Common Contracts
2 similar Recourse Liabilities Guaranty contracts by FelCor Lodging Trust Inc, Strategic Storage Trust, Inc.
RECOURSE LIABILITIES GUARANTY [property address]Recourse Liabilities Guaranty • August 31st, 2010 • Strategic Storage Trust, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, the undersigned, STRATEGIC STORAGE TRUST, INC., a Maryland corporation (whether one or more, hereinafter together called “Guarantor” in the singular) absolutely guarantees and agrees to pay to THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (hereinafter called “Lender”) at the address designated in the Instrument (as hereinafter defined) for payment thereof or as such address may be changed as provided in the Instrument, all limited and full recourse indebtedness of [property owning LLC], a limited liability company organized under the laws of the State of Delaware (hereinafter called “Borrower”), under Paragraphs 8 and 9 of that certain Promissory Note [property address] in the original principal amount of made by Borrower payable to the order of Lender and dated August 25, 2010, and all modifications, renewals and extensions of and substitutions for said Promissory Note (said Promissory Note and all modifications, renew
RECOURSE LIABILITIES GUARANTYRecourse Liabilities Guaranty • May 8th, 2009 • FelCor Lodging Trust Inc • Real estate investment trusts
FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, the undersigned, FELCOR LODGING TRUST INCORPORATED, a Maryland corporation, ("FLTI"), and FELCOR LODGING LIMITED PARTNERSHIP, a Delaware limited partnership, ("FLLP"), (FLTI and FLLP, individually and collectively, as the context requires, shall be referred to herein as the “Guarantor”) absolutely guarantee and agree to pay to THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (hereinafter called “Lender”) at the address designated in the Notes (defined below)for payment thereof or as such address may be changed as provided in the Notes, all limited and full recourse indebtedness of FelCor/CSS (SPE), L.L.C., a Delaware limited liability company (“Borrower”) under Paragraph 7.02 of the Loan Agreement of even date herewith between Borrower and Lender (the “Loan Agreement”), which Loan Agreement governs a loan evidenced by one or more promissory notes in the aggregate original principal amount of up to One Hundred Twenty Millio
