FR EA

Extract to table

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

Extract to table / rw-insurance-tolling-side-letter-execution.docx
rw-insurance-tolling-side-letter-execution.docx · 1023-00001

Parties

Cascadia Acquisition Corp
Meridian Infrastructure GP IV LLC
Pinnacle Credit Partners LLC
Ironside Capital Management LP
Harkness LLP
Pratt LLP
COURIER Ironside Capital Management LP

Dates

January 20, 2023
September 1, 2022
September 2, 2022
September 15, 2022
November 22, 2022
December 31, 2022
March 31, 2023
October 28, 2022
January 9, 2023
July 29, 2022

Amounts

$4,875,000
$195,000,000
$1,950,000,000
$300,000,000
$750,000,000
$64,000,000
$22,500,000
$277,500,000
$731,250
$4,143,750

Obligations

"Reactivation Date" means the date on which the Insured delivers written notice to the Insurer that the Dormancy Period has ended and the Transaction is being reactivated, which notice shall be accompanied by the materials specified in Section 5 hereof and shall be subject to the Insurer's supplemental underwriting rights set forth therein
Capitalized terms used but not otherwise defined in this Side Letter shall have the meanings ascribed to such terms in the Policy
In the event that a defined term in this Side Letter conflicts with the definition of such term in the Policy, the definition set forth in this Side Letter shall control solely for purposes of this Side Letter
The tolling shall be deemed to have commenced automatically as of the Dormancy Date without further action by either party, and the parties acknowledge that the period from the Dormancy Date through the date of execution of this Side Letter shall be treated as part of the Dormancy Period for all purposes hereunder
All terms, conditions, exclusions, retentions, and limits of the Policy shall remain in full force and effect during the Dormancy Period, except as expressly modified by this Side Letter
Without limiting the generality of the foregoing: (a) The coverage limit of One Hundred Ninety-Five Million Dollars ($195,000,000) shall remain unchanged during the Dormancy Period and shall not be reduced, adjusted, or impaired by reason of the tolling; (b) The retention amount (as set forth in the Policy) shall remain unchanged during the Dormancy Period; (c) No coverage shall be deemed to have lapsed, expired, or been terminated by reason of the Dormancy Period or the passage of time during the Dormancy Period; and (d) All endorsements, riders, and schedules to the Policy in effect as of the Dormancy Date shall remain in full force and effect