GUARANTY OF PAYMENTGuaranty of Payment • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance • Georgia
THIS GUARANTY AGREEMENT (this “Agreement”) is entered into as of July 17, 2009, by ASSURANCEAMERICA MANAGING GENERAL AGENCY LLC, a Delaware limited liability company (the “Guarantor”) with an address as set forth on the signature page to this Agreement, in favor of WACHOVIA BANK, NATIONAL ASSOCIATION (“Lender”) with an address at 171 17th Street NW, 5th Floor, MC: GA4507 Atlanta, Georgia 30363.
PLEDGE AGREEMENTPledge Agreement • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance • Georgia
THIS PLEDGE AGREEMENT (this “Agreement”) is made as of the 17th day of July, 2009, by and between TRUSTWAY INSURANCE AGENCIES, LLC, a Georgia limited liability company (the “Pledgor”) and WACHOVIA BANK, NATIONAL ASSOCIATION (the “Bank”). Unless otherwise defined herein or if the context clearly requires to the contrary, any capitalized term used herein but not defined shall have the meaning ascribed to such term in that certain that certain Guaranty of Payment dated as of even date herewith among Pledgor and Bank (as amended, the “Guaranty”) guaranteeing the obligations of AssuranceAmerica Corporation, a Nevada corporation (“Borrower”) pursuant to that certain Loan Agreement between Borrower and Bank (as amended from time to time, the “Loan Agreement”).
LOAN AGREEMENTLoan Agreement • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance • Georgia
THIS LOAN AGREEMENT (this “Agreement”) is entered into as of July 17, 2009, by and between ASSURANCEAMERICA CORPORATION, a Nevada corporation (the “Borrower”), and WACHOVIA BANK, NATIONAL ASSOCIATION (“Lender”).
REVOLVING LOAN NOTERevolving Loan Note • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance
FOR VALUE RECEIVED, ASSURANCEAMERICA CORPORATION, a Nevada corporation (the “Borrower”) hereby promises to pay to WACHOVIA BANK, NATIONAL ASSOCIATION (the “Lender”), in accordance with the provisions of the Loan Agreement (as hereinafter defined), the principal amount of ONE MILLION FIVE HUNDRED THOUSAND AND NO/100 U.S. DOLLARS ($1,500,000.00), or such lesser principal amount outstanding under the revolving loan (the “Loan”) made by Lender to Borrower under that certain Loan Agreement, dated as of even date herewith (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Loan Agreement”; the terms defined therein being used herein as therein defined), between Borrower and Lender.
GUARANTY OF PAYMENTGuaranty Agreement • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance • Georgia
THIS GUARANTY AGREEMENT (this “Agreement”) is entered into as of July 17, 2009, by TRUSTWAY T.E.A.M., INC., a Georgia corporation (the “Guarantor”) with an address as set forth on the signature page to this Agreement, in favor of WACHOVIA BANK, NATIONAL ASSOCIATION (“Lender”) with an address at 171 17th Street NW, 5th Floor, MC: GA4507 Atlanta, Georgia 30363.
