Common Contracts

Contract

Subordination Agreement • May 5th, 2020 • Florida

• Contract Type
  Subordination Agreement
• Filed
  May 5th, 2020
• Jurisdiction
  Florida

EX-10.12 13 wdka_ex1012.htm SUBORDINATION AGREEMENT EXHIBIT 10.12 SUBORDINATION AGREEMENT THIS SUBORDINATION AGREEMENT ("Agreement") is entered into as of the 5th day of June, 2014, by and among (i) CONSILIUM CORPORATE RECOVERY MASTER FUND, LTD., a company organized under the laws of the Cayman Islands with an address of 3101 N. Federal Highway, Suite 502, Fort Lauderdale, FL 33306 ("Subordinate Lender"), (ii) DOUGLAS JOINT VENTURE, a Florida general partnership, V-3 JOINT VENTURE, LLC, a Florida limited liability company, and EMPIRE JOINT VENTURE, a Florida general partnership (jointly and severally “Senior Lender”), such entities sharing an address of 3021 Countryside Boulevard, Apartment 34-A, Clearwater, FL 33761, and (iii) PANACHE DISTILLERY, LLC, a Florida limited liability company with an address of 40 W. 23rd St., 2nd Floor, New York, NY 10010 (''Borrower''). RECITALS A. Senior Lender made a purchase money loan to Borrower in the original principal amount of $3,500,000.00 (“Sen

SUBORDINATION AGREEMENT

Subordination Agreement • June 16th, 2014 • Panache Beverage, Inc. • Services-miscellaneous repair services • Florida

• Contract Type
  Subordination Agreement
• Filed
  June 16th, 2014
• Company
  Panache Beverage, Inc.
• Industry
  Services-miscellaneous repair services
• Jurisdiction
  Florida

THIS SUBORDINATION AGREEMENT ("Agreement") is entered into as of the 5th day of June, 2014, by and among (i) CONSILIUM CORPORATE RECOVERY MASTER FUND, LTD., a company organized under the laws of the Cayman Islands with an address of 3101 N. Federal Highway, Suite 502, Fort Lauderdale, FL 33306 ("Subordinate Lender"), (ii) DOUGLAS JOINT VENTURE, a Florida general partnership, V-3 JOINT VENTURE, LLC, a Florida limited liability company, and EMPIRE JOINT VENTURE, a Florida general partnership (jointly and severally “Senior Lender”), such entities sharing an address of 3021 Countryside Boulevard, Apartment 34-A, Clearwater, FL 33761, and (iii) PANACHE DISTILLERY, LLC, a Florida limited liability company with an address of 40 W. 23rd St., 2nd Floor, New York, NY 10010 (''Borrower'').