Common Contracts
2 similar Receipt and Agreement contracts by Pueblo Xtra International Inc
EXHIBIT NO. 10.2 RECEIPT AND AGREEMENT The undersigned, PUEBLO XTRA INTERNATIONAL, INC. ("PXI"), hereby acknowledges receipt from PXC&M HOLDINGS, INC. ("PXC&M") of $10,000,000 in cash, and hereby agrees to contribute $9,350,000 of such amount to...Receipt and Agreement • December 17th, 1996 • Pueblo Xtra International Inc • Retail-grocery stores
EXHIBIT NO. 10.1 RECEIPT AND AGREEMENT The undersigned, PXC&M HOLDINGS, INC. ("PXC&M"), hereby acknowledges receipt from BOTHWELL CORPORATION ("BOTHWELL") of $10,000,000 in cash, and hereby agrees to advance such amount forthwith to Pueblo Xtra...Receipt and Agreement • December 17th, 1996 • Pueblo Xtra International Inc • Retail-grocery stores
The undersigned, PXC&M HOLDINGS, INC. ("PXC&M"), hereby acknowledges receipt from BOTHWELL CORPORATION ("BOTHWELL") of $10,000,000 in cash, and hereby agrees to advance such amount forthwith to Pueblo Xtra International, Inc. In consideration of the receipt of such amount from Bothwell, PXC&M hereby agrees to issue or deliver to Bothwell or its designee as soon as practicable (and in any event by no later than November 18, 1996 or such later date as PXC&M and Bothwell may agree) Acceptable Consideration having a principal or face amount or other value (as determined by Bothwell in its sole discretion) of $10,000,000. As used herein, "ACCEPTABLE CONSIDERATION" shall mean one or more promissory notes or other instruments or obligations payable by PXC&M to Bothwell or its designee, or securities representing equity interests in PXC&M, in each case in form and substance satisfactory to Bothwell.
