BLANKET CONVEYANCE, BILL OF SALE AND ASSIGNMENT
Exhibit 10.15
BLANKET CONVEYANCE, XXXX OF SALE AND ASSIGNMENT
WHEREAS, it is the desire of WILDCAT MOUNTAIN SKI AREA, INC., a New Hampshire corporation,
MEADOW GREEN — WILDCAT SKILIFT CORP., a New Hampshire corporation, and MEADOW GREEN — WILDCAT
CORP., a New Hampshire corporation (collectively “Assignor”) hereby to assign, transfer, sell and
convey to WC ACQUISITION CORP. (“Assignee”) (Assignor and Assignee are sometimes collectively
referred to as the “Parties”) all Personal Property attached or appurtenant to or used in
connection with that certain tract of Land and all Improvements thereon commonly known as Wildcat
Mountain Ski Area, more particularly described on Exhibit A attached hereto and made a part
hereof for all purposes (“Property”) and all existing warranties or guarantees given in connection
with the operation of the Property (to the extent assignable) (all of such properties and assets
being collectively called the “Assigned Properties”).
NOW, THEREFORE, in consideration of the receipt of One and no/100 Dollars ($1.00) and other
good and valuable consideration in hand paid by Assignee to Assignor, the receipt and sufficiency
of which are hereby acknowledged and confessed by Assignor, Assignor does hereby BARGAIN, SELL,
TRANSFER, SET OVER, and DELIVER to Assignee, its successors and assigns, the Assigned Properties
described as follows:
1. All fixtures, equipment, apparatus, appliances, machinery and items of personal property,
owned by Assignor and located on the Property and used in connection with the occupancy, management
and/or operation of the improvements located thereon.
2. To the extent assignable, any and all guaranties or warranties now in effect covering all
or any part of the Property. Assignor agrees to assist Assignee in enforcing any guaranties or
warranties against any contractor, subcontractor, vendor or other parties for the benefit of
Assignee or its assigns or any of the other Assigned Properties.
TO HAVE AND TO HOLD the Assigned Properties unto Assignee, its successors, and assigns,
forever, and Assignor does hereby bind itself, its successors and assigns, to WARRANT and FOREVER
DEFEND, all and singular, title to the Assigned Properties unto Assignee, its successors and
assigns, against every person whomsoever lawfully claiming or to claim the same, or any part
thereof.
Assignor hereby constitutes and appoints Assignee as Assignor’s true and lawful attorney, with
full power of substitution, for it and in its name, place, and stead, or otherwise, but on behalf
of and for the benefit of Assignee, to demand and receive from time to time any and all of the
Assigned Properties hereby sold, assigned, and conveyed, or intended so to be, and to get receipts
and releases for and in respect of the same or any part thereof, and from time to time to institute
and prosecute in the name of Assignor or otherwise, but at the expense and for the benefit of
Assignee, any and all proceedings at law, in equity, or otherwise, that Assignee may deem proper in
order to collect, assert, or enforce any claim, right, or title, of any kind, in and to the
Assigned Properties, and to defend and compromise any and all actions, suits, or proceedings in
respect of any of the Assigned Properties, and generally to do all and any such acts and things in
relation thereto as Assignee shall deem advisable; provided, however, that Assignee shall indemnify
and by its acceptance hereof agrees to hold Assignor harmless from any loss, cost,
expense (including reasonable attorney’s fees), claim, demand, or liability arising out of the
exercise by Assignee of the powers hereby granted to Assignee by Assignor.
Assignor fully covenants and warrants to Assignee, its successors and assigns, that Assignor
is well seized of the Assigned Properties, has good and marketable title thereto and has the right
to convey the same; that the same is free and clear of all liens, charges and encumbrances, other
than any which may be created or imposed thereon by Assignee; and that it will warrant and defend
the title thereto unto Assignee, its successors and assigns, against the lawful claims of all
persons whomsoever who may claim any interest therein by, through or under Assignor, except those
claiming by, through or under Assignee.
Capitalized terms, unless otherwise defined herein, shall have the same meaning as defined in
that certain Purchase and Sale Agreement between the Parties dated October 20, 2010.
EXECUTED this 19th day of November, 2010.
ASSIGNOR: | ASSIGNEE: | |||||||||
WILDCAT MOUNTAIN SKI AREA, INC., a New Hampshire corporation |
WC ACQUISITION CORP., a New Hampshire corporation |
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By:
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/s/ Xxxxxxxx Xxxxxxx
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By: | /s/ Xxxxxxx X. Xxxxxxx
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MEADOW GREEN-WILDCAT SKILIFT CORP., a New Hampshire corporation |
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By:
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/s/ Xxxxxxxx Xxxxxxx
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MEADOW GREEN — WILDCAT CORP., a New Hampshire corporation |
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By:
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/s/ Xxxxxxxx Xxxxxxx
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Exhibit A
to Blanket Conveyance,
Xxxx of Sale and Assignment
to Blanket Conveyance,
Xxxx of Sale and Assignment
The land referred to herein is situated in the State of New Hampshire, County of Coos and described
as follows:
Approximately 953 acres described as portions of U.S. Tracts #16, 18, 31 and 68 lying on the
northwest slope of Wildcat Mountain near Xxxxxxx Notch in the White Mountain National Forest as
shown on a Special Use Permit Boundary map dated July 15, 2009 which is attached to a certain Ski
Area Term Special Use Permit between MEADOW GREEN — WILDCAT CORP., a New Hampshire corporation, and
the U.S. Forest Service of near or even date.
Commonly known as Wildcat Mountain Ski Area.