100,000,000 SUN INTERNATIONAL HOTELS LIMITED SUN INTERNATIONAL NORTH AMERICA, INC. 85/8% Senior Subordinated Notes due 2007 PURCHASE AGREEMENT December 10, 1997Purchase Agreement • December 12th, 1997 • Sun International North America Inc • Services-miscellaneous amusement & recreation • New York
SUN INTERNATIONAL BAHAMAS LIMITED PARADISE ISLAND LIMITED ISLAND HOTEL COMPANY LIMITED PARADISE BEACH INN LIMITED PARADISE ENTERPRISES LIMITED PARADISE ACQUISITIONS LIMITED SUN INTERNATIONAL MANAGEMENT LIMITED SUN COVE, LTD. RESORTS INTERNATIONAL...Senior Subordinated Guarantee • December 12th, 1997 • Sun International North America Inc • Services-miscellaneous amusement & recreation
For value received, each of Sun International Bahamas Limited, Paradise Island Limited, Island Hotel Company Limited, Paradise Beach Inn Limited, Paradise Enterprises Limited, Paradise Acquisitions Limited, Sun International Management Limited, Sun Cove, Ltd., Resorts International Hotel, Inc. and GGRI, Inc. hereby irrevocably, unconditionally guarantees on a senior subordinated basis to the Holder of the Security upon which this Guarantee is endorsed the due and punctual payment, as set forth in the Indenture pursuant to which such Security and this Guarantee were issued, of the principal of, premium (if any) and interest on such Security when and as the same shall become due and payable for any reason according to the terms of such Security and Article XI of the Indenture. The Guarantee of the Security upon which this Guarantee is endorsed will not become effective until the Trustee signs the certificate of authentication on such Security.
