FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / termination-letter-to-ridgeline.docx
termination-letter-to-ridgeline.docx · 1011-00001

Parties

HARKNESS LLP
Meridian Consumer Brands LLC
Whitfield Ames LLP
Bellweather Appraisal Group LLC
Partner Whitfield Ames LLP
Counsel Meridian Consumer Brands LLC
Officer Meridian Consumer Brands LLC

Dates

May 13, 2022
January 28, 2022
February 14, 2022
February 28, 2022
March 28, 2022
April 8, 2022
April 18, 2022
April 29, 2022
May 11, 2022

Amounts

$40,000,000
$35,000,000
$5,000,000

Obligations

The term sheet, in all of its iterations — including, without limitation, the Initial Term Sheet dated January 28, 2022, the revised term sheets dated February 28, 2022 and March 28, 2022, all counter-markups and comments delivered by either party, and the Best and Final Term Sheet dated April 29, 2022 — is hereby terminated and shall be of no further force or effect
For the avoidance of doubt, the obligations of confidentiality arising under any non-disclosure agreement, confidentiality agreement, or similar arrangement entered into between Meridian and Ridgeline (or their respective affiliates) in connection with or related to the Proposed Facility or the negotiations therefor shall survive the termination of the term sheet discussions in accordance with the terms, conditions, and duration set forth therein, and nothing in this letter shall be construed to modify, limit, or terminate any such obligations
Reservation of Rights Meridian expressly reserves all of its rights and remedies at law and in equity, whether now existing or hereafter arising, and nothing contained in this letter shall be deemed or construed as a waiver, release, or relinquishment of any such rights or remedies
Each party has borne, and shall continue to bear, its own costs, fees, and expenses (including, without limitation, the fees and disbursements of its respective legal counsel, financial advisors, and appraisers) incurred in connection with the Proposed Facility discussions, and neither party shall have any right to seek reimbursement or indemnification from the other party with respect to such costs, fees, or expenses