Common Contracts

3 similar Investment Terms contracts by Millennium Entertainment Partners Lp, Millennium Partners LLC, Sports Club Co Inc

THE SPORTS CLUB COMPANY, INC. 11100 SANTA MONICA BLVD., SUITE 300 LOS ANGELES, CA 90025
Investment Terms • February 27th, 1998 • Sports Club Co Inc • Services-membership sports & recreation clubs
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Exhibit 2 THE SPORTS CLUB COMPANY, INC. 11100 SANTA MONICA BLVD., SUITE 300 LOS ANGELES, CA 90025
Investment Terms • July 1st, 1997 • Millennium Entertainment Partners Lp • Services-membership sports & recreation clubs

Reference is made to the Letter Agreement dated March 13, 1997 (the "Letter Agreement"), pursuant to which Millennium Entertainment Partners, L.P. has agreed to acquire an equity ownership interest in the Sports Club Company, Inc. ("SCC") for an aggregate purchase price (the "Purchase Price") of ten million dollars ($10,000,000.00) as provided therein, and SCC will acquire, as part of the Purchase Price, certain interests in Reebok Sports Club/NY, Ltd. (the "Partnership"). Capitalized terms used but not defined herein shall have the meaning set forth in the Letter Agreement. The parties have agreed, notwithstanding the terms of Paragraph 14(k) of the Letter Agreement, to extend the term of the Letter Agreement and to effect the Closing on or about June 12, 1997. In addition, the Schedules delivered by SCC to Millennium pursuant to the Letter Agreement are amended as set forth in the Schedules attached hereto, and Millennium consents to the changes reflected therein.

Exhibit 2 THE SPORTS CLUB COMPANY, INC. 11100 SANTA MONICA BLVD., SUITE 300 LOS ANGELES, CA 90025
Investment Terms • July 1st, 1997 • Millennium Partners LLC • Services-membership sports & recreation clubs

Reference is made to the Letter Agreement dated March 13, 1997 (the "Letter Agreement"), pursuant to which Millennium Entertainment Partners, L.P. has agreed to acquire an equity ownership interest in the Sports Club Company, Inc. ("SCC") for an aggregate purchase price (the "Purchase Price") of ten million dollars ($10,000,000.00) as provided therein, and SCC will acquire, as part of the Purchase Price, certain interests in Reebok Sports Club/NY, Ltd. (the "Partnership"). Capitalized terms used but not defined herein shall have the meaning set forth in the Letter Agreement. The parties have agreed, notwithstanding the terms of Paragraph 14(k) of the Letter Agreement, to extend the term of the Letter Agreement and to effect the Closing on or about June 12, 1997. In addition, the Schedules delivered by SCC to Millennium pursuant to the Letter Agreement are amended as set forth in the Schedules attached hereto, and Millennium consents to the changes reflected therein.

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