SPONSOR SUPPORT AGREEMENTSponsor Support Agreement • April 24th, 2007 • Southwest Casino Corp • Services-amusement & recreation services • New York
This Sponsor Support Agreement (as amended or otherwise modified from time to time, the “Agreement”) is dated as of April 20, 2007 and is entered into by and among SOUTHWEST CASINO AND HOTEL CORP., a Minnesota corporation (“SCHC”), SOUTHWEST CASINO CORPORATION, a Nevada corporation (“SCC” and together with SCHC, the “Sponsors”), and BLACK DIAMOND COMMERCIAL FINANCE, L.L.C., as Agent (“Agent”) for the benefit of itself and the Lenders. All capitalized terms used and not otherwise defined herein shall have the respective meanings set forth in the Credit Agreement referred to below.
CREDIT AGREEMENT DATED AS OF APRIL 20, 2007 by and among NORTH METRO HARNESS INITIATIVE, LLC as Borrower and THE OTHER PERSONS PARTY HERETO THAT ARE DESIGNATED AS LOAN PARTIES and BLACK DIAMOND COMMERCIAL FINANCE, L.L.C. as Agent, Lead Arranger and a...Credit Agreement • April 24th, 2007 • Southwest Casino Corp • Services-amusement & recreation services • New York
This CREDIT AGREEMENT is dated as of April 20, 2007 and entered into by and among NORTH METRO HARNESS INITIATIVE, LLC, a Minnesota limited liability company (“Borrower”), the other persons designated as “Loan Parties”, the financial institutions who are or hereafter become parties to this Agreement as Lenders, and BLACK DIAMOND COMMERCIAL FINANCE, L.L.C., a Delaware limited liability company (in its individual capacity, “BDCF”), as Agent and a Lender.
SUBORDINATION AGREEMENTSubordination Agreement • April 24th, 2007 • Southwest Casino Corp • Services-amusement & recreation services • New York
THIS SUBORDINATION AGREEMENT (this “Agreement”) is entered into as of April 20, 2007, by and among SOUTHWEST CASINO AND HOTEL CORP., a Minnesota corporation (“Subordinated Creditor”), NORTH METRO HARNESS INITIATIVE, LLC, a Minnesota limited liability company (the “Company”), and BLACK DIAMOND COMMERCIAL FINANCE, L.L.C., a Delaware limited liability company, as Agent for all Senior Lenders party to the Senior Credit Agreement described below.
PLEDGE AGREEMENTPledge Agreement • April 24th, 2007 • Southwest Casino Corp • Services-amusement & recreation services • New York
This PLEDGE AGREEMENT, dated as of April 20, 2007 (together with all amendments, if any, from time to time hereto, this “Agreement”) between SOUTHWEST CASINO AND HOTEL CORP., a Nevada corporation (the “Pledgor”), and BLACK DIAMOND COMMERCIAL FINANCE, L.L.C., a Delaware limited liability company, individually and in its capacity as Agent for itself and Lenders (“Agent”).
