Common Contracts

3 similar Limited Payment Guaranty contracts by Spy Optic Inc

LIMITED PAYMENT GUARANTY
Limited Payment Guaranty • September 15th, 2004 • Spy Optic Inc • California

To induce Spy Optic, Inc, a California Corporation ("Spy"), to provide or continue a loan and other financial accommodations to No Fear, Inc. a California corporation ("Borrower") in the outstanding principal amount of $1,702,648, the undersigned Tim Jones ("Guarantor"), subject to the limitations set forth in Section 10 of this Limited Payment Guaranty ("Guaranty"), unconditionally guaranties the full and prompt payment by Borrower of all of the "Indebtedness" (as hereinafter defined), and promises to pay Spy, or order, on demand, in lawful money of the United States, all of the Indebtedness, and all costs and expenses, including attorneys fees and legal expenses, paid or incurred by Spy in endeavoring to collect the Indebtedness, or any part thereof, and in enforcing this Guaranty. This Guaranty is a guaranty of payment, and not merely a guaranty of performance.

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LIMITED PAYMENT GUARANTY
Limited Payment Guaranty • September 15th, 2004 • Spy Optic Inc • California

To induce Spy Optic, Inc, a California Corporation ("Spy"), to provide or continue a loan and other financial accommodations to No Fear, Inc. a California corporation ("Borrower") in the outstanding principal amount of $1,702,648, the undersigned Boris Said ("Guarantor"), subject to the limitations set forth in Section 10 of this Limited Payment Guaranty ("Guaranty"), unconditionally guaranties the full and prompt payment by Borrower of all of the "Indebtedness" (as hereinafter defined), and promises to pay Spy, or order, on demand, in lawful money of the United States, all of the Indebtedness, and all costs and expenses, including attorneys fees and legal expenses, paid or incurred by Spy in endeavoring to collect the Indebtedness, or any part thereof, and in enforcing this Guaranty. This Guaranty is a guaranty of payment, and not merely a guaranty of performance.

LIMITED PAYMENT GUARANTY
Limited Payment Guaranty • September 15th, 2004 • Spy Optic Inc • California

To induce Spy Optic, Inc, a California Corporation ("Spy"), to provide or continue a loan and other financial accommodations to No Fear, Inc. a California corporation ("Borrower") in the outstanding principal amount of $1,702,648, the undersigned Greg Theiss ("Guarantor"), subject to the limitations set forth in Section 10 of this Limited Payment Guaranty ("Guaranty"), unconditionally guaranties the full and prompt payment by Borrower of all of the "Indebtedness" (as hereinafter defined), and promises to pay Spy, or order, on demand, in lawful money of the United States, all of the Indebtedness, and all costs and expenses, including attorneys fees and legal expenses, paid or incurred by Spy in endeavoring to collect the Indebtedness, or any part thereof, and in enforcing this Guaranty. This Guaranty is a guaranty of payment, and not merely a guaranty of performance.

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