Common Contracts

2 similar Unconditional Guaranty contracts by Auriga Laboratories, Inc., TorreyPines Therapeutics, Inc.

UNCONDITIONAL GUARANTY
Unconditional Guaranty • June 17th, 2008 • TorreyPines Therapeutics, Inc. • Pharmaceutical preparations • California

For and in consideration of the loan by COMERICA BANK (“Bank”) to TPTX, INC. (“Borrower”), which loan is made pursuant to a Loan and Security Agreement between Borrower and Bank dated as of June 11, 2008, as amended from time to time (the “Agreement”), and acknowledging that Bank would not enter into the Agreement without the benefit of this Guaranty, the undersigned guarantor (“Guarantor”) hereby unconditionally and irrevocably guarantees the prompt and complete payment of all amounts that Borrower owes to Bank and performance by Borrower of the Agreement and any other agreements between Borrower and Bank, as amended from time to time (collectively referred to as the “Agreements”), in strict accordance with their respective terms. All terms used without definition in this Guaranty shall have the meaning assigned to them in the Agreement.

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UNCONDITIONAL GUARANTY (Corporate)
Unconditional Guaranty • May 29th, 2007 • Auriga Laboratories, Inc. • Pharmaceutical preparations • California

For and in consideration of the loan by COMERICA BANK (“Bank”) to AURIGA LABORATORIES, INC. (“Borrower”), which loan is made pursuant to a Loan and Security Agreement between Borrower and Bank dated as of even date herewith, as may be amended from time to time (the “Agreement”), and acknowledging that Bank would not enter into the Agreement without the benefit of this Guaranty, the undersigned guarantor (“Guarantor”) hereby unconditionally and irrevocably guarantees the prompt and complete payment of all amounts that Borrower owes to Bank and performance by Borrower of the Agreement and any other agreements between Borrower and Bank, as amended from time to time (collectively referred to as the “Agreements”), in strict accordance with their respective terms. All terms used without definition in this Guaranty shall have the meaning assigned to them in the Agreement.

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