📄 Extracted Text (339 words)
ASSIGNMENT OF PROMISSORY NOTE
THIS ASSIGNMENT is made as of the 20th day of December, 2012 by
BENJAMIN ELI BLACK, individually, to LEON D. BLACK, as trustee of the
YGGDRASIL TRUST ("Assignee").
Assignor holds a promissory note payable to BENJAMIN ELI BLACK
with a principal amount of FIVE MILLION ONE HUNDRED TWENTY THOUSAND
($5,120,000) DOLLARS, a copy of which is attached hereto as Exhibit A (the "Note").
Assignor hereby assigns, transfers and conveys to Assignee the Note, plus
any accrued interest thereon, together with all rights of Assignor in respect of the Note.
By execution hereof, Assignee hereby accepts the aforesaid assignment of
the Note and hereby agrees to be bound by all of the teens and conditions of the Note as
if Assignee were the initial obligee under the Note.
Assignor agrees, upon request of Assignee, to execute and deliver to
Assignee any and all documents or other instruments which may be necessary or required
to perfect Assignee's title in and to the Note.
IN WITNESS WHEREOF, the parties hereto have caused this Assignment
to be executed as of the date first above written.
ASSIGNEE:
YGGDRASIL TRUST
)
LEON D. BLACK, Trustee
DM US 40347457-1.088815.0011
EFTA00598599
EXHIBIT A
$5,120,000 NEW YORK, NEW YORK
FOR VALUE RECEIVED, BARRY J. COHEN, JOHN J. HANNAN and
DEBRA R. BLACK, as trustees of the BEB 2011 TRUST, promise to pay to
BENJAMIN ELI BLACK, in his individual capacity, the principal sum of exactly FIVE
MILLION ONE HUNDRED TWENTY THOUSAND and 0/100 DOLLARS
($5,120,000) ("Principal"). The unpaid Principal shall be due and payable in full on the
day before the fortieth (40th) anniversary of the date hereof, or on such earlier date as the
loan is repaid completely, together with interest at the fixed rate of 2.40% per annum
from and after the date hereof, compounded annually on each anniversary of the date
hereof.
DATED: as of December , 2012
BEB 2011 TRUST
By:
BARRY J. COHEN, Trustee
By:
JOHN J. HANNAN, Trustee
By:
DEBRA R. BLACK, Trustee
2
DM US 40347457-1.088335.0011
EFTA00598600
ℹ️ Document Details
SHA-256
80de1da661ac74c4dd43737905e8680fc7b71ed97c12470931f12cbb2a36710f
Bates Number
EFTA00598599
Dataset
DataSet-9
Document Type
document
Pages
2
Comments 0