FR EA
1006-00008 · Crestline Packaging Solutions LLC · Closing
pre-closing-conditions-tracker.xlsx DOCUMENT M&A / Corporate
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Contract analysis Extract to table

[sheet: Summary Dashboard]

Category

DEAL SUMMARY

Purchase Price$140,000,000~8.7x TTM Adjusted EBITDA of $16,100,000
APA Execution Target2025-06-16Triggers 10-business-day regulatory filing clock
Estimated Closing2025-08-15Closing cash consideration $119,000,000
LOI Exclusivity Expiration2025-06-30Must execute APA before this date
Matter No.1006-00008Calderwood & Harkness LLP
Maintained ByDerek Okonkwo & Tiffany RosenthalCalderwood & Harkness LLP
BuyerCrestline Packaging Solutions LLCSponsor: Pinnacle River Capital Partners, LP
SellerLakewood Regional Health Partners, LLCDr. Raymond Alcott (60%) / Dr. Nadia Petrosian (40%)
Debt Financing$84,000,000Ironclad National Bank — Incremental Term Loan
Equity Commitment$56,000,000Pinnacle River Capital Partners, LP

CONDITION PRECEDENT STATUS

Regulatory Filings & Approvals22061600%2025-08-15NY DOH and PA DOH filings due 6/26/2025 (10 bus. days post-APA execution)
Third-Party Consents18031500%2025-08-15Includes landlord, payor, vendor consents
Financing Conditions804400%2025-08-15Ironclad $84M term loan + Pinnacle River $56M equity
Insurance (R&W, Tail Policies)502300%2025-08-15Keystone Mutual R&W policy, Ridgeline Specialty tails
Escrow Agreements301200%2025-08-15Apex Title & Escrow Services as agent
Closing Certificates & Opinions14001400%2025-08-15Legal opinions, officer certificates, good standing
Ancillary Agreements802600%2025-08-15Non-competes, consulting agreements, transition docs
TOTAL780186000%2025-08-15

[sheet: Regulatory Filings]

Item #Condition CategoryFiling / Approval DescriptionFacility NameStateLicense / Cert NumberCMS Certification NumberFiling Agency / BodyFiling DeadlineDate FiledResponsible PartyOutside Counsel / AdvisorStatusEstimated Approval DateApproval Received DateBlocking Closing? (Y/N)Risk LevelNotes
RF-01NY DOH CHOWArticle 28 Change of Ownership Application — Rochester MainRochester MainNYD&TC-482133-7021New York State Department of Health2025-06-26Catherine Greer / WAG (seller side); Anne-Marie Marchand / Marchand (buyer regulatory)Calderwood & Harkness LLP / Whitfield, Ames & Greer LLP / Marchand Healthcare Regulatory Advisors, LLCNot Started — Pending APA Execution2025-08-01YMediumAPA target execution 6/16/2025; filing due within 10 business days (6/26/2025); principal office co-located at 450 East Ridge Road, Rochester, NY 14621
RF-02NY DOH CHOWArticle 28 Change of Ownership Application — BrightonBrightonNYD&TC-482233-7022New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-03NY DOH CHOWArticle 28 Change of Ownership Application — HenriettaHenriettaNYD&TC-482333-7023New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-04NY DOH CHOWArticle 28 Change of Ownership Application — SyracuseSyracuseNYD&TC-482433-7024New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YHighOIG inquiry re: Syracuse facility CPT 99214 upcoding — estimated exposure $350K–$900K; disclose in filing as appropriate
RF-05NY DOH CHOWArticle 28 Change of Ownership Application — UticaUticaNYD&TC-482533-7025New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-06NY DOH CHOWArticle 28 Change of Ownership Application — BinghamtonhamtonBinghamtonhamtonNYD&TC-482633-7026New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-07NY DOH CHOWArticle 28 Change of Ownership Application — IthacaIthacaNYD&TC-482733-7027New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-08NY DOH CHOWArticle 28 Change of Ownership Application — AlbanyAlbanyNYD&TC-482833-7028New York State Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-09PA DOH License TransferOutpatient Clinic License Transfer — ScrantonScrantonPAOPC-2014089239-6011Pennsylvania Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-10PA DOH License TransferOutpatient Clinic License Transfer — Wilkes-BarreWilkes-BarrePAOPC-2014089339-6012Pennsylvania Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-11PA DOH License TransferOutpatient Clinic License Transfer — TowandaTowandaPAOPC-2014089439-6013Pennsylvania Department of Health2025-06-26Catherine Greer / WAG; Anne-Marie MarchandC&H / WAG / MarchandNot Started — Pending APA Execution2025-08-01YMedium
RF-12CMS CHOW / Provider EnrollmentCMS-855A CHOW — Rochester MainRochester MainNY33-7021CMS via Keystone MAC Services, LLC (Camp Hill, PA)Post-APA executionAnne-Marie Marchand / MarchandC&H / MarchandNot Started2025-08-10YMediumKeystone MAC is the Medicare Administrative Contractor
RF-13CMS CHOW / Provider EnrollmentCMS-855A CHOW — BrightonBrightonNY33-7022CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-14CMS CHOW / Provider EnrollmentCMS-855A CHOW — HenriettaHenriettaNY33-7023CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-15CMS CHOW / Provider EnrollmentCMS-855A CHOW — SyracuseSyracuseNY33-7024CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YHighCoordinate with OIG inquiry status
RF-16CMS CHOW / Provider EnrollmentCMS-855A CHOW — UticaUticaNY33-7025CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-17CMS CHOW / Provider EnrollmentCMS-855A CHOW — BinghamtonhamtonBinghamtonhamtonNY33-7026CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-18CMS CHOW / Provider EnrollmentCMS-855A CHOW — IthacaIthacaNY33-7027CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-19CMS CHOW / Provider EnrollmentCMS-855A CHOW — AlbanyAlbanyNY33-7028CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-20CMS CHOW / Provider EnrollmentCMS-855A CHOW — ScrantonScrantonPA39-6011CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-21CMS CHOW / Provider EnrollmentCMS-855A CHOW — Wilkes-BarreWilkes-BarrePA39-6012CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium
RF-22CMS CHOW / Provider EnrollmentCMS-855A CHOW — TowandaTowandaPA39-6013CMS via Keystone MAC Services, LLCPost-APA executionAnne-Marie MarchandC&H / MarchandNot Started2025-08-10YMedium

