-0000 XXXXX, XX 0000000000 ---------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------- INSURANCE REQUIREMENTS. R-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIALB RUBBER PRODUCTS, INC. (THE "CORPORATIONGrantor"), HEREBY CERTIFY THAT ) understands that insurance coverage is required in connection with the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu extending of a meeting, loan or the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) providing of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Grantor by Lender") . These requirements are set forth in the security documents. The following minimum insurance coverages must be provided on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender following described collateral (the "GuarantyCollateral").):

Appears in 1 contract

Samples: Business Loan Agreement (R B Rubber Products Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes relinquish all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22MAY 8, 19991998. GRANTORGrantor: MICRO GENERAL CORPORATION X /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized U.S. LABORATORIES, INC. By: /S/ Xxxxxxxxx Xxxxxx ------------------------------------- XXXXXXXXX XXXXXX, President/Secretary -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -13- NORTH COUNTY BANK PROMISSORY NOTE --------------------------------------------------------------------------------------------------------------------------------- Principal Loan Date Maturity Loan No Call Collateral Account Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS Initials $5,000,000.00 121,700,000.00 05-2208-1998 05-01-1999 12110882-202975 530 03-2000 155 ------------------------------------------------------------------------------------------------------------ 427l 169728 179 --------------------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not no limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ BORROWERitem Borrower: MICRO GENERAL CORPORATION LENDER--------------------------------------------------------------------------------------------------------------------------------- U.S. Laboratories, Inc. Lender: IMPERIAL BANK 2510 X. XXX XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXXNorth County Bank 0000 Xxxxx Xxxxxx Business Banking Escondido Xxx Xxxxx, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXX000 X. Xxxxxxxxx Xxxxxxxxx X.X. Xxx 000000 Xxxxxxxxx, XX 00000-0000 XXARANTOR-------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Promissory Amount: FIDELITY NATIONAL FINANCIAL$1,700,000.00 Initial Rate: 8.500% Date of Notice: May 8, INC1998 PROMISE TO PAY. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIALU.S. LABORATORIES, INC. (THE "CORPORATIONBorrower"), HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu of a meeting, the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations promises to MICRO GENERAL CORPORATION from Imperial Bank pay to NORTH COUNTY BANK ("Lender"), or order, in lawful money of the United States of America, the principal amount of One Million Seven Hundred Thousand and 00/100 Dollars ($1,700,000.00) on or so such guarantee or surety terms as may be agreed upon between outstanding, together with interest on the officers or employees unpaid outstanding principal balance of this Corporation and Lender and in such sum or sums each advance. Interest shall be calculated from the date of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount each advance until repayment of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty")each advance.

Appears in 1 contract

Samples: Loan Agreement (U S Laboratories Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22NOVEMBER 30,1998, 1999. GRANTOR: MICRO GENERAL CORPORATION X /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ BIOSOURCE TECHNOLOGIES, INC. By: Robexx X. Xxxxx By: Michxxx X. Xxxxxxx ----------------------------------------- -------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER. -------------------------------------------------------------------------------- 49 BUSINESS LOAN AGREEMENT PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 121,503,985.26 06-2207-1999 1210-2001-2000 155 ------------------------------------------------------------------------------------------------------------ 2001 3400369949 11 111721 791 References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ BORROWER: MICRO GENERAL CORPORATION BIOSOURCE TECHNOLOGIES, INC. LENDER: IMPERIAL SIERRAWEST BANK 2510 X. XXX (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXXXXXXXX XXXXXXX, SUITE 1000 1100 XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXXXXXXXXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIALFAIRXXXXX, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIAL, INC. (THE "CORPORATION"), HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu of a meeting, the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Lender") on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty").XX 00000

Appears in 1 contract

Samples: Business Loan Agreement (Large Scale Biology Corp)

