Common Contracts
2 similar Guaranty Agreement contracts by Elegance Brands, Inc.
Australian Boutique Spirits Pty Ltd.Guaranty Agreement • June 19th, 2020 • Elegance Brands, Inc. • Malt beverages
Australian Boutique Spirits Pty Ltd. (“ABS”) and Amit Raj Beri (“Beri”) hereby acknowledges that Elegance Brands, Inc. (“Elegance”) has paid a contract deposit in the amount of AUS$2,500,000 (US$1,712,500) deposit (the “Deposit”), in connection with the execution of a share purchase agreement dated December 3, 2019 (the “Prior Agreement”), as amended and restated in its entirety pursuant to an amended and restated share purchase agreement, dated as of April 8, 2020 (the “Purchase Agreement”), between ABS, Beri, as sole shareholder of ABS, and Elegance which funds are intended to be used toward cash portion purchase price of ABS by Elegance of AUS$12,780,000 (US$8,488,048) set forth in the Purchase Agreement.
Australian Boutique Spirits Pty Ltd.Guaranty Agreement • April 10th, 2020 • Elegance Brands, Inc. • Malt beverages
Australian Boutique Spirits Pty Ltd. (“ABS”) and Amit Raj Beri (“Beri”) hereby acknowledges that Elegance Brands, Inc. (“Elegance”) has paid a contract deposit in the amount of AUS$2,500,000 (US$1,712,500) deposit (the “Deposit”), in connection with the execution of a share purchase agreement dated December 3, 2019 (the “Prior Agreement”), as amended and restated in its entirety pursuant to an amended and restated share purchase agreement, dated as of April 8, 2020 (the “Purchase Agreement”), between ABS, Beri, as sole shareholder of ABS, and Elegance which funds are intended to be used toward cash portion purchase price of ABS by Elegance of AUS$12,780,000 (US$8,488,048) set forth in the Purchase Agreement.
