Common Contracts

2 similar Guaranty contracts by Worksport LTD

GUARANTY
Guaranty • September 10th, 2024 • Worksport LTD • Motor vehicle parts & accessories • Illinois

This Guaranty (“Guaranty”) is made on __________________, by Worksport Ltd., a Nevada corporation with its principal address of 2500 N. America Drive, West Seneca (“Guarantor”), in favor of Loeb Term Solutions LLC (“Lender”) to induce Lender to make a loan and/or extend or continue credit to Worksport USA Operations Corporation, a Colorado corporation (“Borrower”) and because Guarantor has determined that executing and delivering this Guaranty is in Guarantor’s interest and to Guarantor’s financial benefit.

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GUARANTY
Guaranty • September 10th, 2024 • Worksport LTD • Motor vehicle parts & accessories • Illinois

This Guaranty (“Guaranty”) is made on __________________, by Worksport New York Operations Corporation, a New York corporation with its principal address of 2500 N. America Drive, West Seneca (“Guarantor”), in favor of Loeb Term Solutions LLC (“Lender”) to induce Lender to make a loan and/or extend or continue credit to Worksport USA Operations Corporation, a Colorado corporation (“Borrower”) and because Guarantor has determined that executing and delivering this Guaranty is in Guarantor’s interest and to Guarantor’s financial benefit.

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