FR EA

Extract to table

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

Extract to table / assignment-stonecrest-interest-grat-b.docx
assignment-stonecrest-interest-grat-b.docx · 1034-00004

Parties

IN STONECREST REALTY HOLDINGS LLC
Stonecrest Realty Holdings LLC
M. Sinclair
Ashford Valuation Group LLC
OF STONECREST REALTY HOLDINGS LLC

Dates

May 1, 2023
April 1, 2023
December 31, 2023

Amounts

$134,000,000
$80,000,000
$60,000,000
$29,375,859
$28,000,000 15
$19,500,000
$22,000,000
$18,500,000
$16,000,000 88
$11,500,000 200

Obligations

NOW, THEREFORE, in consideration of the foregoing recitals, the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: ARTICLE 1 — DEFINITIONS As used in this Assignment, the following terms shall have the meanings set forth below: 1
The foregoing assignment and transfer shall be effective as of the Effective Date and shall constitute a complete and irrevocable transfer of the Assigned Interest from the Assignor to the Assignee
2 — Acceptance by Assignee The Assignee, as Trustee of the Caldwell 2023 Realty GRAT, hereby accepts the assignment of the Assigned Interest and agrees to hold the Assigned Interest as trust corpus, subject in all respects to the terms and conditions of the Trust Agreement
The Assignee acknowledges that the Assigned Interest shall constitute the initial funding of the Caldwell 2023 Realty GRAT and shall be administered, managed, and distributed in accordance with the provisions of the Trust Agreement
The Assignee agrees to be bound by all of the terms and conditions of the Operating Agreement, as the same may be amended from time to time, with respect to the Assigned Interest
The Appraisal Report shall be attached to and filed with the Assignor's federal gift tax return for the 2023 taxable year