GUARANTY AGREEMENTGuaranty Agreement • March 11th, 2015 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
As an inducement to Branch Banking and Trust Company ("Bank"), to extend credit to and to otherwise deal with The Goldfield Corporation ("Borrower"), and in consideration thereof, the undersigned (the “Guarantor” and each of the undersigned Guarantors, jointly and severally, if more than one) hereby unconditionally guarantees to Bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, ACH obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of Borrower, at any time, whether now existing or hereafter incurred with or held by Bank, together with interest, as and when the same become due and payable, and whether by acceleration or otherwise (collectively, the “Obligations”), in accordance with the terms of the Obligations including all renewals, extensions and modifications thereof. This Guaranty is a guarantee of payment and not of collection.
MASTER LOAN AGREEMENTMaster Loan Agreement • March 11th, 2015 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
This Master Loan Agreement (this “Loan Agreement”) is made as of the 6th day of March, 2015, (the “Agreement Date”) by and between The Goldfield Corporation, a Delaware corporation, Power Corporation of America, a Florida corporation, Southeast Power Corporation, a Florida corporation, C and C Power Line, Inc. a Florida corporation, Bayswater Development Corporation, a Florida corporation, and Pineapple House of Brevard, Inc., a Florida corporation (either “Borrower” or collectively “Guarantors” as set forth in Exhibit “A”), and Branch Banking and Trust Company (“Lender”).
BB&T SECURITY AGREEMENTSecurity Agreement • March 11th, 2015 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
This Security Agreement (“Security Agreement”) is made March 6, 2015, between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Power Corporation of America, a Florida corporation, Bayswater Development Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation, and C and C Power Line, Inc., a Florida corporation (collectively, “Debtor”), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).
