Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / ironshore-consent-waiver-letter.docx
ironshore-consent-waiver-letter.docx
Parties
Skybridge Fintech Ltd
Harkness LLP
Kelvantis Lending Corp
Dates
January 12, 2024
August 15, 2022
August 15, 2025
January 15, 2024
January 15, 2026
Amounts
$15,000,000
$60,000,000
$750,000,000
Obligations
Capitalized terms used but not otherwise defined in this Consent and Waiver Letter (this "Letter") shall have the respective meanings ascribed to such terms in the Loan Agreement
For the avoidance of doubt, the aggregate principal amount of the Notes authorized hereunder shall not exceed $60,000,000, and any issuance of additional Notes or any increase in the principal amount of the Notes beyond such amount shall require the separate prior written consent of Kelvantis
The Borrower shall promptly provide Kelvantis with fully executed copies of the Investor Agreement Amendments following the execution thereof
The Subordination Agreement shall be in substantially the form reviewed and approved by Kelvantis prior to the date hereof, and any material modification, amendment, or waiver of the Subordination Agreement shall require the prior written consent of Kelvantis
Kelvantis shall have received a fully executed copy of the Subordination Agreement, duly executed by all parties thereto, in substantially the form previously reviewed and approved by Kelvantis prior to the date hereof, and such Subordination Agreement shall be in full force and effect
The NPA and the Notes shall be in substantially the form previously provided to Kelvantis prior to the date hereof, and no material modification, amendment, or supplement shall have been made thereto without Kelvantis's prior written consent