[sheet: Third-Party Consents]

Item #Consent CategoryDescriptionCounterparty NameContract / Lease ReferenceAnnual Value / SignificanceConsent Request Sent DateResponsible Party — Buyer SideResponsible Party — Seller SideStatusConsent Received DateConditions / Comments on ConsentBlocking Closing? (Y/N)Risk LevelNotes
TC-01Landlord ConsentLandlord consent & estoppel — Lease 1 of 9Landlord (Lease 1)Leased Property 1Part of $2,740,000 aggregate annual base rent across 9 leasesDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium9 total leased properties; aggregate annual base rent $2,740,000
TC-02Landlord ConsentLandlord consent & estoppel — Lease 2 of 9Landlord (Lease 2)Leased Property 2Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-03Landlord ConsentLandlord consent & estoppel — Lease 3 of 9Landlord (Lease 3)Leased Property 3Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-04Landlord ConsentLandlord consent & estoppel — Lease 4 of 9Landlord (Lease 4)Leased Property 4Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-05Landlord ConsentLandlord consent & estoppel — Lease 5 of 9Landlord (Lease 5)Leased Property 5Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-06Landlord ConsentLandlord consent & estoppel — Lease 6 of 9Landlord (Lease 6)Leased Property 6Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-07Landlord ConsentLandlord consent & estoppel — Lease 7 of 9Landlord (Lease 7)Leased Property 7Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-08Landlord ConsentLandlord consent & estoppel — Lease 8 of 9Landlord (Lease 8)Leased Property 8Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-09Landlord ConsentLandlord consent & estoppel — Lease 9 of 9Landlord (Lease 9)Leased Property 9Part of $2,740,000 aggregateDerek Okonkwo / C&HTomás Delgado / WAGNot StartedYMedium
TC-10Payor Contract AssignmentAssignment/novation of Meridian Shield managed care agreementMeridian Shield Health Plans, Inc.Managed Care Agreement$17,248,000/yr (~22% of Lakewood TTM net revenue of $78,400,000)Derek Okonkwo / C&HGretchen Unger / LRHP; Tomás Delgado / WAGNot StartedLargest single payor; revenue concentration riskYHighCritical consent — largest managed care payor
TC-11Payor Contract AssignmentAssignment/novation of other managed care payor agreements (bundled — remaining payors)Various Managed Care PayorsVariousRemainder of $78,400,000 TTM revenueDerek Okonkwo / C&HGretchen Unger / LRHP; Tomás Delgado / WAGNot StartedYMediumMultiple consents; track individually as identified
TC-12Vendor ConsentConsent to assignment — EHR License AgreementClearpath Health Systems, Inc.License Agreement No. CP-ENT-2022-0487$840,000 annual license fee; term expires 12/31/2027Tiffany Rosenthal / C&HTomás Delgado / WAGNot StartedCritical operating system — all 11 clinics on Clearpath EHR platformYHighMust confirm assignment permitted or negotiate new agreement; license expiration 12/31/2027
TC-13Vendor ConsentConsent to assignment — Imaging Equipment Lease (Rochester Main MRI)Marlowe Asset Management Medical Equipment Finance, LLCSchedule VML-2023-1140Part of $2,870,000 aggregate lease balanceTiffany Rosenthal / C&HTomás Delgado / WAGNot StartedLease expiration Mar 2026 – Nov 2027 rangeYMedium
TC-14Vendor ConsentConsent to assignment — Imaging Equipment Lease (Syracuse CT)Marlowe Asset Management Medical Equipment Finance, LLCSchedule VML-2023-1141Part of $2,870,000 aggregate lease balanceTiffany Rosenthal / C&HTomás Delgado / WAGNot StartedLease expiration Mar 2026 – Nov 2027 rangeYMedium
TC-15Vendor ConsentConsent to assignment — Imaging Equipment Lease (Albany Ultrasound)Marlowe Asset Management Medical Equipment Finance, LLCSchedule VML-2024-0219Part of $2,870,000 aggregate lease balanceTiffany Rosenthal / C&HTomás Delgado / WAGNot StartedLease expiration Mar 2026 – Nov 2027 rangeYMedium
TC-16Vendor ConsentConsent to assignment / continuation — Reference Lab Services AgreementRedstone Diagnostics, Inc.Lab Services Agreement$1,600,000 annual spendTiffany Rosenthal / C&HTomás Delgado / WAGNot StartedNLowConfirm whether consent is required or contract transfers by operation of APA
TC-17Employee Benefit / PlanConsent / notification re: 401(k) plan transitionGrandview Retirement Services, Inc.401(k) Plan Administration Agreement~410 FTEsTiffany Rosenthal / C&H; Gregory Faulkner / StonebridgeGretchen Unger / LRHPNot StartedCrestline buyer's 401(k) administrator is Grandview; coordinate plan merger or new plan enrollmentNMediumStonebridge Actuarial & Benefits Consulting advising on benefits integration
TC-18EnvironmentalConfirmation / reliance letter — Phase I ESA for owned propertiesClearfield Environmental Consultants, Inc.Phase I ESA ReportsOwned properties appraised at $11,800,000 (Rochester Main $6,900,000 + Syracuse $4,900,000)Tiffany Rosenthal / C&HTomás Delgado / WAGNot StartedNeed reliance letter addressed to Buyer and LenderNLowClearfield is environmental consultant; reports needed for Ironclad financing condition

[sheet: Financing Conditions]

Item #Condition CategoryDescriptionResponsible PartyCounterparty / LenderAmountKey TermsDate InitiatedTarget CompletionStatusDate SatisfiedBlocking Closing? (Y/N)Risk LevelNotes
FC-01Incremental Term LoanExecution of Incremental Term Loan Amendment to Credit Agreement dated September 17, 2021Patricia Hsu / CPS CFO; James Prentice / C&HIronclad National Bank (Kenneth Boateng, SVP Healthcare & Specialty Lending)$84,000,000Term SOFR + 425 bps; SOFR floor 0.50%; 1.0% annual amortization ($210,000/quarter); maturity 9/17/2027 (co-terminus with existing facility)2025-08-15In Progress — Term Sheet Under ReviewYMediumExisting Credit Agreement dated 9/17/2021; existing $50M revolver undrawn as of 5/1/2025; Ironclad HQ: 301 South Tryon Street, Charlotte, NC 28202
FC-02Incremental Term LoanDelivery of Buyer's compliance certificate confirming no default under existing Credit AgreementPatricia Hsu / CPS CFOIronclad National BankCondition to funding2025-08-15Not StartedYLow
FC-03Incremental Term LoanDelivery of executed APA and all ancillary transaction documents to LenderDerek Okonkwo / C&HIronclad National BankCondition to funding2025-08-15Not Started — Pending APA execution 6/16/2025YMedium
FC-04Incremental Term LoanDelivery of satisfactory lien search results and UCC filingsTiffany Rosenthal / C&HIronclad National BankCondition to funding2025-08-15Not StartedYLow
FC-05Incremental Term LoanReceipt of all required regulatory approvals (NY DOH, PA DOH, CMS)Anne-Marie Marchand / MarchandIronclad National BankCondition to funding — cross-reference Regulatory Filings sheet2025-08-15Not StartedYHighFinancing conditioned on receipt of all healthcare regulatory approvals
FC-06Incremental Term LoanFinancing fee paymentPatricia Hsu / CPS CFOIronclad National Bank$1,260,0001.5% × $84,000,0002025-08-15Not Started — Due at closingYLowPart of total estimated transaction expenses of $10,438,000
FC-07Equity CommitmentPinnacle River Capital Partners, LP equity funding commitmentElliot Bergstrom / Pinnacle River (Managing Partner); Jordan Samuels (VP, Deal Lead)Pinnacle River Capital Partners, LP (via Pinnacle River GP IV, LLC as GP)$56,000,000$35,000,000 closing cash + $21,000,000 expenses/reserves; Pinnacle River Fund IV committed capital $2,600,000,0002025-08-15In Progress — Commitment Letter ExecutedYLowPinnacle River acquired Crestline 9/17/2021 for ~$310,000,000; Crestline TEV ~$780,000,000; CPS Holdings, Inc. (EIN 83-2940187) is parent C-Corp
FC-08Equity CommitmentDelivery of Pinnacle River equity funding certificate and wire instructionsJordan Samuels / Pinnacle RiverCrestline Packaging Solutions LLC (Marcus Waverly, CEO)$56,000,000Due at closing2025-08-15Not StartedYLowPinnacle River HQ: 200 South Wacker Drive, Suite 3100, Chicago, IL 60606

[sheet: Insurance & Escrow]

Item #Condition CategoryDescriptionProvider / AgentPolicy Limit / AmountPremium / CostKey TermsResponsible PartyBrokerStatusDate Bound / ExecutedBlocking Closing? (Y/N)Risk LevelNotes
IE-01R&W InsuranceBinding of Representations & Warranties Insurance PolicyKeystone Mutual Assurance Company (Sarah Ng, Underwriting Lead)$35,000,000$980,000Policy limit 25% × $140M purchase price = $35,000,000; Retention $2,100,000 (1.5% × $140M); Premium ~2.8% × $35M = $980,000; Keystone Mutual registered in Bermuda; US office at 140 Broadway, Suite 2800, New York, NY 10005Derek Okonkwo / C&HNorthern Crest Insurance Brokers, LLC (Michael Torrance, Account Executive); 1 Landmark Square, Suite 508, Stamford, CT 06901In Progress — UnderwritingYMediumR&W policy to be bound at or prior to closing; Northern Crest brokering
IE-02Tail Professional LiabilityBinding of 3-year extended reporting period (tail) professional liability policy for Lakewood operationsRidgeline Specialty Insurance Company$475,0003-year tail ERP; covers pre-closing professional liability claimsTiffany Rosenthal / C&HNorthern Crest Insurance Brokers, LLC (Michael Torrance)Not StartedYMediumRidgeline Specialty HQ in Chicago, IL; seller to procure or reimburse from proceeds
IE-03D&O TailBinding of 3-year D&O tail policy for Lakewood pre-closing directors/officersRidgeline Specialty Insurance Company$120,0003-year D&O tail coverageTiffany Rosenthal / C&HNorthern Crest Insurance Brokers, LLC (Michael Torrance)Not StartedNLowCovers Dr. Raymond Alcott (60% member), Dr. Nadia Petrosian (40% member), Gretchen Unger (COO)
IE-04Indemnification EscrowExecution of Indemnification Escrow AgreementApex Title & Escrow Services, LLC (Denise Kowalski, Escrow Officer); 1 Penn Plaza, Suite 4210, New York, NY 10119$35,000,00025% × $140,000,000 purchase price; indemnification cap also $35,000,000; mini-basket (tipping) $700,000 (0.5% × $140M); de minimis threshold $75,000 per claim; general reps survival 18 months (expires 2/15/2027); fundamental reps survival 36 months (expires 8/15/2028)Derek Okonkwo / C&H; Catherine Greer / WAGIn Progress — DraftingYMediumEscrow funded from closing proceeds
IE-05Purchase Price Adjustment EscrowExecution of Purchase Price Adjustment Escrow AgreementApex Title & Escrow Services, LLC (Denise Kowalski, Escrow Officer)$3,500,0002.5% × $140,000,000; Working Capital Target $6,200,000; collar ±$500,000; true-up deadline 11/13/2025 (closing + 90 days)Derek Okonkwo / C&H; Catherine Greer / WAGIn Progress — DraftingYMediumAdjustment escrow separate from indemnification escrow

