Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / post-closing-letter-agreement.docx
post-closing-letter-agreement.docx
Parties
HARKNESS LLP
AGREEMENT Verimark Hospitality Group Inc
Verimark Hospitality Group Inc
Greystone Federal Credit Corp
Verimark Resort Properties LLC
VHG Management Services Inc
Verimark Convention Holdings LLC
Palmetto Beachfront Hotels LLC
Dates
July 21, 2022
August 5, 2022
August 20, 2022
Amounts
$700,000,000
$625,000,000
$400,000,000
$2,180,000,000
Obligations
Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Credit Agreement
The parties hereto have agreed that certain post-closing deliverables, as more fully described in Section 1 hereof and set forth on Exhibit A attached hereto, shall be delivered after the Closing Date (July 21, 2022) but in no event later than the Post-Closing Deadline (as defined below), which is August 5, 2022 (i
If the Title Company issues marked-up title commitments in lieu of final policies on or prior to the Post-Closing Deadline, such commitments shall irrevocably commit the Title Company to issue the final policies in the form described above, subject only to the satisfaction of standard requirements, and final policies shall be delivered as promptly as practicable (and in any event within sixty (60) days) following the Post-Closing Deadline
Each Survey shall be prepared by a licensed land surveyor in the applicable state in accordance with the 2021 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys (or the most recently adopted version thereof), and shall include Table A optional survey responsibilities and accuracies as reasonably specified by the Administrative Agent
All such flood insurance shall comply with the requirements of the National Flood Insurance Act of 1968, as amended, the Flood Disaster Protection Act of 1973, as amended, the National Flood Insurance Reform Act of 1994, as amended, the Biggert-Waters Flood Insurance Reform Act of 2012, as amended, and any regulations promulgated thereunder, and shall be maintained in full force and effect for so long as the applicable Mortgage remains outstanding
All mortgage recording taxes, documentary stamp taxes, intangible taxes, transfer taxes, and related filing fees, recording fees, and registration costs payable in connection with the execution, delivery, filing, and recordation of the Mortgages and related instruments in each applicable jurisdiction (collectively, "Recording Costs") shall be the sole responsibility of, and shall be borne exclusively by, the Borrower