FR EA

Extract to table

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

Extract to table / insurance-compliance-checklist.docx
insurance-compliance-checklist.docx · 1020-00001

Parties

HARKNESS LLP
Greenfield Agricultural Partners LLC
Greenfield Holdings Corp
Greenfield Grain Storage LLC
Greenfield Crop Inputs Inc
M. Best
Whitfield LLP
Associates LLC

Dates

October 19, 2022
October 24, 2022
October 28, 2022
November 1, 2022
November 4, 2022
November 10, 2022
March 15, 2022
March 14, 2023
April 1, 2018
July 1, 2022

Amounts

$80,000,000
$64,800,000
$5,000,000
$10,000,000
$1,000,000
$55,000,000
$48,200,000
$8,100,000
$4,700,000
$3,800,000

Obligations

For each category, I describe the current coverage in place, summarize the applicable Credit Agreement requirements, and provide a compliance assessment identifying any gaps, open issues, or action items that must be addressed prior to closing
All property, casualty, crop insurance, and business interruption policies must name Heartland Commerce Bank, N
All liability policies (including commercial general liability, umbrella/excess liability, and automobile liability policies) must name Heartland Commerce Bank, N
All policies must provide for at least thirty (30) days' prior written notice to the Collateral Agent before cancellation or any material modification of coverage
The Borrower must maintain "all risk" property insurance (also known as "special form" coverage) on all owned and leased real property, personal property, and inventory
The Borrower must maintain commercial general liability ("CGL") insurance with limits of not less than $5,000,000 per occurrence and $10,000,000 in the general aggregate