ContractGuarantor Security Agreement • November 15th, 2010 • Peoples Liberation Inc • Apparel & other finishd prods of fabrics & similar matl • California
ContractBorrower Security Agreement • November 15th, 2010 • Peoples Liberation Inc • Apparel & other finishd prods of fabrics & similar matl • California
APA SECURITY AGREEMENTSecurity Agreement • November 15th, 2010 • Peoples Liberation Inc • Apparel & other finishd prods of fabrics & similar matl • California
THIS APA SECURITY AGREEMENT (as amended, restated, supplemented, extended or otherwise modified from time to time, this "Agreement") dated as of August 13, 2010, is entered into by PEOPLE'S LIBERATION, INC., a Delaware corporation ("PLI"), VERSATILE ENTERTAINMENT, INC., a California corporation ("Versatile" and, together with PLI, the "Sellers"), BELLA ROSE, LLC, a California limited liability company ("Bella Rose"), WILLIAM RAST LICENSING, LLC, a California limited liability company ("Licensing"), WILLIAM RAST SOURCING, LLC, a California limited liability company ("Sourcing"), and WILLIAM RAST RETAIL, LLC, a California limited liability company ("Retail" and together with the Sellers, Bella Rose, Licensing and Sourcing, the "Grantors" and each a "Grantor"), in favor of ECA HOLDINGS II, LLC, a Delaware limited liability company ("ECA"), for the benefit of itself as collateral agent and for the benefit of the Purchasers referred to below (in such capacity, the "Collateral Agent").
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • November 15th, 2010 • Peoples Liberation Inc • Apparel & other finishd prods of fabrics & similar matl
This Asset Purchase Agreement (the "Agreement") is between ECA Holdings II, LLC (“ECA”) and New Media Retail Concepts, LLC (“NMRC” and, together with ECA, "Buyer"), and People's Liberation, Inc. (“PPLB”) and its wholly owned subsidiary Versatile Entertainment, Inc. (“VEI” and, together with PPLB, "Seller"). Buyer and Seller agree as follows:
GUARANTYGuaranty • November 15th, 2010 • Peoples Liberation Inc • Apparel & other finishd prods of fabrics & similar matl • California
FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, and in consideration of credit and/or financial accommodation heretofore or hereafter from time to time made or granted to WILLIAM RAST LICENSING, LLC, a California limited liability company ("Borrower") by MOBILITY SPECIAL SITUATIONS I, LLC, a California limited liability company ("Mobility" and together with any subsidiaries or affiliates of Mobility and its successors and assigns, the "Lender"), the undersigned Guarantor (whether one or more, the "Guarantor", and, if more than one, jointly and severally) hereby furnishes its guaranty of the Guaranteed Obligations (as hereinafter defined) as follows:
