Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / equity-commitment-letter.docx
equity-commitment-letter.docx
Parties
Ardent Capital Partners III LP
Ardent Healthcare Holdings Inc
Growth Equity Fund II LP
Ryland Family Holdings LLC
Ardent Capital Management III LLC
General Corp
Harkness LLP
Dates
February 10, 2025
January 8, 2025
Amounts
$620,000,000
$290,000,000
$340,000,000
$10,000,000
$41,300,000
$640,000,000
Obligations
Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Purchase Agreement
The Fund's obligation to fund the Commitment shall not be subject to any conditions other than those expressly set forth in Section 3 of this Commitment Letter
The Closing shall be consummated substantially simultaneously with the funding of the Commitment in accordance with the terms and conditions of the Purchase Agreement, and no event shall have occurred or condition shall exist that would cause the Closing not to be consummated substantially simultaneously with such funding
as Administrative Agent, and the several lenders and other financial institutions from time to time party thereto, and the net proceeds of such funding, together with the Commitment, shall be made available to the Purchaser at or prior to the Closing
For the avoidance of doubt, and notwithstanding anything to the contrary contained herein or in the Purchase Agreement, the Purchaser hereby confirms that its obligation to consummate the Closing pursuant to the Purchase Agreement is not conditioned on the receipt of any debt or equity financing, and the failure by the Fund to fund the Commitment or by the lenders under the Credit Agreement to fund the Term Loan B facility shall not relieve the Purchaser of its obligation to consummate the Closing if and when required pursuant to the terms of the Purchase Agreement
Enforcement This Commitment Letter may be enforced solely by the Purchaser (and its permitted successors and assigns), and no other Person (including, without limitation, any Seller or any affiliate of any Seller) shall have any right to enforce, or any remedy in respect of, the Fund's obligations hereunder