Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / psa-exhibit-m-insurance-requirements.docx
psa-exhibit-m-insurance-requirements.docx
Parties
PURCHASE AND SA
M. Best
GMP Lakeland LLC
GMP Southport LLC
GMP Brickell LLC
Corvinael Property Insurance Corp
Business Inc
Veltrano Capital Lending Corp
Dates
February 28, 2024
June 6, 2024
October 12, 2023
October 18, 2023
September 15, 2020
March 1, 2022
August 15, 2023
July 1, 2028
February 1, 2021
June 15, 2022
Amounts
$1,100,000,000
$25,000,000
$10,000,000
$5,000,000
$74,800,000
$421,600,000.00
$142,300,000.00
$48,100,000.00
$25,000
$10,000
Obligations
Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Agreement
All policies of insurance required hereunder shall be issued by insurance carriers licensed or authorized to do business in each state in which a Property is located and holding an A
The failure of Buyer to obtain or maintain any insurance coverage required by this Exhibit M shall not relieve Buyer of any obligation or liability under the Agreement, nor shall it limit or otherwise affect any of Buyer's indemnification obligations thereunder
Such insurance shall provide coverage on a replacement cost basis, without deduction for depreciation, and shall not be subject to any coinsurance penalty or provision
The placement shall be arranged through Hartwick Gunderson & Associates, Inc
The insured values shall be allocated among the fourteen (14) Properties in accordance with the Purchase Price Allocation Schedule attached to the Agreement as Exhibit K