Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / letter-apa-transmittal-to-seller-counsel.docx
letter-apa-transmittal-to-seller-counsel.docx
Parties
HARKNESS LLP
Kline LLP
Crestline Packaging Solutions LLC
Hargrove Thornton LLP
M. Raines
Dates
May 2, 2025
April 10, 2025
March 31, 2027
September 30, 2025
May 16, 2025
June 9, 2025
June 15, 2025
May 5, 2025
May 12, 2025
April 22, 2025
Amounts
$180,000,000
$9,000,000
$12,400,000
$250,000
$14,200,000
$3,100,000
$45,000,000
$1,350,000
$50,000
$8,000,000
Obligations
Venue for any disputes arising under the APA shall lie in the state or federal courts located in the Borough of Manhattan, City of New York, as set forth in the forum selection clause included in Article XII
Subject to deductions for any pending or unresolved indemnification claims, the Escrow Amount (together with any interest or other earnings accrued thereon) shall be released to Seller eighteen (18) months following the Closing Date
A de minimis collar of plus or minus Two Hundred Fifty Thousand Dollars (±$250,000) applies to the Net Working Capital adjustment, such that no purchase price adjustment shall be made if the difference between the Closing Net Working Capital and the Target NWC falls within this collar
If the Closing Net Working Capital exceeds the Target NWC by more than $250,000, Buyer shall pay the excess amount (including the full amount of the variance, not only the amount exceeding the collar) to Seller
Conversely, if the Closing Net Working Capital is less than the Target NWC by more than $250,000, Seller shall pay the deficiency amount to Buyer
Covenants and agreements that by their terms are to be performed at or prior to the Closing shall survive indefinitely, and covenants and agreements that by their terms are to be performed after the Closing shall survive in accordance with their terms