Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / rw-insurance-policy-summary.docx
rw-insurance-policy-summary.docx
Parties
Harkness LLP
Private Equity Fund IV LP
Delaware General Corp
Capital Partners IV GP LLC
Harrowgate Capital Partners LLC
Ashford Growth Partners LP
Lockwood Risk Advisors LLC
Crane LLP
Dates
March 30, 2025
March 28, 2025
April 7, 2025
September 30, 2025
March 26, 2025
March 22, 2025
June 30, 2025
January 31, 2025
March 29, 2025
March 5, 2025
Amounts
$980,000,000
$15.95
$100,000,000
$9,800,000
$4,900,000
$117,600,000
$14.2
$4.8
$12.18
$14.50
Obligations
• Company Termination Fee: Pennfield is required to pay a termination fee of 3
• Reverse Termination Fee (Buyer): HPE Fund IV is required to pay a reverse termination fee of 6
Covenant compliance risk must be addressed through other mechanisms
C&H notes that the alignment between the Seller's disclosure schedules and the policy exclusions must be carefully reviewed upon execution of the Merger Agreement, and this is identified as an open item in Section VIII below
The policy must also cover the unaudited interim financial statements for the most recently completed fiscal quarter