SUMMARY

Total Insurance Premiums$1,575,000$980,000 + $475,000 + $120,000
Total Escrow Amounts$38,500,000$35,000,000 + $3,500,000

[sheet: Closing Deliverables]

Item #Deliverable CategoryDescriptionDelivering PartyReceiving PartyResponsible PreparerStatusDraft Circulated DateFinal / Executed DateBlocking Closing? (Y/N)Notes
CD-01Officer's CertificateSeller's Officer's Certificate — representations and warranties true and correct; covenants complied withLakewood Regional Health Partners, LLCCrestline Packaging Solutions LLCCatherine Greer / WAGNot StartedYTo be signed by Dr. Raymond Alcott as Co-Managing Member (60%)
CD-02Officer's CertificateBuyer's Officer's Certificate — representations and warranties true and correct; covenants complied withCrestline Packaging Solutions LLCLakewood Regional Health Partners, LLCDerek Okonkwo / C&HNot StartedYTo be signed by Marcus Waverly (CEO) or Patricia Hsu (CFO)
CD-03Good Standing CertificateSeller's Certificate of Good Standing — New YorkLakewood Regional Health Partners, LLC (EIN 46-5183294)Crestline / IroncladTomás Delgado / WAGNot StartedYLLC formed in New York; HQ at 450 East Ridge Road, Rochester, NY 14621
CD-04Good Standing CertificateBuyer's Certificate of Good Standing — DelawareCrestline Packaging Solutions LLC (EIN 83-2947561)Lakewood / IroncladTiffany Rosenthal / C&HNot StartedYDelaware LLC; HQ at 8400 Scioto Darby Road, Suite 300, Columbus, OH 43228
CD-05Good Standing CertificateCPS Holdings, Inc. Certificate of Good Standing — DelawareCPS Holdings, Inc. (EIN 83-2940187)IroncladTiffany Rosenthal / C&HNot StartedNRegistered agent: Penmark Industries, 1209 Orange Street, Wilmington, DE 19801
CD-06Legal OpinionSeller's Counsel Legal OpinionWhitfield, Ames & Greer LLP (Catherine Greer)Crestline / IroncladCatherine Greer / WAGNot StartedYWAG: 780 Third Avenue, 22nd Floor, New York, NY 10017
CD-07Legal OpinionBuyer's Counsel Legal OpinionCalderwood & Harkness LLP (James Prentice)Lakewood / IroncladJames Prentice / C&HNot StartedYC&H: 425 Lexington Avenue, 31st Floor, New York, NY 10017; Matter No. 1006-00008
CD-08Secretary's CertificateSeller's Secretary's Certificate with resolutions authorizing transactionLakewood Regional Health Partners, LLCCrestlineTomás Delgado / WAGNot StartedYDr. Alcott (60%) and Dr. Petrosian (40%) approval required
CD-09Secretary's CertificateBuyer's Secretary's/Manager's Certificate with resolutions authorizing transactionCrestline Packaging Solutions LLCLakewoodTiffany Rosenthal / C&HNot StartedY
CD-10FIRPTA CertificateSeller's FIRPTA / non-foreign person affidavit (Section 1445 IRC)Lakewood Regional Health Partners, LLCCrestlineCatherine Greer / WAGNot StartedYRequired for asset purchase; tax advisor Christine Nowak / H&W coordinating
CD-11Bill of SaleBill of Sale transferring purchased assetsLakewood Regional Health Partners, LLCCrestline Packaging Solutions LLCDerek Okonkwo / C&H (draft); WAG (review)Not StartedY
CD-12Assignment & AssumptionAssignment and Assumption Agreement for assumed contracts and liabilitiesLakewood / Crestline (mutual)Both partiesDerek Okonkwo / C&H; Tomás Delgado / WAGNot StartedYIncludes assumed liabilities — accrued PTO of $1,340,000 and imaging equipment lease balance of $2,870,000
CD-13Transfer Tax FormsReal property transfer tax declarations and filingsBoth parties — split equallyNY / PA taxing authoritiesSylvia Hartwell / C&H (tax); Christine Nowak / H&WNot StartedNEstimated transfer taxes $118,000 total ($59,000 each party)
CD-14Title DeliverablesDeeds / title transfer documents for owned real propertyLakewood Regional Health Partners, LLCCrestline Packaging Solutions LLCDerek Okonkwo / C&HNot StartedYTwo owned properties: Rochester Main ($6,900,000 appraised) and Syracuse ($4,900,000 appraised); total $11,800,000