FR EA

Extract to table

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

Extract to table / estoppel-snda-compliance-certificate.docx
estoppel-snda-compliance-certificate.docx · 1036-00004

Parties

Harkness LLP
GMP Fairfield II LLC
GMP Westlake LLC
GMP Katy LLC
GMP Alliance LLC
GMP Lakeland LLC
GMP Southport LLC
GMP Murfreesboro LLC

Dates

June 6, 2024
February 28, 2024
April 12, 2024
May 28, 2024
December 31, 2023
May 15, 2024
May 8, 2024
July 6, 2024
June 4, 2024
May 17, 2024

Amounts

$1,100,000,000
$74,800,000
$59,840,000
$68,371,200
$8,531,200
$33,446,000
$6,428,800
$1,500,000
$200,000
$612,000,000

Obligations

Capitalized terms used but not otherwise defined in this Certificate shall have the meanings ascribed to such terms in the PSA
No exception to the Major Tenant requirement shall be permitted without the prior written consent of Buyer
This Certificate does not purport to restate the PSA in its entirety, and the PSA itself shall control in the event of any inconsistency between this summary and the terms of the PSA
Each such tenant is required to execute and deliver an SNDA in connection with the Closing
on or before July 6, 2024); (ii) A holdback in the amount of Two Hundred Thousand Dollars ($200,000) has been withheld from Seller's closing proceeds and is being held by the Title Company (as defined in the PSA) in escrow pending delivery of the four (4) outstanding SNDAs; (iii) Upon delivery of all four (4) outstanding SNDAs to Buyer (or Buyer's counsel) within the thirty (30)-day post-closing delivery period, the $200,000 holdback shall be released to Seller in its entirety, without deduction or offset; (iv) In the event that one or more of the four (4) outstanding SNDAs are not delivered within the thirty (30)-day post-closing delivery period, the parties shall confer in good faith regarding the disposition of the holdback and the applicability of any remedial provisions under the PSA; and (v) The execution and delivery of the SNDA Side Letter constitutes mutual agreement by Buyer and Seller that the Closing may proceed notwithstanding the four (4) outstanding SNDAs, and Buyer's acceptance of the post-closing delivery arrangement shall not constitute a waiver of Buyer's rights under the PSA with respect to any breach by Seller of its obligations thereunder
This Certificate is not intended for and shall not be used for any other purpose