GKK definition
Examples of GKK in a sentence
Manager acknowledges that GKK Stars still has continuing obligations set forth under Section 5.8 of the Settlement Agreement.
Notwithstanding the foregoing, neither GKK Stars nor its Affiliates or subsidiaries shall be obligated to execute any such document to the extent the applicable signatory reasonably believes that such document may violate applicable law or create personal liability to the person that is the signatory to such document.
The Employer and Executive acknowledge that certain equity awards previously made by GKK and affiliates of the Employer refer to and incorporate the terms of any employment agreement entered into between the Employer and Executive from time to time with respect to acceleration of vesting upon termination and/or change-in-control events and, as a result, such terms of this Agreement will, to the extent so referred to and incorporated by reference, will apply to such equity awards.
Seller’s EIN ▇▇-▇▇▇▇▇▇▇ Seller’s Notice Addresses c/o GKK Realty Advisors, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ 10170Attention: ▇▇▇▇▇ ▇.
Executive shall be entitled to receive from the Employer the incentive bonus described in Exhibit B hereto (the “GKKM Bonus”) if any Sale Event (as defined in that certain First Amended and Restated Limited Liability Company Operating Agreement of GKK Manager LLC (“GKKM”), as amended from time to time) occurs during the Employment Period.
Guarantor (i) is an affiliate of GKK Stars, (ii) has received, or will receive, direct and/or indirect benefit from the entry into the Settlement Agreement by GKK Stars and Lender and (iii) has received, or will receive, direct and/or indirect benefit from the making of this Guaranty with respect to the Guaranteed Obligations.
We have been informed that GKK Manager LLC (including its successors and assigns, the “Collateral Manager”) believes that one or more Events of Default may occur under Section 5.1(j) of the Indenture due to the Class A/B Par Value Ratio being less than 89.0% on future Measurement Dates (each such Event of Default, an “Applicable Event of Default”).
Notwithstanding anything herein to the contrary, the provisions of this Section 7 related to the acceleration of vesting and extension of the period within which to exercise vested stock options, shall not be deemed to apply to any equity-based awards of Gramercy, GKK Capital LP or any of their subsidiaries made to Executive (the “Gramercy Equity Awards”) that may be deemed to have been first granted to the Employer and then granted by the Employer to Executive.
Executive and the Employer (which, for purposes of this Section 8, and any related enforcement provisions hereof, except at the context requires otherwise, shall include not only GKK Manager LLC, but shall also severally include the Corporation) recognize that due to the nature of his employment and relationship with the Employer, Executive has access to and develops confidential business information, proprietary information, and trade secrets relating to the business and operations of the Employer.
Guarantor is familiar with, and has independently reviewed books and records regarding, the financial condition of GKK Stars and Borrower and is familiar with the value of any and all collateral granted, or intended to be granted, as security for the Indebtedness or the Guaranteed Obligations; provided, however, Guarantor is not relying on such financial condition or such collateral as an inducement to enter into this Guaranty.