Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / dd-memo-intellectual-property.docx
dd-memo-intellectual-property.docx
Parties
HARKNESS LLP
Cascadia Acquisition Corp
Ironside Capital Management LP
Greer LLP
M. Weir
Clearwater Environmental Consulting Inc
Gridstone Technologies Inc
Voltarc Software LLC
Dates
March 12, 2019
March 12, 2039
January 14, 2020
January 14, 2040
August 19, 2022
January 1, 2022
August 20, 2022
September 1, 2022
August 31, 2022
August 23, 2022
Amounts
$750,000,000
$300,000,000
$1,950,000,000
$487
$138
$64
$1,200,000
$800,000
$350,000
$600,000
Obligations
The agreement specifies that consent shall not be unreasonably withheld, conditioned, or delayed
While the consent-not-to-be-unreasonably-withheld standard provides a degree of comfort, the need to secure affirmative consent creates execution risk that must be actively managed in the pre-closing period
Unlike the Gridstone SCADA license, the Voltarc EMS agreement does not include express language stating that consent shall not be unreasonably withheld, though we believe that a reasonableness standard would likely be implied under applicable law
The notice-only requirement eliminates consent risk; Cascadia must simply provide timely notice to AquaLogic following or in connection with the closing