GUARANTY Exhibit 10.1 MILBERG FACTORS, INC. 99 Park Avenue New York, NY 10016 Gentlemen: In order to induce you to enter into, or continuing to make available certain financing arrangements set forth in, a certain Factoring or Financing Agreement...Just Toys Inc • November 14th, 2000 • Games, toys & children's vehicles (no dolls & bicycles)
In order to induce you to enter into, or continuing to make available certain financing arrangements set forth in, a certain Factoring or Financing Agreement bearing the effective date as of July 26, 1995 with Just Toys, Inc. having an address at 20 Livingstone Avenue, Dobbs Ferry, New York 10522 (hereinafter referred to as the "Client"), and/or to induce you to refrain at this time from terminating said agreement and/or in consideration of any loans, advances, payment, extensions of credit, benefits or financial accommodations heretofore or hereafter made, granted or extended by you or which you have or will become obligated to make, grant or extend to or for the account of the Client, the undersigned (and each of them if more than one) guarantees without deduction by reason of set-off, defense, or counterclaim of any party, or loss of contribution from any co-guarantor hereunder, the due performance of all the Client's contracts and agreements with you, both present and future and an
