Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-credit-facility-regulatory-covenants.docx
memo-credit-facility-regulatory-covenants.docx
Parties
Harkness LLP
Dunmore Energy Holdings Ltd
Ridgeline Midstream Services LLC
Harborview Capital Management LLC
Sentinel Ridge Fund LP
System Ridgeline Midstream Services LLC
Capitol Filings Inc
Braswell Energy Consulting Group LLC
Dates
January 8, 2025
September 15, 2021
December 31, 2024
October 1, 2028
September 15, 2024
February 21, 2025
October 1, 2021
May 12, 2022
January 19, 2023
February 6, 2023
Amounts
$400
$75
$362.8
$150
$587.2
$2.8
$485
$160
$30
$120
Obligations
Ridgeline must maintain a minimum DSCR of not less than 1
Ridgeline must maintain a maximum ratio of total funded debt to EBITDA of not more than 5
Minimum Revenue Threshold Calculation: To determine the Minimum Revenue Threshold, we must estimate annual debt service on the term loan and revolving credit facility
01(d) provides that it shall constitute an Event of Default if "the Borrower shall fail to perform or observe any covenant or agreement contained in Section 7
01 of the Credit Agreement must be assessed in light of the dormant status of the FERC proceeding
The certification language in clause (d) must be drafted with care to avoid any inadvertent misrepresentation