REPRESENTATIONS AND WARRANTIES 35. Section 3.1 Legal Status and Authority 35 Section 3.2 Validity of Documents 36 Section 3.3 Litigation 36 Section 3.4 Agreements 37 Section 3.5 Financial Condition 37 Section 3.6 Disclosure 37 Section 3.7 No Plan Assets 38 Section 3.8 Not a Foreign Person 38 Section 3.9 Business Purposes 38 Section 3.10 Borrower Information 38 Section 3.11 Status of Property 38 Section 3.12 Financial Information 40 Section 3.13 Condemnation 40 Section 3.14 Separate Lots 40 Section 3.15 Insurance 40 Section 3.16 Use of Property 40 Section 3.17 Leases and Rent Roll 40 Section 3.18 Filing and Recording Taxes 41 Section 3.19 Management Agreement 41 Section 3.20 Illegal Activity/Forfeiture 41 Section 3.21 Taxes 42 Section 3.22 Permitted Encumbrances 42 Section 3.23 Material Agreements 42 Section 3.24 [Intentionally Omitted] 42 Section 3.25 Federal Reserve Regulations 42 Section 3.26 Investment Company Act 42 Section 3.27 Fraudulent Conveyance 43 Section 3.28 Embargoed Person 43 Section 3.29 Patriot Act 44 Section 3.30 Organizational Chart 44 Section 3.31 Bank Holding Company 44 Section 3.32 [Intentionally Omitted] 44 Section 3.33 REA Representations 44 Section 3.34 No Change in Facts or Circumstances 45 Section 3.35 Perfection of Accounts 45 Section 3.36 Franchise Agreement 45 Section 4.1 Existence 46 Section 4.2 Applicable Law 46 Section 4.3 Maintenance and Use of Property 46 Section 4.4 Waste 47 Section 4.5 Taxes and Other Charges 47 Section 4.6 Litigation 48 Section 4.7 Access to Property 48 Section 4.8 Notice of Default 48 Section 4.9 Cooperate in Legal Proceedings 48 Section 4.10 Performance by Borrower 48 Section 4.11 Awards 48 Section 4.12 Books and Records 49 Section 4.13 Estoppel Certificates 50 Section 4.14 Leases and Rents 51 Section 4.15 Management Agreement 53 Section 4.16 Payment for Labor and Materials 54 Section 4.17 Performance of Other Agreements 55 Section 4.18 Debt Cancellation 55 Section 4.19 ERISA 55 Section 4.20 No Joint Assessment 56 Section 4.21 Alterations 56 Section 4.22 REA Covenants 57 Section 4.23 Material Agreements 57 Section 4.24 Hotel Franchise 58 Section 4.25 PIP 59 Section 5.1 Single Purpose Entity/Separateness 59 Section 5.2 [Intentionally Omitted] 62 Section 5.3 Change of Name, Identity or Structure 63 Section 5.4 Business and Operations 63 Section 6.1 Transfer Definitions 63 Section 6.2 No Sale/Encumbrance 64 Section 6.3 Permitted Equity Transfers 65 Section 6.4 [Intentionally Omitted] 66 Section 6.5 Lender’s Rights 66
REPRESENTATIONS AND WARRANTIES 35. Section 6.1 Representations and Warranties of Each Stockholder 35 Section 6.2 Representations and Warranties of the Corporation 35 ARTICLE VII INDEMNIFICATION 36 Section 7.1 Indemnification of Principals 36 Section 7.2 Indemnification of Other Professionals 36 Section 7.3 Corporation Actions 36 ARTICLE VIII MISCELLANEOUS 37 Section 8.1 Notices 37 Section 8.2 Severability 37 Section 8.3 Counterparts 38 Section 8.4 Entire Agreement; No Third Party Beneficiaries 38 Section 8.5 Further Assurances 38 Section 8.6 Expenses 38 Section 8.7 Governing Law; Equitable Remedies 38 Section 8.8 Consent To Jurisdiction 39 Section 8.9 Amendments; Waivers 39 Section 8.10 Assignment 40 STOCKHOLDERS AGREEMENT (this “Agreement”), dated as of January 1, 2022 (the “Effective Date”), among (i) Apollo Global Management, Inc., a Delaware corporation (the “Corporation”), (ii) LDB 2014 LLC, a Delaware limited liability company (“LDB”), (iii) The Heritage Trust, a trust governed by the laws of New York (“THT”), (iv) MJR Foundation, LLC, a New York limited liability company (“MJRF”), (v) RWNM AOG Holdings LLC, a Delaware limited liability company (“RWNM”), (vi) MJR Foundation Holdings, LLC, a Delaware limited liability company (“MJRF Holdings”), (vii) MJH Partners II LLC, a Delaware limited liability company (“MJHP” and collectively with LDB, THT, MJRF, RWNM, MJRF Holdings, LB (as defined herein) and all other Persons (as defined herein) who become parties to this Agreement as “Stockholders” in accordance with the terms of this Agreement, the “Stockholders”), (viii) Xxxx X. Xxxxx (“LB”), (ix) Xxxx X. Xxxxx (“MR”), (x) Xxxxxx X. Xxxxxx (“JH”, and together with LB and MR, the “Principals”, and each individually, a “Principal”).
