Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / email-response-to-cb-indenture-comments.eml
email-response-to-cb-indenture-comments.eml
Parties
Quorum Insurance Holdings Corp
Quorum Premium Finance LLC
Greer LLP
Harkness LLP
Dates
Amounts
$25
$450,000,000
$1,672,500
$375
$35,000
$5,000
$50,000
$25,000,000
$15,000,000
$2,325,600
Obligations
However, we have proposed two qualifications: (i) a 30-day cure period for breaches of non-financial representations, giving the Issuer a reasonable opportunity to remedy before acceleration rights arise; and (ii) a materiality qualifier, such that the breach must be "material and adverse to the interests of the noteholders
Our proposed alternative is that each individual receivable added to the pool must comply with the applicable state rate cap, without an additional aggregate WA APR covenant layered on top