SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

SG Blocks, Inc. – ‘8-K’ for 10/28/21 – ‘EX-10.2’

On:  Monday, 11/1/21, at 7:59pm ET   ·   As of:  11/2/21   ·   For:  10/28/21   ·   Accession #:  1213900-21-55896   ·   File #:  1-38037

Previous ‘8-K’:  ‘8-K’ on 10/28/21 for 10/27/21   ·   Next:  ‘8-K’ on / for 11/15/21   ·   Latest:  ‘8-K’ on 5/9/24 for 5/3/24   ·   13 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/02/21  SG Blocks, Inc.                   8-K:1,2,7,910/28/21   15:481K                                   EdgarAgents LLC/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     33K 
 2: EX-10.1     Lease Agreement by and Between Sg Echo LLC and May  HTML    107K 
                Properties, LLC, Dated October 28, 2021                          
 3: EX-10.2     Guaranty by Sg Blocks, Inc., Dated October 28,      HTML     12K 
                2021                                                             
 4: EX-10.3     Loan Agreement by and Among Sg Echo LLC, the        HTML     29K 
                Durant Industrial Authority and Sg Blocks, Inc.,                 
                as Guarantor, Dated October 29, 2021                             
 5: EX-10.4     Exhibit 10.43 Forgivable Promissory Note, Dated     HTML     25K 
                October 29, 2021, Issued by Sg Echo LLC                          
 6: EX-99.1     Press Release Issued by Sg Blocks, Inc., Dated      HTML     14K 
                November 01, 2021                                                
11: R1          Cover                                               HTML     49K 
13: XML         IDEA XML File -- Filing Summary                      XML     13K 
10: XML         XBRL Instance -- ea149736-8k_sgblocks_htm            XML     16K 
12: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 8: EX-101.LAB  XBRL Labels -- sgbx-20211028_lab                     XML     97K 
 9: EX-101.PRE  XBRL Presentations -- sgbx-20211028_pre              XML     65K 
 7: EX-101.SCH  XBRL Schema -- sgbx-20211028                         XSD     13K 
14: JSON        XBRL Instance as JSON Data -- MetaLinks               25±    34K 
15: ZIP         XBRL Zipped Folder -- 0001213900-21-055896-xbrl      Zip     53K 


‘EX-10.2’   —   Guaranty by Sg Blocks, Inc., Dated October 28, 2021


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 10.2 

 

 

GUARANTY

 

 

May Properties, LLC, a Texas limited liability company, hereinafter referred to as “Landlord” and SG Echo, LLC, a Delaware limited liability company, hereinafter referred to as “Tenant”, entered into a Lease dated October 28, 2021 (the “Lease”), relating to certain real property located at 101 Waldron Road, Durant, Oklahoma (the “Property”). Tenant is an affiliate of SG Blocks, Inc., a Delaware corporation, hereinafter referred to as “Guarantor”.

 

 

NOW THEREFORE, for and in consideration of the execution of the Lease by Landlord and as a material inducement to Landlord to execute the Lease, Guarantor hereby jointly, severally, unconditionally and irrevocably guarantees the prompt payment by Tenant of all sums payable by Tenant under the Lease and the faithful and prompt performance by Tenant of each and every one of the terms, conditions and covenants of the Lease to be kept and performed by Tenant as such are defined in the Lease. The reduction of or limitation on any liabilities of Tenant under the Lease pursuant to any federal or state bankruptcy or insolvency proceeding shall not cause a reduction in or otherwise affect the liabilities or obligations of Guarantor under this Guaranty.

 

It is specifically agreed and understood that so long as the Tenant under the Lease is an affiliate of Guarantor, the terms of the Lease may be altered, affected, modified or changed by agreement between the Tenant and Landlord without consent or notice to Guarantor and that this Guaranty shall thereupon and thereafter guarantee the performance of the Lease as so changed, modified, altered or assigned. Notwithstanding anything to the contrary contained herein, upon Tenant’s satisfactory completion of the Tenant Work, as that term is defined in the Lease, Landlord will release this Guaranty and it shall terminate and be of no further legal force or effect.

 

No notice of default need be given to Guarantor, it being specifically agreed and understood that the guarantee of the undersigned is a continuing guarantee under which Landlord may proceed forthwith and immediately against Tenant or against Guarantor following any breach or default by Tenant or for the enforcement of any rights that Landlord may have as against Tenant pursuant to or under the terms of the Lease or at law or in equity.

 

Landlord shall have the right to proceed against Guarantor hereunder following any default by Tenant without first proceeding against Tenant and without previous notice to or demand upon either Tenant or Guarantor.

 

Guarantor hereby waives (a) notice of acceptance of this Guaranty, (b) demand of payment, presentation and protest, and (c) any right to require Landlord to proceed against Tenant or any other Guarantor or any other person or entity liable to Tenant.

 

This Guaranty, all acts and transactions hereunder and the rights and obligations of the parties hereto shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. All actions or proceedings arising directly or indirectly hereunder will be litigated in courts having situs within the State of Oklahoma, and Guarantor hereby expressly consents to the jurisdiction of any such local, state or federal court, and consents that any service of process in such action or proceeding may be made by personal service upon Guarantor wherever Guarantor may then be located, or by certified or registered mail directed to Guarantor at 195 Montague Street, 14th Floor, Brooklyn New York, NY. (CONTINUED ON FOLLOWING PAGE)

 C: 

 

 

 

IN WITNESS WHEREOF, Guarantor has executed this Guaranty as of this 28 day of October, 2021.

 

  SG BLOCKS, INC., a Delaware corporation
     
  By:

/s/ Paul M. Galvin

 

 

 C: 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed as of:11/2/21
Filed on:11/1/21
For Period end:10/28/218-K
 List all Filings 


13 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/10/24  Safe & Green Holdings Corp.       10-K/A     12/31/23  107:17M                                    EdgarAgents LLC/FA
 5/07/24  Safe & Green Holdings Corp.       10-K       12/31/23  109:17M                                    EdgarAgents LLC/FA
 2/12/24  Safe & Green Holdings Corp.       S-1/A                113:13M                                    EdgarAgents LLC/FA
 2/12/24  Safe & Green Holdings Corp.       S-1/A                114:14M                                    EdgarAgents LLC/FA
 2/06/24  Safe & Green Holdings Corp.       S-1/A                120:14M                                    EdgarAgents LLC/FA
 2/01/24  Safe & Green Holdings Corp.       S-1                  116:13M                                    EdgarAgents LLC/FA
 1/26/24  Safe & Green Holdings Corp.       S-1                  113:14M                                    EdgarAgents LLC/FA
 6/14/23  Safe & Green Holdings Corp.       8-K:1,2,9   6/08/23   15:497K                                   EdgarAgents LLC/FA
 4/05/23  Safe & Green Holdings Corp.       S-1                   14:607K                                   EdgarAgents LLC/FA
 3/31/23  Safe & Green Holdings Corp.       10-K       12/31/22   94:13M                                    EdgarAgents LLC/FA
 4/18/22  Safe & Green Holdings Corp.       10-K       12/31/21   96:12M                                    EdgarAgents LLC/FA
11/18/21  Safe & Green Holdings Corp.       S-1/A                  2:312K                                   EdgarAgents LLC/FA
11/12/21  Safe & Green Holdings Corp.       S-1                    3:356K                                   EdgarAgents LLC/FA
Top
Filing Submission 0001213900-21-055896   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Mon., May 13, 10:18:18.2pm ET