FR EA

Extract to table

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

Extract to table / pre-closing-letter-to-sellers-counsel.docx
pre-closing-letter-to-sellers-counsel.docx · 1026-00004

Parties

HARKNESS LLP
Pratt LLP
Linden Gramercy Holdings LLC
Gramercy Linden PropCo LLC
Gramercy Linden JV LLC
Ridgecrest Environmental Consultants LLC
Estimated Personal Inc
Summit Property Group LLC

Dates

May 26, 2023
March 15, 2023
May 30, 2023
June 5, 2023
May 31, 2023
June 1, 2023
May 29, 2023
April 14, 2023
June 4, 2023
April 11, 2023

Amounts

$40,000,000.00
$6,000,000
$1,050,000.00
$500,000
$160,000.00
$2.00
$500.00
$150,000.00
$25,000,000
$50,000,000

Obligations

Unless otherwise defined herein, capitalized terms used in this letter shall have the meanings ascribed to them in the PSA
This bring-down requirement applies to all of Seller's representations and warranties, except to the extent that any such representation or warranty expressly relates to an earlier specified date, in which case such representation or warranty shall be true, correct, and complete in all material respects as of such earlier date
3(b) of the PSA, Seller is required to deliver to Purchaser, at or prior to the closing, tenant estoppel certificates executed by each retail tenant occupying space at the Property
The certificate must state that Linden Gramercy Holdings LLC (Employer Identification Number: 20-6438172) is not a "foreign person" as that term is defined in Section 1445(f)(3) of the Code, and must include such additional information as is required by applicable Treasury Regulations, including Seller's name, address, and taxpayer identification number
4(a) of the PSA, the NYC RPTT is the responsibility of and shall be paid by Seller, which is customary for commercial real estate transactions in New York City
4(b) of the PSA, the New York State Real Estate Transfer Tax is the responsibility of and shall be paid by Seller