Contract analysis
Clause-by-clause risk read on any document of the firm. Pick a contract, or open any document from a matter.
Contract analysis / closing-checklist.xlsx
closing-checklist.xlsx
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Standard · 2
I-1 | Funds Flow | Funds Flow Memorandum | Details flow of funds on closing day (12/19/202
Standard
⚑ Commercial term
I-1 | Funds Flow | Funds Flow Memorandum | Details flow of funds on closing day (12/19/2023): $45.0M super-priority funding from Belvedere (less $1.1M OID = $43.9M net); $12.5M Ridgeline equity contribution; payment of TLB consent fees ($1,425,000); revolver consent fees ($87,500); transaction costs (C&H $2,850,000; WHC $1,400,000; TM $1,100,000; Hargrove $3,200,000; Meridian $900,000; D&O tail premium $475,000; fili
I-2 | Funds Flow | Wire Transfer Confirmations | Confirmation of all wire transfers execut
I-2 | Funds Flow | Wire Transfer Confirmations | Confirmation of all wire transfers executed on 12/19/2023 per the Funds Flow Memorandum. | Pinnacle National Bank, N.A. / Belvedere Credit Opportunities Fund LP | December 19, 2023 | Delivered | Copy | I-2
I-3 | Funds Flow | Payoff Letter — Revolving Credit Facility (Partial) | Payoff letter fro
Standard
⚑ Commercial term
I-3 | Funds Flow | Payoff Letter — Revolving Credit Facility (Partial) | Payoff letter from Pinnacle National Bank, N.A. confirming reduction of revolver commitments from $50.0M to $35.0M and outstanding balance adjustments. | Pinnacle National Bank, N.A. (Daniel Wexford) | December 19, 2023 | Delivered | Original | I-3 CATEGORY J: INSURANCE J-1 | Insurance | D&O Tail Policy — Confirmation / Binder | Northgate Specia