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Corrections Corporation of America and CCA Prison Realty Trust to ...
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CCA Prison Realty Trust Acquires Torrance CountyDentention ...
Oct 1, 1997 ... NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 1, 1997--CCA Prison Realty Trust (NYSE: PZN), a Maryland real estate investment trust, ...
www.allbusiness.com/crime-law...prisons/7010022-1.html - Cached -
totse.com | The CCA & Prison Realty Trust Story
totse.com - The CCA & Prison Realty Trust Story - Investors are angry that PZN lost its REIT status and the related dividend; they are filing class actions ...
www.zoklet.net/totse/en/politics/police/167380.html - Cached -
CCA Prison Realty Trust Acquires Northeast Ohio Correctional ...
Free Press Release: CCA Prison Realty Trust Acquires Northeast Ohio Correctional Center. from Business Wire. HighBeam Research - FREE trial.
www.highbeam.com › ... › July-September 1997 › Tuesday, July 29 - Cached -
Cca Prison Realty Trust, Nashville TN 37215 -- MerchantCircle.com
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CCA Prison Realty Trust - Trade Name Use Agreement
CCA Prison Realty Trust - Trade Name Use Agreement - Brand and Tradename License Agreements - for Business Professionals, Lawyers and Consultants.
www.techagreements.com/agreement-preview.aspx?...CCA%20Prison%20Realty%20Trust%20... - Cached -
Prison Realty Trust, Inc. - Stanford Securities Class Action ...
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Genesis Initiates Coverage of CCA Prison Realty Trust with Strong ...
Free Online Library: Genesis Initiates Coverage of CCA Prison Realty Trust with Strong Buy Analyst Sets a 12-Month Price Target of $50 by "PR Newswire"; ...
www.thefreelibrary.com/Genesis+Initiates+Coverage+of+CCA+Prison+Realty+Trust+with+Strong+Buy...-a020207496 - Cached -
CCA PRISON REALTY TRUST - EDGAR Online Pro
SC 13G, CCA PRISON REALTY TRUST (CAPITAL RESEARCH & MANAGEMENT CO), 02/11/99. SC 13G/A, CCA PRISON REALTY TRUST (ZWEIG DIMENNA PARTNERS L P), 02/10/99 ...
google.brand.edgar-online.com/default.aspx?companyid... - Cached -
Sample Contracts - Tennessee-Mason-West Tennessee Detention ...
| sample cca prison realty trust | deed of trust | voting trust agreement |
CCA Prison Realty Trust (NYSE: PZN),
| Corrections Corporation of America and CCA Prison Realty Trust to Merge In $4 Billion Transaction; Companies Acquire U.S. Corrections Corporation |
http://www2.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/04-20-1998/0000634740&EDATE=
http://www.techagreements.com/agreement-preview.aspx?num=203173&title=CCA%20Prison%20Realty%20Trust%20-%20Trade%20Name%20Use%20Agreement
Trade Name Use Agreement
| Effective Date: | 1997 |
| Parties: | CCA Prison Realty Trust |
| Sectors: | Real Estate |
| Governing Law: | Tennessee |
TRADE NAME USE AGREEMENT
THIS AGREEMENT (the "Agreement") dated this ______ day of _________, 1997, by and among Corrections Corporation of America ("Grantor"), a Delaware corporation, and CCA Prison Realty Trust ("Grantee"), a Maryland real estate investment trust.
W I T N E S S E T H:
WHEREAS, Grantor is the sole and exclusive owner of the corporate name Corrections Corporation of America and its abbreviation "CCA" (the Trade Name).
NOW, THEREFORE, in consideration of the premises and the mutual promises and undertakings herein contained, and for other good and valuable consideration, the parties agree as follows:
1. Grant of Trade Name by Grantor. Grantor grants to Grantee the non-exclusive, non-transferrable right to use the Trade Name in its corporate name as follows: CCA Prison Realty Trust, subject to the provisions of this Agreement.
2. Term. This Agreement shall commence on the date above written and terminate on the date which Grantee ceases to own any correctional or detention facility managed by Grantor (the "Term").
3. Termination. This Agreement may be terminated upon ten (10) days' written notice from Grantor to Grantee upon occurrence of any of the following events:
(a) A change in control of Grantee;
(b) Grantee goes into liquidation or bankruptcy or has a receiver or trustee appointed to administer either its property or affairs, or makes a general assignment of its property for the benefit of creditors or in any other manner takes advantage of the laws of bankruptcy or insolvency or the like.
4. Reservation of Rights. Except for the limited rights herein expressly granted to Grantee, all rights in the Trade Name are reserved to Grantor throughout the world for the sale and exclusive use or other disposition by Grantor at anytime, and from time to time, without any obligation to Grantee.
2
5. Maintenance of Quality Standards. Grantee agrees that the nature and quality of: all services rendered by Grantee hereunder; all goods sold by Grantee hereunder; and all related advertising, promotional, and other related uses of the Trade Name by Grantee shall conform to standards reasonably set by Grantor. Grantee agrees to cooperate with Grantor in facilitating Grantor's control of such nature and quality, and to supply Grantor with specimens of all uses of the Trade Name upon request.
6. Transfer Prohibited. The Trade Name granted hereunder shall not be assigned, sublicensed, or otherwise transferred without the prior written consent of Grantor. In the event of a prohibited transfer, Grantor shall have the right to terminate this Agreement forthwith by written notice to Grantee.
7. Rights Upon Termination. Upon the termination (by expiration or otherwise) of this Agreement, for any reason, all rights granted to Grantee hereunder shall automatically revert to Grantor for its use or disposition. Upon termination, Grantee shall promptly cease use of the Trade Name, and shall promptly deliver to Grantor all materials previously supplied by Grantor to Grantee and all copies thereof, in whole or in part. At Grantor's option, Grantor may, in lieu of return, require that Grantee destroy said materials and copies and provide to Grantor satisfactory evidence of destruction. Grantor shall not be liable to Grantee for damages of any kind on account of the termination or expiration of this Agreement. Without limiting the foregoing, upon termination or expiration of this Agreement for any reason, Grantor shall have no liability for reimbursement or for damages for loss of goodwill, or on account of any expenditures, investments, leases, or commitments made by Grantee. Grantee acknowledges and agrees that Grantee has no expectation and has received no assurances that its business relationship with Grantor will continue beyond the stated term of this Agreement or its earlier termination, that any investment by Grantee in the will be recovered or recouped, or that Grantee shall obtain any anticipated amount of profits by virtue of this Agreement.
8. No Franchise or Joint Venture. The parties expressly acknowledge that this Agreement shall not be deemed to create an agency, partnership, franchise, employment, or joint venture relationship between Grantor and Grantee. Nothing in this Agreement shall be construed as a grant of authority to Grantee to waive any right, incur any obligation or liability, enter into any agreement, grant any release or otherwise purport to act in the name of Grantor.
9. Indemnification.
9.1 The Grantee shall indemnify and hold harmless Grantor, its affiliates, directors, officers, employees, representatives, agents, successors and assigns from and against any and all losses, damages, costs and expenses, including attorney's fees, resulting from, arising out of Grantee's breach of the promises, covenants, representations and warranties made by it herein.
9.2 The Grantor shall indemnify and hold harmless Grantee, its affiliates, directors, officers, employees, representatives, agents, successors, and assigns from and against any and all losses, damages, costs and expenses, including attorney's fees, resulting from ...
THIS AGREEMENT (the "Agreement") dated this ______ day of _________, 1997, by and among Corrections Corporation of America ("Grantor"), a Delaware corporation, and CCA Prison Realty Trust ("Grantee"), a Maryland real estate investment trust.
W I T N E S S E T H:
WHEREAS, Grantor is the sole and exclusive owner of the corporate name Corrections Corporation of America and its abbreviation "CCA" (the Trade Name).
