FR EA

Extract to table

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

Extract to table / rw-insurance-policy-binder.docx
rw-insurance-policy-binder.docx · 1001-00007

Parties

Ardent Healthcare Holdings Inc
Growth Equity Fund II LP
Ryland Family Holdings LLC
Velthorn Risk Advisors LLC
Insured Ardent Healthcare Holdings Inc
Ardent Capital Partners III LP
Ardent Capital Management III LLC
Employee Retirement Inc

Dates

April 18, 2025
February 10, 2025
April 18, 2026
October 18, 2026
December 31, 2022
December 31, 2023
December 31, 2024
January 31, 2025
June 17, 2025
March 14, 2024

Amounts

$620,000,000
$62,000,000
$6,200,000
$3,100,000
$34,500,000
$2,000,000
$4,200,000
$1,240,000
$50,000
$1,190,000

Obligations

Coverage bound hereunder is subject to the issuance of the final Representations and Warranties Insurance Policy (the "Policy"), which, upon issuance, shall be the governing document with respect to all matters of coverage, interpretation, and claims administration
In the event of any inconsistency between this Binder and the final Policy, the terms of the final Policy shall control in all respects; provided, however, that coverage shall not be materially less favorable to the Insured under the final Policy than as described in this Binder without the prior written consent of the Insured
For the avoidance of doubt, the designation of Ardent Capital Partners III LP and Ardent Capital Management III LLC as additional insureds shall not increase the aggregate Policy Limit set forth in Section III
All notices required or permitted under this Binder or the final Policy, as well as all premium payments, shall be coordinated through the Broker unless otherwise expressly directed in writing by the Insured or the Insurer
The Broker shall have no authority to bind coverage, modify terms, or settle claims on behalf of the Insurer except as expressly authorized in writing by the Insurer
Policy Limit The aggregate limit of liability of the Insurer under this Policy shall be Sixty-Two Million Dollars ($62,000,000), representing ten percent (10%) of the Purchase Price (the "Policy Limit")