Extract to table

The purpose of this letter is to advise Greenfield on (i) the key remaining open items in the Credit Agreement, (ii) our estimated timeline to closing, and (iii) outstanding ancillary document deliverables that must be completed prior to or at closing

In our third markup, we proposed the following cure mechanics: (a) a maximum of two (2) cures in any rolling four-fiscal-quarter period; (b) a lifetime maximum of four (4) cures over the term of the Facility; (c) the cure contribution must be received in cash by the Borrower within ten (10) business days following delivery of the applicable compliance certificate demonstrating the FCCR shortfall; and (d) the cure amount shall be limited to the minimum amount necessary to cause the FCCR to equal 1

Deposit account control agreements must be executed with respect to Greenfield's operating accounts maintained at Prairie National Bank, N

The open items described in Section 2 above — including the MAC definition, equity cure rights, minimum excess availability clarification, and eligible accounts receivable concentration limit — must be resolved through further negotiation with KBW and the Lender group

The final report must be delivered to HCB and reviewed by the Lenders, and any resulting adjustments to the Borrowing Base or availability reserves must be determined and agreed upon

Deposit account control agreements must be fully executed and delivered for all applicable deposit accounts