Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / non-binding-term-sheet.docx
non-binding-term-sheet.docx
Parties
Calloway-Briggs Renewables Inc
Lumen Ridge Infrastructure Partners LLC
Harkness LLP
Lumen Ridge Capital Advisors LLC
Solstice Plateau Energy Holdings LLC
Peachtree Corp
Whitmore Zanthor Group LLC
Additional Capital Calls The LLC
Dates
September 25, 2023
December 31, 2022
December 31, 2023
September 18, 2023
Amounts
$412
$98
$4.2
$300,000,000
$150,000,000
$60,000,000
$90,000,000
$87,000,000
$96,000,000
$200,000,000
Obligations
Capitalized terms used herein but not otherwise defined shall have the meanings ascribed to them herein or as the context may require
The Company shall not file an entity-level election on IRS Form 8832 to be classified as an association taxable as a corporation
1 Total Equity Commitment The aggregate equity commitment of the Parties to the Company shall be Three Hundred Million Dollars ($300,000,000), to be contributed as follows: • CBR Commitment: One Hundred Fifty Million Dollars ($150,000,000)
Lumen Ridge: Lumen Ridge shall contribute One Hundred Fifty Million Dollars ($150,000,000) in cash, by wire transfer of immediately available funds to the Company's designated bank account
2 above, the Project Portfolio shall be valued at Ninety Million Dollars ($90,000,000) (the "Agreed Valuation")
The Agreed Valuation shall be supported by a fairness analysis to be prepared and delivered by Ridgeline Barrow & Co