REPRESENTATIONS AND WARRANTIES 35. 7.1. Representations and warranties of the Licensee 35 7.2. Representations and warranties of Maha-Metro 36 7.3. Disclosure 36 8.1. Disclaimer 37 9.1. Security Deposit 38 9.2. Appropriation of Security Deposit 38 9.3. Release of Security Deposit 39
REPRESENTATIONS AND WARRANTIES 35. Section 4.1 Corporate Existence and Power 35 Section 4.2 Authorization of Borrowing; No Conflict as to Law or Agreements 36 Section 4.3 Legal Agreements 36 Section 4.4 Subsidiaries 36 Section 4.5 Financial Condition 37 Section 4.6 Adverse Change 37 Section 4.7 Litigation 37
REPRESENTATIONS AND WARRANTIES 35. Section 12. Representations and Warranties of the Borrower 35 Section 13. Representations and Warranties of the City 39 Section 14. Representations and Warranties of WIFIA Lender 44
REPRESENTATIONS AND WARRANTIES 35. Representations and Warranties of the Property Trustee and the Delaware Trustee 35 SECTION 7.2. Representations and Warranties of Depositor 37
REPRESENTATIONS AND WARRANTIES 35. 4.1 Representations and Warranties 35 4.2 Nature and Survival of Representations and Warranties 39
REPRESENTATIONS AND WARRANTIES 35. 3.1 Corporate Existence; Compliance with Law. 35 3.2 Executive Offices, Collateral Locations, FEIN. 36 3.3 Corporate Power, Authorization, Enforceable Obligations. 36 3.4 Financial Disclosures. 37 3.5 Material Adverse Effect. 38 3.6 Ownership of Property; Liens. 38 3.7 Labor Matters. 38 3.8 Ventures, Subsidiaries and Affiliates; Outstanding Stock and Indebtedness. 39 3.9 Government Regulation. 39 3.10 Margin Regulations. 39 3.11 Taxes. 39
3.12 ERISA/U.K. Pension Plans. 40 3.13 Litigation. 41 3.14 Brokers. 41 3.15 Intellectual Property. 42 3.16 Full Disclosure. 42 3.17 Environmental Matters. 42 3.18 Insurance. 43 3.19 Deposit. 43 3.20 [Reserved]. 43 3.21 Bonding; Licenses. 43 3.22 Solvency. 44 3.23 Sale-Leasebacks. 44 3.24 U.S. Sanctions, Money-Laundering and Terrorism Regulatory Matters. 44 3.25 Lending and Auction Regulatory Matters. 45
REPRESENTATIONS AND WARRANTIES 35. Existence; Power 35
REPRESENTATIONS AND WARRANTIES 35. 11.1. Representations and warranties of the Licensee 35 11.2. Representations and warranties of the Maha-Metro 36 11.3. Disclosure 36 12.1. Disclaimer 37 13.1. Performance Security and Security Deposit 38 13.2. Appropriation of Security Deposit 39 13.3. Release of Performance Security and Security Deposit 39 14.1. Maintenance of Advertisement Spaces 40 15.1. Operation and Maintenance 42 15.2. Reports of unusual occurrence 43 16.1. Force Majeure 44 17.1. Licensee Events of Default 45 17.2. Consequences of Material Breach and Licensee’s event of Default 45 17.3. Handing over on Termination / Completion / Surrender 46 17.4. Termination on the account of Operational Ground of Maha-Metro 46 18.1. Dispute Resolution 47 18.2. Arbitration 49 THIS AGREEMENT is entered into on this the ……….. day of ………, 20…..
