Extract to table

This is the most complex document in the transaction and must be addressed before definitive loan documents are finalized

Given that MTDC is a government instrumentality organized under Illinois law, the scope of any guaranty must be carefully reviewed against MTDC's enabling legislation and any limitations on its authority to pledge credit

The Term Sheet imposes separateness covenants on the borrower entity that must be coordinated with the Delaware formation and organizational documents

The ground lease must be confirmed as financeable — i

Additionally, terrorism coverage under TRIA must be confirmed as available at reasonable cost, and the insurance schedule in the definitive loan documents must specify minimum limits, deductibles, and approved carrier ratings

C&H must conduct a comprehensive review of the Ground Lease to confirm its financeability