Horizon Group Properties – Guaranty of Payment and Completion (April 28th, 2003)
THIS GUARANTY OF PAYMENT AND COMPLETION (this Guaranty) is dated as of April 24, 2003 and given by HORIZON GROUP PROPERTIES, INC., a Maryland corporation (the Guarantor), to and for the benefit of AMSTER TRADING COMPANY CHARITABLE REMAINDER UNITRUST DATED MARCH 10, 2003 (Lender).
Horizon Group Properties – Promissory Note (April 28th, 2003)
FOR VALUE RECEIVED, Horizon Group Properties, L.P., a Delaware limited partnership (Borrower), with a mailing address of 77 West Wacker Drive Suite 4200, Chicago, IL 60601 Attention: Gary J. Skoien promises to pay to the order of Amster Trading Company Charitable Remainder Unitrust dated March 10, 2003 or the holder hereof (Lender), at its office at 23811 Chagrin Boulevard, Suite 200, Beachwood, Ohio 44122, or such other place as Lender may designate in writing, in the manner provided hereinafter, the principal sum of THREE MILLION ONE HUNDRED THOUSAND AND NO/100 Dollars ($3,100,000.00) (the Loan), or so much thereof as may now or hereafter be advanced by Lender to or for the benefit of Borrower on or before the Maturity Date (as defined below) of this Promissory Note (this Note), with interest, in the manner and upon the terms and conditions set in this Note and in that certain Construction and Term Loan Agreement of even date herewith between Borrower and Lender (the Loan Agreement).
Horizon Group Properties – Guaranty (March 17th, 2003)
THIS GUARANTY (this Guaranty) is made and entered into as of the 14th day of March, 2003, by THE PRIME GROUP, INC., an Illinois corporation (TPG), PRIME GROUP LIMITED PARTNERSHIP, an Illinois limited partnership (PGLP), PRIME GROUP II, L.P., an Illinois limited partnership (PG2LP), PGLP, INC., an Illinois corporation (PGLPI) and PRIME INTERNATIONAL, INC., an Illinois corporation (PII). TPG, PGLP, PG2LP, PGLPI and PII are sometimes referred to herein, individually, as a Guarantor, and, together, as Guarantors), in favor of HORIZON GROUP PROPERTIES, INC., a Maryland corporation (Lender).
Horizon Group Properties – Agreement (May 7th, 2001)