Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / proposed-final-dip-order.docx
proposed-final-dip-order.docx
Parties
Cascabel Asset Management LLC
Driftwood Absolute Return Fund Ltd
Federal Deposit Insurance Corp
Harkness LLP
Sato LLP
Crane LLP
Breckenridge McCoy LLP
Solstice Partners LLC
Dates
October 13, 2023
February 29, 2012
September 8, 2023
September 22, 2023
September 15, 2023
September 18, 2023
January 15, 2021
January 15, 2026
June 1, 2022
March 1, 2025
Amounts
$385,000,000
$75,000,000
$18,000,000
$1,500,000
$3,500,000
$13,000,000
$120,000,000
$45,000,000
$18,500,000
$183,500,000
Obligations
Capitalized terms used but not otherwise defined in this Final Order shall have the meanings ascribed to them in the DIP Credit Agreement
All borrowings under the DIP Credit Facility shall be used solely for purposes permitted by the DIP Credit Agreement and the DIP Budget
The DIP Facility shall be subject to the following material economic terms, in addition to all other terms and conditions set forth in the DIP Credit Agreement: (a) Interest Rate
The DIP Facility shall bear interest at a rate per annum equal to Adjusted Term SOFR (as defined in the DIP Credit Agreement) plus 900 basis points, with a SOFR floor of 4
Interest shall accrue from the date of each advance and shall be calculated on the basis of a 360-day year and actual days elapsed
Interest shall be payable monthly in arrears on the first business day of each calendar month