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WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22MARCH 1, 1999. GRANTOR: MICRO GENERAL CORPORATION X /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer BIOSOURCE TECHNOLOGIES, INC. By: Robexx X. Xxxxx By: Michxxx X. Xxxxxxx -------------------------------------- ------------------------------- ROBEXX X. XXXXX, XXAIRMAN OF THE BOARD MICHXXX X. XXXXXXX, XXEASURER -------------------------------------------------------------------------------- BUSINESS LOAN AGREEMENT --------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $1,900,424.00 03-01-1999 10-01-2001 3400169949 10 111721 791 --------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. --------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. LENDER: SIERRAWEST BANK (TIN: 77-0000000) CENTRAL PACIFIC REGION 3333 XXXX XXXXXX XXXXXXX, SUITE 1000 1100 XXXXX XX. XXXXXXXXX, XX 00000-0000 FAIRXXXXX, XX 00000 ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PRINCIPAL THIS BUSINESS LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12-22-1999 12-20-2000 155 ------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ BORROWER: MICRO GENERAL CORPORATION LENDER: IMPERIAL BANK 2510 X. XXX XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIALAGREEMENT BETWEEN BIOSOURCE TECHNOLOGIES, INC. ("BORROWER") AND SIERRAWEST BANK ("LENDER") IS MADE AND EXECUTED ON THE FOLLOWING TERMS AND CONDITIONS. BORROWER HAS RECEIVED PRIOR COMMERCIAL LOANS FROM LENDER OR HAS APPLIED TO LENDER FOR A COMMERCIAL LOAN OR LOANS AND OTHER FINANCIAL ACCOMMODATIONS, INCLUDING THOSE WHICH MAY BE DESCRIBED ON ANY EXHIBIT OR SCHEDULE ATTACHED TO THIS AGREEMENT. ALL SUCH LOANS AND FINANCIAL ACCOMMODATIONS, TOGETHER WITH ALL FUTURE LOANS AND FINANCIAL ACCOMMODATIONS FROM LENDER TO BORROWER, ARE REFERRED TO IN THIS AGREEMENT INDIVIDUALLY AS THE "CORPORATIONLOAN" AND COLLECTIVELY AS THE ")LOANS." BORROWER UNDERSTANDS AND AGREES THAT: (a) IN GRANTING, HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXXRENEWING, SUITE 300OR EXTENDING ANY LOAN, IRVINELENDER IS RELYING UPON BORROWER'S REPRESENTATIONS, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the CorporationWARRANTIES, duly called and held on ____________AND AGREEMENTS, at which a quorum was present and votingAS SET FORTH IN THIS AGREEMENT; (b) THE GRANTING, or by other duly authorized corporate action in lieu of a meetingRENEWING, the following resolutions were adopted: OR EXTENDING OF ANY LOAN BY LENDER AT ALL TIMES SHALL BE IT RESOLVED, that ANY ONE SUBJECT TO LENDER'S SOLE JUDGMENT AND DISCRETION; AND (1c) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Lender") on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty")ALL SUCH LOANS SHALL BE AND SHALL REMAIN SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS OF THIS AGREEMENT.

