FIRST NIAGARA LETTERHEAD] GENERAL SECURITY AGREEMENTGeneral Security Agreement • August 28th, 2009 • Taylor Devices Inc • General industrial machinery & equipment, nec • New York
FIRST NIAGARA LETTERHEAD] NEGATIVE PLEDGE AGREEMENTNegative Pledge Agreement • August 28th, 2009 • Taylor Devices Inc • General industrial machinery & equipment, nec • New York
This Negative Pledge Agreement dated 7th day of August, 2009 ("Agreement") is entered into by TAYLOR DEVICES, INC. a corporation organized under the laws of the State of New York, and with a chief executive office at, 90 Taylor Drive, North Tonawanda, NY 14120-6832, ("Pledgor") and FIRST NIAGARA BANK, a federally chartered financial institution with its chief executive office at 6950 South Transit Road, P.O. Box 514, Lockport, New York 14095-0514 ("Lender").
