Schedule of Partners, Allocation of Partnership Units, and Non-Cash Capital Contributions for Legends Partnership

Contract Categories: Business Finance › Contribution Agreements
Summary

This document lists the partners in a partnership, their addresses, the value of their non-cash capital contributions, the number of partnership units issued to each, and their percentage interests. It also records changes over time, such as redemptions and conversions of units. The schedule provides a detailed breakdown of each partner’s investment and ownership stake as of specific dates. The main parties are various corporate and individual partners, and the document is used to track ownership and capital contributions within the partnership.

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EX-10.1(4) 3 a2049397zex-10_14.txt EXHIBIT 10.1.4 Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Golf Legends Ltd., Inc. $ 30,647,030 1,532,352 57 ###-###-#### Legends Drive Myrtle Beach, SC 29578 4/2/2001 Legends (conversion) (294,613) ------------ Legends Total $ 30,647,030 1,237,739 9.80% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Seaside Resorts Ltd., Inc. $ 16,129,118 806,456 6.38% 57 ###-###-#### Legends Drive Myrtle Beach, SC 29578 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Heritage Golf Club, Ltd., Inc. $ 16,031,230 801,561 57 ###-###-#### Legends Drive Myrtle Beach, SC 29578 1/6/1999 Heritage (conversion) (11,700) ------------ Heritage Total $ 16,031,230 789,861 6.25% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Legends of Virginia L.C. $ 11,963,738 598,187 57 ###-###-#### Legends Drive Myrtle Beach, SC 29578 4/2/2001 Legends (conversion) (598,187) 0.00% ------------ ------ Legends of Virgiania Total $ 11,963,738 -- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Northgate $ 3,797,071 189,854 76-0527250 16055 Northgate Forest Drive Houston, TX 77068 5/20/1998 Northgate (redemption) $ (158,969) (5,000) 1/6/1999 Northgate (conversion) $ -- (30,000) 3/2/2001 Northgate (conversion) (60,581) -------------- ------------ Northgate Total $ 3,638,102 94,273 0.75% - ------------------------------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Olde Atlanta Golf Club Limited $ 1,444,926 72 ###-###-#### Partnership c/o The Crescent Company 1580 S. Milwaukee Ave., Suite 101 Libertyville, IL 60048 4/13/1998 Olde Atlanta (redemption) $ (62,837.60) (2,000) 5/20/1998 Olde Atlanta (redemption) $ (64,017.60) (2,000) 8/21/1998 Olde Atlanta (redemption) $ (52,387.50) (1,500) 12/10/1998 Olde Atlanta (redemption) $ (30,166.11) (1,150) 1/20/1999 Olde Atlanta (redemption) $ (66,078.50) (2,500) 4/6/1999 Olde Atlanta (conversion) $ -- (2,000) 5/1/1999 Olde Atlanta (recapitalization) $ 683,967 30,826 5/27/1999 Olde Atlanta (conversion) (2,000) 7/15/1999 Olde Atlanta (conversion) (3,500) 1/10/2000 Olde Atlanta (conversion) (3,300) 1/26/2000 Olde Atlanta (conversion) (4,100) 4/28/2000 Olde Atlanta (correction from 3/24/99) 2,000 8/14/2000 Olde Atlanta (conversion) (10,600) -------------- --------- Olde Atlanta Total $ 1,853,405.98 70,422 0.56% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/12/1997 Bright's Creek Development Co. LLC $ 2,119,005 105,950 63-1120089 104 Cotton Creek Drive Gulf Shores, AL 36542 5/1/2001 Woodlands (redemption in disposition) (1,271,400) (105,950) 5/1/2001 Residual Value (Value at Issue - Value at Redemption) (847,605) -------------- --------- Woodlands Total $ -- -- 0.00% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 10/31/1996 David Dick Joseph -- 12,500 0.00% ###-##-#### 14 North Adger's Wharf Charleston, SC 29401 12/14/1999 David Dick Joseph (conversion) (12,500) ---------------------------------------- -- -- - ------------------------------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/4/1997 W. Bradley Blair, II $ -- 12,500 