Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-credit-agreement-key-terms.docx
memo-credit-agreement-key-terms.docx
Parties
HARKNESS LLP
M. Briggs
COO Calloway-Briggs Renewables Inc
Calloway-Briggs Renewables Inc
Shaw LLP
Pinnacle Mutual Assurance Corp
Ironclad Surety Corp
Dates
December 1, 2022
February 10, 2023
February 10, 2030
August 15, 2023
September 1, 2023
October 28, 2022
September 16, 2023
Amounts
$26,000,000
$40,000,000
$14,000,000
$9,100,000
$4,900,000
$185
$2.8
$18
$31,200,000
$2,800,000
Obligations
) must be structured to comply with the Credit Agreement's requirements
Conditions Precedent to Initial Advance All conditions precedent set forth in the Credit Agreement must be satisfied (or waived in writing by BRNB) before the Lender is obligated to fund the first draw under the Credit Facility
The EPC Agreement must be in form and substance satisfactory to BRNB and its counsel
The Ground Lease must include customary lender-protective provisions and must be in form and substance satisfactory to BRNB
This instrument is a required condition for Lender protection and must be in form and substance satisfactory to BRNB and its counsel
The policy must be placed through Kensington Risk Advisors, LLC (Dana J