View Single Post
Old
02-22-2011, 02:52 PM
  #7
CasualFan
Tortious Beadicus
 
Join Date: Nov 2009
Location: Bay Area, CA
Country: United States
Posts: 3,114
vCash: 500
For the record, the NHL held the right to assume any Glendale Contract per their APA:

NHL APA @ 2.14(b)
Quote:
At any time prior to the rejection of any Glendale Contract (but not later than June 30, 2010), the Buyers may elect to assume such Glendale Contract. In the event the Buyers have elected to assume a Glendale Contract, such Glendale Contract shall be treated as an Added Contract in accordance with Section 2.9(b) and thereafter shall be deemed an Assumed Contract.
Quote:
Glendale Contracts
1. Partition and Sale Agreement, dated as of September 1. 25, 2006, by and among Arizona
Hockey Management, Inc., Arena Management Group, LLC, Arena Management
Holdings, LLC, Arena Development, LLC, Center Ice Holdings, LLC, Coyote Center
Development, LLC, Coyotes Hockey, LLC, Coyotes Holdings, LLC, E-Arena Holdings,
LLC, Ellman Holdings, Inc., Glendale-101 Development, LLC, Jerry Moyes, Coyotes
Holdings MemberCo, LLC, 101 Holdings, LLC, Steven M. Ellman, SUB Investments,
LLC, Jerry and Vickie Moyes Family Trust, Westgate Investments, LLC and Westgate
Signage, LLC.

2. Amended and Restated Agreement in Respect of Parking and Mixed-Use Development
Agreement, dated as of July 1, 2008, by and among Coyote Center Development, LLC,
Glendale-101 Development, LLC, Arena Development, LLC, Westgate Investments,
LLC, Coyotes Hockey, LLC and Arena Management Group, LLC.

3. Agreement for the Replacement of Temporary Parking, dated as of July 1, 2008, by and
among City of Glendale, Coyote Center Development, LLC, Glendale Garage LLC,
Coyotes Hockey, LLC and Arena Management Group, LLC.

4. Declaration of Easements, dated as of September 25, 2006, by and among Coyote Center
Development, LLC, Coyotes Hockey, LLC and Arena Management Group, LLC.

5. Master Declaration of Easements, Covenants, Conditions and Restrictions for Westgate,
dated as of January 30, 2006, by Coyote Center Development, LLC and Entertainment
Center Development, LLC, to the extent a Seller is a beneficiary thereof.

6. Common Operation and Reciprocal Easement Agreement for the Entertainment District at
Westgate, dated as of February 15, 2006, by Coyote Center Development, LLC and
Entertainment Center Development, LLC, to the extent a Seller is a beneficiary thereof.

7. Common Operation and Reciprocal Easement Agreement for the Village Retail District at
Westgate, dated as of February 15, 2006, by Coyote Center Development, LLC, to the
extent a Seller is a beneficiary thereof.



I think that some users want to keep revisiting this parking transaction until they find a smoking gun to prove it's invalid. There just isn't one.

CasualFan is offline