Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / credit-agreement-second-revised-draft.docx
credit-agreement-second-revised-draft.docx
Parties
HARKNESS LLP
Partridge LLP
Verimark Hospitality Group Inc
Greystone Federal Credit Corp
Consolidated Net Inc
Employee Retirement Inc
Verimark Resort Properties LLC
VHG Management Services Inc
Dates
June 8, 2022
December 31, 2021
May 16, 2022
February 14, 2020
May 3, 2022
January 21, 2023
July 21, 2022
September 30, 2020
March 15, 2021
Amounts
$700,000,000
$341,000,000
$500,000,000
$625,000,000
$400,000,000
$2,180,000,000
$7,000,000
$693,000,000
$245,000,000
$50,000,000
Obligations
"Adjusted Term SOFR" means, for any Interest Period, an interest rate per annum equal to (a) Term SOFR for such Interest Period plus (b) the SOFR Adjustment applicable to such Interest Period; provided that if Adjusted Term SOFR as so determined shall be less than the Floor, Adjusted Term SOFR shall be deemed to be the Floor
The Applicable Margin shall be subject to adjustment pursuant to the Most Favored Nation Provision set forth in Section 2
15 shall be effective as of the date of incurrence of the applicable Incremental Term Loan that triggers such adjustment and shall remain in effect for so long as such Incremental Term Loan remains outstanding
"Business Day" means any day other than a Saturday, a Sunday, or a day on which banking institutions in New York City are authorized or required by law, regulation, or executive order to close; provided that, when used in connection with a Term SOFR-based borrowing, "Business Day" shall also exclude any day that is not a U
14, which shall be pari passu in right of payment and security with the Term Loans, subject to the terms and conditions of Section 2
"Interest Period" means, with respect to any Term SOFR Loan, the period commencing on the date such Term SOFR Loan is made or on the last day of the immediately preceding Interest Period applicable to such Term SOFR Loan, and ending on the numerically corresponding day in the calendar month that is 1, 3, or 6 months thereafter (in each case, subject to the availability of Term SOFR for such tenor), as selected by the Borrower in its Borrowing Request or notice of conversion/continuation; provided that (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in the next calendar month, in which case such Interest Period shall end on the immediately preceding Business Day, (b) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period, and (c) no Interest Period shall extend beyond the Maturity Date