LIMITED PARTNERSHIP PURCHASE AGREEMENTLimited Partnership Purchase Agreement • July 29th, 2004 • VCG Holding Corp • Services-amusement & recreation services • Colorado
THIS LIMITED PARTNERSHIP PURCHASE AGREEMENT is executed effective as of June 30, 2004, by and among Lowrie Management LLLP, a Colorado limited liability limited partnership(hereinafter referred to as “Lowrie”) and W.C.C. Acquisitions Corp, a Colorado corporation (hereinafter referred to as “WCC”), VCG Holding Corp., a Colorado corporation (hereinafter referred to as “VCG”), and Glendale Restaurants Concepts, Ltd., a Colorado limited partnership doing business as “Penthouse Denver” (hereinafter referred to as the “Company”).
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • July 29th, 2004 • VCG Holding Corp • Services-amusement & recreation services • Colorado
FOR VALUE RECEIVED, the undersigned, VCG HOLDING CORP., a Colorado corporation (“VCG”) a Colorado corporation, hereby promises to pay to the order of LOWRIE MANAGEMENT LLLP, a Colorado Limited Liability Limited Partnership (“Lowrie”), at 390 Union Blvd, Suite 540, Lakewood, Colorado 80228, or at such other place as Lowrie or any subsequent holder hereof (the “Holder”) may, from time to time, designate in writing, the principal sum of FOUR MILLION AND 00/100 DOLLARS ($4,000,000.00).
