ContractGuaranteed Promissory Note • March 27th, 2008 • American Leisure Holdings, Inc. • Real estate • Florida
THIS INSTRUMENT IS SUBJECT TO THE TERMS OF A SUBORDINATION AGREEMENT BY AMERICAN LEISURE EQUITIES CORPORATION, D/B/A TRAVELEADERS, INC. IN FAVOR OF JPMORGAN CHASE BANK, N.A., AS AGENT FOR THE BANKS AS SUCH TERM IS DEFINED FROM TIME TO TIME IN THAT CERTAIN CREDIT AGREEMENT DATED AS OF JANUARY 28, 2008 BY AND BETWEEN, AMONG OTHER PARTIES, TL ACQUISITION GROUP LLC, THE AGENT AND THE BANKS.
NONCOMPETE AGREEMENTNoncompete Agreement • March 27th, 2008 • American Leisure Holdings, Inc. • Real estate • Florida
This Noncompete Agreement (this "Agreement") is entered into as of March 21, 2008, by and among TL ACQUISITION GROUP LLC, a Delaware limited liability company ("Buyer"), AMERICAN LEISURE EQUITIES CORPORATION D/B/A TRAVELEADERS, INC., a Florida corporation (the "Seller"), and AMERICAN LEISURE HOLDINGS, INC., a Nevada corporation, being the sole shareholder of the Seller ("Shareholder") (each a "Party" and, collectively, the "Parties").
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • March 27th, 2008 • American Leisure Holdings, Inc. • Real estate • Florida
THIS ASSET PURCHASE AGREEMENT is made this 21st day of March, 2008, by and among TL ACQUISITION GROUP LLC, a Delaware limited liability company (the “Buyer”), AMERICAN LEISURE EQUITIES CORPORATION d/b/a TRAVELEADERS, INC., a Florida corporation (the “Seller”), and AMERICAN LEISURE HOLDINGS, INC., a Nevada corporation, being the sole shareholder of the Seller (the “Shareholder”).
ContractGuaranty Agreement • March 27th, 2008 • American Leisure Holdings, Inc. • Real estate • Florida
THIS INSTRUMENT IS SUBJECT TO THE TERMS OF A SUBORDINATION AGREEMENT BY AMERICAN LEISURE EQUITIES CORPORATION, D/B/A TRAVELEADERS, INC. IN FAVOR OF JPMORGAN CHASE BANK, N.A., AS AGENT FOR THE BANKS AS SUCH TERM IS DEFINED FROM TIME TO TIME IN THAT CERTAIN CREDIT AGREEMENTDATED AS OF JANUARY 28, 2008 BY AND BETWEEN, AMONG OTHER PARTIES, TL ACQUISITION GROUP LLC, THE AGENT AND THE BANKS.
STRATEGIC ALLIANCE AGREEMENTStrategic Alliance Agreement • March 27th, 2008 • American Leisure Holdings, Inc. • Real estate • Florida
This STRATEGIC ALLIANCE AGREEMENT (the “Agreement”) is made effective this 21st day of March, 2008 (the “Effective Date”), by and between TAG II, INC., a Delaware corporation, by and on behalf of itself and its subsidiaries (collectively, “TAG”) and AMERICAN LEISURE GROUP LIMITED, a British Virgin Islands corporation, by and on behalf of itself, and, whether currently in existence now or hereafter, its affiliates, and subsidiaries (collectively, “ALG”).
GUARANTY AGREEMENTGuaranty Agreement • March 27th, 2008 • American Leisure Holdings, Inc. • Real estate • Florida
This GUARANTY AGREEMENT (this “Guaranty”) is entered into as of March 21, 2008, by AMERICAN LEISURE GROUP, LTD., an entity organized under the laws of the British Virgin Islands (“Guarantor”), in order to induce TL ACQUISITION GROUP LLC, a Delaware limited liability company (the “Buyer”), to enter into that certain Asset Purchase Agreement (the “Purchase Agreement”), dated on even date herewith, and in consideration of all of the benefits which AMERICAN LEISURE EQUITIES CORPORATION D/B/A TRAVELEADERS, INC., a Florida corporation (the “Seller”), AMERICAN LEISURE HOLDINGS, INC., a Nevada corporation being the sole shareholder of the Seller (the “Shareholder”) and Guarantor, being the majority shareholder of the Shareholder, will receive by the consummation of the transaction contemplated by the Purchase Agreement, Guarantor hereby, unconditionally, directly, irrevocably, and absolutely covenants and agrees with Buyer, its successors and assigns, as follows (all terms used herein shall, t
