Prepared by and after recording return to: Harlan W. Robins, Esq. Dickinson Wright PLLC
Exhibit 10.25
Prepared by and after recording return to:
Xxxxxx X. Xxxxxx, Esq.
Xxxxxxxxx Xxxxxx PLLC
00 X. 0xx Xxxxxx
Xxxxxxxx, Xxxx 00000
FOR VALUE RECEIVED, the undersigned, XX Xxxxxxxx Cinema, LLC, a Delaware limited liability company, as Borrower, does hereby transfer, sell, assign, set over and convey unto Northlight Trust I, a Delaware statutory trust, as Lender, all of its right, title and interest in and to that certain Lease Agreement more particularly described on the attached Exhibit A, as collateral security for Borrower’s obligations to Lender under that certain Loan Agreement between Borrower and certain of its affiliates, and Borrower’s parent, Digital Cinema Destinations Corp., a Delaware corporation, of even date herewith (the “Loan”).
TOGETHER WITH all rights, title and interest in and to said Lease Agreement, as “tenant/lessee” therein, as additional collateral security for the Loan.
DATED this 27th day of September, 2012.
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XX Xxxxxxxx Cinema, LLC, a Delaware limited liability company
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By:
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/s/ A. Xxxx Xxxx | |
| Name: | A. Xxxx Xxxx | ||
| Title: | Manager | ||
| STATE OF NEW JERSEY | ) | |
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) ss.
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| COUNTY OF UNION |
)
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This instrument was acknowledged before me on September 27, 2012, by A. Xxxx Xxxx, the Manager of XX Xxxxxxxx Cinema, LLC, a Delaware limited liability company.
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/s/ Xxxx X. Xxxxxxxx | ||
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Notary Public
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[SEAL]
Exhibit 10.25
Prepared by and after recording return to:
Xxxxxx X. Xxxxxx, Esq.
Xxxxxxxxx Xxxxxx PLLC
00 X. 0xx Xxxxxx
Xxxxxxxx, Xxxx 00000
Exhibit A
Lease Agreement between Xxxxxxxx Theatre Holding Co., L.L.C. (“Landlord”) and XX Xxxxxxxx Cinema, LLC (“Tenant”) dated December 31, 2010.
