EFTA01017565.pdf

From: J <[email protected]> To: David Mitchell Subject: Re: AGODA - $199k payment on 11/26/2018 Date: Mon, 05 Nov 2018 17:24:45 +0000 And this is not nov 9 On Mon, Nov 5, 2018 at 5:31 PM David Mitchell < > wrote: this is update on payment for interest reserve Is two weeks behind , also they want to do $199,000 payment being replenished upon usage vs the $370,000 one time contract DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue New York NY 10151 Begin forwarded message: From: Geoffrey Allan Mills Date: November 5, 2018 at 11:25:23 AM EST To: David Mitchell Subject: AGODA - $199k payment on 11/26/2018 Dear David, Here is the latest update with AGODA on the original advance payment that was to happen this week. This is a result of the conclusion of their 3rd party financial due-diligence. Today I confirmed with Taylor Wong of AGODA that they have agreed to a next and on-going advance payment of $199,000. We will receive a final agreement document by Wednesday of this week to be executed and turned around quickly. If this is done by Thursday, they will process the payment scheduled for November 261h. Should we miss the turn-around (by Thursday) of that document, it will take additional days so latest would be November 28111. With this document, the hotel will continue to receive $199k advance payments when 100% of the $199k advance is consumed. These payments will be automatic and not require additional paperwork.. Please let me know if you have any questions. EFTA01017565  Thank you, Geoffrey Geoffrey Allan Mills President & CEO The Graybar Building 420 Lexington Avenue Suite 300-116 NY NY 10170 Email: Web: "We are yours in Hospitality" please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01017566