Appears in 1 contract

Samples: Business Loan Agreement (Large Scale Biology Corp)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. SPECIAL PROVISIONS: The above collateral is pledged to secure the obligations of Lithia Motors, Inc. evidenced by a note dated 9/9/96 in the amount of $6,000,000.00 payable to the United States National Bank of Oregon. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22SEPTEMBER 9, 19991996. GRANTOR: MICRO GENERAL CORPORATION X /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12-22-1999 12-20-2000 155 ------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ BORROWERLithia Motors, Inc. By: MICRO GENERAL CORPORATION ------------------------------------------------------- Lithia Motors, Inc., By: Xxxxxx X. XxXxxx, President By: ------------------------------------------------------- Lithia Grants Pass Auto Center, L.L.C., By: Lithia Motors, Inc. Managing Member By: Xxxxxx XxXxxx, President By: ------------------------------------------------------- Lithia Dodge L.L.C., By: Lithia Motors, Inc. Managing Member By: Xxxxxx XxXxxx, President By: ------------------------------------------------------- Lithia TLM L.L.C., By: Lithia Motors, Inc. Managing member By: Xxxxxx XxXxxx, President By: ------------------------------------------------------- Lithia Leasing, Inc., By: Xxxxxx X. XxXxxx, President By: ------------------------------------------------------- Lithia Leasing, Inc., By: Xxxxxx X. XxXxxx, President By: ------------------------------------------------------- Lithia Properties, L.L.C., By: Xxxxxx X. XxXxxx, Managing Member LENDER: IMPERIAL BANK 2510 X. XXX XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL, INC. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIAL, INC. (THE "CORPORATION"), HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue United States National Bank of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu of a meeting, the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Lender") on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty").Oregon

Appears in 1 contract

Samples: Commercial Security Agreement (Lithia Motors Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than than, one person is obligated for the Indebtedness, Borrower irrevocably waives, disclaims and relinquishes relinquishs all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. ADDITIONAL PROVISION. If any law is passed that requires additional action on the part of Lender, Borrower and/or Grantor shall fully cooperate with Lender in complying with the law and accordingly, shall reimburse Lender for all costs and expenses which Lender incurs in compliance with the law. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22, 1999OCTOBER 23,1997. GRANTOR: MICRO GENERAL CORPORATION X F5 LABS, INC. BY: /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 12-22-1999 12-20-2000 155 ------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ Xxxxx Xxxxx ----------------------------- NAME: Xxxxx Xxxxx TITLE: V.P. Finance ------------------------- ------------------ ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- PROMISSORY NOTE ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- BORROWER: MICRO GENERAL CORPORATION F5 LABS, INC. LENDER: IMPERIAL BANK 2510 X. XXX XXXX SILICON VALLEY BANK, A CALIFORNIA 0000 XXXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXXCHARTERED BANK XXXXXXX, XX 00000 9777 XXXXXXXX XXXX.WASHINGTON LOAN PRODUCTION XXXXXX 000 000XX XXXXXX, 0XX X.X., XXXXX XXXXXXX XXXXX00X XXXXXXXX, XX 00000-0000 XXARANTOR00000 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- PRINCIPAL AMOUNT: FIDELITY NATIONAL FINANCIAL$250,000.00 INITIAL RATE: 10.500% DATE OF NOTE: OCTOBER 23, INC1997 PROMISE TO PAY. 17910 XXX XXXXXX XXXXXX, SUITE 300 IRVINE, CA 92614 ================================================================================ I, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY NATIONAL FINANCIALF5 LABS, INC. (THE "CORPORATIONBORROWER") PROMISES TO PAY TO SILICON VALLEY BANK, A CALIFORNIA CHARTERED BANK ("LENDER"), HEREBY CERTIFY THAT the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXXOR ORDER, SUITE 300IN LAWFUL MONEY OF THE UNITED STATES OF AMERICA, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu of a meeting, the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Lender") on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION THE PRINCIPAL AMOUNT OF TWO HUNDRED FIFTY THOUSAND & 00/100 DOLLARS ($5,000,000.00)250,000.00) OR SO MUCH AS MAY BE OUTSTANDING, in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender (the "Guaranty")TOGETHER WITH INTEREST ON THE UNPAID OUTSTANDING PRINCIPAL BALANCE OF EACH ADVANCE. INTEREST SHALL BE CALCULATED FROM THE DATE OF EACH ADVANCE UNTIL REPAYMENT OF EACH ADVANCE.