0.10% ###-##-#### 14 North Adger's Wharf Charleston, SC 29401 - ------------------------------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/4/1997 James Hoppenrath $ -- 3,750 0.00% ###-##-#### 422 1/2 Marguerite Ave. Corona Del Mar CA 92625 1/6/2000 James Hoppenrath (conversion) (3,750) -------------- ------ $ -- -- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 6/20/1997 Golf Host Resorts, Inc. $ -- 274,039 0.00% 84-0631130 c/o Starwood Capital Group, LP Three Pickwick Plaza, Suite 250 Greenwich, CT 06830 3/3/2000 Golf Host (conversion) (274,039) -------------------- -- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 9/2/1997 John J. Rainieri, Sr. $ 3,198,168 114,237 ###-##-#### Betty Rainieri ###-##-#### 4350 Mayfair Road Uniontown, OH 44685 1/4/2001 Rainieri (redemption at disposition) $ (910,632) (75,886) -------------- ------ Rainieri Total $ 2,287,536.00 38,351 0.30% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 9/2/1997 Raintree Country Club, Inc. $ 204,138 7,292 0.00% 34 ###-###-#### Mayfair Road Uniontown, OH 44685 1/4/2001 Raintree (redemption at disposition) $ (87,504) (7,292) 1/4/2001 Residual Value $ (116,634) (Value at Issue - Value at Redemption) -------------- ------ Raintree Country Club, Inc. Total $ -- -- 0.00% - ------------------------------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 9/30/1997 Eagle Watch Golf Club, Limited $ 1,890,682 70 ###-###-#### Partnership c/o E. Neal Trogdon The Crescent Company 1580 South Milwaukee Avenue, Suite 101 Libertyville, IL 60048 11/2/1998 Eagle Watch (redemption) $ (64,199.00) (2,150) 5/21/1999 Eagle Watch (conversion) (1,250) 4/28/2000 Eagle Watch (correction from 3/24/99) (2,000) -------------- ------ Eagle Watch Total $ 1,826,483 64,758 0.51% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 10/17/1997 Properties of the Country, Inc. $ 500,000 19,231 48-1157265 908 N. 2nd Street East Louisburg, KS 66053 3/16/2001 Club of the Country (redemption at disposition) (230,772) (19,231) 3/16/2001 Residual Value (269,228) (Value at Issue - Value at Redemption) -------------- ------ Properties of the Country, Inc. Total $ -- -- 0.00% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 11/25/1997 Granite Golf Corporation $ 650,000 24,424 86 ###-###-#### N. Hayden Road, Suite 7 Scottsdale, AZ 85260 7/2/1999 Granite Golf (redemption) (200,257) (8,393) 7/27/1999 Granite Golf (redemption) (237,935) (10,354) 8/13/1999 Granite Golf (redemption) (125,746) (5,677) 8/13/1999 Residual Value (86,062) (Value at Issue - Value at Redemption) -- -- 0.00% -------------- ------ $ -- -- - ------------------------------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 12/19/1997 Stonehenge Golf Development, LLC $ 4,500,000 169 ###-###-#### 90 Mallet Hill Road Columbia, SC 29223 1/10/2000 Stonehenge Golf (conversion) (50,000) 6/20/2000 Stonehenge Golf (conversion) (25,471) -------------- ------- $ 4,500,000 94,340 0.75% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1/16/1998 Mystic Creek Golf Club, Limited $ 1,500,000 52,724 0.42% 38 ###-###-#### Partnership 32605 West 12 Mile Road Suite 350 Farmington Hills, MI 48334 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/1/1998 Okeechobee Championship Golf, Inc. $ 6,138,369 227,347 (1) 1.80% 65-0115196 2100 Emerald Dunes Drive West Palm Beach, FL 33411 - ------------------------------------------------------------------------------------------------------------------------------------ (1) Includes 218,088 Class A Common Units issued with a valuation of $5,888,376 and 9,259 Class B Common OP Units issued with a valuation of $249,993 - ------------------------------------------------------------------------------------------------------------------------------------ 5/22/1998 Eagle Ridge Lease Company LLC $ 1,198,750 35,794 0.28% 52 ###-###-#### 16100 N. Greenway-Hayden