Re: Holdback payment in May - URGENT (Canada - Waterloo & Oakville)

--000000000000a635ed0634b81a96 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable I did some more research and given the timing of when the 4K was incurred and length of time since acquisition, our options are limited so I recommend paying the entire holdback. On Tue, May 6, 2025 at 2:15=E2=80=AFPM Steve Koyanagi wrote: > Let me evaluate our best options given the relatively small amount and > I'll circle back ASAP. > > On Tue, May 6, 2025 at 1:57=E2=80=AFPM Laszlo Kovacs > wrote: > >> So do we pay the $118K less the $4K in dispute? >> >> >> >> *From:* Timothy Thomas >> *Sent:* Tuesday, May 6, 2025 3:53 PM >> *To:* Steve Koyanagi >> *Cc:* Laszlo Kovacs ; Nina Kani > nkani@thekey.com>; Paul Kahn ; Geraldine Nath > geraldine.nath@thekey.com>; Rebecca Ng ; Treasury >> Team >> *Subject:* Re: Holdback payment in May - URGENT (Canada - Waterloo & >> Oakville) >> >> >> >> Hi Steve, >> >> >> >> The only thing is that dispute with the Regus office in Oakville, which >> was a part of their acquisition. They're trying to collect rough $4k. >> >> >> >> On Tue, May 6, 2025 at 12:54=E2=80=AFPM Steve Koyanagi >> wrote: >> >> Good to pay on our end. For background, this is an indemnity holdback an= d >> the legal team is >> >> not aware of any legal claims against the Seller at this time that would >> allow us to not pay/pay less. >> >> >> >> @Timothy Thomas can you also confirm you're not aware of >> any outstanding legal issues against Seller? >> >> >> >> Thanks, all. >> >> >> >> On Tue, May 6, 2025 at 9:45=E2=80=AFAM Laszlo Kovacs >> wrote: >> >> Steve, >> >> >> >> Long thread below, but here=E2=80=99s the piece that clarifies what this= is >> after. Are we good from your end to pay this? Thanks, >> >> >> >> *Hello Gerri, Kate, * >> >> >> >> *I hope all is well with you. I had a bounce back on this email to Kirk >> Hayes. Can you please guide me on who should I connect regarding a payme= nt >> from The Key for 2024, as part of our holdback from 2022 acquisition of >> Home Care Assistance Waterloo and Home Care Assistance Oakville? The >> scheduled payments as per the Sale Purchase Agreement are in the month o= f >> May of 2023, 2024 and 2025.* >> >> >> >> *Thank you, kindly,* >> >> >> >> *Matt & Angie* >> >> *Direct: 647-992-0224* >> >> >> >> >> >> *From:* Madhu Vijayan >> *Sent:* Tuesday, May 6, 2025 9:51 AM >> *To:* Kate Goodrich ; Laszlo Kovacs > laszlo.kovacs@thekey.com>; geraldine.nath@thekey.com; Rebecca Ng > rebecca.ng@thekey.com>; Brian Fialko >> *Cc:* Anjana Kunnath ; Steve Koyanagi > skoyanagi@thekey.com>; Timothy Thomas ; Trent Dillard > trenton.dillard@thekey.com>; Paul Kahn >> *Subject:* Re: Holdback payment in May - URGENT (Canada - Waterloo & >> Oakville) >> >> >> >> Hello all, >> >> >> >> I trust this message finds you well. I would like to kindly remind you >> that the final payment for May 2025 is due next week. Please do not >> hesitate to reach out if you have any questions or require further >> clarifica