FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / payoff-release-confirmation-letter.docx
payoff-release-confirmation-letter.docx · 1021-00001

Parties

COURIER Verimark Hospitality Group Inc
Harkness LLP
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 22, 2022
February 14, 2020
July 19, 2022
July 21, 2022

Amounts

$625,000,000
$3,125,000.00
$625,000,000.00
$621,875,000.00
$2,916,667.00
$627,916,667.00

Obligations

Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Existing Credit Agreement
(c) All commitments of the Lenders under the Existing Credit Agreement, including any unfunded commitments, are hereby irrevocably terminated, and no Lender shall have any obligation to make any further extensions of credit or advances to the Borrower or any Guarantor under the Existing Credit Agreement
05 of the Existing Credit Agreement, shall continue in full force and effect in accordance with their respective terms
For the avoidance of doubt, the survival of such provisions shall not be construed as imposing any continuing payment obligation on the Borrower or any Guarantor except as expressly provided in such surviving provisions
Any costs and expenses incurred by Greystone in connection with the execution and delivery of such additional documents shall be reimbursed by VHG in accordance with the surviving expense reimbursement provisions of the Existing Credit Agreement
Return and Cancellation of Promissory Notes Any and all promissory notes issued by VHG in favor of any Lender under or in connection with the Existing Credit Agreement are hereby deemed cancelled, terminated, and of no further force or effect, and shall not evidence any obligation of VHG to any Lender