Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / loan-agreement-borrower-markup.docx
loan-agreement-borrower-markup.docx
Parties
Driscoll LLP
CORAL PALMS RESORT HOLDINGS LLC
Greystone Peak Asset Management LP
Net Operating Inc
Employee Retirement Inc
Verimark Hospitality Group Inc
Whitley Valuation Services LLC
Harkness LLP
Dates
December 19, 2022
December 9, 2022
December 12, 2022
January 5, 2023
December 31, 2020
December 31, 2021
September 30, 2022
Amounts
$160,000,000
$800,000.00
$1,600,000.00
$160,000,000.00
$4,800,000.00
$118,500,000.00
$1,185,000.00
$3,250,000.00
$32,265,000.00
$235,294,118
Obligations
1 — Definitions As used in this Agreement, the following terms shall have the meanings set forth below
Capitalized terms used but not defined herein shall have the meanings ascribed to them in the other Loan Documents
Without limiting the generality of the foregoing, Greystone Peak Asset Management LP shall be deemed an Affiliate of Lender
"Amortization Commencement Date" means the first Payment Date occurring on or after the second (2nd) anniversary of the Closing Date, being the date on which the amortization of the Loan shall commence on the basis of a thirty (30)-year amortization schedule
For purposes of calculating the DSCR, (i) Debt Service shall be calculated on an , and (ii) Net Operating Income shall be based on the trailing twelve (12)-month period ending as of the last day of the applicable fiscal quarter
The minimum Debt Yield shall be nine and 50/100 percent (9