Common Contracts
2 similar Guaranty contracts by Platinum Research Organization, Inc.
GUARANTYGuaranty • September 26th, 2008 • Platinum Research Organization, Inc. • Coating, engraving & allied services
In consideration of SEATTLE CITY EMPLOYEES’ RETIREMENT SYSTEM, a single-employer defined-benefit public employee retirements system (“Lender”) lending SIX MILLION DOLLARS ($6,000,000) (the “Loan”) to PLATINUM INTELLECTUAL PROPERTY, L.P., a Texas limited partnership (“Borrower”), the undersigned, PRO OPERATIONS, L.P., a Texas limited partnership (“Guarantor”), jointly and severally with all other parties executing similar guaranties, if any, hereby unconditionally and irrevocably guarantees to Lender prompt payment of the Loan when due, whether by acceleration or otherwise, together with all interest thereon, any other sums that become due and owing to Lender under the Note (as hereinafter defined) or any of the Security Documents (also as hereinafter defined), including, without limitation, late charges, premiums for prepayment, expenditures by Lender to preserve and protect the collateral for repayment of the Note, amounts that would become due but for the effect of any bankruptcy pro
GUARANTYGuaranty • September 26th, 2008 • Platinum Research Organization, Inc. • Coating, engraving & allied services
In consideration of SEATTLE CITY EMPLOYEES’ RETIREMENT SYSTEM, a single-employer defined-benefit public employee retirements system (“Lender”) lending SIX MILLION DOLLARS ($6,000,000) (the “Loan”) to PLATINUM INTELLECTUAL PROPERTY, L.P., a Texas limited partnership (“Borrower”), the undersigned, PLATINUM RESEARCH ORGANIZATION, INC., a Delaware corporation (“Guarantor”), jointly and severally with all other parties executing similar guaranties, if any, hereby unconditionally and irrevocably guarantees to Lender prompt payment of the Loan when due, whether by acceleration or otherwise, together with all interest thereon, any other sums that become due and owing to Lender under the Note (as hereinafter defined) or any of the Security Documents (also as hereinafter defined), including, without limitation, late charges, premiums for prepayment, expenditures by Lender to preserve and protect the collateral for repayment of the Note, amounts that would become due but for the effect of any ban
