Common Contracts
2 similar Subsidiary Guaranty contracts by Applied Digital Solutions Inc, Digital Angel Corp
SUBSIDIARY GUARANTYSubsidiary Guaranty • November 14th, 2007 • Digital Angel Corp • Communications equipment, nec • New York
FOR VALUE RECEIVED, and in consideration of note purchases from, or credit otherwise extended or to be extended by Kallina Corporation (“Lender”) to or for the account of Applied Digital Solutions, Inc., a Delaware corporation (the “Company”), from time to time and at any time and for other good and valuable consideration and to induce Lender, in its discretion, to purchase such notes or make other extensions of credit and to make or grant such renewals, extensions, releases of collateral or relinquishments of legal rights as Lender may deem advisable, each of the undersigned (and each of them if more than one, the liability under this Guaranty being joint and several) (jointly and severally referred to as “Guarantors “ or “the undersigned”) unconditionally guaranties to Lender, its successors, endorsees and assigns the prompt payment when due (whether by acceleration or otherwise) of all present and future obligations and liabilities of any and all kinds of the Company to Lender and o
SUBSIDIARY GUARANTYSubsidiary Guaranty • November 7th, 2007 • Applied Digital Solutions Inc • Communications equipment, nec • New York
FOR VALUE RECEIVED, and in consideration of note purchases from, or credit otherwise extended or to be extended by Kallina Corporation (“Lender”) to or for the account of Applied Digital Solutions, Inc., a Delaware corporation (the “Company”), from time to time and at any time and for other good and valuable consideration and to induce Lender, in its discretion, to purchase such notes or make other extensions of credit and to make or grant such renewals, extensions, releases of collateral or relinquishments of legal rights as Lender may deem advisable, each of the undersigned (and each of them if more than one, the liability under this Guaranty being joint and several) (jointly and severally referred to as “Guarantors “ or “the undersigned”) unconditionally guaranties to Lender, its successors, endorsees and assigns the prompt payment when due (whether by acceleration or otherwise) of all present and future obligations and liabilities of any and all kinds of the Company to Lender and o
