Unconditional Guarantee Sample Contracts

Exhibit A UNCONDITIONAL GUARANTEE
Unconditional Guarantee • September 28th, 2011 • Phoenix International Ventures, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

In consideration of financial accommodations given or to be given or continued to, Phoenix Aerospace, Inc., a company incorporated under the laws of the State of Nevada (the “Borrower”) of 61B Industrial Parkway, Mound House, NV 89706, U.S.A., by Zvi Bar-Nes Nissensohn, Israeli Passport no. 9379265 (the “Lender”), pursuant to that certain Convertible Loan Agreement made and entered into on even date (“CLA”) among the Borrower, the undersigned and the Lender, the undersigned irrevocably and unconditionally guarantee to the Lender, payment pursuant to the CLA when due, whether by acceleration or otherwise, of any and all liabilities of the Borrower to the Lender, to amounts, together with all interest thereon and all attorney’s fees, costs and expenses of collection incurred by the Lender in enforcing any of such liabilities and/or the terms hereof.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.