HomeMy WebLinkAbout0046 1:9
IN WITNESS WHEREOF, I have hereunto set my hand and :
official seal.
Notary P ic
My Commission expires:
i
ARTICLE XI
CONCERNING THE UNCONDITIONAL GUARANTY '
The payment of all sums of money required to be paid by
the Company and the performance of all obligations imposed by
this Installment Purchase Trust Agreement upon the Company ~ ~
are additionally secured by an Unconditional Guaranty of the ~
Di Giorgio Corporation, a corporation organized under and existing
by virtue of the laws of the State of Delaware (hereinafter
called "Di ~iorgio" or the "Guarantor"), which Unconditional
Guaranty has been, or prior to the sale and delivery of the
Bonds will be, executed and delivered by Di Giorgio to the
Issuer. The Unconditional Guaranty has been, or prior to
the sale and delivery of the Bonds will be, assigned to the
Barnett Bank ot Jacksonville, National Association, as ~ ~
Trustee, which assignment will be for the benefit and security f
of the Issuer. ~
The Unconditional Guaranty and the assignment shall
be attached hereto as Composite Exhibit C, and shall be in ~
substantiaZly the following forms, with such omissions,
insertions and variations as may be necessary and desirable
and autfiorized or permitted hereby or by any subsequent resolution
adopted prior to the issuance of the Bonds and agreed to by
the parties hereto:
UNCONDITIONAL GUARANTY
THIS UNCONDITIONAL GUARANTY, dated as of the lst day 4
of December, 1972, by the Di Giorgio Corporation, a corporation
organized under and existing by virtue of the laws of the
State of Delaware (hereinafter called "Di Giorgio" or the ~
"Guarantor"),
WITNESSETH:
i
WHEREAS, TreeSwest Products Co., a corporation organized
under and existing by virtue of the laws of the State of
California and authorized to do business in the State of
Florida (hereinafter called the "Company") is a wholly-owned
subsidiary of Di Giorgio and as a result Di Giorgio is vitally
and directly interested in the Company's economic growth; and
WHEREAS, Di Giorgio and the Company are desirous of
building and having built an addition to the Company's present
citrus processing plant in St. Lucie County, Florida; and
WHEREAS, St. Lucie County, ~'lorida, a political sub-
division of the State of Florida (he~einafrer called the "Issuer")
i
' -
~
~
~ 44 ' t .
,i ~ ~ '
I~ ~ ~ .
- a~3 y~ _
- ~
I
~