FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / service-contract-review-memorandum.docx
service-contract-review-memorandum.docx · 1036-00004

Parties

Harkness LLP
Fairwater Property Management LLC
Blackridge Hayes LLP
Argyle Property Services LLC
SouthPark Corp
Oakes LLP
Target Entity LLC
Sentinel Guard Services Inc

Dates

April 8, 2024
February 28, 2024
June 6, 2024
June 7, 2024
March 22, 2024
May 1, 2024
August 31, 2024
June 13, 2024
October 4, 2024
September 4, 2024

Amounts

$375,000
$1,125,000
$4,200
$8,940,000
$1,230,000
$185,000
$1,500
$3,000
$74,000
$132,000

Obligations

However, seven (7) contracts contain change-of-control or indirect-transfer provisions that must be separately analyzed and addressed, as discussed in detail in Section IV below
Fairwater PM must deliver opt-out notices promptly post-closing to avoid automatic renewal for an additional term
4 (Service Contracts), which provides that Buyer may designate contracts for termination prior to closing, to the extent such contracts are terminable without penalty on not more than thirty (30) days' notice, and that Buyer shall assume all contracts not so designated
Typical language provides: "Neither party may assign this Agreement without the prior written consent of the other party, which consent shall not be unreasonably withheld, conditioned, or delayed
The relevant provision reads: "In the event of a Change of Control of Owner, Owner shall provide Contractor with written notice of such Change of Control not less than thirty (30) calendar days prior to the effective date thereof