NOW, THEREFORE, in consideration of the premises and the mutual promises and undertakings herein contained, and for other good and valuable consideration, the parties agree as follows:
1. Grant of Trade Name by Grantor. Grantor grants to Grantee the non-exclusive, non-transferrable right to use the Trade Name in its corporate name as follows: CCA Prison Realty Trust, subject to the provisions of this Agreement.
2. Term. This Agreement shall commence on the date above written and terminate on the date which Grantee ceases to own any correctional or detention facility managed by Grantor (the "Term").
3. Termination. This Agreement may be terminated upon ten (10) days' written notice from Grantor to Grantee upon occurrence of any of the following events:
(a) A change in control of Grantee;
(b) Grantee goes into liquidation or bankruptcy or has a receiver or trustee appointed to administer either its property or affairs, or makes a general assignment of its property for the benefit of creditors or in any other manner takes advantage of the laws of bankruptcy or insolvency or the like.
4. Reservation of Rights. Except for the limited rights herein expressly granted to Grantee, all rights in the Trade Name are reserved to Grantor throughout the world for the sale and exclusive use or other disposition by Grantor at anytime, and from time to time, without any obligation to Grantee.
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5. Maintenance of Quality Standards. Grantee agrees that the nature and quality of: all services rendered by Grantee hereunder; all goods sold by Grantee hereunder; and all related advertising, promotional, and other related uses of the Trade Name by Grantee shall conform to standards reasonably set by Grantor. Grantee agrees to cooperate with Grantor in facilitating Grantor's control of such nature and quality, and to supply Grantor with specimens of all uses of the Trade Name upon request.
6. Transfer Prohibited. The Trade Name granted hereunder shall not be assigned, sublicensed, or otherwise transferred without the prior written consent of Grantor. In the event of a prohibited transfer, Grantor shall have the right to terminate this Agreement forthwith by written notice to Grantee.
7. Rights Upon Termination. Upon the termination (by expiration or otherwise) of this Agreement, for any reason, all rights granted to Grantee hereunder shall automatically revert to Grantor for its use or disposition. Upon termination, Grantee shall promptly cease use of the Trade Name, and shall promptly deliver to Grantor all materials previously supplied by Grantor to Grantee and all copies thereof, in whole or in part. At Grantor's option, Grantor may, in lieu of return, require that Grantee destroy said materials and copies and provide to Grantor satisfactory evidence of destruction. Grantor shall not be liable to Grantee for damages of any kind on account of the termination or expiration of this Agreement. Without limiting the foregoing, upon termination or expiration of this Agreement for any reason, Grantor shall have no liability for reimbursement or for damages for loss of goodwill, or on account of any expenditures, investments, leases, or commitments made by Grantee. Grantee acknowledges and agrees that Grantee has no expectation and has received no assurances that its business relationship with Grantor will continue beyond the stated term of this Agreement or its earlier termination, that any investment by Grantee in the will be recovered or recouped, or that Grantee shall obtain any anticipated amount of profits by virtue of this Agreement.
8. No Franchise or Joint Venture. The parties expressly acknowledge that this Agreement shall not be deemed to create an agency, partnership, franchise, employment, or joint venture relationship between Grantor and Grantee. Nothing in this Agreement shall be construed as a grant of authority to Grantee to waive any right, incur any obligation or liability, enter into any agreement, grant any release or otherwise purport to act in the name of Grantor.
9. Indemnification.
9.1 The Grantee shall indemnify and hold harmless Grantor, its affiliates, directors, officers, employees, representatives, agents, successors and assigns from and against any and all losses, damages, costs and expenses, including attorney's fees, resulting from, arising out of Grantee's breach of the promises, covenants, representations and warranties made by it herein.
9.2 The Grantor shall indemnify and hold harmless Grantee, its affiliates, directors, officers, employees, representatives, agents, successors, and assigns from and against any and all losses, damages, costs and expenses, including attorney's fees, resulting from ...
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http://securities.stanford.edu/1007/PZN99/
SECURITIES CLASS ACTION CLEARING HOUSE IN COOPERATION WITH CORNERSTONE RESEARCH
Prison Realty Trust, Inc.
Conclusion: According to a Business Wire article dated Feb. 13, 2001, Corrections Corp. of America, formerly Prison Realty Trust, Inc., announced that it received final court approval of the revised terms of the settlement of a series of class action and derivative lawsuits brought by current and former stockholders.
CCA will issue an aggregate of 46,900,000 shares of CCA's common stock and a subordinated promissory note in the aggregate principal amount of $29.0 million. Other than with respect to the issuance of the common stock and the promissory note by CCA, the original settlement agreements have not been altered by the terms of the revised settlement agreements, including the requirement that CCA pay approximately $47.5 million in cash insurance proceeds to the plaintiffs. The promissory note will be due January 2, 2009, and will accrue interest at a rate of 8.0% per annum. All principal and interest due under the note will be payable in one lump sum at maturity.
According to a Press Release dated June 10, 1999, the Complaint alleges that Prison Realty and certain of its officers and directors violated Sections 11, 12(a), and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5 promulgated thereunder, by engaging in a scheme to conceal material information from shareholders of Old CCA and CCA Prison Realty Trust in connection with the merger that created Prison Realty and spun-off a new, privately held CCA ("New CCA") on December 31, 1998. The false and misleading statements of the defendants also served, before and after the merger, to artificially inflate the price of the Company's securities and those of its predecessors throughout the Class Period. The Complaint further charges that -- in order to gain shareholder approval of the merger and spin-off -- the defendants concealed their intent to substantially increase the amount of fees that Prison Realty, the new public company, would pay to the privately held New CCA after the merger closed. The Complaint also charges that the defendants misrepresented New CCA's ability to pay fair market rents to Prison Realty after the merger. The individual defendants, in addition to being officers or directors of Prison Realty, are also officers of New CCA or own a substantial portion of its stock. On May 14, 1999, the Company disclosed that it had retroactively increased the fees that Prison Realty pays to New CCA by approximately $80 million per year. Additional details were contained in a Form 10-Q filed with the SEC on May 16, 1999, including that fact that Prison Relaty had increased the fees on May 4, 1999, but did not disclose that event until ten days later. The disclosures caused the price of Prison Realty to plunge from $19 3/4 on Friday May 14, 1999 to a closing price of $13 3/8 on May 18, 1999.
INDUSTRY CLASSIFICATION:
SIC Code: 6798
Sector: Services
Industry: Real Estate Operations
| COMPANY/ISSUER NAME: | Prison Realty Trust, Inc. |
| COMPANY/ISSUER TICKER: | PZN [DELISTED] |
| COMPANY WEBSITE: | http://www.prisonreit.com/ |
| FIRST IDENTIFIED COMPLAINT IN THE DATABASE | |||||||||||||||||
| Charles, et al. v. Prison Realty Trust, Inc., et al. | |||||||||||||||||
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| DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT | |||
| CIVIL DOCKET FOR CASE #: 99-CV-452 | |||
| Type: Docket | Date on the document: 07/06/1999 | ||
| REFERENCE COMPLAINT | |||||||||||||||||
| In re Prison Realty Inc. Securities Litigation | |||||||||||||||||
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| DOCUMENTS FOR THE REFERENCE COMPLAINT | |||
| Notice Of Pendency Of Class Actions, Proposed Settlement Thereof, Settlement Hearing And Right To Share In Settlement Fund | |||
| Type: Settlement | Date on the document: 10/16/2000 | ||
| U.S. District Court Civil Docket | |||
| Type: Docket | Date on the document: 06/11/2002 | ||
| OTHER DOCUMENTS | |||
| Class Action Complaint | |||
| Case Name and/or Number: Staufenberger, et al. v. Prison Realty Trust, et al. | |||
| Type: Complaint | Date on the document: 06/03/1999 | ||
| CIVIL DOCKET FOR CASE #: 99-CV-485 | |||
| Case Name and/or Number: Staufenberger, et al v. Prison Realty Trust, et al | |||
| Type: Docket | Date on the document: 07/06/1999 | ||
WARNING AND DISCLAIMER OF LIABILITY:
The information included on this Web site, whether provided by personnel employed by Stanford Law School or by third parties, is provided for research and teaching purposes only. Neither Stanford University, Stanford Law School, nor any of their employees, agents, contractors, or affiliates warrant the accuracy or completeness of the information or analyses displayed herein, and we caution all readers that inclusion of any information on this site does not constitute an endorsement of the truthfulness or accuracy of that information. In particular, this Web site contains complaints and other documents filed in federal and state courts, which make allegations that may or may not be accurate. No reader should, on the basis of information contained in or referenced by this Web site, assume that any of these allegations are truthful.
LEASE AGREEMENT (MASON) THIS LEASE AGREEMENT ("Lease") dated as of the 18th day of July, 1997, by and between CCA PRISON REALTY TRUST,
http://contracts.onecle.com/corrections/mason.lease.1997.07.18.shtml
LEASE AGREEMENT (MASON) THIS LEASE AGREEMENT ("Lease") dated as of the 18th day of July, 1997, by and between CCA PRISON REALTY TRUST, a Maryland real estate investment trust ("Landlord") and CORRECTIONS CORPORATION OF AMERICA, a Tennessee corporation ("Tenant"). RECITALS WHEREAS, Tenant (or one of Tenant's affiliates) has concurrently conveyed to Landlord the property described in Exhibit A hereto, and Landlord and Tenant desire that Landlord lease such property back to Tenant; and WHEREAS, Landlord and Tenant have entered into a Master Agreement to Lease of even date herewith (the "Master Agreement") which sets forth certain agreements of the parties with respect to the lease of various properties including the property that is the subject of this Lease; NOW, THEREFORE, in consideration of the premises and of their respective agreements and undertakings herein, Landlord and Tenant agree as follows: ARTICLE I PREMISES AND TERM 1.1 Leased Property. Landlord hereby leases to Tenant and Tenant leases from Landlord the Land located in the City of Mason, Tipton County, State of Tennessee, described in Exhibit A hereto, and all Improvements, Fixtures, and Personal Property thereon or thereto (each as defined in the Master Agreement, and, together with said Land, the "Leased Property"); such Leased Property collectively known and described at the date hereof as the West Tennessee Detention Facility; SUBJECT, HOWEVER, to the lien of the mortgage debt described in Exhibit B hereto, if any, and to all easements, liens, encumbrances, restrictions, agreements, and other title matters existing as of the date hereof and listed in Exhibit C hereto (collectively the "Permitted Exceptions"). 1.2 Term. The initial term (the "Fixed Term") of the Lease shall be for a fixed term of ten (10) years commencing on July 18, 1997 (the "Commencement Date") and expiring on July 17, 2007 (the "Expiration Date"). The Term of this Lease may be renewed on the mutual agreement of Landlord and Tenant as follows: (i) provided that Tenant gives Landlord notice on or before the date which is six (6) months prior to the Expiration Date, upon the mutual agreement of Landlord and Tenant, the Lease shall be renewed for one (1) additional five (5) year term (the "Extended Term") on the same terms and provisions (other than with respect to renewal) as the Fixed Term, as set forth in the Lease; (ii) provided that Tenant gives Landlord notice on or before the date which is six (6) months prior to the expiration of the Extended Term, upon the mutual agreement of Landlord and Tenant, the Lease shall be renewed for one (1) additional five (5) year term (the "Second Extended Term") on the same terms and provisions (other than with respect to renewal) as the Fixed Term, as <PAGE> 2 set forth in the Lease; and (iii) provided that Tenant gives Landlord notice on or before the date which is six (6) months prior to the expiration of the Second Extended Term, upon the mutual agreement of Landlord and Tenant, the Lease shall be renewed for one (1) additional five (5) year term (the "Third Extended Term") on the same terms and provisions (other than with respect to renewal) as the Fixed Term, as set forth in the Lease. Tenant's right to so extend the Term of the Lease is conditioned on Landlord's prior approval of the Extended Term, Second Extended Term, or Third Extended Term, as the case may be. The term "Term" used in this Agreement means the Fixed Term, Extended Term, Second Extended Term and Third Extended Term, as appropriate. The term "Lease Year" means each twelve (12) month period during the Term commencing on January 1 and ending on December 31, except the first Lease Year of each Lease shall be the period from the Commencement Date through the following December 31, and the last Lease Year shall end on the date of termination of the Lease if a day other than December 31. Landlord may terminate this Lease prior to the expiration of the Term hereof, at any time following the date which is five (5) years from the date hereof, upon written notice to Tenant not less than eighteen (18) months prior to the effective date of such termination. ARTICLE II RENT 2.1 Base Rent. Tenant shall pay Landlord Base Rent for the Term in advance in consecutive monthly installments payable on the first day of each month during the Term, the Extended Term, Second Extended Term and the Third Extended Term, commencing on the Commencement Date, in accordance with the Base Rent Schedule attached hereto as Exhibit D. If the Commencement Date or the Expiration Date shall be other than on the first day of a calendar month, the initial (or final, as appropriate) monthly installment of Base Rent payable pursuant to the Lease shall be prorated for the number of days until, in the case of this initial monthly installment, the first day of the calendar month following the Commencement Date and, in the case of the final monthly installment, the Expiration Date. 2.2 Additional Rent. The Base Rent shall be subject to such increases over the Term as determined pursuant to Section 2.02 of the Master Agreement. 2.3 Other Additional Rent. Tenant shall also pay all Other Additional Rent with respect to the Leased Property, as set forth in the Master Agreement. ARTICLE III OTHER TERMS AND CONDITIONS 3.1 Master Agreement Incorporated Herein. All provisions of the Master Agreement (except any provisions expressly therein not to be a part of an individual lease of leased property) are hereby incorporated in and are a part of this Lease of the Leased Property. 2 <PAGE> 3 3.2 Recordation. At the request of Landlord or Tenant, a short form memorandum of this Lease may be recorded in the real estate records of any county which Landlord or Tenant deems appropriate in order to provide legal notice of the existence hereof. IN WITNESS WHEREOF, the Landlord and the Tenant have executed this Lease or caused the same to be executed by their respective duly authorized officers as of the date first set forth above. CCA PRISON REALTY TRUST By: /s/ Michael W. Devlin ------------------------------- Title: Chief Development Officer ---------------------------- CORRECTIONS CORPORATION OF AMERICA By: /s/ Doctor R. Crants ------------------------------- Title: Chief Executive Officer ---------------------------- 3 <PAGE> 4 EXHIBIT A Legal Description of Leased Property Beginning at a 1/2 inch rebar found the right-of-way line of Finde Naifeh Jr. Drive (Mason Gainsville Road - 60 ft. R.O.W.) a distance of 1612.95 feet (C=1615.56 ft.) Southwestwardly, as measured along said southerly right-of-way line from its intersection with the westerly right-of-way line of U. S. Highway #70, said point being the northwesterly corner of the William Liles Tract (DB.568, PG. 42); thence South 03 degrees 45 minutes 00 seconds East along the westerly line of said Liles Tract and the Cecil Bright Tract (DB. 701, PG. 664) a distance of 1601.22 feet to point; thence South 80 degrees 00 minutes 00 seconds West a distance of 53.65 feet to a point; thence South 81 degrees 00 minutes 00 seconds West a distance of 105.60 feet to a point; thence South 86 degrees 00 minutes 00 seconds West a distance of 110.20 feet to a point; thence South 00 degrees 15 minutes 00 seconds East a distance of 39.60 feet to a point; thence South 68 degrees 00 minutes 00 seconds West a distance of 112.20 feet to a point; thence South 01 degrees 15 minutes 00 seconds East a distance of 138.00 feet to a point; thence South 25 degrees 00 minutes 00 seconds East a distance of 141.90 feet to a point; thence South 50 degrees 15 minutes 00 seconds West a distance of 135.30 feet to a point; thence North 62 degrees 45 minutes 00 seconds West a distance of 110.20 feet to a point; thence South 73 degrees 45 minutes 00 seconds West a distance of 117.50 feet to a point; thence South 86 degrees 45 minutes 00 seconds West, a distance of 67.30 feet to a point; thence South 73 degrees 00 minutes 00 seconds West a distance of 130.70 feet to a point; thence South 10 degrees 45 minutes 00 seconds West a distance of 240.90 feet to a point; thence South 43 degrees 45 minutes 00 seconds West a distance of 104.90 feet to a point; thence North 03 degrees 45 minutes 00 seconds West along the easterly line of the Robert Marshall Tract (DB. 235, PG. 85) a distance of 2369.40 feet to a 1/2 inch rebar set in the southerly right-of-way line of said Finde Naifeh Jr. Drive; thence North 87 degrees 45 minutes 00 seconds East along said southerly right-of-way line a distance of 983.40 feet to the point of beginning, containing 43.186 acres or 1881168.086 square feet, more or less, described according to the ALTA Boundary Survey, dated April 16, 1997, as revised June 19, 1997, prepared by John Wesley Ashworth, III, Tennessee No. 1344, Ashworth-Vaughan, Inc., 195 Center Street, Collierville, Tennessee 38017, Job Number 3989.00 Being the same property conveyed to Corrections Partners, Inc., a Delaware corporation, by deed from Corrections Corporation of America, a Tennessee corporation, of record in Record Book _____, page _____, Register's Office for Tipton County, Tennessee. West Tennessee Detention Facility Mason, Tipton County, Tennessee <PAGE> 5 EXHIBIT B Mortgage Debt Property: West Tennessee Detention Facility This property is subject to the following Mortgage Debt: That certain deed of trust of First Union National Bank of Tennessee, as Administrative Agent, dated July 18, 1997. <PAGE> 6 EXHIBIT C Permitted Exceptions Property: West Tennessee Detention Facility 1. 1997 Taxes, a lien, which are not yet due and payable. 2. Easement(s) in favor of Memphis CATV, Inc. (Cablevision), as set forth in instrument recorded in Record Book 666, page 666, Register's Office for Tipton County, Tennessee. 3. Easement(s) for the flow of Beaver Creek Canal. 4. All matters shown on ALTA Boundary Survey, dated April 16, 1997, as revised June 19, 1997, prepared by John Wesley Ashworth, III, Tennessee No. 1344, Ashworth-Vaughan, Inc., 195 Center Street, Collierville, Tennessee 38017, Job Number 3989.00. <PAGE> 7 EXHIBIT D Base Rent Schedule Property: West Tennessee Detention Facility Tenant will pay to Landlord annual Base Rent of $3,696,000, payable in equal monthly installments of $308,000.00. Base Rent for the Extended Term, Second Extended Term and Third Extended Term shall be equal to the fair market rental value of the Leased Property as of the respective commencement dates thereof.
Corrections Corporation of America Mergers and Acquisitions ...
www.alacrastore.com/.../Corrections_Corporation_of_America-1004338 - Cached
http://www.alacrastore.com/mergers-acquisitions/Corrections_Corporation_of_America-1004338
Corrections Corporation of America Mergers and Acquisitions
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Corrections Corporation of America
http://www.corp.delaware.gov/onlinestatus.shtml
CCA
