TAX MATTERS AGREEMENTTax Matters Agreement • August 17th, 2020 • BBX Capital Florida LLC • Retail-food stores
THIS TAX MATTERS AGREEMENT (this “Agreement”), dated as of _______, 2020, is by and among BBX Capital Corporation, a Florida corporation (“Parent”), and BBX Capital Florida LLC, a Florida limited liability company (“New BBX Capital”). Each of Parent and New BBX Capital is sometimes referred to herein as a “Party” and, collectively, as the “Parties.”
TRANSITION SERVICES AGREEMENTTransition Services Agreement • August 17th, 2020 • BBX Capital Florida LLC • Retail-food stores
THIS TRANSITION SERVICES AGREEMENT (this “Agreement”), dated as of _______, 2020, is by and among BBX Capital Corporation, a Florida corporation (“Parent”), and BBX Capital Florida LLC, a Florida limited liability company (“New BBX Capital”). Each of Parent and New BBX Capital is sometimes referred to herein as a “Party” and, collectively, as the “Parties.” For purposes of this Agreement, capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the Separation Agreement (as defined below).
EMPLOYEE MATTERS AGREEMENTEmployee Matters Agreement • August 17th, 2020 • BBX Capital Florida LLC • Retail-food stores
This EMPLOYEE MATTERS AGREEMENT, dated as of ___________, 2020 (this “Agreement”), is entered into by and among BBX Capital Corporation, a Florida corporation (“Parent”), and BBX Capital Florida LLC, a Florida limited liability company (“New BBX Capital”). Each of Parent and New BBX Capital is referred to herein as a “Party” and collectively as the “Parties.” Capitalized terms used in this Agreement and not otherwise defined shall have the meanings ascribed to such terms in the Separation Agreement (as defined below).
SEPARATION AND DISTRIBUTION AGREEMENTSeparation and Distribution Agreement • August 17th, 2020 • BBX Capital Florida LLC • Retail-food stores • Florida
THIS SEPARATION AND DISTRIBUTION AGREEMENT, dated as of ________, 2020 (this “Agreement”), is entered into by and among BBX Capital Corporation, a Florida corporation (“Parent”), and BBX Capital Florida LLC, a Florida limited liability company and wholly-owned subsidiary of Parent (“New BBX Capital”). Each of the foregoing parties is referred to herein as a “Party” and collectively as the “Parties.”
Pine Valley Commercial Banking Center 4499 Highway #7, 2nd Floor Woodbridge, Ontario L4L 9A9 Tel # 905 264 6723 Fax #905 851 8209Credit Facility Agreement • August 17th, 2020 • BBX Capital Florida LLC • Retail-food stores
On the third Business Day following the last Business Day of March, June, September, and December, in each year, the Borrower shall pay to the Bank a Commitment Fee for the Committed Revolving/Reducing Multiple Draw Facility in an amount equal to 0.7000 % per annum calculated on the daily average amount of the undrawr portion of the Committed Revolving/Reducing Multiple Draw Facility during the quarter just ended.
OPERATING AGREEMENT among THE ALTMAN COMPANIES, LLC and JOEL L. ALTMAN, AMC HOLDINGS FLORIDA, INC., ALTMAN DEVELOPMENT CORPORATION, THE ALTMAN COMPANIES, INC., and BBX ALTMAN OPERATING ENTITIES, LLC EFFECTIVE NOVEMBER 30, 2018Operating Agreement • August 17th, 2020 • BBX Capital Florida LLC • Retail-food stores • Florida
This Operating Agreement is entered into and effective as of November 30, 2018 (the “Effective Date”) by and among The Altman Companies, LLC, a Florida limited liability company (the “Company”), Joel L. Altman (“JLA”), AMC Holdings Florida, Inc., a Florida corporation (“AMC Holdings”), Altman Development Corporation, a Michigan corporation (“Old ADC”), The Altman Companies, Inc., a Michigan corporation (“Old TAC”), and BBX Altman Operating Entities, LLC, a Florida limited liability company (“BBXAOE”). JLA, AMC Holdings, Old ADC and Old TAC are collectively called the “Class A Members” and BBXAOE is called the “Class B Member” and together the Class A Members and the Class B Member are called the “Members.”
