Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / credit-agreement-first-markup-comment-letter.docx
credit-agreement-first-markup-comment-letter.docx
Parties
HARKNESS LLP
Whitfield LLP
Greenfield Agricultural Partners LLC
Greenfield Holdings Corp
Greenfield Grain Storage LLC
Greenfield Crop Inputs Inc
Associates LLC
Pearce LLP
Dates
September 23, 2022
September 16, 2022
September 9, 2022
September 30, 2022
April 2, 2018
June 30, 2022
Amounts
$80,000,000
$5,000,000
$3,500,000
$10,000,000
$50,000
$55,000,000
$38,750,000
$347,200,000
$289,600,000
$391,500,000
Obligations
"Eligible Crop Inventory" and "Eligible Crop-Input Inventory" Definitions The Borrower has identified several issues with the definitions of Eligible Crop Inventory and Eligible Crop-Input Inventory that must be resolved: (i) Valuation Methodology — Harmonization
These references must be harmonized
The Borrower requests that the Credit Agreement specify that a Trigger Period shall end when Excess Availability has exceeded the applicable threshold for twenty (20) consecutive business days
(ii) During a Trigger Period: The Agent shall be entitled to conduct additional field examinations at the Borrower's expense, without any cap on frequency or cost
The Borrower shall have the right to discuss any proposed reserve increase with the Agent before its implementation
("PNB") must be repaid in full at or prior to closing