Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / rating-agency-engagement-letter-crestview.docx
rating-agency-engagement-letter-crestview.docx
Parties
Driftwood Credit Management LLC
Harkness LLP
Brindoval Analytical Services Inc
Ridgeline Credit Ratings LLC
Manager Driftwood Credit Management LLC
Agent Meridian Atlantic Securities LLC
Northbridge Capital Markets Inc
Cooperation Driftwood Credit Management LLC
Dates
June 12, 2023
August 4, 2023
August 22, 2023
September 8, 2023
October 15, 2036
September 12, 2023
September 12, 2025
September 12, 2028
July 28, 2023
August 18, 2023
Amounts
$400,000,000
$364,000,000
$36,000,000
$30,000,000
$20,000,000
$40,000,000
$145,600
$52,000
$256,000,000
$28,000,000
Obligations
Brindoval's assignment of ratings to the Rated Notes does not constitute, and shall not be construed as, an endorsement of the offering or sale of the Rated Notes or a recommendation to any investor to purchase, hold, or sell the Rated Notes
0% of the aggregate principal balance of the collateral pool ($40,000,000) These parameters serve as credit quality thresholds that the Collateral Manager is required to satisfy, and Brindoval will monitor compliance with these parameters as part of its ongoing surveillance process
1 Initial Rating Fee In consideration of Brindoval's assignment of initial credit ratings on the Rated Notes, the Issuer shall pay to Brindoval a one-time initial rating fee (the "Initial Rating Fee") upon the assignment of final ratings
The Initial Rating Fee shall be calculated as 4
The Initial Rating Fee shall be payable within thirty (30) days of the date of Brindoval's invoice, which shall be issued on or promptly following the Pricing Date
The Annual Surveillance Fee shall be $52,000 per annum, payable in advance