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 / annotated-term-sheet-sc-comments.docx
annotated-term-sheet-sc-comments.docx
High · 1
Medium · 0
Standard · 0
1. Nexford Precision Components, Inc. — Delaware corporation
1. Nexford Precision Components, Inc. — Delaware corporation
2. Nexford Engineered Systems, LLC — Delaware limited liability company
2. Nexford Engineered Systems, LLC — Delaware limited liability company
3. Nexford Coatings & Surface Technologies, Inc. — Delaware corporation
3. Nexford Coatings & Surface Technologies, Inc. — Delaware corporation
4. Nexford Manufacturing Services, LLC — Illinois limited liability company
4. Nexford Manufacturing Services, LLC — Illinois limited liability company
5. Nexford Properties, LLC — Delaware limited liability company
5. Nexford Properties, LLC — Delaware limited liability company
6. Nexford International Holdings, Inc. — Delaware corporation (CFC holding company)
6. Nexford International Holdings, Inc. — Delaware corporation (CFC holding company)
7. Clearfield Tool & Die, Inc. — Pennsylvania corporation
7. Clearfield Tool & Die, Inc. — Pennsylvania corporation
8. Summit Industrial Fabrication Co. — South Carolina corporation
8. Summit Industrial Fabrication Co. — South Carolina corporation
9. Ridgepoint Specialty Coatings, LLC — Texas limited liability company
9. Ridgepoint Specialty Coatings, LLC — Texas limited liability company
10. Lakeshore Precision Engineering, Inc. — Michigan corporation
High
⚑ Uncapped liability exposure
10. Lakeshore Precision Engineering, Inc. — Michigan corporation Note: The above list reflects the eleven (11) existing domestic subsidiaries of the Borrower as of the date of this term sheet. One entity in the list, Nexford International Holdings, Inc., is organized as a Delaware corporation but serves as the holding company for the Borrower's Canadian operations and is therefore treated as a controlled foreign corp