Loan No. 1201-P-01-01 GUARANTY AGREEMENT (MV ROYAL STAR) This Guaranty Agreement (this "Guaranty"), made by INTERNATIONAL THOROUGHBRED BREEDERS, INC., a Delaware corporation ("Guarantor"), whose address for purposes hereof is 1105 North Market Street,...Guaranty Agreement • January 11th, 2005 • International Thoroughbred Breeders Inc • Services-racing, including track operation • Nevada
GUARANTY (Lease)International Thoroughbred Breeders Inc • January 11th, 2005 • Services-racing, including track operation
FOR VALUE RECEIVED, and in order to induce PDS GAMING CORPORATION, a Minnesota corporation ("Lessor"), to lease to ROYAL STAR ENTERTAINMENT, LLC, a Delaware limited liability company ("Lessee") the equipment described in that certain Master Lease Agreement dated January 6, 2005("Lease Agreement") and Lease Schedule No. 1 thereto dated January 6, 2005("Lease Schedule") (the Lease Agreement, Lease Schedule and all documents and instruments executed and delivered to Lessor in connection with the Lease are hereafter collectively the "Lease") made and executed by the Lessee to the order of Lessor, the undersigned hereby absolutely and unconditionally guarantees to Lessor the due and prompt payment by Lessee of all sums due under the Lease, and all other costs incurred, including reasonable attorneys' fees, in enforcing payment of the Lease or this Guaranty (all such costs, the indebtedness evidenced by, and the terms and conditions of the Lease and this Guaranty being herein collectively re
RECITALSMaster Lease Agreement • January 11th, 2005 • International Thoroughbred Breeders Inc • Services-racing, including track operation • Nevada
Transaction No. 1201-L-01-01 LEASE SCHEDULE NO. 1 (With Options) THIS LEASE SCHEDULE NO. 1 ("Lease Schedule") is attached to and made a part of the Master Lease Agreement dated January 6,2005 ("Lease") between PDS GAMING CORPORATION, a Minnesota...International Thoroughbred Breeders Inc • January 11th, 2005 • Services-racing, including track operation
