betweenDeveloper Transfer Agreement • December 29th, 2003 • Silverleaf Resorts Inc • Real estate agents & managers (for others) • New York
AMENDMENT NO. 1 Dated as of March 28, 2005 to DEVELOPER TRANSFER AGREEMENT Dated as of December 19, 2003Developer Transfer Agreement • March 31st, 2005 • Silverleaf Resorts Inc • Real estate agents & managers (for others) • New York
THIS AMENDMENT NO. 1 to DEVELOPER TRANSFER AGREEMENT is entered into as of March 28, 2005 between Silverleaf Resorts, Inc. (the “Company”), a Texas corporation, and Silverleaf Finance II, Inc., a Delaware corporation (“SPV”). Capitalized terms used herein and not defined herein have the meaning ascribed thereto in Schedule I to the Loan and Security Agreement, dated as of December 19, 2003 (as may be amended, restated, supplemented or otherwise modified from time to time, the “SPV Loan Agreement”), between SPV and Textron Financial Corporation (“TFC”).
