FR EA

Extract to table

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

Extract to table / assignment-membership-interests-southpark.docx
assignment-membership-interests-southpark.docx · 1036-00004

Parties

MEMBERSHIP INTERESTS GMP SouthPark LLC
GMP SouthPark LLC
SouthPark Corp
Greystone Meridian Capital LLC
Veltrano Capital Lending Corp
Blackridge Hayes LLP
Harkness LLP
Crowne Albany Corp

Dates

June 6, 2024
February 28, 2024
April 12, 2024
May 28, 2024
February 1, 2021
March 1, 2029
May 17, 2024
September 4, 2024
December 6, 2025
June 6, 2027

Amounts

$1,100,000,000
$1,070,000
$1,098,930,000
$142,300,000
$711,500
$55,000,000
$110,000,000
$5,500,000
$275,000
$16,500,000

Obligations

All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the PSA
Accordingly, the assignment and transfer of the Membership Interests shall be effected by the execution and delivery of this Assignment, the books and records of the Company shall be updated to reflect Assignee as the sole member of the Company, and no endorsement or delivery of physical certificates is required
The allocation of Excluded Obligations between Assignor and Assignee shall be subject to the proration and working-capital true-up mechanism set forth in the PSA and in the proration schedule attached as Exhibit U to the PSA
Any amounts owed by one Party to the other as a result of such true-up shall be paid in accordance with the provisions of the PSA
Assignee hereby acknowledges and agrees that, upon the execution and delivery of this Assignment and effective as of the date hereof, Assignee shall become the sole member of the Company and shall thereupon succeed to and assume all rights, powers, privileges, duties, obligations, and liabilities of the sole member of the Company
Each Party shall bear its own costs and expenses in connection with the performance of its obligations under this Article 5, except as otherwise provided in the PSA