ASSET PURCHASE AGREEMENT by and among Renovare Environmental, Inc., BioHi Tech America, LLC and TraQiQ, Inc.Asset Purchase Agreement • January 10th, 2023 • Renovare Environmental, Inc. • Services-educational services • New York
This ASSET PURCHASE AGREEMENT (this “Agreement”) is made as of December 30, 2022, by and among Renovare Environmental, Inc., a Delaware corporation (“Renovare”) , BioHiTech America, LLC, a Delaware limited liability company (together, with Renovare, the “Sellers”) on the one hand, and TraQiQ, Inc., a California corporation (“Buyer” and, together with Sellers, the “Parties” and, each individually, a “Party”).
AMENDED AND RESTATED SECURITY AGREEMENT DATED AS OF DECEMBER 30, 2022 BY AND AMONG MICHAELSON CAPITAL SPECIAL FINANCE FUND II, L.P., AS NOTEHOLDER AND RENOVARE ENVIRONMENTAL, INC. (F/K/A BIOHITECH GLOBAL, INC.), BHT FINANCIAL, LLC, BIOHITECH AMERICA,...Security Agreement • January 10th, 2023 • Renovare Environmental, Inc. • Services-educational services • New York
GUARANTY AND SURETYSHIP AGREEMENTGuaranty and Suretyship Agreement • January 10th, 2023 • Renovare Environmental, Inc. • Services-educational services
THIS GUARANTY AND SURETYSHIP AGREEMENT (this “Agreement”) is made as of December 30, 2022 by each of Renovare Environmental, Inc. (f/k/a BioHiTech Global, Inc.), a Delaware corporation (“Renovare”), BHT Financial, LLC, a Delaware limited liability company (“BHT Financial”), BioHiTech America, LLC a Delaware limited liability company (“BHT America”), BioHiTech Europe, PLC, a United Kingdom private limited company (“BHT UK”), E.N.A. Renewables, LLC, a Delaware limited liability company (“ENA”), and New Windsor Resource Recovery, LLC, a Delaware limited liability company (“New Windsor,” and together with Renovare, BHT Financial, BHT America, BHT UK, and ENA, collectively, jointly and severally referred to herein as the “Guarantors” and each a “Guarantor”) in favor of Michaelson Capital Special Finance Fund II, L.P., a Delaware limited partnership (“Noteholder”).
ASSUMPTION AGREEMENTAssumption Agreement • January 10th, 2023 • Renovare Environmental, Inc. • Services-educational services
THIS ASSUMPTION AGREEMENT (this “Agreement”) is made and entered into as of December 30, 2022 (the “Effective Date”), by and between TraQiQ, Inc., a California corporation (“TraQiQ”) and Michaelson Capital Special Finance Fund II, L.P., a Delaware limited partnership (“MCSFF”), as acknowledged and agreed by Renovare Environmental, Inc. (f/k/a BioHiTech Global, Inc.), a Delaware corporation (“Renovare”), BHT Financial, LLC a. Delaware limited liability company (“BHT Financial”), BioHiTech America, LLC a Delaware limited liability company (“BHT America”), BioHiTech Europe, PLC, a United Kingdom private limited company (“BHT UK”), E.N.A. Renewables, LLC, a Delaware limited liability company (“ENA”), and New Windsor Resource Recovery, LLC, a Delaware limited liability company (“New Windsor,” and together with Renovare, BHT Financial, BHT America, BHT UK, and ENA, collectively, jointly and severally referred to herein as the “Renovare Companies”” and each as a “Renovare Company”).
