Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / insurance-coverage-review-memorandum.docx
insurance-coverage-review-memorandum.docx
Parties
Harkness LLP
Veltrano Capital Lending Corp
Argyle Property Services LLC
Fairwater Property Management LLC
Blackridge Hayes LLP
Trident Environmental Group LLC
Target Entity LLC
M. This
Dates
April 10, 2024
May 31, 2024
January 22, 2024
February 5, 2024
March 18, 2024
January 15, 2024
September 15, 2020
July 1, 2028
February 1, 2021
March 1, 2029
Amounts
$1,100,000,000
$612,000,000
$421,600,000
$142,300,000
$48,100,000
$488,000,000
$55,000,000
$1,400,000,000
$285,000,000
$100,000
Obligations
Accordingly, Buyer must procure its own replacement insurance program to be effective at closing
The replacement program with Ironclad Indemnity must include TRIA coverage to comply with lender requirements
Lender Insurance Requirements — Comparison to Existing and Proposed Coverage Each of the three mortgage loan agreements that will be assumed by Buyer in connection with the transaction contains detailed insurance requirements that must be satisfied as a condition precedent to the lenders' consent to the assumption
All property policies must include a standard mortgagee clause naming "Pinnacle Federal Bank, N
All liability policies must name Pinnacle and its counsel (Whitfield & Archer LLP, Sandra Whitfield) as additional insureds
The policies must provide for 30 days' advance written notice to Pinnacle of cancellation or material change (10 days for cancellation due to non-payment of premium)