Exhibit L. Representations and Warranties Concerning Purchased Assets is hereby amended by deleting clause “(a)” thereof in its entirety and replacing it with the following (with the modified text underlined for review purposes):
Exhibit L. RISK EVENTS MATRIX Project Status at Risk Event1 Risk Event During Initial Scope of Work2 After MDP Approval3 Prior to Approval of FIP Between Facility NTP2 and Close of Finance (Facility Dev. Work) Prior to Approval of FIP Between Facility NTP2 and Close of Finance (Facility Dev. Work)
Exhibit L. (l) The Holder understands that the Company's Chief Executive Officer purchased from Xxxxx X. Xxxxxxxx, then CEO of the Company, 1,000,000 shares of the Company's common stock for $100,000 ($.10 per share) during April, 1995 and that the Company offered to its Debenture Holders in August, 1995 the opportunity to convert their outstanding Debenture Debt for $.50 per share and the offer to convert was not accepted by a significant majority of the Debenture Holders and as a result, the Company did not accept the offer of the persons willing to convert. Further, the Holder understands that if he accepts the Preferred Shares for $4.50 per share, the same would be convertible to common stock at the rate of six shares per preferred share during the first 12 months or at a price of $.75 per share of common stock. The market bid price for the Company's common stock as of September 12, 1995 was $.25 per share.
Exhibit L. Key Employee Affidavit To: The New York Times Building, LLC (“Owner”) I, , do hereby certify as follows:
Exhibit L. SCHEDULE 1.1 ------------ RETAINED ASSETS SCHEDULE 1.4 ------------ ASSUMED LIABILITIES SCHEDULE 2.1 ------------ ARTICLES OF ORGANIZATION AND AMENDED AND RESTATED OPERATING AGREEMENT OF SELLER SCHEDULE 2.3 ------------ MEMBERSHIP OF SELLER SCHEDULE 2.5 ------------ CONFLICTS, REQUIRED FILINGS AND CONSENTS SCHEDULE 2.7 ------------ EXCEPTIONS TO ABSENCE OF CHANGES SCHEDULE 2.10 ------------- EXCEPTIONS TO TITLE TO PROPERTIES SCHEDULE 2.12 ------------- EXCEPTIONS TO INTELLECTUAL PROPERTY RIGHTS SCHEDULE 2.14 ------------- LEASES SCHEDULE 2.15 ------------- CONTRACTS SCHEDULE 2.17 ------------- LITIGATION SCHEDULE 2.18 ------------- EMPLOYEE BENEFIT PLANS/LABOR RELATIONS SCHEDULE 2.19 ------------- ERISA SCHEDULE 2.21 ------------- PERMITS SCHEDULE 2.22 -------------
Exhibit L. Representations and Warranties Concerning Purchased Assets is hereby amended by deleting subclause “(a)” thereof in its entirety and replacing it with the following (modified text underlined for review purposes):
Exhibit L a. In consideration of the covenants stated herein, the District agrees to provide an area within the Wattsburg Elementary Center consisting of two classrooms and the usage of gymnasium in relation to the conduct of the Child Care Program. The YMCA agrees to compensate the district the mutually agreed amount of $400 per month fee for these areas. In connection with the use of the foregoing premises, the District also agrees to provide the YMCA access to the following:
Exhibit L. This Agreement, and the YMCA’s rights and obligations hereunder, may not be assigned to any other party without the prior written consent of the District and the ratification of the same by recorded vote of a majority of the members of the Board of School Directors of the District.
Exhibit L. Exhibit L to the Disbursement Agreement is hereby amended by deleting the text thereof in its entirety and replacing such text with the text set forth on Exhibit 1 hereto.
Exhibit L. Exhibit L to the Credit Agreement is hereby amended and restated in its entirety as set forth on Exhibit L hereto and all references to Exhibit L in the Credit Agreement are hereby amended to refer to the “Approved Plan of Development”.
