AMENDMENT NO. 3 TO CORPORATE GUARANTEE AND SUBORDINATION AGREEMENT Reference is made to that certain Corporate Guarantee and Subordination Agreement dated as of November 22, 1998 (the "original Guarantee"), as amended by that certain Consent of...Corporate Guarantee and Subordination Agreement • May 15th, 2001 • Raintree Resorts International Inc • Land subdividers & developers (no cemeteries)
Contract Type FiledMay 15th, 2001 Company IndustryReference is made to that certain Corporate Guarantee and Subordination Agreement dated as of November 22, 1998 (the "original Guarantee"), as amended by that certain Consent of Guarantor and Amendment No. 1 to Corporate Guarantee and Subordination Agreement dated as of April 23, 1999 (the "First Amendment") and as further amended by that certain Consent of Guarantor and Amendment No. 2 to Corporate Guarantee and Subordination Agreement dated as of November 30, 1999 (the "Second Amendment" and together with the First amendment and the Original Guarantee, the "Guarantee Agreement") from Raintree Resorts International, Inc. a Nevada corporation ("Guarantor") in favor of FINOVA Capital Corporation , a Delaware corporation ("Lender"), with respect to the obligations of CR Resorts Cancun, S. de R.L. de C.V., CR Resorts Los Cabos, S. de R.L. de C.V., CR Resorts Puerto Vallarta, S. de R.L. de C.V., Corporacion Mexitur, S. de R.L. de C.V., CR Resorts Cancun Timeshare Trust, S. de R.L. de C.V.,