Guaranty" means the Guaranty dated December 3, 1997 made by Guarantor in favor of the Bank with respect to the obligations of the Borrower to the Bank, as the same may be modified, amended, or supplemented from time to time.Consent and Amendment Agreement • December 24th, 1997 • Emcore Corp • Electronic components & accessories • New Jersey
UNCONDITIONAL GUARANTY December 5, 1997 EMCORE Corporation 394 Elizabeth Avenue Somerset, New Jersey 08873 (Individually and collectively "Borrower") MicroOptical Devices, Inc. 5601-C Midway Park Place, N.E. Alburquerque, NM 87019 (Individually and...Execution • December 24th, 1997 • Emcore Corp • Electronic components & accessories
SECURITY AGREEMENT December 5, 1997 MicroOptical Devices, Inc. 5601-C Midway Park Place, N.E. Albuquerque, New Mexico 87109 (Individually and collectively "Debtor") First Union National Bank 1889 Highway 27 Edison, New Jersey 08817 (Hereinafter...Execution • December 24th, 1997 • Emcore Corp • Electronic components & accessories
For value received and to secure the payment and performance of the guaranteed obligations under that Unconditional Guaranty dated of even date herewith, given by Debtor to Bank guaranteeing obligations of EMCORE Corporation ("Borrower") to Bank, its successors and assigns, and any extensions, renewals, modifications or novations thereof (the "Guaranty"), and all costs and expenses incurred by Bank to obtain, preserve, perfect and enforce the security interest granted herein and to maintain, preserve, and collect the property subject to the security interest (collectively, "Guaranty Obligations"), Debtor hereby grants to Bank a continuing first priority and only security interest in and lien upon the following described property, now owned or hereafter acquired, any additions, accessions, or substitutions thereof and thereto (including but not limited to investment property and security entitlements), and all cash and non-cash proceeds and products thereof (collectively, "Collateral"):
