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APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in th
g period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC
on pay from narrows. we doont have to decide until title tranfers. On Mon, May 11, 2015 at 10:32 AM, Heather Gray < > wrote: It's true that under the Bank of America loan/pledge documents, we are required to notify the bank if Narrows transfers/sells/assigns any of the art that it owns, so we would be required to
to pay the first installment of $23 million on the Picasso this Thursday, May 14th. As you know, the contract is structured with the buyer as either Narrows Holdings LLC or AP Narrows LP (the new art partnership), with those entities having the right to assign the work to any of Leon, Debra, the kids or trusts for a
y E. <[email protected]> CC: Brad Wechsler Subject: RE: buyer of Picasso - question Date: Mon, 11 May 2015 14:32:37 +0000 It's true that under the Bank of America loan/pledge documents, we are required to notify the bank if Narrows transfers/sells/assigns any of the art that it owns, so we would be required to
to pay the first installment of $23 million on the Picasso this Thursday, May 14th. As you know, the contract is structured with the buyer as either Narrows Holdings LLC or AP Narrows LP (the new art partnership), with those entities having the right to assign the work to any of Leon, Debra, the kids or trusts for a
To: Jeffrey Epstein ([email protected]) Subject: Veronese Hi Jeffrey, As I thought, Narrows Holdings LLC did not use any o= the money from the Bank of America line to pay for the Veronese (purchase=price GBP 15.4 million/$23,492,700 was paid on 9/24/15). The Bank of America line was increased to $565,000,
eather Gray Sent: Wednesday, December 9, 2015 8:01 PM To: Jeffrey Epstein ([email protected]) Subject: Veronese Hi Jeffrey, As I thought, Narrows Holdings LLC did not use any o= the money from the Bank of America line to pay for the Veronese (purchase=price GBP 15.4 million/$23,492,700 was paid on 9/24/15)
efeller Plaza New York, New York 10112 Attention: David A. Mandel, Esq. "BOFtROWER": Leon D. Black I. Guaranty. FOR VALUE RECEIVED, and to induce Bank of America, N.A. (the "Bank") to make the loans or advances contemplated by the Note (as hereinafter defined), the undersigned ("Guarantor") hereby irrevocably
uaranty Between BANK: and GUARANTOR: Bank of America, N.A. Banking Center: 101 South Tryon Street, 6th Floor Charlotte, North Carolina 28255 Narrows Holdings LLC do Rubin, Baum, Levin, Constant & Friedman 30 Rockefeller Plaza New York, New York 10112 Attention: David A. Mandel, Esq. "BOFtROWER": Leon D.
ng, there a=e four works of art listed as collateral on the 2014 Amendment to Amended =nd Restated Pledge Agreement between Narrows Holdings LLC and Bank of Amer=ca that were not listed as collateral on the 2013 amendment to the pledge agreeme=t (or on the 2012 amendment). The works are not new acquisitions,
in the meeting this morning, there a=e four works of art listed as collateral on the 2014 Amendment to Amended =nd Restated Pledge Agreement between Narrows Holdings LLC and Bank of Amer=ca that were not listed as collateral on the 2013 amendment to the pledge agreeme=t (or on the 2012 amendment). The works are not n
Entities connected to both Bank of America and Narrows Holdings LLC

Jeffrey Epstein
PERSONLeon Black
PERSON
Marc Rich
PERSON
Richard Kahn
PERSONHeather Gray
PERSON
Alan Dershowitz
PERSONHeather deManbey
PERSONElysium Management LLC
ORGANIZATION
Donald Trump
PERSONAP Narrows LP
ORGANIZATION
Narrows
ORGANIZATION
Pablo Picasso
PERSON
Brad Wechsler
PERSON
Michael Cohen
PERSON
Barry Diller
PERSONthe State of New York
LOCATIONDebra
PERSON
Joe Biden
PERSON
Larry Gagosian
PERSONEileen Alexanderson
PERSON