Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / internal-negotiation-strategy-memo.docx
internal-negotiation-strategy-memo.docx
Parties
HARKNESS LLP
Between Quorum Insurance Holdings Corp
Quorum Insurance Holdings Corp
Ashe LLP
Breckenridge Capital Management LLC
Strauss LLP
Pinnacle Ridge Advisory LLC
Meridian's Commercial Inc
Dates
December 15, 2022
December 2, 2022
November 4, 2022
January 18, 2023
August 8, 2022
February 14, 2023
June 15, 2021
Amounts
$60,000,000
$10,800,000
$12,300,000
$1,500,000
$60
$1.2
$25,000,000
$35,000,000
$25
$50
Obligations
Most critically, the MDLA must protect and enable Quorum's QuorumScore™ predictive underwriting model (USPTO application pending, Serial No
The lender consent process introduces a timing dependency: the consent must be obtained before Quorum can execute the MDLA, but it should not delay the substantive negotiation
Tier 1 Issues (Must-Win / Deal-Breakers for Quorum) The following issues are the highest priority for Quorum
Quorum shall exclusively own all right, title, and interest in and to all Derived Data, including all intellectual property rights therein and thereto
Meridian hereby assigns, and agrees to assign, to Quorum any and all rights Meridian may have or claim in any Derived Data to the extent necessary to effectuate the foregoing ownership provision
Nothing in the MDLA shall be construed to grant Meridian any license, right, or interest in or to any Derived Data, whether express, implied, or by estoppel