Common Contracts

2 similar null contracts by Trinity Learning Corp, United Auto Group Inc

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GUARANTY
United Auto Group Inc • October 7th, 1996 • Retail-auto dealers & gasoline stations

In order to induce Carl Westcott, an individual resident of the State of Texas ("Westcott"), to sell one hundred percent (100%) percent of the issued and outstanding shares of common stock of Atlanta Toyota, Inc., a Texas corporation ("Atlanta Toyota"), to UAG Atlanta, Inc., a Delaware corporation and a wholly-owned subsidiary of the undersigned ("UAG/Atlanta"), the undersigned hereby irrevocably, unconditionally and absolutely guarantees the due performance and punctual payment when due, whether at stated maturity, by acceleration or otherwise, of all obligations of UAG/Atlanta now or hereafter existing under that certain Promissory Note (the "Note") dated January 16, 1996 payable to the order of Westcott in the original principal amount of $2,100,100 (all such obligations being sometimes hereinafter referred to as the "Obligations"), and agrees to pay any and all expenses (including reasonable counsel fees and expenses) incurred by Westcott in enforcing any rights under this Guaranty

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