Appears in 1 contract

Samples: Business Loan Agreement (F5 Networks Inc)

WAIVER OF CO-OBLIGOR'S RIGHTS. If more than one person is obligated for the Indebtednessindebtedness, Borrower irrevocably waives, disclaims and relinquishes all claims against such other person which borrower Borrower has or would otherwise have by virtue of payment of the Indebtedness indebtedness or any part thereof, specifically including but not limited to all rights of indemnity, contribution or exoneration. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS COMMERCIAL SECURITY AGREEMENT, AND GRANTOR AGREES TO ITS TERMS. THIS AGREEMENT IS DATED DECEMBER 22JUNE 26, 19991997. GRANTOR: MICRO GENERAL CORPORATION X NATIONAL TELEPHONE & COMMUNICATIONS, INC. By: /s/ [Signature Illegible] X /s/ [Signature Illegible] ------------------------------------ ------------------------------------ Authorized Officer Authorized Officer ================================================================================ 23 CORPORATE RESOLUTION Xxxxxx X. Xxxxxxxxx --------------------------------------------------- XXXXXX X. XXXXXXXXX, CHIEF FINANCIAL OFFICER AGREEMENT TO GUARANTEE ------------------------------------------------------------------------------------------------------------ PROVIDE INSURANCE -------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $5,000,000.00 1210,000,000.00 06-2230-1999 12-20-2000 155 ------------------------------------------------------------------------------------------------------------ 1998 973000139 110 -------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------------------------- BORROWER: MICRO GENERAL CORPORATION NATIONAL TELEPHONE & LENDER: IMPERIAL FIRST BANK 2510 X. XXX XXXX XXXXXX, XXXXX 000 FINANCIAL SERVICES GROUP SANTX XXX, XX 00000 9777 XXXXXXXX XXXX., 0XX XXXXX XXXXXXX XXXXX, XX 00000-0000 XXARANTOR: FIDELITY NATIONAL FINANCIAL& TRUST COMMUNICATIONS, INC. 17910 XXX Irvine Regional Office - 400 0000 XXXX XXXXXX XXXXXX, SUITE 300 0000 Xxxxxxxxx Xxxxx IRVINE, CA 92614 ================================================================================ IXxxxxx, THE UNDERSIGNED SECRETARY OR ASSISTANT SECRETARY OF FIDELITY XX 00000 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- INSURANCE REQUIREMENTS. NATIONAL FINANCIALTELEPHONE & COMMUNICATIONS, INC. (THE "CORPORATIONGrantor"), HEREBY CERTIFY THAT ) understands that insurance coverage is required in connection with the Corporation is organized and existing under and by virtue of the laws of the State of Delaware with its principal office at 17910 XXX XXXXXX XXXXXX, SUITE 300, IRVINE, CA 92614. I FURTHER CERTIFY that at a meeting of the Directors of the Corporation, duly called and held on ____________, at which a quorum was present and voting, or by other duly authorized corporate action in lieu extending of a meeting, loan or the following resolutions were adopted: BE IT RESOLVED, that ANY ONE (1) providing of the following named officers, employees, or agents of this Corporation, whose actual signatures are shown below: NAME POSITION ACTUAL SIGNATURE ---- -------- ----------------- ALAN X. XXXXXXX EVP/CFO X /s/ ALAN X. XXXXXXX --------------------------- acting for and on behalf of the Corporation and as its act and deed be, and he or she hereby is, authorized and empowered: GUARANTY. To guarantee or act as surety for loans or other financial accommodations to MICRO GENERAL CORPORATION from Imperial Bank ("Grantor by Lender") . These requirements are set forth in the security documents. The following minimum insurance coverages must be provided on such guarantee or surety terms as may be agreed upon between the officers or employees of this Corporation and Lender and in such sum or sums of money as in his or her judgment should be guaranteed or assured, not exceeding, however, at any one time the amount of FIVE MILLION & 00/100 DOLLARS ($5,000,000.00), in addition to such sum or sums of money as may be currently guaranteed by the Corporation to Lender following described collateral (the "GuarantyCollateral").):

Appears in 1 contract

Samples: Loan Agreement (Incomnet Inc)

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