Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / payoff-letter-meridian.docx
payoff-letter-meridian.docx
Parties
Private Equity Fund IV LP
Harkness LLP
Strauss LLP
Meridian Commercial Credit Corp
Background Meridian Commercial Credit Corp
VeloPay Processing LLC
PayStream Gateway LLC
Hollander LLP
Dates
July 18, 2025
March 14, 2022
July 22, 2025
July 1, 2025
March 14, 2025
April 1, 2025
March 21, 2022
April 5, 2022
April 12, 2022
July 21, 2025
Amounts
$112,000,000.00
$112,000,000.00 2.2
$1,230,000.00
$55,909.59
$0.00 2.4
$0.00 2.5
$45,000.00
$113,275,000.00
$0.00
Obligations
Capitalized terms used but not otherwise defined in this payoff letter (this "Payoff Letter") shall have the meanings ascribed to them in the Existing Credit Agreement
Any difference between the estimated amount and the final invoiced amount shall be settled between Meridian and the Borrower promptly following submission of such invoice
If payment is not received by such date and time, the Total Payoff Amount must be recalculated to include additional accrued interest at the per diem rate of $55,909
Wire Transfer Instructions for Payoff The Total Payoff Amount shall be remitted by wire transfer of immediately available funds in United States dollars to the following account: Bank Name: Atlantic Federal Trust, N
MCCC-2022-03147 Attention: Brian Castellano, VP, Loan Administration All payments must be made in immediately available funds denominated in United States dollars
Such advance notification is requested for operational purposes only and shall not be a condition to the effectiveness of this Payoff Letter or Meridian's obligations hereunder