<PAGE>
Exhibit (a)(1)(C)
NOTICE OF GUARANTEED DELIVERY
for
TENDER OF SHARES OF COMMON STOCK
(Including the Related Preferred Stock Purchase Rights)
of
CHASE INDUSTRIES INC.
THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 MIDNIGHT,
NEW YORK CITY TIME, ON WEDNESDAY, JANUARY 31, 2001, UNLESS THE OFFER IS
EXTENDED.
As set forth in "THE TENDER OFFER--Procedures for Accepting the Offer and
Tendering Shares and Rights" of the Offer to Purchase (as defined below), this
form or one substantially equivalent hereto must be used to accept the Offer
(as defined below) if (i) certificates ("Share Certificates") representing
shares (the "Shares") of common stock, $0.01 par value per share, of Chase
Industries Inc., a Delaware corporation (the "Company"), or if applicable,
certificates ("Rights Certificates") for the related rights to purchase shares
of Junior Participating Preferred Stock of the Company (the "Rights") issued
pursuant to the Rights Agreement for such Rights, by and between the Company
and Mellon Investor Services LLC, as Rights Agent, are not immediately
available (including if the Distribution Date (as defined in the Offer to
Purchase) has occurred but Rights Certificates have not yet been distributed);
(ii) time will not permit all required documents to reach Mellon Investor
Services, L.L.C., as Depositary (the "Depositary"), prior to the Expiration
Date (as defined in the Offer to Purchase); or (iii) the procedures for book-
entry transfer for all required documents cannot be completed on a timely
basis. Unless the context otherwise requires, all references herein to the
Shares shall be deemed to include the Rights, and all references to the Rights
include the benefits that may inure to holders of Rights pursuant to the
Rights Agreement. This form may be delivered by hand to the Depositary or
transmitted by telegram, facsimile transmission or mail to the Depositary and
must include a guarantee by an Eligible Institution (as defined in the Offer
to Purchase). See "THE TENDER OFFER--Procedures for Accepting the Offer and
Tendering Shares and Rights" of the Offer to Purchase.
The Depositary for the Offer is:
MELLON INVESTOR SERVICES, L.L.C.
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By Mail: By Hand: By Overnight Delivery:
Mellon Investor Services, L.L.C. Mellon Investor Services, L.L.C. Mellon Investor Services, L.L.C.
Reorganization Department Reorganization Department Reorganization Department
P.O. Box 3301 120 Broadway 85 Challenger Road
South Hackensack, NJ 07606 13th Floor Mail Stop--Reorg
New York, NY 10271 Ridgefield Park, NJ 07660
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By Facsimile:
(For Eligible Institutions Only)
(201) 296-4293
Confirmation Receipt of Facsimile
By Telephone Only
(201) 296-4860
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS, OR TRANSMISSION OF INSTRUCTIONS
VIA A FACSIMILE NUMBER, OTHER THAN AS SET FORTH ABOVE, DOES NOT CONSTITUTE A
VALID DELIVERY.
THIS FORM IS NOT TO BE USED TO GUARANTEE SIGNATURES. IF A SIGNATURE ON A
LETTER OF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN ELIGIBLE INSTITUTION
UNDER THE INSTRUCTIONS THERETO, SUCH SIGNATURE GUARANTEE MUST APPEAR IN THE
APPLICABLE SPACE PROVIDED IN THE SIGNATURE BOX ON THE LETTER OF TRANSMITTAL.
THE GUARANTEE ON THE REVERSE SIDE MUST BE COMPLETED.
<PAGE>
Ladies and Gentlemen:
The undersigned hereby tenders to Chase Acquisition Corporation, a
Delaware corporation (the "Purchaser") and a majority-owned subsidiary of
Court Square Capital Limited, a Delaware corporation, upon the terms and
subject to the conditions set forth in the Purchaser's Offer to Purchase
dated January 2, 2001 (the "Offer to Purchase") and in the related Letter
of Transmittal (which, together with any amendments or supplements thereto,
collectively constitute the "Offer"), receipt of which is hereby
acknowledged, the number of Shares and/or Rights set forth below, all
pursuant to the guaranteed delivery procedures set forth in "THE TENDER
OFFER--Procedures for Accepting the Offer and Tendering Shares and Rights"
of the Offer to Purchase.
Name(s) of Record Holder(s) Number of Shares
------------------------------------ ------------------------------------
------------------------------------
------------------------------------ Number of Rights
PLEASE PRINT
------------------------------------ ------------------------------------
Address(es)
------------------------------------ Certificate Nos. (if available)
------------------------------------
ZIP Code ------------------------------------
------------------------------------
Daytime Area Code and Tel. No. ------------------------------------
------------------------------------
Signature(s) ------------------------------------
(Check box if Shares and/or Rights
will be tendered by book-entry
transfer)
[_] The Depository Trust Company
Account Number at Book Entry
Transfer Facility
------------------------------------
Dated
GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a firm that is a participant in the Security Transfer
Agents Medallion Program, the New York Stock Exchange Medallion Signature
Guarantee Program or the Stock Exchange Medallion Program, hereby
guarantees to deliver to the Depositary either the certificates
representing the Shares and/or Rights tendered hereby, in proper form for
transfer, or a Book-Entry Confirmation (as defined in the Offer to
Purchase) with respect to such Shares and, if applicable, such Rights, in
any such case together with a Letter of Transmittal (or a facsimile
thereof), properly completed and duly executed, together with any required
signature guarantees, or an Agent's Message (as defined in the Offer to
Purchase), and any other required documents, within (a) three NYSE trading
days after the date hereof or (b) in the case of the Rights, a period
ending on the later of (i) three NYSE trading days of the date hereof and
(ii) three business days after the date Rights Certificates are distributed
to the stockholders by the Company. An "NYSE trading day" is a day on which
the New York Stock Exchange is open for business.
The Eligible Institution that completes this form must communicate the
guarantee to the Depositary and must deliver the Letter of Transmittal and
certificates for Shares and/or Rights to the Depositary within the time
period shown herein. Failure to do so could result in a financial loss to
such Eligible Institution.
Name of Firm _______________________________________________________________
Address ____________________________________________________________________
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Area Code and Tel. No. _____________________________________________________
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AUTHORIZED SIGNATURE
Name _______________________________________________________________________
PLEASE TYPE OR PRINT
Title ______________________________________________________________________
Dated ______________________________________________________________________
NOTE: DO NOT SEND CERTIFICATES FOR SHARES OR RIGHTS WITH THIS NOTICE.
CERTIFICATES FOR SHARES OR RIGHTS SHOULD BE SENT WITH YOUR LETTER OF
TRANSMITTAL.
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