MARINA CITY CLUB, L.P. Debtor-In-PossessionSettlement Agreement • November 27th, 2020
Contract Type FiledNovember 27th, 2020This letter (“Letter Agreement”) shall: (i) supersede that certain Letter Agreement, dated October 1, 1993 between the Association and Debtor (the “Prior Agreement”), which Prior Agreement shall be deemed void and of no further force and effect, and (ii) confirm the terms and conditions which the Association and Debtor have subsequently agreed upon with respect to the settlement of the class action claims filed by the Association and the related individual and class claims; provided, however, that, notwithstanding anything contained herein to the contrary, if for any reason the United States bankruptcy Court for the Central District of California (the “Bankruptcy Court”) fails to enter by November 1, 1994 in chapter 11 case number LA 92-29484-SB (the “Chapter 11”) an order confirming a plan of reorganization proposed by Debtor that includes the terms of this Letter Agreement, each of the parties hereto reserves the right to contend that the Prior Agreement remains enforceable in accord
MARINA CITY CLUB, L.P.Settlement Agreement • September 27th, 2002
Contract Type FiledSeptember 27th, 2002This letter (“Letter Agreement”) shall: (i) supersede that certain Letter Agreement, dated October 1, 1993 between the Association and Debtor (the “Prior Agreement”), which Prior Agreement shall be deemed void and of no further force and effect, and (ii) confirm the terms and conditions which the Association and Debtor have subsequently agreed upon with respect to the settlement of the class action claims filed by the Association and the related individual and class claims; provided, however, that, notwithstanding anything contained herein to the contrary, if for any reason the United States bankruptcy Court for the Central District of California (the “Bankruptcy Court”) fails to enter by November 1, 1994 in chapter 11 case number LA 92-29484-SB (the “Chapter 11”) an order confirming a plan of reorganization proposed by Debtor that includes the terms of this Letter Agreement, each of the parties hereto reserves the right to contend that the Prior Agreement remains enforceable in accord