CROSS-COLLATERAL AND CROSS-DEFAULT AGREEMENT
General Electric Capital Corporation
311 North Bayshore Drive
Safety Harbor, FL 34695
You (and/or your affiliates, successors or assigns, " you" ) have entered into or purchased one or more conditional sale contracts, lease agreements, chattel mortgages, security agreements, notes and other choses in action (herein designated " Accounts" ) arising from the bona fide sale or lease to us, by various vendors or lessors, of equipment and inventory (herein designated " Collateral" ) and/or you have made direct loans to or otherwise extended credit to us evidenced by Accounts creating security interests in Collateral. This agreement does not include real estate pledged as collateral to GE Commercial Finance Business Property Corporation.
In order to induce you to extend our time of payment on one or more Accounts and/or to make additional loans to us and/or to purchase additional Accounts and/or to lease us additional equipment, and in consideration of you so doing, and for other good and valuable consideration, the receipt of which we hereby acknowledge, we agree as follows:
All presently existing and hereafter acquired Collateral in which you have or shall have a security interest shall secure the payment and performance of all of our liabilities and obligations to you of every kind and character, whether joint or several, direct or indirect, absolute or contingent, due or to become due, and whether under prese