Release of Tenant Guaranty Agreement between Dansville Properties, LLC and MISCOR Group, Ltd.

Contract Categories: Business Finance › Release Agreements
Summary

Dansville Properties, LLC has agreed to release MISCOR Group, Ltd. from all current and future claims related to a Tenant Guaranty dated January 16, 2008. This means Dansville Properties will not pursue any legal action against MISCOR for any issues arising from that guaranty, now or in the future. The agreement is signed by Dansville Properties and witnessed, making the release legally binding for both parties and their affiliates.

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EX-10.1 3 mis_8k0309ex101.htm RELEASE OF TENANT GUARANTY mis_8k0309ex101.htm
Exhibit 10.1
 


 
RELEASE OF TENANT GUARANTY
 

DANSVILLE PROPERTIES, LLC, for itself, its agents, representatives, employees, shareholders, officers, directors, attorneys, successors or assigns, divisions, subsidiaries, and affiliated companies (collectively “Dansville Properties”) hereby releases and waives MISCOR Group, Ltd., together with its agents, representatives, employees, shareholders, officers, directors, attorneys, successors or assigns, divisions, subsidiaries, and affiliated companies (collectively “MISCOR”) from any claim, demand, action, or cause of action known or unknown, current or future, which Dansville Properties may have or may have ever had against MISCOR under the terms of the Tenant Guaranty dated January 16, 2008 (“Agreement”).  Further, Dansville Properties promises not to ever bring suit against MISCOR alleging any claim for breach of the Tenant Guaranty.
 


 
Dansville Properties, LLC
   
   
 
Lawrence D. Mehlenbacher, Sole Member

Witnessed:
  
   
   
Richard Rizzieri