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 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. 5.1 Existence, Qualification and Power; Compliance with Laws 35 5.2 Authorization; No Contravention 35 5.3 Governmental Authorization 36 5.4 Binding Effect 36 5.5 Financial Statements; No Material Adverse Effect 36 5.6 Accounts Receivable 36 5.7 Litigation 37 5.8 No Default 37 5.9 Ownership of Property; Liens 37 5.10 Environmental Compliance 37 5.11 Insurance 37 5.12 Taxes 38 5.13 ERISA Compliance 38 5.14 Subsidiaries 38 5.15 Disclosure 38 5.16 Compliance with Laws 39 5.17 Margin Regulations; Investment Company Act; Public Utility Holding Company Act 39 5.18 Rights in Collateral; Priority of Liens 39 5.19 Intellectual Property 39 5.20 Location of Borrower 42 5.21 Use of Proceeds 43 5.22 Solvent Financial Condition 43 5.23 Labor Disputes; Acts of God 43 5.24 Interest Rate Hedging 43 6.1 Financial Statements 43 6.2 Certificates; Other Information 44 6.3 Notices 45 6.4 Payment of Obligations 45 6.5 Preservation of Existence, Etc 45 6.6 Maintenance of Properties 45 6.7 Maintenance of Insurance 46 6.8 Compliance with Laws 46 6.9 Books and Records 46 6.10 Inspection Rights 46 6.11 Use of Proceeds 46 6.12 Financial Covenants 47 6.13 Additional Subsidiaries 47 6.14 Collateral Records 48 6.15 Security Interests 48 6.16 Notice of Litigation, Claims, Etc 48 6.17 Lender as Principal Depository 48 6.18 Key Man Life Insurance 48 7.1 Liens 48 7.2 Investments and Acquisitions 49 7.3 Indebtedness 50 7.4 Fundamental Changes 51 7.5 Dispositions 52 7.6 Restricted Payments 52 7.7 Change in Nature of Business 52 7.8 Transactions with Affiliates 52 7.9 Margin Regulations 53
REPRESENTATIONS AND WARRANTIES 35. Section 5.1 Legal Status and Authority; Compliance with Law 35 Section 5.2 Validity of Documents 35 Section 5.3 Litigation 36 Section 5.4 Agreements 36 Section 5.5 Financial Condition 36 Section 5.6 Disclosure 36
Section 5.7 No Plan Assets 36 Section 5.8 Not a Foreign Person 37 Section 5.9 Business Purposes 37 Section 5.10 Borrower Information 37 Section 5.11 Status of Property 37 Section 5.12 Financial Information 38 Section 5.13 Condemnation 38 Section 5.14 Separate Lots 38 Section 5.15 Insurance 38 Section 5.16 Use of Property 38 Section 5.17 Leases and Rent Roll 38 Section 5.18 Filing and Recording Taxes 39 Section 5.19 Management Agreement 39 Section 5.20 Illegal Activity/Forfeiture 39 Section 5.21 Taxes 39 Section 5.22 Permitted Encumbrances 40 Section 5.23 Material Agreements 40
Section 5.24 Intentionally Omitted. 40 Section 5.25 Federal Reserve Regulations 40 Section 5.26 Investment Company Act 40 Section 5.27 Fraudulent Conveyance 40 Section 5.28 Sanctioned Targets 40 Section 5.29 Money Laundering Control Act 41 Section 5.30 Bank Holding Company 41 Section 5.31 REA Representations 42 Section 5.32 No Change in Facts or Circumstances 42 Section 5.33 Perfection of Accounts 42 Section 5.34 Interest Rate Protection Agreement 42 Section 5.35 Intentionally Omitted. 42 Section 5.36 Guarantor and Sponsor Representations 42 Section 5.37 CFIUS 43
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…..
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. 4.1 Representations and Warranties 35 4.2 Nature and Survival of Representations and Warranties 39
REPRESENTATIONS AND WARRANTIES 35. Existence; Power 35
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. 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