A Florida Corporation OFFER TO PURCHASE AND SALES AGREEMENT LUXURY YACHTS INTERNATIONAL, INC. IS HEREBY AUTHORIZED TO OFFER THE SUM OF $ 3,250,000.00 (GROSS) Three Million Two Hundred Fifty Thousand and No/100 U.S. FUNDS And No/100 Dollars FOR THE...Offer to Purchase and Sales Agreement • June 16th, 2010 • Rotate Black Inc • Beverages
PREFERRED MORTGAGEPreferred Ship Mortgage • June 16th, 2010 • Rotate Black Inc • Beverages
WHEREAS, Mortgagors are the sole owner(s) of the vessel known as: “BIG EASY” Official No. USCG Documentation 998517 Hull No. n/a which vessel is more fully described in its official document, a copy of which is on file in the office of the U.S. Coast Guard; and WHEREAS, Mortgagors are justly indebted to Mortgagee in the sum of Two Million Nine Hundred Seventy Five Thousand And 00/100 ($2,975,000.00) Dollars.
UNCONDITIONAL GUARANTYUnconditional Guaranty • June 16th, 2010 • Rotate Black Inc • Beverages • Florida
This UNCONDITIONAL GUARANTY (this "Guaranty"), dated as of June 11, 2010, is executed and delivered by John Paulsen, an individual ("Paulsen" or "Guarantor") in favor of Cruise Holdings II, LLC ("Cruise II"), by and through Mark T. Calvert (the "Chapter 11 Trustee"), the duly appointed Chapter 11 Trustee for the bankruptcy estate of Cruise Holdings II, LLC, appointed by order of the United States Bankruptcy Court for the Southern District of Florida, West Palm Beach Division (the "Bankruptcy Court"), under Case No. 06-16353-BKC-PGH, in light of the following:
