Event Details
July 01, 2006
Description
Commencement of $20 million annual Fixed Overhead Payment from KUE to KULG.
Participants (2)
| Name | Type | Mentions | |
|---|---|---|---|
| KULG | organization | 27 | View Entity |
| KUE | organization | 219 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_024556.jpg
This document is a page from a legal agreement (likely an offering memorandum) detailing financial structures for an entity named KUE (likely Knowledge Universe Education). It outlines a $20 million annual fixed overhead payment to KULG starting July 1, 2006, and defines a 7-year 'Illiquidity Period' after which the company must pursue a sale or public listing. It also establishes governance rules for 'Principals' wishing to bid on the company during a sale process, ensuring oversight by an Independent Committee.
Related Events
Events with shared participants
Start date for quarterly installment payments from KUE to KULG.
2006-07-01 • N/A
Expected completion of the Offering Period
2007-03-31 • N/A
Offering of Units / Investment Opportunity
Date unknown • Not specified
Completion of this offering
Date unknown • Not specified
Potential capital raise through sale of equity or debt securities.
Date unknown • N/A
Commencement of quarterly installments for the $20 million Fixed Overhead Payment.
2006-07-01 • N/A
Initial Listing or Sale of KUE
Date unknown • N/A
Offering of Units
Date unknown • Not specified
Offering of Securities/Units
Date unknown • International (Non-U.S.)
Sale of $1 billion in Units in KUE offering
2006-04-01 • Unknown
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein event