CONTRACT SUMMARY FORGrant Award Contract • May 24th, 2018
Contract Type FiledMay 24th, 2018This summarizes the basic terms upon which Triumph Gulf Coast, Inc. (“Triumph”) is considering awarding a grant to the Panama City Port Authority (the “Authority”) under the Triumph Gulf Coast Trust Fund. This summary is intended for notice purposes only and (a) does not constitute a grant, or an approval of a grant, by Triumph to the Authority, and (b) does not create any binding obligations on Triumph or the Authority with respect to (i) any grant, (ii) any approval of a grant, or (iii) engaging in any further discussions or negotiations with respect to a grant. The final terms and conditions of the grant must be contained in a definitive grant award contract (“Contract”), approved by the respective Boards of Directors of Triumph and the Authority and executed by Triumph and the Authority.