Common use of CORPORATE GUARANTORS Clause in Contracts

CORPORATE GUARANTORS. The undersigned have heretofore executed and delivered to the Lender (i) a Guaranty dated May 2, 2000 (the "Guaranty') and (ii) a Security Agreement dated May 2, 2000 (the "Security Agreement'). Each of the undersigned hereby consents to the Agreement set forth above and confirms that the Guaranty and the Security Agreement remain in full force and effect in accordance with the terms thereof. Each of the undersigned further agrees that the consent of the undersigned to any further modifications to the Forbearance Agreement or to the Credit Agreement shall not be required as a result of this consent having been obtained, except to the extent, if any, required by the Guaranty or Security Agreement. HOMEGOLD FINANCIAL, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President CAROLINA INVESTORS, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President PREMIER FINANCIAL SERVICES INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President LOAN PROS, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President EMERGENT BUSINESS CAPITAL ASSET BASED LENDING, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President ▇▇▇▇▇ RIVER VENTURES, LP By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President EMERGENT SBI By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President EMERGENT COMMERCIAL MORTGAGE, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President EMERGENT BUSINESS CAPITAL, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President EMERGENT INSURANCE AGENCY CORP. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President EMERGENT MORTGAGE CORP. OF TENNESSEE By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President HOMEGOLD REALTY, INC. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Its: Executive Vice President