Common Contracts

2 similar Security Agreement contracts by Composite Technology Corp, Selway Capital Acquisition Corp.

Cross-Corporate Continuing Guaranty and Security Agreement
Security Agreement • July 23rd, 2013 • Selway Capital Acquisition Corp. • Retail-drug stores and proprietary stores • California

This Cross-Corporate Continuing Guaranty and Security Agreement (“Guaranty”) is executed by the above-named Guarantors as guarantors of the Obligations of Selway Capital Acquisition Corporation (“Borrower”) and each other Obligor under that certain Loan and Security Agreement (as defined below), and of each other Guarantor’s obligations under this Guaranty (except for a guarantor in respect of itself), and any other persons now or hereafter signatory as a guarantor to this Guaranty by execution of a counterpart hereof or by an instrument of joinder and accession hereto (individually, jointly and severally a “Guarantor” and, collectively with all other Guarantors, “Guarantor”), as of the above date, in favor of PARTNERS FOR GROWTH III, L.P. (“PFG”), whose address is 150 Pacific Avenue, San Francisco, CA 94111, with respect to the Indebtedness (as defined herein) of Borrower. Capitalized terms not defined herein have the meaning set forth in the Loan Agreement (as defined below).

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Cross-Corporate Continuing Guaranty and Security Agreement
Security Agreement • April 16th, 2010 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • California

This Cross-Corporate Continuing Guaranty and Security Agreement (“Guaranty”) is executed by the above-named Borrowers under the Loan Agreement (as defined herein) and the above-referenced Guarantor, an Affiliate of the Borrowers, as guarantors in respect of each Borrower (except for a guarantor in respect of itself) and any other persons now or hereafter signatory as a guarantor to this Guaranty by execution of a counterpart hereof or by an instrument of joinder and accession hereto (jointly and severally, a “Guarantor” and, collectively, “Guarantor”), as of the above date, in favor of PARTNERS FOR GROWTH II, L.P. (“PFG”), whose address is 180 Pacific Avenue, San Francisco, CA 94111, with respect to the Indebtedness (as defined herein) of each and all of the above-named borrowers (jointly and severally, “Borrower”). Capitalized terms not defined herein have the meaning set forth in the Loan Agreement (as defined below).

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