- 50 - As of December 31, 1988, PKVI LP had the following loan agreements outstanding: Outstanding Interest Principal Balance Lender Maturity Date Rate as of 12/31/88 Daley Corp. July 1, 1989 -- $3,416 First Fidelity Jan. 18, 1989 11.50% 75,000 First Fidelity Jan. 18, 1989 12.00 50,000 Liberty Life Dec. 1, 1998 10.50 612,365 Liberty Life Apr. 1, 2001 10.70 800,000 Liberty Life Aug. 20, 2001 11.35 400,000 MGFP Mar. 31, 1990 10.00 328,500 As of that date, the outstanding principal balances of the transfers associated with these agreements totaled $2,269,281. Of this $2,269,281, $193,060 was listed as a current liability on the Statement of Financial Condition included in PKVI LP’s audited financial statements for the year ended December 31, 1988, and as “Mortgages, notes, and bonds payable in less than 1 year” on the Schedule L attached to PKVI LP’s Form 1065 for 1988. The balance of this amount was listed as a long-term liability on the Statement of Financial Condition included in PKVI LP’s audited financial statements for the year ended December 31, 1988, and as “Mortgages, notes, and bonds payable in 1 year or more” on the Schedule L attached to PKVI LP’s Form 1065 for 1988. As of December 31, 1989, PKVI LP had the following loan agreements outstanding:Page: Previous 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 Next
Last modified: May 25, 2011