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The Borrower hereby covenants to the Lender that during the life of this Agreement and while any amount is owing by the Borrower to the Lender hereunder, it shall:

(ⅰ) provide to the Lender on demand an unconditional and irrevocable guaranty or guaranties of a person(s), a corporation(s) and a financial institution(s) in from and substance satisfactory to the Lender securing the Loan then outstanding, interest thereon and all other sums due or to become due to the Lender hereunder;

(ⅱ) forward promptly to the Lender at any time such financial information regarding its affairs as the Lender may reasonably request;

(ⅲ) pay to the Lender on demand all amounts whatsoever, including fees and expenses of counsel, which the Lender may expend or become liable for in the negotiation, preparation, implementation and enforcement of the Loan Agreement including demanding, suing for, recovering and receiving payment of any sum due to the Lender hereunder and under any doc-uments executed pursuant hereto;

(ⅳ) pay all taxes, assessments and governmental charges upon it or upon its properties promptly when due and, in any event, prior to the date on which penalties may become attached thereto;

(ⅴ) as soon as possible but in any event within seven (7) days after occurrence, give written notice to the Lender of any Event of Default as described in section 13 hereof or any event which, with the giving of notice or passage of time, or both, matter which has resulted or might result in a material adverse change in the Borrower's financial condition or operations;

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