Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-force-majeure-analysis.docx
memo-force-majeure-analysis.docx
Parties
Harkness LLP
Greer LLP
Kel Kim Corp
Vegetable Oil Corp
Hess Corp
Trans-Hudson Corp
State Corp
Dates
May 8, 2023
April 28, 2023
November 2, 2021
March 31, 2023
April 14, 2023
June 13, 2023
February 15, 2022
August 15, 2023
November 15, 2021
March 1, 2023
Amounts
$4,050,000
$1.00
$45,000,000
$18,000,000
$27,000,000
$1,350,000
$4,950,000
$9,900,000
Obligations
A Force Majeure Event shall not excuse the obligation of any party to make any payment of money due under this Agreement
4(a)(A) provides, in unambiguous and unqualified terms, that "delays in obtaining governmental approvals, permits, licenses, or authorizations" shall not constitute Force Majeure Events
4(b) contains an additional limitation of independent significance: the final sentence provides that "[a] Force Majeure Event shall not excuse the obligation of any party to make any payment of money due under this Agreement
Each Member shall make its Initial Capital Contribution in the amount set forth on Schedule 5
The obligation of each Member to fund its Additional Capital Contributions upon issuance of a Capital Call Notice is absolute and unconditional and shall not be subject to any setoff, counterclaim, defense, or deduction of any kind, and shall not be conditioned upon the achievement of any project milestone, the receipt of any governmental approval, or the satisfaction of any other condition
The provision specifies that the obligation to fund capital contributions upon a capital call is "absolute and unconditional" and "shall not be subject to any setoff, counterclaim, defense, or deduction of any kind