Common Contracts

1 similar , and Guaranty Agreement contracts

Contract
, and Guaranty Agreement • May 5th, 2020 • New York

<DOCUMENT> <TYPE>EX-10.2 <SEQUENCE>3 <FILENAME>a2032548zex-10_2.txt <DESCRIPTION>EXHIBIT 10.2 <TEXT> <PAGE> Exhibit 10.2 LOAN, SECURITY, AND GUARANTY AGREEMENT THIS LOAN, SECURITY, AND GUARANTY AGREEMENT (this "Agreement") is made as of this 8th day of December, 2000, by and between (a) GALAXY INDUSTRIES CORPORATION ("Galaxy"), a Michigan corporation, MID STATE MACHINE PRODUCTS ("Midstate"), a Maine corporation, NATIONWIDE PRECISION PRODUCTS CORP. ("Nationwide"), a New York corporation, and GENERAL AUTOMATION, INC. ("GA"), an Illinois corporation ("Galaxy, Midstate, Nationwide and GA, together with their permitted successors and assigns being sometimes hereinafter called collectively, the "Borrowers"); (b) GENERAL ELECTRIC CAPITAL CORPORATION, FOR ITSELF AND AS AGENT FOR CERTAIN PARTICIPANTS (together with its successors and assigns, the "Lender"); and (c) PRECISION PARTNERS, INC., a Delaware corporation (together with its permitted successors and assigns, the "Guarantor"). R E C I T A

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