Common Contracts
1 similar null contracts
GUARANTYMarch 15th, 2019
FOR VALUE RECEIVED, and in consideration of the OKLAHOMA ECONOMIC DEVELOPMENT TRUST’S (“Lender”) advance of funds to NE CS FNC HOTEL, LLC, an Oklahoma limited liability company (“Hotel Owner” or “Borrower”), and NE CS FNC RESIDENCES, LLC, an Oklahoma limited liability company (“Residential Units Owner” or “Borrower”, and collectively with Hotel Owner, “Borrowers”), GARY BROOKS, an individual resident of the State of Oklahoma (“Brooks”), and CHARLIE NICHOLAS, an individual resident of the State of Texas (“Nicholas”), and NE CS FIRST NATIONAL, LP, a Delaware limited partnership (“Parent Developer”); Brooks, Nicholas and Parent Developer are each a “Guarantor” and are collectively referred to herein as the “Guarantors”) hereby jointly and severally guarantee, absolutely and unconditionally, the full and prompt payment when due, whether at maturity, by acceleration or otherwise, and at any and all times thereafter, of: (i) that certain Promissory Note of even date herewith executed by Borr
