Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / wire-instructions-commonwealth-escrow.docx
wire-instructions-commonwealth-escrow.docx
Parties
HARKNESS LLP
Property LLC
Greystone Meridian Capital LLC
Blackridge Hayes LLP
Working Associate Blackridge Hayes LLP
CFO Greystone Meridian Capital LLC
Dates
June 6, 2024
February 28, 2024
April 12, 2024
May 28, 2024
March 1, 2024
April 15, 2024
April 16, 2024
December 6, 2025
June 5, 2024
August 14, 2022
Amounts
$27,500,000
$1,100,000,000
$55,000,000
$16,500,000
$275,000
$5,500,000
$488,000,000
$750,000,000
$486,930,000
$1,070,000
Obligations
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the PSA
These wire transfer instructions are delivered to Commonwealth National Title as the joint direction of Buyer and Seller (through their respective authorized representatives and counsel) and shall be deemed irrevocable upon delivery, subject to the conditions set forth herein
The remaining balance of the Indemnity Escrow Amount (net of any amounts disbursed or reserved in connection with pending claims) shall be eligible for release to Seller within ten (10) business days following the expiration of the Escrow Term, provided that no claims are then pending
The Indemnity Escrow Amount, together with all interest, earnings, and other amounts accrued thereon, shall collectively constitute the "Indemnity Escrow Fund
(b) Release of Remaining Balance: Subject to no pending or unresolved claims against the Indemnity Escrow Fund, the remaining balance of the Indemnity Escrow Fund (including accrued interest) shall be released to Seller within ten (10) business days following December 6, 2025
Commonwealth National Title shall not initiate any wire to Seller's account until the callback verification has been completed and documented