MASTER LOAN AGREEMENTMaster Loan Agreement • February 5th, 2014 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
This Master Loan Agreement (this “Loan Agreement”) is made as of the 31st day of January, 2014, by and between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation, Bayswater Development Corporation, a Florida corporation, Power Corporation of America, a Florida corporation and C and C Power Line, Inc. a Florida corporation (either “Borrower” or collectively “Guarantors” as set forth in Exhibit “A”), and Branch Banking and Trust Company (“Lender”).
BB&T SECURITY AGREEMENTSecurity Agreement • February 5th, 2014 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
This Security Agreement (“Security Agreement”) is made the 31st day of January, 2014, between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Power Corporation of America, a Florida corporation, Bayswater Development Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation and C and C Power Line, Inc., a Florida Corporation (“Debtors”), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).
GUARANTY AGREEMENTGuaranty Agreement • February 5th, 2014 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
As an inducement to Branch Banking and Trust Company and/or BB&T Financial, FSB (collectively "Bank"), to extend credit to and to otherwise deal with The Goldfield Corporation, a Delaware corporation ("Borrower"), and in consideration thereof, the undersigned (and each of the undersigned jointly and severally if more than one) hereby absolutely and unconditionally guarantees to Bank and its successors and assigns the due and punctual payment prior to the expiration of any grace/notice periods provided by the notes or other agreements of any and all notes, drafts, debts, obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of Borrower, at any time, now or hereafter, incurred with or held by Bank, together with interest, as and when the same become due and payable, whether by acceleration or otherwise, in accordance with the terms of any such notes, drafts, debts, obligations or liabilities or agreements evidencing any such indebtedness, obligat
