FR EA

Extract to table

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

Extract to table / escrow-agreement.docx
escrow-agreement.docx · 1015-00004

Parties

LUMEN RIDGE INFRASTRUCTURE PARTNERS LLC
SOLSTICE PLATEAU ENERGY HOLDINGS LLC
Calloway-Briggs Renewables Inc
Harkness LLP
Steele LLP

Dates

December 4, 2023
February 15, 2024
February 20, 2024
April 30, 2024
February 5, 2024

Amounts

$60,000,000
$90,000,000
$150,000,000
$300,000,000
$210,000,000
$1,000,000,000
$210,000,000.00

Obligations

Unless the context of this Agreement otherwise requires: (a) headings and captions are included for convenience of reference only and shall not affect the construction or interpretation of any provision of this Agreement; (b) words in the singular shall include the plural, and words in the plural shall include the singular; (c) the words "herein," "hereof," "hereunder," and words of similar import shall refer to this Agreement as a whole, including all Exhibits attached hereto, and not to any particular Article, Section, or provision hereof; (d) references to an "Article," "Section," or "Exhibit" shall mean an Article, Section, or Exhibit of or to this Agreement, unless otherwise specified; (e) the word "including" (and with correlative meaning, "include" and "includes") means including without limiting the generality of any description preceding or following such word, and shall be deemed to be followed by the phrase "without limitation"; (f) references to "dollars" or "$" shall mean United States dollars; (g) references to any statute, rule, or regulation shall include any amendments, modifications, successor legislation, rules, or regulations thereto; and (h) this Agreement shall be governed, construed, and interpreted in accordance with the laws of the State of Delaware, as set forth more fully in Section 10
CBR and Lumen Ridge hereby jointly appoint Continental Fiduciary Trust Company as Escrow Agent to receive, hold, invest, and disburse the Escrow Funds in accordance with the terms and conditions of this Agreement, and Continental Fiduciary Trust Company hereby accepts such appointment and agrees to act as Escrow Agent upon the terms and conditions set forth herein
The Escrow Agent shall hold and dispose of the Escrow Funds solely in accordance with the provisions of this Agreement
The Escrow Agent's acceptance of its appointment hereunder shall be effective upon execution and delivery of this Agreement by the Escrow Agent
The Escrow Account shall be maintained in the name of "Continental Fiduciary Trust Company, as Escrow Agent for Calloway-Briggs Renewables Inc
The Escrow Agent shall not commingle the Escrow Funds with any other funds held by the Escrow Agent or with its own funds