Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / indemnification-risk-allocation-memo.docx
indemnification-risk-allocation-memo.docx
Parties
Genome Dx Therapeutics Inc
NovaBio Diagnostics Corp
Lane LLP
Dates
May 14, 2023
May 11, 2023
February 8, 2025
August 8, 2023
August 8, 2028
December 31, 2022
August 8, 2025
August 8, 2026
August 1, 2023
April 14, 2023
Amounts
$140,000,000
$126,000,000
$14,000,000
$28,000,000
$1,400,000
$75,000
$100
$250
$7,000,000
$312,000,000
Obligations
4(b) of the APA provides that Seller's aggregate liability for all claims — including both non-fundamental and Fundamental Representation claims — shall in no event exceed an amount equal to the Total Consideration of $140,000,000
This alignment simplifies the survival analysis and ensures that all pre-closing covenant claims must be asserted within the same window as general representation claims
The RWI Policy retention ($1,400,000) is aligned with the APA basket ($1,400,000), so Buyer must satisfy both the contractual basket and the policy retention before Apex Mutual has any obligation to respond
• True-Up Deadline: The final NWC determination must be completed within ninety (90) days of the Closing Date, or by November 6, 2023