📄 Extracted Text (437 words)
Private Wealth Management.
Deutsche Bank
For Discussion Purposes Only - Not a Commitment
• Any additional information cleaned necessary by Lender to complete its due
diligence in form and substance satisfactory to Lender in its sole discretion,
including due diligence on the use of proceeds and any entities benefitting from such
proceeds
• Completion of compliance with the Lender's credit approval process and "Know
Your Client" Policy.
• Satisfactory legal opinions and execution of all loan documents under New York
law.
Cotenants/ Events of Usual and customary for a facility of this size and type, including, but not limited to:
Default • Annual receipt of financial statements on Borrower(s), Pledgor(s) and Guarantor(s).
• Periodic compliance certificates evidencing compliance with all loan terms.
• Financial covenants including, but not limited to, net worth minimum, maximum
debt levels and unencumbered asset minimum. The covenants would be determined
upon receipt of financial and collateral information and Lender's completion of due
diligence.
• An Collateral covenants, including annual re-appraisals, annual viewing,
notification prior to change of venue, etc.
• AOG Collateral covenants, including continuance of a filed shelf registration
statement for the exchange of Class A shares issuable upon exchange of AOG units.
• Periodic notification to Lender regarding status of pledged Art Collateral and AOG
Collateral.
• Notification to Lender following the sale of any art or Apollo asset (AOG units or
otherwise) by Borrower or another lender.
• Subordination of any Borrower or affiliate, including, but not limited to, any Trusts
or other wealth holding vehicles, debt, specifically to include any notes payable
issued in relation to the purchase of AOG units.
• Cross default to indebtedness of the Borrower(sYPledgor(sYGuarantor(s).
Expenses and The Borrower must reimburse DB for its reasonable attorneys' fees and other
Indemnification: expenses, including appraisal services whether by an outside firm or DI3 :daft with
respect to a potential Facility, regardless of whether the Facility closes.
Governing Law and 'the loan documents would be governed by and construed in accordance with the laws of the
Jury Waiver State of New York: the parties must waive trial by jury.
Note: General terms and conditions reflected herein may change at any time - without any prior
notice by DB.
DB does not provide accounting, tax or legal advice. These terms constitute confidential andproprietary information ofDB
andmay not be disclosed to anyperson (other than your advisors who will assist you in deciding whether or not to enter into
the potential transaction) without theprior written consent ofDB.
Confidential
For Discussion Purposes Only - Not a Commitment
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0103388
CONFIDENTIAL SONY GM_00249572
EFTA01448377
ℹ️ Document Details
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575f2d8f65a988279a4190180e5d8a3f756665c455164750bd723421e881fb89
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EFTA01448377
Dataset
DataSet-10
Document Type
document
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1
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