Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / lender-consent-sycamore-executed.docx
lender-consent-sycamore-executed.docx
Parties
GMP Peachtree LLC
GMP Mount Juliet LLC
Harkness LLP
Blackridge Hayes LLP
Greystone Meridian Capital LLC
Slater LLP
Property LLC
The Property LLC
Dates
May 22, 2024
November 22, 2019
February 28, 2024
December 1, 2030
April 12, 2024
March 8, 2024
December 31, 2023
Amounts
$48,100,000
$60,125
$30,062.50
$500,000,000
$50,000,000
$4.8
$1,100,000,000
$612,000,000
$488,000,000
$60,125.00
Obligations
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Loan Agreement
The Consent Fee shall be paid fifty percent (50%) by Buyer ($30,062
SECTION 2: CONDITIONS PRECEDENT TO EFFECTIVENESS The consent granted in Section 1 above shall not become effective unless and until each of the following conditions precedent has been satisfied to Lender's reasonable satisfaction: 2
The Replacement Guaranty shall include, without limitation, the following financial covenants applicable to Proposed Transferee as replacement guarantor: (a) Minimum Tangible Net Worth
No Event of Default, and no event or condition that, with the giving of notice, the passage of time, or both, would constitute an Event of Default, shall have occurred and be continuing under the Loan Agreement or any related loan document as of the date hereof and as of the date of the closing of the Transfer
Such fees and expenses shall be paid regardless of whether the Transfer is consummated