Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / reps-warranties-risk-allocation-memo.docx
reps-warranties-risk-allocation-memo.docx
Parties
HARKNESS LLP
Ironside Capital Management LP
Cascadia Acquisition Corp
Greer LLP
Pinnacle Credit Partners LLC
Pratt LLP
Meridian GP IV LLC
Meridian Infrastructure GP IV LLC
Dates
September 2, 2022
September 15, 2022
August 12, 2022
August 20, 2022
July 29, 2022
August 30, 2022
September 1, 2022
August 31, 2022
June 30, 2022
December 31, 2021
Amounts
$750
$300
$1,050,000,000
$1,950,000,000
$138
$975
$650
$325
$150
$2,025,000,000
Obligations
However, the mechanism for distributing any recovery to the equity participants must be clearly established in the Co-Investment Allocation Agreement to ensure proportional treatment, as discussed further in Section V
EC22-143-000 relates to the Section 203 transfer application that must be approved in connection with the change of control of Cascadia's FERC-licensed hydroelectric facilities, and OPUC Docket No
The ECLs should provide that a default by Fund IV under its ECL shall not constitute a default by ICM Co-Invest under its ECL, and vice versa
This is an inappropriate allocation of risk that must be addressed
(b) A "Funding Failure" provision should be added to the EPA (or to the ECLs) expressly providing that ICM Co-Invest is not required to fund any amount in excess of its $300 million committed capital under any circumstances, and that ICM Co-Invest shall have no liability or obligation to fund, guarantee, backstop, or otherwise support Fund IV's equity commitment or any portion thereof
This gap must be addressed