Schubert, wife of Lawrence H Sample Clauses

Schubert, wife of Lawrence H. Schubert, is a co-trustee togexxxx xxxx Xxxxxx A. Lefcort xx xxx Xxxxxx X. Xxfcort Irrevocable Trust which owxx 00,000 xxxxxx shares ox xxx Xxxxxxxx. OUTSTANDING LENDER PRINCIPAL REPAYMENT TERMS AT CLOSING SUBORDINATED INDEBTEDNESS: CAPITAL STAFFING FUND Paul M. Burrell $500,000 Principal due Fexxxxxx 0000, xxterest paid monthly at 21% per annum Richard E. Burrell 125,000 Principal due Fexxxxxx 0000, xxxxxest paid monthly at 21% per annum Scott T. Burrell 50,000 Principal due Fexxxxxx 0000, xxxerest paid monthly at 21% per annum Louis J. Morelli 100,000 Principal due Fexxxxxx 0000, xxxerest paid monthly at 21% per annum Rachele Spadoni 125,000 Principal due Fexxxxxx 0000, xxterest paid monthly at 21% per annum Raymond s. Morelli 100,000 Principal due Fexxxxxx 0000, xxxxxest paid monthly at 21% per annum Robert E. Tomlinson 200,000 Principal due Fexxxxxx 0000, xxxxxxst paid monthly at 21% per annum SHAREHOLDERS: Larry Schubert trust 407,000 Principal due in xxxx xxxxxxxxx installments Starting February 1999, interest paid quarterly at 10% per annum Nadya Schubert trust 408,000 Principal due in xxxx xxxxxxxxx installments Starting February 1999, interest paid quarterly at 10% per annum Alan Schubert 605,000 Principal due in xxxx xxxxxxxxy installments Starting February 1999, interest paid quarterly at 10% per annum Paul Burrell 325,000 Principal and intxxxxx xx 00% per annum paid in twelve (12) equal quarterly installments starting May 1999. Accrued interest for first two years paid May 1999. OUTSTANDING LENDER PRINCIPAL REPAYMENT TERMS AT CLOSING ACQUISITIONS: WAD, Inc. (Beneficiaries - Paul Burrell, Robert Lefcort) 400,000 Principal and interest at 00% xxx xxxxm xxxx xx xxxxx (8) equal quarterly installments starting May 1997. All-Temps, Inc. 158,325 $8,325 due immediately - the balance is payable in (Beneficiary - Chuck Brewer) minimum annual installmexxx xx $00,000 in 1997 and 1998, with any remainder due at the end of 1999. Non interest bearing. PayRay, Inc. 1,526,290 Principal and interest at 14% per annum (Beneficiary - Ray Morelli and partners) paid over five years in xxxx0 xxxxxly installments starting March 1997. TriTemps, Inc. 1,037,180 Principal and interest at 14% per annum (Beneficiary - Ray Morelli and partners) paid over five years in xxxxx xxxxxly installments starting March 1997. CST, Inc 100,123 Principal plus one year interest at 7% per annum due Deccember 1997. Kenneth E. Southeard, Inc. 100,566 50% of prxxxxxxx xxxx xxx xxxths' interest...
Sample 1
AutoNDA by SimpleDocs

Related to Schubert, wife of Lawrence H

  • /s/ Xxxxxx X Xxxxx ------------------- ..................

  • Massachusetts Law to Apply This Agreement shall be construed and the provisions thereof interpreted under and in accordance with laws of The Commonwealth of Massachusetts.

  • Massachusetts Business Trust With respect to any Fund which is a party to this Agreement and which is organized as a Massachusetts business trust, the term “Fund” means and refers to the trustees from time to time serving under the applicable trust agreement of such trust, as the same may be amended from time to time (the ‘Declaration of Trust”). It is expressly agreed that the obligations of any such Fund hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Fund personally, but bind only the trust property of the Fund as set forth in the applicable Declaration of Trust. In the case of each Fund which is a Massachusetts business trust (in each case, a “Trust”), the execution and delivery of this Agreement on behalf of the Trust has been authorized by the trustees, and signed by an authorized officer, of the Trust, in each case acting in such capacity and not individually, and neither such authorization by the trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually, but shall bind only the trust property of the Trust as provided in its Declaration of Trust.

  • Hart-Xxxxx-Xxxxxx Xxe provisions of the Hart-Xxxxx-Xxxxxx Xxx are not applicable to the transactions contemplated hereby and neither the Corporation nor Seller is required to make any filings or submissions to obtain any approvals thereunder in connection herewith.

  • Non-Banking Days When any payment under any of the Security Documents would otherwise be due on a day which is not a Banking Day, the due date for payment shall be extended to the next following Banking Day unless such Banking Day falls in the next calendar month in which case payment shall be made on the immediately preceding Banking Day.

  • Sxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the Sxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • /s/ Xxxxx X Xxxx ------------------ ..................

  • AT&T 13STATE shall provide and maintain such equipment at the 911 SR and the DBMS as is necessary to perform the 911/E911 services set forth herein when AT&T-13STATE is the 911/E911 Service Provider for a Rate Center in which CARRIER is authorized to provide local telephone exchange service and has LWC End Users. This shall include the following:

  • Consentement Relatif à la Langue Utilisée Les parties reconnaissent avoir exigé que cette convention («Agreement») soit rédigée en anglais, ainsi que tous les documents, avis et procédures judiciaires, éxécutés, donnés ou intentés en vertu de, ou liés directement ou indirectement à la présente. Notifications

  • Compliance with Xxxxxxxx-Xxxxx Act The Company will comply with all applicable securities and other laws, rules and regulations, including, without limitation, the Xxxxxxxx-Xxxxx Act, and use its best efforts to cause the Company’s directors and officers, in their capacities as such, to comply with such laws, rules and regulations, including, without limitation, the provisions of the Xxxxxxxx-Xxxxx Act.

Time is Money Join Law Insider Premium to draft better contracts faster.