Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / franchise-surrender-notice-template.docx
franchise-surrender-notice-template.docx
Parties
Coastal Palms Franchise Holdings LLC
Crane LLP
Gulf Breeze Hospitality LLC
Savannah Lodging Partners LLC
Verimark Hospitality Group Inc
Suncoast Room Management Inc
Northpoint Corp
Drayton Corp
Dates
April 25, 2024
June 15, 2007
September 3, 2019
April 22, 2024
August 20, 2024
April 22, 2027
Amounts
$12.50
$7,812,500.00
$62,500,000.00
$71,200,000.00
Obligations
Nothing in this Notice shall be construed to limit or modify the terms of the Settlement Agreement, which shall control in the event of any inconsistency between this Notice and the Settlement Agreement
The information set forth above and in Exhibit A must be confirmed against the executed Settlement Agreement and the original FLA for accuracy prior to issuance
3 of the FLA, shall cease to accrue as of the Effective Date
The following de-identification requirements are mandatory and must be completed in strict accordance with the deadlines and specifications set forth below
No oral representations, informal communications, or course of dealing shall be construed as extending or modifying the De-Identification Deadline
3 Removal of Interior Branding and Trade Dress All interior trade-dress elements specific to the Verimark brand system must be removed from the surrendered property or permanently covered in a manner approved in advance by Verimark's Franchise Operations team