GUARANTY OF PAYMENT AND RECOURSE CARVEOUTSGuaranty of Payment and Recourse Carveouts • December 13th, 2012 • BRT Realty Trust • Real estate investment trusts
THIS GUARANTY OF PAYMENT AND RECOURSE CARVEOUTS (this “Guaranty”) is made as of the 11th day of September, 2012, by RBH-TRB NEWARK HOLDINGS, LLC, a New York limited liability company having an office c/o RBH Group, 89 Market Street, 8th Floor, Newark, New Jersey 07102 (“RBH-TRB”), and RON BEIT-HALACHMY, an individual having an office c/o RBH Group, 89 Market Street, 8th Floor, Newark, New Jersey 07102 (“Ron”, and together with RBH-TRB, collectively, jointly and severally, “Guarantors” and individually, each a “Guarantor”) in favor of GOLDMAN SACHS BANK USA, a New York banking corporation, having an office at 200 West Street, New York, New York 10282 (the “Bank”).
