Common Contracts
2 similar Guaranty of Payment contracts by Hadron Inc
AMENDED AND RESTATED GUARANTY OF PAYMENT To induce UNITED BANK, Vienna, Virginia (the "Bank") to continue to extend credit and other financial accommodations to HADRON, INC., a New York corporation, AVENUE TECHNOLOGIES, INC., a Virginia corporation,...Guaranty of Payment • April 14th, 2000 • Hadron Inc • Services-computer programming, data processing, etc.
To induce UNITED BANK, Vienna, Virginia (the "Bank") to continue to extend credit and other financial accommodations to HADRON, INC., a New York corporation, AVENUE TECHNOLOGIES, INC., a Virginia corporation, VAIL RESEARCH AND TECHNOLOGY CORPORATION, a Virginia corporation, SYCOM SERVICES, INC., a Delaware corporation, and ENGINEERING & INFORMATION SERVICES, INC., a Virginia corporation (hereinafter individually and collectively called the "Debtor"), and to forbear in the exercise of its rights against the Debtor, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of the undersigned jointly and severally (hereinafter individually and collectively called the "Guarantors"), hereby unconditionally guaranty to the Bank the full and prompt payment at maturity, including accelerated or extended maturity, of all Obligations, as hereinafter defined, of the Debtor to the Bank; provided, however, that the Guarantors' liability on the
GUARANTY OF PAYMENT To induce UNITED BANK, Vienna, Virginia (the "Bank") to continue to extend credit and other financial accommodations to HADRON, INC., a New York corporation, AVENUE TECHNOLOGIES, INC., a Virginia corporation, VAIL RESEARCH AND...Guaranty of Payment • April 14th, 2000 • Hadron Inc • Services-computer programming, data processing, etc.
To induce UNITED BANK, Vienna, Virginia (the "Bank") to continue to extend credit and other financial accommodations to HADRON, INC., a New York corporation, AVENUE TECHNOLOGIES, INC., a Virginia corporation, VAIL RESEARCH AND TECHNOLOGY CORPORATION, a Virginia corporation, SYCOM SERVICES, INC., a Delaware corporation, and ENGINEERING & INFORMATION SERVICES, INC., a Virginia corporation (hereinafter individually and collectively called the "Debtor"), and to forbear in the exercise of its rights against the Debtor, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned (the "Guarantor") hereby unconditionally guarantees to the Bank the full and prompt payment at maturity, including accelerated or extended maturity, of all Obligations, as hereinafter defined, of the Debtor to the Bank; provided, however, that the Guarantor's liability on the Obligations shall not exceed the lesser of (i) 50% of the principal amount the
