SUMMARY OF TERMS. The following is a summary of the principal terms of the Lease. Any capitalized term set forth below shall, for the purposes of this Lease, have the meaning ascribed to it in this Section 1.
SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. Properties: Fee title to those certain parcels of real property legally described on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 (the “Purchase Price”). Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agree. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Seller: Midland Atlantic 0000 Xxxxxxxxxx Xxxx, Suite 710 Cincinnati, Ohio Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois
SUMMARY OF TERMS. As used in this Lease, the following terms shall have the following meanings:
SUMMARY OF TERMS. The following is a summary of the terms of the Award: Name of Participant: Jxxx X. Xxxxxxx Number of Shares: 420,000 shares of the Company’s Common Stock (“Common Stock”), subject to vesting in tranches as set forth below (the “Award Shares”).
SUMMARY OF TERMS. Issuer: American Utilicraft Corporation (the “Company” or “AUC”).
SUMMARY OF TERMS. Form of Security The Board of Directors has declared a dividend of one preferred stock purchase right for each outstanding share of the Company's Common Stock, payable to holders of record as of the close of business on August 16, 2001 (each a "Right" and collectively, the "Rights"). Transfer Prior to the Distribution Date1, the Rights will be evidenced by the certificates for and will be transferred with the Common Stock, and the registered holders of the Common Stock will be deemed to be the registered holders of the Rights. After the Distribution Date, the Rights Agent will mail separate certificates evidencing the Rights to each record holder of the Common Stock as of the close of business on the Distribution Date, and thereafter the Rights will be transferable separately from the Common Stock. Exercise Prior to the Distribution Date, the Rights will not be exercisable. After the Distribution Date, each Right will be exercisable to purchase, for $20 (the "Purchase Price"), one one-hundredth of a share of Series A
SUMMARY OF TERMS. The undersigned Optionee has been granted, by the Compensation Committee of the Board of Directors, an Option to purchase the number of shares of Common Stock of the Company set forth below, at the exercise price per share set forth below, subject to the terms and conditions of the Plan and this Agreement, as follows: Grant Identification Number:
SUMMARY OF TERMS. The terms set forth below shall apply to this Agreement Field of Use: Territory: Patent royalty rate: 2% of Net Sales Success Fee Rate: 0.95% Financial Diligence Milestones: o Licensee will raise no less than $ , in startup funding by [Date] o Licensee will raise no less than $ , in second round of funding by [Date] Non-Financial Commercial Diligence milestones o Technical Milestone 1: o Technical Milestone 2: o Technical Milestone 3: o Technical Milestone 4: o Technical Milestone 5:
SUMMARY OF TERMS. Form of Security The Board of Directors has declared a dividend of one preferred stock purchase right for each outstanding share of the Company's Common Stock, payable to holders of record as of the close of business on March 31, 1999 (each a "Right" and collectively, the "Rights") Transfer Prior to the Distribution Date2, the Rights will be evidenced by the certificates for, and will be transferred with, the Common Stock, and the registered holders of the Common Stock will be deemed to be the registered holders of the Rights. After the Distribution Date, the Rights Agent will mail separate certificates evidencing the Rights to each record holder of the Common Stock as of the close of business on the Distribution Date, and thereafter the Rights will be transferable separately from the Common Stock. Exercise Prior to the Distribution Date, the Rights will not be exercisable.
SUMMARY OF TERMS. Extended Term: Ten Years Extended Term Commencement Date: April 1, 2014 Extended Term Rent Commencement Date: April 1, 2014 Extended Term Termination Date: March 31, 2024
