Common Contracts
2 similar Guarantee and Postponement of Claims contracts by Pure Play Media Holdings, Inc.
GUARANTEE AND POSTPONEMENT OF CLAIMSGuarantee and Postponement of Claims • July 28th, 2006 • Pure Play Media Holdings, Inc. • California
AGREEMENT made August 15, 2003 by Pure Play Media Holdings, Inc. a Nevada Corporation, (the “Guarantors”) to and in favour of 1011225 Ontario Limited, and Ontario Corporation also known as AOV Distribution and /or OK Video (the “Creditor”) IN CONSIDERATION of the sum of $1.00 and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Guarantors agree with the Creditor as follows: 1. Guaranteed Obligations The Guarantors, jointly and severally, irrevocably and unconditionally guarantee the due and punctual payment of the Purchase Price and Promissory Note (collectively the “Guaranteed Obligations”) payable by Private North America and Software Entertainment Ltd. (the “Debtors”) to the Creditor in respect of transfer of inventory by the Creditor to the Debtors on August 15, 2003 under the terms of a Sale of Inventory Agreement between 1011225 Ontario Limited and Private North America, dated August 15, 2003. 2. Costs and Expense
GUARANTEE AND POSTPONEMENT OF CLAIMSGuarantee and Postponement of Claims • July 28th, 2006 • Pure Play Media Holdings, Inc. • California
AGREEMENT made August 15, 2003 by Pure Play Media Holdings, Inc. a Nevada Corporation, (the “Guarantors”) to and in favour of Stellar Media Corp. an Alberta Corporation (the “Creditor”) IN CONSIDERATION of the sum of $1.00 and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Guarantors agree with the Creditor as follows: 1. Guaranteed Obligations The Guarantors, jointly and severally, irrevocably and unconditionally guarantee the due and punctual payment of the Purchase Price and Promissory Note (collectively the “Guaranteed Obligations”) payable by Pure Play Media Holdings, Inc. and payable by Software Entertainment Ltd. (the “Debtors”) to the Creditor in respect of the purchase of shares of Pure Play Media Holdings, Inc. transferred by the Creditor to Pure Play Media Holdings, Inc. on August 15, 2003 under the terms of a Share Redemption Agreement between Pure Play Media Holdings, Inc. and Stellar Media Corp, dated August 15
