FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / memo-mfn-clause-analysis.docx
memo-mfn-clause-analysis.docx · 1022-00008

Parties

Harkness LLP
Morrow LLP
Northgate Telecommunications PLC

Dates

April 28, 2023
April 3, 2023
April 21, 2023
May 5, 2023
June 9, 2023
June 8, 2028
December 31, 2022
June 8, 2032

Amounts

$75,000,000
$15,000,000
$420
$1,250,000
$10,500,000
$30,882
$2,574
$315,000
$1,575,000
$735,000

Obligations

MFN Warranty The core of the MFN provision is a warranty by Cedarpoint that the per-unit pricing charged to Northgate Americas for managed network services shall not exceed the lowest per-unit pricing offered to any other Cedarpoint customer of "comparable volume" during the applicable benchmark period
Cedarpoint must issue a retroactive credit to Northgate Americas within 45 calendar days of the determination of a pricing differential exceeding 3%
In addition to the retroactive credit, Cedarpoint must adjust Northgate Americas' prospective per-unit pricing to the lowest comparable customer rate within 30 calendar days of the determination
These proposals must be evaluated separately, as they raise different considerations
However, the proposal that the auditor must be "mutually agreed" introduces a procedural risk: Cedarpoint could delay or obstruct the audit process by withholding agreement on auditor selection
The auditor must have access to per-node pricing for managed network services for all comparable customers within the benchmark period