Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / payoff-calculation-memo.docx
payoff-calculation-memo.docx
Parties
Harkness LLP
Verimark Hospitality Group Inc
Coral Palms Resort Holdings LLC
Dates
January 9, 2023
March 1, 2023
June 1, 2019
March 15, 2022
October 15, 2022
June 1, 2024
May 31, 2022
June 1, 2022
January 5, 2023
Amounts
$160,000,000
$119,685,000
$120,400,000
$1,185,000
$118,500,000
$118,900,000
$32,265,000
$125,000,000
$1,185,000. 3
$21,725.00
Obligations
Conversely, if the closing must occur before March 1, 2023 due to business or timing constraints, the prepayment premium will be an additional cost of the refinancing transaction
However, the decision to delay the closing must be balanced against several other factors: (a) PAC deal timeline and rate lock
If the rate lock expires prior to March 1, the cost of extending the rate lock must be weighed against the $1,185,000 prepayment premium savings to determine the most cost-effective course of action