Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / draft-notice-of-material-breach.docx
draft-notice-of-material-breach.docx
Parties
HARKNESS LLP
Verimark Hospitality Group Inc
Coastal Palms Franchise Holdings LLC
Associates CPAs LLP
Garrison Registered Agents LLC
Crane LLP
Gulf Breeze Hospitality LLC
Savannah Lodging Partners LLC
Dates
January 25, 2022
January 18, 2022
February 4, 2022
June 15, 2007
September 3, 2019
November 28, 2012
November 22, 2021
January 1, 2019
December 31, 2021
March 6, 2022
Amounts
$12.50
$112.4
$145.6
$33.2
$197.8
$9,890,000
$4,945,000
$1,260,000
$16,095,000
Obligations
In the event of any inconsistency between the summaries below and the actual language of the FLAs, the FLAs shall control
All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the FLAs
6 of each FLA, any amounts owed by Franchisee to Verimark that are not paid when due shall bear interest at the rate of one and one-half percent (1
1 of each FLA provides that, in the event of a material breach by the Franchisee of any provision of the FLA, Verimark shall provide written notice to the Franchisee specifying the nature of the breach and the actions required to cure the breach
Upon receipt of such written notice, the Franchisee shall have thirty (30) days to cure the identified breach to Verimark's reasonable satisfaction
If the Franchisee fails to cure the breach within the 30-day cure period, Verimark shall have the right to terminate the FLA in accordance with Section 14