GUARANTY OF NEW MARKETS TAX CREDITSGuaranty of New Markets Tax Credits • December 13th, 2012 • BRT Realty Trust • Real estate investment trusts • New York
THIS GUARANTY OF NEW MARKETS TAX CREDITS (this “Guaranty”), is made as of September 11, 2012, by TEACHERS VILLAGE PROJECT A QALICB URBAN RENEWAL ENTITY, LLC, a New Jersey Urban Renewal limited liability company, and RBH-TRB NEWARK HOLDINGS, LLC, a New York limited liability company (each a “Guarantor” and collectively, the “Guarantors”, jointly and severally) for the benefit of GSB NMTC INVESTOR LLC, a Delaware limited liability company, its successors and assigns and any transferees of its interest in the Fund (as hereinafter defined) (collectively, the “Investor”).
