GUARANTY AGREEMENTGuaranty Agreement • December 21st, 2017 • Vulcan Materials CO • Mining & quarrying of nonmetallic minerals (no fuels) • New York
This GUARANTY AGREEMENT (“Guaranty”) is made as of December 21, 2017, by each of the parties identified as “Guarantors” on the signature pages hereto and each other Subsidiary of Vulcan Materials Company, a New Jersey corporation (the “Borrower”) that hereafter becomes a party hereto pursuant to the terms of the Note (defined below) (individually a “Guarantor” and collectively, the “Guarantors”) in favor of BANK OF AMERICA, N.A., (together with its successors, the “Lender”).
TERM LOAN NOTEVulcan Materials CO • December 21st, 2017 • Mining & quarrying of nonmetallic minerals (no fuels)
FOR VALUE RECEIVED, VULCAN MATERIALS COMPANY, a New Jersey corporation (the “Borrower”), hereby promises to pay to BANK OF AMERICA, N.A. (together with its successors and assigns, the “Lender”), in lawful money of the United States of America in accordance with the provisions of this Term Loan Note (including all renewals, extensions, increases or other modifications hereof from time to time, this “Note”), the principal amount of the Term Loan (defined below) made by the Lender to the Borrower under this Note, with interest on the unpaid principal balance at the rate and on the terms provided in this Note. On or prior to the Funding Date (defined below), the obligations under this Note shall be guaranteed pursuant to the terms of the Subsidiary Guaranty (defined below).
