Promenade Trust definition

Promenade Trust means the Promenade Trust, a grantor trust created under the laws of Tennessee, pursuant to the Second Restated and Amended Trust Agreement, dated December 15, 2004, by and among ▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇, as Co-Trustees, and Beneficiary.
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Examples of Promenade Trust in a sentence

  • In accordance with the terms of the Exchange Agreement, as of the date hereof, the Promenade Trust transferred to Parent 100% of the Class A Interest.

  • Other than this Agreement and a Purchase and Sale agreement to be entered into between the parties as of the date hereof, there are no agreements between, on the one hand, the Promenade Trust or, ▇▇▇▇▇ ▇▇▇▇▇▇▇ Enterprises, LLC or ▇▇▇▇▇ ▇▇▇▇▇▇▇ Enterprises, Inc.

  • The Promenade Trust, as the sole holder of Series B Convertible Preferred Stock and Series C Convertible Preferred Stock, has consented to the Merger (the “Series B and C Consent”) and no further separate consent or approval of The Promenade Trust is required in respect of this Agreement, the Merger or the other transactions contemplated hereby.

  • The Promenade Trust formed the Company as a limited liability company by filing the Certificate of Formation with the Secretary of State pursuant to the provisions of the Act.

  • Licensor shall be responsible for the payment of any amounts required to be paid to the Promenade Trust with respect to its share of the royalties hereunder, including any additional amounts required to compensate the Promenade Trust for the Reduction.

  • The parties agree to cooperate in good faith and use their commercially reasonable efforts to structure the Reduction in a tax efficient manner, including with respect to any additional payments required to be made to the Promenade Trust.

  • Buyer shall have acknowledged in writing its agreement to comply with Sections 6.3(d), 6.4, 6.9 and 6.16 of the Contribution and Exchange Agreement, dated December 15, 2004, between the Promenade Trust, RFX Acquisition LLC and Sports Entertainment Enterprises, Inc.

  • Buyer covenants and agrees that between the Effective Time and the earlier of the Call Closing or the termination of this Agreement, Buyer shall acknowledge and comply with the tag-along rights set forth in Section 9.2 of the Amended and Restated Operating Agreement of EPE LLC, dated February 7, 2005 (the “EPE LLC Operating Agreement”) and Section 4.1 of the Shareholders Agreement, dated February 7, 2005, between EPE, Inc., the Promenade Trust, EPE Holdco and Sports Entertainment Enterprises, Inc.

  • Rights of The Promenade Trust to require EPE Holding Corporation to purchase at the fair market value thereof all or a portion of the Series B Preferred Shares and the Common Shares of ▇▇▇▇▇ ▇▇▇▇▇▇▇ Enterprises, Inc.

Related to Promenade Trust

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.

  • Income trust means a trust that is not a unitrust.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;