Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / draft-limited-guaranty.docx
draft-limited-guaranty.docx
Parties
OF LEASE Meridian Holdings Inc
Meridian Consumer Brands LLC
Meridian Holdings Inc
Whitmore CPAs LLP
Stonebridge Industrial GP LLC
HARKNESS LLP
OF MERIDIAN CONSUMER BRANDS LLC
Harborline Partners LLC
Dates
Amounts
$75,000,000
$1,200,000
$100,000
$300,000
$100,000,000
$125,000,000
Obligations
All capitalized terms used and not otherwise defined in this Guaranty shall have the respective meanings ascribed to such terms in the Lease
The foregoing notwithstanding, Guarantor's aggregate liability under this Guaranty shall in no event exceed the Guaranty Cap as set forth in Section 2
Notwithstanding anything to the contrary contained in this Guaranty, Guarantor's aggregate liability under this Guaranty shall not exceed the Guaranty Cap
Once payments or expenditures made by or on behalf of Guarantor under this Guaranty equal One Million Two Hundred Thousand Dollars ($1,200,000) in the aggregate, Guarantor shall have no further obligation, liability, or responsibility under this Guaranty, and this Guaranty shall thereupon automatically terminate and be of no further force or effect (subject to the provisions of Section 2
] [In the event that Guarantor shall have made payments to Landlord under this Guaranty equal to all or any portion of the Guaranty Cap, and Tenant shall subsequently cure the applicable default(s) and resume performance of its obligations under the Lease for a period of not less than [twelve (12)] consecutive months following such cure, the Guaranty Cap shall be replenished to its original amount of $1,200,000, and Guarantor's obligations hereunder shall be reinstated in full
Guarantor agrees that, as between Guarantor and Landlord, the obligations of Tenant under the Lease may be declared to be forthwith due and payable as provided therein for purposes of this Guaranty, notwithstanding any stay, injunction, or other prohibition preventing such declaration as against Tenant, and that in the event of such declaration (or if such declaration is deemed to have been made), such obligations shall immediately become due and payable by Guarantor for purposes of this Guaranty