EFTA02538635.pdf

From: jeffrey E. <[email protected]> Sent: Monday, January 15, 2018 10:10 PM To: David Mitchell Subject: Re: Term sheet no terms ? On Mon, Jan 15, 2018 at 4:52 PM, David Mitchell > wrote: FYI, lots of pressure DAVID MITCHELL Mitchell Holdings LLC 745 Fifth Avenue New York NY 10151 USA Begin forwarded message: From: Susanna Rock Date: January 15, 2018 at 1:13:35 PM EST To: HenryCabot Lodge David Mitchell Cc: Eric Sadkin Subject: RE: Term sheet David, Please find attach draft term sheet. A couple of ite=s in square brackets tbc. EFTA_R1_01686466 EFTA02538635  I have asked Doug to let me know the projected opera=ing shortfall at the next IPD (knowing also there is $122k due on AP betwe=n now and the 22nd with $17k on the account). The thinking is we want to make sure the Equity Cont=ibution of no less than 5175k is sufficient to cover any operating shortfa=ls occurring between today and when we fund to ensure the hotel can operat= efficiently without delaying any payments due to employees, third party service providers etc. I would also note this is subject to our attorney =80 s review. Kind regards, Susanna Susanna Rock<i=pan> Crescendo Real Estate Partne=s Direct: Mobil Email: Please consider the environment before prin=ing this email. Private, Privileged and Confidential. This message is intended exclusively =or the individual(s) or entity to which it is addressed. It may contain in=ormation that is proprietary, privileged or confidential or otherwise lega=ly exempt from disclosure. Dissemination, distribution or copying of this E-mail or the information herein by or to =nyone other than the intended recipients or their designated agents is pro=ibited. If you have received this message in error, please contact +44 =481 731668 or the sender. Crescendo Real Estate Partners Limited is authorized and regulated by the G=ernsey Financial Services Commission in Guernsey. Company Registration Num=er 56786. From: Henry Cabot Lodge 2 EFTA_R1_01686467 EFTA02538636  Sent: 15 January 2018 18:01 To: David Mitchell Cc: Susanna Rock Eric Sadkin Subject: Term sheet Draft should be comin= to you shortly from Susanna. Terms as we discussed except charging an ext=a $20K. H. Cabot Lodge III Senior Managing Director Crescendo Real Estate Partners Ltd =AO please note The information contained i= this communication is confidential, may be attorney-client privileged,=may constitute inside information, and is intended only for the use =f the addressee. It is the property of JEE Unauthorized use, disclos=re or copying of this communication or any part thereof is strictly pro=ibited and may be unlawful. If you have received this communication =n error, please notify us immediately by return e-mail or by e-mail to =a href="mailto:[email protected]" target="_blank">[email protected], and destroy this communication and all copies thereof, inc=uding all attachments. copyright -all rights reserved --94eb2c111ac8aadc120562d7dea8-- conversation-id 18341 date-last-viewed 0 date-received 1516054176 flags 8590195713 gmail-label-ids 7 remote-id 786726 3 EFTA_R1_01686468 EFTA02538637