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Contract analysis / email-fairchild-to-devereaux-pinnacle-delay.eml
email-fairchild-to-devereaux-pinnacle-delay.eml
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1. If you are in agreement with the approach described above, we will circulate a draft Se
1. If you are in agreement with the approach described above, we will circulate a draft Second Amendment to Blackridge Hayes on Monday, May 27, for execution by both parties before the current May 31 closing date.
2. We will continue to press Whitfield & Archer and Pinnacle directly for expedited proces
2. We will continue to press Whitfield & Archer and Pinnacle directly for expedited processing of the consent.
3. Grace will coordinate with the closing team and Kenneth Stanhope at Commonwealth Nation
3. Grace will coordinate with the closing team and Kenneth Stanhope at Commonwealth National Title to adjust the closing agenda and funds flow for a June target.
4. I would ask that you confirm Fairwater's authorization to proceed with the amendment ap
4. I would ask that you confirm Fairwater's authorization to proceed with the amendment approach and flag any concerns from the business side.
5. I will keep you, David, and Camille updated daily until the Pinnacle consent is receive
5. I will keep you, David, and Camille updated daily until the Pinnacle consent is received. Marcus, I am confident this will resolve in the near term. The transaction fundamentals are strong, Fairwater's credit profile is not in question, and every other workstream is in order. This is simply a matter of navigating Pinnacle's internal process to the finish line. I am available by phone over the weekend if you would