Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / warehouse-termination-release-agreement.docx
warehouse-termination-release-agreement.docx
Parties
Borrower DRIFTWOOD CREDIT MANAGEMENT LLC
DRIFTWOOD CREDIT MANAGEMENT LLC
Harkness LLP
ACKNOWLEDGMENT OF REPAYMENT AND SA
Caldwell LLP
Dates
September 12, 2023
May 22, 2023
May 25, 2023
August 22, 2023
August 20, 2023
May 24, 2023
Amounts
$250,000,000
$400,000,000
$212,500,000
$212,500,000.00
Obligations
Unless otherwise defined herein, capitalized terms used but not defined in this Agreement shall have the respective meanings given to such terms in the Warehouse Agreement
In this Agreement, unless the context otherwise requires: (a) words importing the singular shall include the plural and vice versa, and words importing a gender shall include each gender; (b) references to "Articles," "Sections," "Exhibits," and "Schedules" are references to articles, sections, exhibits, and schedules of or to this Agreement unless otherwise specified; (c) references to any agreement or document (including this Agreement) shall be construed as references to such agreement or document as amended, restated, supplemented, or otherwise modified from time to time in accordance with its terms; (d) references to any person shall include such person's successors and permitted assigns; (e) the words "include," "includes," and "including" shall be deemed to be followed by the words "without limitation"; (f) section headings and captions are inserted for convenience of reference only and shall not affect the construction or interpretation of any provision of this Agreement; (g) references to "herein," "hereof," "hereunder," and similar words refer to this Agreement as a whole and not to any particular provision; and (h) references to any statute or regulation shall be construed as references to such statute or regulation as from time to time amended, supplemented, or re-enacted
Effective as of the date hereof, the Warehouse Agreement is hereby terminated in its entirety and shall be of no further force or effect, except as expressly set forth in Section 3
All commitments of the Lender to make advances, extend credit, or otherwise make funds available to the Borrower under the Warehouse Agreement are, as of the date hereof, irrevocably terminated and cancelled, and no Party shall have any obligation to make any further advances or borrowings thereunder
The Facility amount of $250,000,000 is hereby permanently reduced to zero, and no further borrowings, revolving advances, or other extensions of credit shall be made or available thereunder
Effective as of the date hereof, each of the following documents and agreements executed, delivered, or entered into in connection with the Warehouse Agreement is hereby terminated in its entirety and shall be of no further force or effect, except as expressly set forth in Section 3