Loop Scottsdale, AZ 85260 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 5/28/1998 Golf Classic Resorts, LLC $ 879,995 26,357 0.00% 85-0453484 536 South Avenue Glencoe, IL 60022 11/26/1999 Golf Classic Resorts (redemption) $ (199,633) (11,577) 12/31/1999 Golf Classic Resorts (redemption) $ (34,517) (2,060) 2/7/2000 Golf Classic Resorts (redemption) $ (221,408) (12,720) 2/7/2000 Residual Value $ (424,437) (Value at Issue - Value at Redemption) --------------------------------------- -- -- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 8/28/1998 Osage National Golf Club LLC $ 3,451,068 124,700 43-1735431 900 Hickory Street St. Louis, MO 63104 6/30/1999 Osage (Redemption) $ (1,393,382) (58,576) 6/20/2000 Osage (Redemption) $ (1,055,101) (66,124) 6/20/2000 Residual Value $ (1,002,585) (Value at Issue - Value at Redemption) -------------- ------- -- -- 0.00% - ------------------------------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 12/14/1998 Brentwood Golf & Country Club, Inc. $ 650,000 24,482 0.00% 38 ###-###-#### Faircourt, West Bloomfield, MI 48322 PO Box 386, Union Lake, MI 48387 6/20/2000 Brentwood (Redemption) $ (390,645) (24,482) 6/20/2000 Residual Value (Value at Issue - Value at Redemption) $ (259,355) -------------- ------- -- -- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 12/22/1998 Gutta-Percha Golf, Inc. $ 870,000 32,986 0.00% 95 ###-###-#### 365 W. California Blvd. Suite 2 Pasadena, CA 91105 9/5/2000 Palm Desert (Redemption) $ (460,785) (32,986) 9/5/2000 Residual Value $ (409,215) (Value at Issue - Value at Redemption) -------------- $ -- -- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/4/1997 GTA LP, Inc. $ -- 9,084,302 71.90% 58 ###-###-#### 14 North Adger's Wharf Charleston, SC 29401 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2/4/1997 GTA GP, Inc. $ -- 26,053 0.21% 58 ###-###-#### 14 North Adger's Wharf Charleston, SC 29401 - ------------------------------------------------------------------------------------------------------------------------------------ - -------------------------------------------------------------------------------------------------------------- Total Common OP Units 12,634,920 100.00% - --------------------------------------------------------------------------------------------------------------
Exhibit A SCHEDULE OF PARTNERS, ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Admitted Name and address of partners capital contribution units issued Interests Federal ID # - -------- ---------------------------- -------------------- ------------ ------------------ ------------ Series A Preferred OP Units - -------------------------------------------------------------------------------------------------------------- 4/2/1999 GTA LP, Inc. 20,000,000 800,000 100% 14 North Adger's Wharf Charleston, SC 29401 - -------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------- Series B Preferred OP Units - ------------------------------------------------------------------------------------------------------------------------------------ 5/11/1999 Metamora Golf Operating Company, 295,003 10,169 100% 38 ###-###-#### L.L.C. c/o Total Golf, Inc. 1303 W. Commerce Drive Milford, MI 48380 9/25/2000 Metamora (redemption) (295,003) (10,169) -------------- ------- -- -- - ------------------------------------------------------------------------------------------------------------------------------------ Series C Preferred OP Units - ------------------------------------------------------------------------------------------------------------------------------------ 7/28/1999 Burning Embers Corporation 1,350,000 48,949 100% 55-0720833 801Aaron Smith Drive Bridgeport, WV 26330 - ------------------------------------------------------------------------------------------------------------------------------------