Common Contracts

2 similar Guaranty of Nonrecourse Carveout Liabilities and Obligations contracts by Generation Income Properties, Inc.

GUARANTY OF NONRECOURSE CARVEOUT LIABILITIES AND OBLIGATIONS
Guaranty of Nonrecourse Carveout Liabilities and Obligations • February 14th, 2020 • Generation Income Properties, Inc. • Real estate investment trusts • Virginia

THIS GUARANTY OF NONRECOURSE CARVEOUT LIABILITIES AND OBLIGATIONS (this “Guaranty”), dated as of September 30, 2019. is made by GENERATION INCOME PROPERTIES, L.P.. a Delaware limited partnership, GENERATION INCOME PROPERTIES, INC., a Maryland corporation, and DAVID SOBELMAN, each having a business address of 401 East Jackson Street, Suite 3300, Tampa, Florida 33602 (hereinafter referred to, together with their successors and assigns, including the estate of any individual guarantor who becomes deceased. as “Guarantor”), for the benefit of NEWPORT NEWS SHIPBUILDING EMPLOYEES’ CREDIT UNION, INC. DBA BAYPORT CREDIT UNION, a Virginia Corporation, having an office at One BayPort Way, Suite 350, Newport News, VA 23606 (together with its successors and assigns, “Lender”).

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GUARANTY OF NONRECOURSE CARVEOUT LIABILITIES AND OBLIGATIONS
Guaranty of Nonrecourse Carveout Liabilities and Obligations • February 14th, 2020 • Generation Income Properties, Inc. • Real estate investment trusts • Virginia

THIS GUARANTY OF NONRECOURSE CARVEOUT LIABILITIES AND OBLIGATIONS (this “Guaranty”), dated as of September 30, 2019, is made by GENERATION INCOME PROPERTIES, L.P., a Delaware limited partnership, GENERATION INCOME PROPERTIES, INC., a Maryland corporation, and DAVID SOBELMAN, each having a business address of 401 East Jackson Street, Suite 3300, Tampa, Florida 33602 (hereinafter referred to, together with their successors and assigns, including the estate of any individual guarantor who becomes deceased, as “Guarantor”), for the benefit of NEWPORT NEWS SHIPBUILDING EMPLOYEES’ CREDIT UNION, INC. DBA BAYPORT CREDIT UNION, a Virginia Corporation, having an office at One BayPort Way, Suite 350, Newport News, VA 23606 (together with its successors and assigns, “Lender”).

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